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Posts tagged ‘Taxes’

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


A.F. Branco Cartoon – High Tax Nancy

Nancy Pelosi may be back holding the gavel with a vengeance wanting her crumbs back from the taxpayers.

Nancy Pelosi Speaker AgainPolitical Cartoon by A.F. Branco ©2018.
More A.F. Branco Cartoons at The Daily Torch.

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A.F. Branco has taken his two greatest passions, (art and politics) and translated them into the cartoons that have been seen all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC and “The Washington Post.” He has been recognized by such personalities as James Woods, Sarah Palin, Larry Elder, Lars Larson, and even the great El Rushbo.

Ocasio-Cortez Supporters Love Socialism So Much That They Have Absolutely No Idea How It Works


Reported By Ben Marquis | July 30, 2018 at 2:41pm

Democratic socialism, a sort of mythical utopian form of government halfway between a capitalist democratic society and a socialistic communist one, is all the rage on the left these days following the surprising primary victory of Alexandria Ocasio-Cortez in New York’s 14th Congressional District.

Ocasio-Cortez makes no secret of her passion for a more socialist society in America, one where every individual’s basic needs are provided by the government. And that passion is apparently shared by a growing number of American citizens, as was recently revealed by Campus Reform.

Campus Reform’s media director Cabot Phillips took to the streets of Ocasio-Cortez’s district and asked random people about the potential congresswoman and her desire for the government to provide things like “free health care,” “free college tuition,” “a minimum living wage” and “housing as a human right,” none of which should be denied to anybody in her view.

Incredibly, most of those Phillips spoke with were in favor of such policies and government “freebies,” even as they had no idea how it would all be paid for. Watch right here:

Asked where the money would come from, one couple paused and replied, “Oh God … us, I guess.”

Another woman said some of the “free things” should be paid for with taxes and the rest picked up by government, apparently not making the connection that government is funded entirely by taxes on people like her.

“I don’t know where the money would come from, but they can figure it out,” said one man with a laugh.

Phillips suggested more taxes on rich people and the man replied, “For sure man, like, they can afford it.”

Another man suggested we “tax corporations, tax the one percent and find a way to support a living wage,” while yet another maintained that “people with a good idea, and a good reason to spend their tax money, people wouldn’t actually mind paying more taxes.”

Many of the people pointed to “other countries” that have implemented socialist ideas and appeared to be doing well, but were more or less rendered speechless when Phillips asked if they thought Venezuela’s utter failure of a socialist government was one such example.

In the end, all of the people featured in Campus Reform’s video were absolutely clueless about what “democratic socialism” even is, much less how all of the “free” goodies promised by socialists like Ocasio-Cortez would be paid for. Phillips was only too happy to discuss his findings in an appearance on “Fox & Friends Weekend.”

Phillips noted that even though the responses he received were “laughable” to hear, the rise of a favorable view of socialism among millennials was “not a joking matter” as the consistent failure of socialism was a rather serious issue that young people don’t seem to understand.

“It seems like all these students don’t have a grip on history… They’re not being taught history and economics courses … so many students — it’s hard to blame them — they don’t have a context of history, they don’t know that socialism has failed every time its been implemented,” Phillips said.

“I think a lot of this also stems from how we have demonized success in America,” he continued. “Many people are taught that if you are wealthy, you only got that way because you stole it from someone less fortunate or less privileged.

“And I think after eight years of class warfare under President Obama, young people are now coming of age thinking ‘If someone else is rich it must be because they did something wrong,’and so instead of teaching people to emulate success, we’ve taught them now to try and drag successful people down, and that’s the wrong way of doing things,” Phillips added.

Sadly, Phillips is absolutely correct in that our nation’s liberal education system hasn’t taught the latest generations about the complete failures and abject horrors of true socialism. That’s why so many folks today seem absolutely clueless about the utter impossibility of a government providing “free” everything while remaining a prosperous nation where citizens enjoy liberty and freedom.

It’s why there are so many Democrats.

How Americans View Republican Policies Has Changed Drastically in Last 4 Months


Reported By Robert Donachie | April 17, 2018 at 8:56am

URL of the original posting site: https://www.westernjournal.com/how-americans-view-republican-policies-has-changed-drastically-in-last-4-months/

More American voters want the Republican party to remain in charge of the economy and tax policy, according to an NBC News/WSJ poll released Monday evening. The two media outlets found that 35 percent of Americans believe the Republican Party is better suited to handle the economy, compared with 28 percent who think Democrats have the better economic policies.

Roughly four months ago, Democrats had the upper hand. Thirty-five percent of American voters thought Democrats were the better choice in December — the same month Republicans passed the 2017 tax reform bill. The party now holds a slim 2 percent advantage over Democrats on the question of who has the better tax policy. Democrats had a 4 percentage point advantage in December.

Americans remain divided on whether or not the 2017 tax reform bill was a net-positive. Only 27 percent of Americans think the bill was a good idea, while 34 percent say they don’t know enough about the bill and 36 percent say it wasn’t a good idea.

A slim majority of Americans — 53 percent — think it is likely a negative because of expectations that it will greatly increase the federal deficit. Americans also believe the bill was a giveaway to the wealthy and major corporations.

Recent findings from government oversight officials work to back up Americans’ growing federal deficit concerns. The non-partisan Congressional Budget Office expects the Republican tax reform bill and 2018 congressional budget agreement will grow the economy over the coming years, but also add nearly $2 trillion to federal deficit over the next decade.

The CBO released analysis earlier in April detailing how the federal budget deficit will be $804 billion in 2018 and exceed $1 trillion in 2020. Publicly held U.S. debt will total $28.671 trillion by the end of 2028, amounting to over 96 percent of U.S. gross domestic product that year.

Republican tax cuts are expected, as leadership has repeatedly claimed, to grow the economy over the next two years. Real GDP will expand 3.3 percent in 2018 and 2.4 percent in 2019. Starting in 2020, those gains are expected to taper off. The CBO expects real GDP to grow 1.8 percent in 2020, continuing at an average annual rate of 1.7 percent from 2020-2026.

While the deficit remains a concern, the tax bill has shown and is expected to show some other net-benefits for the American people.  Hundreds of corporations and small businesses announced bonuses and wage increases following the bill’s signing last December, although many have decried the moves as simply a public relations stunt.

Americans filed their first tax returns under the new Republican tax plan Tuesday, a first litmus test for voters and politicians as to how effective the tax cuts will end up being. Tax cuts are also expected to bring nearly $2 trillion in capital held overseas back to the United States, according to a United Nations Conference on Trade and Developments report.

The U.N. expects the Republican tax law could lead to the repatriation of roughly $2 trillion in funds that American multinationals are holding overseas. U.N. analysts attribute their predictions to the dramatic cut to the U.S. corporate tax rate that took effect on Jan. 1, 2018.

A version of this article previously appeared on The Daily Caller News Foundation website. 

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

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