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Tag Archives: Reagan
Under Obama: Profits Twice as High as During President Reagan’s Terms, More than Any President Since WWII
Bloomberg: “U.S. corporations’ after-tax profits have grown by 171 percent under Obama, more than under any president since World War II, and are now at their highest level relative to the size of the economy since the government began keeping … Continue reading
Posted in Economy, Government, Presidential Leadership, Taxes
Tagged corporations, economy, Obama, profits, Reagan, tax avoidance
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The Economic Effect of Letting Bush Tax Breaks for the Wealthy Expire
One of the most contentious issues facing the nation is developing a plan to avoid going over the fiscal cliff. Obama desires to let all of the Bush tax cuts expire except for those who make more than $250,000 a … Continue reading
Posted in Economy, Government, Income Distribution, Inequality, Socio-economic Status, Taxes, Wealth
Tagged budget, Bush tax cuts, debt, deficit-reduction, economic growth, economy, employment, fiscal cliff, fiscal policy, GDP, income distribution, inequality, job creation, jobs, marginal tax rates, monetary policy, Reagan, regressive tax cuts, sequestration, socio-economic status, supply side, tax cuts, tax deductions, trickle-down, trickle-down economics
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The Des Moines Register’s Endorsement of Romney Doesn’t Conform to the Facts
The Des Moines Register’s endorsement of Governor Romney is based on the view that the candidate will improve the economy, create new jobs and reduce the deficit. The endorsement also has great expectations for Romney’s ability to bring Democrats and … Continue reading
Posted in Economy, Elections, Government, Income Distribution, Inequality, Presidential Leadership, Taxes
Tagged bipartisanship, budget, Bush tax cuts, debt, deficit-reduction, Des Moines Register, economic growth, economy, elections, endorsement, inequality, job creation, jobs, marginal tax rates, math, monetary policy, Reagan, regressive tax cuts, Romney, Ryan, supply side, tax cuts, tax deductions, trickle-down, trickle-down economics
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One Major Reason the Poor Pay No Federal Income Tax: The Earned Income Tax Credit
Given the interest in “taxes,” “the 47 percent” and “freeloaders who don’t pay taxes” I thought shedding a little more light on the reason why the poor don’t pay federal taxes is in order. One major reason the poor don’t … Continue reading
Posted in Economy, Government, Poverty, Socio-economic Status, Taxes
Tagged 47 percent, EITC, employment, labor force, poor, poverty, Reagan, taxes, welfare
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Reagan and Bush Taught Us Something We’ve Forgotten
“In this life, when you deny someone an apology, you will remember it at time you beg forgiveness.” ― Toba Beta After debunking the myth that Obama is an apologist for America I’ve been thinking about a larger concern associated … Continue reading
Posted in Presidential Leadership
Tagged apology, Bush, courage, ethics, mistakes, morality, patriotism, Reagan, strength, weakness
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Johnston: “9 Things The Rich Don’t Want You To Know About Taxes”
Election seasons are characterized by enormous discussions about taxes. I’m not a tax expert so I find it difficult to know who to believe. In cases like this I tend to rely on authoritative sources who have recognition in the … Continue reading
Posted in Economy, Elections, Income Distribution, Inequality, Presidential Leadership, Taxes, Wealth
Tagged Clinton, economy, inequality, job creation, Obama, Reagan, repatriation, richest 400, tax holiday, tax rates, taxes
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Debt, the GOP, Leadership and Ronald Reagan
The so-called “Super Committee’s” deadline to reach an agreement on spending cuts, tax increases, a combination of both, or just relying on one option is fast approaching. It might be worthwhile to reflect a bit on the evidence demonstrating how … Continue reading
Posted in Economy, Inequality, Presidential Leadership, Taxes
Tagged debt, economy, fiscal crisis, GOP, leadership, Reagan, richest 400, taxes
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