Monday, February 18, 2013

Republicans attack tax report because it uses something called "facts" which they claim are biased.

"Facts? We are Republicans, we don't need no stinking facts!"
Courtesy of the Hill:

The Congressional Budget Office is defending a recent report on how U.S. multinational corporations are taxed, after a top Republican criticized the analysis as biased. 

Doug Elmendorf, the CBO chief, told House Ways and Means Chairman Dave Camp (R-Mich.) that the office believed the report “presents the key issues fairly and objectively and that its findings are well grounded in economic theory and are consistent with empirical studies in this area.” 

The taxation of multinationals has become one of the more prominent sticking points in the broader debate over tax reform. 

Camp and other Republicans prefer a so-called territorial system, which would essentially shield most or all of a corporation’s offshore profits from U.S. taxation. 

Camp had criticized the January CBO report for taking sides in what he said was a controversial discussion. 

“This report purports to provide an even-handed review of different policy issues related to the taxation of foreign source income,” Camp wrote to Elmendorf last month. 

“However, a closer analysis of the report reveals that it is heavily slanted and biased in favor of one specific approach to the taxation of foreign source income – and relies heavily on sources that tend to support that conclusion while ignoring sources that support a different conclusion,” he added.

Sadly in response to this criticism CBO Chairman Doug Elmendorf, has caved to the pressure somewhat and said the following: 

“Because of the complexity of the subject and the diverse views of experts in the field, we agree that it would have been desirable to seek comments from more outside reviewers.” 

That to me is an unnecessary acquiescence in the face of an attack on facts, which as we all know have a liberal bias.

These are the same tactics employed by the disinformation outlets utilized by the Right Wing  to muddy the waters and keep their audiences confused about the issues, and voting the way they want them to vote. In my opinion Doug Elmendorf would have been better served in the long run to stand his ground and let the facts speak for themselves.

Didn't we just talk about the different ways the liberal and conservative brains work just yesterday?

19 comments:

  1. Sorry, O/T, but here's an important announcement from the Heart of Dixie:

    Mississippi Finally Ratifies 13th Amendment to US Constitution to Free Slaves, 148 years later. And folks, this ain't from The Onion.

    http://tinyurl.com/Yep_its_MissiFukinSippi

    Look away. Look away.
    Look away. Dixie Land.

    ReplyDelete
    Replies
    1. I saw that too and was just gobsmacked!

      Delete
  2. O/T but pertinent to the IM, Gryphen.

    I just saw this Tweet:

    @EricBoehlert
    so much for rebranding GOP; #moreplease RT @robertcostaNRO SARAH PALIN will speak at CPAC 2013 #2016

    ReplyDelete
    Replies
    1. Anonymous7:12 AM

      LOL I wonder who she blew or how much she paid to be "invited".

      Delete
    2. Anonymous7:28 AM

      GOP rebranding... not so much.
      Palin trying to stay relevant... what else does she have?

      (besides the Terri Schiavo event in April)

      Delete
    3. Anonymous8:11 AM

      Seems the Grifter has recovered from any health problems she may have had and is back in business. She also appears oblivious to any impending arrests. Perhaps it is just wishful thinking on our part that she is washed-up as a public figure and destined to spend time behind bars. Sigh...

      Delete
  3. Anonymous6:52 AM

    Yeah. Facts have a liberal bias since "conservatives" cling to false narratives. How do they keep the cognitive dissonance from driving them mad?

    ReplyDelete
  4. "A Litmus Test for Credibility"

    "My own litmus test for the credibility of such institutions involves the following questions: Are think tanks on the right ever willing to acknowledge instances in which the market may be inadequate in allocating resources or that government intervention in private markets may be a necessity? Are there circumstances in which taxes should be increased beyond supporting national defense and having the resources to respond to catastrophes? For more progressive research institutions, my test is just the opposite: Would they be willing to acknowledge the advantages of some market-based outcomes or to concede that a reduction in entitlement spending or tax subsidies may be required to enhance public welfare? From my perspective, partisan institutions that exhibit knee-jerk reactions to particular policy initiatives lose credibility as legitimate contributors to policy debates."

    More at:
    http://www.inquiryjournalonline.org/doi/full/10.5034/inquiryjrnl_49.04.11

    ReplyDelete
  5. Anonymous6:59 AM

    Christina Bellantoni ‏@cbellantoni

    Palin will speak at CPAC next month, ACU announces.

    ReplyDelete
  6. Not everyone is brave. It’s what I like about Paul Krugman; if someone bashes him, he bashes right back.

    ReplyDelete
  7. OT - Just announced - Sarah Palin to screech at CPAC.
    Bots at Sea O'Pee digging in couch cushions for admittance fee$.

    ReplyDelete
  8. O/T again, but in honor of President's Day...
    This is a couple of months old, but I missed it when it came out over the holidays.

    Mississippi says 'Lawd, thank ye fer Kentucky'.

    http://tinyurl.com/Taint-racist-it's-just-Kinfucky

    ReplyDelete
  9. Anonymous7:29 AM

    Ted Cruz Hijacks The Senate

    Cruz — the perfect representative of dive-bombing GOP primary voters who would rather flame out trying to destroy Obama than actually govern — has Mitch McConnell on a leash. And because Republicans have used the filibuster to hijack control of lawmaking and appointments in this country, this means that the farthest right of the GOP now effectively has control of the Senate and much of the government.

    http://www.nationalmemo.com/lol-of-the-week-ted-cruz-hijacks-the-senate/

    ReplyDelete
  10. Cracklin Charlie7:33 AM

    So the Globalists don't want to pay taxes, huh? I say...that's TOO DAMNED BAD!

    I have just got to get me a multinational corporation!

    ReplyDelete
  11. fromthediagonal7:40 AM

    Boney BooBoo... 148 years late and how many brain cells short?

    It certainly looks like an Onion report.
    Bet the regressives won't be hearing anything about this ratification from FOX!

    And to get back to the subject of the CBO report, the regressive news outlet have their slogan all worked out: "We report, you decide".
    This leaves them completely free to report lies to great abandon. Let the listeners/viewers decide if they want to believe them.

    Perfect for them, don't you think?

    ReplyDelete
  12. Anonymous8:29 AM

    President George W. Bush: The 9/11 Interview

    http://www.youtube.com/watch?v=ke_OgE_V6tQ

    ReplyDelete
    Replies
    1. Cracklin Charlie12:18 PM

      I am SO looking forward to "Hubris" the documentary tonight.

      Delete
  13. Anonymous8:34 AM

    Rep. Ryan proposed (R-P90X), and the House passed, the Sequester Replacement Reconciliation Act of 2012 last summer. After it died in the Senate, the Sequester Replacement Act was slightly tweaked and brought back by House Republicans during John Boehner’s fiscal cliff Plan B fiasco.

    Rep. Chris Van Hollen (D-MD) noted during the Plan B debate on the House floor that the Ryan/GOP cuts would throw a combined 600,000 poor children off of food stamps and Medicaid. Literally, Paul Ryan is trying to protect the defense industry by starving hundreds of thousands of economically disadvantaged children.

    The “smarter cuts” that Rep. Ryan is touting would slash food stamps, and throw 300,000 children off the program. The cuts are so extensive that they would eliminate food assistance for 1.8 million adults and children. Ryan’s cuts would also eliminate Meals on Wheels, federal funding for child protective services, and healthcare for disabled adults and children.

    http://www.politicususa.com/paul-ryan-calls-eliminating-food-healthcare-600000-kids-smarter-cuts.html

    ReplyDelete
  14. Anonymous3:29 PM

    Alaska Republicans Laugh At Reporter For Asking About Civil Unions For Gay Couples

    http://thinkprogress.org/lgbt/2013/02/18/1606331/alaska-republicans-laugh-at-reporter-for-asking-about-civil-unions-for-gay-couples/

    ReplyDelete

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