For those pining for a Democratic Party that tries to represent more than the whims of the rich and powerful, these are, to say the least, confusing times. On the presidential campaign trail, Hillary Clinton has been promoting standard pro-middle class rhetoric, yet also has been raking in speaking fees from financial firms. One of […]
David Sirota
David Sirota: Why did Christie settle with Exxon?
A short time ago, Republican Gov. Chris Christie’s administration settled New Jersey’s long-standing environmental lawsuit against Exxon Mobil Corp. for pennies on the dollar. For a decade, the state had been seeking $8.9 billion in damages for pollution at two refineries in the northern part of the state, and yet Christie’s top officials abruptly proposed […]
David Sirota: Technology does not guarantee transparency
In theory, the changeover from paper to email should make government more transparent. The cost of archiving documents should be lower, because data can be housed on relatively small hard drives rather than in spacious warehouses. Likewise, the time expense of retrieving that data should be reduced, because it can be obtained through a few […]
David Sirota: Less investment oversight sets the stage for disaster
To the casual observer, the investment returns recently announced by the California pension system might seem like cause for celebration. The state’s investments in firms that buy private companies generated a 20 percent return in 2014. California’s $30 billion worth of private equity investments did not come cheap, incurring almost $440 million worth of annual […]
W. Dickerson: Speak up for tax fairness
David Sirota’s column, “Facts about tax fairness are certainly compelling” (Feb. 25), offers America a step in the right direction. Tax fairness would result in having the money needed to easily fund the universal preschool initiative and the free community college idea. Both of those would help close the income inequality tragedy in America. The universal […]
David Sirota: Facts about tax fairness are certainly compelling
Roads are crumbling, bridges require repairs, schools need upgrades and public pension systems remain underfunded. How can states and cities find the money to address any of these problems? One way could be through their tax codes. According to a new report, if the rich paid the same state and local tax rate as the […]
David Sirota: Border security is not an immigration cure-all
With the opening of the new Congress, Republican lawmakers have been promising a renewed focus on border security as a supposed cure-all for America’s broken immigration system. Left unaddressed, though, is a simple question: How does border security address the status of millions of undocumented immigrants currently in the United States? The answer is that […]
David Sirota: Huge trade deal being kept secret
The trade rules of the proposed Trans-Pacific Partnership between the United States and 11 Asian nations would cover nearly 40 percent of the world economy — but don’t ask what they are. Access to the text of the proposed deal is highly restricted. Nevertheless, at last month’s World Economic Forum in Switzerland, U.S. Trade Representative […]
David Sirota: Poor people have higher tax rate than the rich
American politics are dominated by those with money. As such, America’s tax debate is dominated by voices that insist the rich are unduly persecuted by high taxes and that low-income folks are living the high life. Indeed, a new survey by the Pew Research Center recently found that the most financially secure Americans believe “poor […]
David Sirota: The Windy City’s new gift to big campaign donors
On its face, Chicago’s municipal pension system is an integral part of the Chicago city government. The system is included in the city’s budget, it is directly funded by the city, and its various boards of trustees include city officials and mayoral appointees. Yet, when it comes to enforcing the city’s anti-corruption laws in advance […]