Tag: Debt crisis

Policy failures of the GOP: the debt could disappear if the rich paid taxes at 1960s levels (via Under the Mountain Bunker)

On By southwerkIn business ethics3 Comments

Well, yeah. I knew that.

James Pilant

Is anyone surprised by this? Yet discussion of increasing tax revenues from the wealthy and corporations is off the table,  no compromise, according to the teaparty Republicans. If Corporations And The Rich Paid Taxes At The Same Level As The 1960s, The Debt Would Disappear … [Institute for Policy Studies’ (IPS) Sam] Pizzigati cites an IPS paper from last spring to make the argument that if corporations and households making more than $1 millio … Read More

via Under the Mountain Bunker

Living for Less in the City of Dublin (via homophilosophicus) [5]

On By southwerkIn business ethics, Capitalism, ethics, Government Failure

The long term social effects of the crisis on the individual are discussed here.

(I received direct permission to reblog all of these posts from the period of the crisis.)

James Pilant

Living for Less in the City of Dublin It is important now more than ever that we discover ways of living for less. Primarily due to the scarcity of money in Ireland at the moment, and secondarily because we must do everything in our power to pay less tax to a government which is stealing from us. As things stand at the present we are tied by law into a social contract which demands that we pay our taxes to the state; taxes which enable this government to overpay its members whilst en … Read More

via homophilosophicus