Eliminating Corporate Income Tax

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Tuesday January 03, 2012 · 12:20 PM PST

2012/01/03 · 12:20

Before that title gets you screaming in the comments please hear me out. I agree that under the current income tax system there are way too many loopholes and the biggest businesses don't pay nearly what they should. While closing loopholes and collecting more taxes would be great the money probably wouldn't be put to much use. Republicans will almost certainly demand that the revenue be used at best to lower state budget deficits and at worst to fund further tax breaks for the rich. Either way that money doesn't do much of anything for the average worker. I think I have a way to close those loopholes and keep everyone happy. It won't be ideal but this is one of a couple of policy proposals that I want to throw out there that I think could actually pass even in today's congress.

moony

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Wednesday June 15, 2011 · 11:00 AM PDT

2011/06/15 · 11:00

So first diary, here we go. Please forgive the poor writing I'm an engineering major but there's always hope I'll figure it out. I am currently reading Aftershock by Robert Reich, and one of the ideas he briefly expresses early on got me thinking. The precise sentence was

"Being rich now means having enough money that you don't have to encounter anyone who isn't"

He says this as a contrast to wealthy people before the great depression, but as I read it I thought more about the effect of this isolation on the children of wealthy adults. Read More

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Eliminating Corporate Income Tax

Understanding Poverty