As Budget Deficit Balloons, Few in Washington Seem to Care

ANDREW TAYLOR / The Associated Press Mar 9, 2019 Trump's budget arrives amid gloomy times for deficit hawks, with little alarm about a U.S. debt load now above $22 trillion. Dig deeper ( 4 Min. Read )

Not All College Athletes Are Created (Economically) Equal—So They Shouldn’t All Be Paid

Allen Barra / Truthdig Oct 7, 2016 The controversial issue isn’t going away. But the focus should be on the big-revenue-producing sports, football and basketball. Dig deeper ( 6 Min. Read )

Hungry Government

Eric Allie, Caglecartoons.com Apr 22, 2015 Dig deeper

A Tax Day Plan for Righting the Republic

By Mattea Kramer, TomDispatch Apr 11, 2013 If we had a government capable of honoring the collective desire for more jobs, smaller deficits, more education funding, reduced reliance on fossil fuels and Medicare and Social Security benefits preserved, our future could be guaranteed at tax time in no time. Dig deeper ( 6 Min. Read )

Ignore Grover (and Learn From Him)

E.J. Dionne Jr. / Truthdig Nov 29, 2012 Pretending that Norquist is more powerful than he is allows Republicans to win acclaim they haven't earned yet. Dig deeper ( 3 Min. Read )

How Tax Reporting Is Skewed to Benefit the Rich

Alexander Reed Kelly / Truthdig Aug 24, 2012 Think tanks such as the Cato Institute and the Tax Foundation like to cherry-pick tax data to claim that the rich pay more than their fair share But a broad look at taxation shows it’s not true, a writer at The Economist saysThe Cato Institute and the Tax Foundation like to cherry-pick tax data to claim that the rich pay more than their fair share. Dig deeper ( 2 Min. Read )

Bank of New York Case Tests IRS Power to Halt Foreign Tax Abuses

By Megan Murphy and Vanessa Houlder, Financial Times, and Jeff Gerth, ProPublica Apr 16, 2012 In November 2001, the Bank of New York quietly transferred nearly $8 billion of its assets -- almost 10 percent of its holdings at the time -- to a trust in the small, business-friendly state of Delaware in a critical first step in setting up a tax shelter that has cost the government more than $1 billion in revenue in the past decade. Dig deeper ( 7 Min. Read )

Temporary Deal Has FAA Back Up and Running

Staff / Truthdig Aug 5, 2011 The Senate voted Friday to temporarily fund the Federal Aviation Administration, putting 74,000 transportation and construction workers back on the job until September. (more) Dig deeper ( 1 Min. Read )

Infamous Colorado Anti-Tax Crusader Is Busted

Staff / Truthdig May 2, 2011 True to form, the man who was instrumental in passing a radical anti-tax amendment to Colorado's constitution got picked up by police on charges of tax evasion and fraud. (more) Dig deeper ( 1 Min. Read )

Box Office Sales Buoyant in 2009

Staff / Truthdig Dec 15, 2009 Which industries actually thrive in the midst of a crippling recession? There are many ways to approach that question, but over the past year, Americans looking for low-impact escapism on a budget went to the movies, and they did so in numbers that might put some of the hand-wringing about the impact of the Internet and the economy on the film business on hold, at least for the time being. Dig deeper ( 1 Min. Read )

Big U.S. Papers Take a Big Hit

Staff / Truthdig Apr 28, 2009 We've all been hearing this refrain for some time, but this is getting even more serious, people: According to Business Week, circulation numbers for 11 of the 25 biggest newspapers in America have taken a nosedive -- the worst drop yet since the mediapocalypse in the print world commenced. Dig deeper ( 1 Min. Read )

FCC Cashes In on Spectrum Auction

Staff / Truthdig Mar 19, 2008 After two months and 261 rounds of bidding, the FCC announced Tuesday that it has raised a total of $19.6 billion from the sale of the U.S. wireless spectrum. The revenue, slated to fund "public safety and digital television transition initiatives," is nearly double what Congress had previously estimated for the publicly owned spectrum. Dig deeper ( 1 Min. Read )