During the last Bush Presidency, as you may recall, there was a coordinated campaign to eliminate the Estate Tax, which has existed in some form in the United States since the 18th century. Rebranding it the “Death Tax” under the guidance of Republican pollster Frank Luntz, wrote that the term “kindled voter resentment in a […]
Tag Archives: American aristocracy
Estate Tax good. American aristocracy bad.
It’s now scientifically proven… You have no voice. You have no power.
According to The Hill, the fall 2014 edition of the academic journal Perspectives on Politics will contain definitive evidence that, statistically speaking, you and I, as average Americans, have “virtually no impact whatsoever on the making of national policy in our country.” Here, with more on the findings of Princeton University’s Martin Gilens and Northwestern […]
The wealth inequality meme may finally be going viral… Let’s hope it makes a difference
I’m sure that most of you have seen it already, as it’s been all over the web today, but, just in case you haven’t, I’d highly recommend that you take a few minutes and watch this short animated video on the subject of wealth disparity in America. I suspect that our readers on the far […]
Use of food stamps, sale of luxury goods – on the rise
I read some terrible news today. According to new data released by the IRS, it looks like the incomes of non-wealthy Americans fell dramatically in 2009, “with total income down 15.2 percent in real terms since 2007.” It wasn’t all bad news today, though. It was also reported that the sale of high-end luxury goods […]
The takeover of America by the super-wealthy
This brilliant explanation by former Labor Secretary Robert Reich, as to what’s really been going on in America, economically speaking, has been going around the internet for the past few days. I suspect that most of you have already seen it, but I thought that I should put it up here on the front page, […]