Death to Pennies
Did you know it costs the U.S. Mint about 1.8 cents to make one penny? This snappy YouTube video from C. G. P. Grey explains why pennies are bad for the economy and should be discontinued. What do you think?
(via theatlantic)
Robert Reich: How Democrats Can Become Relevant Again (And Rescue the Nation While They're At It)
Reform the tax code to create more brackets at the top with higher rates for millionaires and billionaires. Absurdly, the top bracket is now set at $375,000 with a tax rate of 35 percent; the second-highest bracket, at 33 percent, starts at $172,000 for individuals. But the big money is way higher.
The source of income shouldn’t matter – salary, wages, capital gains, other unearned income – all should be treated the same. There’s no reason to reward speculators. (Don’t penalize true entrepreneurs, though. If they’re owners who have held their assets for at least twenty years, keep their capital gains low.)
Illusions Are What a Whore Does For Money
(via codykniffen:morganism82:juliasegal)
