Road taxes. To the caller who complained that bicyclists don't pay their fair share of road taxes: Most bicyclists also have cars, so they're already paying their fair share. Unfair share. It's simply wrong to say that the rich pay their fair share of taxes: They get so many loopholes that it's true: They don't pay their fair share of taxes.
It's to be hoped that Michael Bloomberg didn't just cave. That he really weighed every pro and con about whether taxes should be raised on "the rich." And decided they should be. Kind of impressive when you think of it. Because the rich include him.
...But not end. He'd close some cherished loopholes of the rich, too, such as farm and energy subsidie...
This monograph is a case study of newspaper competition in New Hampshire between the province's official newspaper and an upstart Whig challenger in the period marked by contention over the Stamp Act (1765-1766) and over the tight oligarchical reign of the Wentworth family. The case study is grounded in the civic republican tradition articulated by Bernard Bailyn and Gordon Wood as well as the revisionist scholarship since the 1960s that takes the role of the "little people" seriously. It maintains that the competition between the two newspapers contributed to, and opened up, the public spaces in Portsmouth, New Hampshire, to a wider compass than might have been predicted if one follows the standard Habermasian argument for the develop of a bourgeois public sphere. In part, these more d...
... able to create political cultures from a rich array of available ideological source material, in..., the excise proposal sought to remedy loopholes in existing laws that enabled the rich to escape t...
CONVENTIONAL wisdom holds that the congressional super-committee established by the debt-ceiling deal to propose further deficit reduction will go nowhere. I'm not so sure. There is a grand compromise to be had. It does, however, require precise sequencing. To succeed it must proceed in three stages. First, tax reform. True tax reform that removes loopholes while lowering tax rates is the Holy Grail of social policy. It appeals equally to left and right because, almost uniquely, it promotes both economic efficiency and fairness. Economic efficiency - because it removes tax dodges that distort capital flows (and thereby diminish productivity) while cutting marginal tax rates (thereby spurring growth). Fairness - because a corrupted tax code with myriad breaks grants deeply unfair advanta...
It's the economy, stupid." That slogan, featured in Bill Clinton's 1992 presidential campaign, resonates today even in military circles. "The single greatest threat to our national security is our debt," declared Admiral Mike Mullen, chairman of the Joint Chiefs of Staff. Ironically, the United States still leads every other nation in producing goods and services. But with an economy staggering under massive military budgets, its industries fleeing to foreign countries and its wealth heavily concentrated in the super rich, we have a country heading toward financial catastrophe: a $14.3 trillion government debt compounded yearly by $400 billion in interest, and a $497 billion trade deficit in 2010 alone.
... the corporate giants benefiting from loopholes and government subsidies while paying zero taxes....
The present standoff in the nation's Capitol between President Barack Obama and Republicans highlights the impracticability of reaching a balanced budget during this session of Congress. The nation has the wherewithal to balance its accounts, but the roadblocks must be removed, which calls for the election of a different congressional House in 2012. In the 2010 national elections, all Republican House members signed a pledge not to increase taxes in any form, a pledge that made continued huge deficits a certainty. For the first time, refusal to raise the debt limit has become a partisan issue.
...The commission recognized that tax loopholes reduce the annual inflow of money to the U.S. Tre... all loopholes, most of which favor the very rich. This would give the country the necessary additio...
Thank goodness for Republican extremism. The GOP refusal to budge even one millimeter on taxes for the rich will likely save President Obama from himself. He foolishly had agreed to cut Social Security and Medicare in exchange for increased taxes on corporations and the wealthiest, but Republicans rejected that proposal, even though they've wanted those safety net cuts for years.
...Tax loopholes and corporate welfare remain untouchable shrines t...
WASHINGTON - Congress is working on dual tracks and racing against the clock to raise the nation's debt ceiling while President Barack Obama appeals directly to the public in hopes of influencing a deficit reduction deal that failed to materialize during talks he led at the White House. We have to ask everyone to play their part because we are all part of the same country," Obama said Saturday, as he pushed for a package of spending cuts and tax increases that has met stiff resistance from Republicans. "We are all in this together.
... additional revenue from closing tax loopholes, restricting the value of deductions for the rich,...
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