Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts
12/6/17
4/11/13
Give The People What They Want! Taxes That Pay for Jobs, Education, Healthcare and Science | Alternet
Give The People What They Want! Taxes That Pay for Jobs, Education, Healthcare and Science | Alternet
"Despite near-constant news about how polarized our nation is, a careful look at opinion polls indicates that a strong majority of Americans actually have a coherent to-do list for Washington: we want more jobs, smaller deficits, more education funding, reduced reliance on fossil fuels, higher taxes on the wealthiest, plus -- the kicker -- Medicare and Social Security benefits preserved. You know, it’s the typical story of wanting to have our cake and gobble it down, too. Right?
"Despite near-constant news about how polarized our nation is, a careful look at opinion polls indicates that a strong majority of Americans actually have a coherent to-do list for Washington: we want more jobs, smaller deficits, more education funding, reduced reliance on fossil fuels, higher taxes on the wealthiest, plus -- the kicker -- Medicare and Social Security benefits preserved. You know, it’s the typical story of wanting to have our cake and gobble it down, too. Right?
Wrong. What’s virtually unacknowledged is that all these things could be done at once. Far from being an impossible set of demands, the collective opinion poll version of the wisdom of the American people is, in fact, a smart set of solutions -- or at least it would be, if we had a government capable of following our wishes."
3/21/13
House GOP Approves Budget That Cuts Taxes For Millionaires, Slashes The Social Safety Net
House GOP Approves Budget That Cuts Taxes For Millionaires, Slashes The Social Safety Net: The House of Representatives this afternoon approved the Republican budget plan authored by Rep. Paul Ryan (R-WI) by a vote of 221-207, with 197 Democrats and 10 Republicans voting against it. Three Democrats and one Republican did not vote. For the third consecutive year, the House GOP has approved a budget that ends the traditional [...]/p
3/18/13
House GOP Budget Would Give Millionaires A $200,000 Tax Cut
House GOP Budget Would Give Millionaires A $200,000 Tax Cut: The latest House Republican budget would grant taxpayers with incomes above $1 million at least $200,000 in tax cuts even if the GOP closes tax loopholes to help pay for the plan, according to an analysis from Citizens for Tax Justice. The GOP plan, authored by Budget Committee Chairman Paul Ryan (R-WI), aims to reduce [...]/p
3/15/13
What's Not to Like? It Raises Needed Revenues and Curbs the Beasts of Wall Street | Common Dreams
What's Not to Like? It Raises Needed Revenues and Curbs the Beasts of Wall Street | Common Dreams
"Let’s get one thing straight: The United States doesn’t have a public debt problem. Net interest payments on the federal public debt are less than 1 percent of GDP [PDF], which is about as low as they have been in the post-World War II era. In the long run, projected debt problems are a result of rising health care costs – driven by the private sector – and would disappear if we were to reduce these costs to the level of other high-income countries."
"Let’s get one thing straight: The United States doesn’t have a public debt problem. Net interest payments on the federal public debt are less than 1 percent of GDP [PDF], which is about as low as they have been in the post-World War II era. In the long run, projected debt problems are a result of rising health care costs – driven by the private sector – and would disappear if we were to reduce these costs to the level of other high-income countries."
3/14/13
Progressive 'Back to Work' Budget Wins Praise for Anti-Austerity Approach | Common Dreams
Progressive 'Back to Work' Budget Wins Praise for Anti-Austerity Approach | Common Dreams
"In the midst of ongoing hysteria about a 'non-existent deficit crisis' in Washington, the Congressional Progressive Caucus on Wednesday unveiled an alternative approach to destructive austerity economics by releasing their 'Back to Work Budget' plan for 2014."
"In the midst of ongoing hysteria about a 'non-existent deficit crisis' in Washington, the Congressional Progressive Caucus on Wednesday unveiled an alternative approach to destructive austerity economics by releasing their 'Back to Work Budget' plan for 2014."
2/7/13
1/31/13
House Judiciary Chair Introduces Unconstitutional Bill To Permanently Abolish The Income Tax
House Judiciary Chair Introduces Unconstitutional Bill To Permanently Abolish The Income Tax:Goodlatte believes that Medicare and Social Security are unconstitutional, so it is both unsurprising that the House Judiciary Chair is too unfamiliar with the Constitution to draft a constitutional tax bill and ironic that his bill actually permits taxes for the two programs he thinks are unconstitutional.
Sixty-nine members of Congress co-sponsored Goodlatte’s unconstitutional proposal to bankrupt the federal government.
1/10/13
With Taxes At Record Lows, Multimillionaire Lobbyist Suggests Slashing Health Benefits To Reduce The Deficit
With Taxes At Record Lows, Multimillionaire Lobbyist Suggests Slashing Health Benefits To Reduce The Deficit: During his annual “State of American Business” address on Thursday, U.S. Chamber of Commerce President and CEO Tom Donohue — who made $4.7 million in 2010 alone — called for lawmakers to tackle America’s long-term budget woes by enacting legislation that would slash entitlement spending on Medicare and Medicaid — the public insurance programs that [...]/p
11/28/12
CEOs Try to Shred the Safety Net While Pigging Out on Corporate Welfare
CEOs Try to Shred the Safety Net While Pigging Out on Corporate Welfare
"A gang of brazen CEOs has joined forces to promote economically disastrous and socially irresponsible austerity policies. Many of those same CEOs were bailed out by the American taxpayer after a Wall Street-driven financial crash. Instead of a thank-you, they are showing their appreciation in the form of a coordinated effort to rob Americans of hard-earned retirements, decent medical care and relief for the poorest."
"A gang of brazen CEOs has joined forces to promote economically disastrous and socially irresponsible austerity policies. Many of those same CEOs were bailed out by the American taxpayer after a Wall Street-driven financial crash. Instead of a thank-you, they are showing their appreciation in the form of a coordinated effort to rob Americans of hard-earned retirements, decent medical care and relief for the poorest."
Poll: Strong support for Obama's tax plan, opposition to GOP plan to cap deductions and cut Medicare
Poll: Strong support for Obama's tax plan, opposition to GOP plan to cap deductions and cut Medicare
"These numbers once again show that the path forward is abundantly clear: let the Bush tax cuts on income over $250,000 expire, keep major cuts to Medicare benefits off the table, and don't use tax reform as an excuse to take away middle-class tax benefits. In other words, Americans support President Obama's approach—not Mitt Romney's and certainly not the Republican Party's. Given that President Obama won the election, that's not exactly a shock. The key thing to remember is that Congress doesn't need to do anything in order for Bush's upper-income tax cuts to expire—under current law, they end on December 31, 2012."
"These numbers once again show that the path forward is abundantly clear: let the Bush tax cuts on income over $250,000 expire, keep major cuts to Medicare benefits off the table, and don't use tax reform as an excuse to take away middle-class tax benefits. In other words, Americans support President Obama's approach—not Mitt Romney's and certainly not the Republican Party's. Given that President Obama won the election, that's not exactly a shock. The key thing to remember is that Congress doesn't need to do anything in order for Bush's upper-income tax cuts to expire—under current law, they end on December 31, 2012."
11/23/12
6 Reasons the Fiscal Cliff is a Scam | Alternet
6 Reasons the Fiscal Cliff is a Scam | Alternet
"Stripped to essentials, the fiscal cliff is a device constructed to force a rollback of Social Security, Medicare and Medicaid, as the price of avoiding tax increases and disruptive cuts in federal civilian programs and in the military. It was policy-making by hostage-taking, timed for the lame duck session, a contrived crisis, the plain idea now unfolding was to force a stampede."
"Stripped to essentials, the fiscal cliff is a device constructed to force a rollback of Social Security, Medicare and Medicaid, as the price of avoiding tax increases and disruptive cuts in federal civilian programs and in the military. It was policy-making by hostage-taking, timed for the lame duck session, a contrived crisis, the plain idea now unfolding was to force a stampede."
8/20/12
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