Taxes

Kill the Bill

Dec
12

So we're 'spose to trade poor people's unemployment insurance for billionaires' tax cuts and be told to come back and fight another day?

That's downright indecent -- if not completely immoral. I say, make it just about UI, period -- in a separate bill.

UPDATE: What Chris Hayes says:

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Wrong-Way Larry

Dec
08

Larry Summers:"If they [Democrats] don't pass this bill in the next couple weeks it will materially increase the risk that the economy would stall out and we would have a double dip."

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David Frum: The Rich Are Different From You Or Me

Nov
27

Isn't David Frum supposed to be one of the better right-wing thinkers? Then how come he's going on MarketPlace to make arguments like this:

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Sham Deficit Hawk Townhall in LA

Jun
27

It seems like every time there's a Democrat in the White House, the so-called Deficit Hawks come out of hibernation and suddenly start demanding we balance the budget. They did this when Clinton was in office and they're doing it again with Obama.

Have a look at this great account with wonderful analysis of a 'townhall' organized by the billionaire corporate front group, The Peterson Foundation in LA.

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VAT - The Next Big Bait and Switch

Apr
17

The inestimable Steve Benen quotes the line-up for this week's Fox News Sunday:

A familiar face leads the charge against President Obama: In an exclusive interview, Sen. John McCain, R-Ariz., joins 'Fox News Sunday' to discuss his opposition to the potential use of a Value Added Tax.

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Ah yes, the Good Old (Accountability-Free) Days

Dec
26

Came across this gem co-written in 2004 by Peter Orzag then at the Brookings Institute discussing the effects of the 2001 Bush tax cuts:

It is astonishing that, more than four years after the proposal was first made public, the administration has still not released an analysis of the plan's long-term economic effects, or even a statement of how it intends to pay for the tax cuts. Even supporters of the tax cut would presumably like to know the answers to those questions.

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Under GOP, National Debt Goes Gazoom

Oct
03

'Tax and Spend, Tax and Spend' -- that's what they're always crying -- until they get into office, when it becomes 'Spend, Spend, Spend'.

The Swamp bring attention to the fact that our National Debt topped 10 Trillion Dollars by the end of September.

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