Robert Reich: omney admits to an income of over $20 million a year for the last several decades. Which makes his 13 percent — or even 20 percent — violate the principle of equal sacrifice that lies at the core of our notion of tax fairness.
Robert Reich: The answer is to reform capitalism. The world’s productivity revolution is outpacing the political will of rich societies to fairly distribute its benefits.
Robert Reich: If you took the greed out of Wall Street all you’d have left is pavement. The problem is endemic abuse of power and trust.
Adam Eran: The bottom line here is that State spending disproportionately goes to lower-income people, while recent tax cuts have disproportionately favored the wealthiest taxpayers.
Lawrence Wittner: At this point, we might well wonder if it was such a good idea to overthrow a democratic, secular nationalist like Mossadeq to preserve the profits of the Anglo-Iranian Oil Company (now renamed BP). Indeed, given the sordid record of BP and other giant oil companies, we might wonder why we tolerate them at all.
Tina Dupuy: Whitman has said that her cap on donating to her own campaign is $150 million dollars. She spent half of that on the primary. This is a governor’s race. One state. Just to put this into perspective, in 2008 John McCain spent $350 million total to run nationally for president. That’s all 50 states.