Tax Reform: Tax the Rich—Except Not Us
I do not personally support the Republican tax reform plan, at least in its present form. I do support the components of the reform which would eliminate the federal income tax deduction for state income taxes and property taxes and which would reduce the cap on the deduction of mortgage interest payments from $1 million […]
A Tax Bill that could Increase the Deficit and Lead to Recession.
I am a Keynesian. By that I mean that John Maynard Keynes’ predictions are generally confirmed by evidence—and that the key to economic vitality is aggregate demand. While Keynes has been dead for more than 70 years, new evidence suggests that his educated suppositions developed during the great depression were generally correct. For example, my USC […]
Skimming Hurts California’s Most Vulnerable
Skimming is not a union practice that went out when the closing credits for “On The Waterfront” first rolled in 1954. It’s still alive today. And it’s hurting some of California’s most vulnerable residents, while at the same time stuffing the treasury of politically powerful unions and financially exploiting those who care for the sick, […]
A Need for More Transparency and Accountability in Sexual Harassment Cases
(Editor’s Note: Assemblyman Vince Fong is one of six legislators on the Subcommittee on Harassment, Discrimination, and Retaliation Prevention and Response. He issued the following statement after yesterday’s initial five-hour hearing on allegations of pervasive harassment in and around the Capitol. More about yesterday’s hearing can be found here.) What is abundantly clear is that […]