Romney on Taxes: Deny, Distract, Dissemble
August 02, 2012
Twenty-four hours later, the conservative reaction to a devastating report about Mitt Romney’s tax plan is proving almost as interesting as the report itself. The report, published by the Brookings-Urban Tax Policy Center, demonstrated that Romney’s plan, if implemented, would reduce taxes for the wealthiest 5 percent of Americans but increase taxes for everybody else.
Attention middle-class Americans: One of the men running for president wants to raise your taxes. And it's not the guy who has the job already. For some time, Mitt Romney has been promising to reduce income tax rates and then pay for these cuts by closing loopholes. But he's never specified which loopholes he'd close and now we know why.
August 01, 2011
-- What's the deal with Norwegian sentencing? -- How the Super Committee can raise taxes. -- Why left-of-center parties all over the world are having problems. -- Matthew Yglesias's five books that influenced him. -- You won't like William Gale when he's angry.
The U.S. Is Not Too Big To Fail
June 09, 2010
As several recent surveys make clear, concern about deficits and debt is rising sharply. An NBC/Wall Street Journal survey conducted in early May showed that the share of individuals rating “the deficit and government spending” as the top priority for the federal government to address has jumped since January from 13 to 20 percent—second only to job creation and economic growth. According to Gallup, “federal government debt” now ties with terrorism for the top spot in perceived threats to our future well-being.
The Good, Bad, And Ugly Of Brooks’s 'moderate Manifesto'
March 04, 2009
David Brooks's "Moderate Manifesto" has attracted much attention, and deservedly so. It is a cri de coeur from a respected commentator who cannot stomach what conservatism has become, but who also cannot embrace what he calls the "transformational liberalism" of the Obama administration. Brooks' critique is fiscal, ideological, and moral--so let's cover the fiscal aspects first.