NewsTrust - Taxes - Most Recent Stories: Opinion (Independent)

End Polluter Welfare Act

Fri, 11 May 2012 00:00:00 -0700

readersupportednews.org - By Bernie Sanders - May. 11 (Opinion) - 'Our federal government will give away over $110 billion in taxpayer dollars to oil, gas, and coal industries in the next 10 years. Totally absurd.' Bernie Sanders,

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Washington Is Rigged

Thu, 02 Feb 2012 00:00:00 -0800

readersupportednews.org - By Elizabeth Warren - Feb. 02 (Opinion) - Many people who work for a living pay 25, 28, or even 33% of their hard earned money on taxes. We should get rid of the special protections that allowed Mitt Romney to pay only 14% of his income in taxes. That's what the Buffett Rule is all about: making sure those who have already made it pay their fair share to help the folks behind them get ahead.

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Brian O’Shaughnessy on the VAT

Thu, 02 Feb 2012 00:00:00 -0800

tradereform.org - By Brian O'Shaughnessy - Feb. 02 (Opinion) - The question is not whether we have new taxes, high taxes or low taxes. The question is whether we have smart or dumb taxes in relation to promoting economic growth and international competitiveness.

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As Romney Releases Tax Returns, Fmr Senate Investigator Says: We've Got To Start Taxing Corporations

Tue, 24 Jan 2012 00:00:00 -0800

Democracy Now - By Amy Goodman - Jan. 24 (Interview) - tax evasion could seriously cripple the already struggling economy. Blum appears in "We’re Not Broke," a documentary that premiered at the Sundance Film Festival. The film examines widespread corporate tax evasion in the United States and the increasing role of offshore tax havens. "Has [Romney] cheated? No," Blum says. "What he’s done is take full advantage of a system that has been structured the way it is because of political influence and a tremendous amount of lobbying money on Capitol Hill...

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NPR Tries to Track Down Those Millionaire Job Creators

Fri, 09 Dec 2011 00:00:00 -0800

FAIR - Dec. 09 (Opinion) -

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Thirteen Ways to Tax the Rich

Sat, 03 Dec 2011 00:00:00 -0800

truth-out.org - By Jack Rasmus - Dec. 03 (Opinion) - In order for it to have impact, it must be further clarified, or else it will be misinterpreted by politicians pushing ideas which they will falsely claim would tax the rich - such as Republican presidential candidate Herman Cain's phony 9-9-9 plan, or even Obama's "millionaires' tax." Here are 13 true, progressive tax-the-rich proposals:

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Study: Verizon Hasn't Paid a Cent in Taxes in 3 Years - AT&T, Comcast, AT&T Huge Beneficiaries of Loopholes, Subsidies | DSLReports.com, ISP Information

Thu, 10 Nov 2011 00:00:00 -0800

dslreports.com - Nov. 10 (Opinion) -

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Largest Corporations Paid Only Half Their Taxes

Fri, 04 Nov 2011 00:00:00 -0700

deathandtaxesmag.com - Nov. 04 (Opinion) -

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A Voice From the 1%

Thu, 27 Oct 2011 00:00:00 -0700

Daily Kos - By Gaius - Oct. 27 (Opinion) - The impetus behind the Occupy Wall Street movement - a vague sense that the rich are getting ever richer while everyone else suffers - was confirmed by a recent report from the Social Security Administration showing that while total employment and average wages remained stagnant, the number of people earning $1 million or more grew by 18% from 2009 to 2010. Those figures give real substance to the "We are the 99%" slogan, yet Republicans continue to insist, despite all evidence to the contrary, that if anything those "job creators" deserve an even greater share of our national income. The Tea Party, meanwhile, has launched its own "53%" movement, inexplicably rallying the working class to the defense of the wealthy. The one group rarely heard from in this rancorous debate is the 1%, whose incomes and taxes are its focus. I am one of them, and here is my perspective, which may surprise you.

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Energy policy is leaving the middle class behind

Wed, 19 Oct 2011 00:00:00 -0700

Boing Boing - Oct. 19 (Opinion) -

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Here's What The Wall Street Protesters Are So Angry About...

Sat, 15 Oct 2011 00:00:00 -0700

Business Insider - By Henry Blodget - Oct. 15 (Editorial) - The "Occupy Wall Street" protests are gaining momentum, having spread from a small park in New York to marches to other cities across the country. So far, the protests seem fueled by a collective sense that things in our economy are not fair or right. But the protesters have not done a good job of focusing their complaints—and thus have been skewered as malcontents who don't know what they stand for or want. (An early list of "grievances" included some legitimate beefs, but was otherwise just a vague attack on "corporations." Given that these are the same corporations that employ more than 100 million Americans and make the products we all use every day, this broadside did not resonate with most Americans). So, what are the protesters so upset about, really? Do they have legitimate gripes? To answer the latter question first, yes, they have very legitimate gripes.

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The Social Contract

Fri, 23 Sep 2011 00:00:00 -0700

readersupportednews.org - By Paul Krugman - Sep. 23 (Opinion) - This week President Obama said the obvious: that wealthy Americans, many of whom pay remarkably little in taxes, should bear part of the cost of reducing the long-run budget deficit. And Republicans like Representative Paul Ryan responded with shrieks of “class warfare.” It was, of course, nothing of the sort. On the contrary, it’s people like Mr. Ryan, who want to exempt the very rich from bearing any of the burden of making our finances sustainable, who are waging class war.

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Jon Stewart Rips Into Out-of-Touch Millionaires, Including Bill O'Reilly

Thu, 22 Sep 2011 00:00:00 -0700

AlterNet - By Sarah Seltzer, Jon Stewart - Sep. 22 (Comedy News) - Jon Stewart reserved his most potent strain of sarcasm last night for a group of millionaires including GOP politicians and Bill O'Reilly, who are making the media rounds warning of the dire effects that a minimal increase on their taxes might have.

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Obama’s Plan a Massive Tax CUT Despite GOP Claims of “Largest Tax Hike in Modern History”

Thu, 22 Sep 2011 00:00:00 -0700

ctj.org - Sep. 22 (Press Release) - While House Republican Leader Eric Cantor’s staff and others have called President Obama’s jobs and deficit plan the “largest tax hike in modern history,” the unfortunate truth is that it actually cuts taxes overall and increases the deficit. ... Unfortunately, ... President Obama’s proposals would ultimately reduce taxes far more than raise them, compared to current law.

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"Guess Which 10 Companies Aren't Paying Their Share"

Mon, 22 Aug 2011 00:00:00 -0700

AlterNet - By Bernie Sanders - Aug. 22 (Press Release) - Bernie's calling out the corporations that paid no tax, those that received tax refunds on top of that and others.

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The 'Super Congress' Is a Scam Designed to Force Cuts To Popular Programs and Keep Taxes On The Rich Low

Fri, 12 Aug 2011 00:00:00 -0700

AlterNet - By Joshua Holland - Aug. 12 (Opinion) - The way this deal ends is fairly easy to predict – it's a set-up that will result in fairly deep cuts to domestic spending, won't raise taxes on the wealthy and will leave “defense” spending largely untouched – a process that will force cuts to important public services.

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"Don't Believe the Hype About U.S. Debt"

Mon, 13 Jun 2011 00:00:00 -0700

Democracy Now - By Sally Kohn, Amy Goodman, Juan Gonzalez - Jun. 13 (Interview) - this is the time when we should be worrying about other things than public spending. I mean, the fact of the matter is that corporations are sitting on record levels of capital. They’re not spending it. There’s new news out that, if anything, they’re not spending it on jobs; they’re spending it on new, you know, manufacturing equipment. So the problem is, in this situation, like it or not, government is the spender of last resort. And the irony with all this, when everybody says, "Well, government should be tightening its belt, so is everyone else," you know, we let corporations — we actually encourage corporations in this country to borrow and carry debt ratios sometimes three, sometimes four, 14, 50 times higher than government.

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Voucher Vanguard

Thu, 09 Jun 2011 00:00:00 -0700

AU.org - Jun. 09 (Editorial) - America’s public school system and the constitutional separation of church and state are under relentless assault.

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Europe Is Warning Us

Thu, 09 Jun 2011 00:00:00 -0700

Real Clear Politics - By Victor Davis Hanson - Jun. 09 (Opinion) - If Americans think fuel and food prices are high, they should try Europe, where both can nearly double those in the United States -- while salaries here are often lower.

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Bill Kristol admits the truth: 'The corporate tax rate is not killing big business in America.'

Mon, 06 Jun 2011 00:00:00 -0700

Crooks and Liars - Jun. 06 (Opinion) - Click here to view this media Decade after decade, year after year, month after month, week after week, day after day, hour after hour we hear Republicans channelling Grover Norquist and claiming that taxes are too high, we must lower taxes for corporations and raising taxes is always forbidden. George Bush didn't raise any taxes to finance his two wars and instead borrowed money from China to pay for them with not a whisper of complaint from deficit hawks while even going as far as keeping Iraq and Afghanistan out of his budgets and onto unprecedented emergency supplementals . The major talking point of the GOP is that we can't raise taxes in a depression and we also have to cut spending. Some ConservaDems have adopted these ideas as well unfortunately. And even when taxes are as low as they have been under Obama's administration , the media doesn't report on it in any way that gets through to the American people. On FOX News Sunday, Bill Kristol broke the line from his GOP buddies and ...

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Republican Budget Extremist and Cruel

Thu, 02 Jun 2011 00:00:00 -0700

readersupportednews.org - By Sen. Bernie Sanders - Jun. 02 (Opinion) - Given the reality of record-breaking corporate profits and the growing gap between the very rich and everyone else, it should be a surprise to no one that every recently published poll suggests that the overwhelming majority of the American people want the deficit to be addressed through shared sacrifice. They do not believe that the deficit should be reduced solely on the backs of working families, the elderly, children, the sick and the poor - many of whom are already suffering as a result of the recession. Unfortunately, that is exactly what the Republicans have proposed.

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Blackwater Shouldn't Lobby With Our Dime

Sat, 21 May 2011 00:00:00 -0700

readersupportednews.org - By Robert Reich - May. 21 (Opinion) - It's one of the most insidious conflicts of interest in American politics.

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Thanks to Decades of Conservative Spin, Americans Are Hopelessly Confused About Taxes, Spending and the Deficit | | AlterNet

Fri, 06 May 2011 00:00:00 -0700

AlterNet - By Joshua Holland - May. 06 (Opinion) - I'm sure the results of a poll asking if people would prefer an ice cream sundae or a sharp stick in the eye would prove equally conclusive

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GOP to Dismantle ‘Great Society’

Fri, 22 Apr 2011 00:00:00 -0700

populist.com - By Andrew Leonard - Apr. 22 (Opinion) - Ryan’s budget proposal is all the more amazing. Not only does it incorporate repeal of the Affordable Care Act, but it also dramatically slashes Medicaid and obliterates Medicare by transforming it into a scrawnily funded voucher program. Notwithstanding hopes that free-market competition between insurers will bring down healthcare costs (something that has never worked before in the US) under Paul Ryan’s plan, the inevitable outcome is that even fewer Americans will have healthcare coverage than before Obama’s election, and those who do still qualify will likely be paying more for less.

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A $2 Trillion Solution

Fri, 15 Apr 2011 00:00:00 -0700

FCNL Washington Newsletter - Apr. 15 (Opinion) - The federal budget deficit is center stage in Washington. The administration and most members of Congress agree that the federal debt level cannot be allowed to rise indefinitely. Yet the agreement often ends there. The federal government could save $1 trillion with cuts to the Pentagon budget during the next 10 years, according to a report prepared by a range of groups

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