Michele Waslin: If all unauthorized workers in the Houston region were legalized and they and their employers paid Social Security, Medicare, unemployment insurance, and federal income taxes, additional tax revenues would exceed $1.4 billion.
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.
Ellen Brown: California, like North Dakota, is resource-rich. A state-owned bank will allow it to capitalize on its resources to full advantage, by providing the credit needed to realize its potential.
Mario Rivas: Bell will forever stand as a stark reality of what can happen when too much trust and power are given to small government in the hands of the corrupt.
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, […]
Craig Williams: The best cure for California’s budget problems might be a big statewide tax reform campaign based on the commercial property tax legislation proposed by the progressive organization Cal Tax Reform (CTR) and sponsored by Assembly member Tom Aminao.
Seth Hoy: One of the biggest myths perpetuated by restrictionist groups is that the roughly 12 million unauthorized immigrants currently living in the U.S. use a variety of public services yet paying nothing in taxes.
Robert Reich: It’s tax time. It’s also a time when right-wing Republicans are setting the agenda for massive spending cuts that will hurt most Americans.
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.
Marian Wang: More revelations in the city of Bell overpaid officials controversy. On top of it all, the state has found that Bell illegally raised property taxes. Legislators are considering plans to refund some $2.9 million to residents.