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Tax Cuts

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....

Big Insurance, Pharma, Wall Street and John Boehner

Richard Trumka | Posted 05.25.2011 | Politics
Richard Trumka

The man Wall Street wants to make speaker of the House supports raising the retirement age for Social Security. This is just one of the extreme positions John Boehner holds.

'One Nation Rally' Photo Gallery

Jeff Malet | Posted 05.25.2011 | Politics
Jeff Malet

2010-10-06-pullquote.jpg On October 2, 2010, tens of thousands of activists gathered, hoping to counter the conservative tea party movement and energize the electorate.

The Big Republican Lie on Tax Cuts

Cenk Uygur | Posted 05.25.2011 | Politics
Cenk Uygur

When the economy takes off and when it slows down matches the fluctuation of our tax rates. Except the correlation is the opposite of conventional wisdom: the economy crashes after tax cuts and takes off after tax increases.

WATCH: Warren Buffett Calls Fort Tax Cuts For Almost Everyone -- Except The Rich

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Warren Buffett proposed a further tax cut for the middle class, upper middle class and lower middle class -- essentially, everyone except the wealthy ...

Reading the Pictures: Goolsbee's White Board and the GOP's Big Red Eggs

Michael Shaw | Posted 05.25.2011 | Media
Michael Shaw

2010-10-03-Screenshot20101003at4.50.20PM.jpg Goolsbee's White House White Board tax cut presentation represents a major breakthrough for Democratic framing (even if it makes most thinking Democrats cringe). What's it got going for it?

First Step: Define the Problem

Frank Dwyer | Posted 05.25.2011 | Politics
Frank Dwyer

I'm rich! I've worked hard to make America my cow! Her milk is mine!...

Lucia Graves

Pelosi Open To Cutting The Corporate Tax Rate | Lucia Graves | Posted 05.25.2011 | Politics

House Speaker Nancy Pelosi said Thursday that she is open to cutting the corporate tax rate. In a taped interview with the NewsHour's Judy Woodruff...

WATCH: White House Adviser Trashes GOP Tax Plan

Posted 05.25.2011 | Business

Austan Goolsbee, the new chairman of the White House's Council of Economic Advisers, is the star of a new video which outlines the administration's vi...

Undead on Arrival: Why Payroll Tax Cuts Keep Coming Back -- Part 2

Stephen Kent | Posted 05.25.2011 | Politics
Stephen Kent

In Part 1 of this blog I argued that despite the defeat of the latest jobs bill in the Senate, seen in historical context, support for the once-taboo ...

Undead on Arrival: Why Payroll Tax Cuts Keep Coming Back -- Part 1

Stephen Kent | Posted 05.25.2011 | Politics
Stephen Kent

The latest jobs bill -- probably the last attempt of the 111th Congress to stimulate job growth before it adjourns -- died in the Senate yesterday. ...

Sam Stein

Ben Nelson Calls For Bipartisan Camp David Fiscal Summit, Full Tax Cut Extension | Sam Stein | Posted 05.25.2011 | Politics

Senator Ben Nelson (D-Neb.) traveled to the conservative Heritage Institute on Wednesday to make the case once again that Congress should pass a full ...

The Tea Party's Four Themes and Their Antidotes for the November Election

Bradford Kane | Posted 05.25.2011 | Politics
Bradford Kane

The widespread frustration and anger is understood and acknowledged. But the solution is found in the vision for pragmatic, balanced, sound policies, not turning over the keys to those who would reverse America's progress.

Republicans’ Deficit-Cut Pledge Lacks Specifics

Posted 05.25.2011 | Business


For the GOP, a Certain Inconsistency

Rick Horowitz | Posted 05.25.2011 | Politics
Rick Horowitz

Taxes. They don't like 'em. (Who does?) They've never liked 'em. But this time around, they've found a new reason not to like 'em. They breed uncertainty. Or so the Republicans keep telling us.

Lucia Graves

Steny Hoyer: Tax Cut Vote 'Under Consideration' | Lucia Graves | Posted 05.25.2011 | Politics

House Majority Leader Steny Hoyer (D-Md.) said on Tuesday that Democrats are still considering a middle-class tax cut vote before the House adjourns t...

Fantasies, Conspiracy Theories and Tax Cuts for the Rich

Elizabeth Bisbee Silber | Posted 05.25.2011 | Politics
Elizabeth Bisbee Silber

Republican fantasies and conspiracy theories create frenzy and fear in the electorate. They gin people up about non-issues while the real problems facing us remain unaddressed.

Bush Tax Cuts Reduced Total Income By $2.7 Trillion | David Cay Johnston | Posted 05.25.2011 | Business

Just as they did in 2000, the Republicans are running this year on an economic platform of tax cuts, especially making the tax cuts permanent for the ...

Friday Talking Points [140] -- Pledging Nonsense

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

The White House has been in the news this past week, mostly for who will be leaving it soon. One is tempted to insert the old "will the last to leave...

How Tax Brackets Work -- $250,001 Will Pay Five Cents More Tax

Dave Johnson | Posted 05.25.2011 | Politics
Dave Johnson

This discussion of whether to get rid of the Bush tax cuts for the rich has been a learning experience. I have been listening on the radio and readin...

Jason Linkins

Dems' Tax Cut Punt Doesn't Make Any Sense | Jason Linkins | Posted 05.25.2011 | Politics

Despite the fact that just about all extant polling indicates that the American people are solidly on board with the idea that the Bush tax cuts for the middle class should be extended, while simultaneously rolling them back on the wealthy, Senate Democrats decided that they were going to punt the vote on the matter until after the election. Huh? What? Aren't the Democrats running for office this year? And can they not read opinion polls?

Meg Whitman's Tax Policy

Sunil Adam | Posted 05.25.2011 | Comedy
Sunil Adam


Addressing Climate Change: A Tax Cut We Can All Agree On

Mary Ellen Harte and John Harte | Posted 05.25.2011 | Green
Mary Ellen Harte and John Harte

By making clean energy cheaper, rather than dirty energy more expensive, this tax policy would be progressive, benefiting the poor more than the rich, although the rich would get their cut, too.

Dems Duck Middle Class Tax Cut Fight

Taylor Marsh | Posted 05.25.2011 | Politics
Taylor Marsh

If Democrats won't stand on a line to make the case they've stood on throughout history, which is standing up for the middle class, then they don't deserve the majority.