by Chuck Collins | Apr 10, 2015 | Blog, Economy, Financial Reform, Tax Reform
This tax season, America’s billionaires are toasting you, the ordinary taxpayer. That’s because you’re the one picking up the tab for our nation’s ailing infrastructure of roads, bridges, and rail transport. You’re also footing the bill for military forces, disaster...
by Robert Borosage | Apr 9, 2015 | Blog, Tax Reform
Next week as Congress returns, House Republicans will address what they consider one of the nation’s most pressing problems: relieving the tax burden on the wealthiest 0.2 percent – two of 1,000, the multimillionaires – by eliminating the estate tax. Its repeal will...
by Sam Pizzigati | Mar 5, 2015 | Blog, Tax Reform
Nearly a quarter-century ago, in 1991, a member of Congress angry about spiraling corporate CEO compensation introduced legislation he hoped would end that spiral — and help raise stagnant American worker wages. That legislative proposal from Rep. Martin Sabo, a...
by Isaiah J. Poole | Mar 3, 2015 | Tax Reform
While conservatives (and many financial elites) attack progressives for harboring resentment against the wealthy, the chairman of the Senate Finance Committee today reminded us that conservatives harbor their own resentments against the people Mitt Romney infamously...
by Isaiah J. Poole | Feb 13, 2015 | Conservatism, Tax Reform
Here's a question to ask New Jersey Gov. Chris Christie the next time he appears at a public event: "Why is it in your state the top 1 percent of income earners pay state taxes at a rate that is on average 28 percent less than what middle-income earners pay?" Then...
by Robert Borosage | Feb 2, 2015 | Blog, Economy, Tax Reform
President Obama rolls out his budget today, triggering the next salvos in the debate about America’s future. The president’s budget calls for ending the destructive caps on federal spending known as the “sequester.” It would make vital investments in infrastructure,...