David Cay Johnston, who was awarded a Pulitzer prize in 2001 for his exposé on inequities in the tax code, and who pioneered journalistic writing about income and wealth inequality long before others focused on that area, appeared Tuesday on the “Kagro in the Morning” radio show hosted by David Waldman. I was there for… Read more »
Posts Tagged: owls
Open thread for night owls: To repeat, U.S. taxes aren’t high comparatively
As has been pointed out numerous times here, including in Analysis: Dow 30 companies show what a joke calling corporate tax burden ‘heavy’ has become, the idea that the United States somehow has become buried in taxes compared with other well-off, developed nations is bogus. Travis Waldron pointed that out again Monday: President Obama and… Read more »
Open thread for night owls: Debtors’ prisons make comeback
Kathleen Geier at Political Animal writes: The latest creepy relic from the darkest recesses of the Dickensian past that appears to be making a comeback these days are debtors’ prisons. Debtors’ prisons show up in a number of Dickens’ novels, most notably Little Dorrit, which is one of his masterpieces. George Bernard Shaw claimed it… Read more »
Open thread for night owls: Stock market vs. labor market
Derek Thompson talks about the job situation and includes a chart that we’ve all seen one or another version of for quite some time in The Economic Story of the Year: The Stock Market vs. the Labor Market: On Tuesday, the S&P 500 and the Dow closed at nominal all-time highs. Three days later, the… Read more »