So many stupid theories abound today, tossed back and forth between the billionaire-paid politicians and their paid think-tank economists, that it is hard to go a single day without shaking your head so hard that your hat falls off. The fact is that there are always only two explanations. Let me explain the two explanations [...]
Entries Tagged as 'tax increases'
Taxes and Stimuli, 101
August 15th, 2011 · Comments Off · Capitalism, Corporations and Industry, Economics, Politics, Populism, taxes, The Budget
Tags: Clinton economy·Clinton jobs·Holtz-Eakin lies·jobs·Neocon lies·Republican tax cuts·tax cuts·tax cuts and jobs·tax increases
Neocon Lies About Taxes and Austerity
July 10th, 2011 · 1 Comment · Politics, Populism, taxes, The Budget, Wall Street
We have to stay on point, stay focused. The time has passed when the average American family can be civil and or laid back about what is happening in society. The Neoconservatives are blindly working for big capitalism to drive down wages, reduce the average equity or net worth of Americans, and control all of [...]
Tags: do tax cuts raise revenues·Neocon lies on taxes·tax cuts·tax cuts for the rich·tax increases·tax loopholes for corporations
On Raising Taxes and Restoring the Dream
April 22nd, 2011 · Comments Off · Capitalism, Corporations and Industry, Economics, Politics, taxes, Wall Street
We have all benefited from lower taxes in the years since 1980. So we can’t simply say that the rich have benefited. We all have lower taxes than we otherwise would. Of course, the more money you make, the more you are taxed. So the rich, even at these lower rates, pay more by far [...]
Tags: balancing the budget·growing the economy·jobs·Neocon budget proposals·Obama budget proposals·tariffs and trade·tax cuts·tax increases
The Case for Raising Taxes
September 8th, 2010 · 1 Comment · Capitalism, Politics, taxes, Wall Street
For so many years we have been told that tax cuts stimulate the economy that most of us cannot accept the fact that raising taxes will not be counterproductive to expanding the economy. But that is exactly the case. Taxes may influence behavior. If you tax cigarettes or gasoline very heavily, some reduction in consumption [...]
A Presidential Commission–To Cut Your Benefits
June 2nd, 2010 · Comments Off · Capitalism, Corporations and Industry, Economics, Politics, Populism, taxes, Wall Street, wars and militarism
“Houston, we have a problem….” “We’re out of money.” Our fiscal problems have at last reached emergency status. The Republicans, yes, the Republicans–in a purely partisan way–over the last 30 years finally put us so deeply in debt that we must now address the situation before it it too late. The President, no FDR or [...]
Tags: budget deficits·budgets and spending·cutting back on Social Security·cutting government spending·cutting Medicare·cutting the military budget·government austerity programs·national debt·national debt crisis·tax increases
Who Is Going to Pay the National Debt?
February 17th, 2010 · Comments Off · Economics, Politics
There was a wonderful line once in an old movie. A very savvy and skilled old billiards player, a hustler, was about to take the money from a slick and smart-alecky young man who had just ridden into town. And as the hustler chalked his cue stick, and leaned over the table to take his [...]
Tags: Deficit reduction·Neocon programs for deficit reduction·Pete Peterson·Social Security and Medicare·tax cuts·tax increases
David Brooks and Neocon Advice to the Elderly
February 3rd, 2010 · Comments Off · Culture, Economics, General, Politics
“There you go again…” as a famous “B” movie actor once memorably said…memorable because he happened to be President at the time. Oh yes, we really did have an actor as President. But he was also a union president at one time. Granted, it was a union of actors, but he was elected. One of [...]
Tags: AARP·elderly income·Health Care·income inequality·Medicare·national debt·Neoconservative budget planning·retirement·Right Wing·Social Security cuts·tax cuts·tax hikes·tax increases