Tea Party Protesters Give a Big Wet Kiss to Hedge Fund Managers

Even though there are Tea Party protests about high taxes, a USA Today analysis of federal data shows that Americans paid the lowest level of taxes last year since the Harry Truman’s presidency. Federal, state, local, property, sales, and other taxes are 9.2% of all personal income in 2009, the lowest rate since 1950. This is also true of multimillionaires and billionaires, who pay a maximum 35 percent income tax on salaries and not a penny in Social Security taxes on the vast majority of their income. And when, like hedge fund managers, banksters, and health insurance company CEOs often do, they can call their income dividends and capital gains and pay a maximum 15 percent income tax. So billionaires pay 15 percent income tax and virtually no Social Security tax, and they are doing everything they can to keep it that way, funding entire think tanks and PR machines and Tea Parties to keep the anti-tax waters boiling. They're scared to death that anybody may remember that from the 1930s to the 1980s the top income tax rate was between 74 and 91 percent - a level only paid by millionaires - which kept CEO salaries reasonable and built the strongest middle class the world had ever seen. Now, with those top tax rates down to 15 percent for rich people, the middle class in America is vanishing, while countries like Denmark and Germany that still have 70 percent or higher income tax rates on millionaires have strong, robust, and growing middle classes. Time to roll back the Reagan tax cuts!

Democrats must prepare for the Supreme Court's second try at installing an illegitimate president

Thom plus logo Democrats must prepare for the Supreme Court's second try at installing an illegitimate president The Supreme Court has awesome power, and now that there's a 6-to-3 right-wing majority, they're preparing to use that power like a sledgehammer.

In 2000, they put popular-vote-loser George W. Bush into the White House, and Brett Kavanaugh just signaled to Donald Trump that he's enthusiastic to be part of a second such effort.
From Cracking the Code:
"Thom Hartmann ought to be bronzed. His new book sets off from the same high plane as the last and offers explicit tools and how-to advice that will allow you to see, hear, and feel propaganda when it's directed at you and use the same techniques to refute it. His book would make a deaf-mute a better communicator. I want him on my reading table every day, and if you try one of his books, so will you."
Peter Coyote, actor and author of Sleeping Where I Fall
From Screwed:
"If we are going to live in a Democracy, we need to have a healthy middle class. Thom Hartmann shows us how the ‘cons’ have wronged this country, and tells us what needs to be done to reclaim what it is to be American."
Eric Utne, Founder, Utne magazine
From Screwed:
"Thom Hartmann’s book explains in simple language and with concrete research the details of the Neo-con’s war against the American middle class. It proves what many have intuited and serves to remind us that without a healthy, employed, and vital middle class, America is no more than the richest Third World country on the planet."
Peter Coyote, Actor and author of Sleeping Where I Fall