Now that it's summer, I'm on the lookout for nonviolent
water toys. They're a lot harder to find than one might think. If you
look past the brightly colored plastic, all you're left with is mock
weapons: rapid-firing automatics, pistols, double-barreled rifles, AK-47s
All 50 states have regressive tax structures: the lower your
income, the larger share of it goes to state taxes. While a few states have
flat income-tax rates--here in Illinois, everyone pays 5 percent--most are
mildly progressive (higher rates for higher income).
There are two ways to reduce the federal budget deficit: cut spending
and increase revenue. Serious progress will require both. But neither can
solve the larger problem behind the nation's budget woes.
Sir Martin Gilbert, an author of many books, has written an argument for one of the silent participants in the Israeli-Palestinian conundrum. He recounts the story of the Jewish experience under Muslim rulers over the past 14 centuries, an ambitious task that necessitates wide reading among numerous specialties.
The attention given to the extreme and increasing wealth of the top 1 percent can be misleading. It glosses over the fact that the people just below them—those in the 81st to 99th percentile—are also gaining wealth much faster than other sectors, pulling away from the middle-class people below them. The focus on the top 1 percent gives those other members of the upper class the illusion that they’re in the same economic boat as the population below them when they are not (Brookings, September 10).