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Tax Cuts

How to End the Recession

Alan Schram | Posted 02.06.2009 | Business

Read More: Citigroup, Green Jobs, Credit Crunch, Federal Reserve, Obama, Thomas Jefferson, Libor, S&P 500, Recession, Bush, Dollar, Money Market Funds, Fdic, Paulson, Wall Street, Bailout, Business News, Tax Cuts, Bank Deposits, Saving Money, Deficit, Dow, Stimulus Plan, Financial Crisis, Business News
Alan Schram

What should be intuitively clear is that spending is no way to repair our woes. Indeed, spending irresponsibly is exactly what got us in the current lugubrious position.

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Tax Credits vs. Spending: Why Progressives Should Care How the Stimulus is Delivered

Elizabeth Rigby | Posted 02.05.2009 | Politics

Read More: Taxes, Congress, Stimulus Bill, Mitch McConnell, Food Stamps, Progressive Agenda, Economy, Progressive Policy Change, Progressives, Economic Crisis, President Obama, Government Spending, Obama Administration, Medicaid, Recession, Barack Obama, Politics, Unemployment, Economic Stimulus Package, Spending, Political Feasibility, Tax Cuts, Economic Stimulus, Obama Transition, Tax Expenditures, Financial Crisis, Politics News
Elizabeth Rigby

From a progressive perspective, does the use of tax credit represent a political compromise that will limit the potential for the stimulus to seed more substantial policy change?

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2009: A Time for Real Economic Change

Mike Garibaldi-Frick | Posted 01.28.2009 | Business

Read More: Taxes, Small Business, Wall Street Bailout, Economy, Economic Crisis, Middle Class, George W. Bush, Ponzi Scheme, Obama, Corporate Power, Capitalism, Tax Reform, Recession, Economic Policy, FInancial Markets, Corporations, United States, Tax Cuts, Mortgage Rates, Interest Rates, Wall Street, Great Depression, Financial Crisis, Business News
Mike Garibaldi-Frick

America's anger and ingenious will is stoked and a new, more open administration is coming to power looking for innovative, far-reaching ideas.

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The Politico's Jayson Blair

David Sirota | Posted 01.07.2009 | Media

Read More: Barack Obama, Meet the Press, Politico, Iraq War Timetable, Jonathan Martin, Tax Cuts, Media News
David Sirota

Jonathan Martin's claims about Obama in Politico on Sunday are outrageous lies by a self-serving "reporter" looking to get his story on the front page of Drudge.

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Raise My Taxes

Edgar M. Bronfman | Posted 01.05.2009 | Politics

Read More: Tax Cuts, Bush Economy, Taxes, Obama Economy, Wealth, Tax Cuts for the Wealthy, Politics News
Edgar M. Bronfman

To cut the rich a break while so many others struggle to support and educate their families is neither moral nor pragmatic.

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The Change We Need

Robert L. Borosage | Posted 01.02.2009 | Business

Read More: Economic Recovery, Stimulus Plan, George Bush, Education, Economy, Economic Crisis, Tax Cuts, Obama Administration, Main Street, Pell Grants, Barack Obama, Business News
Robert L. Borosage

A big time recovery plan for Main Street focused on the investments we need is one key element of the change we need. And one that President Obama surely supports.

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TAX CUTS: THEOLOGY, FACTS & TOTALLY F**KED

Larry Beinhart | Posted 12.18.2008 | Politics

Read More: Subprime Crisis, Taxes, Depression, Tax Cuts, Bubble, Recession, Economy, Crash, Housing Bubble, Politics News
Larry Beinhart

TAX CUTS: THEOLOGY, FACTS & TOTALLY F**KED THE MYTH ...

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Friday Talking Points [55] -- "Bretton Woods II"? Not Quite.

Chris Weigant | Posted 12.15.2008 | Politics

Read More: Loan, Russ Feingold, Mormon, Proposition 8, Economy, World Bank, New Years, Redistribution of Wealth, Imf, Iraq, Obama, Plan B, President-Elect, Sarah Palin, Putin, Bush, Lieberman, Automakers, Paulson, Rnc, Economic Summit, Senator, Sarkozy, Bailout, Sofa, Bretton Woods II, Midotw, New Hampshire, Tax Cuts, Most Disappointing Democrat of the Week, Taxpayer Money, Treasury, Most Impressive Democrat of the Week, Status of Forces, Mount Washington Hotel, Reid, Detroit, Taxes, Palin Clothes, Oath, Bretton Woods, Socialism, Speakeasy, Feingold, 2008 Election, Barack Obama, Constitution, Mddotw, Chris Weigant, Rahm Emanuel, Palin, Georgia, Harry Reid, President-Elect Obama, Secretary, Politics News
Chris Weigant

I have to begin here today by stomping all over a cutesy term the media has come up with for the upcoming economic "summit" George W. Bush is holding ...

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Are Voters Cynical on Taxes, or More Grown Up Than Our Leaders?

Scott Bittle and Jean Johnson | Posted 12.14.2008 | Politics

Read More: Tax Cuts, Government Spending, Taxes, Economic Stimulus, Federal Deficit, Barack Obama, Economy, Economic Crisis, Barack Obama Tax Cuts, Spending Cuts and Tax Hikes, Barack Obama Taxes, Tax Hikes, Recession, Federal Budget, National Debt, Federal Budget Deficit, Barack Obama Tax Plan, Spending Cuts, Congressional Bailout, Exit Polls Taxes, Politics News
Scott Bittle and Jean Johnson

Many American have no idea how long the country has been running deficits and they may not have all the numbers at their fingertips, but the general drift has not escaped them.

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Concentrating the Wealth, Pt. 1

Terrance Heath | Posted 11.29.2008 | Politics

Read More: Tax Cuts, Taxes, Wealth, Income Inequality, Economy, Inequality, Alan Greenspan, Politics News
Terrance Heath

Last week I ventured into the "spreading the wealth" discussion with a post attempting to unpack one aspect of why even some people who migh...

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The Meek Shall Not Inherit

Terrance Heath | Posted 11.29.2008 | Politics

Read More: Prosperity Gospel, Barack Obama Tax Plan, Wealth, Economy, Tax Cuts, Joe the Plumber, Religion and Politics, George Lakoff, Barack Obama, McCain Tax Cuts, Politics News
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...

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Conservative Tax Policy Is Corporate Socialism

Adrienne Birecree | Posted 11.25.2008 | Home

Read More: Business Taxes, Economy, Mccain Corporate Taxes, Obama Corporate Taxes, Corporate Taxes, Tax Breaks, McCain Taxes, Reagan Tax Cuts, Tax Policy, McCain Middle Class Taxes, Business Tax Cuts, Tax Cuts, Economic Stimulus, Job Creation, Obama Middle Class Taxes, Obama Economic Stimulus Plan, McCain Economy, McCain Economic Policy, Mccain Socialism, Layoffs Economy, Obama Socialism, Obama Economic Policy, Home News
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.

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Another Washed Up Economic Plan

Harry Moroz | Posted 11.22.2008 | Business

Read More: Tax Cuts, Environment, Federal Budget, Energy, Progressive Agenda, Fiscal Responsibility, Economy, Business News
Harry Moroz

Is William Beach trying to derail the stimulus train?

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

Baratunde Thurston | Posted 11.20.2008 | Politics

Read More: Taxes, Joe the Plumber, Video, John McCain, Barack Obama, Mccain Joe the Plumber, Tax Cuts, Politics News
Baratunde Thurston

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

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McCain Discovers Plumber No Ordinary Joe

Politico | Posted 11.17.2008 | Politics

Read More: Election 2008, Joe Plumber, John McCain, Healthcare, Barack Obama, Tax Cuts, Politics News

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

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Joe the Plumber's Imaginary Empire

Mike Papantonio | Posted 11.16.2008 | Politics

Read More: Small Business, Debate, Tax, Economy, Middle Class, Joe the Plumber, Tax Cuts, Maverick, John McCain, Barack Obama, Politics News
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.

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

Jason Notte | Posted 11.16.2008 | Entertainment

Read More: Mario, Taxes, Barack Obama 2008, John McCain, 2008 Presidential Race, Tax Cuts, Video Games, Presidential Debates, Nintendo, Barack Obama, Joe the Plumber, Entertainment News
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.

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

The Wonk Room | Pat Garofalo | Posted 11.15.2008 | Business

Read More: Tax Cuts, Mccain, Tax Cuts for the Wealthy, Millionaires, Pension and Family Security Plan, Tax Policy Center, Business News

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...

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

Paul Abrams | Posted 11.14.2008 | Politics

Read More: Iraq War, Tax Cuts, Equal Pay, Stock Market, Social Security, Economy, Barack Obama, Politics News
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.

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After the Wrecking

Thomas Frank | Posted 11.08.2008 | Politics

Read More: U.S. Economy, Sarah Palin Vp, Economy, Economic Crisis, Gulf Coast Recovery, Sarah Palin Vice President, Wall Street Journal, Politics News, Politics, Wall Street Crisis, Wall Street, Sarah Palin, Deregulation, Tax Cuts, Newt Gingrich, Iraq, Republican Party, Republicans, Politics News
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?

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

Robert Greenwald | Posted 11.06.2008 | Politics

Read More: Issues, Abortion, George Bush, John McCain, Bailout, Economy, Environment, Tax Cuts, Anti-Choice, Recession, Politics News
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...

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

Stephen Herrington | Posted 10.27.2008 | Home

Read More: Taxes, Baby Boomers, Gdp, Retirement, Aflcio, Social Security, Economy, Tax Cuts, Ssa, Alan Greenspan, McCain Social Security, Tax Hike, John McCain, Barack Obama, Home News
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.

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

Steve Clemons | Posted 10.25.2008 | Politics

Read More: Secrecy, Coalition Provisional Authority, Political Norms, Infrastructure, Bailout, Economic Crisis, Halliburton, George W. Bush, Tax Cuts, 9/11, Politics News
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.

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Former Publisher of William F. Buckley's National Review Backs Obama

Jackson Williams | Posted 03.06.2009 | Politics

Read More: John McCain, National Review, William Buckley, Wick Allison, Barack Obama, Print Media, Media, Taxes, Tax Cuts for the Rich, Tax Cuts for the Wealthy, Tax Cuts, Federalist Papers, Bush Tax Cuts, Politics News
Jackson Williams

Wick Allison is a lifelong conservative, and he starkly lays out his bona fides in the piece -- and they're impressive.

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Rising Deficits -- Don't Blame the Economy

Bob Greenstein | Posted 10.17.2008 | Business

Read More: Taxes, Federal Budget Deficit, Economy, Tax Cuts, Government Spending, Defense Spending, Federal Budget, Fiscal Responsibility, Business News
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.

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