The news of looming cuts in California's education system is, an and of itself, depressing and frightening. Considered as part and parcel of a pervasive American tic -- the ability to be both aware of a problem but obstinately unwilling to do anything to solve it -- well, one can't help but be...
Senior Fellow David Callahan was on CNBC to talk about the need for tax reform that protects the middle-class.
Sometime later this year, the U.S. government is forecasted to hit its debt ceiling again, and the federal budget will once again occupy the attention of Washington as well as voters since it promises to be a hot presidential election topic. However, it is now quite widely known that the...
Last summer, on her final day as the Chairman of the FDIC, Shelia Bair decried the short-termism that has overtaken both Wall Street and Washington, where “[o]ur financial markets remain too focused on quick profits, and our political process is driven by a two-year election cycle and its...
Heather C. McGhee called for letting the Bush tax cuts expire MSNBC's "Up with Chris Hayes." She explained that we need to abandon these cuts and start over to make the system fairer and to collect badly needed revenue.
Heather C. McGhee advocated for real economic investment in the majority of Americans on MSNBC's "Up with Chris Hayes." She explained why public support for the Buffet Rule is both "symbolic and important" and how conservative leaders are trying to co-opt the idea of "tax fairness" to help the...
Just two days before Tax Day 2012, Senior Fellow David Callahan appeared on CBS' Sunday Morning Cover Story to discuss the issue of Americans cheating on taxes. Watch David discuss how honest taxpayers cover the billions of dollars lost when tax evaders cheat the system.
Benjamin Franklin, who used his many talents to become a wealthy man, famously said that the only things certain in life are death and taxes. But if you’re a corporate CEO in America today, even they can be put on the back burner – death held at bay by the best medical care money can buy and...
Again, the facts suggest otherwise. The first two years after the official end of the Great Recession, more than 84 percent of all growth in national income went exclusively to corporations. American workers, meanwhile, were able to grab just 4.4 percent of income growth in the post-Recession...
There is no shortage of alarmism when it comes to corporate taxes. Earlier this year, Mitt Romney said that the U.S. tax code “looks like it was devised by our worst enemy to tie us in knots.” A more recent memo drafted by the Senate Republican Caucus claimed that the “corporate income tax harms...