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Think again

Tax cuts: The faith and the facts

If there’s one thing that unites conservative politicians, it’s the economic value to all of society of tax cuts that disproportionately benefit the wealthy. While the arguments in favor of tax cuts for the wealthy have been known to change over time, the bottom line never does.... Read more»

Guest opinion

Tax cuts: Size doesn't always matter

Some are lamenting Arizona's recent tax cuts and others are cheering. Both sides, however, are missing a larger point. Much of the discussion has focused on a big number: $2.5 billion. That's the estimated size of these tax cuts over the next eight years.... Read more»

Factcheck

Obama's trillion-dollar exaggeration

President Obama has repeatedly and falsely claimed that “right now, we’re scheduled to spend nearly $1 trillion more” in tax cuts for the “wealthiest 2 percent of Americans.” That’s simply not true.... Read more»

Obama expected to call for $300 billion jobs package

President Barack Obama is expected to unveil a $300 billion plan to boost the economy in his speech Thursday before a joint session of Congress. ... Read more»

Factcheck: Sessions wrong on Bush tax cuts

Sen. Jeff Sessions wrongly claimed that federal revenues "went up every single year" after the Bush tax cuts were "put in." Actually, federal revenues declined for three straight years after the first tax cut was signed in 2001.... Read more»

Smart v. Stupid

The lingering Bush hangover

A new analysis by the Center on Budget and Policy Priorities lays the blame for our current fiscal woes squarely at the feet of the Bush administration. It also offers clear cut solutions.... Read more»2

Brewer touts new $5B Intel plant

Intel Corp.'s decision to invest $5 billion to build chip-manufacturing plant in Chandler is sign that making Arizona more enticing for businesses will pay off, Gov. Jan Brewer said Friday. A spokesman for the chip maker said the timing is coincidental.... Read more»

Analysis

Big Oil's lust for tax loopholes

Oil prices are high and rising at an alarming pace. But even with their cash registers overflowing with dollars from struggling families, Big Oil is mobilizing to defeat President Obama's proposal to invest $4 billion annually in clean energy programs by ending unnecessary tax loopholes... Read more»

Self-made American myth #2: Who makes $250k?

Progressives have suspected for years that Americans vote for the GOP because they have a deeply unrealistic idea about their real chances of becoming wealthy. Working stiffs vote for tax cuts and other goodies for the rich because they seriously believe that they're going to be rich themselves someday.... Read more»

Facts vs. Fiction: Conservative claims about small business taxes are bogus

The Bechtel Corporation. PriceWaterhouseCooper. The Tribune Company. These are not the sort of companies that immediately jump to mind when one hears the phrase “small business.” But if conservatives in Congress have their way, the owners of these behemoths of U.S. business are going to receive a tax cut next year—under the guise of tax relief for small businesses.... Read more»

Opinion

The wealthy don't need bonus tax cuts

Opinion: It’s the big debate in Washington—extend the “tax cuts for the middle class” alone or include the “tax cuts for the wealthy,” too. A choice between “us” or “them and us.” But really, it’s not a question of whether everyone gets their tax cuts extended. It’s a question of whether everyone gets something and the rich get a bonus.... Read more»

Think again

Money talks: Inequality and America’s antiquated politics

It’s ironic—though perhaps that’s too kind a term—to note that at the moment the U.S. poverty rate is reaching a 15-year high the nation is engaged in whether to offer additional tax cuts for those making more than $250,000 per year. (For a single adult in 2009, the poverty line was $10,830 in pretax cash income. For a family of four it was $22,050.)... Read more»

Think again

Forget the question. The answer is 'tax cuts'

Perhaps you’ve noticed that extending the Bush tax cuts is conservatives’ answer to everything. We understand why this is the case. After all, Dick Cheney defended a second set of Bush tax cuts following the midterm election by explaining, “This is our due.”... Read more»