News and perspective on public policy issues affecting Washington's economy and quality of life, brought to you by the Economic Opportunity Institute.
They may be millionaires, but they’re just like you and me. Millionaires don’t seem to move around much, even if their taxes go up. When a pair of researchers examined “outmigration” rates in California before and after an income tax increase, they found: Outmigration among millionaires actually declined after the tax increase took effect, and it […]
So Mitt Romney thinks that 47 percent of us are moochers. Let’s keep in mind that Mr. Romney is only referring to the federal income tax. He disregards what comes out of each and every one of our paychecks for Social Security and Medicare. And that’s a hefty amount — 7.65 percent before the great […]
Looking at the weather map, how can you not be grateful we live in the Northwest? The rest of the country is sweltering and steaming in heat and humidity with no end in sight — meanwhile, we keep the comforter on the bed, the window cracked for fresh air, and enjoy mostly sunny days that […]
If you lived in a run-down house and all of a sudden your family got a lot of money, what would you do? Most people would think about fixing up the rickety front steps, replacing the leaky shower, and painting the back bedroom, for starters. But what if that new money came in the form […]
