Occupy the Budget

Occupy the Budget

Some lawmakers are trying to give America the cartoon image of a penniless hobo, circa 1932, with holes in his pants and nothing but a cold can of beans for dinner. We’re broke, they say, with no choice but to slash spending on public services. The truth is that...
Luck Matters

Luck Matters

In their unbending opposition to raising a penny more in taxes from even the wealthiest Americans — even in the midst of a government debt crisis and shrinking public budgets — extremist politicians paint all rich people as self-made, entrepreneurial “job...
Equal Taxation for Wealth and Work

Equal Taxation for Wealth and Work

America’s No. 1 problem is sluggish job growth. No. 2 is the explosive growth in the income gap between the favored few and the broad middle class. Fairly taxing income from wealth could make progress on both fronts. First, some background. President George W....