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News for Norther Colorado and the world

Friday, August 22, 2014

Posts Tagged ‘taxes’

What Romney thinks of Americans

What Romney thinks of Americans

David Corn, Washington correspondent for Mother Jones news published an article yesterday (September 17) based on a video taken at a Romeny fund raiser in May of this year. Corn appeared on the Monday Rachel Maddow Show and discussed the video and its background. Click here to go to the Rachel Maddow Show and then select the first video clip. Corn divulges a great deal of background information  that is not in his Mother Jones article which follows.     SECRET VIDEO: ... Full Story

Revolt of the Rich

Revolt of the Rich

Our financial elites are the new secessionists. By Mike Lofgren It was 1993, during congressional debate over the North American Free Trade Agreement. I was having lunch with a staffer for one of the rare Republican congressmen who opposed the policy of so-called free trade. To this day, I remember something my colleague said: “The rich elites of this country have far more in common with their counterparts in London, Paris, and Tokyo than with their fellow American citizens.” That ... Full Story

Tax cuts and Jobs: GOP illusions

Tax cuts and Jobs: GOP illusions

      To the Editor,   Democrats and Republicans propose vastly different ways of creating jobs in this economy.  President Obama would do so by hiring private contractors to repair and upgrade our aging infrastructure.  He believes that enabling people to work and spend and pay taxes will increase demand for goods and services, create more jobs, and raise revenues to apply to our debt.  Also, this will provide efficient, reliable infrastructure to help ... Full Story

Billionaires against health care

Billionaires against health care

        Koch-backed group launches $9 million ad campaign against health law By Elise Viebeck A conservative advocacy group closely aligned with the Tea Party announced a $9 million swing-state push against President Obama and the healthcare law. The announcement by Americans for Prosperity (AFP), which is largely funded by the conservative Koch brothers, comes one day after the Supreme Court ruled to uphold the vast majority of the law in a ... Full Story

More Romney lies

More Romney lies

        Mitt Romney’s claim of credit for the auto industry turnaround Posted by Glenn Kessler What should we do when a politician keeps repeating a Pinocchio-laden claim — or even makes its worse? We have examined previously the former Massachusetts governor’s claim that he set the course for the managed bankruptcy of the auto industry—and also have examined critically some of President Obama’s claims on the bailout. But clearly it’s time ... Full Story

Senator Udall on Balanced Budget Amendment

Senator Udall on Balanced Budget Amendment

  A Common-sense Approach to Balancing the Federal Budget U.S. Senator Mark Udall The recent failure of the supercommittee to reach a deal on federal spending cuts is just the latest example of how ill-equipped Congress is to address our nation's gravest challenge: our ballooning $15 trillion national debt. Democrats and Republicans are still stuck in the same rhetorical trenches. Democrats are reluctant to cut entitlements, while Republicans claim we can both cut taxes and ... Full Story

“Taxing the rich is not a job killer”

“Taxing the rich is not a job killer”

  In Business Insider Venture Capitalist Shreds The Idea That Taxing The Rich Is A Job Killer by Lisa Du In an Bloomberg op-ed yesterday, venture capitalist Nick Hanauer laid out a very different point of view on the age-old, Republican-favored argument of "if taxes are raised on the rich, job creation will stop." This particular point has been at the forefront in opposing nearly every policy debate about raising taxes on the rich. Hanauer's contrarian view looks at the ... Full Story

Grover Norquist: a misleading accounting of recent

Grover Norquist: a misleading accounting of recent history

            Grover Norquist: a misleading accounting of recent history By Glenn Kessler “Raising taxes slows the economy. Raising taxes kills jobs. Government spending does not create jobs. The idea that if you take a dollar out of the economy from somebody who earned it, either through debt or through taxes, and give it to somebody who is politically connected, that there are more dollars around? That if you stand on one side of the lake and put a bucket into the ... Full Story

The GOP’s Oath To The One Percent

  The GOP’s Oath To The One Percent  By ThinkProgress War Room on Nov 23, 2011 at 2:06 pm One Oath to Rule Them All You’d think the oath that mattered most to our elected leaders would be this one: I do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; that I take this obligation freely, without any mental reservation or purpose of ... Full Story

Representative Gardner Lets Billionaires Skip Out on

Representative Gardner Lets Billionaires Skip Out on Taxes

  Press Release New Report: Representative Gardner Lets Billionaires Skip Out on Taxes A new report by Bloomberg News revealed that billionaires are using tax loopholes to avoid paying taxes, as a result taxes paid by the richest 400 people has been cut nearly in half in recent years. Representative Cory Gardner (CO-04) has refused to close tax loopholes for billionaires and Big Oil and Republicans, like Gardner, demanded even more tax breaks for billionaires while repealing ... Full Story

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