These are the reactions we should expect to hear from the Mainstream Corporate Media in response to Oregon voters' decision to increase their State income tax on the wealthiest residents and increase taxes on Corporations and businesses. … [Read more...]
JFK Endorses Scott Brown!
No. What Brown and Jacoby won't tell you is that from 1954 to 1963, the top tax bracket was a stultifying 91%! The bottom rate was 20%. Even with a Republican in the White House from 1953 to 1961, and Republican control of Congress from … [Read more...]
The Monumental Stupidity of “No New Taxes”
Here are the basics of the monumental stupidity of no new taxes. 1. The fiscally irresponsible GOP pushed the US to the edge of bankruptcy by cutting taxes on the wealthiest Americans (not the middle class)and then waging two wars … [Read more...]
The Proposed War Tax
Cross-posted from Blue News Tribune. Alan Khazei gets credit for bringing this idea to the Senate race, though I didn't see it on his website. City Year co-founder Alan Khazei kicked off the primary campaign's final televised debate by … [Read more...]
Tax amnesty program bringing forward more than a few tax evaders.
Popped into Huffington Post to find this amazing news. More than 14,700 U.S. taxpayers came forward to disclose billions in offshore bank accounts in 70 countries under a voluntary Internal Revenue Service program allowing most to avoid … [Read more...]
Stop talking about “taxes” start talking about fundamental fairness – w poll
Stop framing the discussion as "raising taxes". Start talking about fundamental fairness and the American Dream being destroyed by greedy banksters and a rapacious elite. Go to What will kill the American Dream, in hard numbers It is not … [Read more...]
Close the loopholes; raise revenues
It was bad, but it could have been worse. Gov. Deval Patrick announced $352 million in cuts in response to a $600 million budget gap. Federal stimulus funds plugged the rest of the gap (see the Mass Budget and Policy Center's … [Read more...]
Is raising taxes political suicide?
When legislators talk about talking about raising taxes they say it would be political suicide. I disagree. It is how it is framed. Most of our legislators don't have real opposition. There is no real GOP and incumbency is very powerful. I … [Read more...]
Could Adjusting Loopholes be Part of a Balanced Approach to Support Our State?
Peter Enrich, Law Professor at Northeastern University and former general counsel to the Massachusetts Executive Office for Administration and Finance has been testifying before the Revenue sub-committee on Tax Expenditures, and for this … [Read more...]
Budget choices and consequences
Our governor and Legislature are at a critical juncture, faced with the choice between making sweeping cuts that could have far reaching consequences for the health and well being of the state or raising new revenue to support the public … [Read more...]
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