Portside

Four out of every five - or more - have said the government makes them feel either angry or frustrated. These frustrated Americans may not fully realize it, but there's a strong case for more government - not less - as the most promising way to improve the nation's standard of living. The American government pretty much stopped growing when the civil rights movement forced whites to share public space with African Americans, then Latinos, Asians and Native Americans.

Officer Nakia Jones Talks About the Alton Sterling Shooting. Sen. Elizabeth Warren on Why We Need to Stop the TPP. How the Cannabis Business Community Pays Taxes. Gretchen Carlson Is Suing Fox News' CEO. This Might Be Why. This Farm of the Future Uses No Soil and 95% Less Water.

Gwen Moore to propose bill requiring tests for returns with itemized deductions of more than $150,000, in response to right’s ‘criminalization of poverty.’ The alternative would be to take the much lower standard deduction.

Former Greek Finance Minister Yanis Varoufakis revealed for the first time how days after he resigned, the Troika effectively abolished a unit he had set up to combat tax evasion. European Commission (EC) President Jean-Claude Junker led the efforts to prevent Greece from collecting taxes. Junker was Minister of Finance and later Prime Minister of Luxembourg from 1989 to 2013. Varoufakis called Luxembourg the largest tax haven in the world.

On this month’s 50th anniversary of one of the all-time edgiest Beatles tracks, our super rich have a special reason to look back fondly on the lads from Liverpool.

The Treasury Department is often a limp watchdog when it comes to policing arcane tax dodges, but this time, Treasury grew some fangs by tightening its regulations, which led Pfizer to call off the deal. Pfizer’s loss is a potent win for small-d democracy. It can provide a starting point for reinvigorating reform politics.

The Panama Papers illuminate a key aspect of why the system isn’t working–because globalization has allowed the capital and assets of the 1 % (be they individuals or corporations) to travel freely, while those of the 99 % cannot. I think we’re heading towards a root to branch re-evaluation of how our market system works–and doesn’t work.

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