Tag Archives: Taxes

Bobby Jindal Proposed a Really, Really Stupid Idea

Posted on January 14, 2013 at 12:01 pm by Bob Cesca

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

Social Security Can Pay Full Benefits Through 2033

Posted on January 12, 2013 at 12:30 pm by Bob Cesca

And that’s if Congress and the White House does nothing to improve its longevity. This according to the CBPP and its response to an alarmist New York Times article. Every four years, an independent panel of distinguished economists, demographers, and … Continue reading →

Posted in Social Security | Tagged , , , | 1 Comment

Shocker: California Raises Taxes, Has Budget Surplus

Posted on January 10, 2013 at 4:30 pm by JM Ashby

Nobody could have predicted that after California finally voted to raise taxes, the state would cure its budgetary ailments in a relatively short amount of time. Riding a wave of new tax revenue, California Gov. Jerry Brown on Thursday proposed … Continue reading →

Posted in Economy | Tagged , , , | 20 Comments

How Far We’ve Come

Posted on January 2, 2013 at 2:30 pm by JM Ashby

This wasn’t very long ago. Every single Republican primary candidate raised their hand when asked if they would turn down a deal that included 10 dollars in cuts for every 1 dollar in new revenue. During the presidential debates, Mitt … Continue reading →

Posted in Economy | Tagged , , , , , | 27 Comments

Further Context on the Fiscal Cliff Deal

Posted on January 2, 2013 at 10:03 am by Bob Cesca

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

Grover Norquist is a Racist Manchild

Posted on December 13, 2012 at 2:30 pm by JM Ashby

Grover Norquist knows just as well as you or I do that taxes are going up soon whether he likes it or not. And, evidently, he really does not like it. NORQUIST: We got lots of things Obama claims to … Continue reading →

Posted in Wingnuts | Tagged , , , , | 7 Comments

They Aren’t Serious

Posted on December 12, 2012 at 4:30 pm by JM Ashby

CNN’s Dana Bash reports that John Boehner’s latest fiscal cliff proposal included a permanent extension of the Bush Tax Cuts. Washington (CNN) – One of the reasons Tuesday night’s conversation between President Barack Obama and John Boehner did not go … Continue reading →

Posted in Epic Fail | Tagged , , , , | 9 Comments

Lawrence O’Donnell Eviscerated Gingrich on Tax Hikes

Posted on December 10, 2012 at 12:38 pm by Bob Cesca

From yesterday’s Meet the Press, O’Donnell just totally nailed Gingrich: For the last time: tax cuts are one of the least efficient ways to stimulate economic growth and if the four tax cuts Gingrich mentioned were so effective, how is … Continue reading →

Posted in Economy | Tagged , , , , , | 5 Comments

They Really, Really Hate Medicare and Social Security

Posted on December 10, 2012 at 9:18 am by Bob Cesca

Tom Coburn repeated the newly minted GOP line about rolling back the Bush tax cuts — but only if it’s accompanied by “significant entitlement reform”: “Will I accept a tax increase as a part of a deal to actually solve … Continue reading →

Posted in Economy | Tagged , , , , , , , | 11 Comments

Understanding the Fiscal Cliff in 2 Minutes and 30 Seconds

Posted on December 4, 2012 at 12:46 pm by Bob Cesca

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

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