15 Mar

OutFOXED, A Waste Odyssey: News Hypocrisy on Spending Tax Dollars

01 Feb

Bane of Our Existence: How Mitt Romney Made More Millions

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Indecision 2012 – Bain Man
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(more…)

31 Aug

Kleptocracy: Top CEOs, Corporations Dodge Taxes; Get Tax Breaks

At least 25 top United States companies paid more to their chief executives in 2010 than they did to the federal government in taxes, according to a study released on Wednesday.

The companies — which include household names like eBay, Boeing, General Electric (Msnbc.com is a joint venture of Microsoft Corp. and NBC Universal, which is jointly owned by Comcast Corp. and General Electric) and Verizon — averaged $1.9 billion each in profits, according to the study by the Institute for Policy Studies, a liberal-leaning research group. But a variety of shelters, loopholes and tax reduction strategies allowed the companies to average more than $400 million each in tax benefits — which can be taken as a refund or used as write-off against earnings in future years.

The chief executives of those companies were paid an average of more than $16 million a year, the study found, a figure substantially higher than the $10.8 million average for all companies in the Standard & Poor’s 500-stock index. (more…)

19 Aug

World of Class Warfare: Taxes vs Spending Cuts in a Nutshell

The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
World of Class Warfare – The Poor’s Free Ride Is Over
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And for even mentioning the obvious the wealthy have turned on Warren Buffet. Sick, sick people running this country and on top of this society.

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World of Class Warfare – Warren Buffett vs. Wealthy Conservatives
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02 Aug

Colbert ‘Nails It’: What Obama Should Have Done

The Colbert Report Mon – Thurs 11:30pm / 10:30c
“Three Billy Goats Gruff” Budget Negotiations
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The Colbert Report Mon – Thurs 11:30pm / 10:30c
The Word – With Great Power Comes No Responsibility
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29 Mar

Change You CAN’T BELIEVE: G.E., Like Most Large U.S. Corps Doesn’t Pay Taxes

According to The New York Times, last year General Electric (GE) made over $14.2 billion in profit, but paid NO federal tax. None. In fact, thanks to the millions GE spent lobbying Congress, we American taxpayers actually owed GE $3.2 billion in tax credits.

Now GE is slashing health benefits and retirement benefits for new employees among non-union workers and is expected to push unions to accept similar cutbacks, while its CEO, Jeff Immelt, gets a 100% pay raise.
What’s worse? Immelt now sits as chair of the President’s Council on Jobs and Competitiveness (Jobs Council), representing corporate America to the President on matters like job creation and corporate taxation. That’s a slap in the face to every hardworking, tax-paying American—especially GE employees.

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I Give Up – Pay Anything…
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That’s why we’re teaming up with Russ Feingold and his new group Progressives United today to call for Immelt to go. Will you join the call?

04 Mar

Nail on the Head: John Stewart Exposes the Hypocrisy of Attacks on Teachers

The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
Crisis in Dairyland – For Richer and Poorer – Teachers and Wall Street
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The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
Crisis in Dairyland – For Richer and Poorer
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Daily Show Full Episodes Political Humor & Satire Blog The Daily Show on Facebook
20 Jul

Federal Judge upholds sentence: Wesley Snipes gets 3 years

ATLANTA (CBS/AP) Wesley Snipes is facing up to three years in prison after a federal appeals court upheld the sentence against the film star who was convicted two years ago of failing to file income tax returns for three years. (more…)

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