by Mike Kimel (from 2012) Tax Rates v. Real GDP Growth Rates, a Scatter Plot This post was submitted by Kaleberg. In this post, I will look at the relationship between top marginal income tax rates and real GDP growth using a scatter plot. I am inordinately fond of scatter plots. The nice thing about […]
by Hale Stewart (originally published at Bonddad blog) Why Would Anybody Invest When Capacity Utilization is This Low? A central selling point of the tax bill is that it will encourage investment. But that assumes that high tax rates were the primary reason why business wasn’t investing. Instead, the data says business investment is weak because […]
GOP Congress: my (wealthy) donors made me do it The GOP’s tax-complicating, deficit-increasing, wealthy-subsidizing, Arctic destroying, Health Care damaging, $1.5 trillion tax “reform” package is unpopular with most Americans, destructive to the government’s ability to fund needed programs from disease prevention to FEMA to basic research to needed infrastructure improvements, and wildly popular with the […]
Black Mirror Big Data Becomes Big Brother In China And maybe coming soon to the US as well, enough to make Orwell sit up and take notice. The first show of the 2016 season of the sci fi TV show, “Black Mirror,” called “Nosedive,” showed a future society where people have overall social scores (1-5) […]
The 2021 Omnibus Repealer and Clawback Act A saving grace of 2017 — up until now — is that Trump and the GOP have been the Keystone Kops of Kleptocracy, consistently faceplanting in attempts at regressive domestic legislation. With the passage of the GOP tax bill, that all changes. Not only is it a massive […]
Do GOP House and Senate reps even know what they voted for? The House passed the awful “tax complication bill of 2017” on Tuesday. The Senate had to make a few changes because it didn’t comply with the Byrd rules, and then will presumably pass it today. It’ll go back to the House where the […]
The Missing Piece in Plans for an All-Electric Vehicle Fleet: Electricity The New York Times has a piece today on barriers to the replacement of internal combustion-powered vehicles to an all-electric fleet in the United States. It talks about production costs, the availability of key minerals and the need for a charging station infrastructure, but it oddly […]
From Employer Coverage to Single Payer Health Insurance This holiday season I’ve heard several tales of woe from working class acquaintances, mostly self-employed, about Obamacare: how they are just above the subsidy cutoff and would rather pay the fine than buy expensive individual policies, or how they are just below and can’t afford to put […]
Corporatizatizing The All-Administrative University One of the few good things that appears to have happened in the conference committee on the generally awful impending GOP tax bill is that the hits students were going to take have been eliminated. However, even without that additional burden, college students face costs that are far higher than any […]