It would be easy to finance a big increase in Social Security by applying FICA taxes to income over $750K for Human Persons, and $10 million for Corporate Persons, Endowments, Trusts and other forms of hiding wealth.
|By: masaccio Sunday November 3, 2013 11:37 am|
It’s time to quit coddling capital.
|By: Jon Walker Thursday May 9, 2013 12:35 pm|
Solve this problem, get everyone into a single pool. This can be done either directly adopting single-payer or indirectly using all-payer.
|By: dakine01 Friday April 12, 2013 1:19 pm|
Word leaked last Friday (April 5) that Chained CPI was going to be part of President Obama’s budget, prompting me to point out a simple truth, “A Bad Idea Is a Bad Idea, No Matter Who Proposes It.” Of course, starting Monday, all the usual suspects and even a few somewhat surprising suspects started pushing the idea as a wonderful thing, maybe even as good as sliced bread.
|By: David Dayen Wednesday October 3, 2012 11:15 am|
Jared Bernstein of the Center on Budget and Policy Priorities has an important piece that reinforces something I’ve been saying for a long time. Contrary to the opinion of Michael Grunwald that there has been no austerity in Obama’s first term, Bernstein lays out the numbers that actually shows the austerity, in both the short- and long-term, that actually encompasses most of what deficit scolds seek in their grand bargain.
And this is actually a bad idea,.
|By: masaccio Thursday November 10, 2011 11:30 am|
Oligarchs hate that financial transactions tax, and they have senior administration officials in high places to protect their wealth from any tax, no matter how small.
|By: David Dayen Sunday September 11, 2011 4:45 pm|
The White House wants you to believe that the American Jobs Act is loaded up with bipartisan solutions once preferred by Republicans. And to some extent, that’s true. But there are a number of Easter eggs in here, policy ideas that originated with liberal policy groups. The White House may be touting the bipartisan bona fides on the top line. They may have frozen out the liberal policy shops for years. But when the time comes to save their bacon with jobs programs, they come back to the liberal wonks.
|By: masaccio Thursday June 16, 2011 12:27 pm|
The Beltway Consensus is that we can only use government to create jobs if we stay inside three constraints:
1. We can’t tax the rich.
2. Any structural change to the economy must not affect the profitability of any corporate person.
3. Government can only create jobs by giving money to corporate persons in the hope they will hire people.
Can I have a side of ignorance with that stupid?
|By: Scarecrow Friday June 3, 2011 2:00 pm|
In a world supposedly governed by 11 dimensional chess, we find unusually straight forward advice directed at the Obama Administration on how to react to the dismal unemployment numbers.
|By: emptywheel Thursday June 2, 2011 3:15 pm|
If we fixed things like levees and energy plants, we’d also be more resilient to things like earthquakes and climate change. Mind you, if Republicans found out about that, it’d be enough reason to defund it. So we’ll just keep that part a secret between us.