Relevant and even prescient commentary on news, politics and the economy.

Romney is still hiding his tax history (Part IV)

by Linda Beale Romney is still hiding his tax history (Part IV) As I noted in several prior posts about the reasons that multiple years of the Romneys’ tax returns are essential to evaluating Romney as a presidential candidate, the fact that Romney has adamantly refused to release returns other than the 2010 actual return […]

Kevin Drum on Reid’s gambit on Romney’s taxes

Kevin Drum has an opinion on election tactics: Come on, folks. Reid didn’t say I’ll bet Romney didn’t pay any taxes. He didn’t say he talked to someone familiar with high earners who told him Maybe Romney won’t release his returns because he didn’t pay any taxes. He made a flat statement of fact. He […]

What’s Romney Got to Hide? (Part III)

by Linda Beale What’s Romney Got to Hide? (Part III) In the last two posts, I explored a number of fairly simple questions that might be raised about Romney’s activities that would be clarified by seeing multiple returns (hobby versus investment/business losses; business versus passive activity losses; amounts of preferentially taxed income; income reported from […]

What’s Romney Got to Hide? It’s past time for financial and tax transparency

by Linda Beale What’s Romney Got to Hide? It’s past time for financial and tax transparency As everybody who has followed anything about this election cycle knows, Mitt Romney–likely the wealthiest man to run for president, the only bankster/private equity fund founder (sole shareholder, CEO and manager) to run for president, and probably the only […]

Second Verse, the Same as The First

by Run 75441“Second Verse, the Same as The First”The story never seems to change . . . When you say that the high income earners, the top 20 percent, pay 90 percent of the taxes, what should they pay, 99 percent? These are the people who have enough money to invest in businesses and to […]

What would Romney say? What would Obama say? What would you say?

I noticed that the notion of income inequality and consequences was described outside the box in this article in the NYT. Several ideas struck me about the article.  How people can work side by side with such little connection in their lives is instructive.  The sense of ‘commons’ is missing from the article could be […]

by Mike Kimel A Partial Review of Bulls Bears and the Ballot Boxby Bob Deitrick and Lew Goldfarb A couple of years ago, Michael Kanell of the Atlanta Journal Constitution and I wrote Presimetrics. In it, we looked at how Presidents did on a wide range of issues – everything from abortions to the national debt. We measured […]

Lost Output Over $3 Trillion And Rising

by Kenneth Thomas Lost Output Over $3 Trillion And Rising Still traveling, so just a quick post, but this really can’t be emphasized enough. Andrew Fieldhouse at the Economic Policy Institute reports that the Congressional Budget Office now has cumulatively reduced its estimate of 2017 gross domestic product by 6.6% since the beginning of the […]

"The Red Light District of Sorts"

by Run 75441“The Red Light District of Sorts”The Democrats and the Republicans cannot agree on much these days. Because of the inability to agree, healthcare reform is aflame with controversy and in SCOTUS waiting for a decision on its constitutionality. Stimulating the economy languishes between cutting taxes for the rich in income to create jobs […]