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Cutting the Corporate Tax Would Make Other Problems Grow (NYT)
Jared Bernstein counters recent suggestions for eliminating the U.S. corporate income tax by pointing out the extreme difficulty of capturing that revenue through personal income taxes.
- Roosevelt Take: Roosevelt Institute Chief Economist Joseph Stiglitz proposes more viable reforms to the corporate income tax.
Stigmatizing Poor Kids in Our Public Schools (PolicyShop)
Matt Bruenig suggests that free lunch at school is the target of so much ire because it’s seen as a “poor people thing,” even though public schools are themselves a welfare program.
When Workplace Training Programs Actually Hinder Workers (The Nation)
The low-structure, free-choice-based model of the Workforce Investment Act limits its effectiveness, writes Michelle Chen, since it doesn’t allow for prioritizing funding for the best training programs.
Another GOP State May Be Signing up for Medicaid, and the Reason is Obvious (LA Times)
Michael Hiltzik says the money being left on the table is finally proving enough to get Republican governors like Wyoming’s to push for Medicaid expansion even though it’s part of Obamacare.
Back to School, and to Widening Inequality (Robert Reich)
Kids who live in poor neighborhoods are at a disadvantage when it comes to school funding, writes Robert Reich, so economic inequality hobbles these students from an early age.
Central Banks to Lawmakers: You Try Growing the Economy (WaPo)
Ylan Q. Mui reports that the general attitude coming out of the annual Jackson Hole gathering was that monetary policy can only do so much, and legislatures need to step it up.
Cities Can Ease Homelessness With Storage Units (City Lab)
Kriston Capps looks at an innovative program in San Diego that creates stability by providing homeless people with transitional storage where they can safely leave their belongings each day.