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Tax Credits

Thursday, October 16th, 2008

In the political campaigns of 2008, candidates of both parties have proposed tax credits to accomplish certain social welfare objectives. This is in contrast to the ComingTogether Plan’s approach of separating the tax system from the benefits. Why do we think our approach is better? (more…)

Subprime Financial Crisis: Causes and Solutions

Thursday, October 9th, 2008

Reasons

For the financial crisis of 2007-2009, there is plenty of blame to go around. Generally, the United States economy is robust enough to deal with mistakes — yes, the people that make mistakes suffer, but normally there is not serious impact on the whole economy. In this case, the majority of the people in this country, as well as many others around the world, have experienced difficulties. The following contributed to the perfect storm that resulted in the Subprime Financial Crisis: (more…)