And this is coming from Bruce Bartlett, a former policy adviser to Ronald Reagan, who by his own account, helped spur the trickle down myth in the first place.
We’ve moved into cult-like territory with these modern day Republicans. Total disregard for reason and blind loyalty to conservative dogma. Bald faced in their agenda to appease the 1%.
The best growth in recent memory came after President Bill Clinton raised taxes in the ’90s.
“It’s in the bosses’ interests to keep your anger directed downward, at the poor people who are just trying to get by, like you, rather than at the rich assholes who consume almost everything we produce and give next to nothing for it.”
Jens Rushing, like so many people, took to Facebook to rant about something. Rushing, a paramedic, wrote an angry post about fast food workers winning a $15/hr wage that has since gone viral. But…
My state, CT, may close the carried interest loophole. It would equal $520 million a year, just in my small state.
The carried interest loophole allows hedge fund managers to shelter their income and pay a lower capital gains rate of 20% on it. It’s time to close the loop hole nationally!