The Tax-cut Deal Is A Good Outcome

    My observations on the tax-cut deal: I don’t have a problem with extending the UI benefits. As I’ve said elsewhere, I think there are a few million people out there, mostly middle-aged, who will never see another job at their old rate of pay, and this is because the economy is changing, not because of recession. We’re going to eventually end up with permanent income | Read More »

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    The Tax-cut Deal Is A Good Outcome

    My observations on the tax-cut deal: I don’t have a problem with extending the UI benefits. As I’ve said elsewhere, I think there are a few million people out there, mostly middle-aged, who will never see another job at their old rate of pay, and this is because the economy is changing, not because of recession. We’re going to eventually end up with permanent income | Read More »

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    Democrats Trying to Have it Both Ways In Tax Cut Debate

    The golden rule of politics: Never let your opponent frame the debate. Not quite, do unto others as you would have them do unto you, but work with me here, this is Washington. The biggest battle for position is currently over the Bush tax cuts. Democrats are attempting to frame the debate so that Republicans are up to their old tricks, helping the rich at | Read More »

    The Obama Tax Cut

    There is talk that Obama and the Democrats may be considering an “October surprise,” concerning the continuation of the Bush tax cuts.  This raises a few issues, to put it gently. First, these are the Bush tax cuts.  They have been described as such for too many years for the appellation to be easily changed, and whenever a Democrat used the term it was always | Read More »

    Obama/Biden

    a href=”http://countryfirst.bravehost.com/images/anibadmen.gif”>Obama/Biden

    The Folly of Obama’s Tax Plan

    Senator Obama’s proposed ‘tax cuts for the middle class’ are actually marginal rate hikes in disguise. http://www.american.com/archive/2008/august-08-08/the-folly-of-obama2019s-tax-plan/Senator Barack Obama declared recently that he wants to “reform our tax code so that it rewards work and not just wealth.” We think that is a great goal if it means a simple tax system with low marginal tax rates. Unfortunately, a close inspection of Obama’s proposals reveals | Read More »