Tag Archives: Fiscal Cliff

Shrinking Revenue Offers

Jared Bernstein has a nice, but depressing chart on various revenue offers between Obama and Boehner.

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White House’s 30 Second Case for the American Taxpayer Relief Act

Brian Deese makes the case for the 2012 Revenue Deal

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Are House Republicans Actually Behaving Rationally?

Nate Silver has a fascinating post on this question. Here’s his answer: Individual members of Congress are responding fairly rationally to their incentives. Most members of the House now come from hyperpartisan districts where they face essentially no threat of losing their … Continue reading

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Broad-Based Tax Increases Are Rare

Zach Goldfarb has a story today that points out how rare broad-based tax increases are. I posted earlier about the history of individual income tax changes at the federal level – here is a similar chart that I made that includes payroll … Continue reading

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Macroadvisers on the Effects of the Fiscal Cliff

We’re often asked how much of a drag on growth is associated with each of the provisions of current law that usually are described as comprising the fiscal cliff. The table below presents such results for the four quarters of … Continue reading

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More Progressive Ways to Reduce Social Security Spending than Chained CPI

Dylan Matthews has a great post discussing more progressive cuts to social security than Chained CPI.  He includes the option of altering the Preliminary Issuance Amount, which is determined by a benefit schedule that maps  your “average wages” into a personalized … Continue reading

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Raising Another Trillion in Revenues

Larry Summers argues it’s plausible that we can raise another $1 trillion+ over the next ten years – here’s how: The failure to tax capital gains at the point of death costs the federal government about $50bn a year. Since … Continue reading

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