Headline Rewrite: Spending Cuts and Tax Breaks for the Rich Could Prompt Recession Next Year
I like how the headline on the article linked below cites only “tax increases” as the problem with next year’s budget. While there are some issues with taxes that will affect the middle class, the real issue are staring us right in the face in the text of the article: spending cuts and tax breaks [...]
How Government Preys on the Poor
Barbara Ehrenreich has a new blog called Economichardship.org, which talks about how the Great Recession is impacting regular folk. This article has some information on how government and law enforcement are getting into the business of making money off the poor. At the local level though, government is increasingly opting to join in the looting. [...]
38 Studios Writes Rubber Check to RI
It just keeps getting better. From the Boston Globe: Curt Schilling firm to make $1.1m payment, may miss payroll..
38 Studios and the ‘Job Creator’ Logic
The news is not good for the $75 million dollar gamble that Governor Carcieri talked the state of RI into taking. It looks like 38 Studios is already looking for a bailout. From Bob Plain at the RIFUTURE blog: 38 Studios and the ‘Job Creator’ Logic.
Stephen King: Tax Me, for F@%&’s Sake! – The Daily Beast
If only more people could cut through the right-wing “protect the rich” talking points like Stephen King, we might actually have a strong middle class again. Stephen King: Tax Me, for F@%&’s Sake! – The Daily Beast.
Maybe the Government Needs to Regulate CEO Pay
After adjusting for inflation, we pay CEOs today four times what they made in the 1970′s. Pay-for-performance is the idea behind exorbitant CEO pay, but the fact is that CEO’s make big money whether their companies perform or not. CEO pay is a problem that is affecting us all as we struggle to afford housing, [...]
R.I.’s women-owned businesses falling behind – PBN.com – Providence Business News
Being a woman-owned business myself, it is concerning to hear that, while there are a growing number of women-owned businesses in Rhode Island, they are employing less people. Our employee numbers in Rhode Island have decreased by 26.8 percent since 1997, and that this was the “worst decline in the country for percentage change of [...]
The Nonprofit 1 Percent — Village Voice
I have worked at several non-profits over my 20-year professional tenure since college, and it has always been a question in my mind how the top tier in non-profits could be paid so much money. It seems that since non-profits benefit from their tax status, it would make sense for them to be required by [...]
Chart of the Day
Reblogged from Gerry Canavan: Reasons why it feels like we’re running harder and harder and not getting anywhere in the middle class.
Providence and the Non-profits
Reblogged from On Politics: Once again, Providence politicians are looking to the city’s private colleges for money to help shore up the city’s poor finances. RIPR political analyst Scott MacKay says these non-profit institutions shouldn’t be seen as cash cows for the city. There has been more rhetoric than reality in the latest dispute [...]
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