Still Not Going Away


10:21 am • Tuesday • July 17, 2012

And this is why you don’t hide your tax returns.

11:43 am • Tuesday • July 17, 2012

In an earlier thread, I wondered when the GOP would respond to the “Singing Mittens” ad by putting out an attack ad with Obama singing “Let’s Stay Together.” Also noting that the ad would be an epic FAIL.

Yay! I’m psychic!

1:12 pm • Tuesday • July 17, 2012

If Mittens can deduct the $77,000 cost to send Annie’s horse to the prom, I’m going to deduct the money I spend renting those thoroughbreds at Churchill Downs. You know, it adds up. $2.00 for 2 minutes rental times a few hundred times a month/year.
And carried interest! What the hell is that? The last time I carried interest I got a late fee and a jump in interest cost. Maybe I should join up with the GOP. I understand they are the party for people who want to be rich.

2:18 pm • Tuesday • July 17, 2012

“I wish this president would learn how to be an American,” Sununu told reporters.


7:34 pm • Tuesday • July 17, 2012

We don’t know for certain that Rmoney has renounced his US citizenship to avoid taxe$, but then again he hasn’t denied it.

10:28 pm • Tuesday • July 17, 2012

Here is what the accounting firm concluded would happen:

· Output in the long-run would fall by 1.3 percent, or $200 billion, in today’s economy.

· Employment in the long-run would fall by 0.5 percent, or roughly 710,000 fewer jobs, in today’s 

· Capital stock and investment in the long-run would fall by 1.4 percent and 2.4 percent, respectively.

· Real after-tax wages would fall by 1.8 percent, reflecting a decline in workers’ living standards 
relative to what would have occurred otherwise.

Ernst and Young prepared the report on behalf of several pro-business groups, including the Independent Community Bankers of America, the National Federation of Independent Business, the S Corporation Association and the United States Chamber of Commerce. (One of the co-authors, Robert Carroll, served as deputy assistant secretary for tax analysis in George W. Bush’s Treasury Department.)

The horrible tax rates that would raise taxes on the rich to the levels of Bill Clinton.

Who was touted by “friend” of the poor, Forbes as the best preznit for economic growth.

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