Tag Archive: taxes

The Norqmonster

It would seem that the Left is preparing to move on from the Koch Brothers as their bette noire. Their rage seems to have found a new target: Grover Norquist. Norquist, as you know, is the man behind the pledge that most Republicans have signed promising not to raise taxes. Many see this an impediment to a Grand Bargain.

It’s fine to see his pledge as a problem. What’s not fine is how … Read more

The Rainy Day

How often do you find Matt Yglesias and Megan McArdle agreeing on something? Yglesias, talking about the need to be conservative with future budget projections, says:

The other thing, of course, is that “stuff happens.” Nobody sitting down in 1925 to write a 25-year budget forecast would have made the funds available to win World War II. It’s nice to think that you have a plan that leaves headroom to engage in some deficit spending

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Like taxes and Democrats? Move to Connecticut.

Fan-fucking-tastic:

Connecticut Governor Dannel Malloy signed a $40.1 billion two-year budget that raises taxes by $2.6 billion, the biggest increase in state history, according to Republicans who fought the plan.

The budget passed by the House of Representatives and Senate yesterday raises taxes on incomes of more than $50,000 a year. It boosts the retail-sales levy to 6.35 percent from 6 percent while broadening it to cover previously exempt goods and services. The rate

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