New Orleans When I wrote Citizen Wealth: Winning the Campaign to Save Working Families, with my editor’s encouragement I labored pretty hard to make the case that major corporations understood the importance of citizen wealth or income security for lower income families and some had in fact fine tuned their business models to live and …
Tag: Citizen Wealth
Breadlines: The Impact of Budget Cuts on Citizen Wealth
Toronto If anyone really wants to know what the impact of Congressman Paul Ryan’s budget proposals, Tea Party harangues, and Republic policy propositions would be for working people, it might be worth taking a look at the impact of the current austerity program in Britain under the conservative government there. A friend in Toronto sent me …
Toil Index and Tax Credits for Home Ownership
Robert Schiller from Yale gave props to Richard Green of USC for his recommendation that there be a targeted tax credit to encourage homeownership. Green and Andrew Reschovsky of Wisconsin have studied the data closely are clear that the real benefit of existing tax policy allowing a standard deduction for interest on mortgages is for …