Archive for the ‘Taxes’ Category

“This Is Not Iraq: This is Syri…us”

This article has been poste at Huffington Post. To read is at Huff Post click on the link.

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The drums of war are being beaten again!

Those who advocated an unnecessary and illegal war in Iraq are now pounding the drums to get us involved in the Middle East again — this time in Syria.

We’re told that Syria is much different than Iraq. If the word ‘wolf’ comes to mind, ignore it. These are the same people that wanted to attack Iran less than a year ago because they were eerily close to a nuclear weapon.

Is Syria really different?

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Posted in HuffPost Articles, Politics, Taxes, War | Comments Off

“Corporate Loopholes”

This article has been posted on The Huffington Post on 8/20.

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Corporations are whining about taxes — still!

For years American corporations have bemoaned their high corporate taxes while fleecing the American people and watching the country fall apart.

We were warned about the potential evil of corporations years ago by Dwight D. Eisenhower as he left office — telling us to beware of the military-industrial complex and what it would do to our country.

To our freedom. To our happiness and well-being.

Was Eisenhower a visionary?

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Posted in Corporations, HuffPost Articles, Repatriation, Taxes, UnAmerican | Comments Off

“The Silent Minority”

It’s what the Republicans don’t say that’s disturbing.

As we move toward a ‘fiscal cliff,’ Republicans continue their rhetoric; rhetoric that makes no sense given the existing situation, recent election, and prevailing consensus.

Republicans are loquacious when using talking points — most of them lies or misinformation — but are evasive when asked specifics or their ‘real’ positions. They’re equally tight-lipped about the damage they caused while in a position of leadership.

Haven’t Democrats caused all the problems?

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Posted in Congress, Economy, Politics, Rebalancing America, Taxes | Comments Off

“The Fiscal Rift”

This article has been posted on Huffington Post. To read it at Huff Post click on the link.

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We’re back on the edge of a fiscal cliff and the battle rages on!

The two parties are again pressed to address fiscal compromise, facing a deadline to prevent several potentially damaging things from happening in an already fragile economy — and the rhetoric is flying.

Though many pols give the impression, in their cautiously worded statements, they believe the parties can come together to avoid the financial impasse that would cause damage to the economy and recovery. They’re reluctant to play their hands for fear of exposing an irretrievable vulnerability.

Who’s going to win this fiscal battle?

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Posted in Economy, HuffPost Articles, Politics, Rebalancing America, Taxes | Comments Off

“Paul Ryan: A Gift to Democrats”

This article has been posted on The Huffington Post on August 27.

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Ryan is Romney’s choice for his 2012 running mate.

Just over a week ago Republican Presidential hopeful, Mitt Romney, selected, Representative Paul Ryan, from Wisconsin’s 1st District to be his Vice President.

The selection was a surprise to many on both the right and the left. Most had narrowed the field down to Senator Rob Portman or the ex-Governor from Minnesota, Tim Pawlenty.

Was the professed deficit hawk a good choice?

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Posted in Economy, HuffPost Articles, Politics, Romney2012, Taxes | 1 Comment »

“Bringing the Money Back Home”

This article was posted at The Huffington Post. To view it at HuffPost click on the link.

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The Repatriation Bill in Congress falls way short!

Corporations have been crying for big tax breaks to bring their profits from other countries home. They are currently sitting on over two trillion dollars in domestic profits hoarded over the last few years.

Senators’, Kay Hagan, of North Carolina and, John McCain, of Arizona have introduced a new bill, The Foreign Earnings Repatriation Act, to allow multi-national corporations to bring over a trillion dollars in foreign profit back to the United States at a favorable tax rate. Too favorable!

The tax rate in the bill falls way short of what’s fair.

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Posted in HuffPost Articles, Repatriation, Taxes | Comments Off

“Key Elements to Lowering the Deficit”

This article was posted on The Huffington Post 9/6/11. To read it on HuffPo click on the link.

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Nearly everyone agrees — the deficit is a problem and must be fixed.

Fixing this recessionary deficit will take time. Lots of time… and sacrifice. Lots of sacrifice!

There is no agreement in Congress on how deficit reduction can be fairly accomplished but, honest discourse is an absolute necessity. A few reasonable adjustments could put deficit reduction on a positive path in the short-term. There is much more involved in developing a long-term solution, but it’s also easily achievable.

Short-term, seven key elements must be considered including raising taxes and closing loopholes to increase revenues. Anyone who tells you we have a spending problem, not a revenue problem, and refuses to raise taxes is either ignoring the truth or stupid.

What will it take to restore fiscal responsibility?

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Posted in Budget, Economy, Healthcare, HuffPost Articles, Jobs, Opinion, Politics, Rebalancing America, Taxes | Comments Off

“War and Taxes”

This article was posted on The Huffington Post at noon on 7/28. Click on the link to read the article at HuffPost.

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The battle in Congress over taxes is — historically — unprecedented and UnAmerican.

We are in a time of War!

Our government sent our young men and women to foreign soil to die, or return home torn and injured—ravaged by the effects of the destruction and damage people can inflict on each other.

With most wars there is sacrifice and that sacrifice is shared by all countrymen and women. But these wars have narrowed the painful sacrifices to a very few families and groups.

Whether you were for the war or, like me, against it, the reality is—our troops are engaged in a life and death struggle; one that few Americans are invested in.

The burdens of war are costly in both lives and treasure. The current costs to taxpayers for the wars in Iraq and Afghanistan have exceeded $1.2 trillion and Professor’s Joseph Stiglitz and Linda Bilmes believe it will cost $3 trillion. Their estimates include the “Hidden Costs of the War.”

Have the wars been worth the tremendous sacrifices of some Americans?

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Posted in Call to Action, Congress, HuffPost Articles, Opinion, Politics, Taxes, War | Comments Off

UnAmerican Activities: “RePatriation 101”

Corporations want a tax break to repatriate foreign profits—again!

Republicans, global corporations, the Chamber of Commerce, and Republican lawmakers are claiming that a tax rate of 5% for corporations to repatriate their foreign profits will create jobs, stimulate capital investment, and grow the economy.

We’ve heard that song before—the same pathetic rhetoric—in 2004. But the corporations did not use the billions they repatriated from the American Jobs Creation Act of 2004, to create jobs or grow the economy.

In fact, the biggest recipients—some of the biggest multi-national corporations in the world—laid-off thousands of employees after receiving this gift from the government.

Why on earth would we consider it again?

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Posted in Economy, Jobs, Politics, Repatriation, Taxes, UnAmerican | 9 Comments »

“The Truth About the ‘Death Tax’”

This has been posted this afternoon, 12/31 on The Huffington Post . Click on the link to read it on the Huff Post web site.

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Someone once said, “Nothing’s Certain But Death and Taxes

In a political environment where lying has become the norm rather than the exception there is one axiom that is self-evident—death. Though taxes seem to be inevitable the depth and effect remain uncertain.

This was never more graphically displayed than in the recent fight over the sunsetting Bush Tax Cuts. Republicans and Democrats fought over taxing the rich or taxing the poor.

But, returning to the inevitability of death and taxes—behold the lie when the two are coalesced by a disingenuous political party and Frank Luntz.

The term ‘Death Tax’ is one of the most egregious prevarication’s perpetrated on an uninformed American public over the last few decades.

Despite being UnAmerican, it is fraudulent to rename the ‘Estate Tax,’ yet the Republicans continue to use the deceitful misnomer to the detriment of a struggling nation.

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Posted in Economy, HuffPost Articles, Taxes | 3 Comments »