Category Archives: taxes

How Mitt and His Partners Get Rich–And How We Pay For It

In less than three minutes, Robert Reich explains how capital equity partnerships, like Bain Capital, game the system–and how the rest of us end up holding the bag.

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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