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Tax cuts and deficit commissions

by Linda Beale Tax cuts and deficit commissions crossposted with Ataxingmatter The game continues, as Republicans hold out for tax cuts for the wealthy (who are garnering increasing amounts of…

FEDERAL DEFICIT

In Linda’s post on the budget deficit in the comments it was claimed that the budget deficit was Obama’s fault and a chart was cited that showed the deficit in…

‘Deficit Debate Driven by the Wealthy’

…of this game…it is hard enough to debate real budget issues without this party going on: Deficit debate driven by the wealthy, by Michael Hiltzik, Commentary, LA Times: …The fiscal…

HOW TO PAY FOR SOCIAL SECURITY

…Social Security “deficit” to the taxable payroll. But this time we are going to look at what happens after 2035: year……….payroll,,,,,,,deficit……….percent 2035……….17746………622……………3.51 2040……….22198………758…………….3.41 2045……….27713………892…………….3.22 2050……….34504………1073……………3.11 2055……….42876………1344……………3.13 2060……….53269………1726……………3.24 2065……….66177………2225……………3.36 2070……….82183………2909……………3.54 2075………102035………3822……………3.75…