tax cuts

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Latest blogosphere posts tagged “tax cuts”

• If You’re Rich, 2010 Will Be a Great Year to Die

  
  Understanding Government — Authority: 142
  So explains the New York Times’ Carl Hulse : the estate tax on assets passed on to heirs will expire completely starting Jan. 1. Then , it will return at a 55 percent rate in 2011 for those with more than one million worth of assets. The estate or “death tax,” as its Republican detractors call it, is ...
  1 day ago

• The Current Debt Is Inherited, But Future Deficits Are Chosen

  
  EconomistMom.com — Authority: 463
  The Center on Budget and Policy Priorities issued this report this week, which claims that “President Obama Largely Inherited Today’s Huge Deficits.”  The headline chart is shown above, which proves the point that President Bush’s deficit financed tax cuts and deficit-financed wars account for most of the ...
  1 day ago

• Is the Senate Going to Allow the Estate Tax to Die?

  
  The Fine Print: blog posts from OMBWatch — Authority: 134
  According to a Wall Street Journal article published this morning, efforts to pass some sort of estate tax extension in the upper chamber broke down late Wednesday afternoon. It seems the Democratic caucus cant agree on whether to permanently or temporarily extend 2009 estate tax levels. Though legislators are ...
  1 day ago

• Deconstructing the Deficit

  
  The Fine Print: blog posts from OMBWatch — Authority: 134
  When discussing the federal budget deficit, I should be clear that reducing it right now is absolutely the wrong policy to pursue. It will likely strangle the meager recovery thats underway, and attention should primarily be focused on reducing the growing cost of health care. Having said all that, if deficit ...
  2 days ago

• About that Obama deficit...

  
  swimming freestyle — Authority: 141
  Several months ago, The Center for American Progress put together an analysis of the prime contributors to the current federal budget deficit.  The long and short of it; nearly all the deficit is a result of Bush Administration policies and the resulting economic downturn. Via Kevin Drum comes this more recent ...
  2 days ago

• If I thought this “health care reform” was going to fix anything, I would say that it is needed.

  
  InvestmentWatch — Authority: 542
  The problem is it fixes NOTHING, taxes EVERYTHING and will shoot the cost of insurance (let alone service) through the roof. My business has had our rates increased over 50% in two years, with NO claims for anything other than physicals. From the parts I have read of this legislation, our costs will go UP an ...
  4 days ago

• Maver-ick-ick-ick

  
  HYSTERICAL RAISINS — Authority: 424
  From John Heilemann at New York Magazine : Is McCain attacking Obama and toeing the GOP line out of principle? Or for revenge against the man who beat him? The Senate debate over health-care reform had just begun when John McCain took to the well of the upper chamber and offered his party’s first proposed ...
  4 days ago

• What Were Reading...

  
  Economix — Authority: 726
  Menu mind games and other economic coverage from around the Web.
  5 days ago

• A Taxing Challenge

  
  The Washington Independent — Authority: 740
  Former President George W. Bush (Gamma/Eyedea/ZUMA Press) A decade’s worth of cuts in federal aid combined with states moving to copy Bush administration tax cuts have led to states filling revenue shortfalls with regressive tax policies that disproportionately affect the poorest Americans. According to “Who ...
  5 days ago

• Guns and butter: Can the U.S. have both at the same time?

  
  BloggingStocks — Authority: 676
  Filed under: Economic data , Politics In the 1960s, President Lyndon Johnsons economic/social policy, the Great Society, came up against a counterforce and competing claim few in public policy circles at that time had expected: Lyndon Johnson himself. Johnson, in a decision that would alter U.S. society and ...
  5 days ago

• ‘That Dumb Cowboy Bush’

  
  The Washington Independent Blog — Authority: 154
  Matthew Yglesias, making another version of his argument that the multiple veto points in the legislative branch overly empower the minority and make America “ungovernable,” drew a quip from Glenn “Instapundit” Reynolds : “Funny, that dumb cowboy Bush seemed to get a lot done with fewer votes in ...
  5 days ago

• Boat crew’s shock as shark gnashes oar

  
  Ohaiyo Business Magazine — Authority: 136
  A surf boat has been attacked by a white pointer shark while on a training run at Hawks Nest, north of Newcastle. The boat was about 400 metres off shore when the sweepers oar was ripped from his hands by the shark - thought to be a juvenile. Surf boat sweeper, Greg Ross says the crew got the shock of their lives. ...
  5 days ago

• SWOT: Emerging Markets

  
  GreenLightAdvisor Views — Authority: 142
  Emerging Markets Strengths China’s passenger car sales rose to 1.04 million units in November, a 98 percent surge from a year earlier and a fifth consecutive month with more than 50 percent growth. Thanks to sales tax cuts and 10 billion yuan of government subsidies, total vehicle sales in China reached 12.2 ...
  6 days ago

• Tax Cuts Better for Economy than Stimulus Spending, Economists Say

  
  The Tax Lawyer's Blog — Authority: 435
  For decades fiscal conservatives have been saying that high tax rates cause the economy to contract. When they haven’t been laughed at by the left they’ve been called greedy and heartless. Now it looks like even the left is beginning to think that across-the-board tax cuts are good for the economy and government ...
  6 days ago

• Tax Cuts are More Effective than Government Spending

  
  Incentives Matter — Authority: 128
  According to this NYT article by Mankiw , were the government really serious about using fiscal policy to stimulate the economy, then it would be using tax cuts instead of increased government spending as a tool. Heres the evidence: One piece of evidence comes from Christina D. Romer , the chairwoman of the ...
  6 days ago

• Reminder: The Bush-era tax cuts are set to expire in 2010.

  
  InvestmentWatch — Authority: 542
  President Obama’s senior economic advisor made clear Sunday that any idea of renewing the Bush tax cuts, set to expire in 2010, is a dead issue. Lawrence H. Summers, a former Treasury secretary and head of the White House’s National Economic Council, made clear to “Meet the Press” host David Gregory that ...
  1 week ago

• Gov-Elect John Kasich?

  
  Let Freedom Ring — Authority: 138
  Ted Strickland’s lackluster term as Ohio’s governor appears to be headed for a screeching halt according to Scott Rasmussen’s latest polling : Unemployment in Ohio has jumped to 10.5%, the state is wrestling with an $851 million budget shortfall, and Governor Ted Strickland has proposed delaying a tax cut ...
  1 week ago

• Indian auto sales surge 71.9% while free trade vaults Chile into the first world

  
  Wintery Knight — Authority: 539
  Before, I wrote about India’s election results and the decision of the ruling Congress Party to drastically cut income taxes . And I also wrote about China’s decision to cut taxes on purchases of new automobiles . So did those tax cuts work out for India and China? Story from the Associated Press ...
  1 week ago

• Entrepreneurship, the kind that creates industries and jobs on the scale well need in the next century, is about two things: Ideas that spring randomly from some slightly crazed dreamers head; and worse, they often get filthy rich if the dreams are real

  
  lgstarr — Authority: 139
  "We are going to spend four years treading water. If we tread quickly enough, we may get enough growth to save the Democrats, but not the nation." At the jobs summit, Mr. Obama said "I want to hear from CEOs whats holding back our business investment." Really? How about the worlds highest corporate tax rate? How ...
  1 week ago

• Senator Hatch – If only R’s ran things

  
  Where's the Outrage? — Authority: 135
  I might be wrong but for several years, the Republicans did run things. We got tax cuts for the rich which didn’t pay for themselves and only made the rich, richer. We got 2 wars which were not paid for. We got the weakest economic recovery since the great depression. Yet, Senator Hatch is pining for the good old ...
  1 week ago

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