Thom's blog - Thursday November 11th, 2010

You need to know this about the Bush tax cuts. The millionaires and billionaires win again – it looks like President Obama is ready to give in to Republicans and extend all the Bush tax cuts. In an interview with the HuffingtonPost – Obama’s top White House advisor David Axelrod hinted that the only way middle class tax cuts can be extended – is by increasing the wealthy ones as well. This is the first time a senior official in the administration has gone on the record saying the President is willing to consider extending tax cuts for the rich. For some reason President Obama continues to believe a policy that benefits 2% percent of the population at the expense of 98% is "bipartisan." With a majority of the country supporting letting tax cuts for millionaires expire – it seemed this was a battle Democrats could win. I guess not – surprised?


Kate Anne's picture
Kate Anne 13 years 31 weeks ago

A Tax cut for ALL!...

Nicole Sandler of Radio Or Not has been preaching this differently. What happened, Thom? You are forgetting that EVERYONE benefits from the so-called Middle Class tax cut. EVEN the millionaires and billionaires benefit -- but only on their FIRST $250,000 -- That is the meme we should be using. It is a tax cut that benefits everyone and preserves the economy: a win-win!!

Tonyharrell's picture
Tonyharrell 13 years 31 weeks ago

Just checking in ... anyone there?

Thom's Blog Is On the Move

Hello All

Thom's blog in this space and moving to a new home.

Please follow us across to - this will be the only place going forward to read Thom's blog posts and articles.

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
From The Thom Hartmann Reader:
"Thom Hartmann seeks out interesting subjects from such disparate outposts of curiosity that you have to wonder whether or not he uncovered them or they selected him."
Leonardo DiCaprio, actor, producer, and environmental activist
From Unequal Protection, 2nd Edition:
"Hartmann combines a remarkable piece of historical research with a brilliant literary style to tell the grand story of corporate corruption and its consequences for society with the force and readability of a great novel."
David C. Korten, author of When Corporations Rule the World and Agenda for A New Economy