‘Tis the Season to Shop Tiffany’s
Retail sales are up in the top 1 percent's Plutonomy, but down in the Realonomy where the other 99 percent live. By Salvatore Babones The economy is expanding, the unemployment...
Salvatore Babones
Make the Payroll Tax Cut Permanent
A basic principle of modern tax theory is that rich people should pay more as a percent of their income than poor people. The more income you have, the less...
Making the Payroll Tax Cut Revenue-Neutral
President Obama and Republican leaders are currently debating whether or not to extend the 2011 Social Security tax reductions for one more year. The usual Social Security payroll tax is...
British and Greek Workers Strike for All of Us
Government workers went out on strike in Greece and the United Kingdom last week. The two strikes are unrelated, but they share the same root causes. In both countries the...