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POPSPromoting Private Ed by Stealth How can one measure the effectiveness of charter schools vs. public when the charters have 50% more resources per capita in NYC? How can the mayor say public school budgets must be cut & then pass on extra tax dollars to charters?
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POPSEvery Alaskan gets $3200 from oil money - for nothing! $22,400 for a family of 7, like Palin's. When oil companies pay taxes to Alaska, they deduct it from their federal taxes, and we of the other 49 make up the difference. 85% of budget from oil companies; residents pay no income or sales taxes, and state is rolling in dough, while most states are laying off teachers. How ironic, when an Alaska Republican opposes a windfall profits tax, and favor reduced government services - when they live, in part, off of government handouts from revenue the oil industry pays them to get oil to us!
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POPSOnly Rhetorical Extravagance by George Will Obama thinks government is not getting a "reasonable share" of oil companies' profits, which in 2007 were, as a percentage of revenues (8.3 percent), below those of U.S. manufacturing generally (8.9 percent). Exxon Mobil pays almost as much in corporate taxes to various governments as the bottom 50 percent of American earners pay in income taxes. Exxon Mobil does make $1,400 a second in profits -- hear the sharp intakes of breath from liberals with pursed lips -- but pays $4,000 a second in taxes and $15,000 a second in operating costs. Obama's rhetorical extravagances are inversely proportional to his details, as when he promises "nothing less than a complete transformation of our economy" in order to "end the age of oil." The diminished enthusiasm of some voters hitherto receptive to his appeals might have something to do with the seepage of reality from his rhetoric.
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POPSGrowth versus tax rates From Angry Bear by Ken Houghton the link is http://angrybear.blogspot.com/2008/08/new-graphic-data-on-taxes-growth-and.html
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POPSNot your father's democrats Thus the task before Obama and Biden this week is threefold. They must feign toughness on foreign policy and moderation on values. At the same time they must present their enthusiasm for bureaucracy as sympathy for the economic challenges of the middle class. They must persuade the country that they are not what they are: the most left-wing ticket their party has run in 36 years. You can’t fool all of the people all of the time; 51 percent may be more feasible.
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POPSHey! Let's Give 1.7 Trillion $$$ to Corporations! "I think there's a very good chance he will change his position, yet again. He's changed his position on taxes many times, and I think he probably will change it again - because his target audience now is no longer conservative activists, its actually middle of the road voters. And most voters do not find 1.7 trillion dollar for corporations a great agenda. So we expect that he will change it up a little bit."
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POPSMcCain Lies About Obama's P:osition on Taxes Obama wants to give most low and middle income families and wage earners a tax cut up to $1,000. I wonder why McCain's ad failed to mention it? It's a lie by omission. Clearly, John McCain is a man with few scruples.
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POPSmccain vs obama on taxes there is more detail here, but look, this is a nice simple graphic that shows for 10 different tax brackets the amount of increase/decrease in taxes under both men's plans.
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POPSWhat's Going Up? Unemployment! It's a staple of supply side economic propaganda that the lagging indicators of slashing taxes (mostly for the rich) are wage increases and job growth. Well, the Bush-GOP tax cuts didn't result in wage increases in real terms for at least 2/3 of the nation and now unemployment is on the rise. Why is it with all that excess capital allegedly churning in the economy that we find ourselves in the throes of a recession? Could it be that the rich are not as inclined to consume and invest nearly as much the supply-side propaganda purports? Could the obvious truth that most consumers are MOST people give us clue that the best way to "float all the boats" is from the bottom up and not the top down?
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POPS"Obamanomics" A "Recipe For Recession" Thus, while Mr. Obama also proposes an alternative minimum tax (AMT) patch, he could instead wind up with the permanent abolition plan for the AMT proposed by the Ways and Means Committee Chairman Charlie Rangel (D., N.Y.) -- a 4.6% additional hike in the marginal rate with no deductibility of state income taxes. Marginal tax rates would then approach 70%, levels not seen since the 1970s and among the highest in the world. The after-tax return to work -- the take-home wage for more time or effort -- would be cut by more than 40%. That would, obviously, devastate the economy. Worse, it is unfair. It is simply immoral for the state to confiscate 70% of anyone's income. It would be deeply ironic if, at a time when the rest of the world is moving toward greater freedom in the form of lower tax rates, the United States were to regress to the stultifying statism of the 1970s. Yet that is exactly what Barack Obama promises.
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POPS'Intellectuals' Pining For Higher Tax Rates Why are the treasuries of Hong Kong and Singapore flush with revenue? Why have the U.S. and Britain shown tremendous growth since Reagan and Thatcher while Continental Europe with their pseudo-socialism putters along with chronic double-digit unemployment? Go around the world these last 25 years and compare nations with high tax rates to countries with low tax rates, you'll find a pattern. Growth produces wealth, which leads to higher tax revenues and a more prosperous nation. Less growth produces less wealth and in turn lowers tax revenues. High tax rates retard economic growth; low tax rates encourage more growth. It really isn't that complicated. Seriously. The Washington Post's Sebastian Mallaby The Return Of Voodoo Economics http://www.washingtonpost.com/wp-dyn/content/article/2006/05/14/AR2006051400806.html Bush Should End This Tax Cut Myth http://www.washingtonpost.com/wp-dyn/content/article/2006/05/07/AR2006050700924.html
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POPSRoll Back The Tax Cuts: An Exercise In Shady Financing Here's their spin: "Well yes, it's true that the Bush cuts are already scheduled to roll back. And it's also true that even in Washington you can't repeal the same cut twice to raise money. But we should assume that Congress will act to restore the cuts once they expire. Then, we can repeal the restored cuts, and that will generate billions in "new" revenue. I don't make up this stuff. They want us to assume that Speaker Pelosi & Co. will pass big tax breaks for wealthy Americans. And we are also to believe that - maybe even on the same day - they'll "roll back the tax cut." Somehow, magically, this now-you-see-it, now-you-don't tax cut will raise billions from the rich. This way, politicians can pay for all their proposed new spending without adding any red ink. Understand?
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POPSWall Street Likes The Bailout Plus Drill, Drill, Drill
But my thought is that a Senate victory might just blow Pelosi out of the water and open the floodgates to Democratic defections in the House. If a drilling bill ever passes Congress, oil prices will keep on plunging — perhaps all the way to $75 a barrel, which is the profitable break-even point for lifting the extra barrel of oil. That would drive the Dow to somewhere between 15,000 and 16,000, and it would have a huge tax-cut effect on the economy. And, of course, it could completely change the November election outlook in a highly favorable way for the GOP. The conventional wisdom says Republicans are gonna get clobbered again this fall. But drill, drill, drill would overturn that wisdom. More drilling today would have the potency of the Reagan tax cuts 28 years ago in the 1980 landslide race. But the GOP has got to make the case. And deregulating oil, which is great policy, would offset much of the bad policy pain coming out of the Fannie-Freddie housing bailout.
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POPSLawmakers Could Consider Gas Tax Hike Just three years ago, that trust fund enjoyed a surplus of $10 billion. Even without a tax freeze, the fund is projected to finish 2009 with a deficit of $3 billion. That that could grow as Americans drive less and buy less gas because of higher pump prices. The consequence is that only about $27 billion in federal money will be available next year to states and local governments for new infrastructure investment even though the current highway act calls for spending $41 billion a year. For many, the solution is to raise rather than suspend or cut federal fuel taxes, which haven't changed since 1993. The Transportation Construction Coalition, a group of industry companies and unions, said that if Congress does not do something about the shortfall, states will lose about one-third of their road and bridge money in the budget year starting Oct. 1. That would put 485,000 more jobs at risk.
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POPSObama born to Muslim Martians and Wants To Tax Water. Beware, the lies and smears are flying right to your in-box. The swiftboaters are having a ball, making all the naive believe what THEY want them to believe If you don't belong to the "R" base, (Those guys will go to their graves with the mantra "BUSH WAS THE BEST PRESIDENT EVER" and will not believe anything to the contrary.) don't let them coax you into joining up, by Thinking!. :cool:
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POPSGrasscycling Recycle grass clippings by leaving them on the lawn.... This is a "how to"...
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POPSMcCain Tax Plan favors Wealthy, Offers Little For Middle Class Right wing tax cut zealot/activist Grover Norquist agrees that McCain's tax policies are farther right than even Bush's. "The McCain tax policy is to continue the Bush tax cuts and add three more, so I prefer McCain," he told Salon. "McCain's is bigger, better." When Grover Norquist is excited about a tax policy, it means that people who aren't rich would be screwed. It's practically a law of physics.
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POPSBush Tax Cut Mythology...! If you need to read more follow the link .. You see the wealth, projected wealth of the housing boom was used to inflate economic growth..
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