A Tax Code Built for the Richest of the Rich

By: Monday November 21, 2011 10:16 am

This is a powerful statistic from Forbes. The Top 0.1 percent of the country captured about half of the capital gains, which are currently taxed at just 15 percent, making this a prime mechanism for increasing income inequality.  From Forbes: Capital gains are the key ingredient of income disparity in the US– and the force behind the winner [...]

When Geithner Talks About Reducing the Deficit, He Means Steal from the Poor and Give to the Rich

By: Friday July 9, 2010 1:23 pm

I have long held the belief that when Republican deficit hypocrites talk about “reducing the deficit,” they are simply using it as secret code for “exploiting regular Americans.” They almost never have plans that would actually reduce the deficit. Their “deficit reduction” plans are mainly schemes like taking Medicare and Social Security from middle-class people, [...]

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