An IPS intern offers her unique perspective on low wage work, tipped minimum wage, and the insurmountable burden of student loan debt
The "Fix the Debt" lobby group called a recent IPS report "lies and mudslinging." But rather than attacking IPS research, the group may want to focus on resolving their own inconsistencies.
Offshore tax dodging costs United States $150 billion annually -- groups illustrate impact with 16 dramatic ways lost revenue could be used.
Without trimming the safety net, an Institute for Policy Studies framework would shrink the federal budget deficit by $881 billion per year while making the United States more equitable, green, and secure.
We can save $440 billion over a 10-year period without compromising national security.
“The ‘Fix the Debt’ CEOs are trying to pass themselves off as noble leaders who are willing to compromise in order the save America from financial ruin,” says report co-author Scott Klinger. “In reality, the campaign is a Trojan horse concealing massive corporate tax breaks that would make our debt situation much worse.”
This business-driven initiative is using the so-called fiscal cliff as a cover for tax-code changes that would damage our economy.
Over a third of U.S. states now allow police to jail people for owing all matter of debts, from medical bills to credit card and auto loans.
As it graduates from college, Generation Y has a chance to become the Global Generation.
Even if sequestration cuts across all military programs, this sort of ham-handed approach is safely doable.