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Thom's blog
Here’s a compromise to extend the payroll tax cut...
Average working Americans could get screwed. Republicans may agree to extend the payroll tax cut for middle class Americans after all…just as long millionaires and billionaires don’t have to cough up a dime. Yesterday – Senate Minority Leader Mitch McConnell said Republicans are on board with extending the payroll tax cut – but are opposed to the Democrats plan, which pays for it with a 3% surtax on people who make more than a million bucks. Instead – Republicans will offer their own plan to pay for the tax cut – likely one that takes money away from the social safety net.
Essentially – Republicans are willing to let taxes go up on 113 million households to prevent 345,000 millionaires from a meager tax increase. That’s the definition of protecting the 1% at the expense of the 99%. But here’s a compromise – extend the payroll tax cut – and pay for it by eliminating the Social Security cap – so that millionaires and billionaires pay the same social security tax rate as janitors.
Not only that – lifting the cap keeps Social security solvent for the next 75 years. Let’s see if Republicans go along with that idea.
-Thom
(Do you think they will? Tell us here.) |
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Tonight on The Big Picture on RT TV at 9pm and 11pm... After raids...will OWS shift tactics? (check your local listings for stations or stream at RT, and catch past shows on Youtube)
Need to Know: After raids...will OWS shift tactics?- Clark Davis, Media Liaison - Occupy Los Angeles  - Sarah Seltze, Alternet
Occupy Student Loans...forgive $1 trillion student debt?- Sarah Jaffe, AlterNet
Occupy London...massive strike shuts down UK- Ari Berman, The Nation Magazine
Daily Take: Big Pharma...scalping cancer drugs?
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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 Chapter 26: A New Democratic Marketplace today. |
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The Daily Stack 
Hour One: Occupy Philly raided last night- Nate, Occupy Philly
Occupy Student Loans-jubilee for all students?
Bringing lung cancer awareness back into the spotlight- Arielle Densen, Advocate, daughter committed to advancing lung cancer awareness and support
Hour Two: Occupy L.A.- Clark Davis, Media Liaison - Occupy Los Angeles
Was at Occupy LA last night when cops raided...was chased up & down streets, saw people beaten and his girlfriend was arrested- "Anthony"
Hour Three: Euro crisis...forgive debt & reboot?- Professor Steve Keen, University of Western Sydney
Article: Leviticus 25:10: "Consecrate the fiftieth year and proclaim liberty throughout the land unto all the inhabitants thereof: it shall be a jubilee unto you - and you shall return every man unto his own clan, you shall return every man to his family."
Crazy alert: "" by .
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Coming up on The Thom Hartmann Program
Is this what a Great Depression looks like? Is this what a police state looks like? Or is this what democracy looks like?
Plus, Thom talks with members of the Firesign Theater
And, Geeky Science Rocks...how is a pigeon like a helicopter?
We'll cover all of this plus the best of the rest of the news, and I'll be taking your calls as always- 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 says states that have legalized medicinal marijuana have seen a drop in traffic fatalities. Will pot be legalized?
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Watch & Listen to Thom
Hartmann: The Euro crisis... are we as badly f***ked as it looks?
Hartmann: Democrats & Republicans ONLY agree on subverting the Constitution
Hartmann: The man who invented pepper spray speaks out
Hartmann: Are lies and sabotage the only hope for the WI GOP?
The Good, The Bad, and the Very Very Spodogenously Ugly
Hartmann: with Frosty gone - Bill O'Reilly's War on Christmas has Begun
Hartmann: Money is free speech...how about tents?
Or watch the Full "Big Picture" Show
Full Show - 11/29/11. The Euro crisis in Depth
Economist and author of "Capitalism Hits the Fan", Richard Wolff provides an In-depth perspective of the financial meltdown in Europe and its negative effects for the U.S. economy.
Thom Hartmann on the News - Wednesday, November 30, 2011
Steve Keen - Euro crisis... forgive debt & reboot?
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Show Info
Call Thom on the show at 1-866-987-THOM (8466) (0870 974 9686 from the UK, +1 503 796 2324 from outside the US or UK).
Sign up for Thom's podcasts.
Come on over to the free chat room, where Thom hangs out during the show.
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