Category Archives: Economy

Bill Maher on charitable write-offs for not-so charitable causes

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U.S. War Costs Reach At Least $3.7 Trillion And Counting — Imagine all the people…

Given the current state of economic affairs in the United States (and elsewhere), it’s rather painful to imagine all the jobs that could have been created from investing in BUILDING things, rather than BLOWING THEM UP (cough cough). ….. When … Continue reading

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What would happen if Americans had a say in how their tax money is spent?

Via Grist: What if U.S. taxpayers were allowed, for some small portion of their taxes — say, 10 percent — to specify on their tax returns where they’d like to direct the money? Lamberton ran some experiments to find out. … Continue reading

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Cost Of Tax Cuts For America’s Rich Exceeds Value Of Budget Cuts

Via HuffPo: Today, as Americans submit their tax returns, the wealthiest earners will each reap hundreds of thousands of dollars in tax savings. As part of a law passed late last year, the Bush-era tax cuts for the richest Americans … Continue reading

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Cutting $100 Billion?… Easy — If Only Washington Had a Brain

Here’s the latest news from Congress, in case you’ve been in Afghanistan for the last couple of weeks.  A debate about slashing the federal budget is now upon us, while fears of a possible government shutdown as spring approaches are … Continue reading

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NYT Editorial: Obama’s State of the Union: Inspiring vision for the country

This nation faces huge problems — putting millions of Americans back to work, investing to compete in a 21st-century global economy and wrestling down a long-term budget deficit that threatens everyone’s future. Ever since the 2010 campaign, we have heard … Continue reading

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Olbermann: Obama turned his back on his base.

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The downfall has begun. Two-party system. All is going as planned.

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GOP Plan for the Future: Fuck the future. Get rich now.

NYtimes.com: WASHINGTON — President Obama on Tuesday defended his tentative deal with Republicans to extend the Bush-era tax cuts at all income levels for the next two years, saying in a news conference that a protracted political fight would be … Continue reading

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