Economy and Business
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.
Free Trade’s Winners and Losers in Latin America
President Barack Obama is traveling to Latin America, seeking refuge from budget battles at home by promoting increased trade with countries across the region. During his trip to Chile, Brazil, and El Salvador, he’s expected to highlight the benefits of so-called “free trade” to U.S. and Latin American businesses.
The Corporate-GOP Attack on America’s Middle Class
Wisconsin Governor Scott Walker’s autocratic attempt to abrogate the democratic right of public employees to bargain with their governmental bosses is not wearing well with the public. Recent polls show that a mere one-third of Wisconsinites favor his blatantly political power play, and that if he had told voters in the last year’s election that he intended to do this, he would’ve lost.
