Posts tagged “tax cuts”
Getting The Media To Show Up Boehner
President Obama met with the House and Senate leadership of both parties last Tuesday. The conversation turned to the Bush tax cuts: At a meeting with Congressional leaders of both parties, Mr. Obama vowed that Democrats would extend current income tax rates except for the wealthiest taxpayers. But Representative John A. Boehner of Ohio, the [...]
Greenspan Throws A Curveball
Over the last week, various Republicans in Congress have distinguished themselves by arguing that the Bush tax cuts desperately need to be extended — without any effort to pay for them — because that’s what the economy oh-so-desperately needs. Forget job creation, forget any form of stimulus; the magic potion is tax cuts. And they [...]
Coburn On Taxes: An Instant Classic
Yesterday, I wrote about Senator Tom Coburn saying that “if we wanted to do new tax cuts, I think we ought to cut spending to pay for them” but it really wasn’t necessary to cut spending to pay for extending Bush‘s tax cuts. Since his original statement wasn’t entirely clear, yesterday on C-SPAN, he returned [...]
Delusionality And Mendacity: Republicans On The Bush Tax Cuts
Republicans of every stripe continue to spout utterly incoherent gobbledygook on the subject of George “Tax Cuts” Bush‘s tax cuts, the budget deficit and the national debt. Carly Fiorina — who used to be CEO of HP, was fired for incompetence, and decided that she was now qualified to be a Republican candidate for the [...]
Pure Distilled Republican Gobbledygook!
When Senate Minority Whip Jon Kyl recently declared that “you should never have to offset” the cost of a tax cut, he wasn’t quite done embarrassing himself on the subject of tax cuts and the budget deficit. Yesterday, he offered this timeless piece of helpful clarification: The second highest ranking Republican in the Senate doubled [...]
You Don’t Say
Lawmakers and Financial Experts Question Obama’s Tax Cuts – WaPo (1/7/09): At least two tax cuts that are part of Barack Obama’s stimulus package have been criticized by lawmakers, tax experts and economists for being potentially too expensive and ineffective, signaling that they are likely to face resistance on Capitol Hill as congressional leaders begin [...]
The Obama Doctrine
Obama Eyes $300 Billion Tax Cut – WSJ (1/5/09): President-elect Barack Obama and congressional Democrats are crafting a plan to offer about $300 billion in tax cuts to individuals and businesses, a move aimed at attracting Republican support for an economic-stimulus package and prodding companies to create jobs. The size of the proposed tax cuts [...]