It’s tax time again, and again America’s richest financiers are breaking out the bubbly. Why? Because they pay less than you do!
The top hedge fund earners — who personally rake in billions (not millions) of dollars per year — can toast to the fact that they’re not living under that great radical president, Dwight David Eisenhower, when the top income tax rate was 91 percent, or under [...]
At last, the first signs that politicians are heeding popular anger at the austerity measures imposed to pay for bankers’ greed.
When the current economic crisis hit, the Obama campaign blew away Bush and McCain by promising hope, change and a solution that would overcome this crisis and prevent future crises. Likewise, some governments in Europe came to power based on public fear reacting to the global meltdown. [...]