With Trump, is there a line between business and government?

The idea of a Donald Trump presidency has me musing about what we were supposed to learn in school. We were taught that capitalism (the force that always wore the white hat) was good because the invisible hand of competition ensured that consumers always had choice and low prices while good businesspersons made money. What…

Remember inflation? Let Trumponomics remind you

It’s been perhaps a generation and a half since America experienced the pain of double-digit inflation. We don’t talk much about inflation these days, because it isn’t happening except in the most minuscule measurements. For years we were told by Republicans that profligate spending by Democrats would put the United States further and further into…

Taxpayer

Legislative pickpockets: What 2016 right-wing laws cost MO taxpayers

Paul Waldman described Donald Trump’s “flexibility” in regard to the right-wing gun culture as “a perfect expression of the larger Republican bargain, where the party’s elites pretend to share the base’s cultural values and priorities, and in exchange are put into office where they pursue an agenda of tax cuts and regulatory rollback.” We’ve seen…

Kansas raises taxes…reluctantly and nastily

Kansas Governor Sam Brownback [R]—who started the whole mess—knows it. The Republican dominated Kansas legislature—who gleefully made it happen—knows it, too. The radical, right-wing economic experiment in tax reduction that they imposed on Kansas citizens has failed—miserably, ignominiously, publicly—to do what its theoreticians promised it would do: magically stimulate the Kansas economy through that good-old,…

“We can’t afford it.” The untrue, anti-tax mantra of 21st century government

For the past 30 years, “We can’t afford it” has become the mantra of city councilmen, state legislators and even U.S. Congressional representatives. But there is something terribly wrong with that. What do lawmakers mean by “it?” There are many meanings. Sometimes, “it” is higher salaries for teachers. Sometimes, “it” is repairs to crumbling bridges.…

Reckless tax cut threatens Missouri’s prized AAA rating, as “fiscal conservatives” rule

The Republican-dominated Missouri legislature, acting out an ugly combination of anti-tax ideology and pure selfishness, has enacted a drastic income-tax cut that could throw the state into economic disarray. As the 2014 legislative session drew to a close, Republicans rammed through SB 509, which will lower the Missouri income tax rate, thereby reducing state revenues by an…