Seemingly complex and sophisticated econometric modeling often fails to take into account common sense and observable reality.
tax policy
Posted inEconomic Policy
Closing the Earned Income Tax Credit Audit ‘Doom Loop’
More taxpayer education could get some people out of this IRS vortex, but the real issue is assumptions guiding the agency’s apparent fixation on certain Black filers.
Posted inMoney, Politics, and Power
Intuit’s Top Lobbying Firms Are Also Major DSCC Bundlers
Congress is set to receive a report on how the IRS can streamline the tax filing process after lobbyists for Intuit bundled millions for the Senate Democrats’ campaign arm.
Posted inHousing and Transportation
How Los Angeles Tenants Beat the Landlords—for Now
The rise of a renters’ movement and their electoral victories last November have reshaped some fundamental city policies.
Posted inMoney, Politics, and Power
Elon Musk Shows How Oligarchy Poisons the Speech Commons
Free speech is not when one rich guy gets to shout 1,000 times louder than anyone else.
Posted inMoney, Politics, and Power
Senate Republicans Claim to Care About Taxpayer Rights
In the first hearing for Daniel Werfel to head the IRS, Democrats praised the Inflation Reduction Act as Republicans derided the agency’s new funding.
Posted inEconomic Policy
The Transformation at the Heart of Biden’s Middle-Out Economic Agenda
The economy is not about money; it’s about people.
Posted inEconomic Policy
The Working-Class Roots of ‘Woke Capital’
Workers provide the bulk of the money invested by asset managers, but do not have control over those investments.
Posted inEnergy and the Environment
Supercharging Green Public Power
The president’s signature climate bill is a huge deal for publicly owned electricity. But it will take work to unlock its potential.
Posted inAmerica and the World
Ukraine’s Neoliberal War Mobilization
Low taxes, privatization, and pared-back labor protections could undermine Ukraine’s fight against Russian aggression.
