This Demos Explainer explores the tension between political support for deficit reduction versus job creation and economic security policies. Most available research indicates a significant difference in priorities between the majority of Americans and the affluent that comprise the political donor...
New York – Public interest in the tax rate of Warren Buffet's secretary, Mitt Romney's capital gains, and the rise of super wealthy supporters of Super PACs all point to an undeniable fact facing the United States: Our tax system is one that favors the wealthy and powerful increasingly at the...
One aspect of Paul Ryan’s new budget that hasn’t drawn much attention is that it is a big love letter to the Pentagon. Ryan rejects the idea that budgetary pressures should have any effect on defense spending, which he argues should be dictated purely by “strategic” calculations. Among other things...
Demos' Heather McGhee explains why the Buffett Rule is needed to address tax loopholes for capital gains and carried interest -- the very loopholes exploited by private equity investors.
Demos' Richard Brodsky goes on FOX Business to defend fair taxes for the wealthiest 1 percent, whose incomes have grown 275 percent since 1979 according to the Congressional Budget Office.
Any college freshman in Econ 101 can tell you about the famous "Guns or Butter" model. A simplified version of a country's spending choices, it lays out the costs and benefits of investing in "guns" (defense), or "butter" (civilian goods). The recent failure of the not-so-super committee, which...
Demos' Bob Herbert sits down with Rachel Maddow to discuss the hypocrisy of the GOP's opposition to a much-needed payroll tax cut.
The American middle class did not create itself in the 20th century. Rather, a post-war model of robust public investment in our nation’s people and institutions (despite high deficits) led to unprecedented shared prosperity. But if current trends continue, the middle class may not be recreated in...