Daily Archives: November 23, 2011

Channel 3000: Walker Opponents Plagued By Threats, Thefts

Sun Prairie Police Open Investigation

November 21, 2011- Opponents of Gov. Scott Walker said they have faced threats and thefts in the days since the recall effort began.

Two volunteers in the petition drive reported violent threats made against them to the police. Neighbors in Monona also complained to authorities of politically motivated thefts from their yards.

The threats involved phone calls from an area code in Minnesota. The calls came overnight after Walker's opponents began the recall, said Madison resident Tom Peer, who said he received a call at 2 a.m. on Thursday.

"They said, 'If you don't stop circulating recall petitions, we will kill you,'" said Peer.

A similar call came to Heather DuBois Bourenane, of Sun Prairie. The United Wisconsin recall worker jumped out of bed when her phone rang around 4 a.m. on Thursday.

"He said I had attracted the attention of some very bad people, and my life and the lives of my family were in danger," Bourenane said.

Think Progress: Billionaires Use Tax Loophole To Lower Their Tax Rates To 1 Percent

-By Pat Garofalo

November 18, 2011- In 2009, 1,470 households reported income of more than $1 million but paid no federal income tax on it, through their use of various tax loopholes and shelters. Tax rates for millionaires have fallen by 25 percent since the mid-’90s, while one quarter of millionaires currently pay lower tax rates than the average middle-class household.

Numbers like these are the driving force behind the Buffett rule, the administration’s proposal aimed at ensuring that millionaires can’t pay lower tax rates than middle-class families. To add to the pile of evidence that such a rule is necessary, Bloomberg News ran a segment today on billionaires who manipulate the tax code to lower their tax rate all the way down to one percent:

Institute for Policy Studies: The Global Super-Rich Stash: Now $25 Trillion

Still another financial firm has tallied how much net worth is sloshing in the pockets of the world's most spectacularly wealthy. So when will the time finally come to stop the counting and start the taxing?

-By Sam Pizzigati

November 17, 2011- In today’s astoundingly unequal global economy, banks can go either of two routes — or both — to bag ever bigger returns. They can squeeze the 99 percent with nuisance fees and penalties. Or they can cater to the richest of the rich.

But both routes have bumps. The 99 percent can squeeze back, as they did earlier this month when Americans by the tens of thousands shut down their Bank of America accounts to protest the bank’s $5 debit card greed grab. And the richest of the rich? To cater to these fortunates, you first have to find them.

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