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December 18, 2014
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Tag: Wealthy

Stephen Colbert: ‘Poor Doors’ Latest in Trend to Help ‘Haves’ Not Have to See the ‘Have-Nots’

The “Colbert Report’s” super-wealthy host explains why a New York building with a “poor door” for its less well-off residents makes total sense.

Posted on Jul 29, 2014 READ MORE



London Tops Super-Rich City List, Survey Shows

London has more billionaires than any other city in the world, and Britain has more billionaires per head of population than any other country, new data showed Saturday.

Posted on May 11, 2014 READ MORE


Pitchforks

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Posted on Jan 30, 2014 READ MORE



shahbasharat (CC BY 2.0)

Don’t Want to Pay Child Support? Get a GOP Rep. to Change the Law After a Hefty Donation

Millionaire Michael Eisenga decided he was tired of giving his ex-wife and three kids $216,000 a year in child support but, unsurprisingly, the judicial system did not sympathize with his plight. So what was a poor rich Republican to do? Have a GOP puppet change the law apparently.

Posted on Jan 14, 2014 READ MORE


Inequality

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Posted on Jan 4, 2014 READ MORE


Income Inequality

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Posted on Jan 4, 2014 READ MORE



Spo0nman (CC BY-ND 2.0)

Big Taxes Coming to France

France is set to impose a “millionaire tax” on companies that pay salaries in excess of 1 million euros ($1.38 million) a year. Business leaders and soccer clubs are furious, calling the measure anti-business.

Posted on Dec 30, 2013 READ MORE


Leveling the Playing Field

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Posted on Dec 24, 2013 READ MORE


The Hook

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Posted on Dec 3, 2013 READ MORE


Income Monopoly

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Posted on Sep 20, 2013 READ MORE


Mr. Burns

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Posted on Sep 12, 2013 READ MORE



Flickr/401(K) 2012

Study: Tax Cuts for Rich Not Path to Economic Growth

Contrary to what conservatives have been pushing, reducing taxes for the wealthiest Americans will not grow the economy. However, according to a new study by the Congressional Research Service, it does help to create income inequality.

Posted on Sep 17, 2012 READ MORE



davelawrence8 (CC-BY)

A Peek at Some of Romney’s Plans

Mitt Romney accidentally offered a glimpse of what he might do as president when a group of reporters standing outside a Florida fundraiser Sunday overheard the presidential hopeful tell a group of wealthy donors that he wants to get rid of some tax deductions for rich people and take an ax to some government departments.

Posted on Apr 16, 2012 READ MORE


Two-Party System

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Posted on Jan 26, 2012 READ MORE


Debt Ceiling

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Posted on Jul 27, 2011 READ MORE



Flickr / doug88888

The Real Cause of America’s Debt Crisis

Over the past century, America’s rich made their millions and billions through the use of public assets shared by everyone. By virtue of those profits, they have not only a moral, but a rational obligation to pay more for the upkeep of public services. (more)

Posted on Jul 25, 2011 READ MORE


Bernie Sanders, a Violin and the Disappearing Middle Class

In December, Sen. Bernie Sanders, I-Vt., made a noble attempt to filibuster against the extension of the Bush tax cuts. Predictably, his effort failed, and President Obama and members of the 111th Congress assumed responsibility for $858 billion in public money lost over the following two years.

Posted on Jul 23, 2011 READ MORE



Flickr / uskidz

Minnesota Shuts Down

Six months of negotiations ended in booing and hissing Thursday night when Minnesota’s Democratic Gov. Mark Dayton announced that his state’s government would shut down as a result of a failure to reach a compromise with Republican legislators on how to deal with the state’s $5 billion budget deficit. (more)

Posted on Jul 1, 2011 READ MORE



Flickr / MnGyver

Take the U.S. Inequality Quiz

Think you have the dirt on inequality in America? Jeffrey Rudolph, a college accounting professor in Montreal, has crafted an extensive quiz stocked full of hard facts and figures from a range of authoritative sources that cuts through the myth and lies thrown up by America’s leading misinformers. (more)

Posted on Jun 28, 2011 READ MORE



Flickr / Funky Tee

It’s a Good Time to Be a Corporation

With the American corporations in Standard & Poor’s 500-stock index holding a record $960 billion in hard cash and taxes on corporate profits the lowest they have been since the 1950s, the Obama administration appears ready to give them even more in the way of economic breaks. (more)

Posted on Jun 16, 2011 READ MORE



whitehouse.gov

Obama: Tax-Cut Deal Helps the Middle Class

In Internet-ese, one possible response to a couple of President Obama’s more intriguing justifications on Friday for the passing of the contentious tax-cut bill might be O RLY? This is because the president declared later that same day ...

Posted on Dec 17, 2010 READ MORE


Bill Clinton
AP / David J. Phillip

Clinton Trotted Out to Back Tax Deal

Former President Bill Clinton, the Democrat who brought you such miracles as welfare reform, NAFTA and “don’t ask, don’t tell,”  has jumped into the fray over the tax cut deal, adding his support to the compromise worked out by President Obama with the Republicans. “I don’t believe there is a better deal out there,” Clinton said.

Posted on Dec 11, 2010 READ MORE



Flickr / Kalavinka

IRS Unit Aims at Deep Pockets

An Internal Revenue Service unit is being developed to catch wealthy tax cheats who find ways to hide their assets in different businesses and accounts. The new unit reportedly has hired hundreds of employees to combat international tax evasion.

Posted on Dec 12, 2009 READ MORE



wikimedia.org

The Rich? They Get Elected

A day after it was announced that the U.S. unemployment rate had hit the double-digit mark, a report was released showing that nearly half of the members of Congress are millionaires, seriously questioning the notion that our lawmakers identify with “we the people.”

Posted on Nov 7, 2009 READ MORE


Who Would Jesus Tax
From ThinkProgress

Conservatives Seek to Extend Tax Breaks for Rich

House and Senate conservatives have agreed to spend $70 billion to extend the 15% tax rate on capital gains and dividends until 2010.

Posted on May 9, 2006 READ MORE


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