Relevant and even prescient commentary on news, politics and the economy.

Jeb Bush Declares His Support For Raising the Capital Gains Tax, Ending the ‘Carried Interest’ Tax Break, and Taxing Most Inherited Wealth. Seriously.

To be sure, after distancing himself from Romney’s formulation, Bush launched into a speech that was loaded up with the usual anti-government boilerplate. Bush did say that “only a small portion” of Americans are “riding the economy’s up escalator,” in keeping with his apparent goal — which is shared by other GOP presidential candidates — […]

Hillary Clinton Finally Announces Her Campaign Message: She’ll Run as Sarah Palin.

After Republican 2016 hopefuls spent a day struggling to finesse the vaccination debate, the 67-year-old Clinton weighed in roughly an hour before midnight: “The science is clear,” she tweeted late Monday. “The earth is round, the sky is blue, and #vaccineswork. Let’s protect all our kids. #GrandmothersKnowBest.” — Hillary Clinton, grandma-in-chief, Gabriel Debenedetti, Politico, yesterday […]

Analytical Perspectives on the Budget: FY 2016

FISCAL YEAR 2016 ANALYTICAL PERSPECTIVES OF THE U.S. GOVERNMENT (406pp PDF) For those not familiar with it the Analytical Perspectives is a companion to the President’s Annual Budget and is a massive compilation of Tables and Figures and explanatory material on all aspects of the economy and of government operations as they pertain to the […]

Ryan’s Hope and Change

Jonathan (FBD) Weisman hands the mike to Paul Ryan who denounces Obama’s trickledown envy economics Mr Ryan [skip] also opposed “envy economics,” a hit on Mr. Obama’s proposals to curb tax breaks on huge individual retirement accounts, to raise the capital gains tax and to tax inheritances based on the value of assets when they […]