Robert Reich: Here’s a short effort to rebut the seven biggest whoppers now being told by those who want to take America backwards.
Robert Reich: You can bet Republicans will continue to harp about the large portion of low-wage earners who pay no income taxes — without mentioning that they pay a higher portion of their incomes than anyone else in payroll and sales taxes.
Tina Dupuy: Historians agree the best Republican President was also the first: Abraham Lincoln. Who’s second runner up? Which President has represented Republican values best? Easy. President Barack Obama.
Robert Reich: Public budgets are in trouble because revenues plummeted over the last two years of the Great Recession. They’re also in trouble because of tax giveaways to the rich.
Robert Reich: The President says a Republican proposal to extend the Bush tax cuts to everyone for two years is a “basis for conversation.” I hope this doesn’t mean another Obama cave-in.
Adam Eran: Acting together solved problems in FDR’s philosophy. Such action was the problem, in Reagan’s. Now we have experienced roughly 40 years of each. Which one produces better results?
Robert Reich: Restoring top earners’ marginal tax rates to what they were during the Clinton administration (36 and 39 percent) won’t inhibit their spending. That’s because they already save a large portion of what they earn, and already spend what they want to spend.