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Why 2016 May See a Record Top 1%

How much income do you want to report next spring on your 2016 tax return? For most of us, that question rates as downright silly. We don’t get to choose how much income we report on our tax returns. The vast bulk of our annual income comes from our paychecks. We just...

Halloween Horror: Trump’s Poll Trolls

              Image by Ryan Merkley on Flickr Republicans have conjured for Americans a monster more frightening than any Hollywood has ever produced for Halloween. It pales “The Shining.” It is a two-headed beast Donald Trump calls...

A Progressive Path Forward On Trade

Economist Jared Bernstein says "corporate capture" of our trade process isn't the only thing we have to fix for trade to benefit all of us. We also have to do something about "excess savings." He means trade imbalances. Monday's Progressive Breakfast informs us that:...

Tax Fairness Group Petition: Curb Extreme Family Wealth

"The man of great wealth owes a peculiar obligation to the state because he derives special advantages from the mere existence of government." - Teddy Roosevelt 1906 You and I pay income tax on our income. But what if you get a huge chunk of income by inheriting vast...

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