The features of the bill that are likely to help ordinary people were catchy and easy to understand—reduced taxes on tips and overtime pay and a higher standard deduction for the elderly on income taxes. Yet these projected revenue losses are tiny compared to those incurred by the super rich.

Some Elements of a Progressive International Trade Policy

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Goldman Sachs Pays For Predatory Ways

D&S Admin May 12, 2009

Investment firm and recipient of government largess Goldman Sachs has just settled an investigation by the Attorney General of Massachusetts for $60 million that it engaged in predatory lending during the housing boom.

From the NY Times:

According to the Attorney General's office:

--d.f.

Published in: D&S BLOG

Author

Dollars & Sense is a non-profit, non-hierarchical, collectively-run organization that publishes economic news and analysis.

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