Tag Archives: tax cuts

Merry Christmas Corporate America

Press Statement from Citizens For Tax Justice, Dec. 16, 2015: Following is a statement by Bob McIntyre, director of Citizens for Tax Justice, regarding the announcement of $680 billion tax cut package (split between the extenders and omnibus bills) to be considered by Congress in the next few days. – Read the full article

It’s April 15th, Time For Conservatives to Start Bashing Their Base

It’s tax time folks, the most festive season next to Christmas for Conservatives; a time for them to revel in smearing those less fortunate, while ignoring the obscene tax breaks given to Corporate America, and failed presidential candidates. This year, before Conservatives call out the dogs to perpetuate their “47% of Americans don’t pay taxes” rallying cry, and get the lemmings hatin’ on Grandma, our disabled veterans, and the poor, let’s put some  facts out there. – Read the full article

Jindal’s Budget Still Balanced on the Backs of the Poor

Louisiana’s Gov. Bobby Jindal (R) has reversed himself on his plan to stop providing hospice care for medicaid patients, which we told you about in an earlier post. Lest you think it’s a sign of a kinder, gentler Governor, think again; Jindal has simply refocused his disdain for the poor in his state. – Read the full article

Unhappy with Debt? Let All the Bush Tax Cuts Expire

Just how much do continuing the Bush tax cuts add to the debt? This graph couldn’t make it more clear. And yes, one can argue that letting the tax cuts on the middle-class expire would hurt the economy. But if you’re one of the right-wingers who are suddenly concerned about the debt we’re leaving to future generations (didn’t seem to matter to you under Bush), then you have to realize that your precious tax cuts make up the greatest percentage of the national debt. – Read the full article

Republicans Link Reagan/Bush Layoffs to Obama’s Re-election

Well, not really… not yet anyway, but give them time. The conservative blogosphere has decided that any lay-off, for any reason, in any industry, that occurs from now on, is the result of President Obama’s re-election. Conservative sites are full of headlines like: Share This Massive List Of Post-Election Firings And Layoffs With Everyone You Can More Mass Layoffs After Obama Reelection The ObamaCare Layoffs Begin One website, “The Economic Collapse”, salivates over anything negative in the economy to pin on the President; at the same time, the ignorant fools who read this stuff (those Conservatives who never fact check for themselves), eat it up and regurgitate it. – Read the full article

It’s D-Day in the Class War

“We cannot negotiate with those who say, ‘What’s mine is mine and what’s yours is negotiable.'” —John F. Kennedy On November 6th, 60 million Americans waited in line to yank the monkey wrench from Congress.  We reappointed our Democratic general for another four years.  – Read the full article

State Republicans Get Right Back To Their Unbridled Insanity

While the major Republican players are talking the talk about diversity, and how to appeal to the voting blocs that have abandoned them, their extremist counterparts in state legislatures continue their lunatic approach to governing. In Michigan, a hearing was held yesterday on House Bills 5684 and 5685, which, as unfathomable as it may be to a sane person, seeks to create a tax exemption for a fetus: House Bill 5684 would amend Section 30e of the Income Tax Act to allow taxpayers to claim a dependency exemption for a fetus that has completed at least 12 weeks of gestation as of the last day of the tax year and that has been under the care and observation of a physician since at least 12 weeks of gestation. – Read the full article

Closing Argument: Humanity vs. Crosses of Gold and Iron

Mitt Romney and Paul Ryan are the zombies of old discredited brands of conservatism, animated by a new strain of radical absolutism.  In our past, American heroes have exposed their ilk as fraudulent imperialists.  I predict that on Tuesday 60 million Americans will fulfill their role in this age-old morality play of American history by reaffirming Jefferson’s dream and Lincoln’s victory that America is a nation of the people by the people for the people.  – Read the full article

Romney Unveils Tax Plan Details

From Eclectablog: This is big. There is finally a website where you can click through to learn details about the Romney/Ryan tax plan and how they have figured out how to cut taxes by $5 trillion without raising taxes on the middle class or worsening our national debt. – Read the full article

The Romnzi Scheme

“Political language is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind.” –George Orwell ThinkProgress reported that Mitt Romney, his son Tagg, his campaign and campaign surrogates all have significant business and political partnerships with several financial advisors at Solamere Capital, who allegedly helped Allen Stanford perpetrate one of the largest Ponzi schemes in modern history to the tune of $8.5 billion, second only to Bernie Madoff’s scheme.  – Read the full article

The Debate: Romney Exposes the Hypocrisy of Republicans’ Tax Arguments

They were hardly out of the gate in the Presidential debate last night before Mitt Romney exposed the Republican Party’s hypocrisy on tax policy. For years we’ve listened to Conservatives harp on the fact that 47% of Americans “pay no taxes”, a talking point brought to the forefront two weeks ago when Romney used it to disparage voters at a $50,000./ plate fundraiser. – Read the full article

Romney and Ryan Ask Voters To Play Fiscal Russian Roulette

Paul Ryan spoke with Chris Wallace on Fox News Sunday, where he claimed the Romney/Ryan campaign is not changing strategy, they’re simply “entering a new phase”. Most voters can’t even tell you what the previous “phase” was about because the GOP ticket just doesn’t think Americans need silly little thing like details. – Read the full article