Tag Archives: capital gains

Romney’s proposed tax cuts don’t add up… but, if you say that, you’re probably just a liar

By Mark | September 16, 2012

Mitt Romney, knowing full well that the President is going to challenge him on his “facts” in their first face-to-face debate, which is scheduled to take place in three weeks, is going on the offensive, attempting to claim the mantle of truth-teller. In an interview a few days ago with George Stephanopoulos, Romney said that […]

Posted in Economics, Politics, Uncategorized | Also tagged Albert R. Hunt, charitable contributions, estate tax, George Stephanopoulos, gotcha journalism, income tax, liars, lying, Martin Feldstein, Michael Graetz, mortgage deduction, Obama, Romney, tax cuts, tax loopholes, Tax Policy Center, taxes, the sad state of journalism | 15 Comments

“The Super Committee failed: We have a solution…”

By Mark | December 7, 2011

Yesterday, a group of people associated with the Occupy group in Washington, D.C. took out a full page ad in the San Francisco Chronicle, declaring that, as the Deficit Reduction Super Committee had failed, they had some ideas to offer as to how we might create jobs, reduce the wealth divide and control spending. Their […]

Posted in Economics, Politics, Uncategorized | Also tagged 99%, Bush tax cuts, deficit reduction, Deficit Reduction Super Committee, drill baby drill, foreclosure, infrastructure, job creation, Medicare, Medicare for all, military spending, Occupy, Occupy D.C., social security, solutions, Speculation Tax, Stop Tax Haven Abuse Act, subprime mortgage crisis, tax havens, tax loopholes, tax reform, tax the rich, wealth inequality, Works Progress Administration, writing down all underwater mortgages to market value | 10 Comments

Regardless of what you’re being told, the deficit is due to Bush’s tax cuts, not Obama’s stimulus spending

By Mark | July 28, 2011

Ann Arbor-born economist and historian Bruce Bartlett, who served as domestic policy advisor to Ronald Reagan, and in the Treasury under George H.W. Bush, joined Chris Mathews on MSNBC’s Hardball yesterday, talking about the true origins of our nation’s current deficit. It should be required viewing for all Americans… Here’s the video, followed by an […]

Posted in Economics, Politics | Also tagged Afghanistan, Bruce Bartlett, budget deficit, Bush tax cuts, Chris Mathews, deficit, Hardball, Iraq war, MSNBC, Obama is a Socialist, prescription drug bill, supply side, tax the rich, taxes | 21 Comments

The takeover of America by the super-wealthy

By Mark | June 18, 2011

This brilliant explanation by former Labor Secretary Robert Reich, as to what’s really been going on in America, economically speaking, has been going around the internet for the past few days. I suspect that most of you have already seen it, but I thought that I should put it up here on the front page, […]

Posted in Economics, Politics | Also tagged American aristocracy, class size, class warfare, infrastructure, MoveOn, national debt, patriotism, progressive taxation, Robert Reich, tax the rich, taxes, the growing gap between rich and poor, The Truth About the Economy, threats to the middle class, treason | 19 Comments

Closing tax loopholes for billionaires

By Mark | May 26, 2010

I don’t have the time or desire to put together a long post tonight on how our American tax code is unnecessarily complicated, and favors the super-rich. To do it well would be a daunting task, and I’m not up for it at the moment. What I am up for, however, is passing along this […]