Romney pumped out at least 20 lies last night, masquerading them as fact. What I found interesting is the statement he made about his sons who could tell the same lies over a period of time until they were accepted as fact. This is obviously a family trait.
Here are some examples of Romney’s fabrications:
A Tax Policy Center analysis of Romney’s proposal for a 20% across-the-board tax cut in all federal income tax rates, eliminating the Alternative Minimum Tax, eliminating the estate tax and other tax reductions, would reduce federal revenue $480 billion in 2015. This amount to $5 trillion over the decade.
Mitt: “I will not under any circumstances raise taxes on middle-income families. I will lower taxes on middle-income families.”
The studies Romney cites actually further prove that Romney would, in fact, have to raise taxes on the middle class if he were to keep his promise not to lose revenue with his tax rate reduction. Combine this with his statement two weeks ago that “Middle Income” means an annual earning averaging $250,000.00 with a minimum of $200,000.00. That sure sounds like upper income to me. Us $50-60,000.00 folks will get taxed.
And what about corporations that ship jobs overseas?
If he’s such a businessman… who has actually sent companies to China… don’t you think he knows about the tax break?
I wonder ho many lies will come out of the VP debate? Ryan certainly has been spouting them since his nomination.
Frankly, I don’t believe anything the Republican candidates say. If they have learned to do a good performance of untruthful things then that is what has to be addressed. Obama better wise up to this.
- Romney Backs Away From Own Tax Plan (tpmdc.talkingpointsmemo.com)
- Romney Runs Away From His Own Tax Plan (alan.com)
- Truth Squad: The presidential debate (firstread.nbcnews.com)
- Debate fact check (salon.com)
“If you have a foreign address,” the tax return instruction reads, “also complete spaces below.” In the space below, under “foreign country name,” Romney’s form reads “USA.”
Of course, it probably points out how rarely Romney actually fills out income tax forms. If he made the 12 years of forms previously available, maybe we could get a true sense of where Romney comes from.
- Romney Lists USA Under ‘Foreign Country’ on Tax Return (outsidethebeltway.com)
- Mitt Romney Calls the U.S. A “Foreign Country” On His Tax Returns (alan.com)
- Mitt Romney Calls U.S.A. a ‘Foreign Country’ in His Tax Returns (usnews.com)
- Americans Should be Outraged that Romney Pays Only 0.2% in Payroll Taxes (politicususa.com)
- Paul Abrams: What Romney’s Hiding: ‘It’s the Amnesty, Stupid’ (huffingtonpost.com)
Romney better take a good look st the Republican south when insulting half of their population.
- Dear Republicans Defending Romney’s 47% Remarks: He Was Talking About You (politicususa.com)
- The other 47 percent (newsobserver.com)
- Who Are Mitt Romney’s 47%? – Politics – The Atlantic Wire (theatlanticwire.com)
- Mitt Romney Attempts To Explain Himself After Insulting 47% Of Americans (perezhilton.com)
- Romney was right – the 47% will never vote for him (illinoisreview.typepad.com)
- Romney and the 47 per cent (blogs.ft.com)
- VIDEO: Mitt Romney Responds to ’47 Percent’ Comment, Says It Wasn’t “Elegantly Stated” (foxnewsinsider.com)
Bob said this on CBS last Sunday:
Congress managed to get through last year without passing one single piece of significant legislation. It would be hard to do worse than that, but this crowd may actually manage to do it.
And there’s also a couple of fairly important items that have to be resolved one of these days: whether to let the Bush tax cuts expire at the end of the year, and whether or not to block a draconian $110 billion across-the-board cut in defense and domestic spending.
No word on what if anything they plan to do about those items. Truth is, no one expects them to do anything until after the election. The way it stands right now, if the U.S. Capitol caught on fire, this Congress could find a way to make it a partisan issue and do everything but call the fire department.
They went on vacation? I expect we’re paying for these yoyos to spin out at the end of the string.
Look at it this way:
- Bob Schieffer: Do-nothing Congress takes a break (cbsnews.com)
- Fiscal Cliff: What Really Happens If We Go Over It (dailyfinance.com)
- Rep. Jim Himes: Act now on Simpson-Bowles (darientimes.com)
- Headache awaits Obama post election (whitehouse.blogs.cnn.com)
- Congress, With Much Left to Do, Takes 5 Weeks Off (usnews.com)
- Budget office: Obama’s health law reduces deficit (kansas.com)
- Budget office: Obama health law reduces deficit (tbo.com)
- W.H.: ’12 deficit is $116 billion less than expected (politico.com)
The survey found that 44% thought the tax increase would help the economy, 22% thought it would be harmful, and 24% didn’t think it would make a difference. An identical percentage, 44%, said a tax hike on better-off Americans would make the tax system fairer, while 21% said it would make the system less fair.
There is a deep partisan divide over the proposal. Democrats, by a large margin, said the tax hike would boost the economy and make the tax system fairer. Republicans thought the opposite, though by smaller margins.
Since this has to be decided before Jan. 1st when all the Bush tax cuts disappear by law, it will be interesting when it gets Congressional attention. Odds are it won’t be until after the November election and will depend on who gets elected President.
- Poll Finds Americans See Ending Tax Cuts for Wealthy Beneficial – Bloomberg (bloomberg.com)
- Poll Finds Americans See Ending Tax Cuts for Wealthy Beneficial – Businessweek (businessweek.com)
- Pew Research Center: Obama Maintains “Significant” Lead Over Romney (themoderatevoice.com)
- The left’s gone left but the right’s gone nuts: Asymmetrical polarization in action (grist.org)
- Poll: Public says Obama tax plan more fair, helps economy (thehill.com)
- How Raising Taxes Can Be a Winning Issue for Obama (bloomberg.com)
- Why is it so hard to raise taxes on the rich? (salon.com)
If you filed on April 15th and want to find out how much you saved in your taxes, you can go to FairEconomy.org and take the Tax Fairness Pledge”… something the top 400 of the very rich could effect our whole economy by taking. The top 1% of the country took in 90% of the income gains in 2010, so they’re doing just fine. But lately the folks at the top have not been asked to pay their fair share in taxes.
If these rich folks had paid their fair taxes, what could it have meant? Just how rich are they?:
Even if they only paid ALL of their Income gains above 35% they could cover at least half of all this stuff!
What about you? Are you paying your fair share (or more) of taxes? You can find out HERE by using the calculator, then sign the Tax Fairness Pledge, where you can select necessary areas to contribute excesses to.
My thanks to United For a Fair Economy.
- Why it’s time for a single income tax | Matthew Elliott (guardian.co.uk)
- Those wacky rich folk and their taxes (dontmesswithtaxes.typepad.com)
- Extend austerity measures to allow for major tax cuts, chancellor told (guardian.co.uk)
- Video: What is the Fair Tax? (turbotax.intuit.com)
- Graduate tax proposals divide coalition (confused.com)
- Pennsylvania GOP State Rep. Hasn’t Signed Norquist Tax Pledge Because ‘I Have To Do What’s Right And What’s Fair’ (thinkprogress.org)
- GOP rookies revolt against Grover (politico.com)
Two quotes for the afternoon:
“I think there is room for revenues, but I think there clearly is a limit to the amount of revenues that are available.”
“The comment was significant because Boehner and other Republican leaders have repeatedly insisted that tax increases are off the table, and most Republicans in the House and Senate have signed a “taxpayer protection pledge” vowing not to raise taxes.
America” when he was asked about Norquist today. Later in the day, Boehner revised his comments.”
- John Boehner on Grover Norquist: He’s just some ‘random person’ (dailykos.com)
- Boehner calls anti-tax activist ‘random person’ (sfgate.com)
- Debt Plan Will Contain New Tax Revenues: Boehner (newser.com)
- Boehner Calls Grover Norquist Some Random Person; Norquist Agrees (blogs.wsj.com)
- Alan Simpson Takes on Grover Norquist, AARP (blogs.wsj.com)
- Boehner: Grover Who?! (mediaite.com)
Elly and I had to get up at 6AM today, eat, walk the dogs and head for Baltimore to BWI to pick up our grandson Milo who flew in from Connecticut to visit his Aunt Penny and our other three grandchildren. We had to get to the airport, which is an hour and a half away from us at least, 45 minutes before his plane lands so that one of us (me) can get the consent papers to pick him up, go through the x-ray and search procedures to get down to the gate and then wait for his arrival.
Then we had to reverse direction and get him to Penny’s house for lunch. In all it took about 6 1/2 hours out of our day and now I’m back and can start posting and reading everyone else’s posts.
So give me some time to see what’s going on and I’ll get right back to you.
I’m getting really tired of these right-wing corporation kissers who are demanding MORE TAX CUTS when we are already taxing less as a percentage of GDP than we have since 1950 (and if you remember at that point, the upper 1% of rich Americans was being taxed close to 90%).
The Bureau of Economic Analysis (BCA) puts it this way in it’s report:
Federal, state and local taxes — including income, property, sales and other taxes — consumed 9.2% of all personal income in 2009, the lowest rate since 1950, the Bureau of Economic Analysis reports. That rate is far below the historic average of 12% for the last half-century. The overall tax burden hit bottom in December at 8.8% of income before rising slightly in the first three months of 2010.
A. If we are going to cut expenses let’s bring home the troops and cut the military…
Of course, we are going to see the Republicans hang on to the Paul Ryan plan because they have all but married it. Don’t expect changes from the House then. And hope that Obama and the Senate don’t knuckle under. Just get us to the 2012 elections and eject the idiots who have made the House the non-voice of the people.
- The New GDP Data Is Bad. The Hidden Data Behind It Is Worse (freakonomics.com)
- You Think You’re Paying Too Much In Taxes? (mint.com)
- New GDP Data: There’s Bad News, Hidden in the Details (economistsview.typepad.com)
- N.J. slips to third in nation for personal income (nj.com)
- U.S. tax burden at lowest level since ’58 (usatoday.com)
- Modest growth forecast for Tennessee economy (knoxnews.com)
While I’m sure the tea-party types (and, hell, most of the Americans who have bought the Koch Brothers’ self-indulgent crap) will yell like wounded hyenas over this, an increase in taxes for those earning the big bucks has to happen.
Here’s a clip from HuffPo… but go in and read the whole thing:
- Obama Puts Tax Increases on Budget Table (abcnews.go.com)
- Obama first to put tax increases on budget table (sfgate.com)
- Frustrated Millionaires Demand Higher Taxes (abcnews.go.com)
- Obama to offer tax hikes in budget showdown (cbsnews.com)
And this guy may run for President (that will take care of his flying costs for at least four years if he wins.)
- Haley Barbour bills Mississippi taxpayers for CPAC travel expanses (dailykos.com)
- Why Taxpayers Paid for Haley Barbour’s Luxury Jet (time.com)
- Barbour Flew State Plane to Deliver Cost-Cutting Message (politicalwire.com)
- Haley Barbour Flew State Plane To Deliver Cost Cutting Message To CPAC, Fox News (swampland.blogs.time.com)
- Why Taxpayers Paid for Haley Barbour’s Luxury Jet (swampland.blogs.time.com)
- Fact-Checking Haley Barbour’s Budget Claims (huffingtonpost.com)
Here are their stats:
Citizens tired of being ignored amidst the media fascination with the antics and misinformation of the Tea Party, a fringe 2% which distracts us from solving the very real problems facing America.
Disenfranchised Tea Partiers outraged about Wall Street bailouts and the unfairness of a system that gives massive tax breaks to global corporations and the very rich while leaving the rest of us to pick up the tab.
We are all of us…
No matter what creed, color, religion or trade, we’re all in this together. Everyone — from the single mom just scraping by to the richest man on the hill — share a common interest in keeping America the best country on Earth.
We are often too busy to be heard, but we are everywhere. And we are hopeful.
It’s been snowing steadily since nine this morning and, while the dogs love walking around in it, I’m looking for reasons to stay inside today. One of those reasons is to watch the Senate debate the START treaty, which is not even close to the action in the tax cut extension debates earlier on, and flipping back to the House of Representatives who nearly completed debate on the rule for taxes when Rep. McGovern (D-MA) pulled the bill off the floor. Lawmakers are uncertain if they have enough votes to bring the tax bill to the floor.
Before the debate on the tax bill starts, the House first needs to pass the rule on how the debate and votes will go, with a simple majority vote. If the rule passes, the will be three hours of general debate and one amendment to change the inheritance tax provisions in the bill. For the last two hours, though, nothing has happened and the House is now out. The Democrats were supposed to go into a closed meeting, but the word from CSpan is that the Closed Meeting has been delayed. Whether or not they come back this evening, I don’t know.
Don’t Ask, Don’t Tell, which the House voted to end yesterday, went the to Senate and lost. The Senate has failed to get past a roadblock on a bill that would repeal the policy banning gay men and lesbians from serving openly in the military. The procedural vote failed, 57-40, and was mostly along party lines. Sixty votes were needed to move forward.
- Panic at the Disco?: Tax Bill Pulled From House Floor (nicedeb.wordpress.com)
- Democrats hold up tax bill consideration (dontmesswithtaxes.typepad.com)
- Tax cut deal hits “bump” in House (dailykos.com)
- Senate prepares to vote on tax-cut extension (abclocal.go.com)
- Kyl Still Trying to Kill Treaty (politicalwire.com)
Renewing the Bush Tax Cuts Is Like:
” driving your car off the cliff, paying a tow truck twice the price of the car to haul it back up, then driving it back over because your brother-in-law’s cousin’s friend told you this time it will fly.”
(this is a contest By larry beinhart (about the author)
Go to this section of OpEd News to Enter and see the other responses.
- Larry Beinhart: Renewing the Bush tax cuts is like:(This is a contest) (huffingtonpost.com)
- Dear Mary: You voted for the Bush tax cuts (dailykos.com)
- “The Irony: What Bush Tax Cuts Giveth, Deficit Plan Tax Increases (Mostly) Take Away” and related posts (gooznews.com)
Right now they are voting on the Baucus Amendment, which is identical to the bill passed by the House last week. This extends tax cuts across the board up up to $250,000 per family income. If this fails they go to the Schumer Amendment which extends the Bush tax cuts up to $1,000,000.00.
I don’t believe either of these will pass, since the Republicans are holding out for complete extension of all Bush tax cuts… including those for the very wealthy which will cost our country over a trillion dollars this year. However, what will be seen in public is that the Democrats are trying to deal with the two problems of the economy and the deficit, while the Republicans are holding out to make the deficit much, much worse and to benefit the very wealth 1% at the top of our population.
It looks like we are getting a straight “NO” from Republicans (even Brown from Massachusetts and Collins from Maine who were hinted at to be crossovers.) I didn’t see on the Democrat side what Ben Nelson did, or if any other Dem went for the Republican side. It’s no surprise but fucking Lieberman just went with the Republicans (What a surprise!, says my wife.)
Vote on this one was 53 to 36… since, due to the filibuster it needs 60 votes, this one didn’t make it.
Now they are voting on whether to move forward with the Schumer Amendment with the million dollar break.
Schumer’s Amendment would extend unemployment for a year as well.Since it looks like all the Senators are on the floor now, this vote should go faster than the last. Looking at the floor I see that Democrats are talking to Democrats and republicans are talking to Republicans and no pleasant interaction is happening between parties. Our Senator Rockefeller has voted against this one, and I’m surprised. Perhaps I shouldn’t be, but when even Ben nelson votes for it, I wonder why Rockefeller ties in with the right on this one. Lieberman voted No on this one as well.
Tom Harkin has voted No on this one… and, if so, there must be a reason. Durbin has voted No as well. Something tells me they want to go to the original drafting of the bill with no amendments. Or else they are trying to make sure nothing gets through and the Taxes are automatically restored on January 1st (which, as you know, would be my preference.)
Vote is 53 – 37 and the motion is not agreed to.
Now Mitch McConnell is giving a speech to insult Democrats for wasting time and claiming that there is BiPartisan demand to extend the tax cuts for everyone, including the wealthy, and he also claims that the public agrees (just not the 70% who have been polled.)
So now we’re going into open speeches by both sides. It begins with Mary landrieu (D – Louisiana) commenting on Mitch McConnell’s insults and questioning if he is not embarrassed by saying publicly that his main goal is to prevent Obama from being reelected in 2012.
God, it’s hard to watch this crap.
- Senate Showdown Over Tax Cuts (abcnews.go.com)
- Senate to Vote on Democratic Tax Cut Plans (abcnews.go.com)
- You: Senators Vie for Last Word on Tax Breaks as Expiration Nears (nytimes.com)
- Senate to vote on Democratic tax cut plans – The Associated Press (news.google.com)
- Senate Sets Votes on Two Proposals to Extend Tax Cuts – BusinessWeek (news.google.com)
- Senate Showdown Saturday: Tax Cut Votes on the Way – ABC News (news.google.com)
- Obama wins symbolic tax vote but battle rages (nationalpost.com)
- The relative ease of finger-pointing (washingtonmonthly.com)
- Saturday Showdown at the Senate: Weekend Tax Cut Votes on the Way (blogs.abcnews.com)
- US’s Schumer: Hopes Senate Tax-Cut Votes On Sat Clarify Debate (forexlive.com)
- Biden: Senate should extend middle class tax cuts (reuters.com)
- Saturday …The Senate will be in Session (ynative77.wordpress.com)
We are starting December with a very heavy rain… it began around midnight last nite and was still raining five minutes ago when I brought the dogs in from their 10:30 AM walk. I expect it to keep raining most of the day. The low spots on our back lot are flooded already and I imagine groundwater rises are happening all over town. I’ll find out when I go out to the store a little later.
December begins the three or so weeks that Congress has remaining in the Lame Duck Session before all the overpaid and underaccomplishing elected officials head home for the holidays to brag about what they did or didn’t allow to get passed and beg for money. Perhaps they will leave after making at least one or two progressive legal advances get through before the Republicans take over the House and add to their seats in the Senate. Taxing the Wealthy would be one legal wonder. I don’t count on it as Obama seems, as usual, getting ready to cave. To me, the best thing would be for nothing to happen and the taxes go back in place for everyone.
I heard one Republican Congressman say on a TV interview that if the taxes go back to pre-Bush levels, the average tax increase for us poor middle-classers will be around $2,150.00. This, of course, is not true… the average is thrown way off by the top 1% of the population whose millions-through-billions in income throw off the 99% that averages in the lower thousands. This is being done to scare the middle and lower class voters into supporting the Reps and Senators being paid off by the Murdochs of the world. I expect my taxes to go up a couple of hundred dollars at most… and the amount that would be taken from the wealthy 1% would bring in a huge amount of bucks… perhaps over a trillion dollars.
In reality, if the overall Bush tax cuts for EVERYONE are extended for a couple of years it will put us the same trillion-plus deeper into debt. And if you think that will improve our economy and increase jobs I have a great bridge to sell you.
- Scenarios: U.S. tax battle to go down to the wire (reuters.com)
- Obama, GOP eye deal on taxes (philly.com)
- Lawmakers stand firm on taxes as talks start (seattletimes.nwsource.com)
- Full Agenda Ahead for Congress During Lame Duck Session (foxnews.com)
- Obama may delay Hawaiian vacation over tax fight – CNN (news.google.com)
- Protecting the rich, afflicting the jobless (seattlepi.com)
- Lame Duck 2010: Finding the Middle Ground (abcnews.go.com)
- Lame Duck 2010: Finding the Middle Ground – ABC News (news.google.com)
- After the White House Summit: Towel-Snapping Partisanship Lives On (politicsdaily.com)
- Lame-Duck Hunting (volokh.com)
- Open Microphone picks up Senate floor discussion: “It’s all rigged” (pumabydesign001.wordpress.com)
- The lame-duck session, and why it matters – or doesn’t – Washington Post (news.google.com)
This from an ABC interview… I think it sums things up pretty well:
“The rich are always going to say that, you know, “Just
give us more money, and we’ll go out and spend more,
and then it will all trickle down to the rest of you.”
But that has not worked the last 10 years, and I hope
the American public is catching on.”
Billionaire Warren Buffett
- Warren Buffett: Cut Taxes For Middle And Lower Class; Rich Should Pay Much More (alan.com)
- Warren Buffett: I ‘Should Be Paying A Lot More In Taxes’ (huffingtonpost.com)
- Warren Buffett: Please, Raise My Taxes (crooksandliars.com)
- “Warren Buffett tells ABCâ€™s â€˜This Weekâ€™: People like me should be paying a lot more in taxes” and related posts (blogs.orlandosentinel.com)
- Buffett Says Rich Should Pay More (politicalwire.com)
- Buffett Tells ABC Rich People Should Pay Higher Taxes (businessweek.com)
- Warren Buffett: The Rich Should Pay More in Taxes (grantlawrence.blogspot.com)
We are writing to urge you to stand firm against those who would put politics ahead of their country.
We make this request as loyal citizens who now or in the past earned an income of $1,000,000 per year or more.
We have done very well over the last several years. Now, during our nation’s moment of need, we are eager to do our fair share. We don’t need more tax cuts, and we understand that cutting our taxes will increase the deficit and the debt burden carried by other taxpayers. The country needs to meet its financial obligations in a just and responsible way.
Letting tax cuts for incomes over $1,000,000 expire, is an important step in that direction.
…and that from over 40 patriotic Americans.
- “Patriotic millionaires” call for their tax cuts to expire (salon.com)
- Dems Seek Middle-Class Tax Cuts, but ‘the Votes Are Not There’ (politics.blogs.foxnews.com)
- Obama’s First Post-Election Crisis: Can He Appear Strong on Tax Cuts? (politicsdaily.com)
Democrats unlikely to repeal tax cuts for the rich
As a blogger, I find this particularly displeasing (and a violation of Freedom of the Press and Freedom of Speech).
This is the opening couple of paragraphs, but the rest is worth reading (and responding to):
Read the rest HERE.