Tag Archives: Taxes

TED: Stephanie Kelton: ‘The Big Myth of Government Deficits’

Source:TED– economist Stephanie Kelton. Source:The New Democrat “Government deficits have gotten a bad rap, says economist Stephanie Kelton. In this groundbreaking talk, she makes the case to stop looking at government spending as a path towards frightening piles of debt, … Continue reading

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CBPP: ‘Policy Basics: Where Do Federal Tax Revenues Come From?’

“The three main sources of federal tax revenue are individual income taxes, payroll taxes, and corporate income taxes. Other sources of tax revenue include excise taxes, the estate tax, and other taxes and fees.” From the Center on Budget & Policy … Continue reading

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Ron Paul Liberty Report: Chris Rossini: ‘Who Pays For All The Government Free Stuff?’

Source:The New Democrat  “Benjamin Franklin said that: “When the people find that they can vote themselves money that will herald the end of the republic.” How prescient and true. Once theft and redistribution by government is considered acceptable, the downward … Continue reading

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Tom Mullen: ‘Words and Phrases To Avoid April 15’

“We hear a lot about words and phrases we should or shouldn’t use these days, politics having crept into virtually every area of our lives. At the risk of promoting even more political correctness, here are some terms that can … Continue reading

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Dandelion Salad: Ellen Brown: ‘Funding A U.S. Green Deal Without Raising Taxes’

“As alarm bells sound over the advancing destruction of the environment, a variety of Green New Deal proposals have appeared in the US and Europe, along with some interesting academic debates about how to fund them. Monetary policy, normally relegated … Continue reading

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The Washington Post: Brian Lamb: ‘Washington is Full of Waste and C-SPAN Lets Us Wallow In It’

. Source:The New Democrat  “The Cable-Satellite Public Affairs Network (C-SPAN) broadcast from the House of Representatives for the first time in March 1979, uncovering a process shrouded in secrecy. C-SPAN founder Brian Lamb says how Americans use that transparency is … Continue reading

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The Atlantic: Adam Harris: ‘What’s The Deal With Free College?’

Source:The New Democrat  From Adam Harris: “Every day now, it seems, another Democratic candidate announces his or her 2020 presidential run. Among the most popular ideas these hopefuls campaign for is a tuition-free secondary education. A free-college proposal has practically … Continue reading

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Bernard Goldberg: ‘We Love Free Stuff- As Long As Someone Else Is Paying For It’

Source:The New Democrat  “It’s become Democratic Party orthodoxy, at least if you’re a progressive running for president: First, you righteously demand that the richest Americans pay their “fair share” which is a top tax rate of at least 70 percent. … Continue reading

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The Daily Beast: Michael Tomasky: ‘A 70% Percent Tax Rate Isn’t Radical- Alexandria O. Cortez Has It Just Right’

Source:The New Democrat What Michael Tomasky failed to mention here ( and perhaps intentionally ) is that back in the 1950s and 70s when we had high tax rates of 70 and 91%, no one especially the rich were actually … Continue reading

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Andy Hailey: ‘How We Got Into The DJT Political Swamp: It Has Little To Do With Russia’

“In 1970, income and wealth inequality were at historical lows. The income tax tables had over 25 brackets with the top marginal rate of 74%. Campaign funding was limited to the presidential campaigns and lobbyists were few and far between. … Continue reading

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