Taxes

It's hard to imagine an economist being provocative, but Paul Krugman, a Nobel Prize winner, has managed to do so. In his June 28 New York Times op-ed, Krugman argued that since governments around the world aren't willing to double-down on Keynesian policies meant to stimulate the global economy, the United States and the rest of the world are facing a third depression. But on CNBC's June 28 "…

If it were only that simple - that is the way CNBC's Rick Santelli would have it. On CNBC's June 28 "Squawk Box," CNBC's senior economics reporter Steve Liesman vigorously defended the need for higher tax rates as a measure to cut federal deficits. Others argued that government revenues would increase if tax rates were lower because it would stimulate growth. (h/t Real Clear Politics Video) "…

Matt Drudge is currently linking to the YouTube version (also carried at Real Clear Politics) of Milwaukee TV station WISN's report on Vice President Joe Biden's visit to a Greenfield, Wisconsin custard shop. In it, you can hear the following exchange between Biden and the Kopp's Custard manager: Biden: What do we owe you? Manager: Don't worry. It's on us. ... (inaudible) ... Lower our taxes and…

"[Carly Fiorina's] position on taxation would deprive women of childcare."The Hyde Amendment "penalizes poor women terribly.""You can't be a feminist who says other women can't" have an abortion.These are just some of the outrageous statements left-wing feminist Gloria Steinem made during an interview with CBS anchor Katie Couric on the latest installment of "@katiecouric," which was posted to…

Between the ongoing Gulf oil spill and the McChrystal row, this story is bound to get put on the back burner, but it still deserves attention by the broadcast and cable news media.Yesterday I wrote about the Washington Post burying its story on House Majority Leader Steny Hoyer saying that congressional Democrats were not wedded to President Obama's 2008 campaign pledge to not raise taxes on…

In a recent interview, House Majority Leader Steny Hoyer (D-Md.) said that the Bush tax cuts that affect the middle class should not be considered "totally sacrosanct." The number two Democrat in the House of Representatives "acknowledg[ed] that it would be difficult to reduce long-term deficits without breaking President Obama's pledge to protect families earning less than $250,000 a year,"…

For taxpayer-funded PBS, the blueprint for America's future is centered on advancing the Obama administration's taxpayer-funded green agenda. In the June 17 installment of "Blueprint America," Miles O'Brien, a "NewsHour" special correspondent, hailed Dubuque, Iowa as the "city of the future" for transforming itself into a liberal beacon of environmental sustainability.O'Brien's piece showered…

MSNBC contributor Lawrence O'Donnell will take over at the 10 pm slot, the cable network announced Tuesday. O'Donnell, who guest-hosted "Countdown" while Keith Olbermann was on leave, is a self-described socialist, and will fit in nicely with the rest of MSNBC's prime-time lineup.The 10 pm slot has up to this time been "Countdown" reruns, so MSNBC viewers will now be treated to a tad different…

Sometimes even the seemingly most unreasonable characters as far public policy goes can be reasoned with if the circumstances are right. Just sometimes it takes someone like Steve Forbes to pull it off. On the June 14 broadcast of MSNBC's "Morning Joe," Forbes explained that a flat tax might be the medicine that Greece, a country on the fiscal brink needs. "Well, when you engage in binge…

Editor's Note: The following originally appeared at Andrew Breitbart's Big Hollywood. M. Night Shyamalan’s latest film production, "The Last Airbender," was recently awarded over $35 million in film tax credits from Pennsylvania over two years.  The award is the largest in the history of Pennsylvania’s Film Tax Credit (FTC), breaking the record held by his previous project, "The Happening,"…

NBC's Meredith Vieira, on Monday's Today show, gave Caroline Kennedy her annual spot on the air to honor the latest liberal heroes to win the John F. Kennedy Profile in Courage Award, this year given to California legislators who demonstrated the "courage" to raise taxes as a solution to that state's budget crisis. Kennedy spoke to Vieira, along with award winners California State Senators…

Former Democratic operative turned journalist George Stephanopoulos gushed over well known Democrat Caroline Kennedy on Monday as she touted the latest recipients of the Profile in Courage Award. The current winners include two California state Republicans who bucked the vast majority of their party to support tax increases in the 2009 budget. In addition to Kennedy, Stephanopoulos also…

On Tuesday’s Larry King Live on CNN, a pre-recorded interview with Mick Jagger was shown in which the English musician talked about his decision to leave his home country in the 1970s to escape the 90 percent marginal tax rates of the time on high-income earners. After noting that he had made bad financial decisions in his earlier days of success, he recounted: "We had to leave England to acquire…