Tag: taxes

My conclusion: Incentives just don’t work.

"This is about politicians catching up to where Americans have been."

In the most extreme form of capitalism taxes do not exist. This is called "anarcho-capitalism." Among all corporations, Amazon may be the leading advocate of this philosophy.

A Center for Public Integrity analysis suggests the timing of big donations may be more than a coincidence.

The total amount of tax would be $8.426 trillion. At present, the federal government spends $4.407 trillion annually. The wealth tax would be nearly twice as large.

"When hugely profitable corporations avoid tax, that means smaller businesses and working families must make up the difference."

They have forced onto the nation’s political center stage initiatives for shearing the ultra rich down to democratic size that no major elected leader in America would have dared propose only a year ago.

If they really want to "improve the state of the world," they should be using all their lobbyists and lawyers to make sure their tax money is supporting a cooperative national effort to protect the environment for their great-grandchildren and to remain competitive in the technologies of the future.

"At a time of record inequality, the very last thing we should do is line the pockets of the rich."

“The American public shouldn’t be subsidizing Big Pharma’s ads which is why my legislation would close this egregious loophole.”