Tag Archives: tax loopholes

Michigan Democrats unveil plan to finance free college tuition by eliminating corporate income tax credits

This just in from our friends at Think Progress: Michigan Gov. Rick Snyder (R) spent his first year in office trading in the welfare of thousands of vulnerable Michiganders in order to cut taxes for corporations and the wealthy. Hoping to refocus priorities in 2012, the state’s Senate Democrats have released a new plan that […]

Posted in Michigan, Uncategorized | Also tagged , , , , , , , , , , , | 8 Comments

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

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 , , , , , , , , , , , , , , , , , , , , , , , , | 10 Comments

Obama’s deficit reduction plan not as shitty as thinking Americans feared

As promised, Barack Obama unveiled his administration’s new deficit reduction plan this afternoon, in the White House rose garden. [Those who want the facts can find an outline of the plan on the White House website. A PDF of the entire proposal can be found there as well.] From what I can tell, it marks […]

Posted in Economics, Politics, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , , , , , | 30 Comments

Introducing the People’s Budget

As you no doubt know, President Obama and congressional leaders were able to avert a government shutdown by reaching an agreement on the 2011 budget late Friday night. While we don’t yet know all the facts, it looks as though the Republicans were not successful in their attempts to defund public broadcasting, and stop the […]

Posted in Corporate Crime, Economics, Politics | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | 25 Comments

Considering the suggestions of the Commission on Fiscal Responsibility and Reform

Alan Simpson and Erskine Bowles, the co-chairs of the President’s National Commission on Fiscal Responsibility and Reform issued a 50-page draft proposal a few days ago, outlining what they’d recommend that we do to reign in government spending and significantly cut the nation’s deficit. They maintain that their proposal, which cuts military spending, reforms the […]

Posted in Economics, Politics | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 17 Comments

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