Tag: policy
Telework’s tax mess: A permanent side effect of the pandemic
As teleworkers flit from city to city, they’re creating a huge tax mess. Why it matters: Our tax laws aren’t built for telecommuting, and this new way of working could have dire implications for city and state budgets. “There’s gonna…
Biden’s economic centrism isn’t exciting, but right for these divisive times
In an age of hyperpartisan politics, the Biden presidency offers a welcome centrism that might help bridge the divides. But it is also Biden’s economic centrism that offers a chance to cut through what has become an increasingly polarised approach…
Inauguration Day dashboard
Joe Biden’s inauguration and the days right after will bring a rat-tat-tat burst of climate policy moves, but keep this in mind amid the splashy pledges: pushing through most of his agenda will be a long, uncertain slog. Why it…
T
The economy can’t guarantee a job. It can guarantee a liveable income for other work
When the coronavirus pandemic hit Australia in March 2020, the Morrison government took bold and imaginative action. The most notable examples were its income support programs – JobKeeper, paying a A$750 weekly subsidy to employers to keep workers on the…
Biden picks Warren allies to lead SEC, Consumer Financial Protection Bureau
President-elect Joe Biden has selected FTC commissioner Rohit Chopra to be the next director of the Consumer Financial Protection Bureau (CFPB) and Obama-era Wall Street regulator Gary Gensler to lead the Securities and Exchange Commission (SEC). Why it matters: Both…
Off the rails: Conspiracy theorists commandeer Trump’s legal operation
Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. This Axios…
Off the rails: Trump’s premeditated election lie lit the fire
Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. Axios takes…
Millions won’t get stimulus money before the IRS cut-off date
A chunk of stimulus payments are missing in action, thanks to a mix up that put as many as 13 million checks into invalid bank accounts. Why it matters: The IRS (by law) was supposed to get all payments out…
Government funds are not ‘taxpayer money’ — media and politicians should stop confusing the two
Rhetoric plays an important role in tax debate and therefore tax policy. If your side manages to gain traction in the public imagination with labels such as “death tax” or “dementia tax”, you have gone a long way to normalising…
All eyes on Federal Reserve chair Jerome Powell as interest rates creep higher
With long-term U.S. interest rates creeping higher and the stock market rally looking increasingly bubblicious, market participants will have a keen eye on remarks by Fed chair Jerome Powell today at Princeton University. Why it matters: The uncertainty created by…
Democrats seek progressive overhaul of the U.S. financial system
Now in control of Congress, Democrats are looking to give the U.S. financial system a progressive overhaul, incoming Senate Banking Chairman Sherrod Brown said Friday. It will be a tall task. What we’re hearing: “This committee in the past has…
I
Increased US support for Taiwan angers China | DW News
On Wednesday, US Ambassador to the UN, Kelly Craft travels to Taiwan, an island which neither the United States nor the United Nations recognise as a country. In fact, up until a few days back, official US policy restricted interactions…
Amazon’s Parler ban sets off a free speech showdown for Big Tech
Amazon’s decision to boot conservative chat site Parler from its hosting platform, on the heels of Twitter and many other services banishing President Trump, brings three decades of hot argument over online speech to a boil. Why it matters: Four…
Despite appearances, this government isn’t really Keynesian, as its budget update shows
By Contributor on January 18, 2021