wealthy

Profitable American companies paid just 12.6 percent of their profits in federal income taxes in 2010 -- well below the 35 percent federal corporate income tax rate, according to a new study by the Government Accountability Office. Read more...
Reich argues that Republicans aren't opposed to the sequester because they're simply against raising taxes, but because they represent the wealthy. Read more...
In his weekly address, President Obama tells the American people that a series of harmful budget cuts—called the sequester—have taken effect because Congress failed to act. Because Republicans in Congress refused to compromise to close tax loopholes for the wealthiest Americans, hundreds of thousands of Americans will lose their jobs or see their paycheck reduced, and middle class families will be hurt. Read more...
By Cheryl Strauss Einhorn, Special to ProPublica This story was co-published with Foreign Policy. Accra is a city of choking red dust where almost no rain falls for three months at a time and clothes hung out on a line dry in 15 Read more...
Congressional Republicans will try anything to keep tax breaks for the top 2% - even threatening to increase taxes for the middle class if they don't get their way. That's why MoveOn member Steve brings us this potent message: Republicans, Read more...

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President Barack Obama said in his weekly address on Saturday urged House Republicans to extend the middle class income tax cuts for 98% of Americans and 97% of small businesses without delay, and made clear that a balanced approach to deficit reduction means that they -- and we all know this means John Boehner -- must agree to ask the wealthiest Americans to pay higher tax rates. Read more...
The traditional media keeps telling us that America is headed over the fiscal cliff if Democrats and Republicans can't work out a budget deal. The truth is much more complex than that -- and the American economy isn't going to be destroyed. Read more...
Tax the rich: An animated fairy tale, is narrated by Ed Asner, with animation by Mike Konopacki. Written and directed by Fred Glass for the California Federation of Teachers. An 8 minute video about how we arrived at this moment of poorly Read more...
“Viewpoint” host Eliot Spitzer and Robert Reich, professor at the University of California, Berkeley, discuss the latest fiscal cliff negotiations in Washington. Robert Reich believes Democrats have the power in the budget battle, Read more...
A special programming note from Senior Writer Michael Winship: "As you probably have figured out by now, because Hurricane Sandy hit New York City and its surroundings with such a mighty punch, the Moyers & Company production team has Read more...