Since: Aug 12

Acworth, GA

#17157 Jan 2, 2013
– Facebook. The social networking giant’s founder, Mark Zuckerberg, told Obama in 2011 at a town hall forum that he was “cool” with paying higher taxes. But neither Zuckerberg nor his many Facebook execs are actually down with following through. Co-founder Eduardo Saverin renounced his American citizenship in a blindingly obvious bid to evade nearly $70 million in taxes. In addition, Zuckerberg and a half-dozen Facebook insiders are all skirting hefty estate and gift taxes on their family Facebook shares held in annuity trusts. According to Bloomberg News, the legal maneuver is called a “grantor-retained annuity trust, or GRAT,” and the total Facebook tax avoidance sum adds up to at least $200 million. A “cool”$200 million, that is.
.
– George Lucas. The billionaire Star Wars director called Obama a “hero” and parroted his candidate’s capitalism-bashing rhetoric in a January 2012 interview with PBS dinosaur Charlie Rose.“I do not believe that the rich should be able to buy the government,” Lucas lectured. He does, however, believe in shirking higher taxes the one-percenter way. In October, Lucas sold his film company to Disney for a whopping $4 billion in cash and stock to evade anticipated capital gains tax increases and Obamacare Medicare surtaxes on investment income.
.
– Andre “Dr. Dre” Young. Forbes magazine named this California gangsta rapper-turned-music industry mogul the highest-paid musician in the world in 2012. He raked in an estimated $100 million, mostly from sales of his Beats headphone company, along with concert revenue. Dre’s music electronics company was co-founded with Jimmy Iovine, who also founded Dre’s parent record label, Interscope Records. Interscope was funded by “progressive” billionaire Ted Field, heir to the Marshall Field retail empire and one of the nation’s biggest Democratic Party donors.
.
Dre boosted the careers of prominent Obama hip-hop cheerleaders Eminem and 50 Cent. But overseas, he’s rolling like a Romney supporter. The rap mogul is now using a County Cork, Ireland, tax haven to protect his global headphones empire subsidiaries and avoid high U.S. corporate tax rates. The Irish Examiner newspaper explained that the elaborate structuring “allows for money to be (channeled) between the separate companies in the form of royalty payments or (license) fees to artificially but legitimately reduce profits as a means of reducing tax liabilities.”
.
To paraphrase Dre and his Obama-endorsing rap partner Snoop Dogg: Ain’t nuthin’ but an E thang. ELITISM - EXEMPTIONS - EVASION......
http://www.humanevents.com/2013/01/02/malkin-...

Since: Aug 11

Location hidden

#17158 Jan 2, 2013
Al Jazeera Buys Al Gore’s Current TV

http://www.bloomberg.com/news/2013-01-03/al-j...
Gallia County Treasurer

Ravenswood, WV

#17159 Jan 2, 2013
Gallia county Ohio has the best treasurer he is so sly
Pops

Cincinnati, OH

#17160 Jan 2, 2013
UdintBuildThat wrote:
– Facebook. The social networking giant’s founder, Mark Zuckerberg, told Obama in 2011 at a town hall forum that he was “cool” with paying higher taxes. But neither Zuckerberg nor his many Facebook execs are actually down with following through. Co-founder Eduardo Saverin renounced his American citizenship in a blindingly obvious bid to evade nearly $70 million in taxes. In addition, Zuckerberg and a half-dozen Facebook insiders are all skirting hefty estate and gift taxes on their family Facebook shares held in annuity trusts. According to Bloomberg News, the legal maneuver is called a “grantor-retained annuity trust, or GRAT,” and the total Facebook tax avoidance sum adds up to at least $200 million. A “cool”$200 million, that is.
.
– George Lucas. The billionaire Star Wars director called Obama a “hero” and parroted his candidate’s capitalism-bashing rhetoric in a January 2012 interview with PBS dinosaur Charlie Rose.“I do not believe that the rich should be able to buy the government,” Lucas lectured. He does, however, believe in shirking higher taxes the one-percenter way. In October, Lucas sold his film company to Disney for a whopping $4 billion in cash and stock to evade anticipated capital gains tax increases and Obamacare Medicare surtaxes on investment income.
.
– Andre “Dr. Dre” Young. Forbes magazine named this California gangsta rapper-turned-music industry mogul the highest-paid musician in the world in 2012. He raked in an estimated $100 million, mostly from sales of his Beats headphone company, along with concert revenue. Dre’s music electronics company was co-founded with Jimmy Iovine, who also founded Dre’s parent record label, Interscope Records. Interscope was funded by “progressive” billionaire Ted Field, heir to the Marshall Field retail empire and one of the nation’s biggest Democratic Party donors.
.
Dre boosted the careers of prominent Obama hip-hop cheerleaders Eminem and 50 Cent. But overseas, he’s rolling like a Romney supporter. The rap mogul is now using a County Cork, Ireland, tax haven to protect his global headphones empire subsidiaries and avoid high U.S. corporate tax rates. The Irish Examiner newspaper explained that the elaborate structuring “allows for money to be (channeled) between the separate companies in the form of royalty payments or (license) fees to artificially but legitimately reduce profits as a means of reducing tax liabilities.”
.
To paraphrase Dre and his Obama-endorsing rap partner Snoop Dogg: Ain’t nuthin’ but an E thang. ELITISM - EXEMPTIONS - EVASION......
http://www.humanevents.com/2013/01/02/malkin-...
You're right. This is exactly why taxing the rich will NOT improve revenue. The very wealthy have many many ways to protect their wealth. History & currently France where the rich are running away are living examples.
Then there's the false belief raising taxes on large corps is a 'tax break' for the working stiff, when ANY expense that a company has is passed on to their end consumer or they would be out of business.
GE jet engine cost go up, air fares go up. Tax oil companies more, plastics, fuel & ALL shipping cost go up, duh!A lot of voters & Obama seem to choose to ignore those facts.
Tax revenue is needed of course but it needs to be tempered with logic. Spending cuts/control & improved employment are the only good ways to create revenue for government programs.
xxxrayted

Cleveland, OH

#17161 Jan 2, 2013
Pops wrote:
<quoted text>You're right. This is exactly why taxing the rich will NOT improve revenue. The very wealthy have many many ways to protect their wealth. History & currently France where the rich are running away are living examples.
Then there's the false belief raising taxes on large corps is a 'tax break' for the working stiff, when ANY expense that a company has is passed on to their end consumer or they would be out of business.
GE jet engine cost go up, air fares go up. Tax oil companies more, plastics, fuel & ALL shipping cost go up, duh!A lot of voters & Obama seem to choose to ignore those facts.
Tax revenue is needed of course but it needs to be tempered with logic. Spending cuts/control & improved employment are the only good ways to create revenue for government programs.
You can never explain that to a Democrat. They hold the palms of their hands to their ears and sing aloud.

Liberals don't believe in trickle-down. I don't mean trickle-down economics, I mean trickle down taxation. The big guy never pays. He passes the buck to all us little guys, but it's the little guys who support more taxation on the big guys. Economic ignorance. When the big guy can no longer pass the buck, he moves taking his corporation with him and everybody loses.

http://www.marketwatch.com/story/business-cli...

Since: Aug 11

Location hidden

#17162 Jan 2, 2013
xxxrayted wrote:
<quoted text>
You can never explain that to a Democrat. They hold the palms of their hands to their ears and sing aloud.
Liberals don't believe in trickle-down. I don't mean trickle-down economics, I mean trickle down taxation. The big guy never pays. He passes the buck to all us little guys, but it's the little guys who support more taxation on the big guys. Economic ignorance. When the big guy can no longer pass the buck, he moves taking his corporation with him and everybody loses.
http://www.marketwatch.com/story/business-cli...
Bruce Bartlett on Where the Right Went Wrong

February 10, 2012


In this Moyers & Company segment, Bill Moyers talks with conservative economist Bruce Bartlett, who wrote “the bible” for the Reagan Revolution, worked on domestic policy for the Reagan White House, and served as a top treasury official under the first President Bush. Now he’s a heretic in the conservative circles where he once was a star.

Bartlett argues that right-wing tax policies — pushed in part by Grover Norquist and Tea Party activists — are destroying the country’s economic foundation. When he called George W. Bush out as “a pretend conservative” in his book Impostor: Why George W. Bush Bankrupted America and Betrayed the Reagan Legacy, Bartlett was fired from his position as a senior fellow at a conservative think tank. His new book is The Benefit and the Burden: Tax Reform — Why We Need It and What It Will Take.

http://billmoyers.com/segment/bruce-bartlett-...

Since: Aug 11

Location hidden

#17163 Jan 2, 2013
The New American Economy

The Failure of Reaganomics and a New Way Forward

Bruce Bartlett

As a domestic policy advisor to Ronald Reagan, Bruce Bartlett was one of the originators of Reaganomics, the supply-side economic theory that conservatives have clung to for decades. InThe New American Economy, Bartlett goes back to the economic roots that made Impostor a bestseller and abandons the conservative dogma in favor of a policy strongly based on what’s worked in the past. Marshalling compelling history and economics, he explains how economic theories that may be perfectly valid at one moment in time under one set of circumstances tend to lose validity over time because they are misapplied under different circumstances. Bartlett makes a compelling, historically-based case for large tax increases, once anathema to him and his economic allies. In The New American Economy, Bartlett seeks to clarify a compelling and way forward for the American economy.

http://us.macmillan.com/thenewamericaneconomy...

Supply-side economics

Today, supply-side economics is likened by agreeable critics to "trickle-down economics". Supply-side economics is often used and referred to as overall term for "trickle-down economics" as it is not targeting specific tax cuts but is instead targeting general tax cuts and encouraging deregulation.

http://en.wikipedia.org/wiki/Supply-side_econ...
Che Reagan Christ

Lodi, OH

#17164 Jan 2, 2013
Che Reagan Christ wrote:
<quoted text>
Ok,Pops. I guess I am a glutton for punishment. But here goes. You posted that the tax on tanning beds was racist. I provided you with information that I hoped would educate you that tanning bed use has nothing to do with race. You then lecture me about not staying on point.
Please explain how that was off point or illogical.
Can't explain that, can you Pops?
Pops

Cincinnati, OH

#17165 Jan 2, 2013
EXCELLENT link. Explains a lot very simply. So why do WE NOT hear more about this from more voices, louder voices?
Pops

Cincinnati, OH

#17166 Jan 2, 2013
Che Reagan Christ wrote:
<quoted text>
Can't explain that, can you Pops?
Not that you would ever understand or accept which is one of the points that I posted.
WHY do I say that? Because I have already posted the answer to your question a number of times but it clearly still escapes you. Others have said so too in the last many pages. The diff between them & I is that the others often insult & berate & I try not to do that...although sometimes I reach my limit too. lol

Since: Aug 11

Location hidden

#17167 Jan 2, 2013
Bruce Bartlett on Where the Right Went Wrong

Bill Moyers talks with conservative economist Bruce Bartlett, who wrote "the bible" for the Reagan Revolution, worked on domestic policy for the Reagan White House, and served as a top treasury official under the first President Bush. Now he's a heretic in the conservative circles where he once was a star. Bartlett argues that right-wing tax policies -- pushed in part by Grover Norquist and Tea Party activists -- are destroying the country's economic foundation.

http://vimeo.com/36529531
Che Reagan Christ

Lodi, OH

#17168 Jan 2, 2013
Pops wrote:
<quoted text>Not that you would ever understand or accept which is one of the points that I posted.
WHY do I say that? Because I have already posted the answer to your question a number of times but it clearly still escapes you. Others have said so too in the last many pages. The diff between them & I is that the others often insult & berate & I try not to do that...although sometimes I reach my limit too. lol
What?
Che Reagan Christ

Lodi, OH

#17169 Jan 2, 2013
Pops wrote:
EXCELLENT link. Explains a lot very simply. So why do WE NOT hear more about this from more voices, louder voices?
Which link?
swxxxt

Rochester, PA

#17170 Jan 2, 2013
Pops

Cincinnati, OH

#17171 Jan 2, 2013
Che Reagan Christ wrote:
<quoted text>
Which link?
The link 2 post previous but another post came thru before I clicked 'post comment'. It was about taxes & how the end consumer pays ALL expenses. Thanx for asking
YouDirtyLittleWo rmFuck

Jackson, OH

#17172 Jan 2, 2013
Potatos
Highest tax payer

Delaware, OH

#17173 Jan 3, 2013
Myself
outoftown

United States

#17174 Jan 3, 2013
I voted for Ted Strickkland.

Since: Aug 12

Acworth, GA

#17177 Jan 3, 2013
The epitome of what Right to Work States have done to Midwestern Rustbelters....

http://conservativevideos.com/2013/01/incredi...

“fear thy goverment”

Since: May 10

Location hidden

#17178 Jan 3, 2013
lets cross that bridge when we get there teehee

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