I hate to burst your bubble but Donald Trump, number 153 of the Forbes 400 richest Americans* did not earn his wealth. He acquired it the old-fashioned way: he was born rich.
Donald Trump inherited his wealth from his father, Fred, same as the Koch brothers. But unlike Fed Koch (the war-profiteer and John Birch society founder), Fred Trump was a real-estate tycoon.
Here in Orange County, CA our great watchdogs Move On.org, 100 strong staged a protest outside a Bank of America branch on Monday. They were protesting BofA paying no income tax, forgetting along the way that the bank LOST over 2 billion dollars last year! Now I'm not a CPA but even I know that before Jimmy Carter, should a corporation lose money during the fiscal year they would be subject to NO income tax. Not to mention BofA paid over 2 billion in payroll taxes, SS contributions, etc...
What is the rational for the democratic/progressive belief that the rich should pay more with respect to taxes? I think they should because they owe the most to the country because they are successful but I’m having a hard time articulating this to my conservative friends. Can anyone elaborate for me
Republicans are always on the wrong side of history.
When a new age dawns to them has always been mystery.
Invest in the country and the people, not in the banks.
Obama's Environmental Contempt Pours Out - Schneiderman To Feds: Commit To Fracking Study Or I'll Sue
Albany, NY (WBNG Binghamton) Attorney General Eric T.
Weeks after he was sworn in as governor of Maine, Paul LePage, a tea party favorite, announced a 63-point plan to cut environmental regulations, including opening 3 million acres of the North Woods for development and suspending a law meant to monitor toxic chemicals that could be found in children's products. http://www.telegram.com/article/20110416/NEWS/110419741/1160
Congress' compromise budget to fund the government until October would temporarily halt an Interior Department effort to protect roadless areas in a shock for conservationists who'd fought to retain the three-month-old program.
The US Constitution includes a requirement of republican governments in Article Four, Section Four as copied below. Would this clause prevent the imposition of the Michigan law to allow for unilateral (and therefore not republican) to usurp the local government?
In a previous post I used some information that has since been corrected on the original site, Business Insider due to in depth research into the actual OECD numbers by myself and others. It turns out that the United States spends 16.2% of our GDP on social programs, NOT 7.2%.