by Isaiah J. Poole | Sep 17, 2010 | Blog
The contrast between an aggressive policy of jump-starting growth and putting Americans back to work and the old, failed trickle-down economics formula was on sharp display Thursday in a mini-debate on CNBC Thursday between Robert Kuttner of The American Prospect and...
by Dave Johnson | Sep 17, 2010 | Blog
Here is a tax trick you hear all the time: we shouldn't tax corporations because they just "pass the taxes along to consumers." Go to any of the usual anti-tax, anti-government sites and you'll see them trying to trick people with this. First of all, if companies...
by Bill Scher | Sep 17, 2010 | Blog
As the President and congressional leaders propose letting the Bush tax cuts expire for those earning more than $250,000 a year, conservatives in Congress are screaming "class warfare!" Of course, if establishing different tax rates for people with different incomes...
by Richard Eskow | Sep 17, 2010 | Blog
Sometimes our political commentariat seems to go fashion-crazy. When a new trend gets popular it overwhelms everything in its path: logic, poltical divisions, even expert opinion. The latest vogue is deficit reduction, and our nation's Anna Wintours tell us we simply...
by Isaiah J. Poole | Sep 16, 2010 | Blog, Economy
Senate Finance Committee chairman Max Baucus has introduced a bill today that is a frankly unadventurous mix of jobs initiatives and tax incentives, with a healthy dose of loophole-closings to make sure that it can be presented as revenue-neutral. (Don't accuse Baucus...
by Mary Bottari | Sep 16, 2010 | Blog
American taxpayers bailed out the big banks. Now many of those banks are returning the favor by extending credit to payday lenders who sucker consumers into a spiraling debt trap. That is the claim in a new report published this week by National People’s Action (NPA),...
