What impact would Congress have on corporations if it were to change the amount of tax-deductible executive performance-based compensation downwards from $1 million to $500,000? The portal to the upper 1% of household taxpayers in income is $500,000 in normal income. If Congress were to limit tax-deductible performance-based income to $500,000, the change would put […]

Thanks to the Affordable Care Act, some 10 million previously uninsured adults gained coverage during the open enrollment period that began on October 1, 2013. Last month, the New England Journal of Medicine reported that the share of Americans who are “going naked” has plummeted from 21 percent in September of 2013 to 16.3 percent […]

Remember that old jingle Burger King used in it’s advertisements? Well it looks like Burger King is determined to have it “their” way by merging with Canada’s Tim Hortons in a take over of the company. Not that Canadians will be happy with this merger as they were not according to rumor the last time […]

[T]here is probably no one more gung ho for Obamacare repeal than [Senate Republican nominee] Tom Cotton. He talks about it all the time. So he obviously would roll back the Arkansas version of the state’s Medicaid expansion, right? Well, he has consistently refused to say. And in a new interview this week, Cotton was pressed on […]

Noah Smith thinks on the implications of a feeling of belonging to America in relation to Fergeson, MI. Edward Harrison’s comments 6:21 PM are worth noting.

From Tom Dispatch author Matthew Harwood points out the rapid growth in the use of SWAT teams for regular police functions: In 1984, according to Radley Balko’s Rise of the Warrior Cop, about 26% of towns with populations between 25,000 and 50,000 had SWAT teams. By 2005, that number had soared to 80% and it’s […]

The shooting death by police of Ferguson, MO teenager Michael Brown, and what has happened in the aftermath, has been blanketing the news for the past few days. It’s a story about race, but it’s also become a story about the power of the state and how it’s wielded, and against whom. So my question […]

(lightly edited for ease of reading) Yesterday the Conference of Mayors and the Council on Metro Economies and the New American City released a report prepared by IHS Global Insight that is a repeat and thus update of a similar study performed after the 2001 – 2002 recession.  Income and Wage Gaps Across the US. I […]

I have been somewhat of a thorn in the Michigan Republican’s side as I know about the PPACA, can explain how it will benefit Michigan, can show by the Governor’s own report it will not cost Michigan anything up to 2027/28, and I can refute the arguments using economic data on other topics. I have […]

Via Truthout comes this post on the US Post Office: The post office makes a profit — expected to be more than a billion dollars this year. Yet, the media keeps reporting that the USPS is losing billions of dollars each year. What they fail to mention is that those are phony paper losses manufactured […]