Hypocrites with Fat Wallets: CEOs Want It All
America's top corporate executives love lecturing the rest of us about 'fiscal responsibility.' They want us to expect less from government. But they expect more, and a new report shows...
Taxes
Why Are Luxury Car Sales Growing at Record Rates — In a Recession?
The world has been mired in recession since 2008 -- nowhere more so than in Europe. It might thus come as some surprise that sales of super-luxury cars are booming...
Retirement Vehicle or Giveaway to the Rich?
The uproar over the future Social Security benefit cutbacks in the new White House budget proposal has overshadowed a little-known retirement tax break that, unlike Social Security, really does need...
At Tax Time, Our Emperors Have No Clothes
Today's conventional wisdom in Congress on taxing the rich — that tax rates on income at our economic summit have gone as high as they can sensibly go — has...
Government Exists to Serve the People, not the Privileged
Many Americans feel like our political system does not fairly represent the views of the majority of the people. Politicians seem to be perpetually out of touch with realities on...
The Problem Isn’t Growth; the Problem Is Inequality
On February 12, 2013 US President Barack Obama will give his fifth state of the union address to Congress. Early reports are that he will focus on economic growth. The...
The Tax Legacy of George W. Bush: It Lives!
The Bush years gave America's rich new and unprecedented preferential treatment at tax time. The fiscal cliff deal enacted in the early moments of 2013 leaves that preferential treatment in...
Who Won in the Fiscal Cliff Deal?
Who won in the fiscal cliff deal? The lawyers won. Well, not just the lawyers. The lawyers, the doctors, the dentists, the middle managers, the advertising executives, the whole MBA...
On Corporate Taxes, Britain Follows U.S. Lead
American companies have no monopoly on avoiding taxes. British companies are also paying less in tax while reporting record profits. And American firms operating in Britain happen to be some...