Archive for April, 2010

Debunking conservative talking points on the corporate income tax

Tax Tricks: Is Corporate Income Taxed Twice?

Conservatives claim that income from corporate dividends is “taxed twice” — first when the corporation pays its taxes (if it does pay taxes), and then when the recipient of dividends pays taxes on that income.

They don’t claim, however, that when you pay your plumber the plumber shouldn’t have to pay taxes because you already paid taxes on your income. That’s different, I guess, because you and your plumber both have to work. Income from working has no such considerations of favor.

The willful stupidity of David Waldman

David Waldman

As you know, the filibuster and the need it creates to find 60 votes in the Senate is the reason we don’t have a public option in the new health care bill.

No, that was just an excuse. Directly Scott Brown won his Senate seat, Obama, Reid, et al decided they could do health care via reconciliation. What the HCAN’t bloggers refuse to understand is that, from the point of view of health insurance parasites, there is no difference between a meaningful public option and single payer.

Robert Parry

But Dionne and other mainstream analysts miss the significance of the other number – 119 million – and why it is even a more powerful incentive for private insurers to have the ear of key members of Congress and White House insiders. It is the figure that the industry and its backers cite as the potential exodus of disaffected customers to a public health insurance option.

The public option was a FAIL, and it is truly reprehensible that, at this stage, the HCAN’t bloggers are still at it. Rather than continuing to bleat about the public option they should be pushing for a state waiver so that those states who want to enact their own single payer plan are free to do so.

Defend your social security

James Galbraith & John Conyers Agree on Need to Counter Peterson’s Deficit Terrorism Summit

Garment envy

Sarah Bolger as Mary Tudor

I want that hat.

Recomend this diary!

Time to Sweep the Vampire Squid Off Our Faces and Make Room for the Real Change

Africom in one sentence

Crossed Crocodiles
“We don’t want to see our guys going in and getting whacked . . . We want Africans to go in.”


Thank you for permitting this most important post about the Fiscal Sustainability Teach-In and Counter-Conference!