True Spirit of America Party

A friendly reminder to all readers:  contrary to popular opinion, it is entirely possible to have a better than Nordic-style social welfare ...

The federal tax code has become increasingly Byzantine in its complexity , and the very rich easily get away with paying next to nothing due...

It is well known that excessive inequality is very harmful to both the economy and society at large.  Even before we learned the truth abo...

Although the government shutdown and debt-ceiling brinksmanship  has been averted  (for now), the $21+ TRILLION question remains:  what are ...

A scathing new report by the Economic Policy Institute confirms what progressives have already known:  corporate tax cuts will NOT boost wa...

The latest news shows that the Dow Jones recently reached a record high, and remains above 16,000.  Corporate profits are at a record high, ...

A recent study , by the Wall Street Journal of all places, confirms what the bottom 99% of Americans have long suspected for years: the so-c...

Looks like Congress finally passed a budget deal to get us through the next two years, just in time for the holidays.  The deal was made b...

It's official.  The questionable study that was used to justify draconian austerity measures in several nations (including our own) and ...

The sequester has now been in place for over a month, and it is already beginning to do damage to our still fragile economy.  As we have no...

It looks like the sequester will go through, at least for a while, before Congress gets their act together (if they ever do).   Republicans ...

What exactly is the ideal type of tax?  It depends, of course, on your definition of "ideal", but most folks would probably agree ...

It's now official.  The so-called fiscal cliff that had nearly everyone (especially Republicans) nervous has been averted due to a bipar...

Deal or no deal?  That is the question that still hasn't been answered. But remember, no deal is better than a bad deal.   Obama is st...

With President Obama's re-election already won, the next hurdle to face is the so-called "fiscal cliff", which is a set of ta...

We've been saying this before, and we'll say it again.  Contrary to what the top 1% and their lackeys like to claim, tax cuts on the...

Our national debt is approaching $16 TRILLION dollars, and our deficit remains well over a trillion, meaning that the debt is still growing ...

In our previous post , we essentially debunked the right-wing talking points about the Laffer Curve.  We showed that, generally speaking, th...

Most people (at least those who took Econ 101) have heard of the Laffer Curve.  This idea is often attributed to economist Arthur Laffer in...

This tax day, April 17, about 230 million American taxpayers will file a federal income tax return if last year's numbers are any indica...