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Tax Fairness

Sanders Wall Street Speculation Tax Would Not Harm Middle Class Investors

Sarah Anderson | Posted 04.06.2016 | Politics
Sarah Anderson

In case there was any doubt, the presidential election fight has confirmed that blasting Wall Street, even eight years after the financial crisis, is still a vote-getter.

The GOP Budget: Every Tax Loophole Is Sacred

Sen. Sheldon Whitehouse | Posted 05.26.2015 | Politics
Sen. Sheldon Whitehouse

The wealthier you are and the more you care about yourself over your neighbor or your country, the more you'll like this Republican budget. It achieves balance entirely on the backs of middle-class families and our most vulnerable citizens, without asking billionaires or big corporations to pay -- forget a fair share -- one penny more toward our nation's prosperity.

Here's What Bothers People The Most About Taxes

The Huffington Post | Ariel Edwards-Levy | Posted 03.19.2015 | Politics

Nearly 60 percent of Americans think the federal tax system should be completely overhauled, and just 4 percent say the present system is very fair, b...

A Terrible, Horrible, No Good, Very Bad Idea

Jaimie Woo | Posted 04.28.2015 | Politics
Jaimie Woo

A strangely popular proposal would give companies a temporary tax holiday, letting corporations "repatriate" their money at an extremely low tax rate, thereby encouraging more corporate tax dodging in the future. You'd think that common sense and strong opposition would be enough to kill a bad policy. Not in Washington, D.C., apparently.

Could Repealing "Corruption Taxes" Be the Democrats' Secret Weapon?

Al Lewis | Posted 03.07.2015 | Politics
Al Lewis

These giveaways could be called "corruption taxes." The definition of a "corruption tax" is a transfer of wealth to the very rich that no honest congressperson would support if campaigns were publicly financed.

Walgreens May Face Consumer, Political Backlash if It Elects to Become a 'Corporate Deserter'

Robert Creamer | Posted 09.26.2014 | Politics
Robert Creamer

Within the next several weeks Illinois-based Walgreens drug store chain is set to decide if it will become what President Obama referred to last week as a "corporate deserter" by tearing up its U.S. Citizenship in order to cut its corporate taxes.

On Piketty: 90 Percent of Americans Support Higher Taxes on Investment Income

Odysseas Papadimitriou | Posted 08.11.2014 | Money
Odysseas Papadimitriou

I highlight three key findings from our study -- the full 2014 WalletHub Tax Fairness Survey includes detailed analysis of attitudes and opinions towards a range of tax policy questions.

Tax Fairness: What Do People Think About It?

Jared Bernstein | Posted 06.15.2014 | Politics
Jared Bernstein

Nothing too surprising -- those who pay more in federal taxes think they're too high; almost nobody thinks their tax bill is too low. But departing from the data a bit, there are two factors that I suspect have an impact on our general perceptions of tax fairness.

Grover Norquist is Right to Oppose Internet Sales Taxes

Mary Manning Cleveland | Posted 07.17.2013 | Business
Mary Manning Cleveland

As most of us know, sales taxes are "regressive." That is, when sales taxes are "passed on," they fall harder on poorer customers than on richer ones.

The Income Tax Is Inquisitorial -- Get Over It

Joseph J. Thorndike | Posted 04.01.2013 | Politics
Joseph J. Thorndike

Basically, income taxes require vigorous enforcement. If people don't like that sort of heavy handed tax collection, then there are always options with (arguably) less intrusive procedures.

The Grass Is Always Greener on Someone Else's Course

James A. White | Posted 03.31.2013 | Politics
James A. White

It's easy to understand why a professional golfer might believe editorials, politicians and e-mails that spread the myth of an America evenly divided between makers and takers, but it's harder to tolerate the malicious spreading of that fabrication.

Corporations in Illinois: What Have You Got to Hide?

George Goehl | Posted 03.05.2013 | Chicago
George Goehl

All the legislation does is require that corporations disclose how much they pay to the state. Working families in the state are paying taxes. All we want to do is make sure the big corporations are doing the same. If they have nothing to hide, why do they care?

Think Again: Will the Times' Terrific Tax Reporting Matter?

Eric Alterman | Posted 02.05.2013 | Media
Eric Alterman

The New York Times published an extraordinary set of articles on tax policy as it actually exists in the United States -- beneath all of the politicians' rhetorical posturing and the all-too-frequent unquestioning and superficial press coverage.

Rick Santelli Loses It On CNBC

The Huffington Post | Harry Bradford | Posted 11.30.2012 | Business

CNBC loose cannon and in-house barn burner Rick Santelli let fly a mostly incoherent stream of rage against the wealthy on Friday morning. As if to...

Taxing The Rich Still Popular With American Public

The Huffington Post | Arthur Delaney | Posted 11.28.2012 | Politics

Taxing the rich remains a popular policy with the American people, according to a new poll by The Washington Post and ABC News. Sixty percent of po...

Income Redistribution is Actually Popular in America

David Callahan | Posted 11.21.2012 | Politics
David Callahan

Conservatives are trumpeting a new video in which a younger Obama embraces the dreaded socialist sin of redistribution. His earlier words will no doubt hurt Obama among some segment of the electorate -- even though most voters in both parties actually favor a host of redistributive policies.

Conscience at the Apple Core?

Patricia McGuire | Posted 07.10.2012 | DC
Patricia McGuire

Apple can demonstrate its real worth by helping to rebuild the American brand through the more socially responsible investment of its large profits in the future of this nation.

Apple Sidesteps Taxes -- What's Wrong With That?

Christopher Bergin | Posted 07.01.2012 | Technology
Christopher Bergin

We are currently having a debate in this country about fairness and our tax systems. That's a good debate to have. But insinuating that someone who pays a lower effective tax rate than you is somehow doing something unfair to you does not help the debate.

The Elvis Index: Why the Rich Should Pay a Lot More on Tax Day

Richard (RJ) Eskow | Posted 06.17.2012 | Politics
Richard (RJ) Eskow

Too many of our leaders in Washington want to tell us that the only solution is for us to accept less and less -- less infrastructure, less education, less financial security -- while the rich continue to enjoy these low rates or even lower ones yet to come.

What's Fair? Five (or Six) Principles of Tax Fairness

Jared Bernstein | Posted 06.17.2012 | Business
Jared Bernstein

The wealthy have been paying a larger share of federal income taxes not because their tax rates have gone up -- in fact, they've gone down. It's because they've been collecting the lion's share of the growth for decades.

The Buffett Rule: Your Straight Deal on Taxes

Sen. Sheldon Whitehouse | Posted 06.10.2012 | Politics
Sen. Sheldon Whitehouse

If the American people make their voices heard and put enough pressure on Congress, we can restore fairness in our economic system, do what's right for the middle class, and show that Congress can stand up to special interests.

Reducing Income Inequality Is the Key to Economic Growth -- Time to Pass the Buffett Rule

Robert Creamer | Posted 06.10.2012 | Business
Robert Creamer

We must mobilize Americans to reject economic inequality -- to vote for a society where we all stand together, where we have each other's backs -- and where we return the goal of reducing inequality to center stage where it belongs.

Michael McAuliff

Romney Will Be 'Buffet Rule' Ally, Dems Predict | Michael McAuliff | Posted 04.05.2012 | Politics

WASHINGTON -- Democrats predicted on Thursday that the GOP would cave on the so-called Buffett Rule and pass a tax hike targeted at people who earn mo...

The Rich Can Finally Put Their Money Where Their Mouths Are

Mitch Rofsky | Posted 06.19.2011 | Politics
Mitch Rofsky

There is clearly room to increase taxes on higher earners. But instead of attempting to increase top marginal rates to extremely high levels, let's utilize the Alternative Minimum Tax to move the effective and marginal rates closer together.

Unnecessary Shutdown, Unnecessary Austerity

Chuck Collins | Posted 06.07.2011 | Politics
Chuck Collins

Our communities are enduring mammoth state and federal budget cuts because we have failed to sufficiently tax America's billionaires or prevent aggressive tax avoidance by multinational companies.