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Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Sunday, April 19, 2009

Other stuff.

* Jaimee has a piece in the Indy Green Guide this week comparing dueling energy initiatives in the North Carolina State Legislature.

* Begging as labor: Alex Greenberg thinks it over.

* Science fiction's most evil corporations.

* Hope for Dollhouse? 'Prison Break return disappoints,' scoring 75% of Dollhouse's regular audience in the Friday night death slot.

* Making Samuel Beckett.

* The Brick Testament has reached The Book of Revelations.

* "Metaphysics in a Time of Terrorism," by Terry Eagleton. Via MeFi.

The distinction between Hitchens or Dawkins and those like myself comes down in the end to one between liberal humanism and tragic humanism. There are those who hold that if we can only shake off a poisonous legacy of myth and superstition, we can be free. Such a hope in my own view is itself a myth, though a generous-spirited one. Tragic humanism shares liberal humanism’s vision of the free flourishing of humanity, but holds that attaining it is possible only by confronting the very worst. The only affirmation of humanity ultimately worth having is one that, like the disillusioned post-Restoration Milton, seriously wonders whether humanity is worth saving in the first place, and understands Swift’s king of Brobdingnag with his vision of the human species as an odious race of vermin. Tragic humanism, whether in its socialist, Christian, or psychoanalytic varieties, holds that only by a process of self-dispossession and radical remaking can humanity come into its own. There are no guarantees that such a transfigured future will ever be born. But it might arrive a little earlier if liberal dogmatists, doctrinaire flag-wavers for Progress, and Islamophobic intellectuals got out of its way.
*Think Progress says "Obama’s Immunity For CIA Agents Still Leaves Prosecutions Of Senior Bushies On The Table." People need to accept that Obama's going to let us down on this. He told us he would. He will.

* Your taxes at work. See also.

* A major EPA ruling this week declared carbon dioxide a pollutant under the Clean Air Act. More analysis at the Oil Drum.

* Imagine finding yourself aboard a burning ocean liner. An increasing number of people are trying to put it out -- and they stand a good chance, if they can get access to the fire axes and hoses. Unfortunately, some rich old fat guys are sitting in deck chairs blocking the equipment, enjoying drinks and appetizers, and every time the other passengers try to get them to move, the rich old fat guys say they don't really believe in the fire, and even if it does exist, it probably can't be put out so we should just trust in the new lifeboat being built. And, sure enough, there on the deck is a guy is a brilliant, somewhat unworldly professor, busily sketching a design for a new lifeboat as the smoke billows in larger and larger clouds.

That's a pretty fair analogy for the situation in which we find ourselves, and for the role geoengineering is playing in the climate debate.


* The Wire series bible.

I have a ton of tabs open representing the blogging I intended to do this week but never did. Let us begin with the ongoing implosion of the Republican Party.

* Secession! It's everyone's favorite new fantasy. Polls show a quarter of Texans like Gov. Crazy's crazy idea, though said governor is now backpeddling. And if Texas does secede, some people are saying this time we should just let them go.

It would be the world's thirteenth largest economy -- bigger than South Korea, Sweden, and Saudi Arabia. But its worth would crater precipitously, after NAFTA rejected it and the United States slapped it with an embargo that would make Cuba look like a free-trade zone. Indeed, Texas would quick become the next North Korea, relying on foreign aid due to its insistence on relying on itself.
* In less hilarious eliminationist wingnuttery, an Illinois state senator has repeatedly suggested that "Illinois residents 'are ready to shoot anyone who is going to raise taxes' as much as Gov. Pat Quinn is proposing." This talk never should have started back during the election, and really needs to stop.

* The ante's likely been upped for forthcoming Republican antics because the teabagging parties were such a bust while Obama's popularity remains consistently high, no matter what sort of shit they fling at the wall.

* How to become the Republican candidate for vice president. It's easier than you think!
A.B. Culvahouse, a powerful Washington lawyer and former counsel to President Reagan, told an audience of Republican lawyers that for McCain, selecting a vice president came down to three questions: Why do you want to be vice president? Are you prepared to use nuclear weapons? And the CIA has identified Osama bin Laden, but if you take the shot there will be multiple civilian casualties. Do you take the shot?

Sunday, March 01, 2009

Sunday, Sunday.

* The New Yorker has fiction from the late great David Foster Wallace as well as discussion of his unfinished final novel. (There's also a profile of Rahmbo.) Discussion at MeFi.

* Even more six-word science fiction. More at MetaFilter.

* The twenty-first century: an FAQ from Charlie Stross.

* Hypothesis: Sufficiently usable read/write platforms will attract porn and activists. If there's no porn, the tool doesn't work. If there's no activists, it doesn't work well. (via)

* Maybe Dollhouse shouldn't have been as series: io9 clues into the central problem facing American television production, open-ended perpetual serialization. Discussion at Whedonesque.

* Sebelius to HHS.

* The formula that killed Wall Street. Some talk at MetaFilter.

* Anime Peanuts. More along these lines at MeFi.

* Reverse-plot movies. Reverse-plot games.

* Aside from their nihilism and incompetence, the biggest problem facing Republicans is that their mythology has become too difficult for the average person to follow. It’s like a comic book “universe” where the writers have been straining to maintain continuity for decades — all the ever-more-fine-grained details are really satisfying for the hardcore fans, but intimidating for potential new readers, who are left asking, “Trickle-what? Chappaquid-who? What’s that about Obama’s birth certificate? Obama’s European now? I thought he was a Muslim! Darn it, I’ll never catch up!”

I suggest, therefore, that the Republicans use their current time of wandering in the wilderness to do their own version of Crisis on Infinite Earths. They wouldn’t have to ditch their favorite heroes, of course — we could also be treated to limited series like Rush Limbaugh: Year One, Newt Gingrich: Year One, etc. They can reboot all the plotlines, free the beloved characters of the chains of continuity, and then do it again, and yet again — until finally they find success in some genre other than politics, much as comic book superheroes have moved on to the movies.
GOP: Year One.

* See also: the GOP's voice and intellectual force, Rush Limbaugh.

* Forget Switzerland: Is Ireland the next Iceland? Don't forget your recession tourism.

* Slowly but surely, here comes marijuana decriminalization/legalization. Don't forget your revenue stream.

* Imprisoned fifteen-year-old beaten by police officer. On tape.

* And put aside that old question of "justifying" the humanities: the real problem is that for much of the past decade, the culture isn't listening to what the humanities have to teach.

Tuesday, February 03, 2009

Tom Daschle has withdrawn his name for HHS secretary. Too bad, but probably necessary—he was definitely becoming a distraction. I don't have any particular fondness for Daschle, so this doesn't strike me as an especially huge loss.

Paging Howard Dean?

Wednesday, October 29, 2008

The Republican argument of the moment seems to be that the difference between capitalism and socialism corresponds to the difference between a top marginal income-tax rate of 35 per cent and a top marginal income-tax rate of 39.6 per cent. Hendrik Hertzberg explains the use and misuse of the word "socialism" in the New Yorker.

Saturday, October 04, 2008

Obama continues to strike at a huge weakness in McCain's platform: his campaign's plan to tax employer-based health benefits for the first time in American history and thereby destroy the employer-based group-insurance system altogether, pushing American workers into the even more dysfunctional individual market.

This was the focus of Obama's big health care speech today.

So when you read the fine print, it’s clear that John McCain is pulling an old Washington bait and switch. It’s a shell game. He gives you a tax credit with one hand – but raises your taxes with the other. And recently, after some forceful questioning on TV, he finally admitted that for some Americans – those with the very best plans – his tax increase will be higher than his tax credit, and they’ll come out behind.

John McCain calls these plans “Cadillac plans.” In some cases, it may be that a corporate CEO is getting too good a deal. But what if you’re a line worker making a good American car like Cadillac who’s given up wage increases in exchange for better health care? Well, Senator McCain believes you should pay higher taxes too. The bottom line: the better your health care plan – the harder you’ve fought for good benefits – the higher the taxes you’ll pay under John McCain’s plan.

And here’s something else Senator McCain won’t tell you. When he taxes people’s benefits, many younger, healthier workers will decide that it’s a better deal to opt out of the insurance they get at work – and instead, go out into the individual market, where they can buy a cheaper plan. Many employers will be left with an older, sicker pool of workers who they can’t afford to cover. As a result, many employers will drop their health care plans altogether. And study after study has shown, that under the McCain plan, at least 20 million Americans will lose the insurance they rely on from their workplace.

It’s the same approach George W. Bush floated a few years ago. It was dead on arrival in Congress. But if Senator McCain were to succeed where George Bush failed, it very well could be the beginning of the end of our employer-based health care system. In fact, some experts have said that that’s exactly the point of John McCain’s plan – to drive you out of the insurance you have through your employer – and out into the marketplace, where your family will be given that $5,000 tax credit and told to buy insurance on your own.

A $5,000 tax credit. That sounds pretty good. But what Senator McCain doesn’t tell you is that the average cost of a family health care plan these days is more than twice that much – $12,680. So where would that leave you?

Senator McCain also doesn’t tell you that insurance in the individual market isn’t just more expensive than insurance you get through work – it also includes fewer benefits. For example, many of these plans don’t cover prescription drugs or pre-natal care. Many don’t cover giving birth, so you’d have to pay out of pocket for that – roughly $6,000. So when you’re out there fending for yourself against the insurance companies, you pay more and get less.

Here’s another thing Senator McCain doesn’t tell you – his plan won’t do a thing to stop insurance companies from discriminating against you if you have a pre-existing condition like hypertension, asthma, diabetes or cancer…the kind of conditions that 65 million working age Americans suffer from – people from all backgrounds and walks of life all across this country. Employers don’t charge you higher premiums for these conditions, but insurers do – much higher. So the sicker you’ve been, the more you’ll have to pay, and the harder it’ll be to get the care you need.

Finally, what John McCain doesn’t tell you is that his plan calls for massive deregulation of the insurance industry that would leave families without the basic protections you rely on. You may have heard about how, in the current issue of a magazine, Senator McCain wrote that we need to open up health care to – and I quote – “more vigorous nationwide competition as we have done over the last decade in banking.” That’s right, he wants to deregulate the insurance industry just like he fought to deregulate the banking industry. And we’ve all seen how well that worked out.
It's a devastating line of attack on an incredibly poor proposal, one that by itself I think would be enough to give Obama the election—if indeed he weren't already winning it. There's more coverage from Matt Yglesias, Steve Benen, and Chuck Todd; I expect this'll be the most lively exchange at this Tuesday's debate...

Friday, October 03, 2008

Millions of Americans were watching Thursday night’s vice-presidential debate waiting for a demolition derby moment — another crash by GOP running mate Sarah Palin, another serving of raw material for the writers at "Saturday Night Live."

By that standard, she got out alive, though there were white-knuckle moments along the way: questions that were answered with painfully obvious talking points that betrayed scant knowledge of the issue at hand, and sometimes little relevance to the question that had been asked.
John F. Harris and Mike Allen have a thumbs-down assessment of Sarah Palin's performance in last night's debate. Meanwhile, the Obama camp has already put together a fantastic ad from the debate on a moment I highlighted last night, the $5,000 health insurance tax credit for a $12,000 family-by-family increase in health insurance costs. This is a hilariously bad idea that just about nobody knows about—they should put this ad all over Ohio, Florida, Virginia, Colorado, and Pennsylvania now that it's too late for McCain to run from it.

Wednesday, October 01, 2008

The Senate is now voting on their version of the bailout bill.

UPDATE: Looks to pass, 74-25. Like most facing tough races, NC's Dole votes against it.

UPDATE 2: The Politico details some of the almost $100B in "sweeteners" in the Senate version of the bill.

To calm voters fearful of bank failures, the $100,000 cap on federal insurance for deposits would also be raised to $250,000—a concession backed by both parties but also aimed at community banks who can be helpful in building small town support for the larger bill.

With each permutation, the bill has steadily grown in size. Treasury’s initial plan was about three pages long. The House version, which failed, stretched to 110. The Senate substitute now runs over 450 pages. And tucked away in the tax provisions is a landmark health care provision demanding that insurance companies provide coverage for mental health treatment—such as hospitalization—on parity with physical illnesses.

...The biggest single piece in the package is an extension of protections for millions of middle class families who would otherwise find themselves exposed to the higher levy under the alternative minimum tax. This alone accounts for about three quarters of the cost or $78.8 billion in 2009. Almost $14 billion more can be attributed to a variety of tax break extensions important to business, including the R&E credit worth about $8.4 billion in 2009.

The rural school aid is smaller —about $3.3 billion over the next five years— but has great importance for many Western communities and could be important then in the House.
The languishing solar energy provision I was unhappy about earlier was tucked in as well.

Sunday, September 21, 2008

Sunday morning politics linkdump. Sorry for all these linkdumps, by the way—it was a busy week. Next week should see a return to a little bit more sustained commentary (including the exciting return of debate liveblogging!).

* There have been some interesting debates about poll biases lately. Ron Fournier (grumble) at the AP covers a study that argues Obama would be further ahead were it not for racial animus, by as many as six points. FiveThirtyEight throws cold water on this, as well as looking closely at the possibility of a "cellphone effect" in the polls. If Obama does 2.8% better in polls that include cellphones, that suggests a shifting map like the one below, turning Virginia light-blue and strengthening small Dem leads in Ohio and Colorado.



* A study from political scientist Alan Abramowitz argues that Obama will win, when all is said and done, with 54% of the popular vote. That he's naively comparing historical models with this year's unprecedentedly diverse tickets in both camps shows how seriously we should take this analysis.

* A new PPP poll shows North Carolina tied. Other recent polls show South Carolina within six, West Virginia within four, and MontanVoteRonPaula within two.

* There's evidence of a "Palin effect" in Florida driving undecided voters to Obama.

* The Spine tries to get a handle on Obama's early-voting advantage, beginning as early as this Friday in Virginia. The second link has some stats of interest for Dukies and Durham residents:

In addition, more early-voting centers are being located at colleges and universities, a change that significantly affects student turnout. Students at the University of North Carolina and N.C. State were able to vote on campus throughout the two weeks leading up to North Carolina's primary contest in April. At Duke University, however, students had to make their way to voting sites in the city of Durham. While turnout for Durham County was 52% in the Democratic primary, only 11% of eligible Duke students voted. This fall, however, Duke will have its own early-voting center, open for business starting Oct. 16.
* The McCain camp has successfully demanded the VP debate rules be changed to protect Sarah Palin.

*Judge orders Cheney not to destroy his VP records.

* SNL mocked McCain this week. He also preemptively mocked himself with an article in Contingencies arguing (for reals) that "Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation." Straight out of the Dept. of Bad Timing. Obama's already taken aim at this.

* Will Obama raise my taxes? A helpful widget.

* And American Stranger has a long post on ideology that seems to take as one starting point my post on Slavoj Žižek, Obama Supporter. Essentially Ryan takes aim at the various binds the Left finds itself in with regard to political action, and I largely agree with what he says—though I certainly hope I wasn't in mind as his example of sell-out "liberal 'pragmatism' a la The New Republic." My point, both in the earlier post and now in this one, is simply that the U.S. President has a tremendous ability to make life better or worse for real people with real lives, all over the world, many of whom (believe it or not!) do not have cushy long-term contracts with elite universities. Naderite "Oh, they're all the same!" negativity only makes sense to people who are inoculated by class and privilege from the consequences of that power.

The mere recognition that the perfect not be the enemy of the good doesn't quite throw my lot in with TNR, I don't think, and certainly not so long as we also keep in mind that the good not be the enemy of the better. Our discomfort with pragmatic compromises—and we should be discomforted by them, every time and in every case—isn't by itself a reason not to be pragmatic.

Tuesday, September 16, 2008

Politics, mid-afternoon-style.

* What's up with McCain's surrogates today? First they tout a Canadian invention as proof of McCain's legislative accomplishments, and now Carly Fiorina—who, incidentally, ran HP into the ground while she was running things—says she'd put Palin in the White House, but not in charge of a major company. Not to mention Rove going off-script. Who's running things over there?

* Another reason not to watch the polls: young people might actually vote this year.

* But there's at least one reason to watch the polls: graphic proof Palinmania is almost over.

* And people are still talking about McCain's absurd plan to institute a tax on employer health benefits. Here's Bob Herbert in the Times, who goes on to link the McCain plan to this week's banking collapses:

The whole idea of the McCain plan is to get families out of employer-paid health coverage and into the health insurance marketplace, where naked competition is supposed to take care of all ills. (We’re seeing in the Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers and Merrill Lynch fiascos just how well the unfettered marketplace has been working.)

Taxing employer-paid health benefits is the first step in this transition, the equivalent of injecting poison into the system. It’s the beginning of the end.

When younger, healthier workers start seeing additional taxes taken out of their paychecks, some (perhaps many) will opt out of the employer-based plans — either to buy cheaper insurance on their own or to go without coverage.

That will leave employers with a pool of older, less healthy workers to cover. That coverage will necessarily be more expensive, which will encourage more and more employers to give up on the idea of providing coverage at all.

The upshot is that many more Americans — millions more — will find themselves on their own in the bewildering and often treacherous health insurance marketplace. As Senator McCain has said: “I believe the key to real reform is to restore control over our health care system to the patients themselves.”
Obama will clobber him with this in the debates. Look forward to it.

Thursday, September 11, 2008

Based on a recent survey of one (1) American swing voter, I've concluded that talking to parents, siblings, co-workers, and low-information friends about John McCain's plan to tax employer-based health care benefits is an extremely smart idea for Obama supporters. Joe Klein:

Today's issue: health insurance. John McCain wants to tax your employer-provided health care benefits. He wants to replace those benefits with an insufficient tax credit--$2500 for individuals and $5000 for families (the average cost per family for health insurance is $12000).
Kevin Drum looks at this issue with an eye towards inflation and concludes it's even worse than it looks:
...there's some fine print hidden where McCain hopes no one will see it: his tax credit increases each year only by the normal inflation rate. Your premiums are going to increase way faster — probably around 6-8% per year. That means your taxes are going to go up 6-8% per year too. The chart on the right, courtesy of CAP, shows the gory details: the tax credit doesn't keep up with the increase in tax payments. In other words, your taxes go up.

If you're in a somewhat higher tax bracket than the median, the news is even worse because your marginal federal tax rate is higher. If you live in a high-tax state like California, the news is even worse because your marginal state tax rate is higher. If you have a big family, the news is even worse because your premium will be more than $14,000 and the taxes you pay on it will therefore be higher. If your employer decides to ditch group healthcare entirely because there's no longer any tax advantage to it, then you're really screwed. And if that happens and you happen to have a chronic illness that no private insurer will touch — well, screwed hardly begins to describe it.

So that's McCain's healthcare plan: make it more expensive, make it riskier, and for some people, make it nonexistent.

Thursday, August 14, 2008

News roundup!

* Surprising sat: 2/3 of U.S. corporations pay no taxes at all.

* In the latest sign of trouble in the planet's chemistry, the number of oxygen-starved "dead zones" in coastal waters around the world has roughly doubled every decade since the 1960s, killing fish, crabs and massive amounts of marine life at the base of the food chain, according to a study released yesterday. More at Political Animal.

* 'Honeybee deaths reaching crisis point' in U.K.

* And they've finally, finally invented Mr. Fusion. For real this time. (We're saved.)

Saturday, April 26, 2008

Our collective ship has finally come in: the $600 tax rebates start going out Monday. Soon I'll hate the Republicans for what they've done to my country exactly $600 dollars less.

Wednesday, April 16, 2008

Why won't the government cut taxes for people making between $30,650 and $45,000 a year? Political Calculations poses the question and then answers it.

Friday, January 18, 2008

Friday morning links.

* Rest in peace, Bobby Fischer. Here's the traditional MetaFilter obituary with a lot of dots, a lot of stupid chess puns, and a lot of links. And here's a post from the early days of Backwards City on Fischer's 2004 arrest in Japan, which also includes a link to the rules for "Full Chess" that Fischer devised for greater variety and challenge.

* But the link between watching football — specifically college football — and violence may not be a myth. A new study by researchers at the University of Colorado at Denver examines whether assaults and other forms of aggressive behavior increase when major college football teams play home games, and finds that they do. More strikingly, perhaps, incidences surge most when upsets occur — whether the home team wins or loses.

* Bush considering $800 bribe tax rebate to help spur economy. Money can't buy you love, Mr. President.

* In both the Washington Post (link fixed) and New York Times this week are articles pooh-poohing the Air Car, a $2500 high-efficiency vehicle scheduled to go into production in India this year. In addition to the absurd hypocrisy involved in the U.S. lecturing anyone on greenhouse gases or wasteful consumption, the greater point to take away from all this is that the decades-old Big Lie of globalization is again being exposed before our eyes. It has never and will never be the point of globalization to enrich poorer countries and bring them "up" to a Western standard of living; that's just the story we tell ourselves whenever someone reminds us that our sneakers are made by little slave kids. Now that it looks as if nations from the Global South actually could begin to made headway towards a Western standard of living, how does the West react? We recognize this moment not as the happy culmination of sixty years of economic charity and beneficence—finally, our hard work has paid off! the rising tide has lifted all boats!—but instead as a economic, environmental, and geopolitical disaster. We're terrified to be faced with the thing we always claimed we were working towards.