May 9, 2014 at 22:05:56
“I hope they discuss the massive amount of gold ($500 BILLION?) that was stored in Building 7 in the week or two before 9/11 and why the buildup and why none of the gold was ever recovered. There was also reports of special "construction" workers doing unusual "maintenance" work on # 7 in the short time frame before the collapse. I've never heard a viable explanation of why it collapsed - so I've always doubted the official story.”
“Did you see Pope Francis' recent comments about the trickle down policy that the republicans favor? He said "when the glass gets full - it doesn't overflow - the glass magically gets bigger." People tend to be greedy - rich people get super greedy.”
“Sad but true. The rich write the tax laws to favor themselves. They throw a bone to the middle class then reap the big benefits for themselves. Last year the big change in retirement plans was an increase in the maximum contribution from $220k to $250k. Boy that was a big help to normal working people - most of who can't afford to contribute more than a little because their wages are taxed at a much higher rate than those Caymen Island folks.”
“Very true. See my post about the wealthy paying more taxes. I just saw the republicans want to cut the military pay & pensions of our veterans, instead of just raising the tax rates for certain non-wage types of income a little bit. Republican priorities are all screwed up. It amazes me that some poor people and some women still vote for the republicans. They don't understand what the republicans really stand for....”
“How about those with higher income paying more in income taxes than the poor or middle class? If you make $1 million and you pay 30% or $300,000 you are still left with $700,000. The Republican way is if you make $ 20 Million (Like Mitt Romney does) you only pay 14%. Why tax wages at much higher rates than Capital Gains or investment income? That's the Republican way - not too good for the poor & Middle Class, but really good for the wealthy. IN 2010, per the IRS tables, 45% of the income reported by the top 10% qualified for the special low tax rates under the Bush tax cuts. The tax savings enjoyed by the wealthy???? Around $1 TRILLION per year! That would make a difference in our deficit. Seems all our deficit problems started after the Bush tax cuts.”
Bert Williams on Dec 24, 2013 at 02:58:11
“It's funny how people can always come up with a "fair" tax plan when they're talking about taxing someone else's income.”
duhuh on Dec 24, 2013 at 00:02:10
“See Mariner Eccles congressional testimony in 1932. He begged them to save the rich (including himself) from themselves by taxing them, and giving the money to people who would spend the money. He converted FDR from being a bagger into someone baggers hate.”
jmac44 on Dec 23, 2013 at 23:06:33
“When I have to start taking my mandatory 457, my pension that I have saved for 24 yrs, i will have to, not only take it in increments, or the whole sum and I will be charge 25%.
Guess I should have invested in a Romeny, Cayman Island, hide your monies account.”
cr3440 on Dec 23, 2013 at 22:58:16
“are you f-ing kidding me?...the top 5% pay over 60% of the taxes and the bottom 47% pay none...and bush tax cuts were about 1.3 trillion over ten years...”
“Chomsky's statement that GWB's team were not total lunatics is quite a leap of faith. The wealth shift caused by Bush's tax cuts - The WOMD lies - the hysteria whipped up by 9/11 fever - The HUGE federal deficit planned to kill off social security - and so on and so on leads me to believe they were total lunatics. Too bad it looks like they will get away with it.”
Turtleposer on Nov 26, 2013 at 23:38:35
“Actually, they weren't total lunatics. The Bush administration was very successful at getting their way. That's lunacy, that's cunning. Malevolent, true, but very cunning.”
“I've seen hundreds of holding calls away from the ball on pass plays this season. This was another one. It looked like Gronk was trying to get back towards the ball, but he was held. Pats should have gotten one more chance from the 9 yard line. It was a very bad non-call.”
“Want to find out about Romney's tax records? Check out my Face Book page - https://www.facebook.com/AcmeTaxandAccountingLLC for a CPA's analysis of the 2010 return that the Romneys did release. The post is dated May 15th - the date I set up the ACME Facebook page. As far as the years PRIOR to 2009, the same page 40 I refer to, shows wild fluctuations in the foreign tax credits they earned & claimed in the prior 8 years. The foreign credits went WAY UP when the IRS started requiring reporting of income from offshore tax havens (Like Swiss Bank Accounts and Caymen Island corporate tax havens) What a coincidence, right? I think not. Also, the only charitable deduction claimed that amounted to anything was to the Mormon Church. As an elder in the Church, I thought that showed he was not interested in helping anyone but himself and his 'people.'
If you are interested, I could discuss the Bain Realty Partnership Financial Statements that were issued and some of the effects to the Romney personal tax returns. Like the ONE partnership that held $25 million in offshore bank accounts - or the reason Romney paid 15% and less on his MILLIONS in income from those partnerships, while wage earners pay 33% on their wages over a couple of hundred THOUSAND dollars. It's enough to make you sick - but all the super rich do it. It's not just a Romney thing.”
“Once again an article on taxes contains a big mistake. " raising the tax rate on the top 2 percent of earners would only produce around $100 billion in the same period, according to the Congressional Budget Office." This is true on WAGES only. The biggest tax effect of the Bush tax cuts is caused by the lower rates on UNEARNED income. Much lower tax rates on dividends and capital gains have cost the USA $400 BILLION every year - @ 4 trillion shifted to the pockets of the rich since 2002. You can look at the IRS statistics. 45 % of the income earned by those making over $1 million per year qualify for these special tax breaks. Don't be distracted by the selective statistics some are spreading.”
kitharris1 on Dec 12, 2012 at 13:40:53
“and warren buffet takes full advantage of it, while saying he wants to pay more. you know why he won't mention it, because it will affect his fund. these guys didn't get filthy rich by being mr nice guy. i wouldn't trust any of them as far as i could throw them by their tails.”
“Don't believe the 8 days of spending line that Fox News and republicans are pushing. Here's the real story. The Bush tax cuts on WAGES or earned income were only a few percentage points. So I you increase the tax rate on wages it will only cover a few days of spending. The biggest portion of tax cuts was on unearned income (dividends and Capital Gains). Those rates were cuts from 25 - 30 % to 0 to 15%. Taxpayers who have over $2 million in income per year average 45% of their income as unearned income. Take 45% of the total income on returns over $2 million. Multiply that not by the 1 or 2 % that Fox News is focusing on (tax rate on wages) but by the 15 to 20 % lower tax rate on unearned income and you come out with over 4 trillion dollars over the Bush Tax Cut years. That's money that went to the wealthy people's pockets instead of the USA government coffers. The rich should pay a fair share of our country's operating costs. Not what they think is fair, but what actually is fair, based on what they paid in the past.”
“I can't believe some law student or attorney hasn't filed a class action lawsuit against the Norquist pledge. To me it seems like it should be illegal to enforce such an agreement on our elected officials. Is it in violation of state's rights or poor peoples' rights or SOMETHING? Why doesn't it qualify as a class action lawsuit? Norquist is usurping every Americans' right to have a fair & balanced fiscal policy at the federal level. The same is true for state & local republicans who signed and follow the "pledge" instead of what their responsibilities are as elected officials. Can anyone explain this to me?”
“I was reading about the "Fiscal Cliff" we are facing and came across this statement..."Comprehensive tax reform will be repeatedly invoked by both sides as a way to boost revenue without raising taxes -- and, not coincidentally, it's a way to raise campaign cash from corporations who need to protect their loopholes in the tax code." Does anyone else see anything wrong with this?
Maybe our senators & congressmen(women) should stop taking "Campaign Cash" (bribes) from any corporations. That's a law that should be passed first. There's a fair way to stop "entitlements" too. One problem at a time. Fix our political system - NO MORE CORPORATE BRIBES.”
“What we should do is NOT release the shooter's name and NOT print interviews with his family. Call him John Doe and don't show his picture. Why? Because that will let the next idiot that wants to get noticed or wants to be remembered forever, that it ain't going to happen. I think that the notoriety is something these shooters want. Let him rot in jail without chance of parole. Why do you think he died his hair? One more day of fame - another way that he stands apart from previous shooters. That's why...NO PICTURES. Let's move on to something truly newsworthy. Shootings like this should not be more than a 1 day story.”
Sean Blase on Jul 23, 2012 at 23:30:51
“I agree! I said the same thing after this happened. Why didn't he kill himself after it or try and shoot it out with police? Because fame isn't fun when you're dead.”
thealarmpro on Jul 23, 2012 at 23:29:23
“I agree completely. His name shouldn't be mentioned at all, sadly the media will never let that happen.”
“Not to mention all the butt-sex you get or give. Who wouldn't want to be in prison? The purpose of prison should be to fix the broken people - not harden them into monsters. Why don't we look into what they are complaining about. In Michigan we just had a class action suit filed by women prisoners who were being constantly raped and abused by male and female prison guards. The prisoners won! Last I heard the State is suing to take back the money they were awarded to pay for their 'free' prison time. But my point is this had been going on for 10-20 years!”
“You are wrong - it's not that easy. I think the sale of a signed photograph has to be declared as taxable income. That's how they got Pete Rose you know! One of the most popular ways they do it now is with sweetheart stock options. I'd like to propose that EVERY member of Congress - past & present - should be audited for graft or tax evasion. Graft if they received personal gifts and tax evasion if they didn't report the income. If we give up burljon, then the bad guys win.
PS - Almost ALL those guys in Washington are guilty of lining their pockets.”
burljon on May 19, 2013 at 15:07:19
“So pay the taxes, spend the rest on your campaign.
I have a better solution I like, though would never happen:
Every person elected to house, senate, Or elected or appointed to the executive branch may never earn another penny, ever. Any income they receive goes directlyinto to Treasury. Instead, they are given a stipend for life. And any associate or family member who tries to capitalize on their gov service gets the same deal.
That should about clean it up.”
“Check our the posting at ACME Tax & Accounting's face book page for proof of why Romney couldn't release his prior year tax return. There's a way to find out some information on 10 years of Romney's tax returns that I was surprised no one caught. Bain Capital was more active in the Caribbean tax havens than in Swiss Bank accounts. I saw the audit reports of 2 of Bain's partnerships and there was $250 million in oversea's bank accounts in just those 2 reports.”
“Good Point msm0207 - Here's a scandal! The IRS started requiring wealthy people to report their overseas income a few years ago. The IRS started reviewing bank records of overseas banks - including the Swiss accounts that have been famous for years as tax havens. The IRS gave the wealthy a few years to start reporting their overseas income. THEY NEVER WENT AFTER THE PEOPLE WHO SUDDENLY HAD THIS EXTRA INCOME ON THEIR RETURNS. I called it A.F.T.R. (Amnesty For The Rich.) Why was this allowed?
You are right - there are Dems & Reps that would be guilty of tax fraud for not reporting their worldwide income as required by the tax code. That's why this "Special Treatment" was allowed.”
“I support what was the FIRST plank of every Ralph Nader Platform..... No outside money to our elected officials. Period. When you step back, it is obvious that as long as any outsider can buy their influence by giving the pols ANYTHING, our system will be flawed. They get you to accept an evil thing by focusing on some tangential aspect - in this case the tax exempt status that enables them to hide their donors, as long as more money is spent on things other than politics.
There is a check off box on your 1040 tax return that lets you contribute $3 per spouse to a national political funding initiative. How many people check that box? They passed a law that you have to garner a certain % of the vote to qualify for that money. They passed a law that you HAVE TO use that money for your presidential campaign! When no one was looking - which is all the time - they passed an amendment that allows a candidate to elect out of the program. So what!! - you say?
If you step back, you see the brilliance of their BS. By requiring a minimum % of voters to qualify for the money, they make it very difficult for a third or fourth party to become viable. By allowing candidates to elect out of the program, the major parties have no limits on what they can spend. Best of both worlds for the 1%ers.”
burljon on May 18, 2013 at 22:42:44
“So I buy a signed photograph from Candidate X for 2 million dollars. That's not outside money, that's a sale. Just give it up, already. you will never stop money from finding its way into the political process. Like those millions and millions of illegal donations Obama got off of the internet in his first campaign.”
“The lack of funding for regulation of these types of public safety hazards, I put at the feet of the republicans who favor "less regulations" on job producing businesses.
The "person" responsible for violating the "safe" limits on the explosive materials should be prosecuted and heavily fined. Thanks to recent supreme court rulings, corporations are "people" when it comes to their first amendment rights and they should be treated like people responsible for the damages and loss of life they caused by their reckless actions. I would like to see the company put out of business and liquidated. All top executives and members of the board of directors should be fined at least what they have received for the last few years. If they are found to be criminally negligent, those fines should be tripled and the execs and board members should face jail time. Maybe the next company will be a little more safety conscious. All the fines and penalties - and the liquidated funds collected, should be paid to the people and families affected the blast. The attorneys should get at most 10%.”
susandiane on Apr 21, 2013 at 07:30:02
“That's something that I've been yelling about for quite a while now. Corporations have the same "rights" as American citizens, but they sure don't seem to have the same "RESPONSIBILITIES" as us!”
“Michigan has had a low flat income tax rate (not graduated) for many years now. That hasn't worked out too well for our state's economy. This year, to pay for a $1.8 billion tax cut for businesses, the Republicans have cut property tax credits and earned income credits for lower income taxpayers. Most people won't be aware of the effects on their personal taxes until they file their 2012 income tax returns. Maybe then they will oppose the republican style of taxation. I certainly hope so.”
Cheri-J on Jan 14, 2013 at 13:08:04
“Mike, don't forget one of snyder's first actions as governor was to tax retirees pensions. Fine fellow that snyder, who refused to relocate to Lansing and requires State Police to tranport him to and from Lansing (from Ann Arbor) when he's required to work.”