Profitable Fortune 500 companies manage to pay state taxes on only half of their profits.

Failing to extend UI benefits and Payroll tax cut through the end of 2012 will cost us 1.7% in GDP growth, according the US Congress Joint Economic Committee.

New CBPP analysis finds that more than half (52 percent) of poor children last year lived in households that faced one or more hardship.

Six temporary federal initiatives enacted in 2009 and 2010 to bolster the economy by lifting consumers’ incomes and purchases kept nearly 7 million Americans out of poverty in 2010, under an alternative measure of poverty that takes into account the impact of government benefit programs and taxes.  These initiatives — three new or expanded tax credits, two enhancements of unemployment insurance, and an expansion of benefits through the Supplemental Nutrition Assistance Program (SNAP, formerly called food stamps) — were part of the 2009 R

 280 Most Profitable U.S. Corporations Shelter Half Their Profits from Taxes.

Following the 2010 elections, multiple states took action to curtail collective bargaining rights arguing that public sector unions were a major cause of state budget deficits. A close examination of the available evidence finds that the claim that public sector unionization leads to greater deficits does not withstand scrutiny. From the Institue for Research on Labor and Employment, UC Berkeley.