Posts Tagged ‘tax’

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This is REAL WAR. They will starve our own people to death in order to steal their retirement accounts.  The fascism is no longer theoretical.

 

Trump is fanatically dedicated to defunding Social Security by cutting or outright eliminating its dedicated revenue stream, the payroll tax.

 

Trump Economic Advisors Push “Work Til’ You Die Plan” To Gut Social Security

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We are ruled today by billionaire psychopaths who have captured the government, the regulatory processes, the foreign policies, and the tax code. Both parties are responsible, and it’s a fairly straight line to hell.

#PLUTOCRACY

#OLIGARCHY

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NYT:
A Tax Plan to Turbocharge Inequality

Also known as “Heads I win; Tails you lose.”

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Donald Trump Keeps Calling The U.S. The ‘Highest Taxed Nation.’

Right wingers love to bitch about having to pay taxes. It’s the one unifying principle they all share. And they’re full of shit.

Donald Trump likes to say the United States is the “highest taxed nation in the world.”

 

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Why does the US have 800 military bases around the world?

This is according to American University professor David Vine in his forthcoming book Base Nation, in which he seeks to quantify the financial, environmental, and human costs of keeping these bases open.

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Fossil fuels subsidised by $10m a minute, says IMF

So all that endless bullshit you hear about “free markets,” well how do trillions of dollars of tax subsidies going to the most polluting industries around factor in? The dinosaurs still rule the earth today…

The $5.3tn subsidy estimated for 2015 is greater than the total health spending of all the world’s governments.

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This is business as usual. This is what’s allowed by those in charge in Washington. You should be angry today.

Corporate Tax Havens Stiff Taxpayers by $110B A Year

Last year alone, the U.S. Treasury and state governments lost roughly $110 billion in tax revenues after major corporations funneled their cash through accounts in the Cayman Islands, Bermuda and other offshore tax havens, according to figures compiled by the U.S. Public Interest Research Group (PIRG).

Related: 15 Fortune 500 Companies Paid No Federal Income Taxes in 2014

Under current law, U.S. corporations are allowed to defer or delay paying federal income taxes on overseas profits to avoid a federal corporate tax rate of as much as 35 percent until this money is “repatriated” or brought back into the United States.

At least 362 companies, making up 72 percent of the Fortune 500, maintained subsidiaries in tax haven jurisdictions as of 2013.

Among the biggest beneficiaries, according to the PIRG analysis:

  • Pfizer, the world’s largest drug manufacturer, paid no U.S. income taxes between 2010 and 2012 despite earning $43 billion throughout the globe. Pfizer actually received more than $2 billion in federal tax refunds.

  • Microsoft maintains five tax haven subsidies and kept $92.9 billion overseas in 2014. By taking advantage of the federal tax law, Microsoft averted an additional $29.6 billion in taxes.

  • Citigroup stashed $43.8 billion in offshore jurisdictions in 2014, saving itself $11.6 billion of additional taxes.

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Right wing talking point is bullshit.

“Fascism should more properly be called corporatism because it is the merger of state and corporate power.”
— Benito Mussolini

 

In a nutshell, why this abomination of a “health” system is a terrible experiment…

“Every January, health insurance companies across America will send out tax documents to each insured individual. This tax document—a copy of which will be furnished to the IRS—must contain sufficient information for taxpayers to prove that they purchased qualifying health insurance under Obamacare.

This new tax information document must, at a minimum, contain: the name and health insurance identification number of the taxpayer; the name and tax identification number of the health insurance company; the number of months the taxpayer was covered by this insurance plan; and whether or not the plan was purchased in one of Obamacare’s “exchanges.”
Obamacare: Taxpayers Must Report Personal Health ID Info to IRS

 

 

 

Written by insurance company lobbyists, who are of course the problem not the solution, lapdog Obama now wants to penalize you for not proving that you have purchased their inferior products.  Obama delivers millions of new customers to the insurance racket, which is then free to siphon on profits and provide less expenditure for actual medicine.

This is the opposite of what the sane “developed world” does for its citizens.  Their governments don’t act as mercenary goons for private corporate interests.  Theirs is more socialistic, not punitive and profit extraction centered.  Theirs actually works at greatly reduced costs to all concerned.  But don’t let facts get in the way of politics and capitalism.

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Illinois Thinks That Kartemquin Films Makes Propaganda Movies

Black documentary producers targeted by State of Illinois for producing “propaganda.” They would have to target every documentary company the same way for this accusation to make any sense. Editorial control determines how information is presented to viewers, and those who decide what is included and what is excluded are engaging in propaganda. A half-truth works just as well as a full truth in convincing audiences the veractiy of a claim. That’s true if you’re NPR, NBC, FOX or the producers of Hoop Dreams

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Well here’s a simple exercise in hypocrisy.  Those who cheer the loudest for war also want to cut the taxes that would help treat the predictable casualties of war.  This is not a new issue, and stems back to the beginning of time.  The warmongering, often racist, militant right wants to pay nothing toward services that would actually help people, the victims of their own wars, even their own allegedly beloved “troops.”  Such monstrous, callous, barbarous stupidity is now normalized across large swaths of the population.

 

Veterans Affairs: Support a 90 yr old Purple Heart recipient and veteran of two wars

By Nicole M.
Sun City Center, Florida

My dad, James March, is a World War II and Korean War veteran with a Purple Heart he received in WW2 — but now that he’s seriously ill, the VA is refusing to help him.

Even though his injury from the war caused him terrible back and leg pain throughout his life, my dad never complained to the VA — he rarely asks for help from anyone. But now that he’s 90 years old, dad is really sick and he urgently needs help from an assisted living facility. Our whole family is worried about him: he’s barely eating, he’s nearly lost his eyesight, and he’s suffering from dementia. In just a few months, he lost 70 pounds.

Dad needs constant care, but Mom isn’t able to be a full-time caregiver because she’s struggling with cancer recovery and diabetes — and my family doesn’t have enough money to pay out of pocket for him to get a home aide.

The VA lost our application for assistance two times before they denied our claim. Even though my parents are crippled by medical costs and their home was foreclosed on 2/27/2013, the VA says my dad “makes too much money” to qualify for help. In reality, my parents barely have enough left over at the end of the month to buy their groceries, let alone pay for at-home care.

My dad was there when our country needed him to fight in WWII, healing others as a medic on the battlefield where he earned a Purple Heart. Now that he needs us, will we turn our back on him? Sign my petition asking that the VA give my dad the benefits he and all veterans deserve for their service and sacrifice.

My dad needs help

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