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The Case for the Financial Transaction Tax in 2021

Lenore Palladino The Appeal
Congress should immediately pass the Wall Street Tax Act,(A Financial Transaction Tax - FTT), which would tax the sort of high-speed trading that has turned the financial sector into a casino at the expense of our communities.

Tidbits - Jan. 21, 2021 - Reader Comments: He's Gone, Trump is GOP Past, Present and Future; 'Tax the Rich' to Raise State Revenue; DC Statehood; Trump as Citizen Kane; Rosenberg Children; Woody Guthrie; Student Activist Scholarship Applications;

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Reader Comments: He's Gone, Trump is GOP Past, Present and Future; 'Tax the Rich' to Raise State Revenue; DC Statehood; Trump as Citizen Kane; Rosenberg Children; Woody Guthrie's 'This Land Is Your Land'; Student Activist Scholarship Applications;

Friday Nite Videos | January 1, 2021

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All the Ways Georgia Is Suppressing the Vote. The 2020 Song - A Year in Review | We Didn't Start the Fire Parody. Bernie Sanders Slams Mitch McConnell on $2,000 Stimulus Checks. What $1.7 Trillion in Student Debt Looks Like. Do You Love Me?

Under Biden, We’ll Still Need To Protect Social Security

Sasha Abramsky Truthout
Biden giving a speech Biden has gone on record to suggest that he would be open to changes in Social Security which might result in lower payments for some. Biden has also considered increasing the age of retirement as a way to keep the Social Security system solvent.

Under Biden, We’ll Still Need to Protect Social Security

Sasha Abramsky Truthout
blank social security card Biden has, at times, seemed sympathetic to Republican arguments to increase the age of retirement as a way to keep Social Security solvent and to modify how benefits are calculated adjusting for inflation -- maybe resulting in lower benefits.

Conservative Think-Tank Finds Biden Tax Hike Only Hurts the Rich

Jonathan Chait New York Magazine
Biden is not going to quadruple anybody’s taxes, but he will increase the tax burden on the very rich. The richest 5 percent of taxpayers would bear almost the entire burden of Biden’s plan, which would raise $2.8 trillion over the next decade...

The President’s Taxes

By Russ Buettner, Susanne Craig and Mike McIntire New York Times
The Times obtained Donald Trump’s tax information extending over more than two decades, revealing struggling properties, vast write-offs, an audit battle and hundreds of millions in debt coming due.
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