Here's the evidence. Since the 1960s corporate profits are at an all time high; wages are at an all time low; corporate taxes are at an all time low; and personal taxes are close to an all time low. RECAP: Corporations are swimming in money, while wages are at rock bottom. And taxes are so low that our country struggles to pay our bills. GOP SOLUTION: Why, of course their economic fix is ...
The Republicans' Super Committee Plan offers a whopping 0.5% in new taxes to help balance our federal budget! Wow ... 1/2 of one percent. (See tiny sliver marked "Tax revenue" on the Republican proposal.) Oh, and yeah ... take a look at WHICH party has a larger debt reduction plan? Hmmm, there's $1.06 Trillion MORE debt cutting in the Democrats' proposal than in the "fiscally responsible ...
Concentrated wealth in the hands of the few not only skews the economy and produces inequality, but it also undermines our democracy. This concentrated wealth leads to overwhelming political power by influencing elections, setting legislative priorities, and pressing for judicial ruleings that favor corporations and the already wealthy. And all this concentrated political power by the few leads ...
THIS GRAPH DOES SAY IT ALL! The 1% has chipped away at any semblance of economic fairness in our country by buying our government, lock-stock-and-barrel. Campaign donations get the upper-class exactly what they want: the repeal of regulations that kept our economy not only fair, but humming along in a healthy way for more than half a century, and a tax code that gives them all the benefits in o ...