by Robert Borosage | Dec 14, 2010 | Blog
The Washington Post publishes a poll showing most Americans support the tax deal. No surprise: selling a tax cut doesn’t require a profile in courage. http://is.gd/iJ0n2 The poll provides two clear cautions to the leaders of both parties. Remarkably, Americans oppose...
by Robert Borosage | Dec 8, 2010 | Blog
The White House is peddling its tax-cut deal as a needed stimulus plan, a boost to the economy that will create jobs and generate growth. This new-found concern for jobs is laudable, if startling from a White House that has been hawking deficit reduction for months –...
by Robert Borosage | Dec 8, 2010 | Blog
David Leonhardt in the NYT does a good service by laying out simply what $60 billion a year in tax cuts -- the amount that will go to those earning over $250,000 if the Republicans get their way (adding to their income an average of $25,000 per household -- with most...
by Robert Borosage | Dec 8, 2010 | Blog
Politics is not rocket science. Karl Rove and the political witch doctors like to pretend they can concoct mysterious potions to steal elections, but that’s just con man puffery. Politics really is mostly common sense. Democrats just got “shellacked” in an election....
by Robert Borosage | Dec 8, 2010 | Blog, Economy
So now we have the deal. In a society of extreme inequality, the rich – well represented by a unified Republican claque – will make out like bandits: An average tax cut of $25,000 a year for the top two percent (with much of it in six figure numbers for the wealthiest...
