Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Sunday, August 19, 2012

I have a friend of the blog who has voted Republican 40 of the last 44 years and he'd like to see Romney's tax returns. Can you help?




Hi
I apologies if this insults your sensibilities, however having voted straight Republican for 40 out of 44 years, I believe I am not that I'm not being partisan in my beliefs at this point.

The whole country is in peril because of the Bush tax cuts and the loopholes in the tax code. A man who we may hire as President has money in three different countries, I believe to evade taxes. Contrary to tradition he has released only one complete tax return. I want a man running for the highest office to have keep the law..His behavior makes me think he hasn't . .

That's why I created a petition to Mitt Romney, Candidate for President, which says:

"Mitt, you want the people of the USA to hire you. We want to see five years of tax returns. This is one of the things that will help us to believe in you. Ronald Reagan famously said, Trust and Verify!"

Will you sign this petition? Click here:

http://signon.org/sign/mitt-realease-five-years?source=c.em.mt&r_by=5339040

If you are signing this petition, please forward it to some of your friends.

Wednesday, August 15, 2012

Scott Brown's true record from Mass Uniting


At a noon press conference in Randolph today, US Senator Scott Brown is set to deliver what his office is calling a “major policy speech” ontaxes. While his Massachusetts constituents can certainly expect Senator Brown to echo the stereotypical ‘gut-and-cut’ tax rhetoric of his Republican colleagues in Washington, here are five truths we won’t hear Brown mention about his voting record on taxes:




1. “I voted to give tax breaks to companies that ship jobs overseas.”
Scott Brown voted to filibuster the Creating American Jobs & Ending Offshoring Act, a bill would have ended tax breaks for companies that outsource jobs or build plants and offices offshore to replace American facilities. The vote came as thousands of American workers face impending layoffs while training their replacements from China, India, and elsewhere. (US Senate roll call vote #242, 9/28/10)

2. “I gave $24 billion of your tax dollars to Big Oil.”
In the face of drastic budget cuts, Scott Brown voted three times to give more than $24 billion in taxpayer funds to the oil industry over the next decade. The top five Big Oil companies – BP, Chevron, ConocoPhillips, ExxonMobil and Royal Dutch Shell – are amongst the most profitable corporations in the world, posting $137 billion in profits in 2011 alone. (US Senate roll call votes #187 6/15/10; #72, 5/17/11; #63, 3/29/12)

3. “I voted to take more money out of your paycheck.”
Scott Brown voted to filibuster legislation to extend the payroll tax cut for working families – holding low and middle income workers hostage to shield the wealthiest Americans from a small surtax on income over $1 million. In effect, Brown cast a deciding vote to raise taxes on 113 million working families. In Massachusetts, the surtax would have affected just 0.6% of taxpayers with an average income of more than $2 million. (US Senate roll call vote #219, 12/1/11)

4. “I support tax breaks for millionaires…just not middle class or low-income families.”
Three times in 2010 and again in 2012, Scott Brown voted to kill measures that would extend tax cuts for the middle class. Like his vote for payroll tax hikes, Brown used the same rationale to justify his votes to raise taxes on middle and low-income families: those making $250,000 to $1 million or more each year shouldn’t have to pay their fair share like the rest of his Massachusetts constituents. (US Senate roll call votes #258 & #259, 12/4/10; #275, 12/15/10; #184, 7/25/12)

5. “I filibustered tax credits and loans that help small businesses grow and create jobs.”
Despite his claims of supporting job creators, Scott Brown repeatedly filibustered and opposed major legislation that helps small businesses grown and create jobs. Brown twice voted to filibuster the Small Business Jobs & Credit Act – a bill that connected growing small businesses to credit through community banks and offered significant tax credits to small firms that create American jobs. When his filibuster failed, Brown voted again to kill the legislation. The Massachusetts Bankers Association stated that failure to act on the bill “would be a missed opportunity that our struggling economy cannot afford.” (US Senate roll call votes #218 & #221, 7/29/10; #237, 9/14/10)

Ann Romney: The Peasants get no more tax releases.



Ann Romney should try something different like being totally honest with the American people and let them decide.

Sunday, August 12, 2012

Under Paul Ryan’s Plan, Mitt Romney Would Pay Virtually No Taxes | TPM2012

Under Paul Ryan’s Plan, Mitt Romney Would Pay Virtually No Taxes | TPM2012:

'via Blog this'


Democrats have speculated that Mitt Romney might have paid little to no taxesin the years covered in his unreleased tax returns. If Paul Ryan had his way, they’d be right.
Romney’s new running mate proposed eliminating the capital gains tax in his 2010 “Roadmap for America’s Future.” Since Romney, like many ultra-wealthy Americans, derives virtually all of his income from investments, he would pay virtually no taxes at all under such a plan.
The Atlantic crunched the numbers on Romney’s 2010 tax returns, the only one he’s made public, and found that Romney’s tax rate that year would be just 0.82 percent under Ryan’s proposal.
Romney went out of his way during the campaign to avoid proposing any capital gains tax cuts that would benefit him personally, keenly aware that his investment fortune made him an easy target for Democrats. He did propose tax cuts on investment income, but said they would be restricted only to middle-class savings, leaving his own vast holdings unaffected.
The capital gains issue came up during the primaries when Romney attacked Newt Gingrich’s tax plan by noting it would reduce his own tax burden to 0 percent:
“Under that plan, I’d have paid no taxes in the last two years,” Romney said in a January debate, referring to its elimination of taxes on investment.
Ryan also may have recognized the political difficulties behind his idea. While his 2010 proposal put him on the political map, he chose not to zero out capital gains in his House budget.
Given Democratic enthusiasm for Romney’s personal finances and President Obama’s focus on tax fairness, Ryan’s earlier capital gains pitch is likely to rear its head on the trail.
Full story here: http://2012.talkingpointsmemo.com/2012/08/under-paul-ryans-plan-mitt-romney-would-pay-virtually-no-taxes.php?ref=fpnewsfeed

Thursday, May 31, 2012

Missouri Buys Surveillance Camera for Rush Limbaugh Statue

Broken Promises: Romney's Massachusetts Record




Having lived in Massachusetts I'd say this was pretty accurate. I can say taxes didn't go up, fees went through the roof and they weren't called taxes. He was there for about two years and used it as a platform to run for president. We got a part-time governor but we got a full time campaigner. During those year Massachusetts had a campaigner in chief.

Tuesday, May 15, 2012

Scott Walker's biggest donor paid no taxes. Why pay taxes when buying politicians are so much cheaper.



Billionaire Walker donor pays no state corporate income tax

 Diane Hendricks gave $500,000; her Beloit firm pays $0 income tax

Beloit billionaire businesswoman Diane Hendricks has been in the news recently because of her political activism on behalf of Gov. Scott Walker. It was in a conversation with Hendricks that Walker made his now-famous comment about using a “divide and conquer” strategy against labor unions.

During a three-month period in 2012, Hendricks donated $500,000 to Walker’s campaign, according to the Wisconsin Democracy Campaign. She is the largest single donor to the governor’s anti-recall campaign, outspending even fellow billionaires Sheldon Adelson (Las Vegas casinos) and Richard DeVos (Amway).

 Hendricks, whom Forbes magazine says is worth $2.8 billion, heads Beloit-based ABC Supply Company, which the magazine calls “the nation’s largest roofing, window and siding wholesale distributor” with annual sales approaching $5 billion.

ABC Supply may be a huge money-maker for Hendricks, but the Wisconsin corporate income tax returns she files claim the company makes not a penny in taxable profit. ABC Supply paid exactly $0.00 in state corporate income tax in 2005, 2006, 2007 and 2008, according to the state Department of Revenue. Tax data for more recent years were not available when the information was requested from the department. http://thepoliticalenvironment.blogspot.com/2012/05/company-owned-by-walkers-biggest-donor.html

Sunday, May 13, 2012

Billionaire Facebook founder 'de-friends' United States to keep more of his fortune - Democratic Underground

Billionaire Facebook founder 'de-friends' United States to keep more of his fortune - Democratic Underground:

 "In the argot of social networking, America has been "de-friended". Days shy of Facebook's stratospherically hyped stock market listing, one of the firm's bright young founders has sparked outrage after deciding to renounce his US citizenship.

Eduardo Saverin, a 30-year-old entrepreneur who helped Mark Zuckerberg launch the site from a Harvard dormitory just eight years ago, appears on a list of 1,780 once-proud citizens who last year told Uncle Sam that they would like to give up their passports. The move, which emerged over the weekend, is widely regarded as a tax dodge.
"

'via Blog this'

Monday, April 30, 2012

Some words on tax situation from Stephen King



Famous and good guy author Stephen King begs U.S. to tax him and other very rich more severely.  Strong language and curse words.  Even attacks Koch brothers.   "I’ve known rich people, and why not, since I’m one of them? The majority would rather douse their dicks with lighter fluid, strike a match, and dance around singing “Disco Inferno” than pay one more cent in taxes to Uncle Sugar.... If this situation isn’t fairly addressed, last year’s protests will just be the beginning. Scrooge changed his tune after the ghosts visited him. Marie Antoinette, on the other hand, lost her head. Think about it."

Raise Taxes On The Poor - Eric Cantor. We've got to shake down "big homeless."

Excellent piece: "Corporate Socialism" alive and well in America - Fast Forward

Thursday, April 26, 2012

Crowd gathers in Detroit at GE Annual Shareholder Meeting


 Detroit— While several thousand protesters made noise Wednesday in the city's downtown over feelings General Electric isn't paying enough in taxes, three dozen protestors stood up at the beginning of GE's annual shareholder meeting chanting "pay your fair share"

 The group was escorted from the meeting room at the Detroit Marriott at the Renaissance Center by police and security without incident. They continued their demonstration outside in the lobby. A phalanx of security guards formed outside the ballroom to prevent them from re-entering.

 The protesters with ties to the "99 percent" movement — made popular last year in light of corporate bank bailouts — made their frustrations known over GE's tax payments outside the building, stretching into nearby Hart Plaza.

 Inside the Renaissance Center, security was tight. Shareholders were required to pass through metal detectors, and endure bag searches and wand scans in order to enter the lobby outside the meeting room. Only registered shareholders were allowed in, but it was clear by the union pins some wore that they would bring the protest inside.

 A small group of union activists from the Service Employees International Union tried to enter the meeting with proxies from shareholders, but they were turned away by security and police. GE CEO Jeff Immelt had planned to come out and mingle with investors but that was canceled out of security concerns. From The

Detroit News: http://www.detroitnews.com/article/20120425/METRO/204250367#ixzz1tBeiekOX

Wednesday, April 11, 2012

Rep. Dan Benishek Scolded and Mocked By Senior Citizens at Town Hall Mee...

LP - This rep needs to go to venues where they don't ask any tough questions like Meet "The Republican" Press rather than going around citizens who don't buy his bs.