Grover Norquist and the “No Panda Shooting” Pledge

By: Monday December 3, 2012 7:59 am

I like to compare Norquist’s pledge to a pledge to never shoot a panda. Any member of Congress who walked down to the National Zoo and shot one of the giant pandas would see their political career ruined, whether or not they signed a “no panda shooting” pledge. Their problem would be that shooting a panda is deeply unpopular. The fact that they broke a pledge about it would be only a very minor secondary concern.

Americans Think Taxing the Rich is Good for the Economy and Fairness

By: Tuesday July 17, 2012 7:43 am

By an almost two-to-one margin Americans think raising taxes on people making over $250,000 a year would both help the economy and make our tax system more fair. This is the result of a new Pew Research poll. Not surprisingly there is a large partisan divide on an issue so politically fundamental as taxes. Democrats [...]

For GOP Tax Increases Not Just a Sacred Cow, But the Whole Farm

By: Monday July 11, 2011 9:46 am

We frequently hear that tax increases are a “sacred cow” for the modern Republican party. If only the Republicans would allow tax increases in a debt ceiling deal, we’re told, they could get a compromise for other things they want in return. The reality, though, is that tax increases aren’t just a sacred cow to [...]

Tax Day Reminder: Richest Americans Probably Pay at a Lower Rate than You Do

By: Friday April 15, 2011 2:16 pm

Thanks to many loopholes in our tax code–the carried interest loophole being the most important–the richest people in American are likely paying a lower tax rate than you are. From Businessweek: For the 400 U.S. taxpayers with the highest adjusted gross income, the effective federal income tax rate—what they actually pay—fell from almost 30 percent [...]

The Rich Are Different: They Don’t Need to Follow Tax Law

By: Tuesday January 25, 2011 2:33 pm

The incredibly rich aren’t like you and me, they don’t need to worry about breaking the law. . . because the I.R.S. is now handing out amnesty like candy. From the New York Times: The Internal Revenue Service said on Monday that it would soon announce a new amnesty program aimed at encouraging wealthy Americans [...]

Why Bipartisan Health Care Reform Was Always A Myth: “TAXES BAD!!!”

By: Tuesday February 9, 2010 4:41 pm

Attempts to get bipartisan support for health care reform were always doomed—doomed from the very beginning. Part of that is because Republicans had no political reason to help Democrats achieve one of the planks of their party platform. The idea that delivering on quality health care reform would help cement Democrats as defenders of the [...]