Tag Archive | "Taxes"

Ryan’s Budget: More Welfare For The Rich

Just so we’re clear, and this bears repeating even if it is obvious, the richest people in the country are going to, once again, be the gift of more welfare-for-the-rich under the tax proposals of House Budget Committee Chairman Paul Ryan–while, just by the numbers, lower income people will get hit with a tax increase. Don’t you love this system?

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A Worthy Budget

Most of the nonsense coming from Congress about budgets — and that nonsense is particularly of a Republican Party flavor but also emanating from Democrats — touts more tax breaks and tax cuts for business. It’s entirely crazy. The one island of sanity comes from the Progressive Caucus.

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That Sucking Sound? It’s The 73 Billion-Dollar Corporate Robbery of The States

What I really like about corporate skullduggery is that at least it’s usually done with big numbers, as in billions of dollars. Nothing on the cheap (except, of course, when it comes to paying workers). In another installment of “how can we fill our coffers, pay our CEO millions of dollars and fleece the public” comes today’s news: Corporate-based America is robbing the states of billions of dollars by dodging taxes.

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Camp Fail, Fail, Fail

I know, you are shocked, shocked, shocked that the proposal from Congressman Dave Camp, the Republican chairman of the House Ways and Means Committee, is awful. But, good to have the facts on exactly why.

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NOT BREAKING: Corporations “Pay Little or No Federal Income Taxes”

It’s new data but not a new revelation because this bit of news is nothing we haven’t already become accustomed to. Corporations are robbing the country, robbing because corporations pocket profits made possible from all the investments in human and physical capital made thanks to taxes regular people pay but the same corporations do squat when it comes to paying a fair share.

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Baucus IDEAL China Ambassador: He Is Fluent In Corporate Shillism

Really, people are being grossly unfair to Max Baucus, wondering why someone who doesn’t speak Chinese would qualify to serve as ambassador. But, c’mon people, focus on the important lingo Baucus brings to the table: it would be hard to find another Democratic elected official who speaks such fluent corporate shillism…The man has got a perfect pitch. But, there is a silver lining.

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Tax Talk Reality

You’ve come to expect here a very skeptical, verging on enraged, attitude towards how the elites talk about taxes — including Democrats. Aggressive proposals to raise taxes to reasonable levels, particularly on the wealthy, just can’t be found with a few exceptions. Here is one that makes a bit of progress.

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Just The Tax Facts

There is so much rubbish the traditional media churns out about taxes it’s just hard to keep track of it. So, what’s a thinking person to do? Check this out.

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Cleese Caves

The whole nonsense about taxes being a big burden on the rich has been one of great societal burdens. At least one rich guy has found that out, giving up the search for the Holy Grail of low tax countries. And wouldn’t you know it, it was John Cleese himself.

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Ryan’s Ripoff: Robin Hood in Reverse

Yesterday, I asked how it is possible that people who are either raving lunatics (read: Michelle Bachmann) or just simply have loony ideas, which are just covers for ripping off the country, still get taken seriously. Paul Ryan, take a bow.

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Facebook Really Does “Like” You…As It Fleeces You, The Taxpayer

A big smooch to you from Facebook, oh unsuspecting citizen. No, it’s not a new wrinkle that will drive you mad on your profile page. It’s the usual: Facebook just “likes” you to pieces for your personal generosity. Your Facebook tax giveaway generosity.

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They Won’t Move

Sometimes taking down the dumbest arguments repeated by “free market” adherents really feels like shooting fish in a barrel. Most of the “theories” are just rhetoric, with no substance beyond a political goal. Here’s another one: the rich will feel your state if taxes go up. Not.

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The States’ Screwing

We tend to hear most of the rhetoric on taxes focus on federal taxes — and there certainly is good reason to do so. But, the underbelly of the system — and the way in which the poorest people are screwed — can also be seen at the state and local level.

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Phil Should Keep Talking

When Phil Mickelson whined the other day that his taxes were too high, I tweeted “Mickelson whining abt paying higher taxes, w $47.8 million in earnings. Greedy bastard. How abt work a hard job?” Apparently, the heat was a bit too much for him from other quarters and so now he’s apologizing about speaking up. Bad move.

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Insanity Now Moves To The States

With all the foolishness everyone seems to associate with the folks in Washington, D.C., don’t worry — coming to a state near you will be same lame-brained ideas that have caused a heap of damage for decades. You know the rap: lower taxes because, presto, that’s the magic potion for all that can be good. Oh, no.

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No Money Was Saved or Raised

Damn, math really messes shit up. I mean, first you get told about all this money that got saved and, then, boom, it’s gone because turns out…it wasn’t saved at all. Welcome to the wild world of fiscal deals made by political parties who care mostly about their own futures, not the futures of regular people.

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