CHUCK SCHUMER’S TOUGH BALANCING ACT: CNN reports on an interesting dynamic to keep an eye on: “For Schumer, the challenges will be formidable. He’ll have to listen to the vocal and outspoken progressive wing of his caucus, led by Massachusetts Sen. Elizabeth Warren and Vermont Sen. Bernie Sanders, who have legions of supporters. But he also has […]

There are several excerpts from the news media since Tuesday night that help drive home the point I make in that title about Trump and the Democrats in the immediate future.  But the excerpts are about Clinton, not Trump: There are several excerpts from the news media since Tuesday night that help drive home the […]

In my last post, I looked at the top ten immigrant groups by country of origin to the US, ranked by their per capita income in the US. In this post, I want to look at the bottom ten countries. Here’s some information on those countries (data sources mentioned at the bottom of the post): […]

by Mike Kimel The Top 10 Performing Immigrant Groups in the US – Lessons Learned First, I’d like to apologize. An earlier version of this post was taken down because I sent it with the wrong table. This version has the correct table, and I added a bit of verbage as well. In my last […]

Portland, Oregon’s government will be the first to test the legislative waters on excessive CEO pay by companies if passed the city board December 7, 2016. If the pay of a CEO exceeds 100 times of what a typical company employee makes, a surtax will be assessed the corporation. More than 500 corporations do enough […]

Sarah Anderson at Institute for Policy Studies writes about how the 1993 reform to rein in runaway CEO pay by capping tax deductions of executive compensation at $1 million created a loophole as it did not apply to stock options and other performance pay methods. More-performance-measured-income to executives paid out, the lower the company income […]

Authored by Mike Kimel In this post, I will explain the annualized growth rate in real GDP per capita using tax rates and the percentage of the population that is foreign born using data for the United States.  The data shows the following: A. the tax rate that maximizes economic growth is higher than you […]

CLEVELAND — Hillary Clinton entered the final phase of her campaign on Friday, working to ensure a victory that is decisive enough to earn a mandate for her presidency and a surge of voters to help Democrats win congressional races. Emerging from a nine­-day absence from the trail, Mrs. Clinton seized on the momentum of […]

After the first debate, there was some criticism of Clinton that she came off as “too prepared”—a semantic contrast to Trump’s lack of preparation—and then criticism of the criticism: How can someone be too prepared for something? The answer to that question is that what was really meant by “too prepared” was “too programmed.” That […]

In a speech to a Morgan Stanley group on April 18, 2013, WikiHillary praised the Simpson­Bowles deficit reduction plan, which included reforming the tax code to increase investment and entrepreneurship and raising certain taxes and trimming some spending and entitlements to make them more sustainable. The ultimate shape of that grand bargain could take many […]