By: Obama’s Debt Commission Chairs Diss Fiscal Cliff Fix | Money Talks News
[...] in 2010 to figure out a way to fix Washington’s busted budgets. What came out of it was the Simpson-Bowles plan, named after its co-chairs. That plan was sure talked about a lot, but pretty much...
View ArticleBy: Falling Off the Inequality Cliff |
[...] Reform (here). Ezra Klein’s review of the Simpson-Bowles plan (The Washington Post, 12/4/12, here) shows that their proposals, which include significant tax increases on top incomes and capital...
View ArticleBy: There is Not A Spending Problem « The Pettifog
[...] the deficit. I mean, most of what the Simpson Bowles suggestions for discretionary cuts have already been put in place. Which leaves cutting some big chunks, out of the costliest parts of our...
View ArticleBy: Fiscal Cliff Was Latest Failed Deficit Gimmick
[...] Congress set up the Simpson-Bowles Commission during the 2011 debt ceiling crisis. This panel recommended, of course, a hefty mixture of [...]
View ArticleBy: Sequester Blues | Bill Manzi.com
[...] and simplify marginal tax rates. The Commission assumed, in their so called “baseline”, that the Bush tax cuts for top earners would be allowed to expire. They calculated that revenue in advance...
View ArticleBy: Google
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View ArticleBy: 2 Angry Buds — March Edition | Forward Radio
[...] 11 shocking, true facts about Simpson-Bowles [...]
View ArticleBy: Super Tax Breaks |"Not About Quality"
[...] negative consequences, as would any other tax increase or benefit cut. But if we are considering raising the retirement age or turning Medicare into a voucher program, the big payroll tax breaks...
View ArticleBy: You probably think the shutdown’s about spending. It isn’t.
[…] bargain" meant in the context of the debt negotiations. The idea was that someone — be it the Simpson-Bowles commission or the Gang of Eight or Joe Biden and Eric Cantor or Boehner and Obama or the...
View ArticleBy: Tax Reform Error #1: Confusing Tax Expenditures with Revenues |...
[…] expenditure” from a lower capital gains tax is wrongly equated with estimated revenues, the Simpson-Bowles plan hopes to raise an extra $585 billion over ten years. In reality, investors realize...
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