Archive for the ‘New Posts’ Category

Republican Economics and Other Fanciful Thoughts

June 24th, 2011

Rep Cantor’s irresponsible canter notwithstanding, it’s worth clarifying a point he and other Republicans have recently raised.  They’ve signaled that they could actually live with raising more revenue through closing loopholes associated with tax expenditures, that $1 trillion or so we forego every year by giving tax breaks for things like mortgage interest and ethanol… Read more

FMI (Friday Musical Interlude)

June 24th, 2011

Travelling today, so light posting at best. But first, some business of paramount importance: Ray Charles makes his FMI debut! It shouldn’t have taken me this long to get to Ray.  For me, at least, no matter what craziness is going on in the world, after about two seconds of hearing that voice, I’m fully… Read more

This is What I Mean

June 23rd, 2011

Re my principles for enacting good policies and avoiding bad ones, someone showed me this oped on how to link a repatriation tax holiday to capitalizing an infrastructure bank. Here’s the linkage mechanism: “In return for obtaining the cash infusion of overseas profits into the infrastructure bank, the Treasury would forgo taxation on a schedule… Read more