Tag Archives: Bush-era tax cuts
Tea Party Extortion
When the initial threat of a federal government shutdown was averted earlier this month, the Republican/Tea party game plan was revealed for what it was, high stakes political extortion. In threatening to shut down federal government operations, the Republican/Tea Party … Continue reading
Misplaced Union Envy
Millions of Americans have lost their jobs and homes since the financial collapse of 2008. Tens of millions more are in fear of losing their jobs and homes. Conservatives and tea party activists have chosen to blame the government and … Continue reading
Time to Stand Up for Our Teachers, Police, and Firefighters
State governments across the US are facing record budget deficits in the upcoming fiscal year (FY) 2012 that begins July 1, 2011 in most states. Altogether, total state shortfalls could exceed $140 billion in FY 2012. The biggest deficits look … Continue reading
Blaming the Middle Class
Deficit reduction will need to be high on the legislative agenda of the 112th Congress. Government is borrowing too much — current policies are just not sustainable. The solutions are simple — spend less, increase revenues, or both. The politics … Continue reading
Merry Christmas from Washington, DC
President Obama and some very unlikely allies in Washington, DC have given the American people a Christmas present of sorts. As a result of a bipartisan agreement between the President and Republican leaders in Congress, middle class taxes will not … Continue reading
Barack and Bill
Barack Obama brought out Bill Clinton to address the press in the White House briefing room yesterday, and then gave the former president the stage. It no doubt caused a lot of us to flash back 15 years to when … Continue reading
The Failed Bush Tax Cuts
Failed Bush economic policy, and the failed Bush tax cuts passed in 2001 and 2003, added $4.36 trillion to the national debt during his 8 years in office. And what was the impact of the Bush tax cuts on the … Continue reading
The Big Lie About Jobs and Taxes
The question of whether to extend the Bush tax cuts seems hopelessly mired in misinformation. The bickering in Washington on the economy seems almost exclusively focused on the top marginal tax rates — the rate paid by the wealthiest taxpayers … Continue reading