americablog.com - 1/5/2009
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Plus ça CHANGE... But don't worry, if we just appease the Republicans this once, they'll stop being mean to us. President-elect Barack Obama plans to include about $300 billion in tax cuts for workers and businesses in his economic recovery program, advisers said Sunday, as his team seeks to ...
politico.com - 1/4/2009
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politico.com —
President-elect Obama plans to propose huge tax cuts
for businesses and middle-class workers that will total about
40 percent of the package.
(more)
Obama plans to unveil big tax cuts
Comments
Blog Reactions
News Flash: Obama to Fulfill Campaign Promises!
Angry Bear —
Tom Bozzo is amazed at the reaction of leading figures in the left blogiverse to the W$J's "news" that there will be tax cuts as part of the stimulus. See Aravosis, Digby, Krugman, Marshall. Can we cancel the circular firing squad? As far as I can tell from the Journal's reporting, the main tax elements are largely indistinguishable from what Obama was promoting in the fall. Here, for instance, is a snippet of the third debate: [Bob Schieffer:] Senator Obama, you proposed $60 billion in tax cuts for middle- income and lower-income people, more tax breaks to create jobs, new spending for public ...
Obama's clever fiscal stimulus strategy
The Next Right —
Barack Obama appears to be making significant overtures to cultivate Republican support for his fiscal stimulus plan with massive tax cuts (albeit short-term tax shifts rather than structural changes or actual cuts). The Leftroots (and Paul Krugman) are fairly upset about this. Kevin Drum says this attempt to win bipartisan support (rather than just the few Republican votes he absolutely needs to secure passage) is a bad idea, because Obama is making concessions he doesn't have to make and diluting ...
Related Content
$300 Billion in Tax Cuts?
talkingpointsmemo.com 1/5/2009 — I'm going to dig more into the details on this tomorrow. But this is starting to sound like a pretty big chunk of the stimulus bill is aimed at garnering GOP support.
I really hope we're not putting the cart before the horse here.
And these ...
NYT: Obama plan includes $300 billion in tax cuts
msnbc.msn.com 1/5/2009 — President-elect Barack Obama plans to include about $300 billion in tax cuts for workers and businesses in his economic recovery program, as his team seeks to win over Congressional skeptics.
Are the Bush Tax Cuts Working?
taxesandgrowth.ncpa.org 2/12/2009 — Rebate checks were sent to taxpayers in the amount of $300 per individual and $600 per married couple. Personal income tax rates dropped from 39.6, 36, 31, and 28 percent to 35, 33, 28, and 25 percent, respectively. The child tax credit increased from ...
Obama not 'likely' to push repeal of Bush tax cuts
politico.com 11/23/2008 — Obama adviser Bill Daley says Obama will "more likely than not" postpone a tax increase for the rich until 2011, when the Bush tax cuts expire, rather than pushing to repeal them now.
He made the comment on Meet the Press, and it's a ...
The $300 Billion Tax Cut That Isn't
suitablyflip.com 1/6/2009 — I railed about this on Strategy Room this morning, but I need to get it down on paper screen or it's going to continue to gnaw at me.
Barack Obama's ostensible $300 billion tax cut is anything but. It's being used as a lure, in order to - well, lure ...
Obama to GOP: No compromise on more tax cuts
twincities.com 1/27/2009 — President Barack Obama rolled into the Capitol with a clear message for Republicans this afternoon: He's happy to talk, but he's not compromising on tax cuts. Obama was ready for the House Republicans to pounce, telling them: "Feel free to whack me ...
300,000 Apply for 3,300 Obama Jobs
nytimes.com 12/6/2008 — The excitement about an Obama administration has fueled the record number of applicants, although the unraveling economy may be adding its own boost. >
Obama Eyes $300 Billion Tax Cut
online.wsj.com 1/5/2009 — [Obama Eyes $310 Billion Tax Cut] Getty Images President-elect Barack Obama and congressional Democrats are crafting a plan to offer as much as $310 billion of tax cuts.
Obama to name first woman solicitor general —
First Read 1/5/2009
From NBC's Pete Williams President-Elect Obama intends to nominate the dean of the Harvard Law School to be the first female full-time solicitor general, the government's top courtroom advocate. No woman has ever held the position in any ...