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Tag: Taxes


Todd Akin Apologizes, Krugman Calls Out Ryanomics, and More

A look at the day’s political happenings, including what Mitt Romney may be hiding in his tax returns and Fox News’ coverage of a controversial “legitimate rape” comment by Rep. Todd Akin, shown above.

Posted on Aug 20, 2012 READ MORE


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swanksalot (CC BY-SA 2.0)

Let’s Get Ready to Crumble

The American Society of Civil Engineers has awarded America’s roadways a grade of D-, rated one in four bridges as “structurally deficient or functionally obsolete” and warned that thousands of American dams are on the verge of failure.

Posted on Aug 18, 2012 READ MORE


‘Left, Right & Center’: The 13 Percent Solution

Was Mitt Romney’s selection of Paul Ryan as running mate a smart pick? The candidates’ competing visions for the future of Medicare have eclipsed most of their other scenarios recently, and Romney told his inquisitors that he’d paid at least 13 percent in taxes in the past 10 years. The “Left, Right & Center” panelists debate these issues and more on this week’s show.

Posted on Aug 17, 2012 WATCH & LISTEN



Romney Tax Revelation, Ryan’s Budget Admission, and More

A look at the day’s political happenings, including Sen. John McCain’s advice to President Obama and Rep. Paul Ryan’s stimulus hypocrisy talk.

Posted on Aug 16, 2012 READ MORE



Ryan Meets Adelson, White House Race Gets Nastier, and More

A look at the day’s political happenings, including Romney budget specifics and why the 2012 Congress could be one of the worst ever.

Posted on Aug 15, 2012 READ MORE



Paul Ryan’s Hypocrisy, Another Clinton Candidate, and More

A look at the day’s political happenings, including the Republican National Convention keynote speaker revealed and Stephen Colbert offers some “praise” for Mitt Romney’s VP choice.

Posted on Aug 14, 2012 READ MORE



Flickr/Donkey Hokey

How You Personally Could Get Screwed by Paul Ryan

Are you poor? Female? A student? A veteran? Planning on growing old? Zach Woods of “The Office”? Well, congratulations! If Mitt Romney is elected president, then you’re definitely going to get screwed by his running mate Paul Ryan! Click below to find out how.

Posted on Aug 13, 2012 READ MORE



Ryan Not Qualified, Gabby Giffords’ Latest Milestone and More

A look at the day’s political happenings, including more Romney hypocrisy about tax returns and Sarah Palin’s Republican National Convention announcement.

Posted on Aug 13, 2012 READ MORE


Mitt’s Secret









Posted on Aug 12, 2012 ENLARGE



GOP Catch-22, ‘Romney Hood’ vs. ‘Obamaloney,’ and More

A look at the day’s political happenings, including more speculation on Romney’s running mate and sh*t that Rep. Allen West says.

Posted on Aug 7, 2012 READ MORE


Warring Over Tax Returns

Mitt Romney’s defiant secrecy about his personal finances looks like a cross Republicans will have to bear all the way to Election Day. To put it mildly, the burden seems to chafe.

Posted on Aug 6, 2012 READ MORE


Romney Tax Plan









Posted on Aug 3, 2012 ENLARGE



A Ridiculous Obama Rumor, Romney’s Tax Increases, and More

A look at the day’s political happenings, including another GOP lawmaker goes birther and Jon Stewart mocks the Romney campaign’s latest international gaffe.

Posted on Aug 1, 2012 READ MORE



An AIDS-Free Generation: Dream or Future Reality?

The International AIDS Conference is making dangerously impossible promises about putting an end to the epidemic; the London Olympics’ opening ceremonies included a unique tribute to free, universal health care; meanwhile, British graffiti artist Banksy has proved he will not be erased. These discoveries and more after the jump.

Posted on Jul 29, 2012 READ MORE



Photo by Joel Gonsalves (CC-BY)

Is America Crazy?

Are we just dangerous people living out fantasies and lies?

Posted on Jul 29, 2012 READ MORE



aresauburn™ (CC BY-SA 2.0)

Mountain of Corporate Cash Sits Idle (Video)

Figures from the Internal Revenue Service suggest that nonfinance companies based in the United States are holding more than $5 trillion in cash, triple what the Federal Reserve reports—idle money that Reuters columnist David Cay Johnston suggests would be better spent creating jobs, paying dividends and sharing the burden of taxes.

Posted on Jul 20, 2012 READ MORE



Romney Tax Theories, Boehner Slams Bachmann, and More

A look at the day’s political happenings, including a DNC apology to Ann Romney and a new political attack ad that focuses on a bar called The Horny Toad and a stripper.

Posted on Jul 19, 2012 READ MORE


Dangerous









Posted on Jul 17, 2012 ENLARGE



Sununu Channels Limbaugh, Stewart Mocks Romney on Taxes, and More

A look at the day’s political happenings, including what Ron Paul is asking of Mitt Romney and a list of the top super PAC donors.

Posted on Jul 17, 2012 READ MORE



Photo by Gage Skidmore (CC-BY-SA)

Problems of Mitt’s Own Making

Through a series of miscalculations, Mitt Romney has managed to turn what should have been a minor hiccup into what may be a defining moment, and not in a good way.

Posted on Jul 16, 2012 READ MORE



Romney’s Retroactive Retirement, Weiner Mulls Political Comeback, and More

A look at the day’s political happenings, including Stephen Colbert’s super PAC trend and Pat Robertson giving some pretty bad dating advice.

Posted on Jul 16, 2012 READ MORE



(CC-BY-SA)

Krugman: The Politics of Personal Attacks

The past week demonstrates how Campaign 2012 has devolved into a series of calculated personal attacks devoid of the substantive issues and policies that should be dominating the national political conversation.

Posted on Jul 16, 2012 READ MORE



GOP Hearts Condi, H.W. Bush Disses Norquist Tax Pledge, and More

A look at the day’s political happenings, including Mitt Romney sitting down for five TV interviews and Geraldo Rivera’s latest controversial remark about Trayvon Martin’s hoodie.

Posted on Jul 13, 2012 READ MORE


If We’re Headed Toward Greece, Republicans Are Driving Us There

The central problem in Greece is the government’s failure to collect what taxpayers (especially wealthy taxpayers like Mitt Romney) actually owe under the law.

Posted on Jul 13, 2012 READ MORE



Romney Booed at NAACP Speech, Lower Taxes and More

A look at the day’s political happenings, including the Republicans’ 33rd(!) attempt to repeal Obamacare and gay marriage getting put to a vote in Maryland.

Posted on Jul 11, 2012 READ MORE


Political Baggage









Posted on Jul 10, 2012 ENLARGE


Opening Ceremonies









Posted on Jul 9, 2012 ENLARGE



White House/Pete Souza

Obama Calls for Bush Tax Extension for Middle Class

President Obama on Monday urged Congress to pass a one-year extension of the Bush tax cuts for those earning less than $250,000 a year. The president also called for the tax cuts on Americans making more than $250,000 a year to once and for all expire, setting up what will surely be an election year showdown between himself and Republicans on a crucial economic issue.

Posted on Jul 9, 2012 READ MORE



(CC-BY-SA)

Krugman: What Is Wealthy Mitt Hiding?

“Like father, like son” the old saying goes. But according to New York Times columnist Paul Krugman’s latest Op-Ed, Mitt Romney is nothing like George Romney, as far as wealth and the disclosure of it are concerned. And that is not a good thing.

Posted on Jul 9, 2012 READ MORE



AP/Evan Vucci

Romney’s Plan for America

Now that the Supreme Court has reprieved the Affordable Care Act and Mitt Romney has renewed his pledge to dismantle it, let’s try again to pierce the Republican presidential candidate’s protective coat of vagueness and think about where he would take the country.

Posted on Jul 4, 2012 READ MORE


The Sequesteroid

In this installment of “A Brodner Minute” from “The Washington Spectator,” the artist muses over the impending calamity of automated budget cuts.

Posted on Jun 28, 2012 WATCH & LISTEN



AP/Charles Dharapak

Supreme Court Leaves Romney in the Cold

Mitt Romney and his advisers have not yet grasped that the health care decision written by Chief Justice John Roberts has changed the terms of the debate.

Posted on Jun 28, 2012 READ MORE


Simplicity









Posted on Jun 25, 2012 ENLARGE



Screen cap from CNBC

Clinton Backs Bush Tax Cuts in the Short Term (Video)

While President Obama says he would like to extend tax cuts only for the middle class, former President Bill Clinton is advocating a full extension of cuts, including those benefiting the wealthy, for political and economic reasons.

Posted on Jun 5, 2012 READ MORE



Photo by (CC-BY)

A Campaign Without Ideology: Profile of a Unicorn

What might a reasonable, constructive presidential campaign look like?

Posted on Jun 3, 2012 READ MORE


Taxmegeddon









Posted on May 26, 2012 ENLARGE



Talk Radio News Service

Schumer ‘Appalled’ by Conservative Reaction to Tax-Dodger Bill

Sen. Chuck Schumer is ripping conservatives for their response to legislation he co-sponsored that would punish those who renounce their citizenship to avoid paying taxes. The bill was introduced after Facebook co-founder Eduardo Saverin gave up his U.S. citizenship right before he was expected to earn billions from the company’s much anticipated IPO.

Posted on May 24, 2012 READ MORE


The Tea Is Getting Weaker

Uh-oh! Some people are looking over the right shoulders of the Republicans who rode into the House of Representatives on the tea party wave of 2010. And they don’t like what they’re seeing.

Posted on May 17, 2012 READ MORE


Romney’s Clintonesque Moment

Mitt Romney was against Bill Clinton before he was for him.

Posted on May 16, 2012 READ MORE



Pete Souza/The White House

Report: Under Obama, Taxes, Deficit and Spending All Down

Despite what Republicans and the tea party would like to have Americans believe, taxes, spending and the deficit are all lower than when President Obama took office.

Posted on May 16, 2012 READ MORE


Taxes, Riots and Prostitutes

This week on Truthdig Radio in association with KPFK: Thousands of companies are withholding and keeping their employees’ state income taxes; 20 years after the L.A. riots: Whites don’t see the racial divide everyone else senses; the Secret Service and masculinity in Colombia; and Robert Scheer sounds off.

Posted on Apr 20, 2012 WATCH & LISTEN



Photo illustration from an image by Colin Grey (CC-BY)

Taxes, Riots and Prostitutes

This week on Truthdig Radio in association with KPFK: Thousands of companies are withholding and keeping their employees’ state income taxes; 20 years after the L.A. riots: Whites don’t see the racial divide everyone else senses; the Secret Service and masculinity in Colombia; and Robert Scheer sounds off.

Posted on Apr 20, 2012 READ MORE


IRS Form 1040 Buffett









Posted on Apr 16, 2012 ENLARGE



scott_bl8ke (CC-BY)

Republicans Block the Buffett Rule

Senate Republicans shot down a move to open debate on a rule supported by President Obama, congressional Democrats and the billionaire investor for whom it’s named that would force the wealthiest Americans to pay a minimum tax rate of 30 percent.

Posted on Apr 16, 2012 READ MORE



AP/Richard Drew

Bank of New York Case Tests IRS Power to Halt Foreign Tax Abuses

In November 2001, the Bank of New York quietly transferred nearly $8 billion of its assets—almost 10 percent of its holdings at the time—to a trust in the small, business-friendly state of Delaware in a critical first step in setting up a tax shelter that has cost the government more than $1 billion in revenue in the past decade.

Posted on Apr 16, 2012 READ MORE


What’s in a Name? George W. Regrets Dubbing Those ‘Bush Tax Cuts’

When George W. Bush made his first public appearance in many months to discuss economic policy in New York on Tuesday, his utterances may have revealed more than he intended.

Posted on Apr 12, 2012 READ MORE


The Haves and the Have Nots









Posted on Apr 10, 2012 ENLARGE



AP / Jacquelyn Martin

The Quiet Revolution in America’s Statehouses

What’s a pittance for a super PAC can buy a state senator, beginning with financing a campaign and continuing support into the statehouse. These campaigns to take over state governments will grow as business sees the possibilities.

Posted on Mar 22, 2012 READ MORE


‘NOVA’: Mind Over Money

Groundbreaking research in behavioral economics may pose the greatest academic threat ever to free-market theory, suggesting that emotions linked to brain chemistry—not rational self-interest—play a deciding role in how we spend, save and invest.

Posted on Mar 17, 2012 WATCH & LISTEN


Precious Romney









Posted on Mar 2, 2012 ENLARGE


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