To prove this is a meme of the Republican Party just take a look at this blog post by Robert Stacy McCain (wingnut extraordinaire!): Let me explain something to you, David Axelrod: Obama and the Democrats didn’t “cut taxes” in a way that will stimulate economic growth. They didn’t reduce or eliminate the capital gains […]
Glenn Greenwald highlights this little part of Schumer’s speech last night during the confirmation of Mukasey: [The most amazing quote was from chief Mukasey supporter Chuck Schumer, who, before voting for him, said that Mukasey is “wrong on torture — dead wrong.” Marvel at that phrase: “wrong on torture.” Six years ago, there wasn’t even […]
This is the framing for an interesting battle Key White House tax proposals would cost the U.S. government tens of billions of dollars in lost revenue, the Treasury Department said on Monday, although the administration says they will help boost revenues in the long run. Making permanent expiring tax breaks for dividends and capital gains, […]