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Tax Cuts

Election Day: Making Sense of All Those Numbers

Rick Horowitz | Posted 05.25.2011 | Comedy
Rick Horowitz

They say Election Day isn't over until the last ballot is counted. They're wrong. Election Day isn't over until you get the results of the Ten-Foot Poll! Our survey of 1,423 randomly invented voters provides the insights you won't find anywhere else.

The Problem Is Not Jon Stewart

David Paul | Posted 05.25.2011 | Politics
David Paul

Those who suggest that Jon Stewart crossed a line should open their eyes and behold the new world. No one questions whether Glenn Beck is in the business of entertainment. Or politics. Or news.

Benjamin Franklin and a Modern American Portrait -- Tax Cuts, Poverty, and Moving In

Stephan A. Schwartz | Posted 05.25.2011 | Politics
Stephan A. Schwartz

Benjamin Franklin saw America as a democratic society: middle class, largely urban, family-centered, joyful, and upwardly mobile. Recently we have been oriented more towards Ayn Rand.

A Short and Clear Guide to What a Midterm Vote Really Means

Mitchell Bard | Posted 05.25.2011 | Politics
Mitchell Bard

When you pull a lever on Tuesday, you may think you are voting for one candidate or another, but, in the big picture, the vote won't be for a person. Instead, you will be voting based on these opposing principles.

Obama Restored Honor and Dignity to the White House. He's the Real Thing.

Bella DePaulo | Posted 05.25.2011 | Politics
Bella DePaulo

Watching President Obama on Jon Stewart's Daily Show last night reminded me of why I think so highly of him. In no particular order, my incomplete lis...

Corporations Guard Tax Loopholes, Stalling Corporate Tax Cuts

The Huffington Post | William Alden | Posted 05.25.2011 | Business

As President Obama considers lowering the corporate tax rate, an impediment to reform is the corporations who, in theory, stand to benefit. In short, ...

Krugman: Bush Tax Cut Debate Is Proof Of Our 'Dysfunctional And Corrupt Political Culture' | PAUL KRUGMAN | Posted 05.25.2011 | Business

What's at stake here? According to the nonpartisan Tax Policy Center, making all of the Bush tax cuts permanent, as opposed to following the Obama pro...

America's Income Defense Industry

Jeffrey Winters | Posted 05.25.2011 | Politics
Jeffrey Winters

Thanks to the Income Defense Industry, the U.S. tax system is a boondoggle for a tiny group at the top. And that's even before factoring in the regressive impact of sales taxes, state incomes taxes, and especially social security and Medicare.

Time for Strategic Philanthropy

Bill Zimmerman | Posted 05.25.2011 | Politics
Bill Zimmerman

Because of today's convoluted tax code many of those with incomes in the stratosphere actually pay a smaller portion of their total income than the rest of us.

The Small Business Jobs Act: 5 Things You Need To Know

The Huffington Post/AOL Small Business | Barbara Weltman | Posted 08.09.2011 | Home

The Small Business Jobs Act, which was signed into law by President Obama in September, contains $12 billion in tax breaks for businesses. There are n...

Obama And The $116 Billion Tax Cut Nobody's Heard Of

The New York Times | Michael Cooper | Posted 05.25.2011 | Business

What if a president cut Americans' income taxes by $116 billion and nobody noticed? It is not a rhetorical question. At Pig Pickin' and Politickin',...

Tea Partiers Should Prepare for Disappointment

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

Tea Partiers want to cut the favorite target of conservatives -- "entitlements." The only problem with that is that most folks don't call these programs "entitlements," most folks call them "my Social Security check."

America's Challenge: Stealing From the Poor

Jim Worth | Posted 05.25.2011 | Business
Jim Worth

The same wealth imbalance that destroyed the U.S. economy in the 1930's exists today. If we allow the wealthy to usurp hard-working American's buying power, the country will continue to slide deeper into poverty.

Recovery, Please

Robert Kuttner | Posted 05.25.2011 | Politics
Robert Kuttner

Republicans have made it impossible for the government to increase spending to create jobs and investment, and deficit hawks of both parties would rather have government tighten belts.

Amanda Terkel

Republicans Struggle To Say How They Would Pay For Tax Cuts | Amanda Terkel | Posted 05.25.2011 | Politics

On Sunday's morning public affairs shows, both Republican Senate candidates Carly Fiorina in California and Ken Buck in Colorado struggled to give spe...

Arianna Slams Wall Street On CNN's 'Parker Spitzer': They're Not Making Things, They're Making Things Up (VIDEO)

Huff TV | Posted 05.25.2011 | Business
Huff TV

Arianna appeared on CNN's "Parker Spitzer" tonight together with Stephen Moore, senior economics writer for The Wall Street Journal to debate the gove...

To the Righteous, Wealth Is a Greater Test Than Poverty

Elissa D. Barrett | Posted 05.25.2011 | Religion
Elissa D. Barrett

God encourages prosperity and also requires us to use our good fortune for the good of all. To achieve wealth can be admirable, but to use that wealth justly and for the common good is righteous.

The Myth Of The American Fiscal Conservative

The New York Times | SIMON JOHNSON | Posted 05.25.2011 | Politics

Certainly, some people consider themselves fiscal conservatives -- some of the right and some of the left -- but none can yet be taken seriously. The ...

Restoring Top Tax Rates Makes Sense for Small Business

Chuck Collins | Posted 05.25.2011 | Business
Chuck Collins

Expecting high-end tax cuts to trickle down as job creation is about as reasonable as pouring gasoline on your hood and expecting it to fuel your car.

Joseph Stiglitz: Cutting Taxes Won't Help Recovery

CNBC | Antonia Oprita | Posted 05.25.2011 | Business

The US government should stimulate investment in order to ensure solid and sustainable economic growth, not cut taxes, Nobel Prize-winning economist J...

Bush Economic Team (and Voodoo Economics) Is Back

Donald Cohen | Posted 05.25.2011 | Business
Donald Cohen

In Gregory Mankiw's view the extra taxes he pays when tax cuts expire are all a cost to him and his children's inheritance. But he fails to explore the other real benefits.

Palin, Beck, the Tea Party and the Big Lie About Saving "Children and Grandchildren"

Will Bunch | Posted 05.25.2011 | Politics
Will Bunch

Of course Tea Party activists are "genuinely concerned for their children and grandchildren" but unwittingly, the movement aims to usher in a sad era of national decline for children and grandchildren.

How Tax Cuts For The Rich Made Corporations Predatory

Dave Johnson | Posted 05.25.2011 | Business
Dave Johnson

Government and the services it provides aren't all that has changed for the worse since we cut tax rates for the very, very rich. These tax cuts have also caused the relationship between big businesses and the rest of us to deteriorate, too. Here is why.

Friday Talking Points [142] -- Republican "Doggy-Doo"

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

We're going to start off with a warning this week: this preamble section is going to be mostly shameless self-promotion and one cheap inside joke. If...

Extending the Tax Cuts: The Ninety-Eight Percent Solution

Mark Weisbrot | Posted 05.25.2011 | Politics
Mark Weisbrot

George W. Bush summed it up at an $800-a-plate dinner back in 2000 with a joke: "This is an impressive crowd - the haves and the have-mores," he said....