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Keyword: taxreform

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  • Blame Minimum Wage, Not Carl’s Jr. CEO, For Automated Restaurants

    05/17/2016 12:12:21 PM PDT · by Jim 0216 · 72 replies
    The ROOT CAUSE of our economic woes including business leaving our shores is the FEDERAL GOVERNMENT unconstitutionally forcing minimum wage on business. Minimum wage, regulations, unions, and high taxes are THE CAUSE of businesses moving elsewhere. Federal government is the problem NOT the solution. Although I support Trump, his tariff proposals are MORE federal government and do NOTHING to attack the ROOT CAUSES of the loss of jobs in our country. Tariffs have the appearance but not the reality of a solution - they are only palliative and delay the actual reforms needed. A tariff is a tax and China...
  • Hillary Clinton Says She’ll Put A Tax-Cutting Deregulator In Charge Of Economic Policy

    05/17/2016 3:24:05 AM PDT · by IBD editorial writer · 32 replies
    Investor's Business Daily ^ | 5/16/2016 | Staff
    Hillary Clinton made a big announcement Sunday, saying she’d put her husband “in charge of economic revitalization.” Only problem is that she’s already forsworn all the policies Bill enacted while he was in office that led to the 1990s boom.
  • IRS Chief: “Trump is a liar, we audited him because his taxes are highly suspicious” [IRS Lies]

    05/16/2016 9:03:14 AM PDT · by Roos_Girl · 157 replies
    Greenville Gazette ^ | March 2, 2016 | Juan Wilder
    “We don’t care who you are,” stated Koskinen, “Whether you go to church, or don’t go to church.” Koskinen explained audits occur when something pops up in your tax returns they find suspicious. It’s basically all about the numbers. Party or religious affiliation is not part of any IRS audit red flag, according to Koskinen.
  • Don't let 'Never Trump' become 'Ready for Hillary' (Rally 4 Trump - Rally 4 America First)

    05/15/2016 5:32:15 PM PDT · by Beautiful_Gracious_Skies · 40 replies
    CNN -opinions ^ | May 7, 2016 | Brett J. Talley
    From the article: Donald Trump is the Republican presumptive nominee, but ... you'll read articles urging voters never to support him. Ignore them. Many of these Trump opponents are principled people. Some fear Trump, ... they believe ... that America and its institutions, ... cannot endure a Trump presidency.... ... Trump's most vocal opponents -- prefer a president they can control... Trump is a wild card, and in a race between the devil they know and the one they don't, they'll take Hillary Clinton every time. Another four years of a Democratic president is, after all, good for business. And...
  • Trump Claims Clinton Bias, Blasts Stephanopoulos on Taxes ‘It’s None Of Your Business!’ (GMA 5/13)

    05/13/2016 12:38:27 PM PDT · by Sybeck1 · 54 replies
    https://www.youtube.com/watch?v=cEi8MFTOZ3c Trump Claims Clinton Bias, Blasts Stephanopoulos on Taxes ‘It’s None Of Your Business!’
  • Wealth Confiscation for the Digital Age: the New “Cash Tax”

    05/11/2016 1:35:23 PM PDT · by Lorianne · 21 replies
    Wolf Street ^ | 10 May 2016 | Brian Hunt
    “Negative interest rates” have become a phenomenon with economists and the media. But I’m writing to tell you something about negative interest rates you haven’t heard. You certainly won’t hear about it in the mainstream press. What’s coming at you is a historic event. It’s something our grandchildren will hear stories about, much like the Great Depression or the Cold War. It could send the price of gold much higher in the coming years. If you know what’s coming, it could mean the difference between having lots of free cash in retirement and barely getting by. And please remember this...
  • Trump just exposed America's dirty little secret: Schiff

    05/08/2016 5:20:55 PM PDT · by RayofHope · 125 replies
    CNBC ^ | 05/08/2016 | Trump just exposed America's dirty little secret: Schiff
    Presumptive Republican presidential nominee Donald Trump just revealed an inconvenient truth about U.S. debt, the outspoken and often controversial Peter Schiff told CNBC in a recent interview. Last week, Trump joined CNBC's "Squawk Box" last week to discuss a wide range of topics including U.S. debt, interest rates and replacing Fed Chair Janet Yellen. It was Trump's comments about potentially renegotiating the more than $19 trillion in U.S. debt and the sensitivity surrounding higher interest rates that raised eyebrows. While some observers argued that Trump's approach could be tantamount to a debt default, Schiff told CNBC the GOP nominee was...
  • Trump: I’ll reduce the national debt by getting creditors to accept less

    05/06/2016 1:00:04 PM PDT · by SeekAndFind · 72 replies
    Hotair ^ | 05/06/2016 | AllahPundit
    <p>Reminds me of something Mike Murphy said about Trump in the aftermath of Jeb’s collapse. The logic in favor of nominating another Bush was always, er, complicated, but the logic against nominating a loose cannon is straightforward.</p> <p>I’ll bet even Murphy didn’t think Trump would advertise the possibility that America’s creditors might not receive payment in full in a Trump administration. Choose your own preferred term for what he’s recommending here — renegotiation, bankruptcy, default.</p>
  • Newt Gingrich: Trump Could Be ‘The Most Effective Anti-Left Leader in Our Lifetime’ (VIDEO)

    05/03/2016 8:00:40 PM PDT · by KentTrappedInLiberalSeattle · 127 replies
    Gateway Pundit ^ | 05/03/2016 | Jim Hoft
    Newt Gingrich went on with Sean Hannity tonight after the Donald Trump’s Indiana blowout and after Ted Cruz suspended his campaign. Newt argued that Donald Trump could be the “the most effective anti-left leader in our lifetime.” Newt added that anyone who does not support Trump is supporting Hillary. First of all, Donald Trump may turn out to be the most effective anti-left leader in our lifetime. He is against political correctness. He is against bureaucracy. He places American nationalism first which I think we desperately need. I’m tired of being told we have to phony agreements and phony efforts...
  • Trump Shows His Solid Policy Chops

    05/05/2016 5:52:22 AM PDT · by RoosterRedux · 19 replies
    Newsmax.com ^ | Betsy McCaughey
    The rap on Donald Trump is that he’s all bluster. The New York Times says he’s offering “incoherent mishmash.” Ted Cruz claims Trump has “no idea” how to fix the economy. Don’t’ believe it. The Trump campaign is putting forward proposals to fix problems facing the nation, from the long waits for medical care at the VA to the impending collapse of Obamacare. Check out Trump’s economic plan, for starters. Unlike Hillary Clinton’s radical anti-business agenda, Trump’s plan would actually help unemployed Americans get back to work. Trump slashes the corporate tax rate to 15 percent, down from the current...
  • Rep. Stephen Lynch (D-MA) pushing Hollywood Fiction for More Banking Regulations

    05/05/2016 8:25:41 AM PDT · by Sean_Anthony · 4 replies
    Canada Free Press ^ | 05/05/16 | Megan Barth
    The Big Short: As The Big Short is short on reality, Big Government is short on accountability If it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidize it.—Ronald Reagan Enter Dodd Frank: legislation named after Democrats’ Christopher Dodd and Barney Frank, which enacted 2,300 pages of banking regulations. What could have possibly gone wrong with 2,300 pages of new government regulations on banks? This:
  • Trump say he’s open to higher minimum wage, goes after Sanders supporters

    05/04/2016 4:20:24 PM PDT · by ifinnegan · 143 replies
    Washington Times ^ | May 4, 2016 | SA Miller
    Presumptive Republican presidential nominee Donald Trump said Wednesday that he was open to raising the federal minimum wage, breaking with the prevailing view of his party. “I’m actually looking at that because I am very different from most Republicans,” Mr. Trump said in an interview on CNN’s. “You have to have something that you can live on.”
  • Jimmy Kimmel punks Hillary supporters by reading them parts of Trump's tax plan ...

    09/30/2015 11:27:16 AM PDT · by TigerClaws · 11 replies
    Donald Trump's tax plan is so friendly to low-income Americans that even Hillary Clinton fans can be tricked into supporting it, comedian Jimmy Kimmel discovered this week. The Jimmy Kimmel Live host decided to punk a group of Hillary voters, walking the streets of Hollywood, by sending out a staffer and having him list off parts of Trump's tax plan – but say it was Clinton's instead. Kimmel's guy ticked off parts of the plan – liberal-friendly items like no taxes for low-income workers, and conservative red meat like killing off the death tax – and received a chorus of...
  • Why Hillary’s And Bernie’s Tax Hikes On The Rich Are Doomed To Fail

    05/03/2016 4:00:13 AM PDT · by expat_panama · 30 replies
    Investors Business Daily ^ | 5/02/2016 | TERRY JONES
    Democratic presidential candidates Bernie Sanders and Hillary Clinton often assert that the only way to correct wealth inequality in America is to tax the rich at even higher rates. A new study suggests this is false. As part of what she called the “growth and fairness economy,” Hillary Clinton has proposed surtaxes on the wealthy and higher taxes on all capital gains to “shuffle the deck,” as she put it. In the past, she has hammered the rich for being, well, rich. “Economists have documented how the share of income and wealth... ...both Clinton and Sanders would raise rates on...
  • Bill Gates calls for higher capital gains taxes

    05/02/2016 8:29:17 AM PDT · by DCBryan1 · 75 replies
    CNBC ^ | 02 MAY 16 | Robert Frank | @robtfrank
    Bill Gates said investment gains should be taxed at the same level as ordinary income — a bold call for one of the world's largest investors. Speaking Monday on CNBC's "Squawk Box," Gates said that he's "pleased" that there is more discussion around changing the tax code. When asked what he would alter, Gates sided with his pal Warren Buffett and said he supports raising the earned income tax credit. But Gates also said he would raise the tax rate for capital gains — the largest source of income for the richest Americans. The current top tax rate on capital...
  • How Craig Wright Privately ‘Proved’ He’s the Father of Bitcoin

    05/02/2016 12:18:38 PM PDT · by nickcarraway · 9 replies
    Wired ^ | 05.02.16 | ANDY GREENBERG
    WHEN RUMORS SURFACED early last month that Australian cryptographer Craig Wright would attempt to prove that he created Bitcoin, Gavin Andresen remained skeptical. As the chief scientist of the Bitcoin Foundation, his opinion counts: Andresen is among the earliest programmers for the cryptocurrency, and likely the one who has corresponded more than anyone with Satoshi Nakamoto, Bitcoin’s pseudonymous, long-lost inventor. Today, Andresen fully believes that Wright is Nakamoto. Now he’ll have to convince the rest of the world, because he’s among the only people to have seen what he claims is the best evidence in Wright’s favor. In an interview...
  • Fantasy Math Is Helping Companies Spin Losses Into Profits

    05/01/2016 12:18:04 PM PDT · by Lorianne · 34 replies
    New York Times ^ | 22 April 2016 | GRETCHEN MORGENSON
    Companies, if granted the leeway, will surely present their financial results in the best possible light. And of course they will try to persuade investors that the calculations they prefer, in which certain costs are excluded, best represent the reality in their operations. Call it accentuating the positive, accounting-style. What’s surprising, though, is how willing regulators have been to allow the proliferation of phony-baloney financial reports and how keenly investors have embraced them. As a result, major public companies reporting results that are not based on generally accepted accounting principles, or GAAP, has grown from a modest problem into a...
  • E.J. Dionne: In American politics, stupidity is the name of the game (Need to Tax the rich more)

    07/29/2010 7:42:56 AM PDT · by SeekAndFind · 21 replies
    Washington (Com)Post ^ | 07/29/2010 | E.J. Dionne Jr.
    Can a nation remain a superpower if its internal politics are incorrigibly stupid? Start with taxes. In every other serious democracy, conservative political parties feel at least some obligation to match their tax policies with their spending plans. David Cameron, the new Conservative prime minister in Britain, is a leading example. He recently offered a rather brutal budget that includes severe cutbacks. I have doubts about some of them, but at least Cameron cared enough about reducing his country's deficit that alongside the cuts he also proposed an increase in the value-added tax, from 17.5 percent to 20 percent. Imagine:...
  • "The Forgotten History of the Federal Income Tax"

    04/25/2016 8:41:36 AM PDT · by Oldpuppymax · 17 replies
    The Coach's Team ^ | 4/25/16 | Susan Frickey
    “The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.” – The 16th Amendment, Ratified 1913 The birth of the income tax! Prior to 1913, the constitutionally limited responsibilities of the federal government were generally covered by import tariffs. Occasionally, temporary taxes were imposed to pay for wars, but were to be apportioned by the states and could not be direct, personal taxes, according to the Constitution in Article I, sections 2 and 9. W. Cleon Skousen wrote a very...
  • NBC Pushes Trump to the Left on Transgender Bathrooms, Abortion, Taxes

    04/21/2016 10:27:35 AM PDT · by TexasCajun · 64 replies
    NewsBusters.org ^ | April 21, 2016 | Kyle Drennen
    Trump acknowledged that he “had a feeling that question was going to come up” and proceeded toe the liberal line of political correctness: “Well, look, North Carolina did something that was very strong and they're paying a big price and there's a lot of problems....People go, they use the bathroom that they feel is appropriate. There has been so little trouble.” ... Fellow co-host Savannah Guthrie turned to the subject of abortion: “The Republican platform, every four years, has a provision that states that the right of the unborn child shall not be infringed. And it makes no exceptions for...
  • Harvard Law activists demand free tuition as a matter of racial justice

    04/20/2016 2:38:23 PM PDT · by PROCON · 43 replies
    washingtontimes ^ | April 20, 2016 | Jessica Chasmar
    A group of Harvard Law School activists are demanding the graduate school do away with tuition fees, which they argue are “racially biased.” Members of the group Reclaim Harvard Law School published an open letter Sunday addressed to Law School Dean Martha L. Minow and members of the Harvard Corporation — the University’s highest governing body — demanding an end to tuition costs that they argue impose an unfair financial burden on students of color, The Harvard Crimson reported. Tuition at the law school will rise to $59,550 for the 2016-2017 academic year, and students are graduating with an average...
  • There's an even better solution to poverty than a $15 minimum wage (Basic universal income)

    04/20/2016 2:16:51 PM PDT · by 2ndDivisionVet · 33 replies
    Tech Insider ^ | April 20, 2016 | Chris Weller
    Bernie Sanders and Hillary Clinton spent a great deal of time debating the merits of raising the minimum wage at the last Democratic debate on April 14. Sanders, ever the radical, stood behind the popular $15 minimum wage figure that will soon take hold in California and New York. Clinton, who's long pushed for $12, updated her position in support of $15 figure. Both could be misguided. While raising the minimum wage does make sense on paper — working people need to make more to survive than they can on today's minimum wage, so we should give them more money...
  • 45% of Americans pay no federal income tax

    04/18/2016 1:50:30 PM PDT · by george76 · 49 replies
    MarketWatch ^ | Apr 18, 2016 | Catey Hill
    An estimated 45.3% of American households — roughly 77.5 million — will pay no federal individual income tax ... The top 1% of taxpayers pay a higher effective income-tax rate than any other group (around 23%, according to a report released by the Tax Policy Center in 2014) — nearly seven times higher than those in the bottom 50%. On average, those in the bottom 40% of the income spectrum end up getting money from the government. Meanwhile, the richest 20% of Americans, by far, pay the most in income taxes, forking over nearly 87% of all the income tax...
  • Why Tax Reform Is Forever Doomed

    04/18/2016 9:06:11 AM PDT · by SeekAndFind · 33 replies
    RCM via Washington Post ^ | 04/18/2016 | Robert Samuelson
    WASHINGTON - Almost everyone agrees that America's income tax is too complex. Considering this, you might expect that simplifying the income tax would be a slam dunk. Sure enough, the various presidential candidates have proposed sweeping overhauls. But any agreement is mostly rhetorical. The odds that the next president, whoever it be, will engineer genuine tax simplification are negligible. On this Tax Day, it's worth pondering why. Make no mistake: I think we'd be better off with a simpler system. By this, I mean a system with a broader tax base and lower rates. I'd eliminate most tax preferences and...
  • Steve Forbes: Obama Ratchets Up War on Private Sector

    04/15/2016 3:33:34 AM PDT · by HomerBohn · 15 replies
    News Max ^ | 4/14/2016 | R. Williams
    President Barack Obama is making sure that his administration spends its last days in power by piling on more rules and regulations on private industry, and Republicans have failed to push back. That’s the message from publisher Steve Forbes in a magazine editorial published on its website. “The Obama Administration has let it be known that the White House and the regulatory agencies will be issuing a blizzard of new rules and decrees in the waning months of his miserable regime,” Forbes writes. “These will affect overtime, unionization, the environment and finance, among other areas, thereby hobbling enterprise even more.”...
  • Mad At Corporate Tax Dodgers? Blame Democrats

    04/15/2016 4:21:02 AM PDT · by IBD editorial writer · 9 replies
    Investor's Business Daily ^ | 4/14/216 | Staff
    Tax Reform: The left is aghast that more than 20% of large, profitable corporations paid zero income taxes. But it’s the Democrats’ own tax policies that have created this odd situation.
  • David Cameron should 'resign immediately' after admitting he trousered profits from Dad's...

    04/07/2016 6:13:57 PM PDT · by SunkenCiv · 29 replies
    Mirror UK ^ | Thursday, April 7, 2016 | Mikey Smith , Jack Blanchard
    MPs have called for the Prime Minister to 'resign immediately' after being 'less than honest' about profiting from his Dad's offshore firm. MPs have demanded David Cameron's immediate resignation, after being "less than 100% honest" about profiting from his father's offshore fund. The Prime Minister finally cracked tonight after days of dodging questions over whether he had personally profited from his late father Ian’s investment firm, which was based in a tax haven in the Bahamas. He admitted owning thousands of shares with wife Sam which he flogged for Ł30,000 just weeks before he became Prime Minister.
  • Senate Dem: National debt is not 'a threat to our country'

    04/07/2016 3:49:49 AM PDT · by kevcol · 35 replies
    The Washington Examiner ^ | April 6, 2016 | Joel Gehrke
    Senate Democrats on Wednesday couldn't agree that federal debt is a national security problem, in a hearing aimed at assessing the long-term strategic implications of the government's $19 trillion debt. "A realistic discussion about it, and accepting expert opinion that this debt that we have is not actually right now a threat to our country, is I think a more realistic and honorable way of talking to the American people about it," Sen. Ed Markey, D-Mass., said during a Senate Foreign Relations Committee hearing on Wednesday. That surprised committee chairman Bob Corker, who concluded the hearing by describing such views...
  • Russia flexes Central Asia military might amid Afghan fears

    05/17/2015 4:09:32 AM PDT · by Paid_Russian_Troll · 18 replies
    AFP/Yahoo ^ | Akbar Borisov with Chris Rickleton in Bishkek
    Russia has deployed hundreds of troops for drills in Central Asia with its ex-Soviet allies in a show of force as anxiety grows over a surge in fighting in neighbouring Afghanistan. Around 2,500 personnel from the Russian-led Collective Security Treaty Organisation (CSTO) are taking part in joint exercises due to run to Wednesday in Tajikistan. The move is seen as re-enforcing Moscow's role as the main guarantor of the fragile region's security after US troops leave Afghanistan. The Russian deployment of about 500 troops for the drills started last week, bolstered by soldiers from Tajikistan, Kazakhstan, Kyrgyzstan, Armenia and Belarus....
  • Why Is America Richer than Kazakhstan, and Why Has Estonia Surpassed Croatia?

    05/04/2015 9:12:26 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | May 4, 2015 | Daniel J. Mitchell
    Even small differences in economic growth make a big difference to living standards over time. I frequently share this chart, which highlights how long it takes to double economic output based on different growth rates. I also use real-world examples to show how some nations become much richer than other nations within just a few decades because of better policy and faster growth.HereÂ’s another way to approach the issue. LetÂ’s use a hypothetical example to reinforce the importance of growth. If we went back to 1870 and assumed our economyÂ’s nominal growth rate was one percentage point slower than it...
  • Russian Federation Stirring pro-Russian Separatism in the Republic of Kazakhstan

    04/04/2016 7:19:17 AM PDT · by Leo Carpathian · 11 replies
    InformNapalm ^ | 04/04/2016 | Falcon Bjorn
    The political and military environment in Kazakhstan is deteriorating due to the efforts of pro-Russian activists. The activities of pro-Russian movements in Kazakhstan indicate a tremendous growth of the threat to the acting authority, which emerged in the last 18 months. Currently, Kazakhstan is ready for the repeat of the “Crimean scenario”. It could be triggered by domestic problems in the Russian Federation or a sudden change in the state regime of Kazakhstan. Such threats to Kazakhastan are driven both by its citizens, who are coming home having obtained combat experience in Donbas region, and the increased activities of Cossack...
  • 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...
  • Cruz Plan: VATs Help Trade but Invite Corruption [aw!m vanity]

    04/04/2016 6:38:51 AM PDT · by Arthur Wildfire! March · 15 replies
    Cruz addresses a major reason for our trade deficit. However ... If something confuses people? It invites corruption. A handy rule of thumb in government. Are VATs confusing? Very. ~~~ Even explaining a VAT* is tough because there are many different kinds. Some alleged VATs aren't even VATs according to many. But I'll break it down into two categories: 1. A good VAT. 2. A bad VAT. ~~~ A Good VAT Senator Cruz proposes 'turning the tables' on Europe and other nations which are sneaking money back to corporations which give them jobs. In the nutshell, a good 'VAT' is...
  • Trump doubles-down on allies paying more for US protection, vows to repeal ObamaCare

    04/03/2016 6:10:02 PM PDT · by Innovative · 53 replies
    Fox News ^ | April 3, 2016 | Fox News
    Republican presidential candidate Donald Trump doubled-down Sunday night on his comments that the US should “do a better deal” with Japan, South Korea and other allies, saying they should pay more for America’s protection while taking a greater role in their defense — including building their own nuclear weapons "If you start raising that minimum wage, you're going to make a lot of our companies even more non-competitive," he said. Trump also delved into his plans to change the nation's tax code by "simplifying" it. He also renewed his promise to repeal ObamaCare — though he again wouldn’t offer specifics...
  • IRS Commissioner Admits Defeat - Due To Budget Squeeze IRS Now Poised To Lose $5 Billion Per Year

    03/26/2016 2:01:17 PM PDT · by Kid Shelleen · 59 replies
    Forbes ^ | 03/26/2016 | Josh Ungerman
    Gone are the days of sophisticated tax plans offered by international accounting and law firms to their wealthiest clients which the IRS, with the benefit of hindsight, categorized as “tax shelters”. So why is Commissioner Koskinen raising the flag upside-down in a signal of distress in March of 2016? Tax practitioners all around the country know exactly why. Too many taxpayers and a handful of unscrupulous “tax practitioners” are taking advantage of the almost absolute absence of tax enforcement by the IRS. Yes, “Joe the plumber” and other average taxpayers know that no-one is minding the store. What happens when...
  • Ted Cruz May Have Just Stepped into a Fight That Is Dividing NRA Members (Norquist)

    03/18/2016 2:11:01 PM PDT · by 2ndDivisionVet · 59 replies
    The Trace ^ | March 18, 2016 | Mike Spies
    His newest foreign policy advisor, Frank Gaffney, is a key player in the effort to remove Grover Norquist from the organization's board. Ted Cruz named Frank Gaffney his foreign policy advisor on Thursday, a move that threatens to involve the Republican presidential contender in a contentious fight to get the party's most prominent anti-tax advocate kicked off the National Rifle Association's board. Gaffney once worked for President Ronald Reagan's Department of Defense and now runs the Center for Security Policy, a hyper-conservative think tank that promulgates theories about a Muslim Brotherhood conspiracy to infiltrate the U.S. government. The Southern Poverty...
  • Sorry, Republicans, Ted Cruz is Lying About Abolishing the IRS

    03/04/2016 3:21:31 PM PST · by BlackFemaleArmyCaptain · 161 replies
    The Daily Banter ^ | 3/4/2016 | BOB CESCA
    It's America's favorite pander. Pledging to abolish the Internal Revenue Service is only slightly less attractive than promising unlimited, consequence-free sex with the partners of our choice. Nobody likes the IRS, and eliminating it entirely will surely resolve many, many sleepless nights for too many Americans, especially at this time of year. So, it's no wonder why Ted Cruz is promising to abolish the IRS. It's such a crucial aspect of his platform that he mentioned it twice during his Super Tuesday victory speech in Texas because, for middle-aged Republican voters, it's way better fapping material than naked pics of...
  • Buffett Rails Against Presidential Candidates Who Talk Down Economy

    02/27/2016 1:19:00 PM PST · by Hojczyk · 24 replies
    OANN ^ | February 27,2016 | Jennifer Ablan and Jonathan Stempel
    Warren Buffett bemoaned the “negative drumbeat” on the U.S. economy from presidential candidates in his annual Berkshire Hathaway Inc shareholder letter on Saturday, saying they are misleading Americans into believing their children will be worse off than they are. “It’s an election year, and candidates can’t stop speaking about our country’s problems (which, of course, only they can solve),” Buffett wrote, italicizing “they” for emphasis. As a result of their dour outlook on the U.S. economy, many Americans now believe that their children will not live as prosperously as they themselves do, the 85-year-old Buffett said. “That view is dead...
  • Mega-donors shy away from fight with Trump

    02/24/2016 5:00:43 AM PST · by McGruff · 42 replies
    POLUTICO ^ | February 23, 2016 | KENNETH P. VOGEL and ISAAC ARNSDORF
    As Donald Trump picks up momentum, the chances of a well-funded assault to block him from the Republican presidential nomination are dramatically dwindling, according to interviews with about a dozen donors and operatives who are appalled by the billionaire real estate showman's campaign. The party's elite donor class has mostly closed its checkbooks to groups dedicated to stopping Trump, while the outfits that have built massive reserves are increasingly deciding to forgo anti-Trump campaigns, despite widespread fears that he is making a mockery of conservatism and could undermine Republicans up and down the ballot. The deepest-pocketed operation on the right,...
  • Trump Lays Out Day One Presidential Priorities — Roll Back Obama Exec Orders, Knock Out ObamaCare

    02/24/2016 10:55:52 AM PST · by BlackFemaleArmyCaptain · 79 replies
    Breitbart ^ | 2/24/2016 | Jeff Poor
    Wednesday on ABC's "Good Morning America," Republican presidential front-runner Donald Trump told co-host George Stephanopoulos some of his first-day priorities should be elected president of the United States. Trump, coming off a win a night earlier in the Nevada Republican Caucus, said rolling back President Barack Obama executive orders, including one dealing with the border and immigration, repealing ObamaCare and taking care of the veterans would be his priorities. "Well, the first thing I'd do is knock out some of the executive orders signed by our president," Trump said. "Especially the one on the border where people are allowed to...
  • Tax Reform That Will Make America Great Again

    02/13/2016 10:19:42 AM PST · by UnwashedPeasant · 36 replies
    donaldjtrump.com ^ | unknown | Trump staff
    The Goals Of Donald J. Trump's Tax PlanToo few Americans are working, too many jobs have been shipped overseas, and too many middle class families cannot make ends meet. This tax plan directly meets these challenges with four simple goals: Tax relief for middle class Americans: In order to achieve the American dream, let people keep more money in their pockets and increase after-tax wages.Simplify the tax code to reduce the headaches Americans face in preparing their taxes and let everyone keep more of their money.Grow the American economy by discouraging corporate inversions, adding a huge number of new jobs,...
  • Why Warren Buffett Is a World-Class Con Man

    12/01/2015 10:28:57 AM PST · by Vigilanteman · 13 replies
    InvestmentU.Com ^ | 1 December 2015 | George Everett
    Polls regularly show that investor Warren Buffett is one of the most trusted men in America. What a crock. The man is an imposter, a four-flusher and a humbug. And I can prove it. If you’re skeptical, maybe that’s because - like mushrooms - you’ve been kept in the dark and fed a lot of horse manure. Too many people believe what they hear in the mainstream media. They listen to the lying politicians - that’s 98% of them - in both parties. And they swallow a lot of nonsense from self-styled investment “experts.” (I’ll have a lot more to...
  • H.L. Menckin and Tax Reform

    11/12/2015 11:50:38 AM PST · by Kaslin · 14 replies
    Townhall.com ^ | November 12, 2015 | Hank Adler
    "There is always a well-known solution to every human problem--neat, plausible, and wrong." This comes from H.L. Menckin. "There is always a politician trying to convince you that tax reform is easy, you should be able to do your taxes on a postcard and we should be able to abolish the IRS." This quote comes from me and I suggest this is proof that H.L. Menckin was right. Tuesday's economic debate on Fox provided various tax proposals including a flat tax, elimination of the estate tax, the postcard tax return and the abolishment of the IRS. Let's tend to these...
  • The Cruz Plan: Reagan Reenters the Republican Field

    10/31/2015 6:58:17 AM PDT · by Isara · 8 replies
    American Spectator ^ | 10.30.15 | Peter Ferrara
    Post-Obama tax reform for the 21st century. The Republican Party woke up new and fresh, and ahead of the curve, yesterday morning, leaving the Democrats stale and old back in the 20th century (Keynesian 1930s), if not the 19th (1870s, when Marx was new and cutting edge).History books will note the turning point of the 2016 election as the evening of October 28, 2015. At the Republican debate that night in Colorado, Texas Senator Ted Cruz emerged from the Republican Presidential field as the modern 2016 embodiment of Ronald Reagan.The tax reform plan he unveiled at that debate is as...
  • As Speaker, Paul Ryan Can Finally Get Tax Overhaul Done

    10/28/2015 2:12:08 PM PDT · by afraidfortherepublic · 24 replies
    Wall Street Journal ^ | 10-28-15 | Mark Bloomfield
    Washingtonians agree almost universally on two political phenomena: The House Republican conference is ungovernable, and tax reform is dead That was yesterday. In a matter of days we will have Speaker Paul Ryan, whose track record shows a man that may make the impossible happen. This is based on three key assets. 1. Passion. With a vice presidential candidacy already under his belt, Rep. Paul Ryan declined to run for president in 2016 to devote all of his energy as chairman of the House Ways and Means Committee to his long-time true passion – tax reform. His passion derives from...
  • Donald Trump's wild claim: Unemployment is 42%

    09/28/2015 5:47:46 PM PDT · by 2ndDivisionVet · 93 replies
    CNN Money ^ | September 28, 2015 | Heather Long
    The official U.S. unemployment rate is 5.1% -- the lowest in seven years -- but Donald Trump calls that a "joke." On Monday, he claimed he'd seen numbers that show America's real unemployment rate is as high as 42%. How does he arrive at such a wild figure? Trump appears to be looking at the number of American adults not working. Period. Out of about 251 million American adults, roughly 102 million -- or 40.6% -- aren't working. But, of course, there are a lot of reasons people don't work. They could be disabled, in college, at home raising kids...
  • Trump: Unemployment Rate As High As 40%

    09/28/2015 11:05:48 AM PDT · by TigerClaws · 80 replies
    At Trump Tower, only a few blocks away from the meeting of world leaders at the United Nations, GOP presidential frontrunner Donald Trump announced his new plan to reform the U.S. tax code. After the main announcement, he took questions from the press. On how his plan would address income inequality: TRUMP: In terms of income inequality, we're going to create a lot of jobs. You know, right now we have a false [unemployment rate] 5.4%, 5.3%, 5.6%, every month it is different. It is such a phony number. Because when people look and look and look and then they...
  • Strange bedfellows: Donald Trump and the white working class

    08/23/2015 9:05:46 PM PDT · by 2ndDivisionVet · 68 replies
    Reuters ^ | August 23, 2015 | Justin Gest
    Republican presidential candidate Donald Trump clearly prides himself in shunning focus-group research. He refuses big campaign donations that he asserts make his opponents beholden to special interests. He seems to target no specific constituency. Many pollsters remain puzzled by Trump’s political appeal. “Republican support for Donald Trump just continues to grow,” said Patrick Murray, director of Monmouth Polling after its August survey, “with no clear sense of who his constituency really is.” Yet a constituency is emerging. Trump’s strongest supporters, roughly a quarter of Republican voters across the polls, are not dissuaded by any increased media scrutiny of their candidate....
  • Donald Trump Claims The 'Real' Unemployment Rate Is 18%. Here's What Wall Street Says.

    08/06/2015 11:47:59 AM PDT · by wtd · 52 replies
    Forbes ^ | August 6, 2015 | Dan Diamond
    Donald Trump Claims The 'Real' Unemployment Rate Is 18%. Here's What Wall Street Says.After Donald Trump announced his latest bid for the presidency, I reached out to get details on Trump’s plan to replace Obamacare, and posted that interview on FORBES last week. But for many FORBES readers, the most eye-catching part of the interview wasn’t Trump’s plan for health care. It was what the Trump campaign said about unemployment. “Mr. Trump believes that the real unemployment rate is over 18%, not the reported 5.5%,” a spokesperson told me. Trump’s distrust of the government’s job statistics isn’t new. In July,...
  • TAX REFORM THAT WILL MAKE AMERICA GREAT AGAIN

    09/29/2015 10:23:03 AM PDT · by WilliamofCarmichael · 18 replies
    TRUMP MAKE AMERICA GREAT AGAIN ^ | 9/28/2015 | Donald J. Trump
    This is a HTML LIST version of full text of TAX REFORM THAT WILL MAKE AMERICA GREAT AGAIN [Full text of Trump's Tax plan]. Personally I find it easier to get information when the entire document is in a kind of outline format. Hover underlined words for definitions.