5 Myths about Taxes
Bob Stoker (via TheMonkeyCage ) tries to shed light on the darkness by dispelling 5 myths about taxes. Myth #1: Federal taxes are higher than they have ever been. According to the Congressional Budget...
View ArticleNews Flash: Federal Taxes Have Plummeted
David Cay Johnston reported this a few weeks ago and I almost missed it. It’s particularly relevant, though, what with official Washington talking about how to cut spending, restrain the deficit, etc....
View ArticleCEO’s Pay Grows, Average Worker Pay Stagnates
The top end of the income distribution has recovered from any ill effects of the Great Recession, but the average worker has not. CEO’s in particular saw their compensation increase 27% in 2010, while...
View ArticleMore on Tax Fairness – We Pretty Much Have Flat Taxes Now
In the last couple of days I’ve posted a couple times on taxes. In one post, I observed how hedge fund managers have radically lower tax rates than the most of us because of a loophole introduced in...
View ArticleCan We Afford to Raise Taxes On High Incomes? Can We Afford Not To?
Another tax related post. It appears that taxes, in particular, taxes on the top income bracket will be a major topic of debate propaganda for the next year and a half until the next presidential...
View ArticleHerman Cain’s 9-9-9 Plan and the 99%
In the constantly churning pool of Republican Presidential candidates, a seemingly political newcomer has risen to the top (for now): Herman Cain. Mr. Cain, the former CEO of Godfather’s Pizza where...
View ArticleSo Who Pays For the Government and How?
I’ve always found putting things in historical perspective and looking at the long-term trend of things usually illuminates a lot of policy discussions. It’s easier to see “what’s really happening” if...
View Article
