Monday, March 21, 2011

Saving Capitalism

Then
Robert La Follette Jr.:
We have reached the point where we must ascertain whether those who give lip service to our present system are willing to pay the price to save it. We must ascertain whether those who have the biggest stake in saving this system are willing to contribute to the government through graduated income and estate taxes a sufficient revenue to make it possible to carry on these collective expenditures until the war against the Depression is won.
(The Progressive, February 17, 1934)

Now
Congress Passes $858 Billion Tax-Cut Extension
Corporate Tax Revenues Nearing Historic Lows
Pawlenty: Bank of America Taxes too High

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