A simpler company tax system would collect more and could fund a lower rate. Shutterstock

Here’s a long‑term budget fix that would boost investment: replace company tax with cashflow tax

The budget looks good, for now. But the surge in taxable profits will subside as companies find ways to shift profits offshore. We’ve come up a better way to tax onshore what happens onshore.
The growing inequality that triggered the Occupy protests, such as this one in Bennington, Vermont, is now registering as an issue with politicians at the highest level. Wikimedia Commons/Daniel Case

The growing opportunity gap facing American children

The opportunity gap between well-off and poor American children is vast and, more alarmingly still, it is growing. Some political leaders are starting to take note of the grim consequences.

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