I’m an investor, researcher, and the great-grandson of the meatpacker Oscar Mayer. I’m deeply concerned by the extreme inequalities of income, wealth and opportunity that have opened up in U.S. society.
Tuesday the Illinois State Senate took a bold step in fighting inequality by becoming the first state chamber in the country to vote in favor of closing the carried interest loophole.
Last week the Wall Street Journal Published an opinion piece by Michael Saltsman decrying San Francisco’s minimum wage hike.
It is absurd to think that corporations, particularly large, multi-national corporations who pay millions in stockholder dividends and corporate bonuses, should pay a lower tax rate than most working Americans.
I am outraged. “45” spent his entire campaign claiming that he would stand up for everyday Americans, and yet his recent tax proposals are nothing more than thinly disguised handouts for the wealthy. Not the wealthy…the super wealthy!
We have a wage problem in the United States. Our current system is not working. It is harming our economy and money is not going to those who need it most but to the wealthiest.
The Trump administration proposal — to switch to a territorial system — would mean many large international corporations paying a lot less in taxes to the United States government.
In a recent Bloomberg article Representative Mike Kelly (R-PA) was quoted saying that he and his colleagues “need to hear from people who are in that business” to get a clearer picture of how to tax carried interest.
Will the voters stubbornly cling to their champion, who will undoubted tweet a litany of excuses and fictitious obstacles, others to blame?
Trading on inside information should be illegal. In a post-Martha Stewart world, talk about insider trading has fallen by the wayside. We hear from time to time that the government is prosecuting people for insider trading, but not much more beyond that.
I have a question for my old friends in the coal-mining towns of northeastern Pennsylvania.
Last Friday President Trump signed an executive order that laid the groundwork for repealing Dodd-Frank, the financial regulation legislation put in place in the aftermath of the 2008 financial crisis intended to keep an economic disaster of such magnitude from happening ever again.
We have a place of agreement to start from – let’s ensure everyone has access to the health care they need and deserve as part of our great American family.
During the 2016 presidential election Donald Trump repeatedly emphasized the impact of U.S. trade policy on unemployment. The effectiveness of this message to the workers of America was quite revealing.
Real hope, like fear, creates its own future. As a nation, we get to choose which kind of future we want.
There have been many regrettable moments in the 2016 Presidential Election. At a time when we could be having a national conversation about how to create a sustainable and broadly shared prosperity for ourselves and future generations, we seem instead to be subjected to something closer to a reality TV show.
Our polarized campaigns often tell voters the story of winners and losers. So what happens when large chunks of voters “lost” in the primary? Are these groups going to “lose” in the main election?
Congress is never constrained by the amount of taxes received. So when we raise federal taxes on those with high incomes it should be either to help maintain a strong currency or because doing so serves some benefit to the economy or society.
Full employment requires the right balance of federal spending and taxation, both of which are in the domain of Congress.
In June, the CFPB released new payday lending restrictions. Chair Morris Pearl formally submitted his comments and suggestions.