by run75411Op ed. G.O.P. Anger Over Tax Deal Endangers Final Passage NYT is reporting Eric Cantor and many other House Republicans will not vote for the Senate (89-8) passed Hr8 bill American Taxpayer Relief Act of 2012. Again another line is drawn in the sand for the President and whether he will use the political advantage the […]
Bruce Webb brings an interesting perspective to the current situation as pundits and politicians figure out ‘what is acceptable’ and what ‘they can live with’ her at AB and at his new website Social Security Defender: (see link below): Scheduled vs Payable Benefits: three definitions of Solvency As usual click to embiggen. When it comes […]
by run75411 Who foots the “grand deal (no capitalization on purpose)” costs. Everything You Need to Know about the Fiscal Cliff Deal “Wonkblog” Zachary Goldfarb This was the model to describe what would happen if the Grand Deal increase in taxes fell upon those Household Taxpayers making greater than $200,000 (individual) and $250,000 (family) (Tax […]
I wanted to say “Thank You” to all of Angry Bear readers, contributors, and commentors, who make Angry Bear such a deeply rewarding endeavor for me. It is a labor of love for all involved. Here is wishing everyone a healthy, happy and rewarding 2013!
Dr. Black hits the latest good news from Capitol Hill: The House has signaled that it isn’t going to play ball today And I am no longer the only economist noting that the House–not for the first time–is forcing the Administration to do what it should have been ready to do all along. In fact, […]
Salon writer Natasha Lennard reports that a sticking point around Social Security stalled ‘fiscal cliff’ back and forth rejoinders between the two parties, but also points out that the topic continues to be on the table (and has been offered by President Obama before these talks a couple years ago). Notice both parties using the […]
The problem with waiting overnight to post is that other people figure out the same thing: If the true CPI-E increases faster than CPI, then chained-CPI is worse, not better. It’s actually worse than that. The measure by which Social Security is raised turns out not to be what we usually call CPI (Consumer Price […]
by Tom aka Rusty Rustbelt Health Care Thoughts: While We Were Busy with the Election As we were busy watching the election the Obama administration agreed in late October to settle a class-action lawsuit with disability advocates on Medicare services for the disabled and those with chronic conditions. Medicare has historically required for certain coverage […]
If you are as cynical as I am, I know you are not surprised that Facebook paid Irish taxes (via Tax Justice Network) of about $4.64 million on its entire non-US profits of $1.344 billion for 2011.* This 0.3% tax rate is a bit below the normal, already low, Irish corporate income tax of 12.5%. […]
When I forwarded this link to Beverly Mann I was interested in following the current thread on civil rights, the legalities of state use of torture, the continuation in the NDAA exclusion of the prohibition of the use of indefinite detention for domestic ‘terrorism’, etc. This note is more a lesson for reading newsy items. […]