FROM Michael Keen
The Flat Tax America's "progressive" income tax takes a larger percentage from high earners than those lower down on the scale. At the moment, there are six tax "brackets," ranging from 10 to 35 percent. Republican presidential candidates Herman Cain and Rick Perry want to replace "progressive" taxation with new versions of the so-called "flat tax," which begins with the idea that all income should be taxed at the same rate. Abraham Lincoln levied the first "flat tax" to finance the Civil War. Since then, the idea's been revived by candidates of both parties, including California Democrat Jerry Brown, when he ran for president in 1992 and Republican Steve Forbes in 1996. What is the "flat tax?" Is it simple? Is it fair? Why do proposals often shift the burden from wealthy taxpayers to those in the Middle Class?
What happens when America retreats from the world? Is President Trump taking his "America First" agenda to extremes, withdrawing the country from the international stage on trade and climate change, distancing America from its traditional allies across the Atlantic and even threatening to physically isolate the country through the building of a wall along its southern border? León Krauze guest hosts.
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.
Is the threat from Russia missing from the Russia meddling probe? There's much being made about the Trump administration's possible ties with Russia. But the bottom line is Russia's effort to influence American democracy. Do the President and his aides care enough to take action before voters go back to the polls?