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Posts Tagged ‘income’

The debate about cutting taxes for corporations and the wealthy is largely a pretense. The issue is not whether multinational corporations, bankers and the very rich benefit from tax cuts. The majority of multinational firms walk away from all taxes. A General Accounting Office report revealed that between 1996 and 2000, 61 percent of all [...]

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“The percentage of poor Americans who are living in severe poverty has reached a 32-year high, millions of working Americans are falling closer to the poverty line and the gulf between the nation’s “haves” and “have-nots” continues to widen.“
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“The share of poor Americans in deep poverty has climbed slowly but steadily over the [...]

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Hillary Clinton: Impeach Resident Evil?
Hillary Clinton has flown perhaps the largest trial balloon of her electoral career. Ms. Clinton recently stated that she was “willing to have workers’ wages garnisheed if they refuse to buy health insurance to achieve coverage for all Americans”.Ms. Clinton had not been forthcoming with the enforcement measures she recommends, but [...]

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The non-descript and unmarked global administrative headquarters of Deloitte Shared Services

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On every $1 billion that the Federal Reserve receives in bonds from the government, the Federal Reserve Bank is legally allowed to create another $15 billion in new credit to lend to states, municipalities, businesses, and individuals or to give away overseas, to charity or the Iraq War. Added to the original $1 billion [...]

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