Tag Archives: taxes

The Big Lies

1.  Americans are overtaxed. 2.  The American economy can be fixed by cutting spending.

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The Big Truths

1. In reality,  compared to previous years and compared to the rest of the world, Americans are under-taxed. According to the Commerce Department’s Bureau of Economic Analysis, by historical standards, what we pay in federal taxes — rich, poor and … Continue reading

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BPR Quote of the Day

“Why has the response to rising inequality been a drive to reduce taxes on the rich?” Paul Krugman —NY Times columnist and Nobel Prize-winning Economist  

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Which Party Controls Congress?

America’s wealthiest taxpayers couldn’t be happier. The top 2% got their Bush tax cuts extended for at least two more years AND got an even better deal on their estate taxes, getting the first $10 million tax free, and only … Continue reading

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