Satyajit Das: The ‘Own Goals’ of Trump-onomics
Short seller David Einhorn’s saying, “No matter how bad you think it is, it’s worse” particularly applies to Trump’s economic schemes.
Read more...Category Archives: Taxes
What Would Happen if the UK Tried to, or Did, Repay Its National Debt?
The leadership contest in the UK is set to produce yet more flogging of bad neoliberal tropes, so this post provides a needed counterpoint.
Read more...“This Wealth Tax Won’t Work”
Sadly, trying to tax wealth directly is not what it is cracked up to be. But there are other approaches that are viable.
Read more...Building Fairer Cities: New Insights From Mohenjo-daro
New insight reveals that inequality was low in one of South Asia’s first cities and that it decreased as its citizens prospered.
Read more...Heartland Institute Podcast Questions Whether All Americans ‘Should Have the Right to Vote’
Heartland Institute, an ultra-conservative, climate-denialist, Trump-adjacent think tank, questions whether all adults should vote.
Read more...Democracy Depends on Broad-Based Taxation—History Is Clear About That
How governments raise revenue, as in taxation versus slavery or external extraction, determines their accountability to citizens.
Read more...Massive US War Spending Hike Raises Debt, Taxes, Doubts
As US President Donald Trump pushes the world to war, arms spending has been rising worldwide. Wars secure more budgetary allocations, mainly benefiting the US-dominated military-industrial complex.
Read more...Senate Democrats to Introduce Bill to Limit Private Equity and Big Investor Ownership of Single Family Homes Despite Nearly Zero Impact on Affordabilty
On of Trump affordability ideas, of limits on big investor ownership of single family homes, is moving forward even though it won’t do much.
Read more...Republicans Scheming to Preserve Trump Tariffs Even After They Create Fewer Manufacturing Jobs
Trump and his GOP allies still heart tariffs despite failures, such as 2025 net manufacturing job growth ofless than half the year before.
Read more...Trump Doubling Down on Tariffs After SCOTUS Nixing Sweeping “Emergency” Abuse: Bad for Businesses, Economy, and Trump
The Trump tariffs mess in the wake of his 6-3 Supreme Court loss on his misuse of “emergency” authority is even worse than you might imagine.
Read more...Would Raising Taxes on the Richest New Yorkers Drive Them Away?
What might happen if New York City Mayor Mamdani delivers on increasing income and corporate taxes to the next level?
Read more...EU’s Carbon Border Tax Goes Live, Eliciting Threats from China and Perhaps Soon, the US
China and India are unhappy about a new EU carbon tax on exports like steel. The US is expected to join the chorus. Will they retaliate?
Read more...There Are No Free Markets
Neoliberal free market ideology was always a fantasy. But what comes next given the late stage capitalism breakdown?
Read more...Economic Questions: James Tobin’s Transaction Tax
A Tobin tax is a no-brainer for reducing speculation and financial crisis risk. That is reason enough to keep it from being implemented.
Read more...US “R” Us or Tax Sovereignty?
Countries can either capitulate to President Trump’s tax bullying or come together to fight for the sovereign right to tax multinationals fairly.
Read more...