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Is Congress Finally Ready To Seriously Tax the Rich?

How much has the uproar over the bonuses at AIG impacted America’s political discourse? This much: We now have elected leaders on Capitol Hill, for the first time since World War II, openly talking about slapping a 100 percent top tax rate on the income...

Lack of a Better Idea

I've seen more than one op-ed or blog post about why the idea of taxing bonuses handed out by banks that accept bailout funds — as the House just voted to do — is a bad idea.What I haven't heard is a better one. Plans to tax bonuses at financial institutions that have...

AIG Bonuses: Fooled Again

This is one of those times when I really hate to say, "Told ya so." But... Well, I did. It was bloggers, by the way, who broke the news that the CEO salary restrictions in the TARP bill were toothless. It was bloggers who infiltrated today's equivalent of a smokey...

Don't Feed The Blue Dogs

Yesterday, the Washington Post front page blared "Anger Over [AIG] Depletes Obama's Political Capital." And today, we see more vocal criticism from

Time To Dog The Dogs

Who stands in the way of the reforms vital to get us out of the deep hole we are in? Republicans, of course, have decided to be the party of "no," staking their future on President Obama's failure. But that isn't a surprise. The entrenched interests whose oxen get...

It's Not Just Rush

It's almost enough to make you feel sorry for Republicans. Trounced in November's election, faced a popular president, and a voting public that seems to have rejected their conservative politics, now they're stuck with Rush Limbaugh as the de facto head of their...

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