Thursday , December 8 2022
Home / Tag Archives: Taxes/regulation (page 86)

Tag Archives: Taxes/regulation

High Cost of Our Finance Sectors

Via Truthout Published on Mar 23, 2017 In the March 2017 Taxcast: the high price we’re paying for our finance sectors – we look at staggering statistics showing how the US finance sector is a net drag on their economy. [embedded content]Featuring: John Christensen and Alex Cobham of the Tax Justice Network, and Professor of Economics Gerald Epstein of the University of Masachusetts Amhurst. Produced and presented by Naomi Fowler for the Tax Justice Network....

Read More »

The Boundless Thirst for Surplus-Labor

September 22, 1956 November 7, 1960 QUESTION. This is from Mr. White, Warren, Mich. What is your stand on the 32-hour workweek? Vice President NIXON: Well, the 32-hour workweek just isn’t a possibility at the present time. I made a speech back in the 1956 campaign when I indicated that as we went into the period of automation, that it was inevitable that the workweek was going to be reduced, that we could look forward to the time in America when we might...

Read More »

To me the common assertion about health care reform reform and tax reform makes no sens

Various people have argued that Republicans decided to repeal and (very partially) replace Obamacare before moving on to tax reform, because Obamacare repeal (aka the American Health Care Act aka AHCA) would make it easier to permanently cut tax rates. To me this makes less than zero sense. The argument is that, since AHCA includes tax cuts, tax reform would start from a lower base, so it would be easier to write a tax reform bill which doesn’t add to the...

Read More »

Prime working age employment up, participation up (finally) – now how about wages?

by New Deal democrat Prime working age employment up, participation up (finally) – now how about wages? The March jobs report finishes the first quarter, which make it easier to update some labor participation trends, which, along with wages, has really lagged in this nearly 8 year old expansion. In order to eliminate the issue of the huge Baby Boom generation retiring, and to a lesser extent college and graduate students, we have some good data on the prime...

Read More »

Thank God it’s Boilerplate!: The Economist is lumping its labour

by Sandwichman Thank God it’s Boilerplate!: It’s Thursday and The Economist is lumping its labour The Economist and Jonathan Portes are at it again. “Lump of labor! Lump of labor!” The occasion? A proposal for a four-day workweek announced by the U.K. Green Party at their convention this week in Liverpool.   The Economist pretended to find “two problems” with the Greens’ proposal: The Greens’ proposals encounter two problems. First, the theory. They argue...

Read More »

When you hear ‘growing our economy’ to pay for services

Via Naked Capitalism is a post by Pavlina R. Tcherneva of Bard College at New Economic Perspectives. Worth reading the whole post… by Pavlina R. Tcherneva   (originally published at New Economic Perspectives) Inequality Update: Who Gains When Income Grows? Growth in the US increasingly brings income inequality.  A striking deterioration in this trend has occurred since the 80s, when economic recoveries delivered the vast majority of income growth to the...

Read More »

The Overseas Cash Grab

NYT Dealbook points to a how the 2 trillion dollar overseas money can come “home” and how money is spent.  2005 comes to mind the last time repatriation of “overseas money” comes to mind. Linda Beale Repatriation holiday lobbying – Money Speaks and More on repatriation. Taxprof blog here and Senate report here. The Overseas Cash Grab (from Dealbook) Corporate chiefs in the United States have bemoaned for years the taxes that they would face if they brought...

Read More »

The 27% Crazification Factor Again

New link from Steve Bennen at Eschaton reminds us of Robert Waldmann’s post from 2014: The 27% Crazification Factor Again Robert Waldmann | January 27, 2014 It’s that number again. As noted by Dylan Scott at TPM, according to the latest Pew poll 27% of US adults think that the Republican party “is more willing to work with the other party” than the Democratic party.For earlier appearances of 27% see Kung Fu Monkey John: Hey, Bush is now at 37% approval. I...

Read More »