Tag Archives: Tax Cuts

Tax Inequality on the Romney/Ryan Ticket

Posted on August 20, 2012 at 3:31 pm by Bob Cesca

Via Benen: Paul Ryan’s income in 2010: $215,417 Paul Ryan’s effective tax rate in 2010: 15.9% Mitt Romney’s income in 2010: $20 million Mitt Romney’s effective tax rate in 2010: 13.9% Mitt Romney paid 2% less in taxes while earning … Continue reading →

Posted in Election 2012 | Tagged , , , , , | 8 Comments

Chart of the Day

Posted on August 4, 2012 at 3:45 pm by Bob Cesca

Take a good look at this Fox News Channel chart showing what will happen to the top marginal tax rate if the Bush tax cuts expire at the end of the year. Holy shit! The top bracket will explode! Actually … Continue reading →

Posted in Fox News Channel | Tagged , , , | 4 Comments

Because Republicans Love Tax Cuts

Posted on July 22, 2012 at 9:29 am by Bob Cesca

But only for “the haves and the have-mores.” Not for the rest of us. A new Senate GOP tax plan released by McConnell and Utah Sen. Orrin Hatch (R), however, raises taxes on nearly 10 times as many Americans by … Continue reading →

Posted in Taxes | Tagged , , , | 5 Comments

Because the Republicans Love Tax Cuts

Posted on July 13, 2012 at 7:41 am by Bob Cesca

…and small businesses: Senate Republicans made good on their threat to filibuster a Democratic small-business tax cut bill today, ensuring the bill fell seven votes short of what it needed to move forward. The Senate voted 53-44 to limit debate … Continue reading →

Posted in Taxes | Tagged , , , , | 1 Comment

Reagan on Tax Loopholes for the Rich

Posted on July 12, 2012 at 7:01 am by Bob Cesca

Now that we’re going to be debating tax cuts again, I’d like to remind any and all Republican trolls of this from Saint Reagan: That sound you hear is the sound of steam shooting out of the ears of thousands … Continue reading →

Posted in Taxes | Tagged , , , | 1 Comment

This Should Be Totally Annoying to Watch

Posted on July 9, 2012 at 9:15 am by Bob Cesca

The president is evidently committed to allowing the Bush tax cuts for the super-rich to expire. Though I have no idea how he’ll preserve the tax cuts for middle and lower tax brackets. I don’t see how the Republicans will … Continue reading →

Posted in Taxes | Tagged , , , , | 5 Comments

A Bit of Schooling for Red Scare Bots

Posted on June 25, 2012 at 11:37 am by Bob Cesca

Once again, new numbers indicate that corporate profits are at an all-time high, and employee wages just hit an all-time low (as a percentage of GDP). Way too many ignorant Republicans believe the president is a communist, harkening back to … Continue reading →

Posted in Wingnuts | Tagged , , , , , , , | 6 Comments

Noun, Verb, Lie

Posted on June 18, 2012 at 7:11 am by Bob Cesca

Here’s more of Romney lying about his tax reform plan ob CBS’s Face the Nation: “One of the absolute requirements of any tax reform that I have in mind is that people who are the high end, whether you call … Continue reading →

Posted in Election 2012 | Tagged , , , | 11 Comments

If Romney Wins, He'll Pay Himself $5 Million

Posted on June 5, 2012 at 9:05 am by Bob Cesca

One of the perks of being a Republican president: Under his plan, Romney’s tax rate would fall from its current 14.7 percent to 13.1 percent, while under Obama’s tax plan, Romney would pay a 34.3 percent rate. The difference in … Continue reading →

Posted in Election 2012 | Tagged , , , , | 3 Comments

Just a Reminder About Stimulating the Economy

Posted on May 29, 2012 at 7:37 am by Bob Cesca

I wrote this a while back, but given the Romney platform of all tax cuts and no spending increases, here’s what Moody’s Analytics has to say about which option is a better return on investment. FACT: Every dollar spent on … Continue reading →

Posted in Economy | Tagged , , | 2 Comments