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Here’s a very handy, succinct, and clear overview of how to pay federal income taxes, explaining the key concepts. The author explains the difference between the various definitions of income: The first step in calculating your income tax liability is to calculate your income. You add up all your wages, tips, short-term investment income, business…

The simple truth (and increasing consensus) about health reform is that we needed it, badly. An economist at Kiplinger.com calls the just-passed health reform “no more and no less than a modest, credible start” to reforming our health care system. Conservative columnist Arthur Greene used the example of his wife’s illness to explain in detail…

Ryan Lizza has a superb profile of Larry Summers, President Obama’s brilliant economic adviser, in The New Yorker. Lizza is one of my favorite political writers and he uses the profile on Summers as a backdrop for the larger story of how the major economic decisions in the Obama Administration have been made. In a…

I admit to not having ever seen a Michael Moore movie, though from what I understand his film Roger and Me was probably his defining film, one that predated the Bush era and thus was more balanced in its critiques. Of course his latest effort, a rant against the horrors of unrestrained capitalism, is not…
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