Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

ralps

(77,724 posts)
Mon Sep 24, 2012, 09:00 PM Sep 2012

Mandatory Monday Malloy Truthseekers check in!! The Tax Man & a new Bunny gif



These 3 stations say they have Mike on from 9pm to midnight eastern & It seems as though these 3 links work
http://radiotime.com/station/s_45192/KTLK_1150.aspx http://www.green960.com/main.html http://themic921.com/main.html http://www.ohiomajorityradio.com / It says it has Mike on from 9pm to midnight

http://www.mikemalloy.com /
http://www.sirius.com/siriusleft http://stream.am950ktnf.com:8000/listen.pls
http://www.am1090seattle.com /

Here's the Malloy stream link- http://server2.whiterosesociety.org:8000/truthseeker.m3u
http://www.mikemalloy.com/members/member.php

For a more low key Chatroom try- http://headonradionetwork.com/chatroom / Here's the HORN Chatroom link- http://client0.sigmachat.com/sc.php?id=137054

Mike's Blog Picks
http://www.oddlyenoughmosaics.com / http://www.fairywoodland.com / http://candorcandy.vox.com / http://www.unknownnews.org/http://www.pbsblog.com/http://www.americanfilms.com / http://www.officialwire.com / http://www.justcoffeeart.com / http://unreportednews.net / http://www.swamp-rat.com/http://www.democraticwarrior.c ... / http://www.markmarshall.com / http://www.democracyinteractive.com / http://www.redpill8.blogspot.com/http://www.blogoftheun... / http://www.switch2green.org / http://www.therealnews.com/web/index.php http://www.superbeans.com /

Please Support www.WhiteRoseSociety.org if you can! & Please support The HORN if you can- http://www.headonradionetwork.com
Introducing the HORN Forums!!!- http://headonradionetwork.com/forum /
http://www.ustream.tv/themikemalloyshow

An Important Message
A Message To Our Satellite Listeners

We want to thank all of you for your years of steadfast support of our live program on SIRIUS/XM channel 127. The Mike Malloy Show can now be heard delayed from midnight to 3 AM on the same channel. We invite you to join your fellow Truthseekers who have become part of our Malloycast community by subscribing to our premium podcasts. Now you can download the program when you want, wherever you want, and listen commercial-free at your convenience! Please visit this link for more information, and again, accept our sincere thanks for all the ways you “keep it lit” by supporting our independent broadcasting efforts.

http://www.mikemalloy.com/2012/09/the-tax-man/

The Tax Man
Written on September 24, 2012
We are, truly, a nation obsessed with documentation. We demand to see birth certificates and tax returns to provide data that translates – somehow – into a gauge of the leadership potential of our politicians. This is information that should have as much impact on our presidential criteria as whether or not they prefer coffee to tea with their breakfasts.

The media reports today reveal the minute details of Mitten’s much-anticipated 2011 tax return release as if some archaeologist turned up another lost book of Mormon in Missouri. According to the Associated Press, Mitt Romney paid over $1.9 million in taxes in 2011, and he reported $13.7 million in income — it puts him down as paying at a 14.1 percent tax rate. No more. No less. Yawn.

Can we stop talking about this yet? Those in the know already realize the hypocritical claptrap Willard spouts about the “47%” of irresponsible American moochers who don’t pay taxes, when in reality most of these folk pay a greater percentage of their meager paychecks to Uncle Sam than does Rich Willy, who also has the advantage of moving his multi-million-dollar companies to the Cayman Islands to avoid paying his fair share, or hiding it in Swiss bank accounts with similar government-coffer-cheating results.

But let’s get real. We know Willard’s not been honest, forthcoming or transparent about his financials, we know he’s hiding his riches while deriding the working class for being so dammed lazy, and we also know the Neocons have stuffed so many teabags in their ears they will never hear the truth about their Chosen One, so what is the point?

The Huffington Post reported this on Friday: Mitt Romney on Friday released a letter from his tax accountant, PricewaterhouseCoopers, promising that Romney paid an “average annual effective federal rate” of 20.2 percent over 20 years. The number is being released instead of the tax returns themselves, and is being used to rebuff Senate Majority Leader Harry Reid’s charge that Romney didn’t pay taxesover a 10-year period.

But it is a meaningless figure.

According to the letter from PwC avowing the number, it is based on Romney’s adjusted gross income. That means that, for instance, if Romney made investment profit of $20 million, but had losses of, say, $19.9 million, his adjusted gross income would only be $100,000. Paying 20.2 percent of $100,000 would cost Romney just over $20,000.

If Reid’s comment is interpreted strictly — that Romney paid literally $0 in taxes over 10 years — then the PwC letter undermines that charge. But if Romney paid only a very small amount — say, $20,000 on $20 million — it would be hard to award Reid many pinocchios for calling that nothing.

Such a low-payment scenario is considered quite plausible by tax experts, who noted that investors can pick which investments to realize each year to maximize their tax benefit. In a year such as 2008, when the global markets tanked, an investor would likely have more than enough losses to offset gains. Indeed, Romney’s 2010 tax returns show a carryover capital loss credit, meaning he had more losses than he could use the year before.

In other words, without seeing Romney’s actual return — or at least without knowing what Romney declared as his adjusted gross income — it’s impossible to know if the rate he paid bears any relation to Romney’s economic reality.

Yada yada yada. Aren’t there far more important issues going on in this country that deserve at least as much attention as the reporting of Friday document dumps?

Join Mike LIVE at 9PM ET for real news stories you won’t hear from the corporate media! 877-996-2556

Speaking of the economy – free speech just got cheaper! From now until the election you can sponsor an hour for the Malloy Show for half price! That’s a economic stimulus package you can appreciate today! Click on the SPONSORSHIP tab above and let your voice be heard!


Be Sociable, Share!

30 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Mandatory Monday Malloy Truthseekers check in!! The Tax Man & a new Bunny gif (Original Post) ralps Sep 2012 OP
Checking In... Liberal_Dog Sep 2012 #1
Hi Liberal_Dog! smokey nj Sep 2012 #3
Hi Liberal_Dog, You're 1st ralps Sep 2012 #6
Hi ralps and my fellow truthseekers! smokey nj Sep 2012 #2
Hi smokey nj Liberal_Dog Sep 2012 #4
Hey Liberal_Dog! smokey nj Sep 2012 #12
Hi smokey nj!, Crook & I are doing good, How are you all doing? Hugs! & Thanks! ralps Sep 2012 #7
Hey ralps! smokey nj Sep 2012 #13
I sure will! & please give your kitties Lots of scritches & tummy rubs from me! ralps Sep 2012 #15
Will do, ralps! smokey nj Sep 2012 #17
Here's tonight's LOL Kittehs & 2 cute Kittehs ralps Sep 2012 #5
Thanks ralps! smokey nj Sep 2012 #14
You're welcome smokey nj! ralps Sep 2012 #16
Mittens is such an ass. There. Had to get that off my chest. spiderpig Sep 2012 #8
Hi spiderpig Liberal_Dog Sep 2012 #9
Hi spiderpig!, Crook & I are doing good, How are you all doing? Hugs! & Yes he is!! But I LOLed ralps Sep 2012 #10
Mr. pig's an aircraft mechanic. spiderpig Sep 2012 #18
Crook & I say thanks spiderpig! ralps Sep 2012 #20
Hi spiderpig! smokey nj Sep 2012 #11
Hi smokey & co! spiderpig Sep 2012 #19
Good night truthseekers, have a great one tomorrow! smokey nj Sep 2012 #21
Good Night smokey nj, Have a great day tomorrow, Take Care & Keep It Lit!! ralps Sep 2012 #22
Kick ralps Sep 2012 #23
Great idea Mike! Get rid of the Blue Dog Democrats & get in progressive candidates! ralps Sep 2012 #24
Hi ralps & truthseekers. Graybeard Sep 2012 #25
Hi Graybeard!! I'm doing good! How are you? ralps Sep 2012 #26
Has anyone heard from tnlefty lately? Graybeard Sep 2012 #27
Not lately, I hope she's ok! I searched for her & we heard from her in August ralps Sep 2012 #28
Thanks ralps. Graybeard Sep 2012 #29
Good Night Everyone, Have a great day tomorrow, Take Care & Keep It Lit! ralps Sep 2012 #30

smokey nj

(43,853 posts)
13. Hey ralps!
Mon Sep 24, 2012, 09:11 PM
Sep 2012

We're all ok, thanks! Big s for you and my fuzzy buddy Crook! Please give him lots of ear scratches and tummy rubs from me and the NJ catz!

ralps

(77,724 posts)
10. Hi spiderpig!, Crook & I are doing good, How are you all doing? Hugs! & Yes he is!! But I LOLed
Mon Sep 24, 2012, 09:08 PM
Sep 2012

his plane windows comment!!

spiderpig

(10,419 posts)
18. Mr. pig's an aircraft mechanic.
Mon Sep 24, 2012, 09:21 PM
Sep 2012

I had to call him at work and say "You are NOT going to believe this one".

and to you & Crook!

smokey nj

(43,853 posts)
11. Hi spiderpig!
Mon Sep 24, 2012, 09:10 PM
Sep 2012

How are you, Mr. pig and the fuzzies doing tonight? Big s and lots of ear scratches and tummy rubs for everybody from me and the NJ catz!

ralps

(77,724 posts)
24. Great idea Mike! Get rid of the Blue Dog Democrats & get in progressive candidates!
Mon Sep 24, 2012, 10:42 PM
Sep 2012

& This link might provide some good candidates- http://blueamerica.crooksandliars.com

Latest Discussions»General Discussion»Mandatory Monday Malloy T...