Republicans in the House are getting ready to grease the skids to make a series of tax breaks and loopholes permanent that only benefit the super-wealthy and their corporations they own. They don’t intend to offset them by closing other loopholes or raising rates; no sensible cost-cutting; none of the “dollar-for-dollar” demands they put into […]
November 14, 2011
Hey gang! You know all those fear-mongering headlines about how the Republicans and Democrats in the “Super Congress” can’t find a mutually agreeable position on where to cut spending and/or raise taxes to meet the debt-reduction deadline of Nov. 23? You know how they’re constantly babbling about “class warfare” and how it’s “unfair to expect […]
June 22, 2011
Did you know that the Obama administration – fueled by about two dozen Republicans in Congress and the lobbyists for Microsoft, Oracle, Pfizer, Apple and several other major firms – are pushing for a corporate tax “repatriation” holiday? The plan is to give select multi-national corporations “special dispensation from tax laws” on the more than […]
April 11, 2011
In September 2006, the House of Representatives passed what they called earmark reform. The legislation was co-authored by Congressman Paul Ryan. The legislation was meant to require lawmakers to identify the special projects that they slip into legislation. Now Ryan is trying to play a track from his greatest hits album by proposing almost identical […]
April 10, 2011
Just in case your blood pressure is too low today. Here is a list of the top 10 corporations in the United States which either paid no corporate income taxes whatsoever, paid very little, or (Caution: Stroke alert) got a REFUND from the Internal Revenue Service. The list was compiled by Senator Bernie Sanders, Independent […]
March 30, 2011
General Electric received $300 million in federal energy grants from 2000 to 2010 (and spent $19.5 million per year in the same time lobbying for more subsidies). That’s million, with an “M.” General Electric posted more than $2.94 Billion in net profits for the fourth quarter of 2010. That’s billion, with a “B.” General Electric […]
May 5, 2014
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