Trump’s Big Buyback Bamboozle (Video)

Robert Reich / Truthdig Mar 18, 2018 The president's promise that corporations will use his giant new tax cut to make new investments and raise workers’ wages is proving to be about as truthful as his promise to release his tax returns. Dig deeper ( 2 Min. Read )

Why We Need Rise-Up Economics, Not Trickle-Down (Video)

Robert Reich / Truthdig Mar 1, 2018 The only real way to build the economy is through investments in people—their education and skills, their health, and the infrastructure that connects them. Dig deeper ( 2 Min. Read )

Reagan-Era and Trump Policies Will Generate Little Economic Growth

Robert Reich / RobertReich.Org Feb 11, 2018 Public policies such as President Trump’s tax cuts and President Reagan’s legalization of stock buybacks are tilted to the benefit of those at the top. Dig deeper ( 3 Min. Read )

In America, Being Poor Can Cost a Fortune

Alex Henderson / AlterNet Feb 5, 2018 The superrich won't acknowledge that lower-income earners are caught in an expensive, vicious cycle. Dig deeper ( 4 Min. Read )

Trump and Mnuchin on Tax Plan: Fools or Knaves?

Robert Reich / RobertReich.Org Jan 21, 2018 On the White House story about who will benefit most from the new legislation, the president may be a fool. But the treasury secretary is most certainly a knave. Dig deeper ( 2 Min. Read )

Morgan Stanley’s Profits Fall 59 Percent Due to Tax Bill

KEN SWEET / The Associated Press Jan 18, 2018 The investment bank's earnings plummeted in the fourth quarter as it had to book $990 million in charges related to the new law. Dig deeper ( 1 Min. Read )

The Thomas Fire and the Tax Bill

Nomi Prins / Truthdig Dec 22, 2017 While the GOP and Wall Street celebrate, communities like Ojai, Calif., navigate disaster relief with little sympathy from the government and corporate America. Dig deeper ( 8 Min. Read )

The Darkest Day of the Year

Amy Goodman and Denis Moynihan Dec 21, 2017 A country's annual budget is often described as a moral document, defining the nation's values. Its tax system codifies its fairness. Dig deeper ( 3 Min. Read )

The Triumph of the Oligarchs

Robert Reich / RobertReich.Org Dec 18, 2017 Most Americans know that the GOP tax plan is payback for such major Republican donors as Charles Koch (pictured). Dig deeper ( 3 Min. Read )

The Truth vs. the GOP Tax Plan

Robert Reich / RobertReich.Org Dec 17, 2017 It will weaken the economy for years—reducing demand, widening inequality and increasing the national debt by at least $1.5 trillion over a decade. Dig deeper ( 3 Min. Read )

GOP Appeases Rubio, Finalizes Tax Bill

Stephen Ohlemacher and Marcy Gordon / The Associated Press Dec 15, 2017 House Republicans are expanding the child tax credit to placate Sen. Marco Rubio, who had expressed dissatisfaction with the size of the credit that low-income families can claim. Dig deeper ( 2 Min. Read )

Making Corporations More Competitive Doesn’t Help Most Americans

Robert Reich / RobertReich.Org Dec 10, 2017 The tax bills big corporations are pushing through Congress are designed for one thing: to boost their share prices. Dig deeper ( 3 Min. Read )