How to kill Social Security in 2 easy steps Here’s Kevin Drum advocating for step 1: the best way to address retirement security is to continue reforming 401(k) plans and to expand Social Security—but only for low-income workers. Middle-class workers are generally doing reasonably well, and certainly as well as they did in the past. We don’t […]
Election Tax Returns In an effort to force our present president when running for re-election and future presidential candidates to release income tax returns, California passed SB249 Disclose Act. California became the first state to require presidential candidates to release their tax returns in order to appear on the state ballot. Lawmakers sent Gov. Jerry […]
“ In Cutting Deals With Trump, Are Democrats Walking Into a Trap?” Over the weekend the mainstream press published a flurry of articles about Donald Trump, the pragmatic independent outsider who has no loyalty to any party and will work with anyone to Get Things Done. This excited reaction was in response to the president’s […]
Via Alternet: Why a Case Against a Dark Money Charter School Group Is Great News for Democracy Billionaire charter school backers in Massachusetts wanted their identities kept secret. In one of the most important decisions ever about dark money in politics, a Massachusetts charter school advocacy group has been ordered to make the names of […]
On September 7, I pointed out Republicans are preparing Another Assault on the PPACA/ACA in 2017. Republican senators Lindsey Graham S.C. and Bill Cassidy LA are making a last stand in an effort to repeal and replace the ACA by “proposing legislation doing away with many of the subsidies and mandates of the 2010 law. […]
WHO OWNS THE WEALTH IN TAX HAVENS?, an NBER working paper, points to following the money: Drawing on newly published macroeconomic statistics, this paper estimates the amount of household wealth owned by each country in offshore tax havens. The equivalent of 10% of world GDP is held in tax havens globally, but this average masks […]
“If you tax investment income what will people do? Stuff their money in the mattress?” Steve Roth | October 15, 2012 9:25 pm Richard Thaler asks exactly the right question. This from the latest IGM Forum poll of big-name economists, on the effects of taxing income from “capital.” I’ve been over this multiple times before, […]
The Good: Miami Florida Mayor Tomas Regalado Wants to Discuss Climate Change: To Donald Trump, “’This is the time to talk about climate change. This is the time that the president and the [Environmental Protection Agency] and whoever makes decision needs to talk about climate change,’ Regalado told the Miami Herald. ‘This is a truly, […]
Think Progress reports: Limbaugh did not recant his earlier statements about Irma, and he did not encourage his listeners in the area to evacuate. In fact, Limbaugh seemed to even double down on his earlier views. “The views expressed by the host of this program [are] documented to be almost always right 99.8 percent of […]
The Present If you thought it was over, it is not. Now that Schumer/Pelosi have removed the debt limit issue in front of Republicans with a Trump agreement, one more impediment to assaulting healthcare has been cleared away. John, I have cancer and have healthcare, McCain has come out to support a bill proposed by […]