Page 2 - Debt State News Today : Breaking News, Live Updates & Top Stories | Vimarsana

  .  “The State cannot cease to be a class State so long as its public finances remain class-bound at every level,” declared Rudolf Goldscheid, an Austrian novelist, economist, and socialist, in his 1925 essay “A Sociological Approach to Problems of Public Finance .” For Goldscheid, this binding took the form of the state’s fiscal dependence on taxes drawn from the incomes and profits of the wealthy. While liberals and social democrats waxed rhapsodic over the social programs that could be funded via progressive taxation, Goldscheid cautioned that this arrangeme...

The american people see it. republicans want to extend the full state. or slate, rather, of the push tax rates and the president is threatening to veto any rates. and the spending cuts resulting from last year's debt deal and the president threatened to veto changes that do not include the revenues, is that how you see the debt debate and how does it square with republicans and democrats coming together? >> that's not how the debt state to supposed to be. bernanke says we will be on a fiscal cliff in the next six months. what members of congress are supposed to do, kelly, is solve the problem....