Esrati on the Economy

The problems with property taxes: taxing investment

Photo Credit: JD Hancock via CompfightThe reason Mitt Romney pays so little income tax is that he makes most of his money from investments. This is supposed to be a way to “incentivize” investment. So he invests in companies that supposedly create jobs and spread the wealth around. Mitt is most definitely part of the Read More

Photo of USAF C-27J

Aborted at three and a half, the $2.2 billion C-27J

If you wonder how our military budget is the largest in the world, it’s because politicians get involved protecting their babies. In the world of military programs all politicians are decidedly pro-life if they have a piece of it in their state. The C-27 is an attempt at a smaller version of the venerable C-130 Read More

Let’s examine “job creation” – and a solution

The news about the economy is good (according to Nan Whaley and Matt Joseph and national statistics) with very modest job growth. But the real question is what kind of jobs are we creating? I have a friend with a terminal degree in his field, working two jobs, one at Wright State, another at UD Read More

Our tax base is shrinking- so we’ll have to tax you more?

Today, the Dayton Daily News “investigative team” let you know the bad news: dropping property values means you will need to pay more taxes to support the schools and public services funded by property taxes. This is how the Republicans in Congress can claim “no new taxes” from them- they pass the pain to local Read More

First campaign commercial- addressing the foreclosure crisis: Esrati: My Neighborhood

No matter where you live in OH-10, you have had it happen. A neighbor loses their job (GM, NCR, Iams, the list goes on) or a family member gets a terminal disease, or gas prices go up to $4 a gallon and begin the slow process toward foreclosure. The banks refuse to renegotiate the loan, Read More

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