Tax Flight is a Myth

This report, by the Center on Budget and Policy Priorities, gives an interesting angle on the idea of “tax flight” and it’s use as a (poor) defense against having millionaires and billionaires pay their fair share of taxes, just like everyone else in...

What Would You Do?

The New York Times has created a way to allow it’s readers to share their thoughts on the ongoing debt ceiling debates in Washington. Click here to access it. House Republicans, led by Speaker Boehner, are currently stalling the vote as they have become aware...

Vicious Cycle

The economic concept of a “cycle of poverty” has been around for a while. But one key component of this cycle that we all probably didn’t realize existed was revealed in a recent New York Times piece. Apparently, you need to already be employed to...

The Fairness in Taxation Act

Yesterday, more than 150 state and national groups lobbied Congress (link opens PDF) to pass the Fairness in Taxation Act. This bill, sponsored by Rep. Jan Schakowsky, D-IL will enact new tax rates for millionaires and billionaires to help build a stronger middle...

So Let’s Talk About The Economic Facts

Illustration by Jason Schneider Dave Gilson and Carolyn Perot from Mother Jones shared interesting data on how the super-rich are benefiting from the middle class’ net worth. The article provides eight charts that explain, in their words, “everything that’s...