Biden is now promoting a tax on the top 0.01% and billionaires are already fuming. It's a start to what'll be necessary to bring back a functioning democracy & middle class. The headline says it all: "'Fuming' Billionaires Issue Profane Denunciation of Biden's New Minimum Tax Plan."

President Biden yesterday rolled out his new $5.3 trillion 2023 budget for the United States.

Not only would it cut the Trump Deficit by over a trillion dollars, but it would do much of that by creating a 20% unavoidable income tax on the top 0.01 percent of Americans worth over $100 million, the group that's generally most successful at avoiding paying any income taxes at all. There's also a small tic up on income taxes above $400,000, still not entirely reversing Trump's tax cuts for the rich.

It's a great start.

Read more at HartmannReport.com.

-Thom

Tuesday's Daily Stack

Article: "'Possible Coverup': White House Logs Show 7-Hour Gap in Trump's Calls on Jan. 6" by Ryan Bort.

Article: "Rose Mary Woods" by Wikipedia.

Article: "America Must Choose Between Great Wealth or Democracy" by Thom Hartmann.

Article: "Jeff Bezos's True Tax Rate Is 0.98%" by Jared A. Brock.

Article: "The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure" by Nick Hanauer and David M. Rolf.

Book: The Hidden History of American Oligarchy: Reclaiming Our Democracy from the Ruling Class by Thom Hartmann.

Book: Mr. Justice Brandeis Great American by Irving Dilliard.

Book: The New Deal: A Modern History by Michael A. Hiltzik.

Article: "Billionaire bunkers: How the 1% are preparing for the apocalypse" by Elizabeth Stamp.

Article: "Joe Biden to propose new minimum tax on wealthiest Americans" by Aime Williams.

Article: "Corporation Income Tax Brackets and Rates, 1909-2002" by Jack Taylor.

Article: "Budget Highlights: Biden Says $5.8 Trillion Plan Shows His Priorities" by NY Times.

Article: ""'Fuming' Billionaires Issue Profane Denunciation of Biden's New Minimum Tax Plan" by Sarah K. Burris.

Article: "President Biden's $5.8 trillion budget has Sen. Joe Manchin priorities: Tax rich, cut deficit" by Alan Fram.

Article: "Watergate scandal" by Wikipedia.

Article: "Mitt Romney Says A Trump Reelection Could Shake Up NATO Order" by Marita Vlachou.

Article: "'They have the means to pay these taxes — and they'll have nine years to do it': Katie Porter on billionaire tax" by Sarah K. Burris.

Article: "Biden's latest budget proposal is closer to his centrist campaign promises" by Jennifer Rubin.

Speech: "Madison Square Garden Speech", President Franklin D. Roosevelt, October 31, 1936. "They are unanimous in their hate for me-and I welcome their hatred"

Quote: "Taxes, after all are the dues we pay for the privilege of membership in an organized society. And as society becomes more civilized government, national and state and local, is called on to assume more obligations to its citizens. The privileges of membership in a civilized society are vastly increased in modern times. But I am afraid we still have many who still do not recognize their advantages and want to avoid paying their dues" - Franklin D. Roosevelt.

Quote: "A number of my friends who belong in these very high upper brackets have suggested to me, more in sorrow than in anger, that if I am reelected they will have to move to some other Nation because of high taxes here. I shall miss them very much." - Franklin D. Roosevelt, "Address at Worcester, Mass.," October 21, 1936.

WHO is Saying - It's Misinformation that Omicron is 'the last COVID-19 variant & there is a huge uptick worldwide - Is the Political Class Done With Covid?
- Dr. Eric Feigl-Ding, Epidemiologist & Health Economist / Adjunct Senior Fellow - Federation of American Scientists

Article: "How covid brain fog may overlap with 'chemo brain' and Alzheimer's" by Ariana Eunjung Cha.

Article: "FDA authorizes second booster shots for adults age 50 and older" by Brenda Goodman.

Article: "UK Covid infections climb by a million in a week" by Michelle Roberts.

Article: "Coronavirus (COVID-19) Infection Survey, UK: 25 March 2022" by ONS.

Article: "HEPA" by Wikipedia.

Article: "UV Lights and Lamps: Ultraviolet-C Radiation, Disinfection, and Coronavirus" by FDA.

Article: "What Does an HVAC Air Purifier Do? The Facts for Buyers" by Michael Rosone.

Article: "We Study Virus Evolution. Here's Where We Think the Coronavirus Is Going." by Sarah Cobey, Jesse Bloom, Tyler Starr and Nathaniel Lash.

Article: "Four takeaways from President Biden's budget proposal" by Rachel Siegel.

Article: "Jerome Powell leaves door open for rate hikes larger than 25 basis points " by Greg Robb.

Article: "Warning: The Fed is aiming a battering ram at the American economy" by Robert Reich.

Hour Two: Will America Choose Wealth or Democracy?
- Charles Sauer, Libertarian / Economist & President - The Market Institute / author of Profit Motive: What Drives the Things We Do

Article: "Four takeaways from President Biden's budget proposal" by Rachel Siegel and Alyssa Fowers.

Article: "What Does the Constitution Say About Patents?" by Laws.com.

Article: "Facebook stock plummets 26% in its biggest one-day drop ever" by Lauren Feiner.

Case: "Buckley v. Valeo", 1976.

Case: "First National Bank Of Boston V. Bellotti", 1978.

Case: "Citizens United v. Federal Election Commission" (2010).

Article: "Oregon Ends Residency Rule For Medically Assisted Suicide" By Gene Johnson.

Article: "Democrats Must Demand Justice Thomas Resign...and His Wife is Prosecuted" by Thom Hartmann.

Tweet: "Clarence Thomas should resign.
If not, his failure to disclose income from right-wing organizations, recuse himself from matters involving his wife, and his vote to block the Jan 6th commission from key information must be investigated and could serve as grounds for impeachment." by Alexandria Ocasio-Cortez.

Article: "Beware, Trump. 80 new Justice Department lawyers can do a lot of digging." by Jennifer Rubin.

Movie: "Johnny Got His Gun ".

Article: "Mariupol: Children 'dying of starvation' in surrounded city as 300 people killed in theatre strike" by David Kent.

Article: "'The Ukrainians Are Listening': Russia's Military Radios Are Getting Owned" by Jack Detsch.

TV: "This Hour Has 22 Minutes".

Article: "Santa Claus Is About To Drop a Bomb On Biden" by Thom Hartmann.

Article: "National debt of the United States" by Wikipedia.

Article: "Joe Manchin may be smaller and more corrupt than we even realized" by Laura Clawson.

Article: "Getting Joe Manchin's vote on BBB could come down to one of the weirdest situations of the century" by Mark Sumner.

Article: "How Joe Manchin Aided Coal, and Earned Millions" by Christopher Flavelle and Julie Tate.

Article: "The Boring Bill in Tennessee That Everyone Should Be Watching" by Margaret Renkl.

Article: "Spanish Civil War" by Wikipedia.

Article: "XV International Brigade" (Abraham Lincoln Brigade) by Wikipedia.

Article: "More Than 4 Million Meals Have Been Provided to Ukrainian Refugees Per Celebrity Chef José Andrés" by Leia Idliby.

Historic Moment & Good News for Canada - Ontario Strikes deal for $10-a-day Childcare

Wednesday on The Thom Hartmann Program, 12-3pm ET

I'll be talking with Economist Dr. Richard Wolff, Co-founder, Democracy At Work / Author of numerous books - his latest is The Sickness is the System (now also available as an eBook)

And, the best of the rest of the news along with your calls right here on...

The Thom Hartmann Program, Occupying The Media 3 hours a day 5 days a week for "we the people"

And don't forget...Democracy is NOT a spectator sport...it begins with you...

Biden Billionaire Tax Debate? Liberal vs. Libertarian (w/ Charles Sauer)

The 'Zero-Covid' Approach Got Bad Press, But Does It Worked?

Wannabe State Senator Wants To Shoot "Godless Commies"