You Can’t Be President If You Can’t Talk Taxes | The Real Ratigan

Make no mistake about it; the destiny for investment, the destiny for enterprise, the destiny for public services all revolves around tax policy. Taxes is not just about how much you pay the government. Tax incentives and tax penalties dictate the flow of money, the flow of capital, the flow of investment into everything…

Read more

Bernie Sanders is the Only Transparent One | The Real Ratigan

Bernie Sanders is the only person running for President who actually tells you exactly what he is in support of as President of the United States. Hes in favor of free college. Hes in favor of single payer healthcare. Hes in favor of higher taxes for the rich. Whether you believe in those things…

Read more

Cutting the deficit

Economists Peter Morici and Jared Bernstein talk about the taxing times for millions of struggling Americans and how President Barack Obama has promised to change the situation.

Jobs Wanted: A Special Report on Trade, Taxes and Banking

Job numbers continue to be weakening in America, while politicians continue to talk about jobs without identifying the root cause of why we don’t have them in the first place. How can you solve a problem…

Read more

Shared Sacrifice vs. Real Solutions

Business insider Henry Blodget and panel talk about shared sacrifice versus real solutions to fix the ailing economy and the nation debt.

 

David Cay Johnston: Some Stats Behind the Wisconsin Fight

David Cay Johnston is a columnist at Tax.com and Reuters.com, a Pulitzer Prize winning journalist, and a professor of law and business at Syracuse University.

Just how much are taxpayers being ripped off by businesses that can’t compete, and so they go to the government for subsidies while the government tries to annihilate teachers?  There are strong efforts underway to take food and bargaining power away from the poorest of those in Wisconsin while 2/3 of the corporations in that state don’t pay a single penny in taxes.

WATCH: Get America Working: We Need a Movement to Solve a Crisis

Watch the Steel on Wheels Town Hall meeting at The University of Rochester. It’s time, America. Americans need work. Americans need jobs. And right now, our government’s main job must be to help create these jobs. The unemployment rate has lingered 9% for 19 straight months; the longest postwar stretch on record. And with our list of challenges ranging from overpriced health care to evaporating manufacturing, where can we start? Here are four steps our country must take now to get Americans back to work. Each tackles a bottleneck to jobs that must be fixed now.

Let me know what you think we need to do to put America back to work on our new collaborative website at www.SteelOnWheels.com!

Read more

With a Tax Deal Imminent…

With a tax deal imminent in the days to come, here are some things worth knowing:

The Tax Rate Fallacy, from Zero Hedge:

“When anyone starts lecturing you that the US has the highest tax rate in the industrialized world, just turn around, walk away, and pretend you never heard of them. This person is either ignorant about this country’s taxation system, or is deliberately trying to deceive or mislead you.

According to a report released by the Internal Revenue Service, America’s tax collection agency, the top 400 individual tax returns filed in 2009 reported an average gross income of $358 million each. The average amount of tax paid by these individuals came to under 17%, less than half the maximum Federal rate of 35%, which kicks in on annual income over $372,950 (click here for the 2009 tax tables at http://www.irs.gov/pub/irs-pdf/i1040tt.pdf ). This explains why Warren Buffet pays a much lower tax rate than his secretary. It really is true that in America, only the poor people pay taxes.”

That’s just the tip of the iceberg for a tax code riddled with loopholes, favors, and downright theft.

Listen to David Cay Johnston’s previous conversation on Radio Free Dylan on all the dirty laundry in America’s Tax Code.

Email Dylan

Speaking Engagements, Interviews, Issue Advocacy, drop Dylan a line...

Stay connected with Dylan