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Keyword: taxes

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  • Need Freepers Help: Where has Huckabee stepped in it?

    08/21/2014 10:28:38 AM PDT · by C. Edmund Wright · 77 replies
    Vanity | 8-21-14 | Self
    Need some help remembering: where Mike Huckabee has demonstrated his establishment thinking and his lack of understanding of conservative issues (outside of the social issues)- and where he has bought into big government solutions. I'm on a panel tomorrow about Huckabee in 2016 (I did not choose the topic) - and I need some memory jogging.
  • Medtronic 1Q tops analysts' views, reaffirms Covidien bid

    08/21/2014 7:19:14 AM PDT · by TurboZamboni
    Pioneer Press ^ | 8-20-14 | Michael Calia
    Medtronic Inc. said Tuesday that it is "fully committed" to completing its deal to buy Covidien PLC, which has come under scrutiny over a controversial tax tactic that has drawn criticism from U.S. government officials. The Fridley-based company also posted fiscal first-quarter results that exceeded analysts' expectations as the medical-devices maker reaped strong revenue from its U.S. operations. "Our growth was broad-based across businesses and geographies," chairman and chief executive Omar Ishrak said in a news release. "I was especially pleased that our innovation pipeline is delivering strong results, particularly in the U.S., which had its highest revenue growth performance...
  • Treasury looks to stop 'corporate deserters' on its own

    08/21/2014 5:10:22 AM PDT · by W. · 26 replies
    The Washington Examiner ^ | August 21, 2014 | Joseph Lawler
    President Obama doesn't have the authority to simply stop the companies he calls “corporate deserters” from taking up legal residency in low-tax countries. The Obama administration began examining its ability to take executive action to address corporate inversions without Congress because it lacks the support of Republicans. "Unless the U.S. corporate tax rate is reduced to 10 percent or less," Harvey told the Examiner, "it will still be beneficial for U.S. [multinational corporations] to invert."
  • Property Tax Corruption: “Taxation without Representation” in contemporary American government

    08/21/2014 4:54:59 AM PDT · by SeekAndFind · 7 replies
    American Thinker ^ | 08/21/2014 | Michael Bargo, Jr.
    If anything approaches “taxation without representation” in contemporary American government, it is property taxation.  This is because as a practical matter voters – as property owners – have no say in the amount of property taxation they endure.Harold Lasswell, a prominent U. of Chicago political science professor, once said that the country is made up of two groups: the political elites and the masses.  The exploitation of the masses is now being achieved through property taxation. Since political elites have, in most counties, complete control over issues of assessments and property taxes, they have the opportunity to exploit this power...
  • Thousands Of Firms Aren't Paying An "Obamacare Tax", IRS Audit Finds 24% Shortfall

    08/20/2014 9:37:29 AM PDT · by SeekAndFind · 8 replies
    Zero Hedge ^ | 08/20/2014 | Tyler Durden
    It appears Sen. Orin Hatch's comment that "everything from this ill-conceived tax's structure to its implementation has been a disaster," are coming true. As AP reports, an "Obamacare" tax on medical devices is falling short of its revenue target because thousands of companies aren't paying it, according to a government audit released Tuesday. An audit found the IRS received only 5,107 returns (against expectations of over 9,000) with a 24% shortfall in revenues. The tax is projected to generate $29 billion over the coming decade, so a 24 percent shortfall - if it were sustained - would be significant. As...
  • Coalition Urges Malloy, Foley To Consider Taxes, Tolls to Raise Transportation Money

    08/20/2014 12:08:04 AM PDT · by Tolerance Sucks Rocks · 15 replies
    The Hartford Courant ^ | August 19, 2014 | GREGORY B. HLADKY
    HARTFORD - A broad coalition of environmental, economic, regional and construction groups urged Connecticut's gubernatorial candidates Tuesday to conduct a debate focused on transportation issues, and to consider higher taxes and tolls to pay for the state's dire transportation needs. The activists put out a four-point program they said the state's next governor must consider, and expressed concern about the possibility that massive federal funding for highways and mass transit might dry up in the next few years. The coalition's key issues are: •Making certain that state revenue that is supposed to be devoted to transportation - such as gas...
  • ObamaCare tax not meeting revenue target because companies not paying, audit finds

    08/19/2014 7:22:02 PM PDT · by george76 · 13 replies
    Associated Press ^ | August 19, 2014
    An ObamaCare tax on medical devices is falling short of its revenue target because thousands of companies aren't paying it, according to a government audit released Tuesday. The audit by the Treasury inspector general for tax administration says the IRS needs to do a better job policing the tax. The tax agency, however, doesn't have adequate tools to identify which companies owe it, the audit said.
  • Gov’t Spending Per Household Exceeded Median Household Income (and worker income) 3 Straight Years

    08/18/2014 6:12:35 AM PDT · by xzins · 22 replies
    CNS ^ | August 14, 2014 | Terence P. Jeffrey
    (CNSNews.com) - Combined federal, state and local government spending per household exceeded the median household income in 2009, 2010 and 2011, the three most-recent years for which full data is available, according to calculations made using numbers from the White House Office of Management and Budget and an historical online database of state and local finances recently established by the Census Bureau. In 2011, in current year dollars, total government spending in the United States was $6,115,429,668,000. That included $2,516,666,590,000 in net state and local government spending and $3,598,763,078,000 in net federal government spending. That year there were 121,084,000 households...
  • What Is the Price of Perfect Equality?

    08/17/2014 4:50:29 PM PDT · by 2ndDivisionVet · 31 replies
    The Atlantic ^ | August 17, 2014 | Shannon Chamberlain
    Some of the best analyses lie not in the field of economics, but in books like The Giver—dystopian tales sitting on shelves marked Young Adult.Meryl Streep and Jeff Bridges in The Giver.The world is an increasingly unequal and unfair place, economists tell us. Every year, it becomes a little harder to picture what equal opportunity and egalitarianism even look like. As the rich attract capital like Jupiter attracts space debris and the poor fail to make any substantial gains, the gap between them comes to seem to us less surmountable, more of a force of nature than something for which...
  • Home values rising on St. Paul's East Side. So will taxes.

    08/17/2014 11:31:03 AM PDT · by TurboZamboni · 8 replies
    Pioneer Press ^ | 8-17-14 | Freddy Milo
    On St. Paul's East Side, homeowners in the 1900 block of Hawthorne Avenue are in line for property tax increases of 40 percent or more -- an additional $430 on their tax bills. Property owners along the 700 block of Summit Avenue will see just as much in savings. The city's middle-class property owners will feel the biggest bite in their wallet come tax time, and nowhere more so than on the city's East Side. After years of mild tax breaks, the owners of median-value homes in St. Paul likely will do a double-take when "Truth in Taxation" statements arrive...
  • Time’s Up for Lois Lerner and the IRS

    08/14/2014 8:38:47 AM PDT · by thetallguy24 · 18 replies
    NY Observer ^ | 08/13/2014 | Sidney Powell
    On July 10, D.C. federal judge Emmet Sullivan gave the IRS thirty days to provide him sworn declarations in the Freedom of Information Act suit filed by Judicial Watch, seeking much of the same information the IRS has effectively kept from Congress. After an “extraordinary” hearing, Judge Sullivan ordered the IRS to tell him under oath exactly what happened to Lois Lerner’s hard drive. He demanded sworn declarations specifying what the agency had done to recover the thousands of emails missing. Time’s up. The IRS filed its “declarations” yesterday. As an attorney who has read the filings and who has...
  • Activist: Obama Could Legally Grant Exec Amnesty to 10 Million Illegals

    08/12/2014 2:07:19 PM PDT · by NoLibZone · 18 replies
    breitbart.com ^ | Aug 12 2014 | Tony Lee
    Pro-amnesty activists and lawyers are pushing Obama to give executive amnesty to up to ten million illegal immigrants. Marielena Hincapie, the executive director of the National Immigration Law Center, told BuzzFeed that by using extreme hardship waivers and drastically expanding "parole in place" and Obama's temporary amnesty program, Obama, by executive fiat, can give amnesty to nearly everyone who would have received it under the Senate's bill.
  • The Importance Of Maintaining A Tax-Free Internet

    08/11/2014 2:22:00 PM PDT · by ThethoughtsofGreg · 8 replies
    American Legislator ^ | 7-29-14 | Aaron Bisla
    Chances are, you’ve never thought of having to pay a tax to check your Email or your Facebook account. That’s because the Internet Tax Freedom Act has prevented local, state, and federal governments from taxing Internet access. Widespread adoption of the Internet has been due, in no small part, to the absence of tax barriers to access. But now, taxes loom on the Internet’s horizon as Congress nears the sunset of the law. The affordability and accessibility of the Web will be in jeopardy if Congress fails to do something before the moratorium expires on November 1. There are a...
  • How About a Year-Round Tax Holiday?

    08/11/2014 5:52:41 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | August 11, 2014 | Jeff Jacoby
    When it comes to tax relief, I am a committed Friedmanite: I embrace the teaching of the late great Milton Friedman, a Nobel laureate in economics, who often declared that he was "in favor of any tax cut, under any circumstances, in any way, in any form whatsoever." Friedman's premise was that the best way to curb raging government spending was to curb the government's income, and that the best way to do that was to reduce taxes. So I suppose I should be glad that the Massachusetts Legislature has designated next Saturday and Sunday as the Commonwealth's annual sales-tax...
  • Stillwater cafe now charging customers a "minimum wage fee

    08/07/2014 1:59:23 PM PDT · by TurboZamboni · 10 replies
    City Pages ^ | 8-5-14 | Aaron RUpar
    Last Friday, for the first time in nearly a decade, Minnesota's minimum wage went up. The first in a series of incremental hikes brought the wage floor from $6.15 to $8 per hour for relatively large companies, and from $5.25 to $6.50 for small ones. As you'd expect, some businesses aren't thrilled about that -- especially bars and restaurants, as the new law doesn't include a tip exception. But the Oasis Cafe in Stillwater is generating a stir for transparently including a "Min Wage Fee" on all customer checks:
  • Kobach rolls to victory in primary

    08/06/2014 8:54:07 PM PDT · by ObamahatesPACoal · 5 replies
    Insurance News ^ | Andy Marso
    Kansas Secretary of State Kris Kobach rolled latecomer Scott Morgan in the Republican primary Tuesday, leveraging advantages in fundraising and name recognition. Kobach, whose work on illegal immigration and other issues had earned him a national profile even before he was elected secretary of state in 2010, was out-polling Morgan, a Lawrence businessman, 65 percent to 35 percent with more than two-thirds of precincts reporting when The Associated Press called the election for him.
  • Fair share: Al Sharpton and his organizations owe $4.7 million in unpaid taxes

    08/06/2014 3:31:00 PM PDT · by SeekAndFind · 16 replies
    Hotair ^ | 08/06/2014 | Guy Benson
    This isn’t new news. The ‘Rev’ has owed the IRS huge sums of money for years. Here’s a story from — cough – NBC News’ website in 2008 detailing the $1.5 million owed by Sharpton personally and his “business entities” at the time. At the end of 2011 (by which point Sharpton had been hired as a host on NBC’s cable “news” network) Sharpton’s unpaid tab had swelled to nearly $3 million. Three more years have since elapsed, so it’s time for an update (via the New York Post): The Rev. Al Sharpton, along with his nonprofit National Action...
  • Government Pensions Make Big Bucks Off 'Corp Deserters'

    08/06/2014 7:02:38 AM PDT · by SeekAndFind · 3 replies
    Fox Business News ^ | 08/06/2014 | By Elizabeth MacDonald
    It’s not just fat cat hedge funds, banks or Wall Street investment companies that benefit when U.S. companies cut their tax bills by moving their headquarters overseas via mergers with foreign concerns. More than a dozen state government pension funds that run retirement accounts for government workers like teachers, cops and firemen own big chunks in these “corporate deserters,” too. Five U.S. companies merging with overseas concerns have big state government pension investments amounting to nearly $2 billion, based on data provided by Richard Peterson, senior director at S&P Capital IQ. But you don’t hear about government pension investments in...
  • Feds charge Fattah's son in $206,000 bank fraud scheme

    08/05/2014 3:28:04 PM PDT · by Kid Shelleen · 7 replies
    Philadelphia Inquirer ^ | 08/05/2014 | Mark Fazlollah and Jeremy Roebuck
    Chaka Fattah Jr., the son of U.S. Rep. Chaka Fattah (D., Pa.), turned himself in to federal authorities Tuesday as prosecutors unsealed a 23-count indictment charging him with bank and tax fraud. Prosecutors said the 31-year-old consultant swindled at least seven banks by constructing a fraudulent picture of his own financial status and that of several companies he created in order to secure hundreds of thousands of dollars in business loans. He used much of the money, they said, to pay personal expenses including gambling debts, car payments, and tabs at restaurants and night clubs and then attempted to take...
  • Reality forces an end to liberal foolishness: Giving away laptops in Hoboken doesn’t work

    08/05/2014 9:49:12 AM PDT · by Oldpuppymax · 17 replies
    Coach is Right ^ | 8/5/14 | Kevin "Coach" Collins
    It took five years of pouring our money down a drain to finally prove to New Jersey liberals that it is not a smart idea to give laptops to seventh, eighth and ninth grade students to take home and use as they wish. It is amazing but true that people who work with children of middle school age don’t understand that kids will be… well kids, and they will generally not respect what is given to them by government. Five years ago the school system in Hoboken New Jersey gave out government (read taxpayer paid for) laptops to children who...
  • IRS Strikes Deal With Atheists To Monitor Churches

    07/31/2014 6:16:51 PM PDT · by jazusamo · 67 replies
    Investors.com ^ | July 31, 2014 | IBD Editorial
    First Amendment: Government's assault on religious liberty has hit a new low as the IRS settles with atheists by promising to monitor sermons for mentions of the right to life and traditional marriage. A lawsuit filed by the Wisconsin-based Freedom From Religion Foundation (FFRF) asserted that the Internal Revenue Service ignored complaints about churches' violating their tax-exempt status by routinely promoting political issues, legislation and candidates from the pulpit. The FFRF has temporarily withdrawn its suit in return for the IRS's agreement to monitor sermons and homilies for proscribed speech that the foundation believes includes things like condemnation of gay...
  • Do You Want the Global Destruction of Financial Privacy to Enable Higher Tax Rates and Bigger Gov't?

    07/30/2014 10:25:08 AM PDT · by SeekAndFind · 5 replies
    Townhall ^ | 07/30/2014 | Daniel J. Mitchell
    It’s a bad idea when governments demand information on your bank accounts and investments so they can impose economically destructive double taxation. It’s a worse idea when they also demand the right to tax economic activity in other jurisdictions (otherwise known as “worldwide taxation“). And it’s the worst possible development when governments decide that they should impose a global network of data collection and dissemination as part of a scheme of worldwide double taxation. Yet that’s exactly what’s happening. High-tax nations, working through the Paris-based Organization for Economic Cooperation and Development, want to impose a one-size-fits-all system of “automatic information...
  • Judge rules Boulder County lacked legal authority to create subdivision paving district

    07/28/2014 8:27:33 AM PDT · by george76 · 9 replies
    Times-Call ^ | 07/27/2014 | John Fryar
    Formation of district and imposition of assessments 'invalidated' by ruling . Boulder County commissioners didn't have the legal authority to establish a Local Improvement District created to charge rural residential subdivision property owners the bulk of the costs of rehabilitating those subdivisions' paved county roads, according to a Friday Boulder County District Court ruling. The Board of County Commissioners "exceeded its jurisdiction and abused its discretion in authorizing and forming the Subdivision Paving Local Improvement District and imposing assessments on properties within the District," Senior District Court Judge J. Robert Lowenbach wrote. ... The judge further ordered Boulder County to...
  • Obama refuses to set upper limit on tax rate

    07/26/2014 11:37:16 AM PDT · by SeekAndFind · 16 replies
    American Thinker ^ | 07/26/2014 | Thomas Lifson
    James Pethokoukis of the American Enterprise Institute noticed a very revealing moment in President Obama’s Thursday interview with CNBC’s Steve Liesman: STEVE LIESMAN: Mr. President, I just want to pivot back one more time to domestic issues.  You’ve said a bunch of times that getting the wealthy to pay a little bit more, and you’ve succeeded in raising that top tax rate to 39% or rolling back the tax cuts. Is there a limit there?  Is there a limit to how much you believe the government should take from an individual in terms of a top tax rate? PRESIDENT OBAMA:...
  • (Exempt) Obama: Offshore 'tax inversions' are unpatriotic

    07/26/2014 9:55:40 AM PDT · by Libloather · 35 replies
    MSN ^ | 7/26/14
    <p>WASHINGTON (AP) — President Barack Obama says a loophole that lets companies dodge U.S. taxes by moving their headquarters overseas is unpatriotic.</p> <p>Obama is denouncing "tax inversions" in his weekly radio and Internet address. He says companies are essentially renouncing their citizenship to avoid paying their fair share.</p>
  • Walgreens leaving Illinois for Switzerland?

    07/25/2014 7:31:56 PM PDT · by Coleus · 22 replies
    Watchdog.org ^ | July 25, 2014 | SCOTT REEDER
    Walgreens leaving Illinois for Switzerland? SPRINGFIELD – I picked up my vacation photos at Walgreens the other day.  And I didn’t hear any French, German or Italian spoken.How surprising.I’ve read that the Deerfield, Ill.,-based drugstore chain is considering becoming a Swiss corporation. I’ll admit the thought of a company that is essentially an American icon becoming a foreign corporation gives me pause.  After all, Walgreens is one of Illinois’ premier companies. It was founded here in 1901 and is headquartered in Deerfield, Ill. And now they are talking about moving their headquarters to Switzerland.But what exactly does it mean when...
  • Mark Cuban:If Your Company Is Moving For Tax Reasons, I'm Selling Your Stock

    07/25/2014 6:53:00 AM PDT · by SeekAndFind · 42 replies
    Business Insider ^ | 07/25/2014 | Myles Udland
    Mark Cuban isn't a fan of tax inversions, either. Last night, President Obama spoke with CNBC's Steve Liesman, and their first topic of conversation was the issue of tax inversions, or mergers where U.S.-based companies acquire foreign companies and move their tax base overseas to enjoy lower rates. Obama said this strategy, among other things, "undermines people's confidence in how companies are thinking about their responsibilities to the country as a whole." Cuban took his rhetoric a step further: he said he's selling stock in companies that move for tax reasons. On Twitter this morning, Cuban fired off a series...
  • How to stop companies from deserting America before it’s too late

    07/25/2014 6:09:46 AM PDT · by SeekAndFind · 30 replies
    Fortune ^ | 07/24/2014 | Allan Sloan
    Sometimes even journalists get it right. My essay about companies incorporating overseas to dodge taxes, “Positively Un-American,” featured in our last issue, clearly struck a nerve. Since its publication, these corporate “inversions”—a euphemism for “desertions”—have taken on a life of their own. Barely a day seems to pass without a corporation announcing that it plans to leave the U.S. to save taxes but wants to continue having its business, its employees, its directors, and especially its top executives benefit from our rule of law, democratic system, and the other great things that make America America. It just doesn’t want to...
  • Obama urges Congress to tackle tax loopholes

    07/24/2014 7:07:31 PM PDT · by Innovative · 17 replies
    CBS News ^ | July 24, 2014 | Rebecca Kaplan/
    Most of President Obama's West Coast fundraising trip has been spent raising money behind closed doors, but appeared publicly to the Los Angeles Technical College Thursday to push Congress to close loopholes for U.S. businesses that shift their residences abroad to avoid a higher tax bill. The president framed his remarks around the idea of "economic patriotism," a recurring theme he has used recently to encourage the idea of closing tax loopholes to help fund investments in education and job training.
  • More Lying By The IRS Before Congress And The Courts

    07/24/2014 6:31:23 PM PDT · by raptor22 · 14 replies
    Investor's Business Daily ^ | July 24, 2014 | IBD EDITORIALS
    Scandal: The tangled web of IRS deceit unravels a bit more with news recycled backup tapes of lost emails still exist and statements before a federal judge that Lois Lerner's hard drive was irreparably damaged were untrue. Deliberately destroying evidence pertaining to the investigation of possible criminal activity is a crime. So is lying about it to Congress and the courts as part of a cover-up of that activity. On July 11, U.S. District Court Judge Reggie Walton, at a hearing examining a lawsuit against the IRS by the targeted conservative group True the Vote, told Obama administration lawyers he...
  • Obamacare Tax Fine Caps Put in Place

    07/24/2014 5:26:47 PM PDT · by dignitasnews · 13 replies
    Dignitas News Service ^ | July 24, 2014 | Dignitas News Service Team
    Federal officials have announced the structure and methodology for the amount of tax fines to be levied to individuals in non-compliance of federal Obamacare mandates. Under the plan announced today, the maximum tax/penalty an individual can be charged for failing to comply with the Affordable Care Act (ACA) often referred to as "Obamacare" will be $2,448 per person, while a family of five could entail a levy of $12,240. The decision that was announced today would initially impose on the citizenry a first year additional tax fine of $95 per person and be raised as much as 1 percent of...
  • New Report on Tax Cronyism in the States

    07/24/2014 1:34:16 PM PDT · by ThethoughtsofGreg · 4 replies
    American Legislator ^ | 7-24-14 | Jacob Kohlhepp
    As the quest for tax reform sweeps the nation, policymakers are faced with the dilemma of how to best build a tax code that promotes fairness, removes roadblocks to economic growth and maintains enough revenue to provide the proper amount of public services. As ALEC has pointed out Rich States, Poor States and other publications, low tax rates and smart tax choices are the path to prosperity because they increase a state’s competitiveness and are the least hurtful to productivity. However, in the effort to lower rates and make the tax code less of a burden, there is another impediment...
  • IRS Lawlessness: 20 Hard Drives, Six Unanswered Questions

    07/24/2014 8:18:36 AM PDT · by raptor22 · 55 replies
    Investor's Business Daily ^ | July 24, 2014 | IBD EDITORIALS
    Scandal: An internationally accredited information-technology asset-management firm says the IRS has some explaining to do as our patience is taxed with tales of even more convenient computer crashes. Private-sector organizations as vast as the Internal Revenue Service typically have redundancy built into their information technology systems, as secure record keeping is the key to managing their businesses and staying in business. Such records, if nothing else, are often required to be kept by law, and often by the IRS itself. As we have noted, Lois Lerner's lost emails from the critical period when the IRS was serving as a political...
  • Academic research favors low-tax states

    07/24/2014 5:16:05 AM PDT · by MichCapCon · 2 replies
    Capitol Confidential ^ | 7/23/2014 | Mike Van Beek
    A recent Michigan Future report calls into question a common economic theory: increasing taxes tends to lead to less private-sector growth. Comparing Michigan’s economic performance over the last two decades to that of Minnesota’s, the report claims that “rais[ing] taxes on the wealthy and businesses to invest even more in public services” was the Gopher State’s key to success. While this anecdote convinced the Detroit Free Press, a large body of economic research does not support this view. For example, a new working paper published by the Mercatus Center empirically examines the relationship between state taxes and economic growth and...
  • 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 ^ | &#8206;7&#8206;/&#8206;19&#8206;/&#8206;2014&#8206; &#8206; | 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 · 19 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 · 118 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 (Ł13; $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%.