Daily Policy Digest
Tax and Spending Issues
| The Fortunate 400 Virtually no one has remained on the IRS' list of the top 400 earners in terms of adjusted gross income for all the years it has been kept... |
| Mass Transit Subsidized Heavily A fair look at the whole picture shows that government subsidizes mass transit much more heavily than it subsidizes driving... |
| The Pension Benefit Guaranty Corporation: Who Will Guarantee This Guarantor? According to a recent estimate by Credit Suisse, multiemployer plans nationwide have liabilities $369 billion greater than assets... |
| Boondoggle Harvest Farm income is at its highest in almost 40 years, and farm failures are down to a rate of less than one in 200 a year... |
| Should We Hire Even More Teachers, Cops and Firemen? In 1978 there were 19.3 pupils per teacher in public K-12 schools; in 1998 the number was 16.4, and by 2008 there were 15.3 pupils per teacher... |
| Paving over Pension Liabilities Corporations are lobbying for Congress to allow them to increase the discount rate for pensions, allowing accountants to assume better investment performance and thus setting aside fewer dollars for future obligations... |
| Who Are America's Millionaires? From 2001 to 2010, the share of income taxes paid by millionaires was roughly twice their share of total adjusted gross income... |
| Auto Bailout or United Auto Workers Bailout? Subsidizing United Auto Workers compensation cost $26.5 billion -- an amount that exceeds the estimated taxpayer losses on the bailout program... |
| There's a Triple Tax Increase in Your Future Effectively, the expiration of the Bush tax cuts will triple the taxes on capital gains and dividend payouts overnight... |
| Lawmakers Weigh Tax Schemes in the Garden State New Jersey had the highest per capita property tax collection in 2009 and has been ranked as one of the top five states with the worst individual tax burden since 1977... |
