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Thom's blog
400 super rich Americans control more wealth in the country than 150 million other Americans
Even though a government shutdown was averted – working class people will still be screwed over in America. A new report by Wealth for the Common Good shows that the 400 richest people in America – our nation’s oligarchs – have never had it so good and are paying the lowest taxes ever in their lifetimes.
Those 400 super rich Americans control more wealth in the country than 150 million other Americans, and yet are effectively taxed at a rate of just over 16% while the rest of spay up to 35% plus higher levels of sales, property, and other taxes. To put that in perspective These 400 rich oligarchs effective tax rate has dropped by more than 2/3 since Dwight Eisenhower's administration – while the rate for working people has nearly doubled. Rich people get a 2/3 tax cut over the last 50 years – working people get screwed with a 100% tax hike.
To make matters worse – average CEO pay increased dramatically last year – despite an 20% real under- and un-employment rate plaguing the rest of us. And yet – now Congress says they're gonna pass a budget that cuts federal education, health care, and energy assistance programs for working class Americans while doing nothing to make America’s oligarchs pay their fair share or sacrifice even one damn thing.
-Thom
(How do you think this situation will be reversed? Tell us here.) |
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Tonight on The Big Picture on RT TV at 9pm and 11pm... Government Shutdown...did the Republicans already win? Time to raise taxes on the wealthy... (check your local listings for stations or stream at RT, and catch past shows on Youtube)
Need to Know: Government Shutdown...did the Republicans already win? Time to raise taxes on the wealthy... With Phil Kerpen, Vice President/Policy - Americans for Prosperity.
Screwed: Unnecessary Austerity, Unnecessary Shutdown With Chuck Collins, Senior Scholar - Institute for Policy Studies (IPS); Director IPS's Program on Inequality and the Common Good; Expert on U.S. inequality, author of several books, including Economic Apartheid in America: A Primer on Economic Inequality and Insecurity, co-authored with Felice Yeskel..
Oops...really?! Wisconsin Republican County Clerk Claims She Misplaced 7,500 Votes For Justice Prosser, Her Former Boss. With Brad Friedman, investigative journalist/blogger/publisher of The Brad Blog.
The Best of the Rest of the News...
Does privacy exist in cyberspace? With Ginger McCall, Electronic Privacy Information Center (EPIC).
Daily Take: Evolution's end...Edison gene chapter - conservative v. liberal brain
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Read Thom's Book for Free!
Now you can read all of Thom Hartmann's " Unequal Protection: How Corporations Became 'People' and How You Can Fight Back" for free online. Truthout is publishing weekly installments over the coming weeks. Read the Chapter Four: The Boston Tea Party Revealed today. |
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The Daily Stack 
Quote: "The best guarantee against the abuse of power consists in the freedom, the purity, and the frequency of popular elections." -- JOHN QUINCY ADAMS, Inaugural Address, Mar. 4, 1825.
Hour One: Wisconsin Republican County Clerk Claims She Misplaced 7,500 Votes For Justice Prosser, Her Former Boss with John Nichols, Washington Correspondent - The Nation Magazine.
Movie: " I AM", Directed by Tom Shadyac.
Hour Two: Government shutdown and "Paul Ryan's Adult Conversation" with Peter Ferrara, General Counsel for the American Civil Rights Union (ACRU); author of the forthcoming book "America's Ticking Bankruptcy Bomb: How the Looming Debt Crisis Threatens the American Dream, and How to Turn the Tide Before It Is Too Late".
Latest on Fukushima...reactors compromised again? with Paul Gunter.
Hour Three: Wisconsin Republican County Clerk Claims She Misplaced 7,500 Votes For Justice Prosser, Her Former Boss with Brad Friedman
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Coming up Tuesday on The Thom Hartmann Program
Hour Two: It's "Equal Pay Day 2011" and Conservatives are once again fighting against the "paycheck fairness act"...what do they have against working women? Thom challenges Romina Boccia of The Independent Women's Forum...
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program... your media support group for we the people.
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Thom's Poll
A new report shows the 400 richest in America are taxed at 16% while the rest pay up to 35%? Will this continue?
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Watch & Listen to Thom
Watch Friday's full The Big Picture show...
Full Show - 4/8/11 Conversation with Great Minds
Today in Conversations with Great Minds we take a look back at our best interviews. Thom Hartmann sits down with AFL-CIO President Richard Trumka and later speaks with author and investigative journalist Jeremy Scahill.
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 Would you like to help give a child with a very troubled background this feeling of peace? Thom and Louise Hartmann founded the New England Salem Children's Village (NESCV) in New Hampshire in 1979. With states delaying payment for the children they entrust to the village, they need help with cash flow. Can you help? |
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Show Info
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