How Corporations Built to Loot Lobby to Win
Some of America's most flush corporations are demanding a tax holiday on their profits sitting offshore. But the last holiday, a new Institute for Policy Studies report makes clear, produced...
Taxes
No Tax Holiday for Corporate Job Destroyers
Uncle Sam should support built-to–last companies, not built–to-loot enterprises. A powerful coalition of U.S.-based global companies is lobbying hard for a “tax holiday” on offshore profits. Companies like Google, Apple,...
A Tax Plan to Rally Around: The Buffett Rule
If you care about the future of the republic, the health of our communities, and the prospects for a transition to a new green economy –the fight over taxation and...
On a Rogue Billionaire, the Banging Begins
Investor Warren Buffett last week made an insightful case for higher taxes on America's rich. The reaction to that case, from our wealthy's most ardent defenders, offers insights, too —...
Doing Debt Ceiling Battle the FDR Way
At times of fiscal crisis, President Franklin Roosevelt believed, you don't give the awesomely affluent a free pass. You pound them — and then you pound some more. Against a...
The ‘Optimal’ Tax Rate on Ultra-High Income?
Rich people-friendly lawmakers subscribe to a theory that considers any tax increase on the rich a reckless step down a slippery slope to economic disaster. Two top economists have just...
Tim Pawlenty’s Dippy Dive into ‘Deep Doo-Doo’
A top 2012 GOP candidate says the tax cuts for the rich he's proposing will expand America's 'entrepreneurial' class. What does history say? Last week, in a “major policy address,”...
Ten Years After Bush Tax Cuts, Pawlenty Offers Reckless Plan
10 years on, the Bush tax cuts are a disaster—and we're contemplating more tax breaks for the wealthy. How can we stop the madness? GOP candidate Tim Pawlenty observed the...
A Decade of Magical Tax Cut Thinking
The 2001 Bush tax cuts added $2.5 trillion to the national debt and disproportionately benefited the wealthiest households. Have we learned anything? Republican leaders in Congress have a one-point program...