FROM Dalton Conley
Income Redistribution: Basic Fairness or 'Class Warfare?' The stimulus package already passed and signed into law provides tax credits for 95 percent of American workers. Now the President wants to increase taxes on the wealthy, partly by letting the Bush tax cuts expire. One of his goals is to reduce the growing gap between the rich and the poor. We hear a debate and look at other factors that cause economic dislocation, including technology, changes in the work force and increased anxiety.
Income Redistribution: Basic Fairness or 'Class Warfare?' The gap between rich and poor has been growing fast. The Bush tax cuts give $20 a year to the bottom fifth of wage earners and $118,000 to millionaires. President Obama’s stimulus package already passed and signed into law provides tax credits for 95 percent of American workers. The Obama budget says wealth is not “trickling down” and that raising taxes on the top three million families will help “economic opportunity to trickle up.” Republicans call that “class warfare.” We hear a debate and look at other factors that cause economic dislocation, including technology, changes in the work force and increased anxiety.
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.