Fears Over Cost of Living ‘Solutions’ Proposed by Truss-Backed Think Tanks
Liz Truss looks set to shaft ordinary Britons when the UK is already reeling from a cost of living crisis.
Read more...Category Archives: Taxes
Republicans Are Being Mean to the IRS, Not That the Democrats Are Helping
It may seem peculiar to offer a defense of sort to the IRS, since most people here regard doing their taxes with even less enthusiasm than a visit to the dentist (although attitudes depend very much on the state of one’s finances and teeth). However, the reporting on the Democratic Party plan to increase IRS […]
Read more...Will the Inflation Reduction Act Actually Reduce Inflation? How Will the Corporate Minimum Tax work? An Economist Has Answers
A look at some of the tax and tax collection changes in the Inflation Reduction Act.
Read more...Climate Bill Passes: It Could Short-Circuit EV Tax Credits, Making Qualifying for Them Nearly Impossible
Did Joe Manchin sneak an EV poison pill of sorts into the just-passed climate legislation?
Read more...How Public Real Estate Investment Trusts Extract Wealth from Nursing Homes and Hospitals
REITs are considered “passive” investors but play a very active role in reshaping whole industries, like hospitals
Read more...Biden’s Climate Emergency: Will He Declare It?
Biden has put the idea of using the National Emergency Act to declare a climate emergency in play. What are its odds of happening?
Read more...Michael Hudson: From Junk Economics to a False View of History – Where Western Civilization Took a Wrong Turn
Hudson reviews how economics has misrepresented the evolution of money and land ownership and promoted oligarchy.
Read more...‘Time to Scrap the Cap’: Sanders, Warren Bill Targets Rich to Expand Social Security
Now, as Sen. Bernie Sanders notes, billionaires pay “the same amount of Social Security taxes as someone making $147,000 a year.”
Read more...Out of Africa: Rich Continent, Poor People
A new book documents the scale and mechanism of the looting of Africa.
Read more...Colonial Taxes Built Britain. That Must Be Taught in Lessons on Empire
UK government ministers want the British Empire benefits to be taught in schools. Don’t let them ignore the death and destruction it inflicted
Read more...At What Point Does a Billionaire’s Greed Hurt the Rest of Us?
How the growth of a billionaire class is the result of policy choices.
Read more...Building a State One Step at a Time: Evidence from France
Some theories about government-making from France….but do they hold up?
Read more...Manchin Takes Aim at Build Back Better, but His Real Focus is on West Virginia
What does Manchin want?
Read more...Being Rich Does Not Make You More Generous. It Makes You Meaner.
Why relying on the kindness of strangers, particularly rich ones, is not such a hot idea.
Read more...Share Buybacks Surge to Record Ahead of Potential 1% Tax: Companies Buy as Insiders Dump like there’s No Tomorrow
Buy High, Don’t Buy Low. Prices are sky-high and but company buybacks are red hot.
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