Posts Tagged ‘taxes’

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Most Voters Disagree With Trump on Just About Everything

 

 

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Do you actually know what Libertarians want to do?

 

 

 

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Tax breaks for the super rich, courtesy of the rest of us.

 

 

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CNN: ‘Scandinavian Dream’ is true fix for America’s income inequality
  • Clamp down on Wall Street and require certain asset managers to disclose their holdings, returns and fees.
  • Enact a transaction tax to reduce short-term trading and encourage long-term investment.
  • Require companies to provide more information about their CEO’s pay relative to performance and workers’ earnings.
  • Raise taxes on capital gains and dividends.
  • Tax corporations on global income.

And to promote growth among the middle class, Stiglitz suggests that the U.S.:

  • Invest in infrastructure for long-term economic and job growth.
  • Strengthen workers’ bargaining rights.
  • Raise the minimum wage to reflect local economic conditions. (Many cities and metro areas could justify $15 an hour.)
  • Invest in young children through early education.
  • Require universal paid sick and family leave.

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These nickels and dimes add up. Can anyone look at that number and just go on with their lives of servitude without comment?

$8,500,000,000,000

Missing. Stolen. Unaccounted. Disappeared. Gone.

$8.5 Trillion Unaccounted for, Why Should Congress Increase the Defense Budget?

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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.

3 Economic Myths Busted

Posted: April 7, 2015 in -
Tags: , , ,

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Right wing talking point is bullshit.

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$28 / Hour

” If minimum wage workers saw the same massive increases in income that the America’s richest have enjoyed since the 1970s, the lowest-paid worker in America today would be making $28 an hour. ”
Rethinking Our Minimum Wage

 

 

They are stealing your Social Security money this week, and what are you doing about it?

Bipartisan Rampage to Steal From Elderly & Disabled

 
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You could very well BE that 85 year old getting screwed in this BIPARTISAN dealmaking.

It’s all about the money, who gets it and who doesn’t. Military contractors have no worries. Megabanks have no concerns. Monsanto is doing just fine. Then there’s you and your family.

“As the National Women’s Law Center revealed… benefit losses of $8,400 by age 86, and $9,770 by age 95”-Politico

In the fictional world of statistics and number rigging, the game the big institutions like to play, the Consumer Price Index is already rigged and not reflective of reality. The real cost of remaining alive in America is significantly higher than the government publishes in its reports. This new assault on Social Security cost of living adjustments will rob seniors of food and medicine.

Grand theft is now in progress, and it’s your retirement lifeline they’re stealing.  Wars and the “security state” will continue their unlimited funding and spending.  You, on the other hand…

ACT NOW:

Strengthen Social Security:

Tell Obama: No cuts to Social Security

Roots Action: (“If you vote to cut Social Security or Medicare benefits, I will oppose your re-election.”)

Tell Congress: Defend Social Security or Else

Bold Progress:

Tell Obama We Won’t Stand for Social Security benefit cuts

CREDO:

Tell President Obama: Don’t cut Social Security and Medicare benefits.

Campaign for America’s Future:

Tell Congress: Say No to Obama’s Social Security Cuts

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* If you survive long enough in Amerika, you may indeed be eating dog food.

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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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Go to Strengthen Social Security, and get involved with opposing these cretinous monsters like Paul Ryan.