Call me stupid but when I step on a 757 I want to know that the pilot is smarter than me, at least about flying an airliner. If I need to have surgery I kind of want to know that the surgeon knows more about the procedure than do I. If I have to choose … More Call me stupid but I want someone smarter than me.
The tax extension compromise of 2010 will add 900 billion dollars to the national debt with the goal of accelerating the economic recovery. To agree to the compromise the Republicans held firm to extending the tax cuts to income in excess of $250,000. This action by itself will add $120 billion* to the national debt … More $120 Billion is a lot of pork
I’ve long believed there was a fundamental misunderstanding of how our tax system works that has lead to groundless support for extending the Bush tax cuts to incomes over $250,000. I partially addressed the topic in a previous posting, The arithmetic of taxing the “rich”. What I did not address was how the message was being … More Bipartisan support for tax cuts for everyone.
A premise of accountability is that people should believe what they are saying is true. Speaking in a recent Today Show interview, Representative Michele Bachmann argued that extending the Bush tax cuts for incomes over $250,000 was good for the working class. As her example she said that a plumber or a carpet layer with … More Accountability
Its a classic example of effectively controlling a message. The proponents of extending the Bush tax cuts appear to have won the battle for defining the message that resonates with a large segment of the voters, “You don’t need a tax increase”. The fact that the sound bite message is based on a false premise … More The arithmetic of taxing the “rich”