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Forum Post: "Occupy turned the political conversation on its head," : Occupy movement's influence is growing.

Posted 12 years ago on Dec. 10, 2011, 5:38 a.m. EST by alouis (1511) from New York, NY
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I notice Governor one percenter Cuomo had to back off to a great extent on his refusal to tax the rich at a higher rate. Read more: http://www.businessinsider.com/occupy-taxes-millionaires-2011-12#ixzz1g7vZK4Fp

You Can Thank The Occupy Movement For These New Taxes On Millionaires In California And New York

Read more: http://www.businessinsider.com/occupy-taxes-millionaires-2011-12#ixzz1g7vLXEDc

ALBANY, N.Y. (AP) — Hollywood moguls and Manhattan stock brokers are facing a slap by the Occupy Wall Street movement as California and New York again target high-wage earners to address a continued fiscal crisis in the states. On Wednesday, with the urging of Gov. Andrew Cuomo, New York raised its top tax rate on single filers making $1 million and joint filers making $2 million, a rate just slightly under the 2008 income tax surcharge that expires Dec. 31. Earlier this month in California, Gov. Jerry Brown said he, too, wants to avoid further cuts to education and social services by proposing a ballot initiative asking voters to increase taxes. That could hit Californians making over $250,000. "Occupy turned the political conversation on its head," said Richard Brodsky, a senior fellow at the Wagner School at New York University. "Time was austerity and tax cuts were the only acceptable place to be. Now, income inequality and the 99 percent dominate practical politics. OWS paved the way; Cuomo and Brown seized the moment."

Read more: http://www.businessinsider.com/occupy-taxes-millionaires-2011-12#ixzz1g7vZK4Fp

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10 Comments


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[-] 1 points by richardkentgates (3269) 12 years ago

and the longer people continue without violence or giving into the hate masses, the prouder i am of my neighbors.

[-] 1 points by Nevada1 (5843) 12 years ago

Hi alouis, Good post. Best Regards, Nevada