Jul 272014
 

Corporations are taking advantage of a tax loophole that Republicans created to kelp them avoid paying their fair share of taxes.  Democrats have made several attempts to close that loophole, and of course Republicans blocked them.  Barack Obama and one of America’s national treasures are calling them out on it.

0727CorporateInversionU.S. President Barack Obama on Thursday hammered U.S. companies that avoid federal taxes by shifting their tax domiciles overseas in deals known as "inversions" and called on Congress to pass a bill to end the practice.

During remarks to a rowdy crowd at the Los Angeles Technical College, Obama promoted what he called "economic patriotism" and made clear he believed the companies that were engaging in such practices were not being patriotic. The president is in California on a three-day fund-raising swing for Democrats.

So-called inversion deals occur when a U.S. company acquires or sets up a foreign company, then moves its U.S. tax domicile to the foreign company and its lower-tax home country.

Nine inversion deals have been reached this year by companies ranging from banana distributor Chiquita Brands International Inc to drugmaker AbbVie Inc, and more are under consideration. The transactions are setting a record pace since the first inversion was carried out 32 years ago…

Inserted from <Chicago Tribune>

Photo credit: Nation of Change

I do disagree with Obama on one point.  There is only on corporate emotion.  It is not patriotism.  It is greed.

Ed Schultz interviewed our national treasure on this issue and on the Republican attempt to stall VA funding.

According to the article, Republicans say they support closing the Inversion Loophole, but only as part of restructuring the tax code.  That’s RepubliSpeak for raising your taxes and giving massive tax cuts to billionaires and giant corporations.

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Jul 232014
 

I’m writing for tomorrow, day 93.  I have not left for prison yet.  The plan is to crawl into bed, when I return home, and do the puzzle and upload the articles when I wake up.  Tomorrow is a grocery delivery day.

Late (early) Update:

The meeting was great and I now have my ID.

Jig Zone Puzzle:

Today’s took me 4:03 (average 5:18).  To do it click here.  How did you do?

Short Takes:

From Daily Kos: Guess who Sen. John McCain blames for the shooting down of Malaysia Airlines flight 17? Yup, President Obama:

 

McConJob, in typical Republican fashion, has a special tool with which to hit every nail: a bomb.

From TPM: A federal appeals court dealt a huge blow to Obamacare on Tuesday, banning

the federal exchange from providing subsidies to residents of the 36 states it serves.

A divided three-judge panel on the D.C. Circuit Court of Appeals ruled that the text of the Affordable Care Act restricts the provision of premium tax credits to state-run exchanges. The two Republican appointees on the panel ruled against Obamacare while the one Democratic appointee ruled for the law.

"We conclude that appellants have the better of the argument: a federal Exchange is not an 'Exchange established by the State,' and section 36B does not authorize the IRS to provide tax credits for insurance purchased on federal Exchanges," Judge Thomas B. Griffith wrote for the court in Halbig v. Burwell.

His ruling was joined in a concurring opinion by George H. W. Bush-appointed Judge A. Raymond Randolph, who said it would be a "distortion" to let the federal exchange provide subsidies. "Only further legislation could accomplish the expansion the government seeks," he wrote.

Carter-appointed Judge Harry T. Edwards voted to uphold the subsidies.

This may well be huge. Without doubt this decision will be appealed to the full DC Circuit court, and from there to the Supreme Court where the Fascist Five Injustices of SCROTUS (Republican Constitutional VD) await. This may well mean that Republicans in red states mazy be able to prevent their citizens from receiving their federal subsidy. This should be overturned, but we need to watch this one closely.

From Think Progress: Conventional political wisdom holds that a carbon tax could never pass Congress, largely thanks to the “tax” part.

But over the last few years, a remarkable number of economists, politicians, and business leaders have stepped up to support a carbon tax as the most job-friendly way to cut greenhouse gas (GHG) emissions.

Now thanks to a new poll, we can confidently add “majorities of American voters” to that list of supporters as well. A July survey run out of the University of Michigan and Muhlenberg College found that when certain uses are specified for the revenue — specifically investment in renewable energy or rebate checks back to taxpayers — 56 to 60 percent of voters support a carbon tax.

I’ve favored a carbon tax for years.  This would be great news if what the American peopled want had even the slightest effect on Republican legislators. It doesn't.

Cartoon:

0724Cartoon

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May 182014
 

I’m writing for tomorrow, late on what has been largely a lazy day.  I figured I’d better rest now, since I have a busy week coming up, so I shall be brief.  Day 27.

Jig Zone Puzzle:

Today’s tool me 3:35 (average 4:42).  To do it, click here.  How did you do?

Short Takes:

From Upworthy: Writer Kendra Eash wrote an amazing bit of satire mocking how the ad industry likes to use vague, inspirational nonsense to capture people’s attention. So Dissolve, a stock video distributor, took her words and visualized them in an amazingly vague, faux-inspirational video that tells you absolutely nothing at all. It’s kind of hilarious. 2:19 is my favorite moment.

If you run an ad agency, please use this as a clarion call to say actual things in your clients’ commercials. Things that actually add something to the discourse. PLEASE?!

 

Dang!! You mean I don’t need Jenny Craig for what sticks out and Viagra for what doesn’t?

From Daily Kos: Gov. Bobby Jindal (R-La.) will be giving Duck Dynasty actor Phil Robertson a fist time ever "Governor’s Award for Entrepreneurial Excellence.” However as reported by Reason.com the show has been getting far more that awards from the state of Louisiana.

"The state subsidizes up to 30 percent of local production spending, offering tax credits redeemable for cash."

A industrial insider estimates that the show gets as much as $70,000 dollars from Louisiana taxpayers per show the ‘ Dynasty ‘ family makes $200,000 per show.

So we can assume that being the ‘Tea Party Dynasty Poster child pays handsomely on the taxpayers  Dime

Republicans always want tax payers to pay for TEAbuggery, while millionaires reap reap the gain.

From Politico: Oregon GOP Senate candidate Monica Wehby was accused by her ex-boyfriend last year of “stalking” him, entering his home without his permission and “harassing” his employees, according to a Portland, Oregon police report.

Wehby, a pediatric neurosurgeon, is the leading Republican candidate to challenge Sen. Jeff Merkley (D-Ore.).

Wehby was questioned by a police officer on April 3, 2013, after being seen leaving the area near the home of Andrew Miller. Miller, the wealthy owner of a timber company, had been romantically involved with Wehby but their relationship was ending at that time, they both say now.

Wehby, who is vying for the Oregon GOP Senate nomination, was not arrested in the incident.

But the Portland police report detailing the incident said Miller, owner of Stimson Lumber in Portland, was worried that Wehby had come to his home uninvited, and had even entered the residence without his permission. Miller said he was considering getting a protective order against Wehby, the report states.

A pediatric neurosurgeon running to deny health care to children.  Scheeesch!! If she were anything better than devious and deranged, she would not be the Republican frontrunner.

Cartoon:

0518Cartoon

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May 032014
 

Here are the results of our Do the Super-rich Pay Enough Poll.  Politics Plus Polls are not scientific, because those who respond are not balanced according to demographic categories.   Therefore, we do not accurately reflect the makeup of the US population.  Nevertheless, our polls are often both accurate and indicative of the nation’s view.

0503Poll

And here are your comments:

Showing comments 1-13 of 13.

Posted by Madeline Loder  April 27, 2014 at 9:22 am.  

 

why ask such an obvious question? Is this some sort of trick?

 

Posted by Mitch D.  April 23, 2014 at 2:32 am.  

 

Asking that question in the context of this site, is like asking a starving person whether or not he/she would like a sandwich!

But, yet, clearly too little!

 

Posted by Rixar13  April 17, 2014 at 9:34 am.  

 

They pay too little…

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Posted by misstexaskitty  April 17, 2014 at 3:24 am.  

 

If they pay any taxes they pay too little. When one has grown wealthy and reaped the so called benefits of this country; they owe a return to the country.

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GW Bush cut their taxes and we all learned the hard lesson that cutting taxes can destroy and not build an economy.

 

Posted by CaityJ in reply to misstexaskitty  April 24, 2014 at 1:41 am.  

 

MissTexasKitty says it well. Reagan’s ‘trickle-down economics’ has only trickled up, apparently. The ‘job makers’ only look out for themselves. It’s a shame that this country’s leaders have become so greedy.

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Posted by Edie  April 16, 2014 at 5:24 pm.  

 

My 85 year old mother pays a higher tax rate )than Mitt Romney. Of course they don’t pay enough!

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Posted by Joanne D  April 16, 2014 at 6:09 am.  

 

I’ll bet you get one troll vote for the last one, though!

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Posted by Patty  April 16, 2014 at 5:02 am.  

 

Of course they don’t pay enough. But, you were joking with this poll. Weren’t you?

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Posted by Arielle   April 16, 2014 at 2:26 am.  

 

Yeah, like duh! You just wanted to give us one where we didn’t have to think at all, right?

 

Posted by Lona Goudswaard  April 15, 2014 at 11:11 pm.  

 

Is this is what Americans call "a no-brainer"?

If a CEO can manage to pay less taxes than his secretary, only the first choice comes close. IThe poll should have had "Only the rich should pay taxes" to counterbalance the last one.

 

Posted by Fred Lemon  April 15, 2014 at 10:16 pm.  

 

Doh!

 

Posted by CaityJ in reply to Fred Lemon  April 24, 2014 at 1:46 am.  

 

Yes, I agree with Fred and others… this poll has pretty obvious results considering the POV of PP. I must say I was surprised anyone voted outside the expected.

 

Posted by Lynn Squance  April 15, 2014 at 9:27 am.  

 

For me it is self evident: they don’t pay enough. It is all out of proportio bibically! Just think of Jesus challenging the rich man who put 2 silver coins in the box, when he derided the widow who only put in 2 pennies. As Jesus said, she put all that she had so she gave much more.

 

These rich evangelical right wing pseudo Christians know nothing of Jesus’ teachings. From what I can see, much of the 1% are like the rich man.

I voted with the majority, of course, and not one of the three Republican choices.

Several of you have asked why I put up this poll.  Almost all of my polls have a purpose.  Many are intended to inspire thought, but not this time.  Many are intended to to entertain, but not this time.  My intent here was to make the point of how completely obvious it is that there is only one correct answer to this question.  Hopefully that should inspire outrage at all the TEAbuggery that we get from Republicans, when they make excuses to continue a welfare state for billionaires, and commitment to remove them from office.

The new poll is up.  Don’t forget to vote, but if you do, don’t forget to vote in November.

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Apr 172014
 

I’m writing for tomorrow and am feeling quite tired.  Store to Door delivered groceries, and I’m still not recovered from my schedule.

Jig Zone Puzzle:

Today’s took me 2:45 (average 5:14).  To do it, click here.  How did you do?

Special Events:

0417Lynn

Short Takes:

From Daily Kos: TeaParty Militia Leader, Richard Mack has been pretending he’s a bad ass for years. But when he and his TeaParty brethren went to help millionare rancher, Cliven Bundy violently violate a Court order, they proved they are nothing but a bunch of gun-toting, wimpy-ass loud mouths who planned to use women as human shields against any potential gun battle they initiated with the Federal government.

 

What craven cowards these seditious Republicans are to hide behind the skirts of their women.

From MoveOn: Check out this Tax Day message from Robert Reich:

 

As usual, the Reich on the left is right, and the Reich on the right is Republican. Sign the petition to tax the bastards!!

From Crooks and Liars: The next frontier in corrupt election politics: Is it permissible for candidates to run ads that are outright lies?

Next week, the Supreme Court will hear arguments in another election law case. This one concerns an ad run by Susan B. Anthony List, a pro-birth organization, against Rep. Steven Driehaus. In the ad, SBA List accuses Driehaus of voting to allow taxpayer funds to be used to fund abortions, despite the last-minute protections built in to ensure that didn’t happen.

 

Sadly, I’m pretty sure about how the fascist five Injustices at SCROTUS (Republican Constitutional VD) will rule: IOKIYAR

Cartoon:

0417Cartoon

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Apr 092014
 

I had been planning on running errands today, but last night I found a note taped to my door that the building managers are working on the elevator all day today, effectively making me a shut-in for the day.  So I cooked and ate a hearty breakfast, prepared and did my grocery order, dug in the deepest part of my kitty box and prepared to face Infernal Revenue.  I prepared and filed online, as always, and that a far sight easier than paper forms.  Nevertheless, the process is thoroughly exhausting.  I’m happy to report that I owed nothing.  Poor as I am, I would happy to pay taxes, if most of the money was not welfare for greedy billionaires, while less than 1% goes to helping needy people.  Now I have two choices.  Either I can start my early morning research now, in the late afternoon, or I can… Good NIGHT!!

Jig Zone Puzzle:

Today’s took me 3:07 (average 4:40).  To do it, click here.  How did you do?

0409TaxCat

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Mar 182014
 

I’m writing for tomorrow, and this will be the only article, because I spent the day working on volunteer training.  I may stay scarce, because I have errands to run tomorrow, and both an appointment and grocery delivery on Wednesday.

Jig Zone Puzzle:

Today’s took me 4:59 (average 5:33).   To do it, click here.  How did you do?

Short Takes:

From NY Times: “Out of work? Nowhere to live? Nowhere to go? Nothing to eat?” the online ad reads. “Come to Fukushima.”

That grim posting targeting the destitute, by a company seeking laborers for the ravaged Fukushima Daiichi nuclear plant, is one of the starkest indications yet of an increasingly troubled search for workers willing to carry out the hazardous decommissioning at the site.

The plant’s operator, the Tokyo Electric Power Company, known as Tepco, has been shifting its attention away, leaving the complex cleanup to an often badly managed, poorly trained, demoralized and sometimes unskilled work force that has made some dangerous missteps. At the same time, the company is pouring its resources into another plant, Kashiwazaki-Kariwa, that it hopes to restart this year as part of the government’s push to return to nuclear energy three years after the world’s second-worst nuclear disaster.

Given the level of disregard Tepco is showing for their workers, the environment, and those of us to whom the Japan Current will bring the contamination from mistakes, I’m surprised that they aren’t a US energy company. I guess Japan has Republicans too. :-(

From Alternet: Purchases of American products generally come with a sales tax, and often an excise tax, and possibly state and local add-on taxes. A consumer can avoid all this by limiting purchases to  food and prescription drugs, or by shopping  online. There’s one more way — by visiting a nearby financial exchange and buying a million dollars worth of derivatives.

There is currently no U.S. tax on the purchase of stocks, derivatives, and other financial instruments. The rest of us pay up to a 10 percent sales tax on the necessities of daily life. A tiny  financial transaction tax  of perhaps a tenth of a percent on the trading of financial securities would begin to correct this inequity, while generating billions of dollars of revenue.

There are at least  five good reasons  why our country is ready for such a  financial transaction tax (FTT) .

This is obscene, but Republican welfare for the super-rich always is. Click through for the excellent list of reasons.

From Crooks and Liars: Crimeans voted overwhelmingly Sunday to join former political master Russia as tensions soared in the east of the splintered ex-Soviet nation, the epicentre of the worst East-West crisis since the Cold War.

Partial results with more than half the ballots counted showed 95.5 percent of voters were in favour of leaving Ukraine, in the most radical redrawing of Europe’s map since Kosovo’s 2008 declaration of independence from Serbia.

I can certainly understand the desire of Crimeans to rejoin Russia, since Crimea is a Russian area, included in Ukraine when Ukraine was still part of the Soviet Union. If that’s what Crimeans want, an inter4nationally supervised referendum should be organized to facilitate that end. A referendum conducted under Russian guns is no more valid that one in a Red state, where Republicans control e-voting machines with no paper trail. Therefore, I continue in opposition to the Republican militarism of Vladimir Putin (R-RU).

Cartoon:

0318Cartoon

Subsequent unconstitutional decisions have rendered this one all but moot.

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