Keyword: taxcheatparty
-
(Reuters) - Airlines and their passengers would pay up to $32 billion in new air traffic and security fees over 10 years, and grants to big airports would fall sharply under White House budget proposals on Monday aimed at deficit reduction. The Obama administration wants major carriers, their passengers, business jets and airports to pick up more of the costs of air travel and airport improvements that for years have been borne by taxpayers. New fees are sure to trigger strong opposition from airlines and other aviation groups who argue that the industry is already over-taxed and over-regulated. Ideas quietly...
-
Union leaders are asking Democratic candidates for governor to veto the next state budget if it doesn't restore collective bargaining for public workers and at least one leading candidate - Kathleen Falk - has agreed, participants in the private meetings say.
-
Pelosi: 'I Don't Want To Pay For It...Surcharge' The Rich For Doctors Visits and Unemployment Benefits http://www.breitbart.tv/pelosi-on-unemployment-benefits-extension-id-rather-not-pay-for-it/
-
Obama: Jesus would tax the rich By: Jennifer Epstein February 2, 2012 10:12 AM EST President Barack Obama tied his proposal to raise taxes on wealthy Americans to his faith on Thursday, telling leaders gathered for the National Prayer Breakfast that Jesus’ teachings have led him to that conclusion. The rich pay more not only because “I actually think that is going to make economic sense, but for me as a Christian, it also coincides with Jesus’s teaching that ‘for unto whom much is given, much shall be required.’” Obama said at the Washington Hilton, delivering remarks at an annual...
-
President Obama and Congressional Democrats have called for hundreds of billions of dollars in higher taxes on American families and small employers. Yet, there are thousands of federal bureaucrats who owe billions of dollars in taxes. Here are some of the most notable agencies: Bureaucrat Tax Cheats Amount Owed to IRS Delinquency Rate Executive Office of the President 36 $833,970 2.01% U.S. Senate 217 $2.1 million 3.08% U.S. House 467 $8.5 million 4.24% Postal Service 25,640 $269.6 million 3.84% Homeland Security/TSA 4,647 $36.9 million 2.46% Treasury Department/IRS...
-
We heard a lot on Tuesday night from President Obama about the wealthy paying their “fair share†in his State of the Union speech. (Well, you heard it a lot; I read the speech and then commenced to have a life on Tuesday night.) Obama made half a dozen references to fairness in relation to taxes in the address, including taking a shot at Congress: But in return, we need to change our tax code so that people like me, and an awful lot of members of Congress, pay our fair share of taxes. Just like with charity, perhaps fairness...
-
People earning over $1 million per year should pay an effective tax rate of no less than 30 percent, President Obama said in his State of the Union address Tuesday night. The president laid down one of his most political markers of the annual policy speech by crafting what he called the "Buffett Rule," named after the famous billionaire investor. "Tax reform should follow the Buffett rule: If you make more than $1 million a year, you should not pay less than 30 percent in taxes," Obama said.
-
President Obama will use his election-year State of the Union address on Tuesday to define an activist role for government in promoting a prosperous and equitable society, hoping to draw a stark contrast between the parties in a time of deep economic uncertainty. ...Mr. Obama will call for changing the corporate and individual income-tax codes so the wealthy pay more, both to finance government investments and to alleviate the rise in income inequality in recent years. Republican presidential candidates have countered that government should get out of the way.
-
Dems propose 'Reasonable Profits Board' to regulate oil company profits By Pete Kasperowicz - 01/19/12 10:20 AM ET Six House Democrats, led by Rep. Dennis Kucinich (D-Ohio), want to set up a "Reasonable Profits Board" to control gas profits. The Democrats, worried about higher gas prices, want to set up a board that would apply a "windfall profit tax" as high as 100 percent on the sale of oil and gas, according to their legislation. The bill provides no specific guidance for how the board would determine what constitutes a reasonable profit. The Gas Price Spike Act, H.R. 3784, would...
-
Sharon Block and Richard Griffin - President Obama's Democratic likely illegal recess appointees to the National Labor Relations Board (NLRB) - may not have paid their federal taxes in recent years. Either one or both of them may be subjects of criminal investigations. There is even the possibility that one or both of them have substantial conflicts of interest that will prevent them from serving honestly.
-
“I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes,” President Obama, September 12, 2008 Beginning January 1, 2013, ObamaCare imposes a 3.8% Medicare tax on unearned income of “high-income” taxpayers which could apply to proceeds from the sale of single family homes, townhouses, co-ops, condominiums, and even rental income, depending on your individual circumstances and any capital gains tax exclusions. Importantly, the “high income” thresholds are not...
-
Americans for Tax Reform took action today to educate residents of Elgin, Illinois about a city council vote this week to increase their taxes. The proposed 3-percent tax on alcohol sales in Elgin would hurt area small businesses and leave Elgin families with less money in their pocket just in time for the holiday season. Bah Humbug. Elgin residents who live in Cook County would be hit with the second tax hike on alcohol in as many months, as Cook County recently approved a tax increase on alcohol despite bipartisan opposition from taxpayers and small businesses alike. 2011 has been...
-
(CNSNews.com) - In a speech delivered at Osawatomie High School in Osawatomie, Kansas, on Tuesday, President Barack Obama argued that while a limited government that preserves free markets "speaks to our rugged individualism" as Americans, such a system "doesn't work" and "has never worked" and that Americans must look to a more activist government that taxes more, spends more and regulates more if they want to preserve the middle class. "'[T]here is a certain crowd in Washington who, for the last few decades, have said, let’s respond to this economic challenge with the same old tune. 'The market will take...
-
Last year, a medical-technology firm called Numira Biosciences, founded in 2005 in Irvine, California, packed its bags and moved to Salt Lake City. The relocation, CEO Michael Beeuwsaert told the Orange County Register, was partly about the Utah destination’s pleasant quality of life and talented workforce. But there was a big “push factor,” too: California’s steepening taxes and ever-thickening snarl of government regulations. “The tipping point was when someone from the Orange County tax [assessor] wanted to see our facility to tax every piece of equipment I had,” Beeuwsaert said. “In Salt Lake City at my first networking event...
-
Energy Secretary Steven Chu said Thursday he doesn't think taxpayers will recover much of their $528 million loan to bankrupt solar firm Solyndra, calling the situation "extremely unfortunate" while continuing to defend his actions to prop up the company before its failure. Chu testified Thursday for the first time before the House committee investigating the Solyndra loan. He insisted that the decision in late 2009 to approve the loan guarantee was his own and "absolutely was made only on the merits." He said it was not influenced by political considerations. But he acknowledged that chances are dim for taxpayers to...
-
President John F. Kennedy’s nephew, Robert Kennedy, Jr., netted a $1.4 billion bailout for his company, BrightSource, through a loan guarantee issued by a former employee-turned Department of Energy official. It’s just one more in a string of eye-opening revelations by investigative journalist and Breitbart editor Peter Schweizer in his explosive new book, Throw Them All Out. The details of how BrightSource managed to land its ten-figure taxpayer bailout have yet to emerge fully. However, one clue might be found in the person of Sanjay Wagle. Wagle was one of the principals in Kennedy’s firm who raised money for Barack...
-
Sen. Claire McCaskill, D-Mo., has sold a private plane she co-owns with her husband, months after her use of it for official business and failure to pay back taxes created a political headache... First she repaid the government $88,000 after she was criticized for reimbursing herself for use of the plane on official and political travel. Then she paid $287,000 in back taxes, penalties and interest to St. Louis County. ... McCaskill, seeking re-election in 2012, faces a tough race in a state she narrowly won in 2006. Republicans have pounded McCaskill on the plane, dubbing it "Air Claire" .
-
White House: Millionaire tax isn’t enough Neil Munro -- The Daily Caller 39 mins ago President Obama wants tax increases on the wealthy, regardless of whether the Democrats’ proposed millionaire tax becomes law, White House spokesman Jay Carney said Friday. “The president’s position has not changed” since he called for increased tax rates on individuals earning more than $250,000 per year, and for adoption of the “Buffett Rule,” Carney said during his midday press conference. Under the still-vague “Buffett Rule,” named for multi-billionaire investor Warren Buffett, the government would ensure wealthy people could not use current features of the tax...
-
President Barack Obama's latest economic plan could save or create up to 400,000 education jobs, the White House said on Tuesday as Obama pushed his $447 billion plan to revive the economy. Obama's proposed American Jobs Act would provide $30 billion for state and local efforts to retain, rehire and hire educators, supporting 392,400 jobs, according to projections released by the Education Department and White House Council of Economic Advisers. That money would last one to two years and states would have to sign agreements they would not use the funding for other purposes. "We know that putting hundreds of...
-
A key unanswered question in the Solyndra loan investigation concerns the role George Kaiser, the Oklahoma billionaire and major Obama fundraiser whose Family Foundation owned a large stake in the failed solar-panel company. Kaiser made multiple visits to the White House in the week before the Department of Energy approved a $535 billion guaranteed loan to Solyndra on March 20, 2009, and helped arrange 16 separate meetings between top White House officials and Solyndra executives around that time. Yet Kaiser maintains that he “did not participate in any discussions with the U.S. government regarding the loan.” But as the following...
|
|
|