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Profile Information

Name: Dawn
Gender: Female
Hometown: Iowa
Home country: USA
Current location: In the sunroom.
Member since: Fri Oct 15, 2004, 08:28 AM
Number of posts: 2,736

About Me

Illegitimi Non Carborundum!

Journal Archives

Who's Worse tRump or McTurtle?

From Robert Reich at InEquality Now

Trump Jr's NYT Bestseller Scam Confirmed

RNC buys $98,0000 worth of Jr's book, "Triggered".

Warren Earns Endorsement of Ady Barkan

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">I think she will be an amazing president. <a href="https://t.co/PXmAuUjJBT">pic.twitter.com/PXmAuUjJBT</a></p>— Ady Barkan🔥🌹 (@AdyBarkan) <a href="https://twitter.com/AdyBarkan/status/1197138187140792322?ref_src=twsrc%5Etfw">November 20, 2019</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Tax Justice Now (website)

Anyone checked out this website "TaxJusticeNow.org"? It has a neat calculator showing how a weath tax on the richest 1% would affect Billionaires if it had been implemented in 1982.

For example Jeff Bezos was worth $160 Billion in 2018 and he would still be worth $95.3 Billion if there had been an ongoing wealth tax that had been implemented in 1982.

Notice you can change between tax plans of Biden, Sanders and Warren to compare the effects each plan could have. Don't know what the numbers are for Buttigieg's tax plan if he has one.

Think how those tax dollars would have stimulated our economy if that money was in the hands of working class families. It's time for TaxJusticeNow.org .

Trump Tax Cuts Helped Billionaires Pay Less Taxes Than Working Class - Forbes

Bill Gates agrees and has previously said, “There’s no doubt that what we want government to do in terms of better education and better health care means that we need to collect more in taxes. And there’s no doubt that as we raise taxes, we can have most of that additional money come from those who are better off... I need to pay higher taxes.”

Before your palms start sweating – don’t worry – I don’t think we should raise your taxes. We are talking about the top .01%. Those who own yachts and airplanes.


The Rich Really Do Pay Lower Taxes Than You NYT

"Ask yourself this: If efforts to tax the super-rich were really doomed to fail, why would so many of the super-rich be fighting so hard to defeat those efforts?"


Elizabeth Warren's latest Wall Street enemy: private equity Vox

"Warren also unveiled new legislation — the Stop Wall Street Looting Act of 2019 — which takes aim at a very specific corner of the financial industry: private equity, firms and investment funds that make money by buying and selling companies. The bill would overhaul the way private equity is governed and require the industry to change some of its most lucrative business practices. It would also offer more protections for workers when their private equity-owned employers go south."

" The companies they (private equity firms) buy can also fail or go bankrupt — including, Warren and many others allege, because of private equity practices that strip the companies of their value.

"The retail graveyard is filled with private equity buys, including Toys R Us, Sears, KB Toys, and Payless Shoes. Private equity firms have enacted mass layoffs at local newspapers and shuttered some altogether. Casinos, grocery stores, and many other businesses have failed in the hands of private equity firms."

"The firms can use all sorts of tricks to get rich even if the companies they buy fail. Once they buy a company, they transfer the responsibility for repaying the debt they took on to the company that they just bought. Because they control the company, they can transfer money to themselves by charging high “management” and “consulting” fees, issuing generous dividends, and selling off assets like real estate for short-term gain. And they slash costs, fire workers, and gut long-term investments to free up more money to pay themselves.The bill moves certain parties — namely, workers and consumers — up the totem pole in bankruptcy proceedings. It prioritizes worker pay in bankruptcy proceedings and clarifies that gift cards count as consumer deposits, moving them up in line for payouts as well."

Warren is a "Demo-can"

Not a “Demo-can’t”. Here’s how we can transition to Medicare for All and how to pay for it. https://www.instagram.com/tv/B45LZ5wHaM_/?igshid=ganzo7qrjv05

Billionaires Freak Out About Elizabeth Warren and Bernie Sanders

Don't you just love the protester in the NY Bookstore!

Who is the Mystery Author of the "Anonymous" book on Trump??

John Iadarola jokes that the writer of "Anonymous" won't release their identity because "maybe they are worried it will affect the voting for Dancing with the Stars?"
Cenk says it can't be one of the tRump kids because the writer is too intelligent.
Who dun it??

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