December 2010
13 posts
It's funny how none of the staff could make it...
I’m thirsty
Top 5 Problems with the Tax Deal
Problem #1: The deal is a stealth attack on Social Security.
The deal will lower the payroll tax—the tax that funds the Social Security trust. This is a trap for Democrats. Republicans have been coming after Social Security for years and this cut is the biggest threat to the vital program in decades. It will cut one-third of Social Security’s funding this year alone and when we need to...
Bush Tax Cuts
We hear a lot of talk about the “Bush Tax Cuts.” According to Newsweek, George W. Bush “earns” $4.2 million from paid speeches, public appearances and miscellaneous punditry each year.
Hence the Bush Tax Cuts cut Bush’s own taxes by an amazing $187,552 each year. And that’s not even counting how much the Bush tax cuts engorge Bush’s investment income.
So Bush cut his own taxes. No wonder Bush is...