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Richard Wolff On The Injustice Of The American Tax System
Richard Wolff, the speaker in the video, discusses the American tax system, emphasizing its unfairness and the need for reform. He criticizes the current property tax system for unfairly targeting the middle class while exempting stocks and bonds...Richard Wolff, the speaker in the video, discusses the American tax system, emphasizing its unfairness and the need for reform. He criticizes the current property tax system for unfairly targeting the middle class while exempting stocks and bonds... -
Stephanie Kelton: The big myth of government deficits
The pandemic highlighted deficits in the economy and governments took extraordinary actions without raising taxes. The right question is whether things are worth doing. Modern Monetary Theory explains how fiat currency works. [00:13] Covid highli...The pandemic highlighted deficits in the economy and governments took extraordinary actions without raising taxes. The right question is whether things are worth doing. Modern Monetary Theory explains how fiat currency works. [00:13] Covid highli... -
Child Poverty Spiked After Tax Credit Expired Early Research Suggests
After Congress failed to continue the expanded monthly child tax credit payments, child poverty surged by 40% in January 2022. The payments, which provided $300 per child under 6 and $250 per child under 18, were a key part of the American Rescue P...After Congress failed to continue the expanded monthly child tax credit payments, child poverty surged by 40% in January 2022. The payments, which provided $300 per child under 6 and $250 per child under 18, were a key part of the American Rescue P... -
Trumps tax policy gifted 18 Billion dollars to big banks
This is an obvious example of Republican socialism. Using the power of government to transfer wealth from people to big corporations. This is what we must fight. Most of us are victims of this wealth transfer:A Bloomberg analysis revealed that six ...This is an obvious example of Republican socialism. Using the power of government to transfer wealth from people to big corporations. This is what we must fight. Most of us are victims of this wealth transfer:A Bloomberg analysis revealed that six ... -
These 91 Fortune 500 companies did not pay federal taxes in 2018
In 2018, following the implementation of the Tax Cuts and Jobs Act signed by President Trump in December 2017, nearly 100 of the Fortune 500 companies paid effectively no federal corporate income tax, according to a report by the Institute on Taxati...In 2018, following the implementation of the Tax Cuts and Jobs Act signed by President Trump in December 2017, nearly 100 of the Fortune 500 companies paid effectively no federal corporate income tax, according to a report by the Institute on Taxati... -
Extreme Republican ideology does not believe in compassion and altruism
The article "Meet the Hidden Architect Behind America's Racist Economics" focuses on the influence of Nobel laureate James Buchanan in shaping radical right-wing economic policies in the United States. Buchanan, largely unknown outside academic eco...The article "Meet the Hidden Architect Behind America's Racist Economics" focuses on the influence of Nobel laureate James Buchanan in shaping radical right-wing economic policies in the United States. Buchanan, largely unknown outside academic eco... -
Republicans cut taxes for the rich, but want to call services for everyone else
Republican policy is to give a hand out to the rich and then cut entitlements for the middle class and working poor. This is a game that has been played many times over the years. This in reality is socialism for the rich and corporations.ÂRepublican policy is to give a hand out to the rich and then cut entitlements for the middle class and working poor. This is a game that has been played many times over the years. This in reality is socialism for the rich and corporations. -
US had a strong middle class when the wealthy and corporation were taxed fairly The GOP plan crushes the mi...
The U.S. middle class grew after World War II due to economic growth and policies that gave workers more power, but began to decline in the 1980s as the government took the side of business over workers by lowering taxes on corporations and the rich...The U.S. middle class grew after World War II due to economic growth and policies that gave workers more power, but began to decline in the 1980s as the government took the side of business over workers by lowering taxes on corporations and the rich...
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