MainLine Peace Action/DelMont PDA

August 23, 2010

Krugman On Tax Cuts For The Wealthy

Filed under: Uncategorized — Tags: , , , , — Walter Ebmeyer @ 7:26 am

The Republicans and conservative Democrats want to extend the Bush tax cuts at enormous cost to the federal budget.  They say it would benefit small businesses.  How many small businessmen do you know who make several million dollars a year?  No.  This is about greed and it is a serious threat to the Republic.  Read our favorite economist on the subject.

http://www.nytimes.com/2010/08/23/opinion/23krugman.html?emc=eta1

Who Do The Rich Give To?

Filed under: Uncategorized — Tags: , , , , — Walter Ebmeyer @ 6:09 am

Not to the poor.  Studies for years have shown that rich people give a smaller percentage of their income to charity.  But they also tend to give most of that money to cultural institutions and the alma mater.  Very nice if you’re the Philadelphia Orchestra or Penn.  Not so good if you’re making less than a living wage. Read on.

http://www.nytimes.com/2010/08/22/magazine/22FOB-wwln-t.html?scp=2&sq=judith%20warner&st=cse