The Obama tax plan: A test for Americ...
Can democracy, one top political scientist asked last week, ‘function effectively in a society marked by vast economic inequality’? The fate of the modest new White House bid to tax our rich may tell the tale.
Taxing the rich the Obama way
Warren Buffett is a tough negotiator, which is one reason why he’s the second-wealthiest person in America. So when...
Putting America back to work
Republican presidential candidates were supposed to debate their job creating plans last Monday evening. Instead, they...
Taxes are the elephant in every room
Ten years ago we were on a path to paying off the country’s debt. In fact, if we had stayed on the same trajectory the debt might be paid off already. But then we cut taxes even more, and raised the military budget even more, and the deficits and resulting debt exploded. This sequence — deficits caused by tax cuts and military spending increases — should be stated clearly at the start of every meeting that discusses deficits and debt.
Getting our house in order
No one likes it, but for the country to keep paying our national debts and to uphold American living standards, we need to raise taxes, especially on the millionaires and billionaires.
Let’s face it: There’s no free lunch in America these days. These are hard times. Unemployment is at 9 percent. My solution to earn billions back for the United States Treasury is for us to get out of these no-win wars. Let’s save American, Iraqi, Afghani and Yemeni lives. The U.S. can do more good when it gets its own house in order.
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