New Orleans This one caught me by surprise. Congress managed to sneak through a provision in the tax-cut deal at the end of 2015 that both punishes the poor and privileges predatory products long targeted and increasingly scorned by banks and tax preparers. What’s the deal? Beginning in the 2017 tax season, the new law …
Category: Citizen Wealth
Green Papers and the Value of the Volunteer Research Army
New Orleans One of the constant dark holes of US politics is the arcane art of understanding delegate selection for the existing political parties, since all of these rules lie in the mysterious workings of the various fifty odd states and outlier territories. In fact the same is true of voter registration procedures, party formation …
Robber Barons behind Payday Lending and Their Enablers
New Orleans In trying to take a close look at payday lenders, we’re always interested in who the money bags are behind these predatory lenders who are feasting on lower income and desperate families. It’s not a pretty picture and the perhaps the worst snapshot comes from looking at one of the world’s big outfits, …