(Source: blkcowrie, via stfuconservatives)
Congressional Wealth Distribution:
This is a pretty good example of the dangers of wealth inequality, and why people are protesting Wall St and not DC.
(Source: reddit.com)
Liberals Are Cool: Why I Think Obama Will Be A Two Term President →
The one thing that we absolutely know for sure is that if we don’t work even harder than we did in 2008, then we’re going to have a government that tells the American people, ‘you are on your own.’ If you get sick, you’re on your own. If you can’t afford college, you’re on your own. If you…
(Source: realitychex.com)
![pantslessprogressive:
Analysis: Warren Buffett Would Pay As Little As 0.2 Percent Tax Rate Under Rick Perry’s Tax Plan
Since the legendary investor receives most of his income from capital gains and dividends, Perry’s plan wipes out most of his already-low tax bill. Buffett reported $62,855,038 in income on last year’s tax return while receiving only $600,000 in compensation from Berkshire Hathaway and the Washington Post Co. (where he is a director). If, aside from that $600,000, all of his other income is from capital gains and dividends, Buffett’s effective federal income tax rate under the Perry plan would be a microscopic 0.2 percent. Buffett’s tax bill would be slashed from the $6.9 million he actually paid in 2010 to $120,000. (Even if Buffett had two-thirds of his income in the form of capital gains and dividends, the average for the richest 400 people in the country, he’d get a $2.7 million tax cut and pay a 6.8 percent effective rate.) [read more]](http://24.media.tumblr.com/tumblr_ltr31iwrhC1qzr73ro1_500.gif)
Analysis: Warren Buffett Would Pay As Little As 0.2 Percent Tax Rate Under Rick Perry’s Tax Plan
Since the legendary investor receives most of his income from capital gains and dividends, Perry’s plan wipes out most of his already-low tax bill. Buffett reported $62,855,038 in income on last year’s tax return while receiving only $600,000 in compensation from Berkshire Hathaway and the Washington Post Co. (where he is a director). If, aside from that $600,000, all of his other income is from capital gains and dividends, Buffett’s effective federal income tax rate under the Perry plan would be a microscopic 0.2 percent. Buffett’s tax bill would be slashed from the $6.9 million he actually paid in 2010 to $120,000. (Even if Buffett had two-thirds of his income in the form of capital gains and dividends, the average for the richest 400 people in the country, he’d get a $2.7 million tax cut and pay a 6.8 percent effective rate.) [read more]
(via pantslessprogressive)
STFU, Conservatives: Obama Calls Out GOP, Krugman Calls Out Paul Ryan →
Here is a pretty lame quote from mental midget Paul Ryan:
“Just last week, the President told a crowd in North Carolina that Republicans are in favor of, quote, ‘dirtier air, dirtier water, and less people with health insurance.’ Can you think of a pettier way to…
(via stfuconservatives)
