Quotation for Today: People Who Fill In Line Seven on the IRS Form 1040

Wages and salaries that are insufficient to support families, as represented by the Brookings-reported fact that 28 million American tax filers received the earned income tax credit (E.I.T.C.) in 2010, is an indictment of Wall Street-based capitalism and Republican economic and monetary policies.  


Across the jump, the quotation for today aims our attention at the problem of stagnant wages and salaries; wages too meager to support a family.

Quotation for Today: Tax Laws Embedded With Economic Inequality

The quotation for today, on the other side of the jump, emphasizes the economic inequality embedded in the tax laws of the United States.

Quotation for Today: Serf Is Up

The destructive fires of the Little Depression that began in December 2007 continue to rage. Meanwhile, the leaders of the developed nations -- contemporary Herbert Hoovers all -- wring their hands in weakness and indecisiveness. Today's quotation captures the main elements that contribute to our leaders' helplessness.

Quotation for Today

"Republicans are giving themselves whiplash on the issue of taxes: Republicans have one position on taxes for the wealthy and another position when it comes to everyone else." 


Sen. Charles E. Schumer (D-N.Y.)


Mascaro, Lisa. "Republicans caught between a tax break and a hard place." Los Angeles Times 4 December 2011: online edition