Shamus Cooke: Working people in the U.S. need to learn to speak Greek, and adopt an increasingly popular slogan that rejects austerity measures: Tax the Rich!
Who should bear the tax burden? Is there an argument to be made for a regressive tax structure? Is the progressive tax structure the only way to address issues of income inequality? These and other questions are discussed in the articles on this page.
Robert Reich: In the most recent Mega Millions game – whose winning tickets were drawn last week and whose jackpot rose to $640 million – lottery ticket buyers shelled out some $1.5 billion, most of which went to state governments.
Paul Hogarth: When it comes to crafting state budget policy, Sacramento’s leadership never bothers to consult the grass-roots – cutting deals with big business and a small handful of unions, and then expecting the rest of us to take our marching orders.
Brent Budowsky: As President Obama and Democrats battle during this holiday season to enact a tax cut for the 99 percent of Americans who constitute the heart of the nation, House Republicans are making a seismic political blunder reminiscent of the self-destructive overreaching of then-Speaker Newt Gingrich (R-Georgia) that rejuvenated the Clinton presidency during the 1990s.
Robert Reich: So here’s the deal: We’ll reelect you. We’ll stand behind you. We’ll give you a mandate to do all this – and more – in your second term. As long as you stand behind us.
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.
Paul Loeb: Did you know Obama’s health care bill contained a $20 billion a year tax on the richest Americans? I didn’t until I stumbled onto a mention of this the other day.
Denis Campbell: Yet the entire GOP is deluded into thinking they will regain all three branches of government with a policy of tax cuts for the rich and ignoring the 99%?
Robert Reich: Republican leaders are trying to get rank-and-file Republicans to go along with an extended payroll tax holiday — but by paying for it without raising taxes on the very rich.
Sy Slavin: This Canadian study shows that as far as creating new jobs and generally decreasing unemployment, the way to go is increasing governmental infrastructure expenditures.
Brent Budowsky: Pledges such as the Norquist pledge should be flat-out discarded, as a matter of policy and principle, by all legislators, to achieve a bipartisan agreement at a time of economic crisis.
Robert Reich: All flat-tax proposals benefit the rich more than the poor for one simple reason: Today’s tax code is still at least moderately progressive. The rich usually pay a higher percent of their incomes in income taxes than do the poor. A flat tax would eliminate that slight progressivity.
This week, Ray Bishop comments on John Peeler’s article, “What Occupy Wall Street Can Learn from the Tea Party.” Ray says, “If the power structure attempts to. . .