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Hightower Lowdown
"The less a statesman amounts to, the more he loves the flag." -- Kin Hubbard
January's Lowdown
Yes we can manage this country without the corporate priesthood--the cooperative movement shows us how
We're being told by today's High Priests of Conventional Wisdom that everyone and everything in our economic cosmos necessarily revolves around one dazzling star: the corporation. This heavenly institution, the HPCW explain, has such financial and political mass that it is the optimal force for organizing and directing our society's economic affairs, including the terms of employment and production.
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Getting beyond chads and dimples to fix the system
Millions of Americans are kept from voting
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WHERE’S YOUR TAX RELIEF?
Gosh, I don't know whether to summer in France this year or buy that condo in Aspen.
I refer, of course, to the wondrous windfall that Washington is bestowing on you and me--a massive $1.4 trillion tax giveback that George W. says will enrich us all, restart the sputtering stock market, solve the energy crunch, and... well, there's just no end to the good that will flow from this, Bush assures us.
Before popping that $1,000 bottle of Dom Perignon champagne, however, note that your big rebate this year won't quite get you to France, Aspen, or even Disneyland. It's $300--unless you're one of the 26% of taxpayers who are in the low-to-modest income bracket. If so, you get back nothing. Zero.
An additional 13% of you who are middle-income taxpayers will also get shorted by Bush, who denies you even the full $300. So the 40% of Americans who could really use $300 right now get stiffed.
Meanwhile, if you're a working stiff, forget Bush's promise of long-term tax relief "for all Americans." While he cut the tax rate for the rich, he made no cut in the rate paid by the majority of Americans, who are in the 15% tax bracket.