Saturday, April 09, 2011

We Don't Need to Shut Down the Government: Tax the Wealthy and Deadbeat Corporations to Close Budget Gaps

Before any government shutdown–or drastic state and federal budget cuts –we should reverse huge tax cuts for the wealthy and deadbeat corporations.

When you hear politicians lament that “we’re broke,” consider this fact: If corporations and households with $1 million income paid at the same levels they did in 1961, the Treasury would collect an additional $716 billion a year – or $7 trillion over a decade.'


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