Raising the age for Medicare eligibility from 65 to 67 is front and center in the GOP plan to avoid the fiscal slope – but it’s merely a budgetary sleight of hand that shifts costs to seniors and their families, employers and the states.
Recently, the New York Times released a database examining the incentives and subsidies corporations receive from various states. They identified 48 companies that have received more than $100 million in state grants since 2007, including companies with strong ties to Washington state such as Amazon ($348 million), Boeing ($338 million), Microsoft ($312 million), Weyerhauser ($406 million), and Orca Bay Seafoods […]
Given all of the recent talk about closing tax loopholes and deductions, here’s a chart showing sources of federal revenue. This chart is interesting because it comes from a recent report issued by the Senate Subcommittee on Investigations, which is exploring “how U.S. citizens and multinational corporations have misused and at time violated tax statutes […]
Every day we hear about the fiscal cliff. But don’t be scared, because in reality it’s a fiction of rhetoric, foisted on the American people by Wall Street and inside-the-beltway politicians, especially those who just took a drubbing in November’s elections. The crowd of Wall Street elites and DC losers want to use the fiscal […]