What do you think? Similarly, Billionaire Warren Buffet has been pointing out repeatedly for years that he pays less in taxes as a percentage of income than his secretary.(1) Do you think the rich should pay less taxes as a percentage of income than working families? Please leave a reply letting me know what you […]
continue reading "Guess who pays less taxes than you?"
For years CT has been dealing with a budget crisis. Spending is greater than revenue, and revenue is down as a result of the recession. In terms of poverty this is dangerous because government spending cuts need to be made and are being made, and that means many of the government sponsored-programs that are struggling […]
continue reading "New Taxes Hurting Small Business"
Like many states and like the nation, my home state of CT is facing massive budget deficits that require significant budget changes to avoid bankruptcy and crisis. I believe there are large amounts of wasteful spending that could be cut from the budget that would close most if not all of the deficit. Unfortunately, what […]
continue reading "Big Corporations Make Poor Pay More Taxes"
There has been a lot of frustration over the massive amount of pay, bonuses and luxuries given to the executives at failing banks which together received hundreds of billions of dollars from the U.S. government. Indeed, it leaves us asking why rich people get bailout money to pay for private jets and unnecessarily lavish Superbowl […]
continue reading "Highly Paid CEO Says Raise His Taxes"
Forbes named Warren Buffett as the richest person in the world as of March 5, 2008. Personally, I admire Warren Buffet for a variety of reasons. Namely, he behaves in a down-to-earth way, and he has earned the title of philanthropist. Last year, he pointed out that he pays a smaller percentage in taxes than […]
continue reading "Unfair Taxes and Poverty"
Posted by Scott Hughes
Categories: American Poverty
Catholic Online reports on criticism of the contrast between President Bushes cuts to social spending and his increases in military spending: The proposed $2.9 billion U.S. government budget proposed by the Bush Administration is a moral document that misses the mark in reducing poverty, with draconic cuts that will hurt America’s poor families, said the […]
continue reading "Taxes Fund War Instead of Social Services"