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THE REVOLUTION LIVES….Conservatives have been mostly at sea over the banking crisis, and I figure one of the reasons is that even modern movement conservatives have been unable to argue with a straight face that the solution to a systemic global credit crisis is the right wing’s usual economic cure-all: tax cuts. This isn’t entirely true, of course, as we saw a couple of weeks ago when the wingnuts in the Republican Study Committee held up the bailout bill because they thought that eliminating the capital gains tax ought to be a part of the package. Still, that one desultory effort aside, there’s just been no way to plausibly pretend that extending the tax cut revolution was a serious answer to preventing financial meltdown.

Until now! Check out my abridged version of John McCain’s latest economic plan:

Lower Taxes On….Suspend Tax Rules That….Accelerate The Tax Write-Off For….Reduce Capital Gains Taxes For….Eliminate Taxes On….

There’s nothing like that old time gospel, is there? You name a problem, and the answer is tax cuts for the well-off. For more detail and less snark, Robert Gordon and James Kvaal have you covered here.

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BEFORE YOU CLICK AWAY!

“Lying.” “Disgusting.” “Scum.” “Slime.” “Corrupt.” “Enemy of the people.” Donald Trump has always made clear what he thinks of journalists. And it’s plain now that his administration intends to do everything it can to stop journalists from reporting things they don’t like—which is most things that are true.

No one gets to tell Mother Jones what to publish or not publish, because no one owns our fiercely independent newsroom. But that also means we need to directly raise the resources it takes to keep our journalism alive. There’s only one way for that to happen, and it’s readers like you stepping up. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

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