How military contractors run our Defense Dept. and wastes money

Defense spending is very high. In fact, the government wastes a lot of money because defense contractors give millions of dollars to congressmen and senators, in order to ensure billions of dollars in defense contracts. Sometimes contracts in the tens of billions. You won't...

Obama’s Predictable Budget: More Spending, Taxes

President Obama tells us in the Overview to his Fiscal Year 2014 Budget just released last week that his budget proposes, “more than $2 in spending cuts for every $1 of new revenue from closing tax loopholes and reducing tax benefits for the wealthiest.” But...

GOP Censors Gov. Report That Debunks 'Tax Cuts Create Jobs' Myth

"The nonpartisan Congressional Research Service (CRS) issued a report back in September that showed that tax breaks for wealthy Americans did not help economy or create job growth. The report debunked a long-held Republican talking point that cutting taxes for the wealthy...

The Best Yielding Stocks From The Dow Jones And NASDAQ

http://newsdoors.blogspot.com/2013/01/the-best-yielding-stocks-from-dow-jones.html Best Yielding Stocks from Dow Jones and NASDAQ originally published at Dividend Yields – Stock, Capital, Investment. I am not a very focused or specialized investor. All I try to do is to...

Obama Lesson on Debt Talks: Stand Firm on Taxes

http://useconomicoutlook2013.com/president-obama-in-2013-obama-economic-plan-2013.php President Obama in 2013 President Barack Obama is hardening his stance in his first post-election confrontation with Republicans, declaring he will make no deal on the country’s...

David Barton Rewrites Jesus Christ's Words to Attack U.S Taxes

"Debunked Christian historian David Barton recently appeared on the TV program 'Fixing The Money Thing' with Gary and Drenda Keesee, where he rewrote the words of Jesus Christ in order to attack the U.S. tax system, which he believes taxes the wealthy too much."

Freeloading by Republican States

We have been hearing a lot about "freeloading" from Republicans; but the data shows that most of the freeloading is done by the Republicans themselves. There are states where the federal tax revenues gathered from the state are greater than federal government spending on the...

1950s and Taxes

Republicans and Libertarians are continuing to howl about "high taxes." I got news for them: There has been no such thing as high taxes in America since 1981. Every broad-based tax change since 1960 has been a reduction in taxes. And in 1950s, which was a highly prosperous...

Whoopi Goldberg's Rich, But She Made Romney's 47% Anyway . . .

When Mitt Romney learned that Whoopi Goldberg was considering voting for him, he concluded, "I must have done something really wrong."  Making the point that he rejects her as a constituent, even if she chooses him and, he is prepared to rescind anything about himself,...

President Obama rallies supporters last Saturday in Milwaukee

This Saturday, President Obama spoke at the Summerfest grounds. At the new BMO Harris Pavillion, in particular. I was at Discovery World and the line snaked around the back end of the museum and past the War Memorial. President Obama fired up the crowd, stating:""We don't...

Democrats and Wealth

In 1997, I caught up with my former university roommate, who has been a lifelong Republican. When I told him that I had gotten a job that was paying $70,000 a year, he started questioning how I can be well-off and a Democrat at the same time. In fact, there are many reasons...

Romney and Politics of Deception

In this election we hear a lot about the government standing in the way of private-sector growth and about the government taking people's money through taxes. The people making such claims fail to tell you two things. One is that private-sector growth was strongest under...

ALMOST GOT AWAY WITH IT: WOMAN ARRESTED FOR $2 MILLION TAX SCHEME

 The state of Oregon calls this one of the biggest cases of tax fraud ever. 25-year-old Krystle Marie Reyes of Salem, Oregon used TurboTax to file her taxes for 2011. She reported a $3 million income with the service, and managed to get away with receiving a return of...

Fix the debt. Restore Clinton economic policies.

I've heard many people claim that the progressive income tax punishes success and discourages motivation. I've also heard people claim that wanting to tax higher incomes is envy or jealousy. As someone who's been in the higher income bracket myself, I cannot be accused of...