James Kwak

5 reasons to support higher taxes right away… More »

The Bush/Obama tax cuts saved me thousands of dollars. I'm ready to donate it all to politicians who want to double my taxes.… More »

Recent votes in the House show how difficult it will be to deal with our long-term deficit problem. Things are unlikely to get better anytime soon.… More »

President Obama's health care reform turns two this week. It's an imperfect law, but Republican alternatives cut health care spending solely by shifting expenses from government budget to family budgets… More »

Rick Santorum called universities "indoctrination mills." Mitt Romney told a student that government shouldn't pay for the education of lower-income kids. How did it come to this?… More »

There are two possible outcomes of the candidate's proposal to cut taxes by 20 percent: Either the deficit explodes or the rich pay much more.… More »

The investment wealth of Mitt Romney and Mark Zuckerberg is impressive and uncommon. But it doesn't necessarily deserve such uncommon treatment in our tax code.… More »

The anniversary of the landmark Citizens United case is tomorrow, and the evidence still suggests that we can't trust corporate political spending… More »

Republicans and some Democrats claim that we have to radically change Medicare because we can't afford it. They're wrong on both counts.… More »

For the country's biggest financial institutions, it's always worth it to break the law, because the government has no way to make the banks pay for acting illegally… More »

Newt Gingrich, Grover Norquist, and the GOP had a master plan to turn the U.S. into a low-tax, small-government society back in 1994, they would be ahead of schedule today.… More »

Rick Perry and Herman Cain have made tax plans that would make millionaires vastly richer while raising taxes on the middle class. It's voodoo economics gift-wrapped for rich voters.… More »

Letting the tax cuts die is not a panacea, but a first step toward a making more progressive policies possible.… More »

It's becoming clear that Freddie Mac offered Bank of America a sweetheart deal in a case that suggests something worse than ignorance.… More »

We must require companies to reveal how much money they are spending and where it's going.… More »

Steve Jobs is unique, but one lesson we can take from his story is more universal. The first executive often makes for the best executive.… More »

Printing money isn't "treason." It's Ben Bernanke's job. And it's high time for the Fed chair to do it.… More »

S&P's downgrade underlines the need for U.S. lawmakers to come together to raise revenues. Let's reform the tax code by filling the holes in the cheese.… More »

Social Security and Medicare should depend on how much risk we want to pool--not on whatever happens with everything else.… More »

The idea that there is one thing called "government"--and that you can measure it by looking at total spending--makes no sense… More »