Economy
Astoundingly Legal Corporate Tax Thievery
If you get a speeding ticket, do you get to deduct the fine from the income tax you owe? Then why should JPMorgan Chase be able to deduct from its taxes a $20 billion fine for wrongdoing as a cost of doing business?
A Step Forward in the Battle Against Corporate Inversions
At a Senate Finance Committee hearing this week, the committee chairman and a panel of witnesses were united in supporting immediate action to combat "inversions," an increasingly used tax-avoidance tactic.
The Achilles' Heel Of Paul Ryan's Latest Antipoverty Program
The aims of Rep. Paul Ryan's latest antipoverty vision sound noble. But the core of his proposal has a fundamental flaw: Block grants to states have proven ill-suited to the task of reducing poverty.
The Rise of the Bankster Landlord
One of the most startling trends to come out of the wreckage of the 2007-2008 financial crisis is the explosion of Wall Street firms buying up and renting out property all across the country. This is insane -- it’s a recipe for disaster.
Narcissists Gone Wild! Excessive Compensation Can Ruin A CEO's Judgment.
Narcissists don’t happen to be particularly nice people. They preen. They grab. And they never ever really feel our pain. New research shows that extremely self-centered people also don’t make particularly effective corporate CEOs.
What I Learned From My Minimum Wage Job
Sen. Rand Paul mocked the Obamas for wanting their daughters to experience working for minimum wage. My experience taught me “the value of work,” and to value workers for whom earning a living isn’t always fun, stimulating, or fair.
GOP Plays "Snake Line" Politics With The Child Tax Credit
As is usually the case with the conservative extremists who dominate the House, when it says it is about to "improve" something, that's the signal that for a lot of struggling families, things are actually about to get worse.
Shiftless Corporations Renounce America
Corporations that “invert” park their assets, staff and sales in the U.S. But with their sham overseas addresses, they won’t pay taxes on foreign income to the country that protects them.
Arrested for Being Too Poor To Afford Child Care
There's no margin of error for low-income working parents. There's no “plan B,” because there's barely enough resources for “plan A.” If just one thing goes wrong, “plan A” crashes and burns, taking the rest of someone’s life with it.
Congressional Staff Find 40 Minutes Of Being Poor In America Exhausting
Several members of Congress and a few dozen staff members participated in a poverty simulation on Capitol Hill designed to give a taste of the stress, confusion, and backbreaking toughness of being poor in America.
