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Tax Cuts

The Meek Shall Not Inherit

Terrance Heath | Posted 05.25.2011 | Politics
Terrance Heath

In my work-related news reading this morning, I came across an interesting take on Obama's exchange with "Joe the Plumber." The truth is that Obama in...

Conservative Tax Policy Is Corporate Socialism

Adrienne Birecree | Posted 05.25.2011 | Home
Adrienne Birecree

John McCain decries middle class tax cuts as "socialism" because they "spread the wealth around." What are tax cuts for corporate America and the wealthy then? There indeed has been an increase in "socialism" in the U.S. but a smokescreen of conservative ideological rhetoric has hidden it for decades.

Another Washed Up Economic Plan

Harry Moroz | Posted 05.25.2011 | Business
Harry Moroz

Is William Beach trying to derail the stimulus train?

My Submission For McCain's "I Am Joe the Plumber" Video Contest

Baratunde Thurston | Posted 05.25.2011 | Politics
Baratunde Thurston

Considering the farce of Joe and the downright silliness of McCain's campaign, I just had to submit my own video.

McCain Discovers Plumber No Ordinary Joe

Politico | Posted 05.25.2011 | Politics

John McCain hung his final presidential debate performance on an Ohio plumber who campaign aides never vetted. A day after making Joseph Wurzelbacher...

Joe the Plumber's Imaginary Empire

Mike Papantonio | Posted 05.25.2011 | Politics
Mike Papantonio

The truth about Joe is that he is not a licensed plumber and he's never made more than $40,000 dollars a year in that trade.

No Post-Debate Power-Ups From Candidates' Plumber Story

Jason Notte | Posted 05.25.2011 | Entertainment
Jason Notte

Mario has become a worldwide icon. He now represents every immigrant who had ever struggled through the levels of society and has opened the door for countless others who came after him.

Millionaires To Reap Two-Thirds Of The Benefits From McCain's Proposed Tax Cuts

The Wonk Room | Pat Garofalo | Posted 05.25.2011 | Business

As part of his new economic outline - The Pension and Family Security Plan - Sen. John McCain (R-AZ) has proposed cutting the tax rate on long term ca...

Obama Until November: Just Keep it Short, Simple and Sharpen Distinctions

Paul Abrams | Posted 05.25.2011 | Politics
Paul Abrams

We are down to the wire, and droves of people, are starting to pay attention to the candidates. For Obama to bring this home, he ought to keep it simple and make the distinctions sharp.

After the Wrecking

Thomas Frank | Posted 05.25.2011 | Politics
Thomas Frank

Conservatives have wrecked government so massively that it fails in New Orleans, fails in Iraq, and fails in its most basic regulatory missions. And this is the reason we need to elect more conservatives to high office?

Before the Next Debate: Reach People Who Don't Know the Real McCain

Robert Greenwald | Posted 05.25.2011 | Politics
Robert Greenwald

I was in a deep conversation with some Brave New Films supporters recently.  They were enthusiastic about the value of our videos in spreading th...

McCain's Social Security Plan Would Cut Benefits To People Who Already Paid For Them

Stephen Herrington | Posted 05.25.2011 | Home
Stephen Herrington

The conventional wisdom is that higher taxes hurt the economy. There is no actual evidence of that. In fact if you plot tax rates against GDP, there is no observable correlation.

Bush Does a 9/11 Replay in Asking for Unprecedented Powers and Unprecedented Budget

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

What is shocking about the presentation by Bush -- and the deal that is unfolding is that we don't see any acceptance of responsibility for the failure of his team's stewardship of the economy.

Rising Deficits -- Don't Blame the Economy

Bob Greenstein | Posted 05.25.2011 | Business
Bob Greenstein

New government estimates show that the federal government will be in a big hole in fiscal 2009 -- a $546 billion deficit. They also help show how we got into this hole -- and the answer may surprise you.

Obama Better be Ruthless

Diane Francis | Posted 05.25.2011 | Politics
Diane Francis

When dealing with such a totally ruthless opponent, kicking and biting and scratching and whatever else is necessary must be deployed.

Bush's Tax Cuts Pay For Cindy's Outfit

Ari Rabin-Havt | Posted 05.25.2011 | Politics
Ari Rabin-Havt

According to Vanity Fair, the outfit Cindy McCain wore Tuesday night cost a whooping $313,100. The McCains have received $313,413 thanks to George Bush's tax cut.

Wealthy Kennedy's Democratic Philosophy Starkly Contrasts with Ferragamo-Loafered McCain's Republican Dollar-Worship

Leo W. Gerard | Posted 05.25.2011 | Politics
Leo W. Gerard

McCain's absentminded elitist air would be one thing, but the real distinction is his philosophy. He believes the rich, like him, should stay rich -- too bad for the middle class, which is supporting that wealth.

Too Much Spin

Janet Ritz | Posted 05.25.2011 | Politics
Janet Ritz

I was in a doctor's waiting room recently, listening to pundits on a big-screen TV, when a middle-aged man turned to me and stated: "Too much spin." ...

Friday Talking Points [44] -- McCain House Party!

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

John McCain said something ridiculous to a reporter yesterday. I hasten to point out that the previous sentence should have been a major media headlin...

The Great Corporate Tax Heist

Robert L. Borosage | Posted 05.25.2011 | Politics
Robert L. Borosage

Remember the old Steve Martin routine on how to make a million dollars and not pay taxes: "First, make a million dollars... Second, don't pay taxes." Turns out Martin's joke is standard operating procedure for corporations in the US.

McCain Small Business Plan Ignores Major Small Business Issues

Lloyd Chapman | Posted 05.25.2011 | Business
Lloyd Chapman

On Monday, Senator John McCain's (R - AZ) presidential campaign issued a press release entitled, "John McCain's Plan To Help Small Business." The pla...

This Isn't Infighting, This is Therapy

Chip Hanlon | Posted 05.25.2011 | Politics
Chip Hanlon

You may be expecting the finest in GOP entertainment as we righties tear each other apart ahead of November's presumed debacle. But in fact, it's the first step in our return to the majority.

McCain's Record ... of Flip-Flops

Ira Forman | Posted 05.25.2011 | Politics
Ira Forman

The gall of McCain's 'straight talk' is breathtaking and the flip-flops here ought to finally put the myth of McCain's maverick moderate image to rest.

John McCain's New Populism?

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

McCain can "pledge" to reform Wall Street business practices all he wants, but he hasn't walked the walk in the Senate in past years, nor has his party ever done so.

Cutting Through The Fog

Jared Bernstein | Posted 05.25.2011 | Politics
Jared Bernstein

The election debate is already off the rails, and misinformation is swirling like balloons at the convention. McCain says he's the big tax cutter and Obama's going to raise your taxes through the roof. That's not just a little bit wrong -- it's a lot wrong.