Forty years from now, America will be twice as rich on average as we are today. But most of that wealth will go to the very richest households. We only have a budget crisis if they refuse to pay higher taxes.
It's investment income.
Chief executives are getting away with a clever trick: Publicly calling for higher taxes while giving money to the presidential candidate who will cut theirs
Neither Obama nor Romney is offering a perfectly plausible vision of America: A stronger safety net and better security paid for with higher taxes on more than the top 2%.
Last week, the Washington Post published a take down of entitled "job creators." Well, I really am a job creator. And here's what I think the country and I are entitled to.
Our economy and tax system already bestow large rewards on people who start successful businesses. It's the rest of America that needs help.
The government should be proud of its amazing rescue of AIG. But even this "good" bailout came at a steep price.
This is one issue where Obama and Romney agree: We must do something to prevent a steep and simultaneous tax increase and spending cut in early 2013. But what if we don't?
Do we respect the power of software as much as we should?
(1) There's so much money at stake for individual players. (2) There's so much complexity in the laws and rules. (3) There's so much reluctance at the top to make fundamental changes.
Sometimes the Supreme Court seems to behave as if it exists in the same universe as rational human beings. Sometimes it doesn't. Today it did both.
From the financial collapse to Citizens United, America's recent past put it on a dangerous track.
Let's hope the Republican Party is bought and paid for by the rich. The other explanation for their interest in raising taxes at the bottom is far more disturbing.
5 reasons to support higher taxes right away
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.
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.
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
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?
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.
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.