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Tax Cuts or Spending: What's the Best Way to Rescue an Economy?
It's hard to believe that all conservatives have to offer right now is the Bush tax-cut agenda, but indeed - that's really all they have. Watch this MSNBC clip of Steve Forbes , one of the right's leading economic thinkers: Forbes is given a hanging curveball to bash out of the park, and he ends ...
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Reuters: Obama Backs Off Promise to Pass Windfall Profits Tax on Big Oil
Open Left - Front Page — ... Between this move and the move to wait to repeal the Bush tax cuts for the wealthy, it seems like the Obama team is buying into the right-wing frame that raising any taxes - even those on the richest citizens and wealthiest corporations - is bad for the economy. Of course, that frame is debunked by history. And while sure, it's OK to rack up deficits so as to spend our way out of the economic crisis, it's sorta silly to ignore the tax moves that could be implemented to limit those deficits where possible.   ...

David Sirota: Mandate Watch: Obama Backs Off Promise to Pass Windfall Profits Tax on Big Oil
Politics on HuffingtonPost.com — ... Between this move and the move to wait to repeal the Bush tax cuts for the wealthy, it seems like the Obama team is buying into the right-wing frame that raising any taxes - even those on the richest citizens and wealthiest corporations - is bad for the economy. Of course, that frame is debunked by history. And while sure, it's OK to rack up deficits so as to spend our way out of the economic crisis, it's sorta silly to ignore the tax moves that could be implemented to limit those deficits where possible. ...

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More Voters Than Ever Say Tax Cuts Help the Economy
rasmussenreports.com 3/27/2009 — Democrats in the Senate are talking of cutting back President Obama's pledge of tax cuts for most Americans in the face of record deficits. But 63% of U.S. voters now say tax cuts would help the economy, according to a new Rasmussen Reports national ...
Most Say Tax Cuts Always Better Than Increased Spending
rasmussenreports.com 1/28/2009 — Paul Krugman, last year's winner of the Nobel Prize for economics and a regular columnist for the New York Times, recently wrote that you should “write off anyone who asserts that it’s always better to cut taxes than to increase government spending ...
Obama's "Tax Cuts"
minx.cc 10/14/2008 — During the debate liveblogs, a phrase I find myself typing often is "TAX CREDITS ARE NOT TAX CUTS." It's usually in response to Barack Obama's promise to "cut taxes for 95% of Americans," a promise that as of now, has...
Spending vs. Tax Cuts: Everything You Need to Know in One Chart
motherjones.com 2/6/2009 — This is pretty excellent. It's a chart, created by Paul Rosenberg at Open Left , that combines data from Moody's Economy.com and Dean Baker's Center for Economic Policy and Research. It shows the return on investment for different stimulus options. ...
Obama Shouldn't Cave to the Right on Tax Cuts
realclearpolitics.com 1/8/2009 — The lesson of the Bush era is that relying on tax cuts as the centerpiece -- often the only piece -- of economic policy is just plain bad policy.
Stiglitz: Just Say No to Tax Cuts
economistsview.typepad.com 1/16/2009 — Joseph Stiglitz on the tax cuts versus spending question: Do not squander America’s stimulus on tax cuts, by Joseph Stiglitz, Commentary, Financial Times : As news of the US economy worsens, worries about whether a stimulus could restart the economy ...
Tax Cuts Aren't The Solution
workinglife.org 1/7/2009 — Well, welcome back to all who have been kicking back for the past few days, including yours truly. This year is going to be quite interesting--and, unfortunately, not a happy one as far as the economy goes, or so I'm guessing. I'm not going to ...
Obama won't compromise on tax cuts
politico.com 1/27/2009 — Obama has told House Republicans he will not compromise any further on tax cuts in the economic stimulus.
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 ...
Tax Cuts vs. Government Spending - Freakonomics Blog
freakonomics.blogs.nytimes.com 2/10/2009 — As the Senate and the House look to reconcile competing stimulus plans, the big debate is whether to emphasize government spending or tax cuts. A new paper by the New York Fed’s Gauti Eggertsson argues that the risk of deflation should tilt the ...