by Dave Johnson | Jun 1, 2011 | Blog
Most people don’t know that there is a huge loophole in the Social Security tax. Believe it or not, after $107K income you don’t pay any Social Security tax. This loophole is called the “cap.” The "cap" loophole is bigger than the loopholes that let big corporations...
by Isaiah J. Poole | Jun 1, 2011 | Blog
Hours after I called attention to a column by former Reagan and Bush 41 economic adviser Bruce Bartlett that debunked the right-wing narrative that taxes on the wealthy are too high (it's quite the opposite), Citizens for Tax Justice released a preliminary report of...
by Richard Eskow | Jun 1, 2011 | Blog
An email entitled "Lies of Eskov in HP AOL Ariticle" (sic) was received this morning at the office of the Campaign For America's Future and forwarded to me with the comment, "Here's a nice complimentary one ... geez." Hate mail comes with the job and this note was...
by Bill Scher | Jun 1, 2011 | Blog
Today, Speaker John Boehner released a list of 150 economists who back the Republican position that an hike in the debt limit should be conditional on spending cuts greater than that increase. Nothing in the statement mentions fairer taxation or investments in job...
by Robert Borosage | Jun 1, 2011 | Blog
Over the last two weeks, progressives have sparked a massive grassroots groundswell for Elizabeth Warren's appointment to head the Consumer Financial Protection Bureau and rein in reckless bankers. And how did the Senate Republicans respond? By using parliamentary...