Incomes in excess of $250,000 per year (only the richest few percent of Americans) will be subject to a slightly higher rate. Income beyond $10,000,000 per year will be taxed at a modest 52% rate, which is still nearly 10% UNDER the average top marginal tax rate in America since 1917. http://newsjunkiepost.com/2010/11/22/the-top-tax-rate-is-27-below-us-historical-average/
Tax cuts for the rich and big corporations has caused the vast majority of America's national debt. We need to raise revenue on the people that have taken nearly all the new wealth in America over the last generation.
#FeelTheBern #TaxTheRich #ProgressiveTaxCode #Deficits
"I think as we reflect back on Dr. Martin Luther King Jr., certainly one of the great leaders in American history, we understand that on one hand we have come a very very, long way in achieving his vision of a country in which there’s far more racial justice today than there was in his lifetime. Many of the barriers of segregation have been broken. We should be proud of those accomplishments.
But on the other hand let us not forget that what Dr. King was talking about was not only racial justice, he was talking about economic justice. When he was assassinated in Memphis, Tennessee, he was there working with mostly African-American garbage collectors, people being exploited, people earning inadequate wages, people who had terrible working conditions and he said they deserve justice.
At a time when we have an almost record number of Americans living in poverty, obscene levels of income and wealth inequality and millions working longer hours for lower pay, we still have much to learn from Dr. King’s extraordinary life."
#MartinLutherKing #RacialJustice #EconomicJustice #BernieSanders #mydailybernie #FeelTheBern #BUTI
- Pierce College
- Oak Park High School
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