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In the run-up to this weekend's G-8 summit at Camp David, journalists have unfavorably compared European "austerity" with Barack Obama's economic policies.
Isn't it time we stopped fighting over Bush's tax policy? Wouldn't it be refreshing to have a fiscal-policy debate without repeating Bush's name?
The coming expiration of the Bush tax cuts has been a bit below the radar, but will soon surface in a very big way, as either allowing the cuts to expire or making them permanent will shock an economy still reeling and teetering at the abyss of a deeper downturn.
Ominously labeled "Taxmageddon," a host of tax policy changes are set to occur at year-end, and there truly is much at stake: $3.67 trillion of additional tax revenue over 10 years from the Bush tax cuts alone.
In an upcoming piece, AEI's Kevin Hassett highlights a new unique index of policy uncertainty which was developed in a path-breaking paper by Stanford economists Scott R. Baker and Nicholas Bloom along with AEI Visiting Scholar and University of Chicago economist Steve Davis. Among...
Last week I wrote about the standings in the presidential race and said it looked like a long, hard slog through about a dozen clearly identified target states, much like the contests in 2000 and 2004. Call it the 2000/2004 long, hard slog scenario.
Taxmageddon is the result of the extreme shortsightedness of President Obama and the Democrats, who extended current tax policies for only two years back in 2010. The latest research suggests that the economy will suffer severely this year for that shortsightedness.
The debate over the Bush tax cuts is heating up, and the Democrats are not making any sense.





