We face potential unemployment on par with the Great Depression. We need a mass employment program to get through it. AI can pay for it. An AI tax should target the companies that stand to make billions of dollars by laying people off.
The mayor, his supporters, and public opinion convinced their previously reluctant governor to agree to a tax on the second (or third, fourth, fifth, etc.) homes of their city’s nonresident rich. The tax on international billionaires is a huge win...
The assault on cherished social insurance programs is a gift to Democrats, but only if they are clear about how to defend them. Taxing the rich to save social insurance has the further virtue of splitting Republicans, who are divided....
In Berkeley, New York, Paris, and Vatican City, it’s become central to political battles—and religious concerns.
The Budget is a moral document that reveals our nation’s priorities. What stands out is a reverse wealth transfer. The ultra-wealthy get billions in tax breaks, while Black families lose the programs that have provided pathways to the middle-class.
Reader Comments: Uncommitted Movement a Success at DNC; Harris’ $5 Trillion Tax Plan; Labor, Harris and Trump; Change Biden’s Policy on Israel by Upholding the Law; Union Songs for Kids!; Support the Musicians of live television shows; Cartoons; more
Compensation for senior bosses at firms from Tesla to T-Mobile US worth more than those companies’ net tax payments, study finds
Obama’s former acting Solicitor General and a senator-turned-lobbyist are helping a dark money group pressure the high court.
Economic models do not, and never can, fully reflect the extraordinary complexity of human markets. The point is to create useful abstractions to provide decision-makers with a sense of the budgetary and economic impacts of a given policy proposal.
Spread the word