Tax Cuts

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Latest blogosphere posts tagged “Tax Cuts”

  • Budget deficit rose to $176 billion in October, worse than predicted


    DailyFinanceAuthority Authority: 797
    Filed under: Economy In a disappointing start to the federal governments new fiscal year, the nation posted a higher-than-expected $176.4 billion budget deficit for October, the Treasury Department announced Thursday, as bank bailout and stimulus spending kept outlays at a high level, while the recession ...
    10 hours ago
  • Bill Gates to Wall Street: You earn too much. America responds: No duh.


    DailyFinanceAuthority Authority: 797
    Filed under: Technology , Economy , People Bill Gates offered a revolutionary observation on Wednesday in Manhattan, during a discussion on philanthropy at the 92nd Street Y lecture hall. Wall Street pay, he says, is "often too high." Gatess wisdom on Wall Streets compensation problem seems obvious enough, but ...
    12 hours ago
  • Peter Orszag on the Tough Specifics of Deficit Reduction


    EconomistMom.comAuthority Authority: 512
    The President’s budget director, Peter Orszag, was on NPR’s Morning Edition on Wednesday morning.  He talked about the really difficult fiscal policy dilemma the federal government faces right now–dealing with both an unusually severe recession and a worsening longer-term budget outlook (emphasis added): ...
    1 day ago
  • Wednesday, November 12, 2009


    Rising in PhoenixAuthority Authority: 424
    According to government projections, U.S. health care spending is estimated to have reached $2.4 trillion in 2008 and is projected to experience its largest single-year increase as a share of the economy in 2009 as the effects of the recession ripple through the health care sector, federal analysts report in a study ...
    1 day ago
  • A German lesson


    News Benedict BroganAuthority Authority: 131
    This has to be candidate for Quote of the Day. Somebody should stick it in front of Gordon Brown, along with what the Canadian bloke said at the weekend:“Without growth there can be no investment, no new jobs, no money for education and no assistance for the weak.” (Angela Merkel addressing parliament yesterday ...
    1 day ago
  • The only thing i can’t figure is why China, with its (relatively) soaring economy, needs stimulus….


    InvestmentWatchAuthority Authority: 449
    Oh, RIGHT — they’re communists. Makes you think, doesn’t it??? http://finance.yahoo.com/news/China-October-auto-sales-up-apf-514815824.html?x=0&.v=3 “Powered by tax cuts and stimulus spending, China’s October auto sales soared 72 percent from a year earlier, outpacing U.S. sales for another month, ...
    3 days ago
  • How to pay for health care? Let’s re-soak the rich.


    Ray AbernathyAuthority Authority: 108
    A recent report by Citizens for Tax Justice says the Bush tax cuts for the wealthy will cost us over $2 trillion over the period 2001-2010, with half of the benefits going to the richest 5 percent of taxpayers.  I’m no math genius, but even I can figure their half comes to about $1 trillion dollars.  Holy cow — ...
    3 days ago
  • Employment bill called ‘corporate giveaway’


    Colorado IndependentAuthority Authority: 673
    WASHINGTON– Last week, as House Democrats took to the floor with near-unanimous praise for legislation to help the unemployed and stimulate the fragile economy, Rep. Lloyd Doggett (D-Texas) offered a wildly different message. “This bill,” he said, “represents a textbook example of how not to deal with the ...
    3 days ago
  • China October auto sales up 72 percent on stimulus


    Business Finance & Economy - business.marc8.comAuthority Authority: 163
    Powered by tax cuts and stimulus spending, Chinas October auto sales soared 72 percent from a year earlier, outpacing U.S. sales for another month, according to data reported Monday.
    3 days ago
  • Employment Bill Called ‘Corporate Giveaway’


    The Washington IndependentAuthority Authority: 777
    Rep. Lloyd Doggett (D-Texas) Last week, as House Democrats took to the floor with near-unanimous praise for legislation to help the unemployed and stimulate the fragile economy, Rep. Lloyd Doggett (D-Texas) offered a wildly different message. “This bill,” he said, “represents a textbook example of how not ...
    3 days ago
  • House Democrats Pass Worst Bill Ever To Destroy U.S. Health Care, Economy


    Start Thinking RightAuthority Authority: 475
    Congratulations, America.  This is what you’ve “won”: NOVEMBER 1, 2009 The Worst Bill Ever Epic new spending and taxes, pricier insurance, rationed care, dishonest accounting: The Pelosi health bill has it all . Speaker Nancy Pelosi has reportedly told fellow Democrats that she’s prepared to lose ...
    4 days ago
  • Updates to posts past on the FM website


    Fabius MaximusAuthority Authority: 547
    Some articles you might find of interest, updates about matters discussed on the FM website.ContentsAbout government efforts to control the newsAt last, sensible action to mitigate the housing crisisNews about the financial crisisAbout the US dollar(1)  About government efforts to control the news“Media Criticism, ...
    5 days ago
  • YouTube video sinks Turnbull minder


    Ohaiyo Business MagazineAuthority Authority: 431
    A media minder for Federal Opposition Leader Malcolm Turnbull has reportedly quit his job after being linked to an online bout of Liberal factional warfare. The video parodies Liberal MP Alex Hawke by portraying him as an enraged Adolf Hitler, echoing a YouTube trend of dubbing Hitler biopic Downfall with fake ...
    5 days ago
  • Just (Billy Joel and) Me, Talking About “Honesty”


    EconomistMom.comAuthority Authority: 512
    I think this is one of the coolest radio interviews I’ve done (click here for the link to the podcast) –not because of anything new I said that I haven’t said a million times before, but because Marketplace’s Scott Jagow did such a great job of prompting me with the right questions and editor Paddy Hirsch ...
    6 days ago
  • Latte Links (11/6)


    Caffeinated ThoughtsAuthority Authority: 140
    Miscellany to kick off the weekend. John Piper: 9 Ways to Know the Gospel of Christ Is True Principled Discovery: Why I’m not a “crunchy con” The Foundry: New Study Shows Tax Cuts Most Effective Stimulus Investors Business Daily: Power To Spare (their take on Sarah Palin vs. Vice President ...
    6 days ago
  • How to Talk Oneself Out of Keeping a Promise in Order to Do the Right Thing


    EconomistMom.comAuthority Authority: 512
    President Obama’s budget director, Peter Orszag, gave a really nice speech on the economy and fiscal policy this week.  It reinforces my belief that: (1) Peter really doesn’t view the “legacy” of the deficit-financed Bush tax cuts as a good one; (2) Peter really doesn’t want the Bush tax cuts to ...
    1 week ago
  • A tax drag on recovery


    Family: News and advice on family matters children and parentsAuthority Authority: 973
    Telegraph View The key to a swift recovery is to leave people with more of their own money to spend.
    1 week ago
  • Homebuyer Tax Credits and Fraud


    TFGIAuthority Authority: 117
    The American Recovery and Reinvestment Act passed in February 2009 included a provision granting an $8,000 tax credit to first time homebuyers. The tax credit program ends on November 30, 2009 and there is a push on to extend it into 2010. The Homebuyer Tax Credit Act of 2009 has been introduced in the House of ...
    1 week ago
  • New Study Shows Tax Cuts Most Effective Stimulus


    The FoundryAuthority Authority: 760
    The failure of the stimulus package to create jobs and generate economic growth becomes more apparent each day – despite preposterous claims from the White House about all the jobs they say it has created and saved. Counter intuitively (at least in the sane world outside of Washington), the stimulus’ failure ...
    1 week ago
  • Voodoo Economics at Work!


    Joejolly's WeblogAuthority Authority: 130
    Voodoo Economics can transform a healthy economy into a recession within three years! The neocons, by and large, appeared to be true adherents to Reaganomics – known by many as Voodoo Economics. Voodoo economics appears strange even at the common sense level. The implementation of voodoo economics by the neocons ...
    1 week ago

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