Todays news from Sen. Bernie Sanders (I-Vt.): College Costs: Sen. Sanders heard this week from college students in Vermont who expressed very serious concerns about the high cost of college. Sanders told The Thom Hartmann Program on Friday that increasing numbers of students are shackled with these terrible, terrible debts, and are being forced to go into professions they dont want to do.” Koch Brothers: Sen. Sanders describes what it is that the Kochs have in mind for a future American plutocracy “and its ugly,” a blogger wrote for the Akron (Ohio) Beacon Journal. Sanders must-read article posted on Truthdig, lays out the David Koch-backed 1980 Libertarian Party platform, which called for the abolition, repeal or termination of every major piece of legislation that has been signed into law over the past 80 years that has protected the middle class, the elderly, the children, the sick and the most vulnerable in this society, John Colson wrote in The Aspen (Colo.) Times. Superrich Pay Lower Taxes Than Very Rich: Figures just released by the Internal Revenue Service show the super-rich – those who report adjusted gross incomes of more than $10 million – paid 20.4 percent of their income in federal income taxes in 2011, a significantly lower rate than the 24.5 percent paid by the very rich – those earning more than $500,000 but less than $10 million, The New York Times reported. This is largely due to the fact that investment income – which makes up a large portion of the super-richs earnings – is taxed at a lower rate than income. Continue reading here: sanders.senate.gov/newsroom/newswatch/041914
Posted on: Sat, 19 Apr 2014 13:06:34 +0000
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