Tax Cuts

    Of Tax Cuts Whose Collective Bark Is Worth Than Its Collective Bite

    By: Pejman Yousefzadeh (Diary)  |  February 15th at 03:50 AM  | 

    Compare and contrast. From the AP: Democrats said the [stimulus] bill’s tax cuts would help 95 percent of all Americans, much of the relief in the form of a break of $400 for individuals and $800 for couples. At the insistence of the White House, people who do not earn enough money to owe income taxes are eligible, an attempt to offset the payroll taxes | Read More »

    The Right Kind Of Fiscal Stimulus

    By: Pejman Yousefzadeh (Diary)  |  January 22nd at 02:24 AM  | 

    Courtesy of Will Wilkinson, who ought to be listened to in full by Republicans in Congress since there is little to no chance whatsoever that he will be listened to by the Obama Administration or by Democrats. The fact that infrastructure repairs are not shovel-ready, as Wilkinson points out, and the fact that any kind of massive public works program will indeed be subject to | Read More »

    Barack Obama v. His Economic Advisers

    By: Pejman Yousefzadeh (Diary)  |  January 12th at 01:27 AM  | 

    It bears remembering that prior to hitching their stars to the Obama wagon, the economic advisers the President-elect chose took direct issue with many of the items in the expected stimulus package the incoming Administration is going to try to pass through Congress: For example, giving more federal aid to states, one of Obama’s proposals, falls in the “medium” range of cost-effectiveness and carries much | Read More »