Tag Archives: Income tax

Middle Class? More Like No Class

From abc NEWS:

Mitt Romney may be a multimillionaire, but on Wednesday he set his net worth aside and declared himself a member of “the great middle class.”

“We ought to provide help to the people who have been hurt most by the Obama economy. And that’s the middle class,” Romney said at a town hall meeting in Miami. “It’s not those at the very low end; it’s certainly not those at the very high end. It’s for the great middle class — the 80 to 90 percent of us in this country.”

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The Cain Scrutiny

From THE WALL STREET JOURNAL:

GOP presidential candidate Herman Cain has a plan to fix the economy.  Just don’t ask him to tell you who helped him write it.

In an interview on Fox News Sunday, Mr. Cain declared that �some of the best economists in this country helped him develop the plan, which he has dubbed the 9-9-9 plan because it would create a 9% flat tax on business and personal income and create a 9% national sales tax.

But Mr. Cain repeatedly refused to name those bright minds when pressed by the show’s host, Chris Wallace.

My unnamed sources have told me where Herman’s unnamed economists come from and why he won’t say who they are.
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What’s the Deal?

From THINK PROGRESS:

One of the organizing principles of the conservative movement revolves around always cutting taxes and resisting any moves towards raising revenues. Hundreds of conservatives have even signed Grover Norquist’s pledge to never, under any circumstances, support a tax increase.

Gov. Nathan Deal (R-GA) made tax cuts a major part of his campaign promise last fall.

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Michigan Mishigas

From mlive.com:

When Republicans won everything in Michigan last year, they were supposed to put an end to tax increases forever.

Well, that lasted until Gov. Rick Snyder came up with his budget that taxes pensions (sorry, Grandma), eliminates the Earned Income Tax Credit (EITC) for low-income working folks and freezes the income tax at 4.25 percent instead of gradually rolling it back to 3.9 percent.

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The Gang’s All There!

From The New York Times:

WASHINGTON — For 30 minutes on Thursday, Mitt Romney, a likely Republican candidate for president in 2012, offered a systematic indictment of what he described as the failed presidency of Barack Obama. A little earlier, a crowd of conservatives whooped in delight as a speaker made coy allusions to Mr. Obama’s youthful experimentation with cocaine.

Republican leaders took the stage at a conservative conference here to pay tribute to the Tea Party movement and soberly pledge to defeat Republicans who did not adhere to conservative views. Speaker after speaker drew hoots as they mocked Mr. Obama for his use of a teleprompter, seemingly oblivious to the teleprompter that rose from the floor before them.

The setting was the Conservative Political Action Conference, and it produced a sometimes incongruous meshing of mainstream Republicans — presidential candidates, leaders of Congress, political thinkers — with the often rowdy crowd of activists who have typically lent a slight air of the carnival to this long-time Washington political gathering.


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(From top, clockwise:  Naked Scotty Brown, Michael Not-Steele Williams, Tim Timmeh Pawlenty, Snarling Liz Cheney, Willard Mittsie Romney, Dick Dick Armey)

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Let ’em eat Happy Meals!

You know that I’ve been busy covering the breaking news from South Carolina, kids, but don’t think for a moment that I forgot about this trailer trash Marie Antoinette. Here’s Cynthia Davis in her own words:

While nobody is disputing the benefits of nutritious food, why the presumption that parents are not providing nutritious food for their children? Even if they are not, who created a new rule that says government must make up for any lack at home? The problem of childhood obesity has been cited as one of the most rapidly growing health problems in America. People who are struggling with lack of food usually do not have an obesity problem.

…snip…

On the Summer Food Service Program:

Anyone under 18 can be eligible? Can’t they get a job during the summer by the time they are 16? Hunger can be a positive motivator. What is wrong with the idea of getting a job so you can get better meals?

Tip: If you work for McDonald’s, they will feed you for free during your break.


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A Fight Brewing Over the Budget

From The New York Times:

WASHINGTON — House Republicans on Wednesday offered a budget vision sharply at odds with the Democratic proposal, calling for sweeping tax cuts, major changes in Medicare and a suspension of the economic stimulus program.

The Republican plan, introduced after days of ridicule from Democrats about the absence of an alternative to President Obama’s proposal, would also freeze most domestic spending for five years, increase Pentagon spending, permanently extend the Bush-era tax breaks and eliminate any taxes on successful investments in 2010 as a way to spur the economy. Republicans said they would spend $4.8 trillion less than Democrats over 10 years.

“This is our budget, with real policies and real numbers,” said Representative Paul D. Ryan of Wisconsin, the senior Republican on the Budget Committee.

Wow!! Real numbers? Sell it, baby!!!!

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A Bigger Slice of the Eskimo Pie

From Reason:

A few years ago, in the wake of Hurricane Katrina, Sen. Tom Coburn of Oklahoma suggested taking money earmarked for a notoriously extravagant “bridge to nowhere” in Alaska and using it for reconstruction in Louisiana. Sen. Ted Stevens of Alaska, a fellow Republican, angrily declared, “This is the first time I have seen any attempt by any senator to treat my state…differently from any other state.”

In a tirade that included threats to behave like “a wounded bull on the floor of the Senate,” to “be taken out of here on a stretcher,” and to “resign from this body,” Stevens’ insistence that all he wanted was equal treatment for Alaska may have been the least believable thing he said. During the last four decades, no one has done more than Stevens to ensure that Alaska is treated unequally, receiving far more in federal spending than it pays in taxes.


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