In Wednesday's debate Mitt Romney repeated his claim that cutting individual and corporate income taxes creates jobs. But when you look at what actually happened, the periods when we had the highest tax rates were the periods we had the greatest job and economic growth. And the periods with lower taxes had lower job and economic growth. (And we all know what happened in the Bush years...) more »
Republicans have been holding to a no-tax pledge for decades as a strategy to undermine government. But more and more people are noticing that our schools, roads, police and fire departments, bridges, courts, food-safety system -- and everything else non-military that our government does -- are starting to fall apart. more »
The Bush tax cuts expire at the end of the year. For more than 30 years the public has been told that low taxes promote economic growth and jobs, and now we have low taxes, low economic growth and a no job growth. Oh,, and really, really high deficits from the revenue shortfall. The 1%ers, of course, want to extend their tax cuts. more »
As much as conservatives want to pretend otherwise, you can't have strong, healthy, prospering businesses without a big, strong government. The kinds of businesses that don't want a big, strong government are exactly the kinds of businesses that We, the People don't want.
Government Provides The Soil For Businesses To Thrive
Over two years ago, the IRS announced an ambitious new effort to subject the super rich to unprecedentedly intensive audits. How's that effort working out? Most lawmakers would rather you not ask.
River City faces a terrible deficit, and if we don't cut spending on the things We, the People do for each other right now, there will be trouble. We gotta do some austerity! We gotta eat that seed corn. We gotta stop taxing the 1% and stop paying for things the 99% need! more »
Every progressive should know about the Congressional Progressive Caucus's "Budget for All." In fact, every American should know about this budget. But the corporate news media sure isn't going to tell people. So you should help get the word out. more »
The new Republican budget (called the "Ryan Budget" by DC insiders) reflects current electoral reality: billionaires and corporations now finance candidates, and we get government of, by and for billionaires and corporations. The rest of us no longer matter, except as "the help" and, at least to the extent we haven't been entirely fleeced, a flock to harvest. more »
Conservatives and plutocrats claim that cutting taxes makes the economy grow. But after 'W' cut taxes, the economy didn't grow. And after Clinton raised taxes on the rich the economy grew a lot. Maybe - just maybe - having a government that is funded and functioning helps the economy grow more than handing over a bunch of cash to the rich does. Go figure. more »
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