BROOKINGS: The Ugly Truth About Tax Loopholes
William Galston, Senior Fellow for Governance Studies at the Brookings Institute, talks about demographics affected by tax reform and its revenue generating potential. A full link is here.
EPI: Scapegoating Public Sector Workers
March 10, 2011 While Wisconsin’s state budgetary issues may be well-documented, the Economic Policy Institute states that public sector workers are being unfairly blamed for the glut of state budgetary crises, which in fact ought to be attributed to falling real estate prices and high unemployment. Andrea Orr elaborates here.
BROOKINGS: “Metropolitan Areas and the Next Economy”
March 10, 2011 Brookings recently published a study forecasting an alarming trend in which metropolitan areas accounted for a majority of a state’s output in 47 out of 50 states. Click here for Brookings’ analysis and study. A .PDF map of California metropolitan areas, and their importance to the California economy, can be found here.
PEW: “Rethinking Budget Cutting”
March 10, 2011 The Pew Research Center released survey results revealing that many Americans are against increased Federal spending for the first time in years. In what may be revealing as the results of an increasingly disillusioned American public, many Americans are against paying more taxes to balance state budgets while also being increasingly reluctant [...]