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.

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One Year After Lehman (C. P. Chandrasekhar)

D&S Admin Sep 28, 2009

From NewsClick.in: P. Chandrasekhar is a Professor at the Centre for Economic Studies and Planning, School of Social Sciences, Jawaharlal Nehru University. He has co-authored 'Crisis as Conquest: Learning from East Asia' and is a regular columnist for Frontline Magazine and Businessline financial daily.

In the video below Prof. Chandrasekhar talks about the global financial system 'a year after Lehman' and the September G-20 meetings.

[youtube=http://www.youtube.com/watch?v=eYR2oo2wAdM&hl=en&fs=1&]

Published in: D&S BLOG

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

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