Economy and Business
Hey Congress, Want $400 Billion in New Annual Revenue?
Have you heard? America is broke, according to many governors and lawmakers.
Fair Taxation Requires More Brackets at the Top
So many governors are hammering their budgets with a “we’re broke” message these days that it’s amazing our country hasn’t shattered into a thousand separate islands. More and more, however, rational voices are correctly asserting that we’re not broke.
Finally: Fairer Tax Reporting
Employers have reported the income all Americans earn from regular jobs to the Internal Revenue Service since World War II. Starting this year, U.S. taxpayers and their brokers finally have to do the same thing with the income earned from capital gains.
Japan’s Earthquake Jolts Shreveport
The corporate chieftains who’ve relentlessly pushed American factories and middle-class jobs offshore rationalize this globalization of production by declaring that it’s all about efficiency, as though that’s the highest value to which a civilization can aspire.
Where Will We Find the Money?
Nuclear Power Rips off Taxpayers
We have all watched the nuclear emergency that followed Japan’s tragic earthquake and tsunami with fear and sympathy for those in the surrounding community and admiration for the brave crews working to reduce the harm and risks of radiation exposure.
Budget Cuts and Corporate Tax Cheats
Like many Americans in their early 20s, I work four part-time jobs and can barely pay my rent. My bank balance vacillates between double and triple digits.
CEO Pay Bashing, Tea Party Style
Even hypocrites can sometimes have a point. Take Jim DeMint, for instance, the U.S. senator–and tea party favorite–from South Carolina.
Entrepreneurship by Necessity
There’s a silver lining in the dark cloud of the Great Recession. A new Census Bureau report reveals that from 2002 to 2007, the number of black-owned businesses in the United States increased by 60.5 percent to 1.9 million–more than triple the national rate.
Big Bankers Aren’t Like the Rest of Us
You may have noticed that laws governing you and me tend to be rather rigidly enforced, whereas laws governing banking and finance are more loosey-goosey.
