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By Rachel Goldfarb, originally published on Next New Deal

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The Most Popular Tax in History Has Real Momentum (The Nation)

Katrina vanden Heuvel, a member of the Roosevelt Institute's Board of Directors, says that if Europe's "Robin Hood" tax is successfully implemented, it could boost efforts to implement a financial transactions tax in the U.S.

Which States Are Givers and Which Are Takers? (The Atlantic)

Maps depicting states' reliance on federal funding lead John Tierney to ask whether the framework of givers and takers is useful, or whether we should instead focus on how the government creates an American community.

Blackstone Unit Invitation Homes Sued Over Rental House's Condition (LA Times)

Amid concerns about investment firms' ability to properly maintain the thousands of rental homes they've acquired, Andrew Khouri reports on one family's lawsuit over a slum-like house.

Gallup: Uninsured Rate Is Lowest We've Ever Recorded (TNR)

Jonathan Cohn reports on a new poll from Gallup, which has been asking whether people have health insurance since 2008. He warns that this isn't proof that more are getting health care, but it's a good start.

Millennials Have Stopped Trusting the Government (Vox)

Andrew Prokop breaks down a new survey by Harvard's Institute of Politics, which shows Millennials' decreasing trust in government over the past few years. Their biggest concern is unsurprising: the economy.

  • Roosevelt Take: Roosevelt Institute Vice President of Networks Taylor Jo Isenberg introduces the Campus Network's 2014 10 Ideas series, featuring top policy proposals from students across the country who still see ways for government to create a better world.

Nutter to Sign Minimum Wage Executive Order (Philadelphia Inquirer)

The Philadelphia mayor is following President Obama's lead, reports Claudia Vargas, by requiring a higher minimum wage in city contracts and subcontracts.

Originally posted to Daily Kos Economics on Tue May 06, 2014 at 05:18 AM PDT.

Also republished by Daily Kos.

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Comment Preferences

  •  Not Really Surprising the South are the biggest... (1+ / 0-)
    Recommended by:


    The taxes are so low in Southern States that they need the Federal Government to put traffic lights and speed bumps on their local roads.

    Ofcourse, the Northern States let them get away with this so they only have themselves to blame. If they had any guts the North will call out on the Tea Party and pass a law that limits the amount the Feds give to the leecher States.

  •  A financial transaction tax is a great idea ... (4+ / 0-)
    Recommended by:
    GleninCA, Terre, Egalitare, Amber6541

    Even a small financial transaction tax would slow down the wild computer-driven trading that distorts the stock market, without significant impact on investors. Badly needed.

    It benefits investors over speculators and would help stabilize the markets. The revenue is greatly needed and would be garnered from those who most afford to pay it.

    The financial transaction tax is a win \ win \ win solution.

    If it sends the  financial industry over to Hong Kong even better. Let Hong Kong bail them out next time.

    You Don't Happen To Make It. You Make It Happen !

    by jeffrey789 on Tue May 06, 2014 at 08:29:27 PM PDT

  •  Why can't we simply say it? (0+ / 0-)

    When we allow the Wal Mart heirs to pay full time workers so little that they qualify for SNAP, the average taxpayer supplements their unbelievably high income. I ask conservatives why they want to do that and get "deer in headlights" look. Yet we allow the memes about job creators to exist while we argue about angels on heads of pins.

    When we (previously) allowed people to postpone needed medical treatment until they got to the ER or Medicare age, we all paid for it, but the middle income worker took the brunt of this useless expense. Why? Ask the conservative at the coffee shop.

    Another diary today criticized Obama administration severely. I don't think they are perfect, but given the hundreds of millions of dollars devoted to covering up plain truths like those above, I am amazed they get any support at all.

  •  An effective Republican conspiracy? (0+ / 0-)

    Republicans say that you can't trust government, and you know that Republicans lie, so the best way to run a government is to elect Republicans that you know you can't trust and who you know will lie to you.

    Otherwise, you might have an effective government that works, and that you could trust.

    Who would want that?

    Voters should select people to represent them in their government. People in government should not select people who may vote!

    by NM Ray on Wed May 07, 2014 at 06:43:44 AM PDT

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