Amazing but true: One of the best ideas to pay for Build Back Better came from Senator Joe Manchin (D-WV). Yes, Manchin is a big reason that president Biden’s landmark bill is taking forever to get through Congress. Yes, Manchin personally vetoed a tax on billionaires that passed muster with everybody except, well, billionaires. “I […]
The post Manchin’s better way to pay for Build Back Better first appeared on Dissident Voice.
The bad news is that taxes in America are tilted in favor of the rich. The best news is that we could be only weeks away from a tilt in favor of the middle class: the reforms President Biden is urging to help balance the Administration’s $3.5 trillion budget bill. The changes won’t be going […]
The post Biden: Tilt Taxes to the Middle Class first appeared on Dissident Voice.
Over 30 years ago, a real estate bigwig in Manhattan (no, not him) was convicted of tax evasion. Her name was Leona Helmsley, the famous Queen of Mean. Even more famous, lasting approximately forever, were six words she let slip: “Only the little people pay taxes.” The words are far from true—the big people have […]
The post When the Rich Don’t Pay, the Rest of Us Do first appeared on Dissident Voice.
Conservatives have every reason to love Ronald Reagan. He cut taxes hugely on high incomes. Once a union leader, he became a ruthless union-buster. He warred endlessly against welfare. But the darling of the Right made one sharp Left. His landmark Tax Reform Act of 1986 called for equal taxes on income from wealth and […]
The post Democrats Could Revive a Reagan Tax Reform first appeared on Dissident Voice.
Tweeter-in-chief Donald Trump constantly bashes “do nothing Democrats.” In fact, it’s Mopey Mitch McConnell who’s the do nothing man, refusing to act on nearly 400 bills passed by Pelosi’s House.
The central argument of Amusing Ourselves [Neil Postman] is simple: there were two landmark dystopian novels written by brilliant British cultural critics – Brave New World by Aldous Huxley and Nineteen Eighty-Four by George Orwell – and we Americans had mistakenly feared and obsessed over the vision portrayed in the latter book (an information-censoring, movement-restricting, individuality-emaciating state) rather than the former (a technology-se
Characterizations of the Tax Cuts and Jobs Act have followed agendas – its opponents maintaining it is a bill for the wealthy, and its supporters arguing that the bill fairly satisfies all economic levels.
It’s no secret that the federal government needs more revenue going forward. Congress could put the Treasury on autopilot to raise billions (and ultimately tens of billions) year after year.
The challenge by progressives to Democratic party leaders for November’s midterms—and the 2020 presidential election—is to tone down the anti-Trump focus and play up domestic planks as did the Great Depression’s president Franklin D. Roosevelt (“FDR”) to solve the nation’s critical domestic needs. Campaigners do not want to waste time and energies in yet another party defeat because the party continues to abandon the interests of millions once under its “big tent” in catering to the interests of banks, big business, and the rich.
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Donald Trump was elected president by successfully fuzzing the political tension between economic concerns and cultural factors. His core constituency is broadly conceived as disaffected white working-class men, 40-plus years old, with less than a college degree, self-identifying as evangelical Christians and Republican voters. He promised – and spent his first year in office — successfully convincing his base of support that he would “make America great again.” Recent polls make clear that some of these supports are losing faith in him.
