The Devil Is in the Taxes

The Devil Is in the Taxes

While pretty much everybody agrees that the U.S. tax code is a mess, nobody does anything about it. Oh, politicians talk about doing something, but mainly what they do is make it worse. There’s a reason for this. You. You’re the reason. People, alas, tend...
The Devil Is in the Taxes

The Real IRS Scandal

For weeks, we watched Representative Darrell Issa and the conservative media circus concoct a “scandal” surrounding the IRS’s handling of applications by tea party groups for tax-exempt status. The California Republican and his allies then sought to...
The Roaring Twenties Are Back

The Roaring Twenties Are Back

Not much left Worth fighting for; The rich already Won the war. Many of us who have reached Social Security age had a pretty good run. We lived through those heady days that followed the Great Depression and World War II, a delightful — though brief — moment in U.S....
Predistribute the Wealth

Predistribute the Wealth

Sometimes we need new words to grasp new ideas. Frances O’Grady, Britain’s highest-ranking labor leader, has coined one of these handy new words: predistribution. Why does O’Grady, the general secretary of the UK’s Trades Union Congress, want us talking...
The Tradeoff Between Apple and Apples

The Tradeoff Between Apple and Apples

In May, Americans watched as Apple CEO Tim Cook defended his company’s tax avoidance strategies before a Senate investigative panel. Prior to the hearing, Senate investigators released a report documenting Apple’s use of accounting gimmicks to shift $74...