Tag Archives: Tax Cuts

Bobby Jindal Proposed a Really, Really Stupid Idea

What a terrible idea: Gov. Bobby Jindal is proposing to eliminate Louisiana’s income and corporate taxes and pay for those cuts with increased sales taxes, the governor’s office confirmed Thursday. The governor’s office has not yet provided the details of … Continue reading

Posted in Taxes | Tagged , , , | 7 Comments

Further Context on the Fiscal Cliff Deal

Sullivan: And so you see that Obama’s re-election has meant the biggest increase in revenues to the federal government since 1968. That would not have happened under Romney. $600 billion in tax hikes, while protecting the tax cuts for the … Continue reading

Posted in Economy | Tagged , , , , | 19 Comments

Understanding the Fiscal Cliff in 2 Minutes and 30 Seconds

Robert Reich with the public service: Regarding the Democrats and not backing down, so far so good.

Posted in Economy | Tagged , , , , , , , | 1 Comment

How the President Passed a Second Stimulus

David Corn wrote a brilliant article detailing how, in 2012, the president managed to trick the Republicans into supporting a second stimulus — simply by allowing the renewal of the Bush tax cuts. The package would extend the Bush tax … Continue reading

Posted in Economy | Tagged , , | 7 Comments

Framework for the Fiscal Cliff Deal

Ezra Klein heard that lawmakers and the White House will have a deal to avoid the fiscal cliff by December 21. Here’s how it’s shaping up: December 21st, people keep saying. We’ll have a deal by December 21st… Here’s how … Continue reading

Posted in Economy | Tagged , , , , , | 7 Comments

The Toonces Gambit

Some Democrats and liberals want to put “Toonces the Cat Who Could Drive A Car” behind the wheel and let the car fly over the cliff. WASHINGTON (AP) — Some Democrats are pushing an unorthodox idea for coping with the … Continue reading

Posted in Economy | Tagged , , , , , | 4 Comments

I’d Like to Hear More From Mr. Gingrich, Please.

Newt Gingrich said Romney lied about cutting taxes. Even better, he said lying is “good politics.” Newt Gingrich called out Mitt Romney on Sunday for backing off his promise to cut taxes on the wealthy after winning the Republican nomination. … Continue reading

Posted in Uncategorized | Tagged , , , | 7 Comments

Tax Cuts Do Not Create Jobs

Last night, Mitt Romney made a rapid-fire “winning” case that tax cuts for businesses will magically create jobs. He’s horribly wrong. Fact: tax rates are the lowest they’ve ever been in history, and yet businesses are sitting on record high … Continue reading

Posted in Election 2012 | Tagged , , , , , , | 3 Comments

Romney Wants More Skin in the Game, So Let’s Start with His

My Wednesday column digs deeper into Romney’s twisted “47 percent” video and how it sounds as if the Republicans are suddenly becoming feverishly pro-tax. Throughout the last 24 hours, Republicans and Romney surrogates have been scrambling to twist their walnut … Continue reading

Posted in The Daily Banter | Tagged , , , , | 10 Comments

Romney Caught on Tape: Moochers, Sweatshops and Freeloaders

My Tuesday column dissects the hidden camera Romney video and, specifically, his claim that the 47% of Americans who didn’t pay taxes in 2009 are freeloaders. The clandestine video footage of Mitt Romney telling wealthy donors that nearly half the … Continue reading

Posted in Election 2012 | Tagged , , , , | 6 Comments