Bush tax cuts


Leo Gerard's picture

Mitt Romney: Magic Man

"I’m gonna float like a butterfly and sting like a bee;
George can’t hit what his hands can’t see;
Now you see me, now you don’t;
He thinks he will, but I know he won’t." ~ Muhammad Ali

At last week’s presidential debate, Mitt Romney floated like a butterfly and stung like a bee.

He punched and parried, feigning the great Muhamm more »

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Dave Johnson's picture

Taxes -- A System Turned Upside Down

The Bush tax cuts expire at the end of the year. For more than 30 years the public has been told that low taxes promote economic growth and jobs, and now we have low taxes, low economic growth and a no job growth. Oh,, and really, really high deficits from the revenue shortfall. The 1%ers, of course, want to extend their tax cuts. more »

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Richard Eskow's picture

"Middle-Class Millionaires"? Dissecting a Democrat's Misguided Move

Once again a Democrat's letting the Right set the terms of the debate. This time it's House Minority Leader Nancy Pelosi, who's undercutting her party's tax policy in an odd way: by redefining "middle class" so that it includes people making a million dollars a year.

Pelosi's proposal would be great for millionaires - and bad for everyone else. more »

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Leo Gerard's picture

Hey, GOP: Give the 99 Percent Some Lovin’

MTV needs to stop giving that creepy vampire guy and moony human girl in the “Twilight” series the “best kiss” prize in its annual movie awards because it’s Republicans who truly earned the trophy for the big wet smooches they lay on the 1 percent.

Just think of the GOP lovin’ that went into the Bush more »

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Leo Gerard's picture

The 1 Percent Indifferent to Their Indebtedness

Most Americans, the 99 percent, feel the pressure of indebtedness. When they owe a friend a buck, their conscience bothers them until they’re square. They pay their bills, working second jobs if necessary. They meet mortgage obligations even when underwater.

That’s why there was a deficit Super Committee. Americans don’t like debt, including bills owed by their government. more »

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Zach Carter's picture

Highway Robbery and the Progressive Future

Kevin Drum gives a pretty thorough analysis of President Obama’s open assault on the mainstream Democratic Party at yesterday’s press conference, and declares that “programmatic liberalism is dead.” I think that’s more than a little exaggerated, but regardless, it’s not a fair description o more »

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Zach Carter's picture

A Tax Deal Fit For The Gilded Age

President Barack Obama and Congressional Republicans are ready to mortgage the American economy to billionaires in exchange for a few months of unemployment benefits. This deal is easily the gravest economic outrage of the Obama presidency to date, and signals that other political assaults on the economy are ahead. more »

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Deepak Bhargava's picture

The Lame Direction of the Lame Duck

Nearly 2 million U.S. workers are facing premature elimination of federally-funded unemployment benefits if Congress doesn't act by November 30. Yet the talk dominating Washington, D.C. these days is about extending George Bush's tax giveaway to the rich. Really?

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Zach Carter's picture

Conservatives Want To Live On Monopoly Money

Do today's economic conservatives actually want to live in a functional society, or are they striving for an economy that runs on Monopoly Money? more »

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