Two years ago, billionaire David Geffen donated $100 million for renovations and naming rights to David Geffen Hall. Wealthy due to his success as a music promoter and executive, Mr. Geffen is well-known today for his philanthropy. For example, UCLA’s School of Medicine was renamed in his honor following a $200 million donation in 2001. I’m not opposed to these donations, in and of themselves. … Continue reading Elected Officials, not Philanthropists, Should Make Decisions for Our Country
If we’re serious about stopping this kind of abuse, we need to be serious about giving victims the legal tools they need, and that means getting rid of mandatory arbitration agreements.
I don’t need a tax break for my estate tax, and my kids don’t deserve to be pawns (or kings) in the divisive game already played by the super-rich.
On February 1, 2018, Janet Yellen’s term as The Chair of the Board of Governors of the Federal Reserve System (Fed Chair) ends, and a Trump appointee will succeed her.
The GOP tax plan is a huge gamble that, if unsuccessful, would all but bankrupt the US.
I make a lot more money each year than I need to live on, but this city, state, and especially this country need a lot more money to build our infrastructure and help our fellow citizens.
We may not be able to fix or eliminate inequality through our tax code, but let’s not make it worse.
To all my fellow American entrepreneurs, businesses owners, and investors who have been blessed to be in the upper end of the income and wealth spectrum: America needs a lot of things before we need another tax cut.
When we discuss economics there are, very broadly, two types of people: First, there are regular people. They mostly need to work, and a lot of them try to save enough so that they can retire someday. Some of them succeed, but increasingly, many do not. Being a regular person means spending most of your income. Some live very well, and some live very poorly. … Continue reading My Tax Philosophy
This cynical Republican tax plan is nothing less than a scheme to transfer public wealth into private hands.
The President’s plan to repeal the estate tax isn’t just bad tax policy, it’s un-American.
By any measure, Secretary Price’s chartered flight is an unreasonable use of taxpayer money.
Donald Trump sent the American people a clear message on Tuesday when he announced an end to Deferred Action for Childhood Arrivals (DACA): in Trump’s America it is acceptable to deny people their humanity and deport them from the country they grew up in because they have a different skin color, talk with a different accent, or come from a different part of the world.
Yesterday evening, Monday August 21, Treasury Secretary Steve Mnuchin made a statement that effectively reversed Donald Trump’s campaign promise to close the carried interest loophole.
I spent most of my life avoiding politics, happily focusing on my family and my career…
Our politics has changed a lot over the last 52 years, from July 28, 1965 to July 28, 2017.
Language is powerful. We have come to believe certain things about our government because we have been fed a steady diet of metaphors that embed scary images in our minds.
Our lawmakers’ arguments over raising the debt ceiling aren’t just reckless – they’re pointless. Congress should end its outdated budget control rules.
Back in 2008 Henry Paulson, the Treasury Secretary in the Bush administration, needed to put billions of dollars of the taxpayers money at risk to bail out the big banks. We as a nation have decided that we never want to do that again.
Congress finally got the message from the American people. And the message they received is clear: major political donors should have more money and more influence on politics.