Income Security for the 1%.

By: Wednesday April 10, 2013 11:40 am

The 2014 Budget does not go far enough to tax the 1%.

“Mr. Obama would raise an estimated $580 billion in new revenues over a decade mainly through two ways. For the fifth time he is proposing that affluent taxpayers in higher tax brackets must limit their deductions to the 28 percent rate; while Congress has annually ignored that idea, there are signs of growing support as lawmakers seek new ways to reduce deficits. The second change would impose his so-called Buffett Rule, requiring that people with annual taxable income above $1 million pay at least 30 percent in income taxes.”—-NYTimes.

 

A Fool and His Money

By: Thursday December 13, 2012 8:00 pm

One of the deepest divides in our alarmingly escalating Class War is one of mutual misunderstanding between the two sides about what money is for: The Job Creators can’t comprehend why the Lower Orders should have such fripperies as food, housing, and medical care (or worse, cell phones and TV’s), while those being steadily ground into mush under their well-shod heels can’t understand why people with enough money to buy their own states don’t at least buy states where the weather is better.

Late Night FDL: The Struggles I’ve Seen

By: Thursday April 12, 2012 8:00 pm

For Republicans and the media who coddle them, nothing is more painful and likely to induce mass fainting spells than the truth, and the faux “controversy” over Hilary Rosen’s disparaging comments about Ann Romney’s idle life in the lap of luxury is a perfect example of this drearily familiar phenomenon. The fact is, Ann Romney hasn’t worked a day in her life, at a time when even well-off women with children often do so, if not out of economic necessity, out of sheer boredom.

1% Is A State Of Mind

By: Friday November 11, 2011 6:01 pm

Not everyone in the 1% is a greedy selfish bastard. But the ones that are, really really are.

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