• Tips gratefully accepted here. Thanks!:

  • Recent Comments

    William on Well, Republicans, was it wort…
    William on This happened in Pittsburgh on…
    Sweet Sue on Well, Republicans, was it wort…
    Ivory Bill Woodpecke… on Some observations.
    Jim on Some observations.
    Ivory Bill Woodpecke… on Some observations.
    William on Some observations.
    Ivory Bill Woodpecke… on Well, Republicans, was it wort…
    William on Well, Republicans, was it wort…
    riverdaughter on Well, Republicans, was it wort…
    Alessandro Machi on Well, Republicans, was it wort…
    Jim on Well, Republicans, was it wort…
    Ivory Bill Woodpecke… on Is Donald’s “Justice” dept beh…
    Ivory Bill Woodpecke… on Is Donald’s “Justice” dept beh…
    William on Is Donald’s “Justice” dept beh…
  • Categories


  • Tags

    abortion Add new tag Afghanistan Al Franken Anglachel Atrios bankers Barack Obama Bernie Sanders big pharma Bill Clinton cocktails Conflucians Say Dailykos Democratic Party Democrats Digby DNC Donald Trump Donna Brazile Economy Elizabeth Warren feminism Florida Fox News General Glenn Beck Glenn Greenwald Goldman Sachs health care Health Care Reform Hillary Clinton Howard Dean John Edwards John McCain Jon Corzine Karl Rove Matt Taibbi Media medicare Michelle Obama Michigan misogyny Mitt Romney Morning Edition Morning News Links Nancy Pelosi New Jersey news NO WE WON'T Obama Obamacare OccupyWallStreet occupy wall street Open thread Paul Krugman Politics Presidential Election 2008 PUMA racism Republicans research Sarah Palin sexism Single Payer snark Social Security Supreme Court Terry Gross Texas Tim Geithner unemployment Wall Street WikiLeaks women
  • Archives

  • History

    June 2020
    S M T W T F S
     123456
    78910111213
    14151617181920
    21222324252627
    282930  
  • RSS Paul Krugman: Conscience of a Liberal

  • The Confluence

    The Confluence

  • RSS Suburban Guerrilla

    • This must be the place (naive melody)
      I’m just an animal looking for a home andShare the same space for a minute or twoAnd you love me til my heart stopsLove me til I’m dead. David Byrne:
  • RSS Ian Welsh

    • Week-end Wrap – Political Economy – May 31, 2020
      Week-end Wrap – Political Economy – May 31, 2020 by Tony Wikrent Black Injustice Tipping Point Donald Trump puts Army on four hour notice to deploy to US streets for first time since LA riots in 1992 as Minneapolis erupts for fourth night and George Floyd violence sweeps the country [Daily Mail, via Naked Capitalism […]
  • Top Posts

It’s catfood for you!

Giving us the first clear idea of their plans for managing the federal budget, the deficit fiscal commission’s Catfood Commission co-chairs, Erskine Bowles and former-Sen. Alan Simpson released a teaser report today with hints of the proposals they want accepted:

Panel Weighs Deep Cuts in Tax Breaks and Spending

The proposed simplification of the tax code would repeal or modify a number of popular tax breaks — including the deductibility of mortgage interest payments — so that income tax rates could be reduced across the board. Under the plan, individual income tax rates would decline to as low as 8 percent on the lowest income bracket (now 10 percent) and to 23 percent on the highest bracket (now 35 percent). The corporate tax rate, now 35 percent, would also be reduced, to as low as 26 percent.

As Susie Madrak says, “In other words, tax cuts for 2%, austerity for everyone else!Continue reading