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Tag: Taxes

‘Left, Right & Center’: Cars, Contraception and China

What is it about this particular election cycle that’s causing Republican candidates’ fortunes to rise and fall so rapidly the pundits are practically getting whiplash? And does our nation’s debt problem have more to do with defense spending or so-called entitlement programs?

Posted on Feb 17, 2012 READ MORE



jamiehladky (CC-BY)

Critical, Reluctant and Desperate

Something interesting happens when hardworking, fiscally minded Americans find themselves on the public dole: They resent the government that lends a hand and feel guilty for accepting help. A major article from The New York Times documents the anxiety, frustration and confusion of a growing class of dependent Americans.

Posted on Feb 12, 2012 READ MORE


An Argument Obama Can Win

If you heard a loud “gulp” Tuesday night after President Obama’s State of the Union address, it probably came from Republican political strategists as they realized their party’s odds of capturing the White House this fall are getting longer.

Posted on Jan 26, 2012 READ MORE


Gazillions

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Posted on Jan 23, 2012 READ MORE


Tax Day: Will Romney Make April Fools of Republicans?

Who does Mitt Romney think he is fooling with this charade? Republicans are rightly concerned that his sense of entitlement, symbolized by the tax question, will damage their party’s chances next fall.

Posted on Jan 20, 2012 READ MORE


Did Reagan Raise Taxes? Let GOP Candidates Answer

Politicians and their flacks lie every day, but it is unusual for someone prominent to utter a totally indefensible falsehood like the whopper that just sprang from the mouth of Eric Cantor’s press secretary on national television.

Posted on Jan 5, 2012 READ MORE


GOP Caves on Payroll Tax

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Posted on Dec 24, 2011 READ MORE


Obama Benefits From Republican Civil War

Finally. After a year of artful camouflage and concealment, Republicans let us glimpse the rift between establishment pragmatists and tea party ideologues. There may be hope for the republic after all.

Posted on Dec 23, 2011 READ MORE


How the Speaker Stole Christmas

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Posted on Dec 22, 2011 READ MORE



Wikimedia Commons / U.S. House of Representatives

House Nixes Tax-Break Bill

Once again, folks, we have deadlock on Capitol Hill. Happy holidays! Although President Obama and the majority of the U.S. Senate hoped that the House of Representatives would cooperate and pass legislation that would extend unemployment benefits and a payroll tax break, that didn’t happen Tuesday.

Posted on Dec 20, 2011 READ MORE



Doug Wilson

30 Companies Paid Lobbyists More Than the IRS

An analysis by Public Campaign reveals that between 2008 and 2010, 30 of America’s most profitable companies, including Verizon, Wells Fargo, FedEx, GE and Mattel, spent more money buying influence in Washington than they did paying taxes. (Full list after the jump.)

Posted on Dec 18, 2011 READ MORE



Lord Jim (CC-BY)

Latest New York Tax Reforms Disproportionately Benefit the Rich

Many in the media are touting a recent overhaul of the state of New York’s tax scheme as a sign of a new age of increased burden for top earners and a victory for the 99 percent. But close inspection reveals that such comparisons exclude the contributions of a soon to expire, 3-year-old “millionaires’ tax,” and the new codes favor the rich.

Posted on Dec 10, 2011 READ MORE



Pat Arnow (CC-BY-SA)

Will Popular Reformer Cuomo’s Plan Tax the 1 Percent?

Held aloft by the highest approval ratings of any governor in America, Andrew Cuomo now plans a sweeping tax reform that is expected to demand more, not less, from New York’s wealthiest.

Posted on Dec 8, 2011 READ MORE


America, Meet the Mouth of John Burton

California Democratic Party Chairman John Burton has a certain way of talking that is familiar and even entertaining to those who know him, but “The Daily Show” seemed genuinely shocked to discover a politician who doesn’t give a shit about our Victorian sensibilities.

Posted on Dec 6, 2011 READ MORE



Kenny Louie (CC-BY)

Will Moderates Defeat Moderation?

Some of my middle-of-the-road columnist friends keep ascribing our difficulties to structural problems in our politics. But the problem we face isn’t about structures or the party system. It’s about ideology.

Posted on Nov 27, 2011 READ MORE


GOP Panic Button

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Posted on Nov 22, 2011 READ MORE


‘Super Committee’ Fails to Overcome Republican Dogma

There are people on the right capable of arithmetic, but anyone who calls for revenue out loud is branded a heretic in Republican circles, where tax cuts are not a matter of policy but of faith.

Posted on Nov 21, 2011 READ MORE



DonkeyHotey (CC-BY-SA)

The Easiest Way to Cut the Deficit

Here is a surefire way to cut $7.1 trillion from the deficit over the next decade. Do nothing.

Posted on Nov 16, 2011 READ MORE



Wikimedia Commons

Study: Nearly Half of Congress Members Are Millionaires

The shiny ideal of representative democracy starts dimming a bit when one considers factors and figures like those charted in a new study about U.S. Congress members’ personal finances. According to the Center for Responsive Politics, 249 current members are millionaires—that’s about 47 percent. (more)

Posted on Nov 15, 2011 READ MORE



codepinkhq (CC-BY)

The Gitmo Price Tag

The Obama administration puts the cost of holding each of Guantanamo’s 171 prisoners at about $800,000 per year, or a total of $136 million taken from taxpayers’ pockets annually. That’s more than 30 times what it costs to keep an individual captive on U.S. soil. (more)

Posted on Nov 13, 2011 READ MORE



Kevin Dooley (CC-BY)

American Decline Is Crushing the Middle Class

Only 21 percent of all respondents in a new poll think the lives of their children will be better than their own.

Posted on Nov 2, 2011 READ MORE



Gage Skidmore (CC-BY-SA)

Speaking Up for That ‘1 Percent’

Before Paul Ryan delivers another lecture on the “fatal conceit of liberalism,” he ought to examine his own silly conceit: that he and others like him represent the hardworking majority, when he was merely born at the top.

Posted on Oct 28, 2011 READ MORE



Gage Skidmore (CC-BY-SA)

Perry, Cain and Flat Earth Government

It’s one of the strangest things in our politics: The only “big” ideas Republicans and conservatives seem to offer these days revolve around novel and sometimes bizarre ways of cutting taxes on rich people.

Posted on Oct 23, 2011 READ MORE



Gage Skidmore (CC-BY-SA)

Nice Debates, Guys, but You’re in Trouble

So what did we learn these last few weeks? To begin with, Republicans are people too.

Posted on Oct 20, 2011 READ MORE



Mike Shane

Naomi Wolf Arrested in New York

Truthdig contributor Madison Shockley reports that the author and political consultant was arrested after leaving a Huffington Post event in lower Manhattan honoring New York Gov. Andrew Cuomo.

Posted on Oct 18, 2011 READ MORE



Gage Skidmore (CC-BY-SA)

The Tax Hikes That Republicans Love

Rather than close the grossest loopholes and deductions exploited by billionaires, Republican politicians want to punish all those families living large on $300 a week by taxing them more.

Posted on Oct 16, 2011 READ MORE



EA via Wikipedia

Herman Cain’s Tax Plan Is Shared With ‘SimCity’

With presidential hopeful Herman Cain’s ascension to the top of the GOP field, everyone is talking about his 9-9-9 tax plan—or should we say “SimCity’s” 9-9-9 tax plan? (more)

Posted on Oct 13, 2011 READ MORE



Flickr / Mel R

U.S. Income Levels Plunged as Recession Lifted

More interesting, perhaps, than this New York Times article’s proffered data on falling household incomes and the reasons for same is its official timeline for our nation’s most recent recession: “ … From December 2007 to June 2009.” (more)

Posted on Oct 10, 2011 READ MORE



Flickr / zpeckler

Robert Reich Points a Way Out of the ‘Jobs Depression’

Government—the purchaser of last resort—must intervene to revive a sickly economy when consumers and businesses can’t do it on their own, says the award-winning political economist Robert Reich. (more)

Posted on Oct 2, 2011 READ MORE


Moneybags

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Posted on Sep 29, 2011 READ MORE



David Nallah (CC-BY)

Class Warfare: Bring It On!

President Obama came out here last Tuesday to proclaim himself a "warrior for the middle class." Would that it were true.

Posted on Sep 28, 2011 READ MORE



White House / Pete Souza

Why They Hate Warren Buffett

You can’t accuse a big capitalist of “class warfare.” That’s why the right wing despises Warren Buffett and is trying so hard to shut him up.

Posted on Sep 28, 2011 READ MORE



Flickr / epSos.de

Demanding More of the Wealthy

If you’re tuned into your social surroundings, you’re likely to hear people arguing over whether raising taxes on the rich would be a good thing or a bad thing for Americans. With election season on its way, the noise and volume are bound to rise. (more)

Posted on Sep 26, 2011 READ MORE


Warren Buffett Recruits

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Posted on Sep 22, 2011 READ MORE


Facebook

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Posted on Sep 22, 2011 READ MORE



White House / Pete Souza

The Fight-Back Plan

The GOP and its upper-crust patrons have been waging an undeclared but devastating war against middle-class, working-class and poor Americans for decades. Now they scream bloody murder at the notion that long-suffering victims might finally hit back.

Posted on Sep 19, 2011 READ MORE



AP / Evan Vucci

Obama Does the Math on Deficit Reduction

President Obama rolled out a plan on Monday to reduce the federal deficit by $3 trillion over the next decade by combining cuts to benefit rights and war savings with tax increases. (more)

Posted on Sep 19, 2011 READ MORE



White House / Pete Souza

Obama to Announce New Tax Plan for Millionaires

On Monday, President Obama is expected to call for a new minimum tax rate for Americans making more than $1 million a year. The proposal will be called the “Buffett Rule,” after billionaire investor Warren Buffett, who has complained that rich Americans are not paying their fair share in taxes. (more)

Posted on Sep 18, 2011 READ MORE



Gulfstream

Obama Will Make the Wealthy Pay for His Jobs Bill

White House Budget Director Jack Lew revealed Monday that the administration plans to raise $467 billion in tax revenue from people making more than $200,000 a year, investment fund managers, the oil and gas industry and owners of corporate jets. (more)

Posted on Sep 12, 2011 READ MORE



Flickr / Pink Sherbet Photography

Video Game Companies Cash In on Tax Tokens

American video game developers are benefiting from an odd combination of tax breaks many analysts say are intended to encourage industries that serve the public good by providing broadly valuable social services. (more)

Posted on Sep 11, 2011 READ MORE



White House / Pete Souza

Obama Tells Congress Americans Don’t Have 14 Months

By far the most stirring line in the president’s jobs speech Thursday was his acknowledgment that “the next election is 14 months away and the people who sent us here—the people who hired us to work for them—they don’t have the luxury of waiting 14 months.”

Posted on Sep 8, 2011 READ MORE



Flickr / thisisbossi (CC-BY-SA)

California Strikes a Deal With Amazon

California legislators cut a tentative deal with Amazon.com Wednesday night that would allow the online retail giant to postpone collecting sales taxes from Californians until September 2012. (more)

Posted on Sep 8, 2011 READ MORE


Labor Day

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Posted on Sep 4, 2011 READ MORE



calebjc (CC-BY-SA)

Who Pays for God’s Revenge?

Are we a nation of brothers who come to the aid of each other? Or are we just a crowd of folks out for ourselves? Why have a country if we don’t use it to help each other?

Posted on Aug 31, 2011 READ MORE



FEMA News Photos / G. Mathieson

Eric Cantor Exploits Disaster, Pushing Budget Cuts

The No. 2 GOP leader in the House says additional funds for FEMA will have to be matched by budget cuts, and we know from past experience what that means: less funding for programs that assist the poor and elderly without a hope of raising taxes. Michael “Heckuva Job” Brown thinks it’s a good idea. (more)

Posted on Aug 30, 2011 READ MORE



Flickr / BriYYZ (CC-BY-SA)

Temporary Deal Has FAA Back Up and Running

The Senate voted Friday to temporarily fund the Federal Aviation Administration, putting 74,000 transportation and construction workers back on the job until September. (more)

Posted on Aug 5, 2011 READ MORE



Flickr / hyku (CC-BY-SA)

Congress Fails to End FAA Shutdown

Lawmakers failed Tuesday to extend the power of the Federal Aviation Administration to regulate tax funding, leaving thousands of airline employees out of work while Congress takes a monthlong holiday.

Posted on Aug 2, 2011 READ MORE


Moving Forward, Obama Says Medicare, Taxes Still Open for Discussion

President Obama spoke to the nation just after the Senate passed a bill to raise the debt ceiling and shortly before he signed it into law.

Posted on Aug 2, 2011 READ MORE



Flickr / the-father

Corporate Front Group Burns Americans

ALEC, the American Legislative Exchange Council, is a secretive association of corporations and state legislators that has been crafting public policy to suit corporate interests since 1973. The organization is not new, but the opportunity to review ... (more)

Posted on Aug 1, 2011 READ MORE



White House / Pete Souza

‘A Terrible Deal’

In an editorial published shortly after the announcement of a new deal to raise the debt ceiling, The New York Times calls the agreement a “nearly complete capitulation to the hostage-taking demands of Republican extremists.”

Posted on Jul 31, 2011 READ MORE


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