Is Trump Serious About Trying to Close the Private Equity Carried Interest Loophole?
Trump wants to revive his 2017 plan to curb a private equity tax abuse, the so-called carried interest loophole. Is he likely to succeed now?
Read more...Category Archives: Taxes
How Much Will Trump’s Bark Exceed His Bite? Doubts About Whether Disruptive Federal Hiring and Spending Pauses Will Produce Lasting Changes
Trump is adept at using his willingness to be wildly inconsistent to destabilize opponents. But he is unduly fond of using blunt instruments like tariffs that he can impose unilaterally, with insufficient consideration of whether they will work all that well, let alone what bad unintended effects they might generate. What Trump has done so […]
Read more...The Curse of the Household Analogy
It can’t be said too often: national government spending is not like household spending, and acting as if it is is damaging.
Read more...How Far Will Trump Get With Shock and Awe?
Some of Trump’s first day initiatives will run into a buzz saw of legal opposition, but others on the economic warfare front seem to pack a punch.
Read more...“In 2025, States Will Flip the Script on Taxes to Make the Wealthy Pay Their Fair Share”
State-level activists have been building coalitions to implement higher and more extensive taxes on the wealthy. What are their prospects?
Read more...Trump’s 2017 Tax Cuts Expire Soon − Study Shows They Made Income Inequality Worse and Especially Hurt Black Americans
The first-term Trump tax cuts, increased inequality. So why does there seem to be so much complacency about their renewal?
Read more...It Is Possible to Have a Flat Tax, or to Have Democracy, but Not Both
Why a flat tax is yet another scheme to further enrich the rich and weaken the political power of ordinary citizens.
Read more...The New Economy and the Tariffs and Tax Breaks to Launch It
Analyses of planned Trump tariffs differ somewhat on the impact, but all find them to be negative. Will the Supremes save Trump from himself?
Read more...How Corporate Vehicles Conceal Crime and Chicanery
Financial vehicles designed to conceal wealth and questionable activity fuel corruption and crime while allowing perps evade accountability
Read more...TaxCast on Green Laundering, Combatting Big Corporate Tax Dodging with Joseph Stiglitz, EU Competition Minister Margrethe Vesterger
A look at corporate misbehavior, here extreme tax avoidance and green laundering, and the progress of efforts to combat it.
Read more...Progressives Sound Alarm as Harris Courts Crypto Industry
“Crypto is a haven for businesspeople with nefarious or criminal intent.”
Read more...Harris Can’t Embrace Billionaires if She Wants to Win
But has she already embraced them?
Read more...Kamala’s Failed Opportunity
In her DNC speech, Kamala Harris embraced Republican language on the economy. So how deep does her purported progressivism run?
Read more...Project 2025: The US Far-Right Plan to Undermine Democracy and Rights Globally
The Heritage Project 2025 plan is a program for the next president to roll back rights in US and abroad – including draft policies
Read more...Satyajit Das: The Rich Are Different!
A discussion of how the rich got to be that way and why their justifications for their advantaged status don’t stand up to much scrutiny.
Read more...