wealthy

Baby, You're A Rich Man
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Baby, You're A Rich Man

His income is ten times the median income in his home state, but Chris Christie insists he's not rich.

Corporate Tax Dodgers

Profitable American companies paid just 12.6 percent of their profits in federal income taxes in 2010 -- well below the 35 percent federal corporate income tax rate, according to a new study by the Government Accountability Office.

Weekly Address: Obama Tells Congress To Compromise To Stop Sequester Impact

In his weekly address, President Obama tells the American people that a series of harmful budget cuts—called the sequester—have taken effect because Congress failed to act. Because Republicans in Congress refused to compromise to close tax loopholes for the wealthiest Americans, hundreds of thousands of Americans will lose their jobs or see their paycheck reduced, and middle class families will be hurt.

Can You Fight Poverty With A Five-Star Hotel?

By Cheryl Strauss Einhorn, Special to ProPublica This story was co-published with Foreign Policy. Accra is a city of choking red dust where almost no rain falls for three months at a time and clothes hung out on a line dry in 15

A Message To Eric Cantor

Congressional Republicans will try anything to keep tax breaks for the top 2% - even threatening to increase taxes for the middle class if they don't get their way. That's why MoveOn member Steve brings us this potent message: Republicans,

Obama: Republican House Blocking Middle-Class Tax Cuts

President Barack Obama said in his weekly address on Saturday urged House Republicans to extend the middle class income tax cuts for 98% of Americans and 97% of small businesses without delay, and made clear that a balanced approach to deficit reduction means that they -- and we all know this means John Boehner -- must agree to ask the wealthiest Americans to pay higher tax rates.

Open Thread

The traditional media keeps telling us that America is headed over the fiscal cliff if Democrats and Republicans can't work out a budget deal. The truth is much more complex than that -- and the American economy isn't going to be destroyed.
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