Regressive Tax Cuts I found some numbers at ArgMax that are taken from a Brookings report on the distribution of savings from the Senate’s version of the tax cut, and figured I’d make a nice picture (click to enlarge): The picture somewhat exaggerates the top-heaviness of the benefits because the bins widen as you move […]
Latest Missive from Nigeria This one contained a small math error (maybe they should join Stephen Moore’s Club for Growth) that presents me with an opportunity to make an extra $3 million: Regarding the allocation of money you describe, which I quote here: (1) 18% for you as the account owner(2) 62% for I and […]
Scary but True Read this post from Rittenhouse. AB
Slow Loading Mine, and many other BlogSpot blogs seem to be loading slowly, if at all. I find that it’s more reliable to load Angry Bear with the “www” typed in than without, though either way should work. For other BlogSpot blogs, if using the “www” doesn’t work, then trying without seems to help–and vice-versa. […]
In Honor of Fleischer’s Retirement A link via Ted Barlow, who has been particularly good since his return, to a set of quotes from Ari Fleischer and former Iraqi Information Minister, Mohammed Saeed al-Sahaf. I challenge you to get more than half right. (Quotes compiled by The Antic Muse). AB
More from Buffet I generally trust people a bit more when they are advocating something that will cost them money, because I can infer that they are making an argument about what they think is right. Most strong advocates of the dividend tax cut are wealthy and stand to disproportionately benefit (here’s a nice example […]
Sid and Hannity I Just heard about ten minutes of Sidney Blumenthal on Sean Hannity’s radio show, and now I have to give credit where it’s due…to Sean Hannity! First, for booking Blumenthal, and second for, in my judgment, giving Blumenthal plenty of time, not interrupting excessively, admitting when Blumenthal had a point, and overall […]
Hey, There are Books and Links to Your Right First anger. Yes, tomorrow is the long anticipated TCW-day; get the inside story from a Clinton Administration insider, Sidney Blumenthal. The story some call “The Story the Press Doesn’t Want You to Know“. Then insight. Read The Gifts of Athena, a book on the history of […]
The Economic News Sucks Today Look for a rate cut if all this stuff keeps happening. Note to Republicans: I mean “look for an interest rate cut”, not another “tax rate cut”. This on top of already bad news on jobs and bankruptcies. AB
Bill Gates: Evil Businessman or Philanthropist Extraordinaire? Mac Diva has an ongoing dialog on this topic with one of her frequent readers, Jim, as well as some other bloggers. First, a little side note about the blogsphere: I believe techies are distinctly more libertarian than the general public and also distinctly more anti-Microsoft (this observation […]