Browsing All posts tagged under »Tax«

Romney’s Plan: Details, shmetails, just elect me! It’s my turn!

July 5, 2012

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It’s very easy to determine why Mitt Romney refuses to discuss or elaborate on the details of his economic plans for America. A quick trip to his lead campaign website shows that the first half of his plan to increase employment is to give corporations billions of tax dollars to “retrain workers.” Romney’s plan has […]

Millionaires getting $30 BILLION in federal subsidies and refunds

November 14, 2011

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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 […]

GOP proposes new “Corporate Tax Holiday” that *YOU* will pay for

October 25, 2011

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I know you’ll find this incredibly difficult to believe, but there’s a lobbyist organization in Washington DC that’s pushing a bunch of Republicans around like household servants, demanding that politicians grant big business yet another “tax holiday” to protect their off-shore profits. It would sound incredulous if it weren’t happening on a daily basis, wouldn’t […]

My first 5 days as U.S. President

September 12, 2011

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As your next President of the United States, before the end of my first five days in office, I will: Eliminate all incentives for outsourcing jobs & require the return a minimum of 66% of all jobs that have already been outsourced. Permanently eliminate the $106,800 cap on the Social Security tax. Permanently eliminate the […]

Mitch McConnell supports raising taxes on the rich … circa 1990

August 11, 2011

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You know how Mitch McConnell has bleated on and on about how there is “nothing on this earth that will make him support raising taxes on the wealthy”? Well, here’s a verbatim transcript from Mitch McConnell’­s 1990 re-electio­n campaign ad, entitled “Fair Share.” “Hi, I’m Mitch McConnell. I’m sure you’ve been watching this mess in […]

Tax Rate for Richest 400 Taxpayers Plummeted in Recent Decades, Even as Their Pre-Tax Incomes Skyrocketed

June 17, 2011

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The effective federal income tax rate for the 400 taxpayers with the very highest incomes has declined by nearly half over the past two decades, even as their pre-tax incomes have grown five times larger, new IRS data shows. The top 400 households paid 13.4 percent of their income in federal individual income taxes in […]