Taxing Progressively
Bad News for Billionaires — and a Chihuahua or Two
Progressives in the U.S. Senate have introduced a potent package of estate tax reforms that would, if enacted, start seriously trimming America’s most super-sized hoards of private wealth.
A Painless Fix for America’s Budget Squeeze
An emergency 1 percent ‘wealth tax’ on the nation’s richest 1 percent could raise enough revenue to keep teachers on the job and libraries open. But our dysfunctional political system can’t even raise that possibility.
Must Congress Always Cave at Crunch Time?
With millions of Americans out of work and hurting, lawmakers who claim they worry about budget deficits spent last week forcing ‘compromises’ that will save hedge fund kingpins billions in taxes.
‘Overtaxation’: Our Phoniest Problem?
Friends of the financially fortunate are trying to turn reality upside-down — and save our undertaxed rich mega billions in the process.
A Historic Breakthrough for U.S. Billionaires
In 2010 America, schools, students, and teachers share the pain. The heirs to our mega rich, meanwhile, don’t have to share anything. For the first time in nearly a century, we have no federal estate tax.
Health Care Reform’s Hidden Tax Gem
The new health care reform legislation that President Obama has signed into law takes a little-noticed but precedent-setting swipe at executive pay excess.
Budget Cuts in Perspective: A Tale of Two Ikes
Local government elected leaders are claiming we have no alternative to king-size budget cuts. But their numbers don’t add up.
The ‘Party of No’ May Now Rate a New Label
Republicans in Congress have introduced a breathtaking new budget plan that would essentially put America’s plutocracy on steroids.
Not Soak the Rich, Just a Little Sprinkle
President Obama’s new federal budget blueprint won’t end plutocracy in America. But this second Obama budget, if adopted, might actually inconvenience it.
A Banker Bonus Dilemma for Reformers
Would a stiff tax on banker bonuses blunt Wall Street profiteering — or let the vast majority of America’s wealthy off the hook?
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