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Tax Cuts

Why the Lame Duck Congress Must Extend Jobless Benefits For Hard-hit Families But Not Tax Cuts For the Rich

Robert Reich | Posted 05.25.2011 | Politics
Robert Reich

Republicans and many blue-dog Democrats say we can't afford another unemployment benefits extension. But these are many of the same people who say we should extend the Bush tax cuts for the wealthy for at least another two years.

The Cure

Jonathan Schmock | Posted 05.25.2011 | Comedy
Jonathan Schmock


Democrats: Surfs Up

Cynthia Dill | Posted 05.25.2011 | Politics
Cynthia Dill

The tsunami of GOP and Tea is still flooding our country. The choices seem to be ride this wave and succumb to fear-mongering and blaming the most vul...

Dear Congress: While You're At It...

Rick Horowitz | Posted 05.25.2011 | Comedy
Rick Horowitz

Welcome back to Washington! For dozens of you, these next few weeks will be your final moments on the congressional stage; you'll soon be moving back to your home states, or at least to K Street.

Weekly Audit: Curbing the Deficit, Cat Food, and You

The Media Consortium | Posted 05.25.2011 | Politics
The Media Consortium

Weekly Audit: Curbing the Deficit, Cat Food, and Youby Lindsay Beyerstein, Media Consortium blogger The deficit commission released its much anticipat...

Michele Bachmann Willing To Compromise On Bush Tax Cuts

The Huffington Post | Nick Wing | Posted 05.25.2011 | Politics

Republican firebrand Rep. Michele Bachmann (Minn.) said Tuesday morning that she would be willing to broker a compromise on the extension of the Bush ...

The Best We Can Do: How to Split the Check on National Debt

Peter Fox-Penner, PhD | Posted 05.25.2011 | Business
Peter Fox-Penner, PhD

In a departure from my primary area of expertise, energy and environmental issues, I would like to comment on Michael Kinsley's recent article in The ...

Greenspan: I'm In Favor Of Raising Taxes 'For The First Time In My Memory'

Yahoo! News | Edward Krudy | Posted 05.25.2011 | Business

Reversing a long-standing aversion to tax increases, Greenspan warned of "very grave problems ahead" if the budget deficit, swollen to around $1 trill...

Pay off the Deficit OR Pay off the Mistress? Better Uses for the Millionaire Tax Cuts

Lee Camp | Posted 05.25.2011 | Comedy
Lee Camp


Obama's Choice: The Stand that Will Make Him or Break Him

Mark Olmsted | Posted 05.25.2011 | Politics
Mark Olmsted

Frank Rich's excellent column in this week's Sunday Times deconstructs the bipartisan responsibility for a state of affairs in which the share of weal...

Tax Cut Diplomacy Under Reconciliation: Allow Top Rate to Rise or Close Loopholes (2:1)

Paul Abrams | Posted 05.25.2011 | Politics
Paul Abrams

Congressional Democrats are in a very strong position with respect to the tax/budget issue that they are about to tackle. They -- and the White House -- should remember that before they start negotiating.

America Speaks: What Will You Spend Your Millionaire Tax Cuts on?

Lee Camp | Posted 05.25.2011 | Comedy
Lee Camp


Dear Mr. President, Please Don't Extend The Bush Tax Cuts

James Kwak | Posted 05.25.2011 | Business
James Kwak

The Bush tax cuts were bad policy when they were enacted, and they are bad policy today. Extending them would dramatically enrich the wealthy relative to everyone else: 26.8 percent of the benefits would go to the top one percent of wage earners.

The Bush Tax Cuts and the Republican Cult of Affirmative Action

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

Capitalists believe in rewarding success and punishing failure. Well, we have ten years of performance data on the Bush tax cuts, and they failed by every possible criterion.

Dems Squabble Over Taxes

Roll Call | Posted 05.25.2011 | Politics

Rather than wasting time comparing notes on how they spent their summer vacations, Senate Democrats celebrated their first full day back at work Tuesd...

Tax Cuts and Trade: Is Obama Triangulating?

Mark Engler | Posted 05.25.2011 | Politics
Mark Engler

As long as unfinished "free trade" deals remained bogged down in negotiations and are not an administration priority, I am willing to judge the situation as no harm, no foul. But it's a different story if the White House starts investing any real political capital in advancing these deals.

McConnell: Every Senate Republican Has Promised To Oppose Tax Cuts If Wealthy Aren't Included

AP | ANDREW TAYLOR | Posted 05.25.2011 | Politics

WASHINGTON — President Barack Obama's plan to raise taxes on wealthier people while preserving cuts for everyone else appears increasingly likel...

Amanda Terkel

Nancy Pelosi And Harry Reid: Passing Middle-Class Tax Cuts Is A Top Priority | Amanda Terkel | Posted 05.25.2011 | Politics

With additional reporting by Ryan Grim. NEW YORK -- A trio of progressive groups forcefully came out Friday in support of holding a vote on tax cuts...

Corporate Tax Evasion Strategy WIll Irk Middle Class

Francine Hardaway | Posted 05.25.2011 | Politics
Francine Hardaway

The "other half" does not have to live under the Rule of Law: rather, it makes the law. Many use the "double Irish" strategy to cut taxes. The rest of us shoulder the burden of the service cuts.

Demand Obama Grow a Pair and Not Cave in to Republicans on Tax Cuts for Rich

Miles Mogulescu | Posted 05.25.2011 | Politics
Miles Mogulescu

The Bush tax cuts added trillions of dollars to the deficit, which inside-the-beltway pundits now want to pay for by cutting the social safety net on middle class and poor Americans.

Obama Hopes To Reach Agreement On Tax Cuts

AP | Posted 05.25.2011 | Business

SEOUL, South Korea — President Barack Obama said Friday he is open to a compromise with Republicans on extending tax cuts for the wealthiest Ame...

Tell The Lame Duck Congress to Vote for Middle Class Tax Cuts

G. Roger Denson | Posted 01.23.2014 | Politics
G. Roger Denson

Americans who don't want to see tax cuts for the middle-class held hostage to the wealthy still have time to make themselves heard. Democrats, Republ...

Veterans Advocates Reject Debt Commission's You're On Your Own Economics

Christine Pelosi | Posted 05.25.2011 | Politics
Christine Pelosi

At a time when we strive to honor generations of service, the Debt Commissions comes out with draconian cuts that will have drastic consequences for veterans and military families. They must be stopped.

Frank Rich: Obama Election Strategy Must Focus On 'People Like You'

The New York Times | FRANK RICH | Posted 05.25.2011 | Politics

...what could give the Democrats even a slender reed of hope? If there's any plausible answer, it can be drawn from the single poll finding that is mo...

Democrats' 2010 Election Leader In House, Van Hollen, Would Consider More Tax Cuts For Wealthy

Bloomberg | Laura Litvan | Posted 05.25.2011 | Politics

U.S. House Democrat Chris Van Hollen said he would consider extending Bush-era tax cuts for wealthier Americans for a year if Republicans would agree ...