Tag Archives: effective tax rate

Plutocracy in America

The Nation just ran a good piece on American Plutocracy. Plutocracy, for those of you who don’t know, is a political system in which those with wealth rule. Under such a system, opportunities for social mobility are limited, and there’s an enormous disparity between those with money (and power) and those without it. Of particular […]

Posted in Economics, Politics, Rants | Also tagged , , , , , , , , | 42 Comments

Taxed Enough Already

Footage from the big D.C. Tea Party rally on Thursday: Untitled from elizabeth glover on Vimeo. It seems that Tea Baggers are irate over the recent tax increases that Obama has forced down the throats of the American middle class. I’d be the first to agree that their anger was justified, if only the facts […]

Posted in Media, Observations, Other, Politics | Also tagged , , , , , , , , , , | 20 Comments

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