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The Examiner: When historians look back on the presidency of Barack Obama, one would hope that they view his legacy as more then just being the first African American President who succeeded despite having to overcome some of the worst treatment a President could withstand; or as more than the President responsible for the establishment of an affordable health care act ensuring healthcare coverage for all Americans; or responsible for having saved the U.S economy from a second depression; or for killing the number one mastermind terrorist in the world.
Indeed one would hope that that historians recognize that President Obama’s legacy is that of a true warrior for social justice ….. A steadfast true leader, who even when faced with obstruction from hostile political extremists on the right, is still ensuring that all Americans get a fair shake at the American dream….
Full article here
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NYT: With 2013 bringing tax increases on the incomes of a small sliver of the richest Americans, the country’s top earners now face a heavier tax burden than at any time since Jimmy Carter was president.
The last-minute deal struck by the departing 112th Congress raised taxes on a handful of the highest-earning Americans, with about 99.3 percent of households experiencing no change in their income taxes. But the Tax Policy Center estimates that the average family in the top 1 percent will pay a federal tax rate of more than 36 percent this year, up from 28 percent in 2008. That is the highest rate since 1979, at least.
By some measures, the tax code might now be the most progressive in a generation, tax economists said, while noting that every American is paying a lower burden currently than they did then….
Full article here
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@elizabethforma: “It’s official!”
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TPM: The White House and gun control supporters are gearing up for a whirlwind month, with plans to pass reform legislation before outrage over the Sandy Hook massacre has a chance to fade.
While the fiscal cliff has dominated Washington’s attention in recent weeks, lawmakers and activists are laying the groundwork for their big push. Vice President Joe Biden, tasked with heading a commission to investigate gun violence, has been quietly meeting with experts, interest groups, and public officials and is expected to release a set of recommendations within weeks. Boston mayor Thomas Menino, co-chair of Michael Bloomberg’s Mayors Against Illegal Guns, told the Boston Herald this week that an optimistic Biden had assured him that Obama would sign legislation “by the end of January.”
More here
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MoooOOoooOOOooorning everyone. Eh, it is still morning, isn’t it?
