*+-Ann Robertson and Bill Leumer: Jerry Brown to resort to his terror tactic, intended to strike fear in the hearts of the public. He has told the people of California that if they do not support this new compromise tax proposal, then automatic trigger cuts will go into effect that will brutally slash the budget of public education on all levels.
*+-Robert Reich: All flat-tax proposals benefit the rich more than the poor for one simple reason: Today’s tax code is still at least moderately progressive. The rich usually pay a higher percent of their incomes in income taxes than do the poor. A flat tax would eliminate that slight progressivity.
*+-Should the U.S. government be building more nuclear weapons? Residents of Kansas City, Missouri, don’t appear to think so, for they are engaged in a bitter fight against the construction of a new nuclear weapons plant in their community. The massive plant, 1.5 million square feet in size, is designed to replace an earlier version, […]
*+-Walter G. Moss: Florida’s new governor, Rick Scott, is demonstrating why most of us who consider ourselves progressives dislike the politics of Tea-Party-backed candidates. For many of us, compassion and empathy are central political values, and Scott’s first budget proposal, unveiled on February 7th, reflects little of either value.
*+-Diane Lefer: Why does it matter? This year, once again, California not only failed to pass a budget by the deadline but delayed it longer than at any other time in our history, causing chaos and hardship for vendors, employees, and municipalities while harming our credit with rating agencies and raising the interest we pay.
*+-Adam Eran: So the origin of California’s tax reductions, and even its current budget deficit, is arguably oil price inflation. If we want a stable economy, and government without deficits, we need to stop kidding ourselves that spending is a the root our budget problems, and attend to our energy addiction.