Posts Tagged ‘Taxes’

“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

“Twisting In the Wind”

This article has been posted on The Huffington Post. To read it there click on the link.

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Congress avoided going over the proverbial ‘Fiscal Cliff.’

Republicans, universally incapable of compromise, caved in the wee hours of the morning to prevent us from potential economic damage to the economy and the recovery.

As a result, taxes were raised on income over $400 thousand, unemployment insurance was extended, and the Alternative Minimum Tax was put to rest forever. These moves all help continue the slow growth and keeps us on a path to possible recovery.

Significant? Yes! But is it sufficient?

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Posted in Economy, HuffPost Articles, Politics | 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 »

“What If He Wasn’t Black?”

Are Americans’ opinion of the President influenced by race?

It’s a question that must be broached when assessing the job President Barack Obama has done and whether he’s deserving of another four year term.

When the people elected Obama they were hungry for change, tired of partisan politics, aware of failing banks and a financial crisis driving us into recession, weary of endless wars in the middle-east, and losing jobs at the highest rate in over 70 years.

Barack Obama, unlike John McCain, represented hope and change; a chance to restore America to its past glory.

So, how has he done?

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Posted in Election 2012, Obama, Politics | Comments Off

“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

“When Right Is Wrong”

The American way of life has changed dramatically, the result of three decades going in the wrong direction.

Economically we’re setting records; contradictory indicators of wealth and poverty, production and unemployment, and corporate growth offset by small business decline.

The economic picture is vividly uncertain and Congress added to the unpredictability with their obfuscation of the payroll tax — finally passed under pressure.

When, then, can we expect recovery?

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Posted in Economy, Election 2012, Opinion, Politics, Rebalancing America | 2 Comments »

“Where Would We Be If…”

This article has been accepted by The Huffington Post for publication.

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…we didn’t have the safety nets established years ago?

As Republicans strive to strip the programs that prevented us from falling into another Great Depression their arguments are devised to distract us from the truth.

Programs like Social Security and the Federal Deposit Insurance Corporation, put into place after the financial collapse in the 1930’s, were borne of the pain and suffering millions of hard-working people endured throughout the thirties.

Where would we be today without them?

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Posted in HuffPost Articles, Politics, Republican Crises, Social Net, UnAmerican | Comments Off

“Super Failure?”

This article has been posted at The Huffington Post.

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With a looming deadline the Super Committee is under tremendous pressure.

As November 23rd closes in, the 12 members of the Super Committee (Joint Select Committee on Deficit Reduction) are being approached, attacked, pushed, cajoled, advised, and pressured, from all sides.

The difficult task of finding $1.5 trillion in deficit reductions has fallen into the laps of 12 hand selected members of Congress, six from the House and six from the Senate. Some have called it a daunting task. One-point-five trillion does seem like a lot of money! But their time horizon is 10 years.

An entire decade to reduce the deficit by only $150 billion a year?

Seriously?

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Posted in Budget, Election 2012, HuffPost Articles, Politics | Comments Off