Who says I never let y’all have fun on the weekend?

For your weekend entertainment pleasure — at least if you’re a nerd like me — I present:

Tax Reform: The Game.

Feels like it needs a bit more, huh? How about:

Tax Reform: The Game!

That’s better.

All joking aside, this is a pretty neat interactive site created by Christine Ries, an economist at Georgia Tech and member of the special council on tax reform which the Legislature created three years ago to produce reform recommendations. Reform recommendations it largely went on to ignore, that is.

But, had those recommendations not largely been ignored, there would be no reason for Tax Reform: The Game. In it, Ries has included several of the recommendations the council made. Players can mix and match them — and see how their choices would affect state revenues.

Here’s a preview of what it looks like, though you’ll have to click through one of the links above to actually play the game:

Tax Reform The Game

And if fiscal fun isn’t your idea of a good time this weekend, feel free to use the thread below to discuss other topics.

(H/t to, and more information about the game available at the site of, the Georgia Public Policy Foundation.)

– By Kyle Wingfield

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486 comments Add your comment

Aesop's Fables and other Lib Economic Theories

February 8th, 2013
5:38 pm

When you add future pension obligations it crashes their server.

Centrist

February 8th, 2013
5:42 pm

Does this include unfunded mandates for Obamacare and proposed immigration “reform” (read amnesty) costs?

getalife

February 8th, 2013
5:44 pm

Tax reform is more welfare for the wealthy.

indigo

February 8th, 2013
5:44 pm

Quite honestly, it gives me a headache just thinking about it.

Hillbilly D

February 8th, 2013
5:49 pm

The game is just half the equation. What about all the subsidies and breaks they hand out down at the Gold Dome. Didn’t see anything about those in the game.

Dusty

February 8th, 2013
6:06 pm

Awww Kyle, this is about as much fun as going to the dentist. Then the screechy music will start. If things get too raucous, I’ll throw some poetry together and that will run ‘most everybody off.

Anyway, have a nice weekend but don’t go to New England. Unless you like to ski and shovel, that is.

MarkV

February 8th, 2013
6:11 pm

The tax game is cute, but rather pointless for people outside the government. The pie chart if particularly useless – changing percentages of revenue? Thus the only significant result is the impact on the total revenue, which is again useless without a goal and its justification.

Aesop's Fables and other Lib Economic Theories

February 8th, 2013
6:28 pm

Well, I see that the hagel nomination is going swimmingly -

“He has the votes, but not much else,” writes Ricks. “His big problem is that no one much wants him running the Pentagon. Congressional Republicans consider him a traitor. Congressional Democrats see him as anti-gay and anti-abortion, undercutting their support for him. And Northeastern Democrats (and some others) worry about his stance on Israel. Democratic support in the Senate appears more dutiful than passionate.”

So get this, the dummycrats know the guy is a disaster but can’t travel off the plantation.

Nice, always do what’s right for the country, er, I mean, party.

F. Sinkwich

February 8th, 2013
6:39 pm

I wonder if O’bozo plays this or something like it.

I’m guessing no.

He doesn’t care.

Hillbilly D

February 8th, 2013
6:47 pm

CC

February 8th, 2013
6:58 pm

Bruno

February 8th, 2013
7:07 pm

And if fiscal fun isn’t your idea of a good time this weekend, feel free to use the thread below to discuss other topics.

Thanks for the leeway, Kyle. I know that you are a bit more serious about keeping things on topic than your liberal counterpart, but you have to reward your loyal bloggers with some freedom. We had a great time last Fri night here slinging some tunes around. It’s about the only time that the Libs and Cons get along here.

Bruno

February 8th, 2013
7:09 pm

Hope that no one else’s heart is broken like mine right now:

http://www.youtube.com/watch?v=g7TtfHkvxao

CC

February 8th, 2013
7:12 pm

“I wonder if O’bozo plays this or something like it.”

Not as long as the printing presses work and there are willing lenders . . .

Hillbilly D

February 8th, 2013
7:33 pm

These guys were a comedy act but they were actually first rate musicians. Check out the chops in this one.

http://www.youtube.com/watch?v=3eYIa9ZTCLQ

td

February 8th, 2013
7:34 pm

Here is a respected article and study that points out what most conservatives have known for sometime and that is the “Community Reinvestment act” and the Dems caused the recession.

“Democrats and the media insist the Community Reinvestment Act, the anti-redlining law beefed up by President Clinton, had nothing to do with the subprime mortgage crisis and recession.

But a new study by the respected National Bureau of Economic Research finds, “Yes, it did. We find that adherence to that act led to riskier lending by banks.”

Added NBER: “There is a clear pattern of increased defaults for loans made by these banks in quarters around the (CRA) exam. Moreover, the effects are larger for loans made within CRA tracts,” or predominantly low-income and minority areas.”

Read More At IBD: http://news.investors.com/ibd-editorials-perspective/122012-637924-faults-community-reinvestment-act-cra-mortgage-defaults.htm#ixzz2KMDbE7Nw
Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook

Bruno

February 8th, 2013
7:35 pm

Bruno

February 8th, 2013
7:38 pm

Here is a respected article and study that points out what most conservatives have known for sometime and that is the “Community Reinvestment act” and the Dems caused the recession.

Gotta throw the BS flag on that one, td. The fatal dropping of the lending standards had almost nothing to do with the CRA and had everything to do with greedy bankers and irresponsible consumers.

Sometimes you have to look past politics to see the truth.

Hillbilly D

February 8th, 2013
7:39 pm

In my neck of the woods, banks loaning to their developer buddies, for multiple spec houses, at one time, played a large part in the meltdown. They started banks with the intention of selling the bank in two years, so they loaned money like it was candy to make the bank look more attractive to a potential buyer. They wound up getting bit in the ass and taking a lot of folks down with them.

That’s, at least, how it worked up here.

Hillbilly D

February 8th, 2013
7:42 pm

Here’s a left-hander who plays upside down (most left-handers reverse the strings, including McCartney). Heck of a singer and great song, too.

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

Bruno

February 8th, 2013
7:46 pm

These guys were a comedy act but they were actually first rate musicians

Back in the 80s, I saw a duo very similar to that. One of the guys looked like Tommy Chong, and his partner looked like Goober. Apparently the Goober looking guy had written some big country hits including (I think) “You’re the Reason God Made Oklahoma” among others. One of their comedy songs set the lyrics from “Green Acres” to the tune “Purple Haze”. Funny as heck. I’ll look through youtube to see if I can find anything more.

Hillbilly D

February 8th, 2013
7:50 pm

Bruno

February 8th, 2013
7:50 pm

I saw several versions of “Green Acres” at youtube.

For my buddy HD:

http://www.youtube.com/watch?v=pPM7FmLtyPs

Hillbilly D

February 8th, 2013
7:52 pm

Bruno @ 7:50

As good a song as has ever been written, to me.

Bruno

February 8th, 2013
7:54 pm

The Geezinslaw Brothers maybe?

Wasn’t them, but they are funny as heck. Here’s “Help I’m White and I Can’t Get Down”:

http://www.youtube.com/watch?v=0NR8no4Fp5Y

td

February 8th, 2013
7:59 pm

Bruno

February 8th, 2013
7:38 pm

Go read the actual study my friend. It is very eye opening and not from a conservative political organization.

Hillbilly D

February 8th, 2013
7:59 pm

Here’s a heart-felt speech, followed by a ballad.

http://www.youtube.com/watch?v=08nDbtFpVR8

Bruno

February 8th, 2013
8:03 pm

It’s been out for a while, but I just started reading “The Dirt”, which is the story of Motley Crue. Even if you can’t stand their music, the book is interesting as hell.

http://www.youtube.com/watch?v=fopNdFMTK7Y

Aesop's Fables and other Lib Economic Theories

February 8th, 2013
8:12 pm

Dr. Benjamin Carson Addresses National Prayer Breakfast, Criticizes Obamacare

This guy goes off the plantation in obozo’s face.

Awesome. You have to see this.

http://www.realclearpolitics.com/video/2013/02/07/dr_benjamin_carson_addresses_national_prayer_breakfast_criticizes_obamacare.html

Bruno

February 8th, 2013
8:14 pm

Go read the actual study my friend. It is very eye opening and not from a conservative political organization.

I looked briefly at the “study”, and it wasn’t comprehensive in any sense of the word. In the end, the CRA based loans were just a drop in the bucket. The vast majority of the bad loans were along the lines of the scenario that HD described in his 7:39. By 2005, everyone and his brother got into the development/construction game, whether they knew what they were doing or not. Money was there for the asking, along with a cadre of dishonest appraisers who would write down whatever number you wanted.

If you want to point to bad legislation that led to the meltdown, the Phil Gramm sponsored bills which were signed into law by Bill Clinton in his last year in office were far more directly responsible.

Bruno

February 8th, 2013
8:17 pm

Back to some Clapton. I think HD said he liked this one a while back:

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

Aesop's Fables and other Lib Economic Theories

February 8th, 2013
8:19 pm

As recently as 2010, Jack Lew, President Obama‘s nominee to be the next secretary of the Treasury, had $56,000 invested in a CitiGroup venture capital fund based in the Cayman Islands’ notorious Ugland House, a building whose mailboxes are home to nearly 19,000 corporate entities, many of them tax shelters.

OK, so does Turbotax have an “invest my money overseas in a fake address account” function that he could have accidentally mashed? No? How about, “the money was stolen by Bush and that’s the last he saw of it?” He sent the check to the wrong address! The dog ate it. That was supposed to be for the hookers. How did it get there? They’ve been looking for it.

Hillbilly D

February 8th, 2013
8:22 pm

I’d put Greenspan right up there with Gramm as a villian of the piece. There were others but those two did as much as anybody.

I saw something a while back, forget where, and it was making the point that in the Savings and Loan scandal, about 300-400 people eventually wound up going to jail. In the Great Meltdown, we’ve seen a small potato or two on the local level but not a damn one responsible for the mess, has a thing to worry about as far as ever being prosecuted.

Bruno @ 8:17
One of the better songs off his best album, in my opinion.

Aesop's Fables and other Lib Economic Theories

February 8th, 2013
8:25 pm

Bruno – If you didn’t make the bad loans, then the CRA enforcement goons would “lower your score,” which had a serious racial inflection to it. Then, after the loans started failing, the government bought them and put up guarantees on future loans.

Who’s acting irresponsible under these conditions? Who started the free for all? Do you have any idea that the government is STILL pumping the bubble, with our children’s money, no less?

Bruno

February 8th, 2013
8:33 pm

If you didn’t make the bad loans, then the CRA enforcement goons would “lower your score,” which had a serious racial inflection to it. Then, after the loans started failing, the government bought them and put up guarantees on future loans.

Aesop–I understand, but again, that was only a small part of the picture. The vast majority of the loans that went bad had nothing to do with the CRA. According to this article, 80% of the subprime loans were made by banks who either weren’t subject to the CRA, or weren’t subject to inspection.

http://www.businessweek.com/investing/insights/blog/archives/2008/09/community_reinv.html

The bottom line is that you and td are damaging your own credibility here by not looking at the big picture.

CC

February 8th, 2013
8:41 pm

Jesse Jackson Jr. signs plea deal, headed for prison

Jackson’s case is being handled by the US Attorney’s office in Washington DC. While no public announcement is expected today, those with knowledge of the investigation believe the loose ends now deal with Jackson’s wife, former Alderman Sandi Jackson, and whether or not she is ultimately charged.

****
Like father, like son!

Bruno

February 8th, 2013
8:42 pm

I saw something a while back, forget where, and it was making the point that in the Savings and Loan scandal, about 300-400 people eventually wound up going to jail. In the Great Meltdown, we’ve seen a small potato or two on the local level but not a damn one responsible for the mess, has a thing to worry about as far as ever being prosecuted.

HD–In case you missed it, the DOJ recently filed a large civil suit against Standard and Poors for knowingly filing false credit ratings. Although seeing some folks go to jail might be emotionally gratifying, I think getting some of the money back would be more useful in the long run.

http://www.pbs.org/newshour/bb/business/jan-june13/sandp_02-05.html

Just Saying..

February 8th, 2013
8:50 pm

“proposed immigration “reform” (read amnesty) costs?”

You realize immigration reform will pass only with Republican votes…?

Bruno

February 8th, 2013
8:50 pm

Now if you really want to get your dander up, Aesop, you might question the veracity of Leon Panetta’s statement that the US military was unavailable or unable to respond to the Benghazi attacks. My military sources tell me that troops could have been deployed within 30 mins of the beginning of the attack, but they were never ordered into action.

http://pjmedia.com/tatler/2013/02/07/panetta-on-benghazi-u-s-military-not-a-911-service/

Of course, the truth will never see the light of day in this matter. The bumbling Repub Senators were more interested in grandstanding than in getting the truth out in the recent House and Senate Hearings. Hillary pretty much made wimps out of them. Pathetic.

Hillbilly D

February 8th, 2013
8:51 pm

Bruno @ 8:42

It’s good if they get the money back but still, that’s the company’s money. The guys who running the show need to pay, too. Otherwise, there’s no deterrent, in my view. I’m one of those old farts who believes that deterrence and punishment come before rehabilitation. It needs to hurt, when you do wrong.

Rafe Hollister preparing for an Obamanist America

February 8th, 2013
8:52 pm

Regarding the CRA and what caused the recent unpleasantness. Here is Ann Coulter’s take, she adds some new villains, I have not heard discussed before. Seems everyone has their own take on what caused it and no one accepts the other guys cause, because it doesn’t fit their ideology.

And, if the real causes of 2008’s financial collapse had been reported – in particular, the Financial Services Modernization Act of 1999 signed into law by Bill Clinton, the Commodity Futures Modernization Act of 2000 also signed into law by Bill Clinton, and the easing of Fannie Mae and Freddie Mac loan qualifications as a result of pressure by the Clinton administration – it’s questionable that Hillary would have beaten McCain

Read more: http://newsbusters.org/blogs/noel-sheppard/2013/02/08/coulter-you-really-wonder-if-democrats-would-win-any-elections-if-we#ixzz2KMXpsrh9

td

February 8th, 2013
8:52 pm

Bruno

February 8th, 2013
8:33 pm

Let us look at the big picture for a moment. The 20% you are talking about was writing loans and making a ton of money and they had invented a way to minimize their risk. Why would not the other 80% of the industry follow the example set by the 20% that was doing it by government sanction?

Bruno

February 8th, 2013
8:53 pm

I wonder if Clapton would have been as big as he became without JJ Cale:

http://www.youtube.com/watch?v=2IZ9feKpJkk

Aesop's Fables and other Lib Economic Theories

February 8th, 2013
8:56 pm

Bruno – If you heard there was gold in California……

Rafe Hollister preparing for an Obamanist America

February 8th, 2013
8:56 pm

From the same Coulter article cited above, about Benghazi.

Host Lawrence Kudlow began the segment by talking about Defense Secretary Leon Panetta’s testimony on Capitol Hill Thursday about President Obama not being around when our consulate was attacked in Benghazi, Libya, last September.

Kudlow then mentioned news reports on Thursday that Secretary of State Hillary Clinton also seemed to be unavailable during the seven hours of the attack.

“So Panetta didn’t talk to the President,” Kudlow said. “Panetta didn’t talk to Hillary Clinton. I don’t know who he talked to. All I know is nobody saved the four people, we didn’t see any American force. What’s up with that?”

I’m guessing that Barry and Hillary were practicing for DWTS together and just didn’t want to be interrupted.

Hillbilly D

February 8th, 2013
9:02 pm

Bruno

February 8th, 2013
9:03 pm

they had invented a way to minimize their risk. Why would not the other 80% of the industry follow the example set by the 20% that was doing it by government sanction?

td–If you will reread what you wrote, I can’t see how you’re still blaming the CRA. The mechanisms set in place as referenced by Rafe above allowed the dishonesty to happen. Key point is “allowed”. No one, whether bankers or consumers, was forced to be dishonest. IMO, attempting to politicize this is completely foolish.

Aesop's Fables and other Lib Economic Theories

February 8th, 2013
9:06 pm

Bruno – That’s only the Panetta lies that we know about. What about the CIA guy that was on the ground pointing a laser at a target that was never fired upon? Either a drone or a AC130 had to be on station for someone to expose themselves like that, why didn’t it fire? Just a single ten second burst from the AC 130, not even aimed at anything, would have dispersed al qaeda like rats running from a light.

Bruno

February 8th, 2013
9:08 pm

Bruno – If you heard there was gold in California……

I don’t know about you, but I was offered pretty much whatever line of credit I wanted by BOA back in the mid 2000s based on my income and credit score. I still chose to be responsible for the most part.

http://www.youtube.com/watch?v=TDilW50jf50

Hillbilly D

February 8th, 2013
9:08 pm

Bruno

Funny you should mention that. Just the other day I was talking to an ex-banking employee. I was giving basically the same opinion I gave here and the banker person said, “No it was the government’s fault for relaxing the rules”. My question is, all the banker had to do was say no, if they felt a loan was too risky, correct? Let’s be real, all the people involved were riding the gravy train and thought it would never end……..but it always ends.