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Member since: Fri Apr 4, 2014, 03:21 PM
Number of posts: 16,104

Journal Archives


The myth of the 35% corporate tax rate.

First, they lie over and over again. We know that.

The Republicans want to lower it to 20%?

The United States has one of the highest corporate income tax rates at 35 percent, but few companies pay that much. After taking advantage of a variety of special deductions, U.S. corporations paid an effective marginal tax rate of just 18.6 percent in 2012, a rate that went unchanged despite ups and downs in the economy over the previous decade, according to a Congressional Budget Office report.

From: https://www.washingtonpost.com/graphics/2017/business/tax-bill-q-and-a/?utm_term=.90847b50d99b

What most defies logic is the idea that we can lower our rates - but no other countries can?

This tax cut is nothing more than a giveaway to the rich and wealthy donor class - the Republicans are merely funding their own campaign donations - as their donors clearly stated!

THIS is political corruption in its most obvious form!

Noted pathological liar repeats same lie over and over:


Biggest Tax Bill and Tax Cuts in history just passed in the Senate. Now these great Republicans will be going for final passage. Thank you to House and Senate Republicans for your hard work and commitment!

Except it's the tiniest by comparable standards. Overcompensating as usual.

Were you looking forward to seeing "The Shape of Water" this weekend?

Only if you live in New York! Weird release.

Today, December 1, The Shape of Water arrives ONLY in New York, expanding from there in the following weeks. The film heads to more theaters on Friday, December 8 and then again to even more on Friday, December 15, before getting its traditional nationwide release on Friday, December 22.

The worldwide roll-out begins in Mexico on January 12.


A perfect football day? Clemson, Auburn, Oklahoma and Wisconsin all lose!

Roll Tide!!!

These key provisions of the Senate tax bill may be a tough sell in the House

House Republicans may balk at bill changes

Source: USA Today, by Herb Jackson and Eliza Collins

Corporate rate delay

One of the most significant sections of the bill is the massive tax cut for corporations. Both bills would take the top corporate tax rate from 35% to 20%. However, the Senate cut would happen in 2019, while the House bill would have the 20% rate kick in next year.

Elimination of the estate tax

Currently estates up to $5.5 million are exempt from taxes, but both the House and Senate bills would raise that number to $10 million, at least to start. However, the House bill would increase the exemption above $10 million each year after next year, and eventually eliminate the estate tax after six years.

The Senate bill would leave the tax in place for estates over $10 million.

Repeal of the individual mandate

The Senate includes a repeal of the Obamacare provision that calls for an IRS fine on people who do not purchase insurance. The House bill did not, but not necessarily because of pushback from members. Trump started pressing for it to be included in a tax bill after the House had already crafted its bill.

The Congressional Budget Office estimated that within 10 years, 13 million fewer people would have insurance and those who buy it from government-managed exchanges would see rates increase by 10% a year because the pool of patients would be sicker as healthier people opted not to buy coverage.

Collins and Murkowski were calmed by promises from Senate leadership and the president that Congress will advance a pair of separate bills intended to keep premiums down.


Like the insurance promises that Collins and Murkowski got, Sen. Jeff Flake of Arizona voted for the tax bill in part because he was promised he would be part of a Republican effort to prevent deportation of undocumented immigrants who were brought to the United States as children.

Flake did not say he was promised a bill to protect so-called "DREAMers" would be passed before the tax bill. But it is not clear the House would make passage of such a bill a priority at all.

Sunset on individual rates

Where the House bill made most of its changes to brackets, credits, deductions and rates for individuals and families permanent, the Senate bill imposes them only for five years, after which the current tax code would kick back in.

Read it all at: https://www.usatoday.com/story/news/politics/2017/12/01/senate-tax-bill-provisions-house/914598001/

This is not over! We have time to be heard!

A Dotard's version of Christmas?


"The Christmas Story begins 2,000 years ago with a mother, a father, their baby son and the most extraordinary gift of all—the gift of God’s love for all of humanity.

"Whatever our beliefs, we know that the birth of Jesus Christ and the story of his life..."

A mother. A father. Their baby son.

Christians EVERYWHERE are scratching their heads...

Exclusive: Accuser to Roy Moore, 'Where does your immorality end?'

Source: AL.com, by Paul Gattis

In an impassioned letter released exclusively today to AL.com, Leigh Corfman, who accused Roy Moore of undressing her when she was 14 and he was 32, demanded the Republican Senate candidate stop calling her a liar, and attacking her character and end his "smears and false denials."

AL.com received a copy of the letter in person from Corfman. She declined to comment beyond what was contained in the letter.


Read it all and the letter at: http://www.al.com/news/index.ssf/2017/11/roy_moore_leigh_corfman_accuse.html

Lower Turnout, Higher Write-Ins Predicted For U.S. Senate Special Election

Monday was the last day for Alabamians to register to vote in the December 12th special election

Source: Alabama News Network, by Kimberly Hyde

Secretary of State John Merrill says he is lowering his initial prediction for voter turnout on December 12th.

“With all of the things that have been introduced and the wavering support for candidates and the national media attention that has really discouraged a lot of people from being interested, I’ve dropped that projection to around 18 to 20 percent,” said Merrill.

Merrill’s initial expectation was as high as 25 percent of the state’s more than 3.3 million registered voters.

Merrill, however, does expect a possible surge in write-in votes.

“We’ve had a lot of inquiries about write-in candidates and how does someone write a person’s name in, are there any specific qualifications for a write-in candidate to be considered.”

“One of the things that we’ve done to make sure that people know that their vote will count if they choose to write-in a name, is an instruction sheet that will be available at each polling site.”

Merrill says there has been no sign of an organized campaign to write in a new candidate’s name.

There is still time to apply for an absentee ballot for the special election. Those ballots will be available until December 7th and must be returned by December 11th. Polls will be open from 7 a.m. to 7 p.m. on December 12th for the special election.

Read it all at: http://www.alabamanews.net/2017/11/27/lower-turnout-higher-write-ins-predicted-u-s-senate-special-election/

Dear senators: Don't bankrupt our country

Source: CNN, by Jeffrey Sachs

Dear Sens. Susan Collins, Bob Corker, Jeff Flake, Ron Johnson, John McCain and Lisa Murkowski:

I fear for the future of our country. I know that you do as well. You are patriots first and partisans a distant second.

We are at a defining moment in our history: The tax cuts just passed by the House and the last-minute changes to health care proposed by the Senate leadership could put our country into a tailspin.

Congress members and pundits tell us that Republicans need to pass tax cuts to appease their party's mega-donors. Senators, patriots need to protect the future for our children and grandchildren.

Real tax reform certainly would not repeal the estate tax paid by the mega-rich, a clear and ruthless wealth grab by the President and his Cabinet of billionaires.

Americans want a government of the people, by the people, and for the people, as expressed by the great Republican President, Abraham Lincoln. They do not want a government of the ultra-rich, by the ultra-rich, and for the ultra-rich. Americans want to be able to compete in world markets without the government suffocated by debt. Please protect our nation from fiscal disaster at the hands of a few greedy donors to the Republican Party.

With respect,

Jeffrey D. Sachs, university professor, Columbia University

Read it all at: http://www.cnn.com/2017/11/20/opinions/dear-senators-dont-bankrupt-our-country-sachs/index.html

"Laughing all the way to the bank."

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