Daily Must Reads for the week of Feb. 21.
Must Reads for the week of Feb. 21
Must Reads for Feb. 24
Boston Herald: Two Americas indeed
I am the 50.5 percent. I am, according to the Heritage Foundation, part of the lucky half of Americans who pay federal income taxes, so that the other half (technically the remaining 49.5 percent) can pay nothing.
Associated Press: Poll: Millionaire tax popular, spending cuts too
Most people like President Barack Obama’s proposal to make millionaires pay a significant share of their incomes in taxes. Yet they’d still rather cut spending than boost taxes to balance the federal budget, an Associated Press-GfK poll shows.
New York Post: A killer “”stimulus””
Research shows that a minimum-wage hike is especially bad for unskilled young workers because businesses reduce hiring when required to pay those workers more, especially in downturns, when profits are tough to
come by.
Must Reads for Feb. 23
Chicago Tribune: Dismantling Illinois
Angry at Quinn’s painful but needed cuts? Blame legislators and governors who recklessly overspent on public pensions and Medicaid.
Daily Herald: Suburban lawmakers hold key roles in budget debate
A number of suburban lawmakers are top budget leaders who are likely to have substantial influence in how Gov. Quinn’s budget plan plays out in the General Assembly.
The American: Two big problems with Obama’s corporate tax proposal
Even today, effective tax rates in the U.S. are much higher than for the average OECD country, and yet we raise some of the lowest revenues in the OECD from corporate taxes.
Reason: Gallup survey: Government regulations hinder small business hiring
85 percent of small business owners say they are not hiring; among these, the top reasons for not doing so include not needing additional employees, concerns about cash flows and the US economy. About half of this group listed potential health care costs and new government regulations as reasons for not hiring.
Must Reads for Feb. 22
Daily Herald: In five years, 82 of 83 suburbs’ property tax rose
Critics complain that towns haven