Tag Archives: the plight of the overtaxed rich

Republicans choose tax breaks for the rich over extending benefits to unemployed Americans

I don’t know that I’m all that surprised to hear that all 42 Republican Senators have gone on record saying that they’ll block any legislation moving through Congress until the Bush tax cuts on the wealthy are extended. I kind of expected as much, given the amount of money they receive from the CEOs of […]

Posted in Detroit, Economics, Politics, Uncategorized | Also tagged , , , , , , , , , | 10 Comments

Reagan’s budget director David Stockman on why taxes on the wealthy must be increased

I know that I should be writing about TSA pat downs and the new Wikileaks brouhaha tonight, like everyone else with moveable appendages and a blog, but I can’t seem to get with the program. For whatever reason, I feel as though I need to stick with the Bush tax cuts. I know it bores […]

Posted in Economics, Politics, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , , | 6 Comments

Wealthy patriots make the case to kill Bush’s tax cuts

Billionaire investor Warren Buffet has long been outspoken in his belief that the rich in American need to pay their fair share in the way of taxes. While a majority of Americans would agree with Buffet, it’s not something that many of our leaders in Washington seem willing to bring up, let alone champion. As […]

Posted in Economics, Politics | Also tagged , , , , , , , , , , , , , , | 8 Comments

No tax cuts for the rich

I’ve been writing a lot about lately about the growing gap between rich and poor in American, and the systematic destruction of the middle class, and how I believe both trends to be destructive to our Democracy. I didn’t want to write about it tonight, though. I was actually planning to take the night off, […]

Posted in Economics, Politics | Also tagged , , , , , , , , , , , , , , , , , , , , , , | 7 Comments

Standing up for the rich

Republicans want to extend the Bush tax breaks for the super-rich. They say that this is absolutely necessary, as it’s the rich who create jobs. It sounds logical enough, right? But, recent history tells us a different story. In 2001, when Bush first pushed these tax breaks through Congress, we were told that doing so […]

Posted in Economics, Politics | Also tagged , , , , , , , , , , | 14 Comments

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