Category Archives: taxes

Thomas Jefferson: Let the Rich Pay the Taxes

BPR Quotes of the Day Thomas Jefferson’s views on who should be paying taxes would clearly disqualify him as a member of today’s Republican Party….. “The collection of taxes… has been as yet only by duties on consumption. As these … Continue reading

Posted in Economics, finance, Republican Party, taxes | Tagged | 7 Comments

Taxing the Rich Healthy For the Economy

Why a Fair Economy is Not Incompatible with Growth but Essential to It by Robert Reich/ robertreich.org/ April 15, 2012 One of the most pernicious falsehoods you’ll hear during the next seven months of political campaigning is there’s a necessary … Continue reading

Posted in Economics, economy, inequality, taxes | Tagged , , , , , , | 106 Comments

With a Cherry on Top?

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When Top Tax Rates Rise, So Does The Economy

by Arlen Grossman/ The Big Picture Report/ April 9, 2012 Looking at the first chart below, you can see the top marginal income tax rates dropped from 73% in 1921 all the way down to 24% by 1929. After that, … Continue reading

Posted in Economics, economy, government, inequality, Republican Party, taxes | Tagged , , , , , , | 53 Comments