Report confirms Walker budget would cut tax aid for poor, decrease overall taxes

MARY SPICUZZA | mspicuzza@madison.com | 608-252-6122 madison.com | Posted: Saturday, April 16, 2011 7:30 am

Posted on Facebook by: Defend Wisconsin
‎"Low and middle income people would lose tax credits worth about $49.4 million over two years, the new Legislative Fiscal Bureau report said. Those affected most by Walker's proposal would include low-income families who qualify for the earned income tax credit program, and low-income homeowners who receive tax rebates under the homestead tax credit."
Report confirms Walker budget would cut tax aid for poor, decrease overall taxes
Read Full Article | Wisconsin State Journal

Business and Investors Against Tax Haven Abuse

Click Here for Full Article: Business and Investors Against Tax Haven Abuse


"Responsible businesses and banks are hurt when other firms use tax havens to avoid paying their fair share of taxes. In using tax havens, companies like Best Buy and General Electric, for example, shift their responsibility for taxes to the local appliance store or community bank.

There is no justification for tax avoidance and evasion through tax havens. Offshore tax havens provide cover for banks, hedge funds and corporations to shift taxable income from the United States for the sole purpose of escaping taxation. Tax haven secrecy allows wealthy Americans to hide assets, helps companies manipulate their finances, and fosters the casino economy. McClatchy News reported, for example, how working through Cayman Island subsidiaries, Goldman Sachs “peddled billions of dollars in shaky securities tied to subprime mortgages on unsuspecting pension funds, insurance companies and other investors when it concluded that the housing bubble would burst.”

YouTube - An Extraordinarily Unfair Budget

YouTube - An Extraordinarily Unfair Budget



Uploaded by SenatorSanders on Apr 6, 2011 (296 Views)

Sen. Sanders, a member of the Senate Budget Committee, spoke on the floor of the U.S. Senate about the outrageous budget proposals from House Republicans.
Category:

News & Politics
Tags:budget * spending * government * ryan * bernie sanders * senate

Tax the Super Rich now or face a revolution Paul B. Farrell - MarketWatch

Tax the Super Rich now or face a revolution Paul B. Farrell - MarketWatch

posted on Facebook by: US Uncut
‎"Look what's happening out in the streets
Got a revolution, got to revolution
Hey I'm dancing down the streets
Got a revolution, got to revolution
Ain't it amazing all the people I meet
...Got a revolutiongot to revolution"
Volunteers ~ Jefferson Airplane

The revolution will be tweeted, liked, & shared. We the People Win. #epic
www.USuncut.org @usuncut #usuncut US Uncut

Tax the Super Rich now or face a revolution Paul B. Farrell - MarketWatch

Tax the Super Rich now or face a revolution Paul B. Farrell - MarketWatch

Posted on Twitter by: AndrewKroll Andy Kroll
RT @todayspolitics: Tax the Super Rich Now or Face a Revolution #politics http://bit.ly/e8MSl8

"SAN LUIS OBISPO, Calif. (MarketWatch) — Yes, tax the Super Rich. Tax them now. Before the other 99% rise up, trigger a new American Revolution, a meltdown and the Great Depression 2.

Revolutions build over long periods — to critical mass, a flash point. Then they ignite suddenly, unpredictably. Like Egypt, started on a young Google executive’s Facebook page. Then it goes viral, raging uncontrollably. Can’t be stopped. Here in America the set-up is our nation’s pervasive “Super-Rich Delusion.”"

“This is Economic Treason”: 500,000 March in London Protesting Public Spending Cuts and Corporate Tax Dodgers

“This is Economic Treason”: 500,000 March in London Protesting Public Spending Cuts and Corporate Tax Dodgers

"As many as 500,000 protesters marched in London on Saturday to protest Britain’s deepest cuts to public spending since World War II. The protests come after U.K. officials estimated corporate taxes would be reduced even as it tackles a $235-billion deficit and plans to cut more than 300,000 public sector jobs. Meanwhile in the United States, protesters gathered in 40 cities on Saturday to oppose tax cuts for the wealthy amid budget cuts to public services."

msnbc video: GE pays $0 in taxes

msnbc video: GE pays $0 in taxes

Posted on Facebook by: US Uncut Ohio
Lawrence O'Donnell has some huevos. He goes after GE which owns MSNBC, whom he works for. Earlier in her career at MSNBC, Rachel Maddow did the same thing, we're told. In both cases it's hard not to be impressed.