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Today’s Politically INCORRECT Cartoon by A.F. Branco


This is Armageddon

Multi-millionaire Pelosi thinks a $1000 to $2000 bonuses are crumbs but working families may feel different.

Pelosi CrumbsPolitical cartoon by A.F. Branco ©2017.

Utility Company Wants to Cut Rates for Millions After Trump Tax Cuts


By Randy DeSoto | January 11, 2018 at 11:13am

URL of the original posting site: https://www.westernjournalism.com/utility-company-wants-cut-rates-millions-customers-trump-tax-cuts/

Arizona’s largest utility company is seeking permission to cut rates to its more than one million customers as a result of the Republican tax reform bill passed last month. The public corporation joined one of New England largest providers — serving liberal Sen. Elizabeth Warren’s Massachusetts — in announcing it will do the same.

The news came as Walmart became another of a plethora of companies that will pay $1,000 bonuses and other benefits to its employees due to the windfall it will reap as a result of the corporate tax rate being lowered from 35 percent to 21 percent.

The Associated Press reported Tuesday that Arizona Power Service is seeking permission from regulators to cut bills by $119 million a year, effective on Feb. 1. Residential customers will see their monthly decrease by an average of $4.68 per month.

APS said more cuts could follow once the tax bill’s effects become more clear, according to the AP.

Meanwhile, the Massachusetts-based utility Eversource, which serves over 3 million customers, announced earlier this month it wants to lower its rates as well.

“We believe it’s important that our customers reap the benefit of a lower tax rate,” Eversource Massachusetts Electric Operations President Craig Hallstrom said in a statement, according to WBUR. “As a regulated power company our rates are based on our costs, including federal taxes, so if taxes are reduced ultimately costs are reduced and that benefits our customers.”

Eversource seeks to reduce its rates by $35.4 million in eastern Massachusetts and lower its recently approved increase for the western part of the state from $24.8 million to $16.5 million.

The Bay State’s Democrat Attorney General Maura Healey is calling on all utilities serving Massachusetts residents to do the same.

On Wednesday, Fox News host Bret Baier questioned Warren, an outspoken critic of the GOP tax plan and President Donald Trump, about the decision by Eversource to lower its rates.

“Good for them. I’m delighted to hear that,” she replied, but added that she would move to change the new tax law if Democrats take back Congress in November.

“You’ve got to take out the parts that are giveaways to big corporations that right now, the Republicans plan for hardworking families to eventually pay for,” Warren said. “It is a $1.5 trillion that the Republicans gave away to billionaires and to giant corporations.”

“I want those breaks to go to hardworking families, not to a bunch of rich folks,” she added.

At his first Cabinet meeting of 2018 on Wednesday, Trump touted the benefits Americans at all income levels are already experiencing as a result of the tax law, including some that were unforeseen.

“Since that tax cut was enacted more than one million workers have received a tax cut bonus. Something that frankly no one even thought about,” he said. “We just knew a lot of good things were going to happen.”

“I must say AT&T was the first one, and they did it, $1,000 per employee,” he added. “They have hundreds of thousands of employees. And many companies followed immediately thereafter. Millions of employees in this country are getting $1,000 and more in some cases. Tax bonuses because of the tax cuts.”

He also pointed out the plan specifically targets working Americans by nearly doubling the standard deduction, making the first $12,000 earned income tax-free for individuals, and the first $24,000 for married couples. Additionally, the law doubles the child income tax credit from $1,000 to $2,000.

On Thursday, Trump tweeted out the announcement by Walmart, the nation’s largest private employer, that it was raising its U.S. minimum wage to $11 per hour and issuing a bonus of up to $1,000 to employees as a result of the lower corporate tax rates.

The corporation also plans to expand maternity and parental leave benefits.

CBS Attempted Hit Job Against Tax Bill, But All 3 Families Discovered Something


Reported By Cillian Zeal | December 26, 2017 at 10:20pm

URL of the original posting site: https://conservativetribune.com/cbs-hit-job-tax-bill/

Before the Republican tax bill was passed, the media narrative focused on how it would only benefit the wealthy. Once it was passed (after a bit of procedural drama for good measure), that narrative went into overdrive. No matter what statistics or examples the GOP may have pointed the media toward, that was the story, and they were sticking to it. However, as our second president pointed out, facts are stubborn things — even more stubborn than media outlets are.

CBS found out the timeless sagacity of Mr. Adams’ advice the hard way.

After the tax bill passed, the network decided to run a segment that looked at how three separate American families from three different parts of the country would fare under the Republicans’ new tax plan. The original idea, one would assume, was to highlight the inequality therein.

Instead of the hit job one assumes some were looking for, however, CBS found that all three families ended up saving money.

The first profile was of Marcie George, a single mother who rents a home in Cary, North Carolina.

“It didn’t seem as they were going along like it would really affect someone like me,” George said.

An administrative assistant, George makes under $40,000 a year. “Financially, I struggle,” George said. “I live paycheck to paycheck. I make things work, I readjust and rearrange, but we do get by.”

Remember that we were told incessantly by the left that Ms. George and her child were going to be the kind of people who would get the shaft under the GOP tax plan. So, how did things end up for her? Pretty well, we’d say: over $1,300 saved, in part thanks to the child tax credit doubling.

Amber and Jason Edwards, a couple from Providence, Rhode Island, are slightly higher up the tax bracket than Ms. George is. Homeowners who are married without children, the educators took in a combined $150,000. While the Edwardses would pay taxes on $12,000 more of their income, according to CBS’ accountant, they would end up saving money based on the lower tax numbers, saving the family $650. They would also switch to the standard deduction, meaning a simpler return.

“Honestly, I’m a little surprised,” Amber Edwards said, turning to her husband. “What you had said, initially, you thought we were going to have a higher tax bill.”

And he was wrong.

Meanwhile, Melissa and Layne Lev of Fresno, California have three children and own their home and a small business. They too thought their taxes were going to be higher, although Melissa had trouble explaining why she thought this was. They make roughly $300,000. Even though they’re from a high-tax state — one where most individuals likely think that they’re going to get hit hard by the reduced state tax deductions — they ended up saving money too.

They’ll be receiving $13,000 in tax cuts, thanks to receiving child tax credits and not paying the alternative minimum tax.

Can you imagine the tears in the CBS newsroom as the results poured in? It’s like a mini-election night all over again!

So, yes, as much as this is apparently just a tax cut for the rich, everyone — the Georges, the Edwardses and the Levs — will be seeing money back thanks to tax reform. And these are hardly modern-day Vanderbilts, either, meaning this is money that’s going to be going directly back into the economy.

Talk about a Christmas present for everybody. Unless you’re part of the Democrat caucus, of course.

H/T PJ Media

Liberals Launch Program to Increase No. of Illegals Allowed to Stay by 1,100%


Reported By Ben Marquis | November 13, 2017 at 2:17pm

URL of the original posting Site: https://conservativetribune.com/liberals-program-illegals-allowed/?

Since President Donald Trump took office, there has been a marked difference in the manner in which the federal government deals with illegal immigration, both on the border and within the country.

Deportations are reportedly rising, but liberals are intent on reversing that trend and allowing as many illegals to remain lawfully in the country as long as possible, and they appear to now be using taxpayer funds to do so.

The liberal New York City-based Vera Institute of Justice just announced via a press release the formation of a new program known as the Safety and Fairness for Everyone Cities Network.

The SAFE Cities Network provides publicly-funded legal representation to both legal immigrants and illegals involved in deportation and detainment hearings at no cost to the immigrants themselves. Some localities have begun similar programs on their own already.

The program is based on a study by the New York Immigrant Family Unity Project that was conducted in one particular New York City immigration court, the results of which the Vera Institute now intends to attempt to duplicate nationwide.

That study found that immigrants facing deportation hearings had only a 4 percent success rate of avoiding deportation when representing themselves, but that their success rate was about 48 percent when they were provided with legal representation — an estimated increase of 1,100 percent.

The organization touted, “Network members come from 11 politically, economically, and ethnically diverse jurisdictions that are united in their commitment to the belief that … a crucial way to keep our communities safe is to ensure legal representation for those whose future depends on it.”

Except that the 11 Network members aren’t exactly as “politically” diverse as the Vera Institute would have the public believe. Just check out the list of participating jurisdictions and see if you can spot the one thing they all have in common.

The 11 Network members are: Atlanta, GA; Austin, TX; Baltimore, MD; Chicago, IL; Columbus, OH; Dane County, WI; Oakland/Alameda County, CA; Prince George’s County, MD; Sacramento, CA; San Antonio, TX; and Santa Ana, CA.

If you noticed that all of those cities and/or counties are liberal-dominated and Democrat-controlled, even if they are in a “red” state, then you would be correct.

The Vera Institute proudly proclaimed that under their initiative, “[Eleven] jurisdictions are providing funding for trained legal service providers to represent immigrants facing deportation proceedings supplemented by a catalyst grant administered by Vera.”

What that means is that Vera provided some private funding up front to start the program, but that participant jurisdictions will continue the program with taxpayer dollars.

Were this initiative to be completely funded by private dollars, we would have no qualms with it whatsoever, as it would be nothing more than liberals putting their money where their mouths are and funding a venture to protect illegals by themselves. But this program will utilize taxpayer money, funds that will inevitably come from individuals vehemently opposed to the program who will nevertheless be paying for it. That is not right.

Furthermore, can we expect liberal organizations like the Vera Institute to formulate similar programs using taxpayer funding to provide for the “free” legal defense of American citizens facing hearings for violations of gun or tax laws or other government regulations? After all, wouldn’t that be “fair” to everyone?

We highly doubt it.

H/T LawNewz

FBI uncovered Russian bribery plot before Obama administration approved controversial nuclear deal with Moscow


Reported

 
 
 

Before the Obama administration approved a controversial deal in 2010 giving Moscow control of a large swath of American uranium, the FBI had gathered substantial evidence that Russian nuclear industry officials were engaged in bribery, kickbacks, extortion and money laundering designed to grow Vladimir Putin’s atomic energy business inside the United States, according to government documents and interviews.

Federal agents used a confidential U.S. witness working inside the Russian nuclear industry to gather extensive financial records, make secret recordings and intercept emails as early as 2009 that showed Moscow had compromised an American uranium trucking firm with bribes and kickbacks in violation of the Foreign Corrupt Practices Act, FBI and court documents show.

They also obtained an eyewitness account — backed by documents — indicating Russian nuclear officials had routed millions of dollars to the U.S. designed to benefit former President Bill Clinton’s charitable foundation during the time Secretary of State Hillary Clinton served on a government body that provided a favorable decision to Moscow, sources told The Hill.

The racketeering scheme was conducted “with the consent of higher level officials” in Russia who “shared the proceeds” from the kickbacks, one agent declared in an affidavit years later.

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Rather than bring immediate charges in 2010, however, the Department of Justice (DOJ) continued investigating the matter for nearly four more years, essentially leaving the American public and Congress in the dark about Russian nuclear corruption on U.S. soil during a period when the Obama administration made two major decisions benefiting Putin’s commercial nuclear ambitions.The first decision occurred in October 2010, when the State Department and government agencies on the Committee on Foreign Investment in the United States unanimously approved the partial sale of Canadian mining company Uranium One to the Russian nuclear giant Rosatom, giving Moscow control of more than 20 percent of America’s uranium supply.

When this sale was used by Trump on the campaign trail last year, Hillary Clinton’s spokesman said she was not involved in the committee review and noted the State Department official who handled it said she “never intervened … on any [Committee on Foreign Investment in the United States] matter.”

In 2011, the administration gave approval for Rosatom’s Tenex subsidiary to sell commercial uranium to U.S. nuclear power plants in a partnership with the United States Enrichment Corp. Before then, Tenex had been limited to selling U.S. nuclear power plants reprocessed uranium recovered from dismantled Soviet nuclear weapons under the 1990s Megatons to Megawatts peace program.

“The Russians were compromising American contractors in the nuclear industry with kickbacks and extortion threats, all of which raised legitimate national security concerns. And none of that evidence got aired before the Obama administration made those decisions,” a person who worked on the case told The Hill, speaking on condition of anonymity for fear of retribution by U.S. or Russian officials.

The Obama administration’s decision to approve Rosatom’s purchase of Uranium One has been a source of political controversy since 2015. That’s when conservative author Peter Schweitzer and The New York Times documented how Bill Clinton collected hundreds of thousands of dollars in Russian speaking fees and his charitable foundation collected millions in donations from parties interested in the deal while Hillary Clinton presided on the Committee on Foreign Investment in the United States.

The Obama administration and the Clintons defended their actions at the time, insisting there was no evidence that any Russians or donors engaged in wrongdoing and there was no national security reason for any member of the committee to oppose the Uranium One deal.

But FBI, Energy Department and court documents reviewed by The Hill show the FBI in fact had gathered substantial evidence well before the committee’s decision that Vadim Mikerin — the main Russian overseeing Putin’s nuclear expansion inside the United States — was engaged in wrongdoing starting in 2009.

Then-Attorney General Eric Holder was among the Obama administration officials joining Hillary Clinton on the Committee on Foreign Investment in the United States at the time the Uranium One deal was approved. Multiple current and former government officials told The Hill they did not know whether the FBI or DOJ ever alerted committee members to the criminal activity they uncovered.

Spokesmen for Holder and Clinton did not return calls seeking comment. The Justice Department also didn’t comment.

Mikerin was a director of Rosatom’s Tenex in Moscow since the early 2000s, where he oversaw Rosatom’s nuclear collaboration with the United States under the Megatons to Megwatts program and its commercial uranium sales to other countries. In 2010, Mikerin was dispatched to the U.S. on a work visa approved by the Obama administration to open Rosatom’s new American arm called Tenam.

Between 2009 and January 2012, Mikerin “did knowingly and willfully combine, conspire confederate and agree with other persons … to obstruct, delay and affect commerce and the movement of an article and commodity (enriched uranium) in commerce by extortion,” a November 2014 indictment stated.

His illegal conduct was captured with the help of a confidential witness, an American businessman, who began making kickback payments at Mikerin’s direction and with the permission of the FBI. The first kickback payment recorded by the FBI through its informant was dated Nov. 27, 2009, the records show.

In evidentiary affidavits signed in 2014 and 2015, an Energy Department agent assigned to assist the FBI in the case testified that Mikerin supervised a “racketeering scheme” that involved extortion, bribery, money laundering and kickbacks that were both directed by and provided benefit to more senior officials back in Russia.

“As part of the scheme, Mikerin, with the consent of higher level officials at TENEX and Rosatom (both Russian state-owned entities) would offer no-bid contracts to US businesses in exchange for kickbacks in the form of money payments made to some offshore banks accounts,” Agent David Gadren testified.

“Mikerin apparently then shared the proceeds with other co-conspirators associated with TENEX in Russia and elsewhere,” the agent added.

The investigation was ultimately supervised by then-U.S. Attorney Rod Rosenstein, an Obama appointee who now serves as President Trump’s deputy attorney general, and then-Assistant FBI Director Andrew McCabe, now the deputy FBI director under Trump, Justice Department documents show.

Both men now play a key role in the current investigation into possible, but still unproven, collusion between Russia and Donald Trump’s campaign during the 2016 election cycle. McCabe is under congressional and Justice Department inspector general investigation in connection with money his wife’s Virginia state Senate campaign accepted in 2015 from now-Virginia Gov. Terry McAuliffe at a time when McAuliffe was reportedly under investigation by the FBI.

The connections to the current Russia case are many. The Mikerin probe began in 2009 when Robert Mueller, now the special counsel in charge of the Trump case, was still FBI director. And it ended in late 2015 under the direction of then-FBI Director James Comey, whom Trump fired earlier this year.

Its many twist and turns aside, the FBI nuclear industry case proved a gold mine, in part because it uncovered a new Russian money laundering apparatus that routed bribe and kickback payments through financial instruments in Cyprus, Latvia and Seychelles. A Russian financier in New Jersey was among those arrested for the money laundering, court records show.

The case also exposed a serious national security breach: Mikerin had given a contract to an American trucking firm called Transport Logistics International that held the sensitive job of transporting Russia’s uranium around the United States in return for more than $2 million in kickbacks from some of its executives, court records show.

One of Mikerin’s former employees told the FBI that Tenex officials in Russia specifically directed the scheme to “allow for padded pricing to include kickbacks,” agents testified in one court filing.

Bringing down a major Russian nuclear corruption scheme that had both compromised a sensitive uranium transportation asset inside the U.S. and facilitated international money laundering would seem a major feather in any law enforcement agency’s cap. But the Justice Department and FBI took little credit in 2014 when Mikerin, the Russian financier and the trucking firm executives were arrested and charged. The only public statement occurred a year later when the Justice Department put out a little-noticed press release in August 2015, just days before Labor Day. The release noted that the various defendants had reached plea deals.

By that time, the criminal cases against Mikerin had been narrowed to a single charge of money laundering for a scheme that officials admitted stretched from 2004 to 2014. And though agents had evidence of criminal wrongdoing they collected since at least 2009, federal prosecutors only cited in the plea agreement a handful of transactions that occurred in 2011 and 2012, well after the Committee on Foreign Investment in the United State’s approval.

The final court case also made no mention of any connection to the influence peddling conversations the FBI undercover informant witnessed about the Russian nuclear officials trying to ingratiate themselves with the Clintons even though agents had gathered documents showing the transmission of millions of dollars from Russia’s nuclear industry to an American entity that had provided assistance to Bill Clinton’s foundation, sources confirmed to The Hill.

The lack of fanfare left many key players in Washington with no inkling that a major Russian nuclear corruption scheme with serious national security implications had been uncovered.

On Dec. 15, 2015, the Justice Department put out a release stating that Mikerin, “a former Russian official residing in Maryland was sentenced today to 48 months in prison” and ordered to forfeit more than $2.1 million.

Ronald Hosko, who served as the assistant FBI director in charge of criminal cases when the investigation was underway, told The Hill he did not recall ever being briefed about Mikerin’s case by the counterintelligence side of the bureau despite the criminal charges that were being lodged.

“I had no idea this case was being conducted,” a surprised Hosko said in an interview.

Likewise, major congressional figures were also kept in the dark.

Former Rep. Mike Rogers (R-Mich.), who chaired the House Intelligence Committee during the time the FBI probe was being conducted, told The Hill that he had never been told anything about the Russian nuclear corruption case even though many fellow lawmakers had serious concerns about the Obama administration’s approval of the Uranium One deal.

“Not providing information on a corruption scheme before the Russian uranium deal was approved by U.S. regulators and engage appropriate congressional committees has served to undermine U.S. national security interests by the very people charged with protecting them,” he said. “The Russian efforts to manipulate our American political enterprise is breathtaking.”

Indictment Affidavit by M Mali on Scribd

https://www.scribd.com/embeds/361782806/content?start_page=1&view_mode=scroll&access_key=key-1KruSlw1gQLLv68Bb1ZB&show_recommendations=true

 

Warrant Affidavit by M Mali on Scribd

https://www.scribd.com/embeds/361783030/content?start_page=1&view_mode=scroll&access_key=key-N455a4bz5qQFSYWLdHvG&show_recommendations=true

 

 

Mikerin Plea Deal by M Mali on Scribd

https://www.scribd.com/embeds/361783782/content?start_page=1&view_mode=scroll&access_key=key-9FqAb64N1wtBrEk5gxzZ&show_recommendations=true

Corporate Tax Cut Will Raise Middle-Class Wages


Reported 

URL of the original posting site: https://www.westernjournalism.com/corporate-tax-cut-will-raise-middle-class-wages/?

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A study released Monday by Kevin Hassett, President Donald Trump’s chief economist, gives a boost to Trump’s proposed corporate tax cut. The study shows that if the tax cut is implemented, the average family could see an income boost in the thousands of dollars.

The tax cut would lower the current rate of 35 percent to 20 percent. Based on “conservative estimates,” this decrease would boost the average household income by $4,000, the paper said. But more “moderate estimates” reveal increases of $9,000 per family.

“Put simply, capital deepening, which brings additional returns to the owners of capital, brings substantial returns to workers as well,” said the paper, which studied evidence from other countries that have lowered their corporate tax rates.

But Democrats have disapproved of Trump’s proposed tax cut from the start. They believe it will not benefit ordinary families, but only business themselves.

The new study will allow Republicans to offer a rebuttal.

Hassett, the chair of the White House Council of Economic Advisers, insists that American families would benefit the most from significantly lower corporate tax rates, more so than the companies themselves.

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“America’s broken corporate tax system creates incentives for firms to hold their money outside of our borders,” Hassett told reporters on Sunday, according to the Washington Examiner. “When firms hold their money overseas rather than invest them in America, they’re holding down the productivity of the American economy and the wages of American workers.”

The United States has one of the highest corporate tax rates in the world, leading many companies to keep their profits abroad in lower-tax countries to avoid significant tax hits back home.

By cutting the tax rate, the idea is that companies would then invest more within the United States. This would cause a boost in productivity throughout the country.

This productivity would then boost wages, according to Hassett’s study.

“More assets like machines let workers produce more, and when workers can produce more, businesses can afford to pay their workers more,” Hassett said, as reported by The Hill. 

But some economists and tax policy experts have voiced their concerns about the tax cut directly benefiting workers. Although they agree this would attract companies to invest more in the United States economy, they cannot predict how much money will bring back home. There is also concern over what corporations will do with their tax savings.

Trump announced his tax proposal during a September a speech in Indianapolis. Calling it a “revolutionary change,” he said it would boost wages to “levels that you haven’t seen in many years,” according to The New York Times. 

Additional Politically INCORRECT Cartoons for Tuesday September 5, 2017


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