Even The Right-Wing Business Press Admits: Big Tax Give Away Won’t Create Jobs

In General Interest by Jonathan Tasini0 Comments

It’s no surprise to people in the reality-based world–you know, the people who look at facts–that most corporate tax cuts are not going to create jobs. All that bleating from the bi-partisan chorus that fawns over the “job creators” (read; overpaid corporate executives) and never met a corporate tax break it didn’t like (especially tax breaks that oil up those campaign contributions…looking at you, Steny Hoyer) ignores the reality that the promised jobs, in return for tax cuts, just don’t materialize–not to mention jobs that pay a decent wage.

The President’s Tax Gift To Corporations Is Just Class Warfare Redux

In General Interest by Jonathan Tasini0 Comments

With one hand, he giveth a few dollars to the people, and with the other hand, he showers huge corporations with a tax gift that is astounding in its…audacity? That’s how I suggest you can look at the president’s executive order to pay more workers overtime (a good thing) versus his budget proposal to…pay attention now..CUT corporate tax rates.

Tax Cut Hocus Pocus

In General Interest by Jonathan Tasini1 Comment

So, as we gather steam towards Tax Day, let’s keep up this drumbeat: tax cuts don’t help the economy. Or, at least, there isn’t the evidence to prove they do. So, says the Congressional Research Service.

The Poodle Strikes Again

In General Interest by Jonathan Tasini0 Comments

I’ve never been a fan of the New York governor. I guess it was subtle when I coined him “the poodle for the rich”. And so, no surprise, he’s giving out goodies again.

Look Who Rose From Irrelevance?

In General Interest by Jonathan Tasini0 Comments

One of the enduring feats that always amazes me is the way in which liars, fools and manipulators, who are proven to be such, still manage to occupy some space in the public debate and rise from the dead. You remember Arthur Laffer, the man who peddled the phony and discredited “Laffer curve” arguing for lower taxes? Well, he’s baaccck…with another pile of manure to sell.

Tax Noise

In General Interest by Jonathan Tasini0 Comments

Right after the now-infamous debate (or, exchange of sounds bites), I wrote a bit about the fallacy of the exchange on taxes. Just a quick clean up here to underscore an important point — both candidates support, in one form or another, extending some or all of the Bush tax cuts. And that is sheer lunacy.

Tax Cuts Don’t Boost Growth

In General Interest by Jonathan Tasini

You’ve heard repeated as if it’s gospel: tax cuts boost economic growth. Except there has never been any evidence to back up what has to be seen as middle-ages alchemy divorced from reality. And here are some facts to prove it.

There Is NO Debt-Deficit Crisis

In General Interest by Jonathan Tasini0 Comments

   We keep repeating the same mistake–no matter how many times good progressive leaders, writers, thinkers and activists use the word "framing". And we are at it again–offering "better proposals" …

The Commission That Should go Away

In General Interest by Jonathan Tasini0 Comments

    Frankly, this is good news: WASHINGTON—The bipartisan commission examining how to cut the federal debt ended three days of closed-door meetings Thursday without a firm agreement among its 18 …

What Planet Do They Live On?

In General Interest by Jonathan Tasini0 Comments

   This guy–Allan H. Meltzer, a political economist at Carnegie Mellon University–is seriously delusional: Mr. Meltzer says the risk lies not in pulling back too soon but dithering too long. …

Down Goes Income–Again

In General Interest by Jonathan Tasini0 Comments

    So, if you’re wondering why some pundits and analysts are starting to worry that consumers may be thinking about pulling back from opening up their wallets, you can take …