Monthly Archives: September 2011

Millionaires, The Middle Class, and Taxes — Actual Numbers

Source: Paul Krugman The Tax Policy Center has new numbers about the distribution of average tax rates by income class. Consider, in particular, the estimates of the combined income and payroll tax by income class; I’ve deleted a couple of … Continue reading

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This Time is Different

Source: Josh Lehner The following provides an update on the great research that Carmen Reinhart and Kenneth Rogoff conducted regarding the build-up and subsequent bust of historical financial crises. While their work on crises was largely conducted in the time … Continue reading

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Rich People’s Taxes Have Little to Do with Job Creation

By Michael Linden | June 27, 2011 Last week we pointed out that even though conservatives seem obsessed with the top income tax rate, overall economic growth was actually stronger during periods of higher tax rates. But maybe we missed … Continue reading

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Hacking the recalls: Why we must have hand-counted paper ballots and citizen exit polls

By Grant Petty It goes without saying that the outcomes of the nine Senate recall elections scheduled in Wisconsin will be of intense interest to most of the UW-Madison community.  Forecasting the outcome of elections weeks in advance is always … Continue reading

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Republicans constantly lie about taxes and small businesses

Source: Center on Budget and Policy Priorities I just heard yet another republican spouting lies about how we can’t raise taxes on the wealthy, because it’ll just kill small business job creation. The best data on this comes from the … Continue reading

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Washington politicians must think we’re stupid

(Excerpts from Public Campaign) They take money from powerful corporate interests like Big Oil and Wall Street. They introduce, debate and pass legislation that boosts the bottom lines of these companies. And they expect us to believe that the campaign … Continue reading

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The Poor get Poorer

Another 2.6 million people slipped into poverty in the United States last year, the Census Bureau reported Tuesday, and the number of Americans living below the official poverty line, 46.2 million people, was the highest number in the 52 years … Continue reading

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