Following the President's Plan for a Strong Middle Class
Showing posts with label Tax Reform. Show all posts
Showing posts with label Tax Reform. Show all posts
Sunday, February 17, 2013
President Obama's Weekly Address - February 16, 2013
Saturday, February 18, 2012
President Obama's Weekly Address - February 18, 2012
Continuing to Strengthen American Manufacturing
Saturday, November 5, 2011
President Obama's Weekly Address - November 5, 2011
We Have to Increase the Pace
Brought to you by Vice President Joe Biden
Sunday, October 30, 2011
Bachmann's "Flat Tax" Would Have "Several Rates"
From the annals of What The Fuckdom comes the latest from Michele Bachmann and her tax plan. A flat tax... with multiple rates.
You keep using that word. I do not think it means what you think it means.“I would flatten the rates and simplify them, I would not have just one rate, but I’ll have several rates,” she said. “A flattened, simple, much fairer system, and one that would be equitable and raise revenues for the federal government as well.”
But you have to almost feel sorry for Bachmann. She keeps amping up the crazy but is continually outdone by Herman "Jesus was the perfect conservative" Cain.
Tuesday, October 25, 2011
Rick Perry Has Blown a Gasket
The more I listened to Rick Perry in the two debates that I could stomach (and watching highlights from the rest) the more he reminded me of George W. Bush, but without the eloquence. And the more he spoke, the more he sank in the polls. And now in a desperate attempt to rebound from a dismal 6% approval in the latest CBS/New York Times poll of GOP presidential hopefuls, he has decided to pull the Birther card.
After having dinner with The Birther King Donald Trump, Rick Perry decided that it was either A) advantageous for him to jump on the Birther bandwagon to garner some fringe freak support, or B) he really believes the tinfoil hat notion that President Obama is illegitimate because he's not an American born citizen but instead, a Kenyan born, secret Muslim Manchurian candidate.
Now, Perry may be dumb as a rock with 'Niggerhead' scrawled on it, but he ain't stupid, and he proved it while admitting to journalist John Harwood that all this birther talk is really just a distraction:
So he's pretty much laying it out that he knows the Birther thing is all bullshit, yet he stops short of admitting it's a load of crap for political expediency. But that's not all Perry's doing to remove the cement shoes from his feet after jumping into the GOP primary pool. Seeing the meteoric rise of fellow charlatan Herman Cain* the more he repeats his 999 Plan, Perry has decided to announce a tax reform plan of his own. A flat tax. But just one look at Perry's plan and anyone can tell it makes absolutely no sense.“I’m really not worried about the president’s birth certificate. It’s fun to poke at him a little bit, say, 'Hey, let’s see your grades and your birth certificate.'”
Perhaps if Perry repeated his plan as the "Flat, Flat, Flat Plan" it would catch on like Cain's. And it would be easy for him to remember. The tax is flat. Like the earth if flat. And his head is flat.
Martin Bashir puts things in perspective:
Sorry, Rick. The Birther ship sailed six months ago with the Donald Trump flameout. You should have been paying attention instead of eating popcorn while sitting in the front row of your latest Texas execution.
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*This bears repeating: "The meteoric rise" of Herman. Fucking. Cain. Republican voters hate Mitt Romney so much, they'd prefer to live in Bizarro World with Herman Cain than actually have a legitimate shot at having a nominee who might give President Obama a little trouble.
Saturday, October 15, 2011
Better Government Management Through Lame Video Games
Or as it's otherwise known, Herman Cain's 999 Plan.
Now this may just be a really, really, really freaky coincidence, but if you can compare Cain's cockamamie tax reform plan to something in an eight year old video game, something is amiss. And this doesn't even touch on the subject of how ridiculous the plan actually is. And when Cain is asked specific questions on aspects of his plan, like how the 100% deduction would work for businesses that buy American designed products but are assembled out of the country and contain parts made elsewhere, he'll give answers like, "I have no idea." No idea? Herman Cain has no idea how his plan would work? He's shouting "9-9-9" from the mountaintops any chance he gets, but he doesn't even know how it works.Long before Cain was running for president and getting attention for his 999 plan, the residents of SimCity 4 -- which was released in 2003 -- were living under a system where the default tax rate was 9 percent for commercial taxes, 9 percent for industrial taxes and 9 percent for residential taxes.
When you crunch the numbers, it's just another in a long line of Republican tax reform plans that increase taxes for middle class and working poor families while cutting taxes for the top income earners. And by "top" I don't mean breaking six figures. I mean millionaires.
Friday, September 30, 2011
Will O'Reilly Quit If Taxed at a Higher Rate?
Absolutely not. And he said as much on The Daily Show.
Here's Jon Stewart taking Bill O'Reilly to the woodshed yet again. I would truly love to see O'Reilly in a serious discussion with Stewart regarding the issues they speak about, instead of his insistence in trying out a punchline here and there. I do believe he's a smart guy - but I also believe he knows where his bread is buttered and therefore leans towards conclusions with which he might not otherwise agree.
The Solyndra fiasco was reported, or shall I say regurgitated by the media before all the facts were made known.
And the $16 muffins? That's already been debunked as well. Too bad Stewart didn't know anything about it.
Tuesday, July 5, 2011
Do Not Believe Jon Cornyn
Over the weekend, Texas Senator Jon Cornyn appeared on Fox News Sunday and said he was open to the idea of closing loopholes and cutting corporate subsidies as an overall part of tax reform. And this morning it seems like the media is jumping all over this as an example of how Republicans are willing to compromise.
He also included that he thought there wouldn't be enough time for tax reform measures to be changed at such a late date, so let's do this thing now, give the Republicans what they want now, and then in August let's talk about tax reform.“I think it’s clear that the Republicans are opposed to any tax hikes, particularly during a fragile economic recovery,” Mr. Cornyn said on “Fox News Sunday.” “Now, do we believe tax reform is necessary? I would say absolutely.”
Bullshit.
Don't believe Jon Cornyn. Tax reform for whom? Shall we rehash the Ryan plan all over again and reform taxes that look like a 10% decrease in upper income earners and a tax increase for those than can least afford it? And what guarantee do Democrats have if they went along with Cornyn's idea of tax reform after August? Will he pull a Chris "rotten prick" Christie and stab them in the back? And one other thing the pundits didn't mention in their rush to tweak their nipples at Cornyn's willingness to "compromise":
Well then what's the fucking point of tax reform if not to dig ourselves out of this shithole that's been created over the last 10 years and not just since January 20th, 2009 as these jackasses would have you believe?[Cornyn] insisted that any changes in taxes be “revenue neutral,” meaning that the government would not take in any more money from individuals or businesses than it does now.
Once again, there is absolutely no way to get out of this debt "crisis" we are in solely by cutting spending on the backs of the middle and lower class while the GOP insist that no revenue increases be applied on those who can most afford it, namely big oil corporations with record breaking profits who still receive government subsidies, hedge fund manager loopholes and lower and lower tax rates on millionaires and billionaires.
ADDING... John McCain mentioned something about tax revenue increases too, but does anyone really care what McCain has to say anymore?
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