The next time someone talks about cutting NASA’s budget either because we can’t afford it or we need to spend the money elsewhere, please show them this. NASA’s Opportunity at 10: New Findings from Old Rover (http://www.nasa.gov/jpl/mer/mer-news-20140123/#.UuU7wRAo5D-) It’s an incredible testament to the vision, genius, and engineering expertise of the people who work at NASA. … More At 10, #Opportunity Shows Us Where Our Priorities Ought to Be
And taxes stayed pretty much just that way for the next 15 years, until the early 1960s. Importantly, this was one of the most successful eras in US economic history. The middle class boomed, the economy boomed, and the stock market boomed. And all with the top marginal income tax rate over 90%. This suggests … More Taxing Truths, Especially for Conservatives
See on Scoop.it – DidYouCheckFirst As the Internal Revenue Service scandal has prompted angry reactions from Republicans, Democrats, Congress and the Obama administration, Henry Aaron looks ahead to propose specific reforms regarding the budget of the IRS and the laws governing the… Greg Russak‘s insight: “Even with adequate staffing, however, the law governing tax exempt … More You Get What You Pay For: Lessons From the IRS Scandal
See on Scoop.it – DidYouCheckFirst A Congressional inquiry’s findings were remarkable both for the tens of billions of dollars involved and for Apple’s audacity in saying some of its subsidiaries were stateless and beyond any tax authority’s reach. Greg Russak‘s insight: "Because the United States bases residency on where companies are incorporated, while Ireland focuses … More Apple’s Web of Tax Shelters Saved It Billions, Panel Finds
See on Scoop.it – DidYouCheckFirst For over a week, Republicans have refused to focus on anything but so-called scandal. And, it turns out, that’s exactly the way they want it. Greg Russak‘s insight: “It’s also important to note that Heritage Action is a registered 501(c)(4) organization. That means you and me are subsidizing the very … More We’re subsidizing the group that wants more GOP obstruction.