Category Archives: Taxes

Working Exactly as Planned

National Review’s Veronique de Rugy is simply outraged that the IRS can’t seem to provide the same level of customer service that it once did: The IRS’s mission statement claims that it aims to “provide America’s taxpayers top quality service … Continue reading

Posted in Politics, Taxes | 7 Comments

The scandal within the “scandal”

Jeffrey Toobin thinks the real IRS scandal is the way organizations have exploited 501(c)(4) of the tax code: Particularly leading up to the 2012 elections, many conservative organizations, nominally 501(c)(4)s, were all but explicitly political in their work. For example, … Continue reading

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Will Colbert Parody Colbert?

Elizabeth Colbert Busch, sister of Stephen Colbert, and Democratic nominee for South Carolina’s First Congressional District, sounds pretty much like a typical politician. Which means she’s happy taking five irreconcilable positions on the same issue.  Here she is criticizing Obama’s … Continue reading

Posted in Politics, Taxes | 6 Comments

The Big Picture

Freddie at l’Hote reads that the payroll tax cut is over, and the extra $60 per month is hitting some people hard. He offers a few charts on income gains over the past two decades, and concludes: Absolutely nothing can … Continue reading

Posted in Economics, Politics, Taxes | 10 Comments

Pres. Obama’s Mainstream Conservative Presidency

Libertarian-leaning Leon Hadar explains how the president is an old guard Republican: With the selection of Republican Hagel, an intellectual heir to the Baker-Scrowcroft Realpolitik tradition, Obama has taken a major step toward transforming his presidency into a replica of … Continue reading

Posted in Economics, Foreign Policy, Health Care, News and Current Events, Politics, Taxes | 1 Comment

A Sea Of Relevance

The other day, I pointed out that we spend more money on PR than on reporting in this country, so facts can be publicly available but drowned out in our discourse. The example I chose, of AIG contemplating a lawsuit … Continue reading

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Unshakable Eternal Principles, Created Daily

Pro Growth Liberal flags Mitch McConnell declaring tax levels to be set in stone, and quotes Andrew Samwick: In over eight years of blogging, you won’t find a single word of praise for the Bush-Obama tax cuts. As a matter of … Continue reading

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Village Idiot

David Gergen, representing all that’s wrong with our centrist media, had this take on negotiations over the “fiscal cliff”:  In a breakthrough, House Speaker John Boehner quickly lined up behind the idea of the wealthy paying more. He still disagrees with the … Continue reading

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Society Is Tyranny

So Warren Buffett is advocating a return to surplus-era rates. The usual suspects are in high dudgeon– “taxation is tyranny! Why doesn’t he donate more if he loves taxes so much?” This is deeply silly, of course. When we talk … Continue reading

Posted in Economics, History, Politics, Taxes | 15 Comments

Dusting The Pledge

The Washington Post wonders if Grover Norquist’s magic is gone: Norquist, a zealous, self-promoting Washington icon who ­presides over a weekly meeting of top conservative players, has quietly amassed an extraordinary amount of power in the Republican Party without ever … Continue reading

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1996 Romney v. 2012 Romney

I was playing with google’s newspaper article archive today, and decided to check out older coverage of Mitt Romney. This 1996 article from the Boston Globe jumped out: Plunging into the heated debate over taxes among Republican presidential contenders, former … Continue reading

Posted in 2012, News and Current Events, Politics, Taxes | Tagged , , | 2 Comments

It takes money to make money

For those of you who wonder why a guy like Sheldon Adelson would spend as much as $100 million on the 2012 election, the Center for American Progress has run the numbers, and the math is pretty clear: The magnitude … Continue reading

Posted in 2012, Taxes | 14 Comments

Evade the Press

Mitt Romney followed rule #1 for surviving a visit to Meet the Press:  Don’t answer the question and count on David Gregory not to ask a follow-up question.  Gregory, in this instance at least, pushed back enough to expose the … Continue reading

Posted in 2012, Taxes | 3 Comments

The “Take My Word for It” Campaign Continues

Just like with his own taxes, Romney knows all the details about how he’d reform the federal tax code, he’s just not sharing them with anyone before the election: STENGEL: Could you be more specific about those deductions and which … Continue reading

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Annie Hall 2 – The Ridiculousening

Piggybacking on RE’s post about Jared Diamond, it seems that even Romney’s advisors are having trouble understanding their sources. Romney’s campaign put out a paper by four Romney-loving economists to justify Romney’s attacks on Obama’s handling of the economy and … Continue reading

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Tax Reality

No matter what happens in November, and no matter what Republicans say, tax rates are going to go up next year. The only question is who is going to be paying more. Under the Obama/Democratic plan, tax rates for those … Continue reading

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Today in Fox Propaganda

Fox got its marching orders for the week from the Romney campaign, and here’s their Monday banner headline:  Let’s remember a few facts.  The Republicans, having let Bush rack up 8 years of deficits, suddenly discovered “fiscal responsibility” after President … Continue reading

Posted in Economics, News and Current Events, Taxes | 7 Comments

Tax Truisms

It’s a common lament among Republicans that once you grow the federal government, it becomes exceedingly difficult to shrink it back down.  I don’t know that that’s actually the case, but I think this is undeniably true: once you lower … Continue reading

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