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3:35 PM ET, February 22, 2012

memeorandum

 Top Items: 
Robert Winnett / Telegraph:
50p tax rate ‘failing to boost revenues’  —  The amount of income tax paid fell sharply last month in the first formal indication that the new 50p higher rate is not raising the expected amount of revenue.  —  A Treasury source said the relatively poor revenues from self-assessment returns …
RELATED:
Wall Street Journal:
Obama's Dividend Assault  —  A plan to triple the tax rate would hurt all shareholders.  —  President Obama's 2013 budget is the gift that keeps on giving—to government.  One buried surprise is his proposal to triple the tax rate on corporate dividends, which believe it or not is higher than in his previous budgets.
Jackie Calmes / New York Times:
Obama Offers to Cut Corporate Tax Rate to 28%  —  WASHINGTON — President Obama will ask Congress to scrub the corporate tax code of dozens of loopholes and subsidies to reduce the top rate to 28 percent, down from 35 percent, while giving preferences to manufacturers that would set …
James Pethokoukis / The Enterprise Blog:
Why Obama's corporate tax plan is a total bust  —  The current U.S. economic recovery is arguably the worst in modern American history.  Incomes are flat, housing is moribund, and the past three years have seen the longest stretch of high unemployment in this country since the Great Depression.
Cameron Joseph / Ballot Box:
New Romney proposal would cut individual tax rates by 20 percent
Discussion: The Hill, Hot Air and CNN
CNN:
Romney: Obama tax proposal would kill jobs
New York Times:
Obama Unveils Plan to Cut Corporate Tax Rate to 28 Percent
Ezra Klein / Washington Post:
Wonkbook: Tax reform is really, really hard
Daily Mail:
50p tax is ‘not working’: Amount of total income revenue falls as rich make plans to avoid higher rate
Discussion: NetRight Daily and Michelle Malkin
ABCNEWS:
Chris Christie: Rick Santorum's Satan Comments Are Relevant  —  Rick Santorum says his 2008 comments that “Satan has set his sights on the United States of America” are “not relevant” to the 2012 presidential race, but Chris Christie told me on “GMA” that Santorum is wrong.
RELATED:
Ed Kilgore / Washington Monthly:
Get Thee Behind Me!  —  Ah, you just gotta love the MSM and its blinders!  —  Thanks to a handful of obscure researchers and bloggers (I first noticed the story at People for the American Way's Right Wing Watch, but others may have gotten there first), and to the subsequent efforts of a handful …
Discussion: Eschaton
Byron York / Campaign 2012:
Team Santorum: U.S. is with Rick on devil belief  —  MESA, Ariz. — Some of Rick Santorum's advisers are frustrated and angry that reporters are focusing more on their candidate's statements about Satan than on his positions on the issues.  Here in Arizona Tuesday, Santorum faced repeated questioning …
Mark Murray / msnbc.com:
NBC poll: Romney, Santorum deadlocked in Michigan; Romney leads in Arizona
Mollie Reilly / The Huffington Post:
Alan Simpson: Rick Santorum Is ‘Rigid And A Homophobic’
Discussion: Mediaite and CBS News
Associated Press:
Poll: Santorum surges, Obama leads Republicans
Anita Kumar / Washington Post:
Virginia governor no longer fully supports ultrasounds before abortions  —  RICHMOND — Gov. Robert F. McDonnell is backing off his unconditional support for a bill requiring women to have an ultrasound before an abortion, focusing new attention on one of the most controversial pieces …
Noam Scheiber / The New Republic:
EXCLUSIVE: The Memo that Larry Summers Didn't Want Obama to See  —  For the past three years, Washington journalists and politicos have obsessed over a 57-page memo that Barack Obama's incoming economic team prepared for him in late 2008.  The document has achieved such totemic status for good reason …
Megan McArdle / The Atlantic Online:
Some More Thoughts on Heartland  —  I know that many of you are probably sick of this story, for which I apologize.  I'm crunching on a column after a weekend family emergency, so the other blogging which would normally be interspersed with the Heartland stuff is going to be very light through at least tomorrow.
Discussion: The PJ Tatler
RELATED:
Tim Mak / Politico:
Chris Christie tells Warren Buffett: ‘Shut up’  —  Chris Christie has heard enough about Warren Buffett, and in typical fashion, the New Jersey governor had a certain blunt way of putting it.  —  “He should just write a check and shut up,” Christie said Tuesday on CNN's “Piers Morgan Tonight.”
RELATED:
Greg Sargent / Washington Post:
A simple solution to inequality: Stop talking about it
Bob Drummond / Bloomberg:
Stocks Return More With Dem in White House  —  While Republicans promote themselves as the friendliest party for Wall Street, stock investors do better when Democrats occupy the White House.  From a dollars- and-cents standpoint, it's not even close.  —  The BGOV Barometer shows that …
Discussion: Taegan Goddard's …
RELATED:
Joshua Green / Business Week:
Dow 13,000? Thank Democrats
American Prospect:
The End of Affirmative Action in College  —  As my colleague Jamelle Bouie noted yesterday, the Supreme Court agreed to hear Fisher v. UT Austin, a challenge to the use of affirmative action for undergraduate admissions at the University of Texas.  I wish I could make a case for more optimism …
RELATED:
New York Times:
The Court and Citizens United II
Discussion: Washington Monthly
Igor Volsky / ThinkProgress:
Democratic Lawmaker Responds To ‘Fetal Pain’ Bill With Measure Limiting Vasectomies  —  A Democratic lawmaker in Georgia is responding to a Republican-backed effort to prevent women from receiving abortions 20 weeks after fertilization with a tongue-in-cheek measure that seeks …
William Saletan / Slate:
The Conversion  —  How, when, and why Mitt Romney changed his mind on abortion.  —  To understand Mitt Romney, you have to understand the most difficult passage of his political life: how he changed his position on abortion.  Not the story he tells about it, but the real story.
James Taranto / Wall Street Journal:
Mystification and Triumphalism  —  Why the left can't handle the truth about social conservatism.  —  Social liberals have two basic approaches to social conservatism: mystification and triumphalism.  Both reflect a failure of understanding—but more than that, an incapacity to understand …
William A. Jacobson / Le·gal In·sur·rec· tion:
Someone forgot to obtain a waiver  —  Multiple metaphors in this photo.  —  From reader Eric: … Metaphor Alert:
New York Times:
Two Western Journalists Killed in Syria Shelling  —  CAIRO — Two Western journalists, one American and one French, were killed early Wednesday as forces loyal to President Bashar al-Assad pursued a deadly bombardment of the central city of Homs, according to activists and officials.
Nick Bilton / Bits:
Google to Sell Heads-Up Display Glasses by Year's End  —  People who constantly reach into a pocket to check a smartphone for bits of information will soon have another option: a pair of Google-made glasses that will be able to stream information to the wearer's eyeballs in real time.
Tom Jensen / Public Policy Polling:
Washington State Poll  —PPP finds the race for Governor of Washington tied, with Jay Inslee and Rob McKenna each at 42%.  McKenna had led 40-38 on PPP's only previous poll of the race, last May.  The reason Inslee has closed that small gap is that he's now getting the same percentage …
Discussion: Seattle Times and ThinkProgress
Andrew Kaczynski / BuzzFeed:
Rick Santorum: Evolution Is Used To Promote Atheism  —  The former Pennsylvania Senator was a champion of creationism in the Senate.  —  Rick Santorum campaigns at the First Baptist Church in Naples, Florida.  (Reuters)  —  Rick Santorum's social conservatism isn't limited to his views …
KHOU-TV:
1 passenger detained after disturbance on Continental flight headed to Houston  —  HOUSTON—Charges may be filed against a man accused of causing a disturbance on a Continental Airlines flight bound for Houston on Tuesday.  —  Passengers said the man was a hassle from the beginning and once …
 
 
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 More Items: 
Josh Gerstein / Politico:
Court ruling keeps federal mugshots secret
Discussion: Law Blog
Eric Singer / Investor's Business Daily:
If Economy's Improving, Why Is Dependency Growing?
John Harwood / The Caucus:
Romney Details Tax Overhaul
Discussion: National Review
Amie Parnes / The Hill:
Obama says African-American museum ‘has been a long time coming’
Discussion: Politico
 Earlier Items: 
Byron Tau / Politico:
Obama campaign announces co-chairs
Discussion: Weasel Zippers
Mike Allen / Politico:
Playbook: Ashes at debate
 

 
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