Politics

How the wealthy benefit from tax shelters in ways we can’t

Mitt Romney continues to be the poster child for “socialism for the rich.” His campaign may help to destroy tax breaks that benefit only the wealthy. This article discusses how Romney took advantage of a controversial tax shelter that both Democrats and Republicans have said should be illegal. Romney’s Returns Revive Scrutiny of Offshore Tax Shelters – NYTimes.com »

Mitt Romney IS the 1%

Mitt Romney is the perfect example of what the Occupy movement has been talking about. He’s in the top 1% of the top 1% (actually, the top 0.006%). According to one article, “Just 8,274 federal tax returns out of more than 140 million filed in 2009 had income that totaled $10 million or more” Executive bling: Where does Romney stack up with previous presidents? – DailyHeral... »

Most progressive tax cut ever!

President Obama proposed a 2% cut in the Social Security payroll tax, which Congress passed last year but Republicans resist extending through 2012. Too little attention has been given to how progressive this tax cut is. That’s because the payroll tax is the most regressive tax in America. Employees pay 6.2% of their income up to $110,100, and nothing above that. For an employee who makes $1... »

South Carolina memories

what is this? Watching the South Carolina Republican primary results tonight brought back warm memories of the 2008 South Carolina Democratic primary. I was a voter protection lawyer for the Obama campaign assigned to a majority-black rural area southeast of Columbia. The voters were proud of their role in helping to elect America’s first black President. After the polls closed, we returned ... »

Andrew Sullivan gets it

Andrew Sullivan is one of the most articulate, perceptive observers of politics. He was right in 2008 and he’s right now.Andrew Sullivan: How Obama’s Long Game Will Outsmart His Critics – The Daily Beast »

The Onion does it again

The Onion has some of the best political satire of our time. “You can help 40 million Americans receive health care, sign legislation that regulates a financial system run amok, give the order to kill Osama bin Laden, help topple Muammar Qaddafi’s tyrannical regime without losing the life of one American soldier, end the war in Iraq, repeal Don’t Ask, Don’t Tell, stave off ... »

Why I detest Mitt Romney

Mitt Romney is the most unethical, irresponsible politician in America. I respect Rick Santorum, Newt Gingrich, Ron Paul, or any other conservative who says what he believes. But Mitt Romney will say absolutely anything if he thinks it will help him. As Governor of Massachusetts, Romney supported choice, health care reform, and fair, progressive taxation. Now he purports to believe the opposite. B... »

Iowa caucus memories

It’s been 4 years since the 2008 Iowa caucus. Following is a post I made one year after the caucus. What lessons did we learn from Iowa? First, we had the best organization, primarily volunteers. Second, people like a positive campaign. We didn’t attack Sen. Clinton or Sen. Edwards; instead, we told people why we thought Sen. Obama would be the best President. Third, don’t let co... »

NPR tried to find small business owners

NPR tried to find small business owners who would be adversely affected by higher taxes. They couldn’t find any! http://ow.ly/7ZZ6B »

Obama’s 2002 Iraq speech

As the US completes its withdrawal from Iraq, re-watch Barack Obama’s 2002 speech opposing the Iraq war. http://ow.ly/7ZYQV »

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