The Common Sense Tax

The Common Sense Tax

It’s nothing new for Wall Street to work every possible angle so it can squeeze additional profits out of trades. It’s the job of lawmakers and regulators to make sure that Wall Street does not rip off investors or endanger the financial system’s...
Close Loopholes, Fix Potholes

Close Loopholes, Fix Potholes

America has an infrastructure crisis. We see signs of it every day: We hit bone-jarring potholes as we drive. We face long detours as bridges are closed for emergency repairs. When water mains break, businesses must temporarily close and homeowners have to boil their...
Happy Times in Hedge Fund America

Happy Times in Hedge Fund America

Pharrell Williams should be happy. The singer has had the world’s hottest pop single over the past six months. His Happy has been topping the charts everywhere, from the United States to Bulgaria. If this bouncy ditty keeps selling, Williams might even end 2014...
Psssst, Wanna Buy My Corporation?

Psssst, Wanna Buy My Corporation?

Where’s Charles Dickens when we need him? The novelist, who laid bare the shame of gross income inequality in 19th century England, came up with some perfect names for his more despicable characters, including Scrooge, Mr. Tulkinghorn, and Miss Havisham. So...
When Corporations Get Too Big to Tax

When Corporations Get Too Big to Tax

Wouldn’t it be nice if the government paid you on Tax Day? I’m not referring to getting a tax refund because you overpaid the federal government or a safety-net benefit labeled as a tax refund under the “Earned Income Tax Credit” rules. I mean...
Devaluing Work and Workers

Devaluing Work and Workers

The Great Recession leveled a blow to the middle and working classes from which they haven’t yet recovered. Given that labor’s pay and prestige in America peaked in the 1960s, this isn’t exactly new. Still, it’s time that all our leaders took...