Colorlines

Fiscal Cliff

Never Mind the Fiscal Cliff, the 'Reverse Subsidy' Is the Real Crisis

Never Mind the Fiscal Cliff, the ‘Reverse Subsidy’ Is the Real Crisis

by Imara Jones on December 11 2012, 10:19AM

Imara Jones argues that the core problem with how government taxes and spends is that the poor are actually the ones subsidizing the rich.

Topics: Economy, Fiscal Cliff

What's Really at Stake as We Stare Down the Fiscal Cliff [Infographic] Infographic

What’s Really at Stake as We Stare Down the Fiscal Cliff [Infographic]

by Hatty Lee, Imara Jones on December 6 2012, 9:24AM

Fiscal policy can be confusing, all the more so when everyone’s spinning misinformation. So Hatty Lee and Imara Jones offer a visual explanation of this latest debate.

Topics: Economy, Fiscal Cliff

How Bernie Sanders' Tax Plan Can Close the Huge Racial Wealth Gap

How Bernie Sanders’ Tax Plan Can Close the Huge Racial Wealth Gap

by Imara Jones on December 5 2012, 10:02AM

Neither party’s proposal for avoiding the “fiscal cliff” will truly deal with the inequity our tax policy built over the past 30 years. It’s time to listen to the independent senator from Vermont.

Topics: Economy, Fiscal Cliff

On Race and Taxes, Both Parties Insist Upon Speaking No Evil

On Race and Taxes, Both Parties Insist Upon Speaking No Evil

by Imara Jones on November 30 2012, 9:33AM

The debate over taxes is and has always been a proxy for one about racial inequity. And we’ve never been able to admit it.

Topics: Economy, Fiscal Cliff

Obama Wins Re-Election--and Faces a Hard, Scary Fiscal Fight

Obama Wins Re-Election—and Faces a Hard, Scary Fiscal Fight

by Imara Jones on November 7 2012, 10:01AM

Without action, a new doomsday for the American economy—and those stuck at its margins—is only seven weeks away.

Topics: 2012 Election, Economy, Fiscal Cliff, Second Term

The Fed's Bombshell: Our Economy's Dead Until Congress Creates Jobs

The Fed’s Bombshell: Our Economy’s Dead Until Congress Creates Jobs

by Imara Jones on August 12 2011, 9:37AM

After months of debate over the nation’s debt, the central bank’s unprecedented interest rates announcement this week was entirely about the jobs crisis. The subtext was clear: politics, not economics stand in the way of recovery.

Topics: Economy, Fiscal Cliff, Jobs Crisis

It's Time to Lift the Debt Burden Wall Street Loaded Onto Our Backs

It’s Time to Lift the Debt Burden Wall Street Loaded Onto Our Backs

by Kai Wright on July 21 2011, 9:30AM

Banks have spent tens of millions trying to protect a predatory financial industry from accountability. There could be no more essential fight than making sure they don’t get their money’s worth.

Topics: Economy, Fiscal Cliff, Kai Wright