Taxing Income from Wealth Can Always Raise More Money Than a Wealth Tax
Why a wealth tax is not all it is cracked up to be, but a well-designed income tax can do a fine job of curtailing wealth disparity.
Read more...Category Archives: Taxes
TaxCast #142: Blockchain Havens
How blockchain/crypto tax havens are displacing traditional tax havens.
Read more...Major US Companies Pay Executives More Than Uncle Sam
More evidence, as if you needed it, that corporate executives are very skilled at feathering their nests.
Read more...You Could Have a Wealth Tax Raising a Few Billion or Major Reforms to Existing Taxes That Could Raise £100 Billion or More? Which Would You Prefer if You Wanted To Tackle Inequality?
Watching Davos is enough to make many buy pitchfork futures or push for a wealth tax. But there are better ways to skin fat cats.
Read more...As Presidential Hopefuls Spar on Social Security, Separating Fact from Fiction
Eric Laursen, author of The People’s Pension, explains the campaign of sneak attacks and misinformation against Social Security.
Read more...Is It Time to Tax Ultra-Processed Foods Because of the Massive Harm That They Do to Society?
Yes, Virginia, ultra-processed food is a health hazard. But what to do?
Read more...Wall Street Journal: “Why No One Wants to Pay for the Green Transition”
The green energy transition, which truth be told has not gotten very far, is already hitting a wall.
Read more...Ukraine’s Desperate Search for War Funding Hits Local Budgets
Ukraine’s local authorities are undes serious budget stress despite government assurances of support
Read more...With Shutdown Averted, Is Social Security Safe? Nope!
Tax breaks to the rich mean less revenue, higher deficits, and more calls to gut programs like Social Security that protect ordinary citizens
Read more...A Sign that the West Is Having to Compete for Emerging Economy Loyalty? Long Overdue Progress on Africa-Instigated International Tax Reform
After long resistance by rich nations, African governments successfully pushed for the UN to lead on international tax cooperation.
Read more...“We Need to Raise a Lot More in Tax from the Wealthy but That Does Not Convince Me That We Need a Wealth Tax”
Why a wealth tax is not only no magic bullet, but also not likely to work very well.
Read more...Hunter Biden Plea Deal Collapse: Dirty, Desperate Dealings in Delaware
Hunter Biden seems to have quite the affinity for hot water. Judge Noreika has sent his irregular plea deal back to the drawing board.
Read more...Former Apollo Chief Leon Black Has More Jeffrey Epstein ‘Splaining To Do with Tax Evasion, Alleged Rape of Autistic 16 Year Old
Shed a crocodile tear. Former private equity kingpin Leon Black is back in hot water thanks to his dealings with child rapist Jeffrey Epstein
Read more...Book Review: Richard Vague, “The Paradox of Debt”
And why finding reforms to our current economic system is a Sisyphean task.
Read more...As Nonprofit Hospitals Reap Big Tax Breaks, States Scrutinize Their Required Charity Spending
A state court, citing “eye-popping” executive compensation, strikes down a hospital’s property tax break and strikes fear into the nonprofit hospital industry across the US.
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