by Robert Borosage | Apr 12, 2012 | Blog
The following was originally published at Politico Texas Gov. Rick Perry this week will try to revive his flagging presidential campaign by embracing an old conservative fancy — the flat tax, while calling for “scrapping the 3 million words of the current...
by Sam Pizzigati | Apr 12, 2012 | Blog
President Obama has proposed a specific new minimum tax rate for millionaires. Should America's rich feel angry or relieved? We check the IRS tax data archives for an answer. The most famous secretary in America works “just as hard” as her billionaire boss — according...
by Sam Pizzigati | Apr 12, 2012 | Blog
Can democracy, one top political scientist asked last week, 'function effectively in a society marked by vast economic inequality'? The fate of the modest new White House bid to tax our rich may tell the tale. Most Presidents of the United States end up with a...
by Isaiah J. Poole | Apr 12, 2012 | Blog
Later this week on the floor of the House of Representatives, several federal budget proposals embodying different approaches to our country's economic challenges will compete for attention. One of those, the Congressional Progressive Caucus's "Budget for All," offers...
by Isaiah J. Poole | Apr 12, 2012 | Blog
You know the KISS rule: "Keep It Simple, Stupid." When it comes to taxing wealth vs. taxing work, what's become known as the "Buffett Rule" is an elegant example of the KISS principle at work. Income is income. It should be taxed at the same rate, whether you've...