How should underpayment of employees affect tax policy?
by Linda Beale How should underpayment of employees affect tax policy? In a pre-Labor Day blogposting, Robert Reich wrote about the brute capitalism results for many employees today–a full-time job...
View ArticleCruz, Tea Party, Hostage-Taking Budget Tactics (and the IRS)
by Linda Beale Cruz, Tea Party, Hostage-Taking Budget Tactics (and the IRS) The House, dominated by Tea Party/GOP politicians (or those fearful of their impact on upcoming primaries) passed a bill that...
View ArticleDear GOP: a Daily Kos staff reminder on the constitutional process for...
by Linda Beale Dear GOP: a Daily Kos staff reminder on the constitutional process for changing the law The Tea Party/GOP coalition has often talked about the importance of the Constitution, but one...
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Economic Terrorism: the Tea Party/GOP’s Hostage Taking Plan (Tom Tomorrow’s...
by Linda Beale Economic Terrorism: the Tea Party/GOP’s Hostage Taking Plan (Tom Tomorrow’s “Giant Killer Robots”) As the New York Times reported on Saturday: Stohlberg, A Federal Budget Crisis Months...
View ArticleThe Countermajoritarian Difficulty and Congressional Ethics–Ending the Shutdown
by Linda Beale The Countermajoritarian Difficulty and Congressional Ethics–Ending the Shutdown [Edited to add Marcotte article on role of fundamentalism in Tea Party politics.] We have seen...
View ArticleDoes Lowering Corporate Tax Rates Create Jobs? Answer is a resounding "no"
by Linda Beale Does Lowering Corporate Tax Rates Create Jobs? Answer is a resounding “no” For years (decades, actually), the American pro-wealthy right has argued that lowering corporate tax rates will...
View ArticleGreg Mankiw attempting to justify carried interest
by Linda Beale Greg Mankiw attempting to justify carried interest Greg Mankiw wrote an op-ed in the Sunday Times Money section: Capital Gains, Ordinary Income and Shades of Gray, New York Times (Mar....
View ArticleHey, didn’t the GOP say it cared about deficits?
by Linda Beale Hey, didn’t the GOP say it cared about deficits? Just when you think those on the radical right had gone about as far as they could go without recognizing their own zaniness, those in...
View ArticleIllinois’s Tim Johnson (Rep.) Squirms under Norquist No-Tax-Increase Pledge
by Linda Beale Illinois’s Tim Johnson (Rep.) Squirms under Norquist No-Tax-Increase Pledge Back in 2002, Tim Johnson represented a safely red district in Illinois and the radical right was pressing on...
View ArticlePublic Transit Benefit was down, is now up again (in Senate)
by Linda Beale Public Transit Benefit was down, is now up again (in Senate) One of the tax provisions that lapsed last year was a very popular tax expenditure supporting public transportation–a tax...
View ArticleGraphs Show It Clearly–the richest are much richer and most of us are poorer
by Linda Beale Graphs Show It Clearly–the richest are much richer and most of us are poorer David Cay Johnston has employed a couple of key graphic images that tell a significant story about the way...
View ArticleMore on Greg Mankiw’s weak arguments for the Bain capital gains preference
by Linda Beale More on Greg Mankiw’s weak arguments for the Bain capital gains preference A few days ago, I commented on the weak arguments Greg Mankiw had put forth in his op-ed to support the...
View ArticleStill haven’t filed your FBAR? Don’t wait till you get hit with forfeiture
by Linda Beale Still haven’t filed your FBAR? Don’t wait till you get hit with forfeiture like this Alaska Plastic Surgeon It looks like the leads from the various voluntary disclosures are beginning...
View ArticleIs Congress drinking Grover Norquist koolaid? (or will it fund IRS appropriately
by Linda Beale Is Congress drinking Grover Norquist koolaid? (or will it fund IRS appropriately) IRS Commissioner Doug Shulman testified before the House Appropriations Financial Services and General...
View ArticleSenate Dems unveil their tax cut proposal
by Linda Beale Senate Dems unveil their tax cut proposal Senate Democrats, led by majority leader Harry Reid, unveiled a $26 billion tax-cut bill on March 26, 2012. See, e.g., Richard Rubin, Senate...
View ArticleMore on Private Equity, Carried Interest, Wealth, and Romney
by Linda Beale More on Private Equity, Carried Interest, Wealth, and Romney Those who’ve read much of this blog are aware of the various arguments against the notion that private equity firms are...
View ArticleBuffett Rule rejected by Senate
by Linda Beale Buffett Rule rejected by Senate The Senate rejected the effort to make tax policy commensurate with the slogans about American values that we parrot freely–opportunity, paying fair...
View ArticleCommon Cause Claims ALEC Violated Tax Exempt Lobbying Restrictions
by Linda Beale Common Cause Claims ALEC Violated Tax Exempt Lobbying Restrictions The Common Cause organization filed a complaint with the IRS under 26 USC 7623, the tax whistleblower act, alleging...
View ArticleReform that "high" statutory corporate tax rate? Not necessary
by Linda Beale Reform that “high” statutory corporate tax rate? Not necessary I got an interesting item pushed to me from an online-MBA website blog where today’s item was on “10 Big Businesses That...
View ArticleLeonard says GOP Is intent on sabotage
by Linda Beale Leonard says GOP Is intent on sabotage Andrew Leonard of Salon writes often about tax and economic issues. In Friday’s column, he addressed the increasingly obstructionist tactics...
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