Huffington Post: Pay Up, Corporate Tax Dodgers
by Chuck Collins February 28, 2011 Originally published at OtherWords We’re chumps unless we force Congress to stop tax haven abuse. Instead of cutting state and federal budgets, the United States should crack down on the corporate tax dodgers thumbing their noses at us. Across the nation, states are making deep cuts that will wreck [...]
Gerald Scorse: Robbing Uncle Sam of Retirement Taxes
Baltimore Sun, 2/14/11 by Gerald E. Scorse The IRA charitable deduction is a siphoning away of public revenue to private charity. Tax-deferred retirement accounts were created under a law passed by Congress in 1974. They strike a bargain between taxpayers and the Treasury: money in the accounts grows tax-free, but taxable withdrawals must be taken yearly [...]
Mitchell Gold: New Year’s Resolution-End greed, invest in a healthy economy
Originally posted on Augusta Free Press, Jan. 7, 2011 As a business owner who has created hundreds of jobs over the past two decades, I understand economic policies that build sustainable growth. Yet the billions in tax cuts for the wealthy just signed into law compromise our shared future. The promise of “trickle down” economics [...]
Gordon Stewart: Fear ‘redistribution of wealth’?
Fear ‘redistribution of wealth’? Don’t look now by Gordon Stewart Posted on Minnesota Public Radio News, Dec. 14, 2010 Those who own the language rule the world. Words can ignite the spark of hope; they can also light the fires of fear. Take, for instance, the phrases “redistribution of wealth” and “class warfare.” The visceral [...]
Chuck Collins: Obama Tax Deal Further Concentrates Wealth and Power: Stop the Death Spiral to Plutocracy
by Chuck Collins Originally posted at Common Dreams, December 9, 2010 In 2010, an essential moral test of a public policy choice is: Does it further concentrate wealth and power in the hands of a few? Or does it disperse concentrated wealth and power and strengthen possibilities for a democratic society with greater equality, improved health [...]
Howard Brick: Reinstate the estate tax
by Howard Brick Published by MetroWest Daily News, Dec. 7, 2010 When I consider my generation’s legacy, I would like us to leave our children a healthy society with ample economic opportunity and not burdened by crushing levels of public debt. I believe a robust estate tax to help pay the bills is an essential [...]
todayshow.com: Some millionaires say, ‘Tax Me, please!’
Posted on todayshow.com, Dec. 9, 2010 By Martin Wolk, msnbc.com’s business editor While Republicans are trading high-fives in Washington over a deal that would preserve tax cuts for even the very wealthiest Americans, not all the nation’s millionaires and billionaires are cheering. Certainly plenty of upscale earners on Wall Street and elsewhere are quietly celebrating the promised extension [...]
YES: “Let Our Tax Cuts Go”
Why some wealthy Americans aren’t happy to see their tax cuts continued by Chuck Collins YES Magazine, Dec. 8, 2010 In a compromise with Republican lawmakers, President Obama agreed to extend Bush-era tax cuts for wealthy Americans for another two years—breaking his 2008 campaign promise to repeal them. In return, Republicans agreed to extend unemployment [...]
Huffington Post: A $700 Billion Dilemma
Borrowing during hard times and making smart investments could boost future productivity and create good jobs. By Chuck Collins Originally published by Other Words How would you spend $700 billion? Congress has to decide this month. One simple solution would be for Congress to extend the Bush-era tax cuts for households with incomes over $250,000 [...]
Business First: Some biz owners ask their taxes be hiked
By Kent Hoover Business First (Columbus), December 3, 2010 Also in Pittsburgh Business Times, Phoenix Business Journal, Boston Business Journal, Buffalo Business First, Business Journal (Tampa Bay) and other American City Business Journals Most business groups support extending tax cuts for wealthy Americans, but some businesspeople contend the economy would benefit from letting these tax [...]