GOP Tax Madness

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Once upon a time, the Republican Party was about the back-bone of America, the small businessman, holding his own against a malicious corporate world.  It was about a mom & pop business struggling to survive.  It was about small town America, baseball, hot dogs, and apple pie.

Forget that.

Today, the GOP is about not taxing the ultra rich.  The rest of us can be taxed to death, but we must not complain.  That would be socialism.

Mitt Romney’s GOP is all about taking care of business, literally.  No, not small town, Norman Rockwell business that is what makes this nation great, but hedge fund, vulture capital, and the patriotic businessman who knows the way to make this nation great, again is simple.  You eliminate the minimum wage.  You tax the poor, making them pay their fair share.  Do away with all environmental protections.  And get rid of every safety net.  Let the poor take care of their own.  I believe the term was “let them eat cake”.  (Cake was the soot that lined a chimney).

You gotta love the Randians.  It is all about taking care of one’s self, and destroying anyone who gets in your way.  That was never the America way, but now that the right, conservatives, and the GOP worship Rand, everything is now perverted.  All that matters is allowing the rich to get richer.  If you aren’t rich, you’re not worth even discussing.  You must pay your fair share, even if it breaks your family.

It’s only fair.

Business Insider

Bunk!

“…The richest woman in Wisconsin, Diane Hendricks, is worth an estimated $2.8 billion, but she did not pay a dime in state income tax in 2010, the Milwaukee Journal-Sentinel first reported.

Because of a change in how her company, ABC Supply Inc., the country’s largest distributor of roofing, windows and siding, is structured, Hendricks reduced her personal state income tax burden from $2.3 million in 2009 to zero in 2010, according to  records the state Department of Revenue released to the Journal-Sentinel.

While a tweak in ABC’s corporate structure allowed its CEO to get out of state income taxes, a complex web of deductions and exemptions in the federal tax code have allowed more than 20,000 wealthy tax filers get off the hook on paying federal income taxes.

A recent IRS report showed that 20,752 households that reported earning more than $200,000 in 2009 paid no federal income taxes. About 1,500 of those tax-free Americans were millionaires….”

Once again the GOP is right there on board, working on new laws to force out of state sales tax collection.  I guess that’s okay with Grover Norquist, because it’s “not” raising taxes on his beloved billionaires, you know, the ones who are propping up Mittens.

“…“No one can tell retail’s story better than retailers themselves, so we’re making sure to put the faces of real retailers behind our sales tax fairness campaign,” Shay said. “These small-business owners will be featured prominently in our campaign videos, ads and other material. Our goal is to generate sufficient grassroots mobilization and engagement to raise public awareness of the unlevel sales tax playing field among retailers — inside and outside the Beltway — and ultimately spur congressional action on the Marketplace Fairness Act.”

The Marketplace Fairness Act, introduced in the Senate by Sens. Mike Enzi (R-Wyo.), Richard Durbin (D-Ill.) and others, would allow states to collect sales taxes from certain out-of-state sellers, including online retailers. Similar legislation, called the Marketplace Equity Act and introduced by Reps. Steve Womack (R-Ark.) and Jackie Speier (D-Calif.), has been introduced in the House.

The campaign is gearing up for a possible hearing by the House Judiciary Committee later this year. Rep. Lamar Smith (R-Texas), chairman of the panel, has told The Hill that he plans to hold a hearing on the issue this July.

Because of a 1992 Supreme Court decision, only companies that are physically located in a state can be required to collect sales tax revenue by that state. Consequently, brick-and-mortar retailers argue that many Internet sellers have an unfair advantage by offering lower prices to customers by not collecting sales tax.

The Hill reported last week that retailers are waging a state-by-state campaign to pressure Washington to approve legislation authorizing an online sales tax — a tough election-year sell to a Congress not inclined to support anything that appears to be a tax increase….”

ABC

The Pink Flamingo agrees with Jeb Bush.  I sure wish he were the nominee instead of a failed Democrat.

“…Maryland Rep. Chris Van Hollen, the ranking Democrat on the committee, asked Bush if he agreed with Norquist’s pledge and he answered, “No.”

“I ran for office three times,” Bush said. “The pledge was presented to me three times. I never signed the pledge. I cut taxes every year I was governor. I don’t believe you outsource your principles and convictions to people. I respect Grover’s political involvement. He has it every right to do it, but I never signed any pledge.”…”

We are looking at Obama’s tax proposals and Mitt’s proposals.

Huffington Post

It is clear that Mitt Romney is looking out for his own.

Business Insider

Romney’s tax proposals are all over the map.  One thing is clear, he is taking the same course as the hard-line conservatives.  Those who could afford it the least, would end up paying at least $1000 more a year.  When you are earning under $20,000 a year, that is enough to destroy a family.  When you are earning over a million, it is nothing.

BUT – all the poor deadbeats in this nation must pay their fair share, no matter how badly wring more money, rather like the Sheriff of Nottingham, will destroy their lives.  It is also destroying spending power.  When you destroy spending power, you destroy jobs, but what the heck, these are the deserving poor.  It is their fault they aren’t educated.  They are the unwashed masses, smelly, filthy, spewing puss from their gaping sores filled with maggots.  Once upon a time they were We the People.  Now, though, they’re pond scum for the Randians.

One thing is clear, Romney is no conservative when it comes to taxes.  He’s a true liberal – a true plutocrat, interested in only his business associates.

“...In 2007, Romney signed the anti-tax pledge put forth by Americans for Tax Reform, pledging no new taxes or increases of existing taxes; in 2002, Romney refused to sign an anti-tax pledge because he considered them “government by gimmickry.”

As Governor of Massachusetts, Romney opposed an increase in federal gas taxes and supported the second round of Bush tax cuts. In 2007, Romney said that he had supported the Bush tax cuts overall.

By the end of Romney’s term as governor, declining aid from the state to localities caused property taxes to rise by five percent to their highest level in 25 years.

The state and local tax burden in Massachusetts increased from 9.9 percent in 2003 to 10.3 percent of per capita income in 2005, before falling back to 9.9 percent at the end of Romney’s governorship in 2007, according to analysis by the Tax Foundation.

To help get the state out of debt, Romney doubled fees for court filings, professional regulations and firearm licenses, raising $400 million in the first year of the program.

Romney also increased the state gasoline fee by 2 cents per gallon, generating about $60 million per year in additional revenue; the fee is in addition to the 21-cent-per-gallon state gas tax.

Romney approved $128 million in tax changes such as sales tax from purchases on the Internet and raised another $181 million in additional business taxes in the next two years; businesses called these changes tax increases, but Romney defended them as the elimination of “loopholes.”

In Romney’s 2007 Iowans for Taxpayer Relief and Iowa Republican Straw Poll speeches, he advocated eliminating the capital gains tax.Romney has since stated that he favors eliminating any taxes related to capital gains or other investments on all individuals or families who make less than $200,000 per year.

Romney has also advocated eliminating the estate tax.

Romney has supported tax relief for all Americans and has advocated eliminating the capital gains tax for all those who earn less than $200,000 per year. Romney has also supported eliminating the estate tax, known by opponents as the Death Tax, signed a pledge to oppose “any and all efforts” to increase income taxes, and promises to control spending by Congress.

Romney has supported a balanced budget amendment to deal with the burgeoning federal deficit. He has stated that deficit spending results in devaluation of the dollar and a decline in the economic stability of the United States. He has proposed reining in growth in entitlement programs. He has also proposed eliminating pork-barrel spending on unnecessary programs.

Romney opposed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, the compromise tax package between President Obama and the Republicans Congressional leadership that centered around a two-year extension of the Bush tax cuts. He said, “But because the extension is only temporary, a large portion of the investment and job growth that characteristically accompanies low taxes will be lost. [And] It will also add to the deficit.”

According to an analysis of his tax reform proposal by the Brookings Institution and the Tax Policy Center, Romney’s plan would charge parents earning minimum wage about $1,000 more per year, while affording those earning over $1 million per year about half of his proposed $600 billion per year tax cuts.

However as part of his pivot towards the general election, he later announced plans to increase taxes on people who own multiple homes, such as himself. His adviser Glenn Hubbard has said that Romney would tackle the deficit by increasing taxes on and reducing benefits of the wealthy, in a manner similar to Obama’s policies…”

Think Progress

Now, conservatives will go along with Romney, especially #4 of the above. Why should the rich pay more than the poor?  They never bother looking at percentages, only wringing money out of people who can’t afford it.

Sure, I agree that people should pay taxes.  I think EVERYONE should be taxed the same percentage rate, no matter how rich or how poor.  Anyone making over $25,000 for an individual and $45,000 per couple should be required to pay 15% with no deductions – none.  There should be no capital gains and no death tax.  Corporations should pay 15% with no exceptions and no deductions.

No exceptions.

The problem is this is a truly fair way to tax people.  Conservatives don’t think it taxes the poor enough.  They want those wonderful job creators – those making over a billion bucks, to be allowed to pay their fair share by paying very little.  Sorry, they are no better than Joe Blow who has three kids, with a combined family income of $35,000.  Joe Blow, to pay 15%, will truly suffer.  Mitt’s Billionaire friends who pay 15% won’t feel it at all.

The right no longer believes in “fair”.  Something truly nasty has happened in this country.  It is almost as though the right has a vendetta against anyone who truly isn’t incredibly rich.  The Pink Flamingo defines wealthy as having a net worth over $50 million.

If you are a normal person who is struggling to take care of your family, you’re one of the smelly, dirty, filthy, reeking undeserving poor who should be crushed underfoot.  If you aren’t making a fortune it is your fault because you didn’t go to college and become a doctor or a lawyer.  It is your fault that life happened.  It is your fault because you just aren’t perfect.

It’s also your fault if you want to make a decent wage.  If you are a woman, you don’t deserve to make the same thing as a man.  If you belong to a union you are an evil commie.  If you are a teacher, you should be put in some sort of a concentration for daring to speak your mind. If you are a public sector employee and have a pension, you are robbing the rich to pay for your retirement. You don’t deserve a pension.

I don’t know what has happened to this country, but it is ugly, nasty, vile, vicious, and just plain against everything we once believed as Republicans.  It is all about padding the pockets of a very few, no matter how badly everyone else suffers and is destroyed.

All that really matters is for Mitt to keep his billionaire pimps happy.  He is bought and paid for, just like the street-whore that he is.  I would compare him to a prostitute, but that would be insulting good, hard-working prostitutes.

 

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