As much as conservatives want to pretend otherwise, you can’t have strong, healthy, prospering businesses without a big, strong government. The kinds of businesses that don’t want a big, strong government are exactly the kinds of businesses that We, the People don’t want.
Government Provides The Soil For Businesses To Thrive
Government creates the “public [...]
Much has been made about income taxes and income tax cuts – not just by Republicans, who base their entire economic plan on less taxes (which of course will usually vastly benefit their base by every conceivable metric), but also by Democrats lately as a way to provide stimulus or help in a time of [...]
Mitt Romney’s ultra-low tax rate on his ultra-high income is reviving questions about the breaks and perks that the wealthiest of the 1% receive from the rest of us. One of these is a special low tax rate for investments — as if anyone needed special tax incentives to induce them to make a bundle.
Why are “capital gains” taxes so much lower than taxes on other income? The reason capital gains taxes are lower is because most of the income of the rich is from capital gains. And the reason most of the income of the rich is from capital gains is because capital gains taxes are lower.
Just ten years ago this country was running huge surpluses and paying off its debt. But then we elected Obama and all hell broke loose. Oh, wait…
Between the time ten years ago when we had big surpluses and were paying off the debt and now when we are told the [...]
When you sell the farm, the farm’s gone.
Is it already too late for America? I’m starting to think that the anti-tax, anti-government conservative movement that started in the mid-70s, elected Reagan and led [...]
Step back from the day-to-day, hour-to-hour details of the debt-ceiling negotiations for a minute and look at the bigger picture. Look what we’re in the middle of. Our legislators are being stampeded by a manufactured “crisis” into profoundly changing the nature of our country and who our economy is “for,” on extremely short [...]
The House is voting on a “clean” debt ceiling bill today — a bill to raise the debt ceiling without any “hostage-taking” conditions. This is the right thing to do for the country and every Democrat should vote for this. Voting for a clean bill will draw the contrast for the public between those who [...]
You hear it again and again, variation after variation on a core message: if you tax rich people it kills jobs. You hear about “job-killing tax hikes,” or that “taxing the rich hurts jobs,” “taxes kill jobs,” “taxes take money out of the economy, “if you tax the rich they won’t be able to provide [...]
As I’ve noted before, when compared to other wealthy countries, the U.S. has an extremely “limited” government and one of the lowest tax burdens.
Paul Krugman’s doing a yeoman’s job trying to insert some economic reality into our discourse, and today he offers this corrective to the popular myth that we’re “taxed to [...]
A “report” from Republican staff of the Joint Economic Committee says that the path to job creation is cutting … the very things that create jobs. This is like saying that cutting taxes increases revenue. We know how that worked out, and the job-consequences of budget cuts are going to be just as [...]
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