As the debate over income equality in the US continues to build, economists and policy makers are focusing on the large amount of new and old studies that attempt to quantify the rising disparage of incomes. However, many of these studies and statistics can be misleading because they do not take several important factors into … Continue reading
By Will Portman On Monday, I went to a talk at the Brookings Institution entitled “America’s Dysfunctional Politics: Is the Constitution to Blame?” Professor Sanford Levinson of the University of Texas School of Law discussed his new book, Framed: America’s 51 Constitutions and the Crisis of Government, which argues that the 225-year-old U.S. Constitution is … Continue reading
In a recent New York Times piece, Robert H. Frank attempts to explain the dynamics behind the continued growth in college tuition in the United States. Using elegant analogies, Frank points to rising costs for universities, such as increasing salaries for professors and technological degrees.[1] Responding to the President’s recent call to tie subsidies to … Continue reading
At a time when unemployment is skyrocketing and the economy is dwindling, I can’t help but be filled with the smallest amount of joy and hope when I see the government making changes that will actually benefit the public instead of harming them. On March 9th, Governor Martin O’Malley of Maryland submitted to the Administrative … Continue reading
The fight over income inequality and a fair tax code has dominated the recent political debate. The White House, along with all the GOP presidential candidates, and every think tank in Washington has submitted their blueprint of what a reformed tax code should look like. Obama’s tax plan focuses on eliminating distortions and loopholes and … Continue reading
By Will Portman According to a recent Gallup poll, 76% of Americans think that most members of Congress don’t deserve to be re-elected. The same poll, however, showed that a majority of Americans, 53%, think that their representative does deserve to be re-elected. The mentality seems to be something along the lines of, “Throw the bums out! Just not … Continue reading
By Will Portman Yesterday I attended a panel entitled “A Millionaire’s Tax and the Economy” at the Center for American Progress. One of the panelists, Senator Sheldon Whitehouse (D-RI), discussed his bill, the Paying a Fair Share Act, which would mandate that individuals earning above $2 million a year pay at least 30 percent federal … Continue reading
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