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Finding a SALT Tax Deduction Workaround
Trump's tax reform limits the State and Local Tax (SALT) deduction to $10,000, disproportionately affecting high-tax states with progressive policies. These states can avoid the problem, though, by shifting to payroll taxes instead of income taxes. CEPR's Dean Baker explains

  February 16, 2018

The Free Market Threat to Democracy
Democratic institutions are not under stress--they're under aggressive attack, as unconstrained financial greed overrides democratic decisions, says economist John Weeks

  February 16, 2018

Trump Privatizes America
Trump's infrastructure privatization plan is a hat trick that optimistically turns $200 billion into $1.5 trillion, is designed to eliminate the public sector and to bankrupt cities and states, says economist Michael Hudson.

  February 12, 2018

'Normalizing' Britain's Interest Rates by Raising Them May Slow Economy
The Bank of England announced plans to raise interest rates to combat inflation, but the actual effect will be to slow its economy and raise unemployment in light of a phantom threat, explains economist Mark Weisbrot

  February 12, 2018

Unregulated Financial Markets Created a Stock Bubble
The current average price-to-earnings ratio of stocks is still far above the historic average, so we should not be surprised that there is a stock bubble and that it burst, explains PERI economist Robert Pollin

  February 9, 2018

Trump Budget: Reaganomics + Military Keynesianism = Deficit Boom
What is really needed is massive spending on an egalitarian green economy, says economist Robert Pollin of PERI

  February 8, 2018

The Rise and Fall of the Stock Market: What to Expect
Economist Dean Baker says that after such a sharp run-up in stock prices, "it really shouldn't be a surprise to anyone that you're going to see some downturn in the market"

  February 8, 2018

Public or Private Ownership of Banks: Which is More Efficient?
Devika Dutt of PERI explains the gap between common economic thinking, which favors private ownership of banks, and the data

  January 16, 2018

Trump Tax Reform Targets High-Tax States, But There is a Way Out
The limitation of state and local tax deductibility from the federal tax code will hit high tax states hard, but states can find ways around the law to maintain their revenues and the benefits they provide their citizens says CEPR's Dean Baker

  January 4, 2018

Corker's Tax Vote: Coincidence or Kickback?
Holdout Senator Bob Corker dropped his opposition to the tax bill after Republicans inserted a last-minute provision that would benefit him financially. We discuss Corker and the tax bill's upward wealth transfer with economist Dean Baker

  December 19, 2017

GOP Tax Bill: The Great American Heist
The "insane and opaque" tax bill had no hearings and no independent experts; it was informed only by lobbyists. And it's going to blow up the deficit and gut social programs, says economist and white-collar criminologist Bill Black

  December 6, 2017

A Green New Deal for Washington State
Trump may be leading the US backwards on developing a Green Economy but a new study by the Political Economy Research Institute at UMass, says Washington State can pave the way to a New Green Deal. Prof. Robert Pollin and AFL-CIO Labor leader in Washington State discusses the study and the possibilities. Link to report

  December 5, 2017

Trump Tax Plan Would Slash Charitable Giving by Almost 40%
According to some estimates, there would be between $13-$95B less in charitable giving by individuals, because raising the individual deduction removes the tax incentive to give, says David Callahan, founder and editor of Inside Philanthropy

  December 1, 2017

Digital Superpowers Poised To Increase Global Inequities Under the Label of E-Commerce
Public forum sheds light on dangers ahead for most countries by the push for comprehensive deregulation backed by big players at the forefront of new technologies like Big Data and Artificial Intelligence

  November 20, 2017

Divided Congress Unites to Spend $700B on Military and War
House Democrats and Republicans have approved a nearly $700 billion military spending bill, almost $100 billion more than President Trump and the war profiteers he's appointed had sought

  November 18, 2017

GOP Tax Plan Would Scrap 'Individual Mandate' and Raise Premiums
Senate Republicans' tax reform proposal and their plans to repeal the individual mandate are the "same sort of cynicism," says economist Dean Baker

  November 16, 2017

Trump's Tax Man, and Tax Plan, for the 1%
As Republicans prepare to unveil a tax plan favoring the wealthiest Americans, President Trump has quietly tapped a problematic interim IRS Director, says economist Dean Baker

  November 2, 2017

'Serving Our Country': Hospitality Workers' Union Organizes National Day of Action
Many hospitality workers struggle to make ends meet in a $180 billion industry

  November 1, 2017

Real Media: Who is Driving the Cashless Society?
Financial activist & author Brett Scott details the motives behind the drive for cashless society, who will benefit and why technology has a chronic ethical problem

  October 30, 2017

IMF Worried that High Inequality Could Threaten Global Capitalism
All income growth of the past few years is going to the top 10 percent, without paying more in taxes. IMF says that higher taxation of the top earners would not impinge on economic growth, explains economist Michael Roberts

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