Don't miss KO tonight

[malaise]

David Kay Johnston will destroy the Bush tax cuts and later he tears the Liz(ard) a new one.

Nancy still wants to fight over the taxes. You go girl!!

[eleny]

1. And he played the serious portion of Colbert's appearance at the hearing

:thumbsup:

[Qutzupalotl]

2. K&R

Don't forget you can download entire episodes from the MSNBC site. No commercials (usually)!
http://podcast.msnbc.com/audio/podcast/MSNBC-COUNTDOWN-NETCAST-M4V.xml
(they switch to tonight's episode after the end of the first airing on the west coast, usually around 8pm PDT)

[w8liftinglady]

3. thanks for the link-we don't get MSNBC in BFE

[malaise]

5. Bwaaaaaaaaaaah the Bush tax cuts were a complete flop

http://www.tax.com/taxcom/features.nsf/Articles/0DEC0EAA7E4D7A2B852576CD00714692?OpenDocument
<snip>

Since 1992, the bottom 90 percent of Americans have seen their incomes rise by 13 percent in 2009 dollars, compared with an increase of 399 percent for the top 400.

The annual top 400 report was first made public by the Clinton administration, but the George W. Bush administration shut down access to the report. Its release was resumed a year ago when President Obama took office. The Statistics of Income Division at the IRS created the top 400 reports at the urging of Joel Slemrod, a business professor at the University of Michigan.

The top 400 reports understate actual top incomes because of deferral rules. For example, managers of offshore hedge funds who deferred their gains may not be counted in the top 400 reports, which are based on the figure on the last line of the front page of Form 1040.

At least three hedge fund managers made $3 billion in 2007. It is not known how much, if any, of their income they deferred.

Most of the income going to the top 400 tax returns is from capital. Salaries and wages accounted for only 6.5 percent of the top 400's income in 2007, down from 7.4 percent in 2006 and 26.2 percent in 1992. The average salary rose from 2006 to 2007, however, just at a slower rate than overall income growth.

[w8liftinglady]

7. dang-we need to broadcast that...bigtime

[malaise]

8. Send David Cay Johnston's link to everyone

Excellent article.

[opihimoimoi]

4. Pelosi has LUNARESQUE BALLS

[malaise]

6. Yes she does

Go Nancy

[Qutzupalotl]

9. I just realized... if Nancy succeeds in getting a vote on taxes

after having let the other side think they won... what's the likely outcome?

Maybe the R's will print lots of flyers saying Democrats are going to raise your taxes, which would hit voters' mailboxes right around the time the Republicans are forced to vote to raise them. That would make anything else the flyers say suspect.

If that was the strategy, brilliant! But I reckon it'd just be a lucky break. (I'll take it if it comes, though.)