The Wild and Wacky World of Far Right Tax (Cheating)


We’ve all heard the old saying, fish and cut bait. If it isn’t working, then cut your losses and move on, to repair the damage. Let’s face it the GOP has a problem with image. It has a very real problem because it has ceased to be the party of the small business person. It is now the party of the ultra plutocrat, and those who worship him, and want his patronage.

It’s a bit like ancient Rome. Roman senators had clients, rich and poor. They formed an entourage around which his voting block of supporters grew, exponentially. The more clients a senator had, the more powerful he became. No matter how rich and powerful people like the Koch Brothers are, they are still clients of the ruling class. They can buy and sell, supporters, offer incentives, bribes, and other well established examples of affection, but, in the end, they are the clients. They search for men like Jim DeMint and Rand Paul who have no morals and no scruples, to buy and sell. DeMint is patron for the Koch Brothers, as he assembles, bullies and panders others to join him. That’s why he chooses to sponsor distinctly inferior candidates for Senate. He cannot stand to have anyone to rise above him in this patron-client power structure.

“...Cote ranked 11th on a list compiled in a recent study conducted by the Institute for Policy Studies of executives who have saved the most from the Bush tax cuts. According to the IPS, Cote’s taxable compensation for 2011 was a bit more than $55 million, and he did not pay about $2.5 million thanks to the Bush tax cuts.

After mentioning a few scary-sounding deficit statistics, he suggested the government raise revenue by ending individual tax credits and deductions, which he said amounted to a $1 trillion “giveaway” in 2011. It was clear, however, that Cote hadn’t come on the show to talk about taxes.

“The big nut is going to have to be [cuts to] Medicare/Medicaid … especially with the baby boomer generation retiring. It’s going to literally crush the system.”

But while Cote strongly recommends cutting those benefits, when it comes to the tax obligations of corporations, he’s clear about what he wants: a corporate tax rate of zero.

“From a fairness perspective, nobody would be able to stand [a zero tax rate on corporate profits],” but if the U.S. really wanted to create jobs, he said this spring, “we would have the lowest rate possible.”

At Honeywell, Cote practices what he preaches. Between 2008-2010, the company avoided paying any taxes at all. Instead, the company got taxpayer-funded rebates of $34 million off of profits totaling nearly $5 billion.

Part of what makes the lobbying blitz around the fiscal cliff so complex for CEOs on the Fiscal Leadership Council is that many of them need more than just low tax rates. They also need Congress and the White House to maintain current defense spending levels so they can continue winning enormous contracts.

In 2011, $40 billion of taxpayer money was divided among just nine CFD member companies, led by defense giant Boeing, which raked in $22 billion in federal contracts alone, more than the other eight companies combined. For his efforts as CEO, Boeing’s Jim McNerney took home nearly $23 million in compensation last year.

But even as McNerney lends his name to the deficit commission, his company has quietly begun laying off U.S. workers ahead of defense cuts that are expected to be part of a deficit reduction deal. The company denies that federal spending has anything to do with the job cuts, but defense industry analysts aren’t convinced.

At least one faction of Boeing’s workforce is thriving: Boeing lobbyists in Washington have made $12 million since January fighting proposed cuts to defense and aerospace projects….”

The GOP is no longer the party of the small business person.

“...To change the political dynamic, Republicans need to address class concerns, particularly those of small property owners and aspirant small entrepreneurs. Yet the GOP has no program for this group other than lower taxes and hollow promises to cut the budget (which, of course, they have not done, even when holding both houses of Congress and the presidency). The party’s hodgepodge of corporate managerialism, social regressiveness, and, above all, protection of the plutocratic class is demonstrably not compelling to most Americans.

It’s hard for a Main Street business owner, or sole proprietor working from home, to relate to a plutocrat, like Romney, who pays lower effective tax rates than they do. Outrage against looming tax hikes would be justifiable, if the true motivation were not so plainly to preserve the privileges of the haute bourgeoisie. This is a politically doomed approach; while small business is widely revered by Americans, big business and banks are among the least well-regarded….”

It is becoming more and more apparent that the far right is absolutely clueless when it comes to taxes.  They lost in November.  Barack Obama won.  Elections have consequences, or so Rush Limbaugh likes to tell people.  I guess that only works when it is going his way.  The extreme right needs to remember this.  The American people have overwhelmingly rejected the abjectly insane theory that lower taxes for the ultra wealthy helps the economy.  We know that it doesn’t.  The far right knows that it doesn’t.  The only thing here is the fact that the talking heads, who are paid like a bunch of high priced prostitutes, by the ultra wealthy, don’t give a damn about what is right, wrong, or what actually works.  All they care about is keeping the money flowing – to them.

The real problem is Grover Norquist.  On his own, this obnoxious little twit is harmless.  Unfortunately, he’s the mouthpiece of the ultra wealthy.  He’s become irrational, now threatening any politician who dares cross him, and his stupid, petty little pledge.  When an allegedly rational adult starts referring to leaders as Poopie Heads and calls someone like Warren Buffet ‘silly‘, the argument is over.  The plug needs to be pulled.

Joe Scarborough is on record as saying that there is something immoral about the wealthiest paying a 15% on their taxes while small business owners are paying a 35% tax rate. He gets it!

You see, there is this lie that the far right is pushing, that taxing the very rich will hurt the little people.  These are the same corporations that outsource good paying American jobs to cheap foreign labor.  Why the heck should they get a lower tax rate.  If they out source, they should pay higher taxes.

Politicus USA

It is a problem we all have. We become comfortable in our own little world. Most of us are unwilling to consider options, try new things, and explore our horizons, in different ways. The Pink Flamingo does not try new restaurants. I’m terrible about it. The family constantly complains about me. I will try something new to listen to, watch, read, consider, do, visit, etc, but forget a new restaurant. I’ll even try new makeup and a different version of red on my hair. When pushed into a corner and realize that my political horizons need to be expanded I will do that. I am quite willing to consider new scientific theories, explore archaeological possibilities, and embrace new historical discoveries. Just don’t make me try that new “gourmet” joint down the road.

We are all like this. There are things we will and will not do. The object is for us to embrace what we will consider, and force ourselves to dip the big toe into the pond of life when it comes to things that we know are contrary to our philosophies of life.

The Pink Flamingo has spent the past year or so doing just that.  I’ve been faced with realities that are no pleasant, that are contrary to what I’ve always thought were right.  Once I quit lying to myself and opened my eyes, I started seeing things that I truly did not like.

The worst of it was the discovery of the fact that I, along with just about every other Republican, began believing all the lies told to us by the “conservative media.  Reality is a terrible thing with which to deal, but it must be faced.

It was all about The Pink Flamingo getting out of my comfort zone and realizing that I’ve been wrong about economics for quite awhile.  Reality is a very good thing, at times!

Think Progress

The conservative world now worships a form of vulture capitalism that is NOT about creating jobs or wealth. It is about making a few people rich, while screwing everyone else.

Huffington Post

Like Bruce Bartlett, the evolution towards reality has been painful.

“…At least a few conservatives now recognize that Republicans suffer for epistemic closure. They were genuinely shocked at Romney’s loss because they ignored every poll not produced by a right-wing pollster such as Rasmussen or approved by right-wing pundits such as the perpetually wrong Dick Morris. Living in the Fox News cocoon, most Republicans had no clue that they were losing or that their ideas were both stupid and politically unpopular.

I am disinclined to think that Republicans are yet ready for a serious questioning of their philosophy or strategy. They comfort themselves with the fact that they held the House (due to gerrymandering) and think that just improving their get-out-the-vote system and throwing a few bones to the Latino community will fix their problem. There appears to be no recognition that their defects are far, far deeper and will require serious introspection and rethinking of how Republicans can win going forward. The alternative is permanent loss of the White House and probably the Senate as well, which means they can only temporarily block Democratic initiatives and never advance their own.

I’ve paid a heavy price, both personal and financial, for my evolution from comfortably within the Republican Party and conservative movement to a less than comfortable position somewhere on the center-left. Honest to God, I am not a liberal or a Democrat. But these days, they are the only people who will listen to me. When Republicans and conservatives once again start asking my opinion, I will know they are on the road to recovery….”

Media Matters

Let’s face it, those of us who once considered ourselves “Reagan” conservatives as defined by Rush Limbaugh, years ago, ought to be ashamed of ourselves. We created this mess by having the gall to listen to a man who barely graduated from high school, let alone is a man of letters. Don’t get me wrong, the most educated person I ever met was a man named Elbert Adams. He may have finished the second grade. He read, voraciously, could discuss politics, economics, and quote Keats, Kipling, Shakespeare, Tennyson, and the like. He could have held his own in an intellectual discussion with C. S. Lewis. He was an educated man.

Rush Limbaugh is a hack. The Pink Flamingo is an idiot for having listened to him, for years. I say he is a hack, not because he barely made it through high school, but because he has failed to consider opinions, sources, and intellects who disagree with his version of the world. It is a problem endemic with both the far right and the far left.

Like Bartlett, The Pink Flamingo has begun to discover that Keynesian economics make a heck of a lot more sense than Rush Limbaugh’s hero worship.

“...The economy continues to conform to textbook Keynesianism. We still need more aggregate demand, and the Republican idea that tax cuts for the rich will save us becomes more ridiculous by the day. People will long remember Mitt Romney’s politically tone-deaf attack on half the nation’s population for being losers, leeches, and moochers because he accurately articulated the right-wing worldview….”

The GOP today, is now controlled by a handful of ultra wealthy “libertarians” who are manipulating pathetic little libertarians into doing their bidding.  It isn’t about “freedom”.  It is about the ultra rich getting richer.  There’s nothing wrong with that.  But, at some point, it becomes a pathology that is not good for anyone.





3 thoughts on “The Wild and Wacky World of Far Right Tax (Cheating)

  1. Don’t feel too bad — I used to be quite the regular poster on some “conservative” sites…at least I woke up one day.
    Actually, I’d say that in a true definition of the term, those folks aren’t really anymore libertarian than they are conservative…that is if they were as “pure” as they claim to be. Rather, they are damn fools and easy marks, or they are money and publicity grubbing whores. Simple as that.
    And they are about to come face to face with reality…I hope.

  2. I have to agree with Bartlett — the GOP has not woken up yet as we are witnessing each day. The GOP leadership won’t admit why they lost as they keep blaming everything they can think of for the reason for the defeat. Stevens, the Romney campaign guy, threw out that Romney got the majority of votes of people making over $50,000 a year — he still only got 47% of the vote. Does Stevens think those making less than $50,000 a year shouldn’t have a right to vote? The Romney camp and RNC along with most Republicans in Congress still don’t get it.

    Guess I am center left now with Bartlett and others. Center right has now been taken over by the hard right. Not a Democrat but if the GOP keeps going hard right, we will be very left of center in the future.

  3. I never listen to Rush Limbaugh. I think he is a complete idiot, but I really don’t think raising taxes on the wealthy is going to solve all the economic problems in the country. Of course, the government is salivating to get their hands on that money, but who can count on the government spending the money wisely? Paying down the national debt is one thing, but if they are going to continue deficit spending, it is not going to work. I have always been suspicious of the ultra rich. I always wonder if they are honest. I am also skeptical of Warren Buffet’s altruism. I wouldn’t call him a bad name, but he knows how to cover his a$$. He has now changed his position somewhat suggesting a tax treshold as high as $500,000.00. Buffet is a long term investor. He rarely sells assets, so his capital gains are smaller compared to most of the ultra rich. His idea is to raise taxes on investors who trade frequently and reward those who hold positions for many years. (He knows that if you sit on your assets long enough tax laws will eventually change) One thing you won’t hear Buffet calling for is a tax on assets nor will you hear him calling for a 1% wealth tax.(A 1% tax is not going to impoverish the rich) I take everything Buffet has to say with a grain of salt and a glass of wine. As far as Grover Norquist is concerned I have already written my senators and representatives making it clear that their loyalty to their constituents supercedes any pledge they may have made. Grover Norquist does not pay their salaries, but we do, so they are expected to get up off their assets and do their jobs.

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