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Close the Social Security Cap Tax Loophole

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...

Taxed Enough Already How About A Negative 15 Tax Rate

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...

Just Who Are Boehners Economists

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...

GOP Get Out Of Elizabeth Warrens Way

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...

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