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Human need before corporate greed! U.S. Income Equality Trails Iran, Mongolia, and Lithuania, PBS News-hour, September 29, 2011. A useful — and interactive — online info-graphic. Last year, according to the Internal Revenue Service, the 400 richest Americans paid only 17 percent. That’s because so much of their income is classified as capital gains – which, now at 15 percent, creates a loophole large enough for the [...] by Robert Reich Anyone who characterizes the deal between the President and Republican leaders as a victory for the American people over partisanship understands neither economics nor politics. The deal does not raise taxes on America’s wealthy and most fortunate — who are now taking home a larger share of total income and wealth, and whose tax rates are already lower than they have been, in eighty [...] The state funds that pay pension and health-care benefits to retired teachers, corrections officers and millions of other public workers faced a cumulative shortfall of at least $1.26 trillion at the end of fiscal 2009, according to a new report. The study, to be released Tuesday by the Pew Center on the States, found that the pension and health-care funding gap increased by 26 percent over the [...] Pimco That adorable skunk, Pepé Le Pew, is one of my wife Sue’s favourite cartoon characters. There’s something affable, even romantic about him as he seeks to woo his female companions with a French accent and promises of a skunk bungalow and bedrooms full of little Pepés in future years. It’s easy to love a skunk – but only on the silver screen, and if in [...] By Fareed Zakaria I am an American, not by accident of birth but by choice. I voted with my feet and became an American because I love this country and think it is exceptional. But when I look at the world today and the strong winds of technological change and global [...] |
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