Karen Finney: Weeks after the election, congressional Republicans are still clinging to similar bad math and bad assumptions that th eRomney campaign made, yet hoping for a different result.
Robert Reich: It’s not as if these investment fund managers are worth a $20 billion subsidy. Nonetheless they argue that if they have to pay at the normal rate they’ll be discouraged from investing in innovative companies and startups. But if such investments are worthwhile they shouldn’t need to be subsidized. Besides, in the years leading up to the crash of 2008, hedge-fund and private equity fund managers weren’t exactly models of public service. Many speculated in ways that destabilized the whole financial system.
Paul Hogarth: In the past year, Speaker Nancy Pelosi and the House Democrats have made major strides passing progressive legislation – only to see it die or lull in the Senate, with the President barely lifting a finger. Voters are getting restless, Obama’s approval ratings are down and Democrats are in trouble because they haven’t gotten much done. Now with the Senate acting like a House of Lords, it’s time for House Democrats to get a little respect – and give Obama a piece of their mind.
The furor over the non-payment of taxes by Tom Daschle and a few other recent nominees for public office should not obscure the deeper truth that the United States has become a nation of tax-evaders. On the simplest level, this tax evasion is exemplified by the fact that vast numbers of people, including some who […]