Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Sunday, August 1, 2010

Why the Bush Tax Cuts Should Expire


From the Washington Post -- Emphasis mine


By William G. Gale

Sunday, August 1, 2010


The cuts lowered tax rates across the board on income, dividends and
capital gains; eventually eliminated the estate tax; further lowered
burdens on married couples, parents and the working poor; and increased
tax credits for education and retirement savings. Obama's proposal would
extend most of these reductions, allowing only those for individuals
making more than $200,000 and families making more than $250,000 to
expire....



Drones and Deficit Spending..

Let's see now, what were we saying about increased increased US federal government expenditures and deficit spending under the Obama Administration?



From the BBC Urdu service

Since January 2009 nearly 2,500 people have been killed in Pakistan as a result of US drones and Islamic militant attacks. The graphics above show how Islamic militant strongholds in the border area close to Afghanistan have been targeted by US drone aircraft, while, at the same time, Islamic militants have carried out attacks across Pakistan.
pak attack with labels
Missile attacks by US drones in Pakistan's tribal areas have more than trebled under the Obama administration, research by the BBC Urdu service shows.

Saturday, July 31, 2010

The Deficit-- It's Not Just Republicans....

It is not just cynical Republican and Corporate shills who are (supposedly) fighting increasing the current budget deficit and federal debt.  

Some generally anti Bush and highly respected economists have a problem with our government debt situation as well.  That is what makes the Republican bleating about deficits so dangerous.   "Serious people" are also concerned about deficits.