Archive for the ‘New Posts’ Category

Hey, the NLRB Proposed a Good, Progressive Idea!

June 25th, 2011

Something kind of progressive just happened that you might have missed: The National Labor Relations Board proposed a new idea to help level the playing field for workers who want to organize a union. A little background: under current law, once 50% of employees petition for union representation, the employer can voluntarily choose to waive… Read more

Income Info

June 25th, 2011

In discussions of tax policy, folks like me tend to throw around references to “income fifths,” “the top 1%,” and such without enough context.  Below is a graph which shows the actual income levels in 1979 and 2007.  Unfortunately, 2007 is most recent year for this very comprehensive income data set published by the Congressional… Read more

Who Gets Hit?

June 24th, 2011

Earlier today I pointed out that revenue in the budget deal is not inconsistent with recent Republican talking points if the revenues come from cuts to tax expenditures.   A question was raised: wouldn’t it be more regressive—meaning hit middle and lower income people harder—to raise revenues through cutting tax expenditures than through higher marginal rates?… Read more

Republican Economics and Other Fanciful Thoughts

June 24th, 2011

Rep Cantor’s irresponsible canter notwithstanding, it’s worth clarifying a point he and other Republicans have recently raised.  They’ve signaled that they could actually live with raising more revenue through closing loopholes associated with tax expenditures, that $1 trillion or so we forego every year by giving tax breaks for things like mortgage interest and ethanol… Read more

FMI (Friday Musical Interlude)

June 24th, 2011

Travelling today, so light posting at best. But first, some business of paramount importance: Ray Charles makes his FMI debut! It shouldn’t have taken me this long to get to Ray.  For me, at least, no matter what craziness is going on in the world, after about two seconds of hearing that voice, I’m fully… Read more