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Bill USA

Profile Information

Member since: Wed Mar 3, 2010, 04:25 PM
Number of posts: 3,369

About Me

Quotes I like: "Prediction is very difficult, especially concerning the future." "There are some things so serious that you have to laugh at them.” __ Niels Bohr Given his contribution to the establishment of quantum mechanics, I guess it's not surprising he had such a quirky of sense of humor. ......................."Deliberate misinterpretation and misrepresentation of another's position is a basic technique of (dis)information processing" __ I said that

Journal Archives

Appeals Court Puts Brakes On Judge Who Shut Down Scott Walker Investigation

http://talkingpointsmemo.com/livewire/appeal-court-walker-john-doe


One day after a federal judge dramatically shut down the secret "John Doe" probe investigating Wisconsin Gov. Scott Walker's (R) 2012 recall election, a federal appeals court on Wednesday stayed the lower judge's ruling.


As The Milwaukee Journal Sentinel reported, the ruling from the U.S. Court of Appeals for the 7th Circuit provides a way for District Judge Rudolph Randa to reissue his preliminary injunction halting the investigation. But the higher court said the part of Randa's ruling that ordered state prosecutors to destroy or return all material obtained during the investigation will remain stayed "as long as proceedings continue in this court."

The John Doe investigation, a type of proceeding prosecutors in Wisconsin use to determine whether or not to charge a criminal offense, was focused on campaign coordination between Walker's campaign and outside conservative groups. One of the groups targeted by the investigation, Wisconsin Club for Growth, filed a lawsuit to stop the probe -- and Randa ruled heavily in the group's favor on Tuesday.

The 1 Chart That Reveals Just How Grossly Unfair The U.S. Tax System Has Become

http://www.huffingtonpost.com/2013/05/22/chart-shows-corp-taxes-grossly-unfair_n_3321737.html

Apple CEO Tim Cook waved a magic wand in front of America on Tuesday, vanishing our outrage over how shamelessly companies avoid paying taxes, leaving the rest of us to foot the bill. As a public service to you, here is a chart that should enrage you about corporate tax rates all over again! (Story continues below chart of RAGE.)

federal revenue
?3

Notice the beige stripe that is shrinking steadily? That stripe is the percentage corporate taxes contribute to total federal revenue. And notice the olive-green stripe that has swollen to be larger than the beige stripe used to be? That is the contribution of payroll taxes to federal revenue.

What this shows is how dramatically corporate tax contributions have shrunk in the past several decades, and how our personal taxes have risen to fill the gap. Payroll taxes now make up 35 percent of all federal government tax receipts, up from 11 percent in 1950. Corporate income taxes, meanwhile, now make up less than 10 percent of federal revenue, down from about 26 percent in 1950.

To 'splain those numbers a little more clearly: We who are on the payrolls of companies now bear way more of a tax burden than those companies bore decades ago. Those companies, meanwhile, bear less of a burden than we ever did.

And this doesn't include individual income tax, which accounts for about 46 percent of total federal tax receipts, roughly the same as 60 years ago.
(more)

Where Do Federal Tax Revenues Come From? Indiv Inc tx: 47%, Payroll txs: 34%, Corp Inc tx: 10%

http://www.cbpp.org/cms/?fa=view&id=3822

In fiscal year 2013, the federal government spent $3.5 trillion on the services it provides, such as national defense, health care programs like Medicare and Medicaid, Social Security benefits for the elderly and disabled, and investments in infrastructure and education, in addition to interest on the debt (see our related Policy Basics: Where Do Our Federal Tax Dollars Go?). Federal revenues financed close to $2.8 trillion of that $3.5 trillion. Borrowing financed the remaining amount ($680 billion); future taxpayers will ultimately pay this deficit.



The three main sources of federal tax revenue are individual income taxes, payroll taxes, and corporate income taxes; other sources of tax revenue include excise taxes, the estate tax, and other taxes and fees.

Almost half of all federal revenue (47 percent) comes from individual income taxes. The income tax is generally progressive: higher-income households pay a larger share of their income in income taxes than lower-income households do.

Another 34 percent of revenue comes from payroll taxes, which are assessed on the wage or salary paychecks of almost all workers and used to fund Social Security, Medicare Hospital Insurance, and unemployment insurance. By law, employers and employees split the cost of payroll taxes, but research has shown that employers pass their portion of the cost on to workers in the form of lower wages.


(MORE)

The Truth About The U.S. Corporate Tax Rate The Right-Wing Media Doesn't Want You To Know

http://mediamatters.org/research/2012/05/01/the-truth-about-the-us-corporate-tax-rate-the-r/184586

Krugman Responds To Claim That Corporate Taxes Are The Highest In The World: "Nothing You Said About Business Taxes Is Actually True." On the April 29 edition of This Week with George Stephanopoulos, former Republican senatorial candidate and former Hewlett-Packard CEO claimed that the United States has "the single highest business tax rate the in the world," and that high taxes cause job losses and stalls economic growth. Krugman responded that none of Fiorina's claims was "actually true":


KRUGMAN: Nothing you said about business taxes is actually true.

FIORINA: Everything I said about business taxes is true.

KRUGMAN: We can have that discussion in one place, but it's not true.

FIORINA: This isn't an academic discussion, it's clear here.

KRUGMAN: If you look at the actual tax collections in the United States on business, they're lower than other advanced countries. And if you look at the alleged finding that high business taxes cause job losses in states, it goes way on even the -- kick the tires even slightly and the whole thing falls apart. It's just not true.


Studies Support Krugman: U.S. Corporate Tax Rates Are Similar To Other Countries

CRS: U.S. Has A Slightly Lower "GDP Weighted Average" Corporate Tax Rate Than Other OECD Countries. A March 31, 2011, Congressional Research Service (CRS) report titled "International Corporate Tax Rate Comparisons and Policy Implications," compared the weighted average of corporate tax rates in the United States and in other countries in the Organization for Economic Co-operation and Development (OECD). It found that the United States has an effective corporate tax rate of 27.1%, compared to the OECD (excluding the United States) average of 27.7%. From the report:


If tax rates are not weighted, then a small economy, such as Iceland, can have the same effect on the average of international rates as a large economy, such as Germany or Japan. In general, smaller countries tend to have lower tax rates and thus unweighted averages are lower than weighted averages in most cases. In the results presented in this report, both weighted and unweighted averages are reported, but weighted averages are more relevant to making comparisons of measures of the tax burden on capital deployed around the world.

(...)




(more)

Repugnants set up "Obama and Hillary are guilty of somthin re Benghazi" 'investigation' commitee

Benghazi panel to have 7 GOP-ers, 5 Dems
http://www.politico.com/story/2014/05/nancy-pelosi-benghazi-panel-106385.html

The select committee that will probe the attacks in Benghazi will have seven Republicans and five Democrats, according to the resolution creating the panel.

The resolution — posted to the House Rules Committee website on Tuesday night — will come to the floor Thursday and is expected to pass by a wide margin. Speaker John Boehner (R-Ohio) has tapped South Carolina GOP Rep. Trey Gowdy to chair the panel.

The Gowdy committee, as it’s being informally called among House aides, will “conduct a full and complete investigation and study and issue a final report” to the House on “all policies, decisions an activities that contributed to the attacks on United States facilities in Benghazi, Libya, on Sept. 11, 2012, as well as those that affected the ability of the United States to prepare for the attacks. …”

Also under consideration will be “all policies, decisions and activities to respond and repel the attacks” on the Consulate in Benghazi.
(more)


Rep Adam Schiff calls Repug Benghazi Committee a "Collosal Waste of Time"



http://www.huffingtonpost.com/2014/05/04/adam-schiff-benghazi_n_5263227.html

WASHINGTON (AP) — A Democrat on the House Intelligence Committee says it makes no sense to participate in the select committee that Republicans want to create to investigate the 2012 attack on the U.S. diplomatic outpost in Benghazi, Libya.

Rep. Adam Schiff of California says he'd recommend that Democratic leaders not appoint any Democrats to the committee that Speaker John Boehner is moving to set up.

Schiff tells "Fox News Sunday" that there have been multiple investigations into Benghazi and that the new committee is "a colossal waste of time."

Schiff calls the committee "a tremendous red herring" and a waste of money and believes Boehner is bowing to the GOP's far-right faction.
(more)


.. SUGGESTION: E-mail Democratic Congressmen and tell them to boycott the committee and tell the Repugnants:

"Why don't you just save the Government time and money and just render you verdict now and be done with it."

Media Omit Crucial Detail In Reporting On Retired General's Benghazi Testimony

http://mediamatters.org/research/2014/05/01/media-omit-crucial-detail-in-reporting-on-retir/199134

Media Ignore Lovell's Crucial Clarification, Seize On "We Should Have Tried" Comment



Lovell Says "We Should Have Tried" To Rescue Victims, Clarifies He Did Not Mean The Response Was Insufficient. On May 1, Lovell, who served as deputy intelligence director at the U.S. Africa Command in Germany (AFRICOM) during the September 11, 2012 attack, testified that "we should have tried" to rescue the victims of the attack. Later, Lovell clarified his remark in an exchange with Rep. Gerry Connolly (D-VA):


CONNOLLY: I want to read to you the conclusion of the chairman of the Committee, the Republican chairman Buck McKeon, who conducted formal briefings and oversaw that report. He said, quote, "I'm pretty well satisfied that given where the troops were, how quickly the thing all happened, and how quickly it dissipated we probably couldn't have done much more than we did." Do you take issue with the Chairman of the Armed Services Committee? In that conclusion?

LOVELL: His conclusion that he couldn't have done much more than they did with the capability and the way they executed it?

CONNOLLY: Given the timeframe.

LOVELL: That's a fact.

CONNOLLY: OK.

LOVELL: The way it is right now. The way he stated it.

CONNOLLY: All right, because I'm sure you can appreciate, general, there might be some who, for various and sundry reasons would like to distort your testimony and suggest that you're testifying that we could have, should have done a lot more than we did because we had capabilities we simply didn't utilize. That is not your testimony?

LOVELL: That is not my testimony.

CONNOLLY: I thank you very much.




ABC News' Sawyer: Lovell "Testified Before Congress That The U.S. Military Should Have Tried To Do More To Fend Off That Attack." In a May 1 report on Lovell's Benghazi testimony, ABC World News host Diane Sawyer said Lovell "testified before Congress that the U.S. military should have tried to do more to fend off that attack." The segment never mentioned that Lovell later clarified the remark and agreed that the military could not have done more.

NBC News: "Official: 'We Should Have Tried' to Help During Benghazi Attack." NBCNews.com published a report on Lovell's testimony under the headline, "Official: 'We Should Have Tried' to Help During Benghazi Attack." The report omitted Lovell's clarification with Rep. Connolly in which he explained that it was "a fact" that there was nothing more the military could have done.

Fox's Perino: Lovell "Said That Our Military Should Have At Least Tried" To Save Benghazi Victims. On the May 1 edition of Fox News' The Five, co-host Dana Perino claimed that during testimony of the military's response to Benghazi, Lovell "said that our military should have at least tried, but it was never even ordered." The rest of the show made no mention of Lovell's later clarification of those remarks.
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House GOP Basically Admits Its Obamacare Survey Was Bogus

http://talkingpointsmemo.com/dc/house-gop-admits-obamacare-survey-bogus

House Republicans have come as close as they likely will to admitting that their much-touted Obamacare survey was bogus.

An industry source shared with TPM an email sent Thursday by the House Energy and Commerce Committee, which said it plans to ask for new data from insurers that it hopes will "accurately capture" the number of HealthCare.gov enrollees who have paid their premiums.

The same source described a previous survey from the committee as "incredibly rigged" to reach a conclusion that only 67 percent of enrollees had paid their premiums, by ignoring the fact that the due date for some of those payments was still weeks out from the committee's deadline.

"After discussions with many of you, the Committee believes that gathering data through May 20, 2014 should accurately capture the number of individuals who have completed their enrollments through (HealthCare.gov) by paying their premium," the email, sent by a committee staffer, said. It was accompanied by a formal letter from committee leadership.
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Lindsey Graham Coordinated With Lara Logan On Benghazi Smear Piece (cross post)

http://www.democraticunderground.com/10024913221

How to Turn Insanity into a Career Choice by Stacey Campfield: Conservative visitor from beyond the

Outer Limits. Campfield has turned Insanity into a lifestyle....


http://www.democraticunderground.com/1017190391#post37

Stacey Campfield's "Train Ride" to Ignominy

Ever since he’s been in the Tennessee General Assembly, state Senator Stacey Campfield (R-Knoxville) has incurred the acrimony and dislike of Democrats — not merely for his extremist legislative proposals, few of which make it very far off the launch pad, but because of his willingness to draw attention to himself through outrageous and insensitive statements.

On Monday, the “Don’t Say Gay” senator, infamous as well for his abortive proposal last year to deny families of failing school-children access to state social assistance, finally jumped his shark. Or, more accurately, boarded his train to possible political oblivion.

Campfield’s antics had already made him the target of a thinly disguised purge attempt by the Republican establishment in the guise of Dr. Richard Briggs, a distinguished Knoxville physician who has challenged the madcap senator in the August Republican primary,.
(more)

I think Campfield has wrapped up the award for the Most Insane, Imbicilic, Reality Inverting

Conservative Psycho-rhetoric of 2014. Campfield should tour mental hospitals to give motivational speeches to beyond-all-hope psychotics - on "How to turn insanity into a career choice - contact your local GOP HQ"..

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