The Poison Pill of Tax Cuts

The Poison Pill of Tax Cuts

A quiz: Which candidates and presidents said the following? (Answers below.) “To repair the nation’s tax code, marginal rates must be brought down to stimulate entrepreneurship, job creation, and investment.” “We must follow through on the...
European Victory on Taxing Speculation

European Victory on Taxing Speculation

Cross-Posted with the Huffington Post European campaigners for a financial transaction tax have done some awfully goofy things over the past three years. At one French demonstration, they stripped down to their skivvies to emphasize the small size of the tax (0.1% on...
The Koch Brothers’ Moonshine

The Koch Brothers’ Moonshine

What do you call a mix of “black liquor,” biofuels, diesel, and a generous splash of tax subsidies? If you have Sen. Mike Crapo of Idaho shake this cocktail vigorously and serve it in a golden goblet provided by corporate lobbyists, I’ve got the...
How to Safely Scale Down the Fiscal Cliff

How to Safely Scale Down the Fiscal Cliff

Pundits pounced earlier this year when Federal Reserve Chairman Ben Bernanke warned that the country will face a “massive fiscal cliff” at the beginning of 2013. It seemed we had to extend the Bush tax cuts — or else. Lost in these arguments is what...