Ted Vaill: The Bush tax cuts decreased the top personal income tax rate from 39.6% to 35%. A hypothetical millionaire who had $1,000,000 in adjusted gross income in each of the past 10 years benefitted by over $200,000. It is time for payback. Do it.
Robert Reich: Excuse me for sounding impertinent, but isn’t this fear-mongering likely to buttress Republican arguments that the Bush tax cuts should be extended for everyone — including the rich?
Shiela Kuehl: Proposition 38, which amends state statutes (not the Constitution) to increase state income tax for any Californian earning more than $7316 a year, and allocates the increased revenues to K-12 education, state debt and early childhood education.
Randy Shaw: In case you missed it, the Republican Party has unified behind a budget plan that provides massive new tax breaks for the wealthy while cutting student aid, Medicaid, and nearly every federally funded non-military program.
Robert Reich: The more irresponsible his bomb-throwing, the more attractive Gringrich becomes to a sizable portion of Americans so fed up they feel like throwing bombs.
Robert Reich: Simple fairness requires three things: More tax brackets at the top, higher rates in each bracket, and the treatment of all sources of income (capital gains included) exactly the same.
Robert Reich: It’s tax time. It’s also a time when right-wing Republicans are setting the agenda for massive spending cuts that will hurt most Americans.
Randy Shaw: while Obama and the Democratic Congress have achieved major gains, there is a entire other range of critical issues — the record military budget, increased troops in Afghanistan, inaction on both comprehensive immigration reform and EFCA, the absence of a major job creation program — where change is missing. This leaves Obama’s “remaking” far less sweeping than Ronald Reagan’s achievement in 1981.
Right-wingers at the Howard Jarvis Taxpayers’ Association understand that elections are transitory – and a long-term approach requires going back to the voters over and over again.