Wednesday, October 14, 2020

Episode 203: Biden Tax Ideas Are Weak Sauce; Give More Power For The Post Office

 

The Working Life Podcast with Jonathan Tasini
When Donald Trump and his minions are eviscerated in less than three weeks so the country can survive, I can’t think of a better illustration of the fight still to come for progressives than taxes. Joe Biden’s tax proposals are, well, meek. Every time Joe Biden made a big deal during the TV mud wrestling verbal sparring with Trump that he wouldn’t raise taxes for anyone making under $400,000, I yelled back, “why the hell not?”.
 
Really, you won’t ask people earning, say, $250,000 a year—a quarter of a million dollars—to pay higher taxes? I dig deep into Biden’s tax ideas with one of my favorite guests, Matt Gardner, senior fellow at the Institute for Taxation and Economic Policy.
 
While millions of people wait, in desperation, for Congress to pass a new stimulus package, a whole lot of other important stuff is also tossed by the wayside including the $25 billion to shore up the United states Postal Service. Way before the pandemic erupted, I’ve talked on this show about saving the post office, giving it not only a financial boost but expanding what it can do.
 
Post offices are everywhere, often literally on Main Streets in towns all across the country. Everyone knows where the post office is. So, why not turn post offices into hubs of financial transactions for people, from pay check cashing, to spots for Postal Service ATMs and, in today’s world, spots to launch mass COVID vaccination efforts? I take up some of these ideas with Max Sawicky, an economist with the Center for Economic and Policy Research who recently wrote “The U.S. Postal Service Is A National Asset: Don’t Trash It”

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In today's Working Life Podcast:

Ep 203: Biden Tax Ideas Are Weak Sauce; Give More Power For The Post Office


Episode 203: Support the Working Life Network here: www.patreon.com/WorkingLifePodcast ActBlue: secure.actblue.com/donate/working-life-1 When Donald Trump and his minions are eviscerated in less than three weeks so the country can survive, I can’t think of a better illustration of the fight still to come for progressives than taxes. Joe Biden’s tax proposals are, well, meek. Every time Joe Biden made a big deal during the TV mud wrestling verbal sparring with Trump that he wouldn’t raise taxes for anyone making under $400,000, I yelled back, “why the hell not?”. Really, you won’t ask people earning, say, $250,000 a year—a quarter of a million dollars—to pay higher taxes? I dig deep into Biden’s tax ideas with one of my favorite guests, Matt Gardner, senior fellow at the Institute for Taxation and Economic Policy. While millions of people wait, in desperation, for Congress to pass a new stimulus package, a whole lot of other important stuff is also tossed by the wayside including the $25 billion to shore up the United states Postal Service. Way before the pandemic erupted, I’ve talked on this show about saving the post office, giving it not only a financial boost but expanding what it can do. Support the Working Life Network here: www.patreon.com/WorkingLifePodcast ActBlue: secure.actblue.com/donate/working-life-1 Post offices are everywhere, often literally on Main Streets in towns all across the country. Everyone knows where the post office is. So, why not turn post offices into hubs of financial transactions for people, from pay check cashing, to spots for Postal Service ATMs and, in today’s world, spots to launch mass COVID vaccination efforts? I take up some of these ideas with Max Sawicky, an economist with the Center for Economic and Policy Research who recently wrote “The U.S. Postal Service Is A National Asset: Don’t Trash It” -- Jonathan Tasini Follow me on Twitter @jonathantasini Sign up for The Working Life Podcast at: www.workinglife.org Facebook: http://www.facebook.com/jonathan.tasini.3
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