"Roll Back the Reagan Tax Cuts" Thom Hartmann

[handmade34]

“...You Americans are such suckers,” he said. “You think that the rules for taxes that apply to rich people also apply to working people, but they don’t. When working peoples’ taxes go up, their pay goes up. When their taxes go down, their pay goes down. It may take a year or two or three to all even out, but it always works this way—look at any country in Europe. And that rule on taxes is the opposite of how it works for rich people!”
My Danish guest was right. So before we get into the larger consequences of tax increases or tax cuts for the nation’s economic health, let’s parse this business about what tax increases or cuts mean for the rich and for the not-so-rich..."


http://www.truth-out.org/roll-back-reagan-tax-cuts65332

[BrklynLiberal]

1. Thom Hartmann....Love that man!!

[dana_b]

4. yes!

my favorite radio show and he is a really good writer too. He's just so damn smart!!

[upi402]

2. Thom is the 2x4 of truth!

Yes, that and the 'I-hate-America' trade laws. He's on it like a pogo stick. Love it!

[Dappleganger]

7. +100000

[Hawkowl]

3. Obama does not believe this

Obama is firmly rooted in the Chicago school of Economics, with its free trade, free market, let the banksters rule dogma. That is why he has not forcefully come out for raising taxes on the rich--during war time no less!

[laughingliberal]

5. Yes & he's quite obstinate in his belief in that failed economic theory. Then again, he's surrounded

...by those who benefit from it.

[laughingliberal]

6. Thanks, Thom. nt

[handmade34]

9. Thom Hartmann is always

worth reading (and/or listening to)

[Celtic Raven]

8. Too late to rec

so I'm kicking it.

:kick: