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Keyword: taxes

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  • How Are Tax Dollars Translated into Taxpayer Working Hours? Need Freeper Help

    07/21/2014 6:01:29 PM PDT · by Chickensoup · 18 replies
    07/21/14 | Chickensoup
    Need some help here. Trying to understand government spending in terms of hours of taxpayer work. In other words trying to find average taxpayer hours worked to pay taxes, and use it to look at government spending in a different way, hourly cost, Need help on this. Money these days is a little numbing. But every worker knows how long and hard they work for paycheck. Tax freedom day was April 13 in 2013 Freeper help?
  • CEO of the US, politicians need NOT apply

    07/21/2014 1:31:21 PM PDT · by simka · 111 replies
    self
    We do not need Hillary or Warren or any career politician. We do not need another leader in debt to big business, financial backers or his party agenda. We do need someone truly independent of all political pressures, capable of resolving all the damage done to this country. The names that come to mind are Ben Carson, Mitt Romney and maybe Ted Cruz. What say you all?
  • Flying soon? Expect fee turbulence [Obama-approved cost goes up today, 7/21/14]

    07/21/2014 5:38:59 AM PDT · by SoFloFreeper · 8 replies
    Atlanta Journal Constitution ^ | 7/20/14 | Mark Davis
    ....On Monday, Transportation Security Administration fee hikes go into effect, and they will have the greatest impact on travelers who make nonstop flights or have long layovers between flights. Critics say the agency should call the fees what they really are: a tax hike. “Anyway you look at it, this is an increase in taxes,” said Charlie Leocha, chairman of the consumer group Travelers United. The old fee had been $2.50 for a nonstop and $5 for a connecting flight. The maximum fee for a round trip was $10. The new security fee for all flights is $5.60. Any layover...
  • Maria Bartiromo: we need Economic Patriotism (Hooray Maria!!) on show Sunday Morning Futures

    07/20/2014 7:59:47 AM PDT · by Cringing Negativism Network · 52 replies
    Fox News | July 20 2014 | (rant)
    Hooray! Maria Bartiromo and gang were just discussing "Economic Patriotism" on her Fox News Channel show "Sunday Morning Futures". I couldn't believe it. FINALLY. Way to go. Much more conservatives need to climb on board this important topic.
  • Walgreens to lay off 345 in Flagstaff

    07/19/2014 9:16:57 PM PDT · by george76 · 27 replies
    Arizona Daily Sun ^ | ‎7‎/‎19‎/‎2014‎ ‎ | Suzanne Adams-Ockrassa
    One of the top 10 employers in Flagstaff, Walgreens, announced Friday that it was closing its distribution center by April and laying off all 345 employees. ... Walgreens recently announced it was seeking to relocate its corporate headquarters overseas to lower its income tax bill. One estimate put first-year tax savings for the country’s largest drugstore chain at more than $700 million. The Wall Street Journal reported July 15 that Walgreens is considering buying the rest of Alliance Boots, a drugstore chain that operates in the United Kingdom but is headquartered in Switzerland. If Walgreens does purchase the rest of...
  • Netroots Nation: Attendees Fight For Taxing Wall Street, Demand Detroit Stop Messing w/Water Rights

    07/19/2014 4:32:22 PM PDT · by 2ndDivisionVet · 18 replies
    Townhall ^ | July 19, 2014 | Matt Vespa
    On the second day at Netroots, which was held in Detroit, Michigan, about 300 attendees at this liberal conference took to the streets to protest the proposed water-shut-offs. The city has begun cracking down on residents who haven’t been paying their water bills; 42,000 have seen their water turned off since July of 2013. The Atlantic reported on July 17 that residents are paying plumbers $30 to turn their water back on illegally. Although, while Netroots participants were there to be the voices for these people, the folks affected are remaining quiet: Residents targeted by the shut-off campaign have been...
  • EPA proposed new rule to garnish wages for non-tax debts

    07/19/2014 10:54:52 AM PDT · by The Bat Lady · 26 replies
    regulations.gov ^ | 7/19/2014 | The Bat Lady
    This Proposed Rule document was issued by the Environmental Protection Agency (EPA) For related information, Open Docket Folder Docket folder icon Action Proposed rule. Summary Environmental Protection Agency (EPA) is proposing to amend EPA's claims collection standards to include administrative wage garnishment. This rule amends the EPA's debt collection regulations to implement the administrative wage garnishment (AWG) provisions of the Debt Collection Act of 1982, as amended by the Debt Collection Improvement Act of 1996 (DCIA). The proposed rule will allow the EPA to garnish non-Federal wages to collect delinquent non-tax debts owed the United States without first obtaining a...
  • Obama seeks private dollars to repair public infrastructure

    07/18/2014 5:40:52 AM PDT · by TurboZamboni · 25 replies
    Pioneer Press(NY Times) ^ | 7-17-14 | Michael D. Shear
    WASHINGTON -- How can a president fix more roads and bridges without any new money to spend? President Barack Obama's answer Thursday was to announce new initiatives to encourage private-sector investment in the nation's infrastructure, including the creation of a "one-stop shop" at the Department of Transportation to forge partnerships between state and local governments, and public and private developers and investors. Stymied by Republican lawmakers who refuse to go along with Obama's call for vast new spending on the nation's infrastructure, the president is spending the week trying to demonstrate that he can still find ways to stop big...
  • Staten Island man dies after NYPD cop puts him in chokehold

    07/18/2014 5:11:11 AM PDT · by GrandJediMasterYoda · 117 replies
    NY Daily news ^ | 7/18/14 | BY KEN MURRAY , KERRY BURKE , CHELSIA ROSE MARCIUS , ROCCO PARASCANDOLA
    Staten Island man dies after NYPD cop puts him in chokehold — SEE THE VIDEO VIDEO EXCLUSIVE: A 400-pound asthmatic Staten Island dad died Thursday after a cop put him in a chokehold and other officers appeared to slam his head against the sidewalk, video of the incident shows. BY KEN MURRAY , KERRY BURKE , CHELSIA ROSE MARCIUS , ROCCO PARASCANDOLA A 400-pound asthmatic Staten Island dad died Thursday after a cop put him in a chokehold and other officers appeared to slam his head against the sidewalk, video of the incident shows. “I can’t breathe! I can’t breathe!”...
  • Australia votes to repeal carbon tax

    07/17/2014 6:07:25 PM PDT · by kingattax · 4 replies
    BBC ^ | 17 July 2014
    Australia's Senate has voted to repeal the carbon tax, a levy on the biggest polluters passed by the previous Labor government. Prime Minister Tony Abbott, whose Liberal-National coalition beat Labor in an election last year, had made the repeal a central aim of his government. Politicians have been locked in a fierce row about the tax for years. Labor says it helps to combat climate change, but the Liberals claim it penalises legitimate businesses. The Australian Senate voted by 39 to 32 votes to repeal the tax. Introduced in July 2012, it charges the 348 highest polluters A$23 (£13; $22.60)...
  • US House approves permanent ban on Internet access taxes

    07/16/2014 6:12:26 PM PDT · by Utilizer · 6 replies
    ITworld ^ | July 15, 2014, 2:24 PM | Grant Gross
    The U.S. House of Representatives has voted to permanently extend a ban on Internet access taxes that Congress has temporarily extended three times over the past 16 years. The House, in a voice vote Tuesday, passed the Permanent Internet Tax Freedom Act, over the objections of some Democrats. In addition to permanently banning states and local governments from taxing Internet access, the bill would ban any other form of Internet-only taxes, although its aimed primarily at taxes on Internet access service. The bill does not address Internet sales taxes, a separate issue that Congress has debated for several years. The...
  • Who'll Build the Roads?

    07/16/2014 4:14:50 AM PDT · by Kaslin · 21 replies
    Townhall.com ^ | July 16, 2014 | John Stossel
    "Tea party members don't think there's a federal role in transportation!" complained Sen. Sherrod Brown, D-Ohio, last week, near the site of a $5.8 million highway project. If only most tea party members were that radical. While Brown and other big-government folks worry that Republicans will cut spending, Republicans debate adding another $10.5 billion to the Highway Trust Fund to keep it going another year -- without deciding how to reform it. Now, there's no doubt some roads and bridges need work. But too little transportation money spent by government goes to building and repairing roads. As Cato Institute transportation...
  • The Left’s War on Women

    07/16/2014 7:16:57 AM PDT · by Academiadotorg · 3 replies
    Accuracy in Academia ^ | July 15, 2014 | Gabrielle Okun
    While the so-called “conservative war on women” remains a favorite topic of talking heads, actual assaults on the gender are increasingly coming from the political Left. prolife rally “Obamacare affects women,” Mattie Duppler, of Americans for Tax Reform said at a Republican Studies Committee panel discussion on women’s issues. For example, the Independent Mandate Tax takes 2.5% out of their income, Dupler pointed out. Charmaine Yoest, of Americans United for Life, noted in the Capitol Hill symposium that two women die each month, a fact ignored, if not actively suppressed, by most health centers and the media. If women has...
  • Krugman: Wrong on Taxes, Wrong on Kansas

    07/14/2014 2:41:40 PM PDT · by ThethoughtsofGreg · 6 replies
    American Legislator ^ | 7-11-14 | Will Freeland
    New York Times columnist Paul Krugman recently used his weekly column to take aim at pro-growth tax reform and the Rich States, Poor States ALEC-Laffer State Economic Competitiveness Index. Krugman pulled no punches while dismissing the pro-growth impact of tax reform—Kansas’ recent tax reform specifically—seeing it fit to call those he disagrees with “charlatans and cranks.” Issues of projection by Krugman aside, he is wrong on the economic evidence for tax reform and wrong on Kansas. His errors, omissions, and innuendo in the place of facts warrants correction. First and most broadly, Krugman is wrong on the economic evidence analyzing...
  • How Does Cutting Taxes Increase Cost?

    07/14/2014 7:45:31 AM PDT · by MosesKnows · 14 replies
    How Does Cutting Taxes Increase Cost? Did Bush tax cuts cost the U.S. economy $6.6 trillion?I paid little attention to this headline on Yahoo Finance the other day because it was not a sensible question. Later, it came up in a different venue and I discovered there are people who believe that cutting taxes increase cost. I’ll leave it up to you to discover who they are. Only spending can add cost. “We don't have a trillion-dollar debt because we haven't taxed enough; we have a trillion-dollar debt because we spend too much”
  • The wrong folks get billions in tax dollars ($106 BILLION just last year)

    07/13/2014 12:08:41 AM PDT · by Innovative · 9 replies
    CNN ^ | Jull 12, 2014 | Blake Ellis
    A government watchdog agency said an estimated $106 billion in payments were made in error last year: meaning they were the wrong amount, went to the wrong person or lacked sufficient documentation. These payments include tax refunds, unemployment benefits, Social Security benefits, and Medicare and Medicaid coverage. The improper payments could be even higher since not all agencies reported to the Government Accountability Office. The Department of Agriculture's School Breakfast program, which provides free or reduced-price meals to needy students -- had the highest error rate in 2013, at 25%.
  • Democrat Congressman: Tax Drivers for Every Mile They Drive

    07/12/2014 12:35:05 AM PDT · by 2ndDivisionVet · 31 replies
    CNS News ^ | July 11, 2014 | Penny Starr
    While the House and the Senate this week issued measures intended to temporarily replenish the Highway Trust Fund before it runs out of money next month, Rep. Earl Blumenauer (D-Ore.) ended the week by proposing to hike - then abolish - the federal fuel tax and replace it with a per-mile “fee.” “The policy development that I’m most excited about and that will reinforce the right practices for the future: After we raise the gas tax, we should abolish it,” Blumenauer said on Friday at the liberal Center for American Progress in Washington, D.C. “The time is right to replace...
  • Why State Tax Cuts Aren’t Driving Job Growth

    07/11/2014 7:37:04 AM PDT · by SeekAndFind · 11 replies
    Fiscal Times ^ | 07/11/2014 | BY ROB GARVER
    When Wisconsin Gov. Scott Walker delivered his State of the State address in January 2013, he promised that an agenda of budget cutting, reduced taxes and less business regulation would result in a better economic climate and more jobs for his state. “Unlike the message coming out of Washington, I believe that putting more money in the hands of the people — instead of the government — is good for the economy,” said the Republican governor, who is known as a reformer. Walker is just one of several Republican governors who, with the help of friendly Republican-dominated state legislatures, have...
  • Michigan Taxes Junkyard Dogs

    07/11/2014 7:10:21 AM PDT · by MichCapCon · 5 replies
    Michigan Capitol Confidential ^ | 7/10/2014 | Jarrett Skorup
    On Aug. 5, most voters will be focused on the primary elections for candidates. But there is another important issue on the ballot that day. Voters will be asked to approve or reject legislation reforming Michigan's personal property tax. This is a tax businesses pay annually on the value of their equipment. A "yes" vote would eliminate this cost for small businesses and phase it out for manufacturing companies. In Michigan, that means junkyards are paying taxes on the value of their dogs, hotels on their drapery, hair salons on their leftover shampoo, and bars on the worth of their...
  • RAHN: The end of the progressive income tax

    07/10/2014 5:40:08 AM PDT · by 1rudeboy · 83 replies
    Washington Times ^ | July 7, 2014 | Richard Rahn
    July 1 might go down in history as the beginning of the end of the comprehensive, progressive income tax. A progressive income tax, in which the government attempts to tax all labor income and capital income, such as interest, dividends and capital gains more than once, cannot help becoming so complex that it eventually dies of its own weight. This is particularly true when the government attempts to tax the worldwide income of its “tax persons” rather than the income located in its own territory. The complexity is caused by the never-ending attempt to define what income is and what...
  • Cover-up: Lois Lerner Caught Trying to Hide Information and Emails From Congress

    07/09/2014 3:01:44 PM PDT · by blueyon · 33 replies
    ACLJ ^ | 7/09/14 | Jordan Sekulow
    The latest bombshell email revelation from former top IRS official Lois Lerner shows her actively trying to hide information from Congress just days after learning of the Investigator General report on the IRS targeting of the Tea Party and conservative groups. Lerner stated that she had been “cautioning” fellow IRS employees to be “cautious about what we say in emails” because “Congress has asked for emails”. She was also concerned with hiding information shared through an IRS internal messaging system known as OCS, previously unknown to congressional investigators and others. She asked another employee if “OCS conversations were also searchable.”
  • Texas Margin Tax is the Epitome of Bad Tax Policy

    07/09/2014 12:54:32 PM PDT · by ThethoughtsofGreg · 7 replies
    American Legislator ^ | 7-9-14 | Will Freeland
    With most legislative sessions for 2014 adjourned, many states are now looking forward to November. Other than elections, various ballot initiatives will be voted on later this year. Perhaps the most economically damaging proposal comes from the state of Nevada, where voters will decide whether or not to impose a 2 percent modified gross receipts tax, or margin tax on the state’s businesses. Currently, only Texas has the economically devastating margin tax, at 1 percent, and that has been the subject of multiple votes to repeal just in the 2013 legislative session. Other states, such as Washington and Ohio also...
  • Laredo Mayor: No Taxpayer Money to Help Illegal Immigrants (Won't raise taxes on citizens)

    07/07/2014 9:36:26 PM PDT · by BuckeyeTexan · 27 replies
    KRGV Rio Grande ^ | 07/07/2014 | Staff
    LAREDO - City leaders in Laredo say they will not use taxpayer money to help illegal immigrants released from Border Patrol custody. Laredo Mayor Raul Salinas said the city has to look out for its own citizens. Laredo's position runs counter to those of cities like McAllen, which has spent thousands in tax dollars helping Central Americans released from Border Patrol custody.
  • Egypt president raises cigarette, alcohol prices

    07/06/2014 7:15:56 AM PDT · by Olog-hai · 8 replies
    Associated Press ^ | Jul 6, 2014 9:45 AM EDT
    Egypt’s president has issued a decree raising the sales tax on cigarettes by up to 50 percent and on beer by 200 percent. […] President Abdel-Fattah el-Sissi, former military chief elected last month, vowed to take tough decisions to address the country’s battered economy. This weekend, el-Sissi also partially lifted subsidies on fuel, a politically sensitive issue that Egypt’s previous leaders had avoided. …
  • The Real Internal Revenue Scandal

    07/06/2014 7:03:17 AM PDT · by Innovative · 31 replies
    NY Times ^ | July 5, 2014 | NY Times Editorial Board
    There is a scandal going on at the Internal Revenue Service, but it has nothing to do with Lois Lerner or her missing emails. No, the real scandal is what Republicans did to cripple the agency when virtually no one was looking. Since the broad Tea Party-driven spending cuts of 2010, the agency’s budget has been cut by 14 percent after inflation is considered, leading to sharply reduced staff, less enforcement of the tax laws and poor taxpayer service. The budget cutters are also trying to prevent the agency from performing its new job of collecting higher taxes on the...
  • Marijuana is illegal under federal law, should IRS be able to collect taxes on Colorado pot sales?

    07/05/2014 5:43:33 PM PDT · by Libloather · 55 replies
    Fox 6 Now ^ | 7/05/14
    (CNN) — Some Colorado marijuana sellers are challenging Uncle Sam. They’re filing a lawsuit — saying the IRS shouldn’t be allowed to collect taxes on marijuana sales because marijuana is illegal under federal law. Attorney Rob Corry says forcing Colorado’s recreational marijuana businesses to pay violates the United States Constitution. He has filed a lawsuit in District Court on behalf of clients, some of whom say taxes could be used as evidence in any future prosecution. “They’re open records and they are admitting to a federal crime. It’s still a federal crime to sell marijuana,” Corry said.
  • Five Reasons Not to Raise the Gas Tax

    07/05/2014 8:12:09 AM PDT · by Tolerance Sucks Rocks · 34 replies
    The Huffington Post ^ | July 3, 2014 | Randal O'Toole
    The federal Highway Trust Fund is running out of money, and some senators have proposed to fix the problem by raising gas taxes. This, however, is the wrong solution because it treats the symptom, and not the underlying reason for the shortfall. Here are five reasons for not increasing gas taxes. 1. The problem is not a shortage of funds but an excess of spending. For more than 50 years after Congress created the Highway Trust Fund in 1956 it was able to avoid a shortage of funds by a simple measure: it didn't spend more than was collected in...
  • Pension chaos hits Chicago, Illinois budgets

    07/04/2014 10:40:22 PM PDT · by george76 · 71 replies
    Crain's Chicago Business ^ | July 04, 2014 | GregHinz.
    yesterday's decision in a key Illinois Supreme Court case has set off a first-class explosion in state and local government, potentially punching tens of billions of dollars in holes in their collective budgets. Some elements of the court's decision are drawing intense debate. But if the overnight consensus is anywhere near correct, everyone from City Hall and the Capitol to your local village and school board will have little option now but to dig deep, cut services and raise taxes a lot — and labor unions little incentive to compromise. "The law in Illinois is now crystal clear: Politicians cannot...
  • Berkeley To Force Marijuana Dispensaries To Provide Free Weed For Low-Income Patients

    07/04/2014 8:49:37 AM PDT · by Innovative · 43 replies
    CBS Local ^ | July 4, 2014 | Ryan Takeo
    The city of Berkeley will require medical marijuana dispensaries to give away two percent of the amount of cannabis they sell each year free to low-income patients. The City Council voted unanimously at Tuesday’s meeting to amend the city’s medical pot rules, which would also allow for a fourth dispensary in Berkeley. Under the proposal, at least two percent of all medical weed dispensed at a club would have to be provided at no cost to very low-income members — and it must be the same quality that’s dispensed to regular paying customers.
  • The IRS Crackdown on Offshore Tax Cheats Comes with a Price

    07/04/2014 5:44:44 AM PDT · by SeekAndFind · 40 replies
    Fiscal Times ^ | 07/04/2014 | John Grgurich
    <p>If you're an American, July 4 likely holds some significance for you, even if that's only getting the day off from work, having a beer, and watching some fireworks. But if you're an American living overseas, July 1 may come to hold an even greater significance — the day the Internal Revenue Service's new overseas tax-collection rules took effect.</p>
  • At Walgreen, renouncing corporate citizenship

    07/01/2014 3:19:54 PM PDT · by 2ndDivisionVet · 33 replies
    Yahoo! Finance / The New York Times ^ | July 1, 2014 | Andrew Ross Sorkin
    A little less than two years ago, Gregory D. Wasson, the chief executive of Walgreen, sought a series of tax breaks from Illinois, where his company is based. “We are proud of our Illinois heritage,” he said at the time. “Just as our stores and pharmacies are health and daily living anchors for the communities we serve, we as a company are now recommitted to serving as an economic anchor for northeastern Illinois.” The state gave Walgreen $46 million in corporate income tax credits over 10 years in exchange for a pledge to create 500 jobs and invest in upgrading...
  • Yes, if You Cut Taxes, You Get Less Tax Revenue (anti-KS fail)

    06/29/2014 2:14:53 AM PDT · by Olog-hai · 13 replies
    New York Times ^ | June 27, 2014 | Josh Barro
    Kansas has a problem. In April and May, the state planned to collect $651 million from personal income tax. But instead, it received only $369 million. In 2012, Kansas lawmakers passed a large and rather unusual income tax cut. It was expected to reduce state tax revenue by more than 10 percent, and Gov. Sam Brownback said it would create “tens of thousands of jobs.” In part, the tax cut worked in the typical way, by cutting tax rates and increasing the standard deduction. But Kansas also eliminated tax on various kinds of income, including income described commonly—and sometimes misleadingly—as...
  • Tsunami of Foreign Minors to Hit Public Schools, Texas Officials Silent

    06/28/2014 4:13:31 PM PDT · by 2ndDivisionVet · 40 replies
    Breitbart's Texas ^ | June 28, 2014 | Merrill Hope
    DALLAS, Texas--Nerves are starting to fray. Texans want answers about the tsunami of undocumented and unaccompanied minors that may well hit public school classrooms this Fall. Breitbart Texas reported that the Clear Lake Tea Party (CLTP) voiced strong concerns about how these minors will be absorbed into classrooms across the state. Locally, it stands to tax Texans in more ways than one and how schools prepare comes with a surprising answer. Breitbart Texas asked Texas Education Agency (TEA) Director of Media Relations Debbie Ratcliffe who said, "We are monitoring the situation but, at this point, we have no districts report...
  • The Dark Road: The Worst Tax Law You've Never Heard About (effective July 1st)

    06/28/2014 11:11:55 AM PDT · by TigerClaws · 34 replies
    It broke Ruth Freeborn’s heart to give up her U.S. citizenship that fateful day last year. Unfortunately for the Oklahoma native, though, it was either that, or her family. Ruth’s Canadian husband of 33 years, who earns all of the middle-class family’s income, “simply could not go along with this situation,” she explained. “To find myself suddenly not able to live, bank, save or to keep peace in my marriage while being American at the same time was shocking at first and deeply disturbing to me.” Ruth wrote “what must have been” hundreds of letters to U.S. senators and officials,...
  • EXCLUSIVE — Charlie Crist’s Wife Slapped With Florida Tax Lien!

    06/28/2014 7:32:22 AM PDT · by SoFloFreeper · 12 replies
    gossipextra.com ^ | 6/27/14 | Jose Lambiet
    The bureaucracy that’s being run by incumbent Gov. Rick Scott just filed a tax lien against his Democratic challenger Charlie Crist‘s wife, Gossip Extra has learned exclusively. Holy Crist! According to a document filed in Crist’s home city of St. Petersburg, the state’s Department of Revenues filed a lien against Carole Crist for non-payment of the reemployment tax for a period stretching from July 2012 through September 2013. For the oversight, the state wants millionaire Carole to pony up $352.61, which includes the actual $100-tax, a $200-penalty, $50.24 in fees and $2.37 in interest.
  • IRS Admits To A Smidgeon Of A Felony

    06/27/2014 5:38:07 PM PDT · by raptor22 · 34 replies
    Investor's Business Daily ^ | June 27, 2014 | IBD EDITORIALS
    Scandal: The Internal Revenue Service admits it broke the law after an organization whose private tax data are illegally shared with an ideological competitor wins its lawsuit. So who is going to prison for this federal crime? If IRS Commissioner John Koskinen wants to know which criminal statutes have been broken, he might try reading about one in the morning newspapers, the same place President Obama gets his information about the "phony scandal" du jour. The National Organization for Marriage has been awarded a $50,000 settlement from the IRS after the agency admitted wrongdoing in leaking the organization's 2008 tax...
  • Obama to pitch economic agenda in Minnesota

    06/27/2014 3:01:17 AM PDT · by SoFloFreeper · 4 replies
    Fox News ^ | 6/27/14
    ....Obama is pitching his ideas to boost the American middle class in Minnesota, a state that already has embraced a key component of the president's economic agenda by moving to raise its minimum wage....
  • The Reality Is That There Is No Difference Between Republican and Tea Party Candidates (Laff-riot)

    06/26/2014 2:20:43 PM PDT · by 2ndDivisionVet · 12 replies
    In order to understand their surroundings, human beings depend on their brain’s ability to organize, identify, and interpret a barrage of sensory information that allows them to perceive, among other things, a potential threat. There has been a gross misperception among a large number of people who observe American politics that the greatest threat to this country, and more specifically its democracy, is the rise of extremists in the conservative movement. As a rule, the first extremist group that comes to most people’s mind is the Koch brothers’ tea party movement that they errantly bifurcate from establishment Republicans and it...
  • Obamacare Will Suck the Life Out of the Economy

    06/26/2014 5:33:37 AM PDT · by SoFloFreeper · 21 replies
    CNBC ^ | 6/26/14 | Edward Morrissey
    The word "unexpectedly" for negative economic reports has become a much-mocked cliché in the media over the past five-plus years of recovery, but this week's final look at first-quarter economic growth deserves an exception. First estimated at a meager 0.1 percent annualized rate, and then downwardly revised to -1.0 percent in May, most economists expected a smaller revision to the downside – in the -1.5 percent-1.8 percent range.
  • IRS Wanted Lois Lerner Emails To Disappear

    06/24/2014 9:52:31 AM PDT · by raptor22 · 110 replies
    Investor's Business Daily ^ | June 24, 2014 | IBD EDITORIALS
    Scandal: The IRS canceled a contract with an email storage contractor weeks after Lois Lerner reported lost personal files and before other IRS officials had their hard drives crash as Tea Party-targeting investigations began. Timing is everything, the saying goes, and sometimes the timing of events is also very curious, as in the case of the lost emails of Lerner and at least six other officials at the very same time the IRS canceled its contract to back up and preserve those emails as required by federal law. Lerner's computer supposedly crashed in June 2011, an alleged event the IRS...
  • U.S. Supreme Court gives taxpayers more power to fight IRS summons (9-0)

    06/24/2014 6:37:09 AM PDT · by Enterprise · 32 replies
    OAN ^ | June 19, 2014 | Patrick Temple - Reporting
    The U.S. Supreme Court on Thursday ruled unanimously that taxpayers have a right to challenge an Internal Revenue Service summons enforcement action in court when they can show the tax agency might have issued the summons in bad faith. The tax-collecting IRS argued taxpayers already have opportunities to challenge a summons, but the nine justices ruled in favor of a Florida man who demanded an evidentiary hearing about the motives of IRS officials for issuing a summons.
  • Conan O'Brien Pays Back Taxes, Avoids Home Auction

    06/23/2014 7:39:53 PM PDT · by ButThreeLeftsDo · 30 replies
    KSTP.com ^ | 6/23/14 | AP
    SNIP... O'Brien publicist Drew Shane issued a statement saying O'Brien had been unaware he owed back taxes. He blamed the problem on a clerical error that prevented the bill from reaching O'Brien's accountant in Los Angeles. SNIP...
  • Congressman introduces 'The Dog Ate My Tax Return Act'

    06/20/2014 7:47:57 PM PDT · by Whenifhow · 49 replies
    http://www.wnd.com/ ^ | June 20, 2014 | BOB UNRUH
    A statement released from the office of Rep. Steve Stockman, R-Texas, says what’s good for the government should be good for taxpayers. So there might come a time in the future when a letter starting out, “Dear IRS, The dog ate my tax receipts,” would be a perfectly acceptable response to a government inquiry about those “health cost” deductions for a hot tub and the trips to the Bahamas. The word came from Stockman’s office on Friday after a contentious hearing in Congress where the chief of the IRS said there was no apology due for the agency’s loss of...
  • Trail Of Lost IRS Emails Might Lead To White House

    06/20/2014 6:15:04 PM PDT · by raptor22 · 52 replies
    Investor's Business Daily ^ | June 20, 2014 | IBD EDITORIALS
    Scandal: One of the seven people, including Lois Lerner who lost emails from the period of Tea Party targeting by the IRS, served as chief of staff to former IRS head Steven Miller. She also made 35 visits to the White House. The funny thing about emails is that they are never orphans. When you send one, there's always a recipient who has his or her own copy. The "lost" Lois Lerner emails had recipients. How about subpoenas to all of them during the Tea Party targeting period? That should help find what we need to know — or maybe...
  • Stop Funding a Corrupt Government!

    06/20/2014 9:30:12 AM PDT · by MichaelAsher54 · 11 replies
    Penetrating Insights into the Obvious ^ | June 19, 2014 | Michael Asher
    Over 150 million Americans are on some form of government assistance So raise the number of dependents on your W-4 to 150,000,000 and take a Tax Holiday in 2014, 2015 & 2016
  • Don’t Raise the Gas Tax: Sen. Bob Corker's Idea is Bad Policy and Bad Politics

    06/20/2014 6:53:27 AM PDT · by SeekAndFind · 15 replies
    National Review ^ | 06/20/2014 | The Editors
    The federal Highway Trust Fund, historically, is a fund that the government can’t be trusted to spend on federal highways. Unfortunately, Senator Bob Corker (R., Tenn.) is proposing to put more money in it by raising the federal gasoline tax, a proposal he’s concocted with Senator Chris Murphy (D., Conn.). Corker’s idea is bad policy and bad politics. The politics: Gas prices are rising rapidly, taxes on fuel are regressive, and Americans, rightly, really don’t like when you raise any kind of tax at all. There’s no pressing policy reason to increase the tax. The trust fund has plenty of...
  • Senator Murphy (D-CT) proposes increase in federal gas tax

    06/19/2014 9:46:40 AM PDT · by matt04 · 15 replies
    Connecticut residents may soon be seeing more federal tax hikes in the gas and diesel purchased, the first hike in 20 years. Lawmakers in Washington, DC said the federal highway trust fund will be empty in a few months if they don't come up with a plan to refill it. Connecticut Sen. Chris Murphy and Tennessee Sen. Bob Corker proposed raising the federal tax $0.12 over the next two years to replenish the fund, however, taxpayers aren't approving of this. "That's not going to work for me. I'm a single parent, I can't afford that," said Latoya Leery. Connecticut drivers...
  • US Gasoline Tax Increase Urged by Bipartisan Pair of Senators

    06/18/2014 5:08:56 PM PDT · by 2ndDivisionVet · 51 replies
    Two U.S. senators on Wednesday proposed raising federal gasoline and diesel fuel taxes by 12 cents a gallon [3.2 cents a liter] over the next two years to keep a road and bridge fund from going broke. The gasoline tax now stands at 18.4 cents a gallon, and the diesel tax at 24.4 cents a gallon. The politically sensitive levies have not been increased since 1993. The senators' plan faces an uphill fight this year, with congressional elections coming in November. Senators Bob Corker, a Republican, and Chris Murphy, a Democrat, called for the tax increase, with the new revenue...
  • Sens. Corker, Murphy Propose 12-Cent Gas Tax (Spot the RINO here)

    06/18/2014 3:23:28 PM PDT · by bestintxas · 33 replies
    newsmax ^ | 6/18/14
    Two senators unveiled a bipartisan plan Wednesday to raise federal gasoline and diesel taxes for the first time in more than two decades, pitching the proposal as a solution to Congress' struggle to pay for highway and transit programs. The plan offered by Sens. Chris Murphy, D-Conn., and Bob Corker, R-Tenn., would raise the 18.4-cents-a-gallon federal gas tax and 24.4-cents-a- gallon diesel tax by 12 cents each over the next two years, and then index the taxes to keep pace with inflation. The plan also calls for offsetting the tax increases with other taxes cuts. Senators said that could be...
  • Obamacare costs $82 for subsidy-eligible people and $264 for the feds on average

    06/18/2014 1:59:59 AM PDT · by SoFloFreeper · 3 replies
    CNN ^ | 6/18/14
    The federal government is shelling out $264 a month, on average, for people who qualify for premium subsidies on the Obamacare federal exchange. That leaves the subsidy-eligible with an average bill of $82 a month for health insurance after the hefty credits, according to a report issued Wednesday by the Department of Health and Human Services.