The Fiscal Cliff Has Been Avoided, But at What Cost?

The Fiscal Cliff Has Been Avoided, But at What Cost? Some thoughts on the new fiscal agreement: The economy needs a stimulus, but under the agreement, taxes will go up in 2013 relative to 2012 -- not only on high-income households, as widely discussed, but also on every working man and woman in the country, via the end of the payroll tax cut. For most households, the payroll tax takes a far bigger bite than the income tax does, and the payroll tax cut therefore -- as CBO and others have … [Read more...]

Avaaz: Stop Rupert Murdoch‏, the media mogul.

The world's largest and most dangerous media baron wants to buy nearly half of the British mass media, boosting his power to undermine global efforts on everything from peace to the environment. We only have 48 hours to press the UK government to stand up and stop Rupert Murdoch: In 48 hours, nearly half the British mass media could be bought by one of the world's worst media moguls. Rupert Murdoch has exploited his vast media empire to push war in Iraq, elect George W Bush, spread … [Read more...]

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