by Dave Johnson | Nov 26, 2014 | Blog, Economy, Tax Reform
The election is over. Congress is back in Washington. The first order of business after the election is to give big tax breaks to the corporations – $450 billion worth. Fortunately, President Obama is trying to do something about this. Tax Extenders Every year...
by Dean Baker | Nov 24, 2014 | Blog, Economy
December will mark the seventh anniversary of the beginning of the recession brought on by the collapse of the housing bubble. Usually an economy would be fully recovered from the impact of a recession seven years after its onset. Unfortunately, this is not close to...
by Sam Pizzigati | Nov 24, 2014 | Blog, Economy, Tax Reform
Average Americans have a choice at tax time. They can pay their taxes or risk going to jail for tax evasion. America’s corporate CEOs have a different set of tax-time choices. These CEOs can have the corporations they run pay Uncle Sam or they can have their...
by Isaiah J. Poole | Nov 21, 2014 | Economy, Progressive Vision
New York Mayor Bill de Blasio has issued a blunt critique of his fellow Democrats on why they lost the midterm elections and what they have to do to win electoral majorities again. In an interview with Danny Feingold at the news site Capital and Main, de Blasio said...
by Isaiah J. Poole | Nov 20, 2014 | Economy, Tax Reform
Walmart avoids paying on average $1 billion a year in federal taxes through aggressively exploiting tax loopholes – and it has an army of lobbyists working on cutting its tax bill by at least another $720 million, according to a report released today by Americans for...
by Ady Barkan | Nov 18, 2014 | Economy, Jobs and Growth
The Center for Popular Democracy’s Federal Reserve campaign had an incredible week. Last Monday evening, we publicly launched our national coalition of 20 community-based organizations, labor unions, and policy shops; by Friday afternoon, we had met with Federal...