income tax

IMF Worried that High Inequality Could Threaten Global Capitalism

October 27, 2017

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

Trump’s Tax Giveaway to the Rich Won’t Boost Economy

September 27, 2017

Donald Trump’s tax plan lowers highest income tax bracket and the corporate tax rate and eliminates the estate tax and the alternative minimum tax, all of which will massively benefit him and his rich friends, explains CEPR’s Dean Baker

Chinese Reforms Make Rich Even Richer

November 19, 2013

Minqi Li: Chinese Communist ‘Plenum’ meeting resulted in a promise for market reforms, including privatization and deregulation of public utility, energy and other state-owned companies.

Deficit is Dropping but is there a Real Recovery?

May 22, 2013

Bill Black: With surge in stock market, the wealthier are paying more taxes but working class wages are not rising and unemployment remains high, so this does not mean a sustained recovery of the real economy is underway

Social Security Reform

April 14, 2013
Joseph Minarik (former chief economist of the Office of Management and Budget for eight years during the Clinton Administration) and economist Richard Wolff take on President Obama’s proposed changes to Social Security

Putin Promotes Russia as Tax Haven – Gives Depardieu Citizenship to Flee French Income Tax

January 8, 2013

Aleksandr Buzgalin: Putin shows he is a right-wing neo-liberal politician as he promotes Russia as a paradise for the rich