New Posts

Feb 8, 2016

Top 400 Taxpayers See Tax Rates Rise, But There’s More to the Story

As Americans were gathering party supplies to greet the New Year, the Internal Revenue Service released their annual report of cumulative tax data reported on the 400 tax r...

read in full
Feb 4, 2016

Chlorine Bleach Plants Needlessly Endanger 63 Million Americans

Chlorine bleach plants across the U.S. put millions of Americans in danger of a chlorine gas release, a substance so toxic it has been used as a chemical weapon. Greenpeace’s new repo...

read in full
Jan 25, 2016

U.S. Industrial Facilities Reported Fewer Toxic Releases in 2014

The Toxics Release Inventory (TRI) data for 2014 is now available. The good news: total toxic releases by reporting facilities decreased by nearly six percent from 2013 levels. Howe...

read in full
Jan 22, 2016

Methane Causes Climate Change. Here's How the President Plans to Cut Emissions by 40-45 Percent.

  UPDATE (Jan. 22, 2016): Today, the Bureau of Land Management (BLM) released its proposed rule to reduce methane emissions...

read in full
more news

Threat of Estate Tax Rollback Finished for 2006

Outgoing Senate Majority Leader Bill Frist (R-TN) admitted last week the Senate was unlikely to pass any permanent reduction to the estate tax in 2006, despite repeated attempts and rhetorical ultimatums from Frist and his allies.

read in full

Children's Health Imperiled by Funding Shortfall

If Congress does not take action soon, nearly 630,000 children may lose their health care. Why? A funding shortfall in a quirky health care program called the State Children's Health Insurance Program (SCHIP). SCHIP was created in 1997 to shore up Medicaid. It covers children whose families have incomes that exceed Medicaid eligibility levels, but are still struggling to get by. This design has been remarkably successful- the share of low-income children who are uninsured has fallen by one fourth since 1997, despite a decline in employer-provided benefits. Hundreds of thousands of enrolled children may get cut off the program now, though, for two reasons:

read in full

State Medicaid Directors Balk at Backdoor Cuts to Program

State Medicaid directors from around the country gathered this week in Washington, D.C. for their annual meeting and continued to express frustration and displeasure with the Bush administration's plans to continue to stick it to the states through the Medicaid program.

read in full

Cigarette Taxes: Regressive Yet Beneficial (Maybe)

In their latest edition of Tax Justice Digest, Citizens for Tax Justice rundown the various tax propositions which appeared around the country on state ballots. CTJ applauds the defeat of a host of dreadful TABOR proposals, estate tax repeals, and a smattering of other awful tax measures, but they also applaud the defeat of cigarette tax increases. But, wait - don’t we want to discourage people from smoking? Now seems like a good time to discuss balancing competing objectives of a just tax code. In this case, the conflict is between degrading tax code progressivity and using the tax code to discourage harmful behavior (harmful not only to the individual who engages in the behavior, but also to those near him or her, and harmful to the economic prosperity of the jurisdiction).

read in full

Trifecta's Ghosts

6 minimum wage ballot initiatives passed yesterday, and an initiative to repeal Washington state's estate tax failed. Pretty much all of these initiatives went the way they did by wide margins. And I haven't seen anything on it, but it would be interesting to see how they affected voter turnout. Meanwhile, USA Today has officialy declared estate tax repeal dead. Time: November 7th. As for the federal minimum wage, it may be the first thing passed in the new Congress. We'll have to see how much money it will be raised by, over what time period, and whether it will be indexed to inflation.

read in full

Fed Bank President Concerned by Rising Inequality

BNA ($): San Francisco Federal Reserve Bank President Janet Yellen urged lawmakers in a Nov. 6 speech to address the causes of income inequality and strengthen the social safety net as part of a long-term effort to protect the economy and U.S. democracy. [...]

read in full

Nuclear Commission Re-proposes Secrecy Rule

The Nuclear Regulatory Commission (NRC) has once again proposed a revision to its rules on information that should be withheld from the public under a category called Safeguards Information (SGI). The rule was originally proposed in February 2005. Now based on public comments and changes to the Energy Policy Act of 2005, the NRC has proposed additional changes. While apparently narrowing the scope of some provisions, making it harder to withhold information, the amended rule would significantly expand SGI's definition, inserting language and add a new category of covered information -- Safeguards Information-Modified Handling (SGI-M).

read in full

Intelligence Agencies Go Wiki

John Negroponte, director of National Intelligence, announced that federal intelligence agencies have implemented a new Wikipedia-like tool to share information across agencies. Intellipedia allows 16 intelligence agencies to access, update and revise pages on matters of national security. This cutting-edge venture in government information management is a welcome development for agencies that have often been stymied by turf warfare and other impediments to information sharing.

read in full

Declassification Board: Bulwark Against Excessive Secrecy or Executive 'Puppet'?

Controversy was sparked this week over how much authority the newly-funded Public Interest Declassification Board (PIDB) has to investigate excessive secrecy. A bipartisan group of Senators from the Senate Intelligence Committee requested that the board review two reports on intelligence failures leading up to the U.S. invasion of Iraq for possible over-classification. In an interim response, the board maintained it can only review a document after receiving authorization from the president. If this decision stands, PIDB will hold no independent power to review potential abuses of power and cases of unnecessary secrecy.

read in full

Big Profits for Big Pharma

Recently, defense contractor Lockheed Martin reported that it was making handsome profits at taxpayer's expense. In similar spirit, several pharmaceutical companies have reported huge profits as well, in part due to new business from the federal government. The now-online Medicare drug benefit, which does not let the federal government negotiate prices with drug companies, has provided much of the boost.

read in full

Pages

Resources & Research

Living in the Shadow of Danger: Poverty, Race, and Unequal Chemical Facility Hazards

People of color and people living in poverty, especially poor children of color, are significantly more likely...

read in full

A Tale of Two Retirements: One for CEOs and One for the Rest of Us

The 100 largest CEO retirement funds are worth a combined $4.9 billion, equal to the entire retirement account savings of 41 percent of American fam...

read in full
more resources