Several years ago I wrote “Payback: Why the Top 1% Must Invest in the Rest and How it Can Renew America,” and made it available to the public, free of charge, at https://paybackproject.net. The aim was, and still is, to warn Americans about the inexorable economic forces driven by globalization and automation, out-of-control national debt […]
Capitalism has enabled those who produce more with less to increase profits without charging their consumers higher prices, which has made America, as a whole, wealthier than ever. But this win for capitalists without an obvious loss for consumers comes at a steep cost: an anxiety-ridden workforce, which now threatens to destroy America’s middle class—and […]
Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances. The First Amendment, added to Constitution in 1791 to protect […]
As a public finance attorney, I used to make my living off of helping the rich get richer. Among the lies I heard throughout my career was the assertion that increasing taxes on the wealthy will slow economic growth. The problem with this argument is that it is simply untrue, particularly if the increase in […]
Greek myths and legends, for those who take the trouble to remember them, offer solutions to modern-day problems, and none are more pertinent for dealing with tax reform than how Hercules accomplished his Fifth Labor and Alexander answered the oracle of the Gordian Knot. According to myth, Hercules, greatest of all Greek heroes and son […]
The American Dream has long been defined in the public consciousness as an ideal by which equality of opportunity is available to any American, allowing one’s highest aspirations and goals to be achieved if enough effort and belief are applied. To me, the Dream means that, regardless of background. race, creed, color, gender, sexual preference, […]