William Gates III on the left. Alfred E. Newman on the right. French economist Thomas Piketty says the world’s richest man loves everything about his 2014 book, Capital in the Twenty-First Century, except for the part about how the rich should pay more in taxes. According to the Huff Post: Bill to[...]
Posts Tagged ‘Wealth Tax’
Bill Gates Thinks He Is Too Exceptional to Pay Taxes
HAPPY THNKSGIVING: Unless you work for WalMart
Based on story by Laura Clawson at Daily KOS ..(click image for her full text) Walmart workers are forced to rely on government assistance to make ends meet. But PR is all … Walmart is totally concerned for its “associates” .. expressing their sincerity like China’s corpora[...]
Is Washington Joining the Confederacy?
According to the Washington Post we are one of the 29 states where tax collections have yet to return to their pre-recession heights. Put another way, we look a lot like South Carolina or Alabama! We also, along with the former Confederacy, rank near the bottom in our support not only for K-12[...]
Do you think Larry Ellison might be able to pay a tax on his unproductive wealth?
I have written many times about the wealth tax. A wealth tax designed to tax wealth selectively based on productivity has the extra advantage of increasing the use of capital to stimulate jobs. Put another way … money invested in gold coins, yachts, art, real estate, government bonds or ca[...]
Message to Washington state’s best students is clear .. if you can get into an elite private schools you should do so .. TO SAVE MONEY!
UNLESS YOU ARE AN ATHLETE: DO NOT APPLY TO THE UW Over at the Berkeley Blog, Robert Reich has written a disturbing essay on the effects of endowment of private, elite schools, on the US governments subsidy for education of the wealthiest Americans: “(Given the) relatively small number of stu[...]
The Brits Try to Ruin Their Economy Again
Same old, same old. A century ago the Tories .. focused on short term gain and classism, undermined the British economic system .. the rest is history. The US seems to be heading the same way. As the economy is booming for the fortunate, the poor are getting poorer . BY Corinne Purtill Brea[...]
Larry Ellison Buys Lanai
‘At the end of the day, Mr. Ellison can do what he wants. He asks for input but that’s like me asking for input on what to do with my backyard. I own my backyard.’ a serf resident of Duke Mr. Ellison’s new island. Readmore[...]
Paul Allen: Yet another toy!
GEEKWIRE: Paul Allen paid $2.5M for this German tank, says seller refuses to deliver by Todd Bishop on September 12, 2014September 12, 2014 at 10:47 am6 Comments Paul Allen is finding it very difficult to acquire this tank. The 28-ton Panzerkampfwagen IV, better known as the Panzer IV, was used by [...]
More Toys for Paul Allen
DeLoreans set the standard and all, but if I had to travel to and from the future today, I’d want to hit the space-time continuum in equal parts comfort, class, and automatic liftable flybridge lounge that self-converts to a bar and twerk floor when the sun sets. German luxury vehicle m[...]