Relevant and even prescient commentary on news, politics and the economy.

Tax Policy: You Can’t Handle the Truth

ProGrowthLiberal at Econospeak reminds us of a central tenet myth of this electoral campaign, and an example of political pressure on information sources: Tax Policy: You Can’t Handle the Truth Sahil Kapur reports on something that does not surprise me on two levels: The author of a Congressional Research Service study, who found no evidence […]

Romney shows he’s a "know-it-all" who has no real ideas at all

(Dan here… This one is still relevant.  I let it hang in drafts by mistake.) by Linda Beale Romney shows he’s a “know-it-all” who has no real ideas at all. I missed almost all of the first debate but watched most of this second one.  My quick sum-up of the action was the Obama was […]

Romney’s CRUT Tax Shelter

by Linda Beale Romney’s CRUT Tax Shelter\ The Bloomberg press has looked further at Romney’s use of trusts and other arrangements to avoid taxes, using Freedom of Information Act requests to obtain more information than was released by Romney in his meager tax return release. Romney established a charitable trust in 1996 of a type […]

Discussing Tax Increment Financing on TV

by Kenneth Thomas Discussing Tax Increment Financing on TV I recently appeared on a local public access TV show, Conversation with Lee Presser, discussing tax increment financing and European Union subsidy control regulations. It’s a great format, just an almost 30-minute discussion without interruption, which allowed me to explain the problems with TIF as it […]

Hurricane Sandy and climate change

Reader Jan Galkowski sends this caution about promoting Hurricane Sandy as the result of climate change.  The following is taken from an e-mail to me yesterday: There’s a lot being written about Hurricane Sandy in connection with climate change. It is likely that this hurricane was exacerbated by human induced climate change, notably the excessively […]

Starve the state; support traditional families (only)

by Linda Beale The right-wing’s “breadwinner conservatism”–starve the state; support traditional families (only) Many of us who think about tax and economic policy have been confounded by the tendency of lower-middle-class families to vote Republican, which means they are ultimately voting against their own economic interests for a party that wants all the benefits of […]