Saturday, May 28, 2011

Saturday, May 28, 2011

"The Crisis Enters Year Five":
"Yet the tax burdens of US corporations and the richest citizens (what they actually pay) are significantly lower than in most other advanced industrial economies. Indeed, they are far lower than they were inside the US a few years ago. In the mid-1940s, the corporate income tax brought Washington 50% more than the individual income tax. Today, the corporate income tax brings the federal government 25% of what is taken from individuals. In the 1950s and 1960s, the top individual income tax rate in the United States (the rate paid by the richest citizens on all their income over about $100,000) was 91%. Today that rate is 35%, a staggering cut in the taxes on the richest Americans, far larger than the cuts in anyone else's tax rates. Half or more of today's federal deficits would be gone if we simply taxed the richest US citizens at the rates in effect in the 1950s and 1960s. If we also taxed corporations in relation to individuals as we did in the 1940s, the entire deficit would vanish.

In summary, shifting the burden of federal taxation from corporations to individuals and from the richest individuals to the rest of us contributed to massive deficits and debts. Instead of correcting and reversing that unjust shift, Republicans and Democrats plan instead to deal with deficits and debts by cutting Medicaid and Medicare and threatening Social Security."
Sensible taxation policy and an end to fighting Wars For The Jews and the USA is a first-world country again.

"Rahm Emanuel"

"Alleged synagogue bomber loses bid to delay extradition ruling"  The judge had lots of time to give the prosecution a do-over after it completely fucked up its original case, but now is inexplicably - well, we could guess why - in a big hurry.

"Rep. Eric Cantor’s Racist and Dehumanizing AIPAC Comments"  More of the standard Jewish racist supremacism.

"Maryland Passes Bill Requiring French Train Company to Disclose Its Holocaust History"  The Jew-control over American politics is completely out of control, though I'd like to see the law forcing American corporations to make similar disclosures.  I wonder what Maryland taxpayers will think once they have to start paying more on tendered contracts because the number of bidders has been reduced for such a peculiar reason.
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