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Deploying the razor-sharp wit and incisive take-no-prisoners satire characteristic of his generation, Gen Xer Ted Rall has become one of the most widely read editorial cartoonists in America. Twice the winner of the Robert F. Kennedy Journalism Award and a Pulitzer Prize finalist, Rall's work has appeared in hundreds of newspapers, as well as such magazines as Time, Newsweek, Fortune and MAD. He is also the author of 15 books, including several graphic novels and political polemics about Central and South Asia.
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Comments (51) (Please sign in to comment)
Cinci Steve said, 5 months ago
“This is my pledge to you: If you make less than 250k a year, you will not pay one penny more in any form of taxes”.
Looks like Barry considers anybody not on welfare as rich.
http://m.youtube.com/#/watch?v=Q8erePM8V5U&desktop_uri=%2Fwatch%3Fv%3DQ8erePM8V5U
Michael wme said, 5 months ago
Ten years ago, taxes were cut under the Bush, Jr administration on everyone with a taxable income of more than $283,150. For reasons that escape me, the cuts were only for 10 years, then rates reverted to what they had been (39%) back in the dark days of President Clinton.
The fiscal cliff law says that rates will not return to 39% except for those earning more than $400,000 if single or $450,000 if married (or, as Mr Rall says, unmarried couples earning more than $800,000).
This is not a tax cut for anyone, it’s a tax increase for everyone. Those earning less than $800,000 will have an increase in their FICA and Medicare taxes. Even former candidate Romney will see his taxes increase from 15% to 20%, unless he can take advantage of some formerly unnecessary loopholes (those loopholes cost a lot of money, so they only make sense for those subject to tax rates higher than 15%).
It will, as Prof Krugman says, actually take a minuscule amount of money from the very wealthy, nothing they’ll really miss, but it’s a symbol.
Ms. Ima said, 5 months ago
Flip the middlin’ class sign over and it says: will cartoon for food.
Sr NONliberal said, 5 months ago
@Michael wme
But we need more than symbols. If it is symbolism that you want, lets flat tax everyone so that we all start to feel how crazy it is that medicare is crushing our budget and killing our ability to move out of this fiscal spiral of death.since no one can stomach reform of medicare & social security, than we should raise EVERYONEs rate to make sure it is fully funded…
Tigger
said, 5 months ago
@Cinci Steve
We tried to tell people this, they refused to listen
Tigger
said, 5 months ago
@Michael wme
In Late December 2010, The Democrat Controlled House and Senate Voted ‘Yes’ to extend these same Tax Cuts, and Obama did not have the Courage to Veto this Bill passed by his own Party.
Blame The Democrats and Obama for the Fiscal Cliff as they could have averted the Fiscal Cliff in 2010 by allowing the Bush Tax Cuts to expire.
Clark Kent said, 5 months ago
Bring back the 75% tax rates on the rich from the 1960’s.
Bilword said, 5 months ago
It’s “F” up
GreggW
said, 5 months ago
Since Americans have long held to the fantasy that everyone except the poor is middle class, a tax structure that conforms to the notion is appropriate.
Chillbilly
said, 5 months ago
What GreggW said. Except I don’t think either party cares as much about the deficit as they claim. It’s just leverage for their other schemes and little more.
Jase99 said, 5 months ago
@Tigger
“In Late December 2010, The Democrat Controlled House and Senate Voted ‘Yes’ to extend these same Tax Cuts, and Obama did not have the Courage to Veto this Bill passed by his own Party.”
You keep bringing that up. Each time you do, someone has explained the circumstances leading to it. You just plain don’t care. You see one little factoid about a group you blindly hate and you like posting regardless of the facts surrounding it.
Ms. Ima said, 5 months ago
@Clark Kent
What will that accomplish? No more rich? There surely won’t be any less poor.
Ms. Ima said, 5 months ago
The interstate beggar around here rides a $2000 schwinn. He does it instead of working, he’s a scam.
uh-oh
said, 5 months ago
All bow to the middle class, where pandering is expected.
Harleyquinn
said, 5 months ago
http://www.dailymail.co.uk/news/article-2256972/Middle-earners-hit-hardest-revealed-workers-making-30-000-bigger-hit-earning-500-000-new-fiscal-deal.html