Citizens for Tax Justice provides more evidence that -- all together now! -- the majority of Tha Bush Mobb's tax cuts for capital gains and dividends goes to the richest three-fifths of one percent of Americans. That's not just across the country, but in each and every state. Dividends used to be taxed as income -- since they are, like, income -- but Tha Bush Mobb cut the dividend tax rate to 15% in 2003, which effectively cut the dividend tax rate in half for rich folk. Folks making over $10 million benefited to the tune of over $1.7 million in dividend and capital gains tax cuts in 2005 -- while folks making less than $30,000 a year pulled in an average of five dollars. (When the income fields are this narrow, it's OK to use averages -- how likely is it that any $30,000 earner got a $15,000 windfall from these cuts?) And one more time, rich people don't get more out of these cuts because rich people pay more into the system -- they get more because Tha Bush Mobb drew up the legislation to help rich people more than poor people. And on and on.
Heise Online features an interview with Dr. Barbara van Schewick on network neutrality. Dr. van Schewick works in Germany, but has been keeping up with the American debate on network neutrality, and what do you know -- just like America's ahead of Europe in First Amendment rights, America's ahead of Europe in the network neutrality debate, as many European countries haven't drawn up net neutrality guidelines. Dr. van Schewick also provides yet more ammunition for net neutrality supporters, including a point I'm a bit ashamed I didn't think of -- that the more we permit corporations to "manage" their networks, the more they'll push their own competitors off their networks, meaning that fewer smaller entrepreneurs will bother with creating new and competing products. Hard to believe, Harry, that corporations are the real roadblock to both competition and innovation.