This is actually even what the richest should want, because although they would pay more in taxes for universal basic income, leaving them a slightly thinner although still very thick slice of the overall pie, the slice of the pie itself would grow, leaving even them better off as well.
Voting to give corporations a huge tax cut without closing loopholes to pay for it is the height of hypocrisy. It represents an egregious double standard by conservatives: They increase the deficit by providing hundreds of billions of dollars in tax breaks to corporations while they slash $5 trillion in spending that primarily benefits working Americans in order to reduce the deficit.
This plan's advertised price cost is $10.00 and yet the actual costs to the customer are $32.00, hiding a whopping 220% above this advertised price. Is this 'fair and reasonable'? Is this deceptive advertising? Where are the savings for buying this 'slim package'?
On May 17, Democrats in the Illinois House approved a property tax freeze bill that Republicans protested as a stunt. And the conservative Americans For Prosperity-Illinois has made tamping down property taxes a major cause this spring.
I was in a coffee shop, having breakfast with my daughter, Angela Luhys, on a week when my weight loss had reached the 90 pound mark since November. While sharing this great milestone with Angela, the guy in the booth behind me was trying to sell an annuity.
If we want to encourage autos that are more fuel efficient, and ultimately cars that rely on renewable energy, we need to start with the factors that influence consumer choice.
In my more than two decades of work on runaway executive pay, sparking public outrage has never been the problem. The real challenge has been persuading the public there's something we can do about it.
With Tax Day now behind us, it's time to recognize Lisa and the thousands of New Yorkers who are now on their way to building a healthier financial future and identity, thanks to one of the nation's most successful anti-poverty measures -- the Earned Income Tax Credit.
For all the frantic, often chaotic political engagement swirling about us these days involving taxes, gun rights, religious liberty and foreign policy, Americans may well be overlooking an even bigger problem: Have we unconsciously consigned the American Dream to the proverbial dustbin?
Regardless of how you choose to spend your tax refund, the most critical tip is that you make a conscious decision about how to use that money.
In the coming weeks you could be one of the many Americans receiving what the IRS has quoted as the average tax refund of $3,120. And it's precisely why we thought it was high time to take a look at the common ways people make poor decisions when it comes to tax refunds.
There is an old saying, "Money is the root of all evil." While money may not cause evil in all circumstances, it certainly can sway some people toward the path of corruption and bad behavior.
Hey, if you really want a fair flat tax, eliminate all income tax. Loopholes and creative accounting and off-shore bank accounts give the wealthy endless opportunities to cheat. Instead, the government should rely entirely on sales tax.
The obvious choice for this week's Most Impressive Democrat Of The Week is none other than America's new Attorney General, Loretta Lynch. Lynch was finally confirmed by the Senate in a 56-43 vote.
Wherever financial misery exists, expect scam artists to follow close behind, ready to take advantage of it. Too often these days, when the phone rings, it is some helpful person who claims to have a way to rid you of your financial problems. But in reality, what they often really want to rid you of is your money.