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Progressive idea? Regressive in practice

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That health care benefits are provided through employers for the most part as a pre-tax benefit is the most regressive kind of tax policy around. Let me get this straight: I work and therefore can pay taxes, and I get my health care benefits, which are really a form of compensation, free of tax. But then there are people who are without a job temporarily (or worse) or work for a company that does not sponsor their health care, and that person has to pay taxes on the coverage they purchase? So the folks who are better off get health care pre-tax and the employer can deduct the cost, but folks who purchase their own coverage have to buy it […]

A lack of imagination

/0 Comments/in , , /by Liam Day

As Dennis Miller used to say, I don’t want to go on a rant here, but it beggars the imagination how glib some public officials can be when it comes to talk of budgets. This from Holland Selectman James E. Wettlaufer, in an article in the Springfield Republican about the town’s rejection of two Prop 2 1/2 overrides in yesterday’s election: “This means we will have to sit down and craft a budget that fits within the levy limit, which means reduced services.” Crafting municipal budgets within the levy limit is what the law intended. Under the law, it is what town selectmen are supposed to do. It’s not supposed to be a last resort. Then, of course, Mr. Wettlaufer […]

Change or Die

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Vermont Technical College President Ty J. Handy, in the Winter 2008 New England Journal of Higher Education, writes an interesting article (Differentiate or Die”) about the future of New England higher education. His argument is that, given the significant decrease in the number of students coming out of the K-12 “pipeline” in Maine, New Hampshire and Vermont, the smaller decline in Rhode Island, and the static population in Massachusetts, New England colleges and universities will have to differentiate their brands to appeal to people farther and wider. The numbers are pretty depressing for ME, NH and VT. They are not great for the other New England states (see below). But what leapt off the page was what the demographic trends […]

Tough fight but they are right

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Lenore and Skip Schloming of the Small Property Owners Association play in rough waters, where landlords are seen as the Grand Exploiters. SPOA represents folks who own 5, 10, maybe 50 units and don’t get the big state support enjoyed by big developers. They’re essentially small business owners, many of whom buy in urban areas because they can build up equity and grow. In addition to fighting back on ever-more ingenious attempts to reinstate rent control, SPOA is pushing some ideas that make eminent sense–and could actually do something for the low-income market and the homeless. First, from a recent newsletter: Officials and nonprofit leaders keep pursuing the same old housing strategy for the poor–try to get more tax money […]

3 trillion and counting

/0 Comments/in , , /by Liam Day

Of note today, a milestone somewhat akin to watching your car’s odometer hit 100,000 miles: President Bush will submit to Congress his 2009 budget proposal for the federal government, the first ever to exceed $3 trillion. I don’t think you need to be fiscally conservative to blanch at that figure.