Self-interest & Voting

In a Slate article — "Buy Stock, Vote Bush" — Daniel Gross points out that the conventional wisdom about stock ownership and Republicanism doesn't hold up to scrutiny. He offers the following as the first of many possible explanations for this: … the flip side of Thomas Frank's theory in What's the Matter With Kansas. [Read More...]

The Landlord Society

Stephen Moore of the Club for Greed weighs in on President Bush's second-term "ownership society" agenda: "By doing these things in little bitty steps at a time, it's sort of like a slippery slope, but in the right direction." The right direction for people like Moore means taxing wages, but not wealth. It means cutting [Read More...]

The Dot-Org Crash

How President Bush is defunding the "armies of compassion" The Congressional Budget Office was in the news last week for confirming the already known: most of the benefits of President Bush's tax cuts have been enjoyed by the wealthy and the super-wealthy. It was at least the second official pronouncement of the obvious this month [Read More...]

Breaking promises

So in this story you have an old uncle who lives in a mansion outside of town. Your uncle owns the valuable mansion outright, but has little else in the way of assets and income. He proposes a deal. If you will provide him with money to live on, a percentage of your wages, you [Read More...]

Only the little people pay taxes

Associated Press tax reporter Mary Dalrymple tells us that: … congressional investigators found that 27,000 defense contractors owed a total of $3 billion in unpaid taxes. Auditors at the General Accounting Office, the investigative arm of Congress, studied taxes owed in the budget year that ended Sept. 30, 2002. The GAO report — available as [Read More...]

It happens every winter (part 3)

LIHEAP — the Low-Income Housing Energy Assistance Program — seems like it should be a natural for President George W. Bush's "compassionate conservatism." The federal program provides financial assistance for poor households to allow them to pay their heating bills during the winter. "Financial assistance for poor households" may not seem like a high priority [Read More...]

Luxury homes (cont’d.)

The last few weeks I've been posting excerpts from the cover story of my paper's Sunday real estate section, which "spotlights" an extravagant home from the area. As I wrote here: "This is the cover of the real estate section — a place where normal people might turn to buy and sell a home. It [Read More...]

Lifeboats for first class passengers

"Boost Those 401(k) Contributions" advises Albert B. Crenshaw in a Washington Post article that my paper will be running on Sunday: Millions of workers around the nation can sock away bigger nest eggs in their 401(k) and similar retirement savings plans in 2004, thanks to tax-law changes of recent years. And workers 50 and older [Read More...]