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Tag Archives: Taxes

Stephen King: Tax Me, for F@%&’s Sake!

Author Stephen King has a fantastic rant in The Daily Beast. Go read it now. If you need some incentive to go read it, here are a few choice quotes. But the whole thing is reasonably short, funny, and as good a read as any Stephen King story: The U.S. senators and representatives who refuse [...]

Republicans disagree with Reagan

Reagan and Obama agree on the Buffett Rule. I guess Republicans will oppose anything Obama does, even if it means disagreeing with their Saint Ronnie. UPDATE: Picking up on this, Obama has offered to change the name of the bill to the “Reagan Rule“: Some years ago, one of my predecessors traveled across the country [...]

Simplified Tax Form

© Ed Stein [plus commentary from Ed Stein] In F. Scott Fitzgerald’s “The Great Gatsby,” Nick Carraway observes that “the rich are different from you and me.” Mitt Romney’s tax returns confirm it. The rich have access to deductions, evasions, loopholes and favorable rates we working stiffs can only dream of. The absurd truth is [...]

G.O.P. to Norquist: “Can We Tax The Poor?”

This cartoon falls into the category that directly replicates reality. Like Tina Fey’s impression of Sarah Palin – what’s the difference between the cartoon and the real thing? – Iron Filing

How the Flat Tax Works

© Ed Stein Commentary by Ed Stein: The Republican candidates for president are suddenly all hot to propose flat taxes. First Herman Cain, the pizza czar, came out with his loopy 999 plan. Now Rick Perry, humbled by his lack of debating skills and challenged to present something more serious than shooting coyotes while jogging, [...]

Cargo Cult

Tom Toles Republicans believe if they keep repeating something over and over, people will believe. Even if it clearly isn’t working. We just haven’t done it enough yet, they say. When will we wise up?

Buffet Tax?

© Matt Wuerker In a completely transparent bid to deflect the issue, Republicans are now calling for billionaire Warren Buffett to release his tax returns to the public. What Buffett’s tax return has to do with his suggestion that the rich should pay at least as much as the middle class in taxes is beyond [...]

Classical War!

© Ed Stein [commentary from Ed Stein] You knew this was inevitable. The Republicans have fallen back on their tried-and-true talking point, the one they use every time anyone asks for some simple fairness in the tax code. It’s class warfare. Never mind that the wealth of the nation has shifted dramatically to the richest [...]

So Very Sorry!

Congressman John Fleming (R-LA) appeared on MSNBC to talk about Obama’s new deficit reduction plan. Or rather, to argue against Obama’s plan to make the rich pay as much in taxes as the middle class do (Fleming is a multi-millionaire business owner). Fleming actually complained that after paying expenses and feeding his family “I have [...]

Taxes and Regulations Are Not Killing Small Business

Conservatives like to harp on how high corporate taxes and excessive regulations are killing small businesses, and the best way to create jobs is to cut taxes. But as an owner of several small businesses, I’ve always known that was a lie. It is absolutely silly to think that businesses hire employees when their taxes [...]

The View From Here

© Lee Judge Doesn’t it seem like the current crop of candidates are running away from the viewpoints held by the majority of voters? For example, a strong majority of voters would like to see a tax increase on the rich.

GOP Favors Tax Hike!

© Stuart Carlson The GOP wants you to think that they are against raising taxes, so much that they claim that letting a tax cut expire counts as raising taxes (for example, in the case of the Bush tax cuts for the rich). So why are the Republicans trying to stop Obama from extending the [...]

Jon Stewart, Master of Irony

How can Jon Stewart make me laugh, while at the same time making me ashamed to live in the same country as some of these people he shows in his video clips: Incidentally, even though Jon doesn’t specifically mention Fox News, almost all of the video clips shown are from Fox (and the other three [...]

Stop Coddling the Super-Rich

How can anyone call it class warfare when the case against the rich is being argued by one of the richest men in the world? Warren Buffett is one of the most successful investors ever, and yet he makes an iron-clad case that the US is coddling the super-rich. Buffett points out that he pays [...]

News Corp On The Corporate Dole

[Note - this story is not completely true. While News Corp is one of the top three big companies in their utilization of tax havens, they did indeed pay taxes. They changed the way they report information in 2007, which caused confusion. See the link at the end of this posting for more info.] Rupert [...]