Tax Day 2012 has been a busy one for the propagandists of the Republican Party. After the GOP successfully filibustered the Buffett Rule in the Senate, House Speaker John Boehner claimed that Republicans are "listening to the American people." Of course, what Boehner, Mitch McConnell, Mitt Romney and their allies don't mention is that the […]

Looking back this week at his budget-busting windfall for the wealthy, George W. Bush lamented, "I wish they weren't called the Bush tax cuts." With good reason. After all, the first modern president to cut taxes during war-time, Bush's gravy train for the gilded-class helped double the national debt and produce record income inequality even […]

Now for a thought experiment. Suppose that I told you I had a plan which over the next decade would slash $6 trillion from the national debt of the United States. Imagine further that I promised I would achieve those savings just by closing some tax loopholes and deductions, so-called tax expenditures that all told […]

With its general election opponent now certain, the Obama campaign this week has been highlighting the Buffett Rule, the Democratic proposal for those earning over a million dollars a year to pay a minimum 30 percent tax. And with good reason. After all, having paid only 13.9 percent to Uncle Sam on $45 million in […]

Wisconsin Representative Paul Ryan has become the perfect Republican Easter story. Each spring, Ryan reemerges with a new version of his draconian "Roadmap for America's Future." Despite being crucified each time by most Democrats, much of the press and even some members of his own party, Ryan nevertheless rises again, earning more followers (like Mitt […]

If the new House GOP budget unveiled Tuesday by Paul Ryan sounds familiar, it should. And not just because Ryan's "Path to Prosperity" is essentially the same scheme he's been pushing for two years. As it turns out, Mitt Romney is offering the same disastrous recipe for America's future. Both Ryan and Romney would deliver […]

Two weeks ago, Mitt Romney unveiled what he has repeatedly deemed a "bold" plan to deliver a 20 percent across the board tax cut. As it turns out, the plan isn't so bold after all. For starters, it's largely a retread of the 15 percent tax cut scheme Bob Dole rode to defeat in 1996. […]

You can fool some of the people all the time, and that's our target market. On no issue has that time-tested Republican strategy been more consistently applied than the impact of tax cuts on the national debt. But even after oceans of red ink washed away George W. Bush's bogus contention that "You cut taxes, […]

Everything you need to know about the economic plans of the Republican White House hopefuls is conveniently contained in two headlines. In October, the McClatchy Newspapers revealed, "GOP presidential candidates' tax plans would benefit the rich." Last week, the Washington Post bookended that analysis with another finding, "Debt will swell under top GOP hopefuls' tax […]

Last year, GOP frontrunner Mitt Romney unveiled a plan to extend the Bush tax cuts, eliminate the estate tax and slash corporate taxes. But that proposal, one which would deliver 60 percent of its benefits to the top one percent of taxpayers while draining $6.6 trillion from the U.S. Treasury over ten years, was blasted […]