>"The proposal is great in principle, but it is too early to speculate on what it will achieve in practice."

"It is no secret that Illinois and Chicago are in a financial crisis, mainly due to underfunded pensions (Better Gov has a great primer on the issue). Some argue that taxes should be raised to fund pensions, others that benefits should be _...Read More_

>"The president’s tax proposals would alter wealthy Americans’ investment strategies and reignite the long-running political debates over the link between tax rates and economic growth."

Republicans aren't about to bite the hand that feeds them. When Reagan fired the air traffic controllers in 1981, it began the _...Read More_

>"Rarely does one hear about upward redistribution, whereby a few cents taken from everyone make a few individuals very rich indeed. Worse, the 2020 US election all but ensures that this 'trickle-up' dynamic will continue.American _...Read More_