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Keyword: incometaxes

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  • Hatch Blows Up On Dem Sen. Brown: Tired Of "That Crap" That Republicans Only Help The Rich (WOW)

    11/17/2017 7:49:57 AM PST · by LesbianThespianGymnasticMidget · 101 replies
    Real Clear Politics ^ | November 16, 2017 | Ian Schwartz
    With Video ----------------------- Chairman of the Senate Finance Committee Sen. Orrin Hatch (R-Utah) admonished Sen. Sherrod Brown (D-Ohio) for accusing Republicans of writing the tax bill "for the rich" at a late night hearing on amendments and markups. "With all due respect, I get sick and tired of the rich getting richer," Brown said in a diatribe against Republicans. "I come from the poor people, and I have been here working my whole stinkin' career for people who don't have a chance, and I really resent anybody that says I'm doing it for the rich. Give me a break. I...
  • Congressional Shooter Loved Bernie, Hated ‘Racist’ Republicans, and Beat His Daughter

    06/14/2017 6:35:56 PM PDT · by Stopthethreat · 33 replies
    Hodgkinson had a history of violence that did not rise to the level to prohibit him from legally owning a firearm. He was the foster father of at least two girls. The first, Wanda Ashley Stock, 17, committed suicide in 1996 by pouring gasoline on herself and setting herself on fire after a few months of living with the Hodgkinsons, the Belleville News-Democrat reports. The Hodgkinsons gave an interview to the paper after her suicide, calling her a “very practical, level-headed girl.”
  • MSNBC's "Tax Records" Non-Story: Trump Made $150MM, Paid 25% Tax Rate, More Than Romney, Bernie

    03/14/2017 7:34:49 PM PDT · by SeekAndFind · 68 replies
    Zero Hedge ^ | 03/14/2017
    While Rachel Maddow drones on with the coherence of Janet Yellen, losing thousands of viewers by the minute, the MSNBC anchor was promptly scooped not only by the White House which revealed her "secret" one hour in advance, but also by the Daily Beast which reported that its contributor David Cay Johnston had obtained the first two pages of TrumpÂ’s 2005 federal income tax return, allegedly receiving them in the mail, and posted his "analysts" on his website, DCReport.org. According to the documents, Trump and his wife Melania paid $38 million in total income tax, consisting of $5.3 million...
  • Mark Jimenez release reset to December (Inprisonment of convicted Clinton donor extended)

    11/20/2005 11:13:01 PM PST · by HAL9000 · 12 replies · 1,599+ views
    The Manila Bulletin Online (Philippines) ^ | November 21, 2005 | JOSEPH G. LARIOSA
    CHICAGO, Illinois — The headline of another newspaper yesterday was a self-fulfilling prophesy: "No red carpet, no yellow ribbons for Mark Jimenez (MJ)." If the information of the US Bureau of Federal Prisons is to be believed, the much-anticipated return of the former Manila congressman on Tuesday, Nov. 22, will have to wait. His projected release is reset to Dec. 13, 2005. In a previous posting of Jimenez’s release by the US Bureau of Federal Prisons, his original "projected release was Nov. 5, 2005." This was exactly the day of the 20th month of his imprisonment in the Federal...
  • The Income Tax: Root of all Evil

    04/04/2016 7:08:53 AM PDT · by Taxman · 60 replies
    von Mises Institute ^ | 1954 | Frank Chodorov
    The Income Tax: Root of all Evil by Frank Chodorov Foreword THIS WAS, to be sure, "the home of the free and the land of the brave." Americans were free simply because the government was too weak to intervene in the private affairs of the people it did not have the money to do so and they were brave because a free people is always venturesome. The obligation of freedom is a willingness to stand on your own feet. The early American wanted it that way. He was wary of government, especially one that was out of his reach. He...
  • The Poor in the US Are Richer than the Middle Class in Much of Europe

    10/18/2015 2:44:21 PM PDT · by expat_panama · 35 replies
    Mises Wire ^ | October 16, 2015 | Ryan McMaken
    In this week's debate, Bernie Sanders claimed that the United States has the highest rate of childhood poverty. CBS reports that Sanders said: "We should not be the country that has the highest rate of childhood poverty of any major country and more wealth and income inequality than any other country," As even CBS notes, according to UNICEF, which is probably the source of Sanders's factoid, the US has lower childhood poverty rates than Greece, Spain, Mexico, Latvia, and Israel, all of which are OECD countries or regarded as peer countries. The US rate (32.2 percent) is also more or...
  • High-income Americans pay most income taxes, but enough to be ‘fair’?

    10/18/2015 2:15:59 PM PDT · by expat_panama · 9 replies
    Pew Research Center ^ | March 24, 2015 | Drew DeSilver
    Americans don’t much like the federal tax system, a recent Pew Research Center report finds. But it’s not, as you might imagine, because they think they pay too much. Rather, they think people other than themselves don’t pay their fair share.Some six-in-ten Americans in the Pew Research survey said they were bothered a lot by the feeling that “some wealthy people” and “some corporations” don’t pay their fair share. Only 27% cited their own tax bills as something that bothered them a lot, even though 40% thought they paid more than their fair share given what they get from...
  • TRUMP: ‘FLAT TAX IS OKAY’

    08/22/2015 4:25:30 PM PDT · by Hojczyk · 67 replies
    Breitbart ^ | August 22, 2015 | IAN HANCHETT
    16 Republican presidential candidate Donald Trump declared, “I think flat tax is okay” on Friday’s broadcast of the “Matt Murphy Show” on Birmingham, AL’s WAPI. Trump said, “Who knows taxes better than me?” He continued, “You know, when they talk about fixing the tax, it’s so complicated, that people have to go and use H&R Block to do a $50,000 — a man who makes $50,000 has to spend money –.” Host Matt Murphy then cut in to ask Trump if he supports the fair tax. Trump answered, “Well, I think fair tax is okay. And I think flat tax...
  • Which Companies Paid The Most Income Tax In 2014

    04/17/2015 9:25:10 AM PDT · by SeekAndFind · 41 replies
    Zero Hedge ^ | 04/17/2015 | Tyler Durden
    Apple's market capitalization of $730 billion may now be more than double that of Exxon Mobil, but when it comes to taxes paid to the US government, it's no contest: the company with record profitability that so many progressive hipsters adore and for whose products they line up with annual regularity is billions of dollars below its "fair" contribution to the US Treasury. Ironically, it is eclipsed by that other company that so many progressives love to hate: Exxon Mobil, which paid $4 billion more in tax than Apple, yet whose valuation has been cut by 15% over the past...
  • How Many Laws Did Apple Break?

    02/09/2015 8:16:36 PM PST · by Swordmaker · 44 replies
    MondayNote ^ | February 8, 2015 | by Jean-Louis Gassée
    Apple’s most recent quarterly numbers broke all sorts of records and, as we shall see, a number of laws. Apple just released its numbers for the quarter ending last December, the first quarter of its 2015 Fiscal Year. The figures are astonishing: iPhones: Apple sold 74.5M, + 57% over last year’s same quarter. iPhone revenue was $51.2B, + 57%. That’s enough iPhones for 1% of the world population, 9.4 iPhones for every second of the past quarter. I hope to see some day a documentary movie on the supply chain heroics leading (parts manufacturing, assembly, transportation logistics) required to achieve...
  • Every for profit business started by Al Sharpton was hit for not paying taxes

    02/05/2015 7:36:38 AM PST · by SeekAndFind · 9 replies
    Hotair ^ | 02/05/2015 | Jazz Shaw
    This news was actually uncovered by National Review a few days ago, but things have been rather busy so we didn’t get around to it until now. The tax problems which Al Sharpton has run into with his National Action Network are well known and frequently documented. While the non-profit is more than a million dollars in debt to the tax man, Sharpton continues to tap it for a more than one quarter million dollar salary. But as Jillian Kay Melchior discovered with a bit more digging, Sharpton has also started up and abandoned a variety of for profit...
  • Obama to propose 'grand bargain' on corporate tax rate, infrastructure

    07/30/2013 7:23:23 AM PDT · by upchuck · 29 replies
    Roooooooters ^ | Tuesday, July 30, 2013 | Steve Holland
    President Barack Obama will propose a "grand bargain for middle-class jobs" on Tuesday that would cut the U.S. corporate tax rate and use billions in revenues generated by a business tax overhaul to fund projects aimed at creating jobs. His goal, to be outlined in a speech at an Amazon.com Inc facility in Chattanooga, Tennessee, is to break through congressional gridlock by trying to find a formula that satisfies both Republicans and Democrats. Efforts to reach a bipartisan "grand bargain" on deficit reduction have been at an impasse for months. Senior administration officials say Obama is not giving up on...
  • Apparently Democrats Think Avoiding Taxes Legally Is Now a Crime...

    05/22/2013 11:07:40 AM PDT · by The Looking Spoon · 19 replies
    The Looking Spoon ^ | 5-22-13 | The Looking Spoon
    Apple made business decisions that saved it billions in taxes. What was so illegal about doing such a thing? Nothing, absolutely nothing, but don't tell that to the Democrats...
  • McCain Finds Rand Paul's Defense of Apple 'Offensive'

    05/22/2013 1:38:51 AM PDT · by BarnacleCenturion · 106 replies
    breitbart.com ^ | 21 May 2013 | MIKE FLYNN
    On Tuesday, KY Sen. Rand Paul launched a spirited defense of Apple, whose tax strategies were subject to a hearing of the Senate Permanent Subcommittee on Investigations. "I frankly think the committee should apologize to Apple," Paul said. Paul went on to accuse the committee of "bullying" one of America's greatest companies, prompting Sen. John McCain to quickly defend the inquiry and say that Paul's remarks were "frankly, offensive."
  • Class Warfare Is Being Used To Divide America - And It Is Working

    05/02/2012 8:45:26 AM PDT · by SeekAndFind · 2 replies
    The Economic Collapse ^ | 05/01/2012 | Michael Snyder
    At a time when America desperately needs to come together, we are becoming more divided than ever. The mainstream media and most of our politicians love to pit us against one another in dozens of different ways, and right now class warfare has become one of their favorite tools for getting us to hate one another. If you are struggling in this economy, you are being told that "the wealthy" are the cause of your problems. If you have money, you are being told that the poor hate you and want to tax you into oblivion. Class warfare has already...
  • Apple, the tax-dodger? We certainly hope so. You should too.

    04/30/2012 1:46:10 PM PDT · by freedombiz · 12 replies
    ORANGE COUNTY REGISTER ^ | 4-30-12 | Mark Landsbaum
    The New York Times reported Apple “paid cash taxes of $3.3 billion around the world on its reported profits of $34.2 billion last year, a tax rate of 9.8%.” Further more, Apple’s federal tax bill likely would have been $2.4 billion higher last year without these moves, says the Times. The fact remains Apple paid less tax than it would have otherwise had it not moved operations to low- or no-tax jurisdictions. Good for Apple. Wouldn’t it be wonderful if we all had the same flexibility?
  • New York no longer worst state to do business

    04/16/2014 11:44:32 AM PDT · by george76 · 16 replies
    Crain Communications ^ | April 15, 2014 | Jeremy Smerd
    That honor now goes to New Jersey. Tax reforms passed in the latest budget represent big improvements for corporations, but not so much for individuals. ... Still, New York remains a burdensome place to earn a living. The reforms did not change the state's poor rankings for having high sales taxes (No. 38), individual income taxes (No. 49) and unemployment taxes (No. 45). Meanwhile, the governor announced Tuesday that the state tax department collected nearly $4 billion in evaded taxes in the past year, a 5% or $200 million increase compared to the year earlier.The state collects about $87 billion...
  • Tax Day

    04/08/2014 9:15:53 AM PDT · by Rational Voter · 3 replies
    Citizen Primer ^ | 04/08/2014 | Citizen Primer
    https://www.youtube.com/watch?v=1hhCs9r33tM&feature=youtu.be
  • Policies That Discourage Full-Time Work

    01/10/2014 9:28:36 AM PST · by reaganaut1 · 2 replies
    New York Times ^ | January 8, 2014 | Casey Mulligan
    The payroll tax holiday was an important factor helping the workweek recover after the recession, but the holiday is over and new public policies are pushing in the other direction. Full-time positions pay more than part-time positions, even on an hourly basis. Part-time positions require less time away from family, schooling, etc., which makes the choice of full-time versus part-time work a trade-off between income received and the amount of the time commitment. A higher income tax or payroll tax rate tilts the balance toward part-time work because it reduces an important benefit of full-time work: extra income to spend....
  • Federal Income Tax Rates for the Year 2013 (Merry Christmas, right)

    12/17/2013 12:34:54 AM PST · by Sequoyah101 · 35 replies
    Vanity | 12/16/13 | Self
    You can check this for yourself. Search "top tax rate 2013" read and think just a little. It is just numbers and that seems to make the eyes of most people glaze over. Heck, a huge number don't even pay taxes. Welcome to the USSA. This is hope and change obastard style. This is sharing the pie. This is more fat cat politicians controlling you, more government employees, more TSA, more homeland security, more navigators, more food stamps, section 8 housing, and LESS FREEDOM and LESS HOPE. The new top tax rate will be a whopping 47.2% 39.6% (top marginal...