Jerome Horton: The Republican presidential candidate wants to eliminate the estate tax, which currently applies a top rate of 35% as well as a $10.24 million exemption on a married couple’s combined assets.
Jim Rhodes: We departed with the hope that we could, in some small manner, assist these hard-working tea farmers and at the same time offer Westerners a most unusual product.
Tina Dupuy: We’re fatter, sicker, further in debt and using the most illegal drugs in the world—all signs Americans have become overspent from bad economic policies.
Mark Dempsey: One Modern Monetary Theory economist suggests sending each American household $50,000 to pay down debts, which would not only be cheaper than the $16-$29 trillion Wall Street bailout, it would bail out Main Street instead of the banks.
Steve Hochstadt: When Romney and the Republicans talk about cutting back on government, they mean much larger cuts in local government spending than what has happened so far.
t must have seemed like a good idea at the time, when Senators Chris Dodd and Barney Frank drew up the landmark regulatory bill that bears their names. One of its lesser-known provisions required U.S. companies to list the inclusion of any “conflict minerals,” mined in or near the violence-plagued Democratic Republic of the Congo, […]
Ellen Brown: While banks and investors were busy counting their profits behind the curtain of MERS, homeowners and counties have been made to bear the losses. The city of San Bernardino is in such dire straits that on August 1, it filed for bankruptcy.
Robert Reich: omney admits to an income of over $20 million a year for the last several decades. Which makes his 13 percent — or even 20 percent — violate the principle of equal sacrifice that lies at the core of our notion of tax fairness.
Dave Zirin: The gloves will come off indeed. Let’s see if the workers, immigrants, and everyday people of the UK can take the punch and return in kind. If not, we’ll always have the Spice Girls.
Iwan Morgan: Present-day Republicans should not be allowed to get away with rewriting the 1980s in support of their economic proposals for the second decade of the twenty-first century.
Eric Laumen: Amidst the controversy of the Starr commission’s Monica Lewinsky investigation, President Clinton, a centrist through and through, was forced to fall back on the support of his party’s left-progressive wing and abandon bipartisanship.
Ellen Brown: Expanding postal services and developing new sources of revenue are important to the effort to save the public Post Office and preserve living-wage jobs
Steve Hochstadt: One obvious conclusion is that high, even very high tax rates on the wealthiest taxpayers do not impede economic growth.