As Ezra Klein’s research desk explains, most studies show that rich people don’t flee higher-tax states for lower-tax ones and “the revenue generated by state tax increases on high earners overwhelms that lost from taxpayers’...
With the country facing high unemployment and a weak economy in the short term and severe budget problems in the long term, you’d think that senators negotiating a jobs bill would be trying to maximize...
“Most striking is the sense of political paralysis in both chambers and an almost visceral hunkering down in the face of the tough choices ahead,” Politico’s David Rogers wrote this morning regarding the Senate’s failure...
After we issued a report explaining why Senator Thune’s amendment to the pending jobs bill would essentially shut down much of the federal government through the end of the fiscal year (and blogged about it...
The House-passed tax extenders legislation, which the Senate is now considering, would partially close a loophole that allows shareholder-employees of S corporations to avoid paying payroll tax. These people receive both wages from the firm...
As Congress dithers over the latest jobs bill, unemployed workers throughout the country face another week of uncertainty about their unemployment insurance (UI) benefits. A needed extension of the temporary UI benefits and subsidized COBRA...
Senator John Thune’s amendment to the jobs bill may seem reasonable at first, but in reality it would essentially shut down much of the federal government from mid-July through September 30, the end of the...