The hypocrisy of most deficit discussions
…a bit of background on tax cut rationales and deficits. Back in the old days of the Bush regime, the tax cutters tended to claim that tax cuts would create…
…a bit of background on tax cut rationales and deficits. Back in the old days of the Bush regime, the tax cutters tended to claim that tax cuts would create…
…the so-called “fiscal cliff”–tax cuts and spending cuts. 1. The Bush tax cuts, job creators, and uncertainty The right has, not unexpectedly, argued that not extending all of the tax…
…his mystical magic with the 2017 tax break. Layer of layer tax breaks. So which is it? Cut programs or increase taxes? Cut programs or increase taxes? I pick the…
…most observers. The Washington Post has details of this latest round of tax cuts deferrals: GOP Reaches Deal on Tax Cuts [Deferrals] House and Senate Republican negotiators reached a final…
…are arguing for a temporary extension of Bush tax cuts for the rich. My proposal dominates Conrads both as effective stimulus and as popular politics. Update: However, it is not…
…issue. Historically, during and following tax hikes tax collections /GDP rise. During and following tax cuts, tax collections fall. (How a fact so basic that even a child could observe…
…mortgage tax deduction, or tax-deferred 401k accounts, most of the added tax revenues will come out of the pockets of the middle class. So when Republicans talk about ‘broadening the…
…right doesn’t want to afford these programs. Now that it has managed to ‘starve the beast’ through the Bush tax cuts, the repetitive stalling on increasing the debt ceiling, and…
…so we should be talking about tax shifts and not tax cuts for everyone. Maybe Luskin does not understand that permanent tax cuts require reducing the size of the government,…
…go. Taxes Revenues as a percent of GDP. This means there’s no need to correct for inflation, with the inherent uncertainties of that correction. Short story, everybody cuts taxes except…