April Morning Essay Notes - Specialist's opinion

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camera captured frustrated BradyBuy this book at: Preorder the Trade Paperback: The only way America can reduce the long-term budget deficit, maintain vital services, protect Social Security and Medicare, invest here in education and infrastructure, and not raise taxes on the working middle class is by raising taxes on the super rich.

Yet, remarkably, tax rates on the top have plummeted. From the s untilthe top tax income tax rate on the highest earners in America was at least 70 percent.

In the s, it was 91 percent. Even if you include deductions and credits, the rich are now paying a far lower share of their incomes in taxes than at any time since World War II. The estate tax which only hits the top 2 percent has also been slashed.

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Capital gains — comprising most of the income of the super-rich — were taxed at 35 percent in the late s. And with a single payer health-care system — Medicare for all — instead of a gaggle of for-profit providers, the nation could save billions more.

Yes, the rich will find ways to avoid paying more taxes courtesy of clever accountants and tax attorneys. But this has always been the case regardless of where the tax rate is set.

And yes, some of the super rich will move their money to the Cayman Islands and other tax shelters. But paying taxes is a central obligation of citizenship, and those who take their money abroad in an effort to avoid paying American taxes should lose their American citizenship.

April Morning Essay Notes Parsons who

Only if we let them. Most Americans are on the receiving end. By now they know trickle-down economics is a lie.

This is the last Morning Jolt of ! I hope your year was full of joy and success, and that any frustrations, setbacks, and any tragedies were bearable. It’s tax time. It’s also a time when right-wing Republicans are setting the agenda for massive spending cuts that will hurt most Americans. Notes of a Native Son is a non-fiction book by James Baldwin. It was his first non-fiction book, and was published in The volume collects ten of Baldwin's. Read the Latest and Breaking IT and Technology News, Reviews, Analysis & Opinion for Australian IT managers and professionals. Watch the latest Featured Videos on cocktail24.info View more videos on CBS News, featuring the latest in-depth coverage from our news team.

And they sense the dice are loaded in favor of the multi-millionaires and billionaires, and their corporations, now paying a relative pittance in taxes. The President has the bully pulpit. But will he use it? Tumblr users who liked this: Click for Town Square Videos.