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The Perennial GOP Tax Scam
Thom plus logo  There's something about taxes that elected Republicans know, but most Americans are completely unaware of. It's the reason we keep falling for the perennial GOP tax scam, and Paul Ryan, Mitch McConnell, and their buddies in the White House are getting ready to run this ruse on American working people all over again.

Here it is in a nutshell: Tax cuts for truly wealthy people increase their income and wealth; tax cuts for working people actually decrease their income and wealth over time.

Here's how it works.

If you're part of the top .1% - say you're earning a million dollars a year - and you get a tax cut, you'll keep more of the money you're earning. The main reason is because people in those income categories 1) generally have a high degree of control over their own income; and 2) they more often than not already are working under a massive tax cut - at least a lower tax rate - called the capital gains tax. But even setting aside Part II of that, truly super-high income earners, like the banksters on Wall Street or CEOs of large corporations, have a significant measure of control - if not total control - over their own income.

For working people, it's an entirely different story.

Read more here.

-Thom

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The Big Picture: GOP is Wrong...Without Your Health, You Have No Freedom

Big Picture Panel: GOP Confession - When More People Vote, Republicans Lose
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Big Picture Interview: There's A Bill To Abolish the EPA Already
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Big Picture Fact: Privatization & Water Don't Mix
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Thursday's Daily Stack Daily Stack
Hour One: GOP is Rolling Out the Death Panels...
Article: "Republican Party Platform of 1956", August 20, 1956.
Speech: "State of the Union Address, 1956" - Dwight Eisenhower.
Letter: "to Edgar Newton Eisenhower, November 8, 1954" by Dwight Eisenhower. "Should any political party attempt to abolish social security ... Their number is negligible and they are stupid."
Article: "The Perennial GOP Tax Scam" by Thom Hartmann.
Article: "US oil exports top 1m barrels a day for second straight week" by Gregory Meyer, Mamta Badkar.
Article: "The Trail of Tears " by PBS.
Quote: "Of all the enemies to public liberty war is, perhaps, the most to be dreaded, because it comprises and develops the germ of every other." - James Madison.
Article: "North American Free Trade Agreement" (NAFTA) by Wikipedia
Article: "MacArthur critics hold own town hall" by Carol Comegno.

Hour Two: Do We Need a National Program to Wean Young Men Off Guns?
- Howard Epstein, Guns, Traumas and Exceptionalism: America in the Twenty First Century.
Article: "Columbine High School massacre" by Wikipedia.
Article: "Sandy Hook Elementary School shooting", December 14, 2012 by Wikipedia.
Article: "Assassination of John F. Kennedy" by Wikipedia.
Article: "Kent State shootings" by Wikipedia.
Article: "Precautionary Principle" by Wikipedia.
 
Article: "Cuyahoga River Fire" by Michael Rotman.
Article: "Project Veritas 'CNN Leaks' fall flat" by Hadas Gold.
Article: "Brat faces raucous crowd at town hall" by Ashley Killough.
 
Talk Media News Segment:
- Victoria Jones Twitter
Article: "Rex Tillerson Arrives in Mexico Facing Twin Threats to Relations" by Gardiner Harris and Kirk Semple.
Article: "GOP to bury House resolution on Trump conflicts" by Rachael Bade and John Bresnahan.
Article: "Dakota Access pipeline protest site cleared after police in riot gear enter main camp" by Morgan Winsor, Connor Burton, Phillip Mena, James Hill, Julia Jacobo.

Hour Three: Thom Gets His Geek On With Science!
Article: "Herbicides found in Human Urine" by Dirk Br�ndli and Sandra Reinacher.
Movie: "Reefer Madness".
Article: "Dispensary Drive-Thru Coming to Parachute, Colorado" by Kate McKee Simmons.
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