The progressive tax versus flat tax debate is raging on -- if Illinois moves towards a progressive tax system, where taxes vary based on income, counties with higher median incomes will probably have a lot to say.
The growing profits of some of the nation's largest corporations and wealthiest people in America result from the labor of people whose work is rewarded with poverty level wages. That makes no economic sense. And it's just plan wrong.
Today the Dow Jones Industrial Average rose above 14,270 -- completely erasing its 54 percent loss between 2007 and 2009. Yet the real median wage is now 8 percent below what it was in 2000, and unemployment remains sky-high.
We define "Creation Nation" as a country in which the private and public sector collaborate to develop and commercialize innovative products and services that create businesses or business opportunities that grow the economy and generate good-paying, value-added jobs.
It's unsettling when the fact checkers get something wrong, as occurred in a recent PolitiFact review of the claim that median incomes rose $5,500 while Mitt Romney was governor of Massachusetts. PolitiFact grades this claim as mostly true, when it is mostly false.