Why We Need Obama Now

An animated short about the big choice in 2012’s presidential election, by Simpsons / Family Guy animator Lucas Gray.

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Big Bird Hits The White House

Don’t see the fuss — it’s not like the White House has never been inhabited by feather-puffing puppets in the past.

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Romney’s On Third

Romney's On Third

Easy pitches courtesy of the current US tax code.

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A Final Word On Romney’s Tax Plan

The Article: The Final Word on Mitt Romney’s Tax Plan by Josh Barro in Bloomberg.

The Text: Mitt Romney’s campaign says I’m full of it. I said Romney’s tax plan is mathematically impossible: he can’t simultaneously keep his pledges to cut tax rates 20 percent and repeal the estate tax and alternative minimum tax; broaden the tax base enough to avoid growing the deficit; and not raise taxes on the middle class. They say they have six independent studies — six! — that “have confirmed the soundness of the Governor’s tax plan,” and so I should stop whining. Let’s take a tour of those studies and see how they measure up.

The Romney campaign sent over a list of the studies, but they are perhaps more accurately described as “analyses,” since four of them are blog posts or op-eds. I’m not hating — I blog for a living — but I don’t generally describe my posts as “studies.”

None of the analyses do what Romney’s campaign says: show that his tax plan is sound. I’m going to walk through them individually, but first I want to make a broad point.
The Tax Policy Center paper that sparked this discussion found that Romney’s plan couldn’t work because his tax rate cuts would provide $86 billion more in tax relief to people making over $200,000 than Romney could recoup by eliminating tax expenditures for that group. That means his plan is necessarily a tax cut for the rich, so if Romney keeps his promise not to grow the deficit, he’ll have to raise taxes on the middle class.

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Don’t Fear This Fall

Gentle and breezy as the amber leaves falling to the ground, Rhye’s “The Fall” is the only companion you need while taking an early evening stroll.

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