Piketty wouldn’t raise taxes on income, which thriving professionals have a lot of; he would tax investment capital, which they don’t have enough of. — David Brooks, The Piketty Phenomenon, New York Times, today Alexandra Petri has a trademark-funny piece today in the Washington Post that she promises tells you “[e]verything you need to know […]
Monday, April 21, was 2014 Tax Freedom Day®, according to the Tax Foundation. The Tax Foundation is not exactly known for unbiased research, and its promotion of Tax Freedom Day® is no exception. The Foundation claims that Tax Freedom Day® is “a vivid, calendar-based illustration of the cost of government.” In other words, instead of […]
I haven’t beaten the drum lately for Lane Kenworthy — perhaps the best researcher out there on the economic effects of income and wealth distribution. His years of careful, diligent (and voluminous) statistical and analytic work, tapping the best data sets available, and his cogent, coherent explanations of his findings, should get a lot more attention […]
The latest numbers on 2014 taxes as share of income are out, and they’re saying pretty the same thing as last year: Above about $80K a year in income, the American tax system is not really progressive. Like, at all: The people making $100K a year pay about the same share of income at people making $10 […]
“There is no right more basic in our democracy than the right to participate in electing our political leaders.” That’s how Roberts began the opinion. So I guess we can now assume that the Court will strike down all those voter-ID laws that so clearly impact that most basic of rights, and will do so […]
Andrew Ross Sullivan in Dealbook points to some benefits Looking at some corporate tax loopholes ordinary citizens may envy to acknowledge tax day…not very comprehensive, but a quick read. Two are listed here: U.S. PIRG highlighted a study conducted by the Government Accountability Office in 2005 that found that of 34 settlements worth more than […]
The American Legislative Exchange Council — which authors ultra-conservative legislation and promulgates it to state legislatures nationwide — has a little index measure of states’ “competitiveness,” which supposedly results in greater prosperity for those states that rank highly. Does it? Let’s let the numbers speak for themselves: Source (PDF). Cross-posted at Asymptosis.
That’s right, folks. It’s right here.
Roberts suggested that he believes Hobby Lobby and Conestoga Wood can bring forth claims of religious freedom, saying courts have held that “corporations can bring racial discrimination claims as corporations” and that “those cases involve construction of the term ‘person.’” — John Roberts Offers Conservatives A Way Out Of Birth Control Dilemma, Sahil Kapur, TPM, […]
When [U.S. Solicitor General Donald] Verrilli said the Court has never found a right to exercise religion for corporations, Alito wondered if there was something wrong with the corporate form that it would not be accorded religion freedom rights. Did Verrilli agree, Alito said, with a lower court’s view that the only reason for a […]