Tag Archives: Taxes

Report: Fundamentally Unfair Tax System In Every State

Report: Fundamentally Unfair Tax System In Every State
A review of all 50 state tax systems finds: Virtually every state tax system is fundamentally unfair, taking a much greater share of income from low- and middle-income families than from wealthy families; The lower one’s income, the higher one’s overall effective state and local tax ... Read more

Economists Say We Should Tax The Rich At 90 Percent

Economists Say We Should Tax The Rich At 90 Percent
Above: Members and supporters of Welfare Rights Committee stand in front of banner after April 15 “tax the rich” protest. (Fight Back! News/Kim DeFranco) Kindermann and Krueger say that a top marginal tax rate in the range of 90 percent would decrease both income and wealth ... Read more

The Limits of Corporate Citizenship

The Limits of Corporate Citizenship
By treaty, the U.S. government can’t (and shouldn’t) discriminate against foreign corporations offering as good if not better deals than American companies offer. So if Walgreen as a Swiss company continues to fill Medicaid and Medicare payments as well as, say, CVS, it’s likely that Walgreen will continue ... Read more

What Would You Do If You Had Political Power?

What Would You Do If You Had Political Power?
We're continuing our series of interviews with Gar Alperovitz about what's next. What might a new economy look like? And in this segment of the interview we're going to ask Gar a question which we're going to be trying to answer over the next few years: what would you do if you ran Baltimore? What ... Read more

Inequality Data & Statistics

Inequality.org   Inequality data and statistics give us an important incite into the state of our economy and the health of our society. In this section, we offer quick takes on economic inequality, as categorized in five key areas: income, wealth, global, health, and racial. In each category, we chart some ... Read more

US debt deal: how Washington lost the plot

Politicians and the media are obsessing on debt, deficit and cuts, but the real story is a stalled economy and rising unemployment   Dean Baker guardian.co.uk, Monday 1 August 2011 Debt relief? Senate Republican leader Mitch McConnell gives a thumbs up when asked if a deal had been agreed. Photograph: Astrid Riecken/Getty Images President ... Read more