Posts Tagged ‘tax



16
Oct
12

#MittMath

Chat away, back in a while😉

16
Oct
12

Rise and Shine

@BarackObama

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All times ET

11:50: President Obama departs Williamsburg, Va.

12:00: VP Biden travels to Penn Valley, Pa., to attend the funeral services for Senator Arlen Specter

12:55: President Obama arrives in New York

2:50: Michelle Obama speaks to grassroots supporters in Chapel Hill, N.C.

9:00: The Debate

11:05: President Obama departs New York

12:15: Arrives at the White House

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Greatest website ever:

RomneyTaxPlan

Thank you Bill!

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Washington Post: Romney’s 12-million job promise has garnered a lot of attention. We became interested in this ad after a reader asked whether the campaign had provided much detail on how he would reach this total …

…. the candidate’s personal accounting for this figure in this campaign ad is based on different figures and long-range timelines stretching as long as a decade — which in two cases are based on studies that did not even evaluate Romney’s economic plan. The numbers may still add up to 12 million, but they aren’t the same thing — not by a long shot.

… Clearly, some clever campaign staffer thought it would be nice to match up poll-tested themes such as “energy independence,” “tax reform” and “cracking down on China” with actual job numbers. We just find it puzzling that Romney agreed to personally utter these words without asking more questions about the math behind them.

Read the full article here

Greg Sargent: …. Let’s recap what Kessler has discovered here. The plan that is central to Romney’s candidacy on the most important issue of this election — jobs — is a complete sham. This is every bit as bad — or worse — than Romney’s claim to have created 100,000 jobs at Bain, or his vow to cut spending by eliminating whole agencies without saying which ones, or his refusal to say how he’ll pay for his tax cuts.

This could not have come at a better time for Obama. Here is the evidence he needs to spell out as clearly as possible that Romney is peddling economic hokum to the American people. Any fair reading of the backup the Romney campaign itself supplied for his plan reveals that it is nothing but a bill of goods. Obama needs to seize on this in a big way. This should be a big story.

Oh, and by the way: Economists have evaluated Obama’s jobs plan. And they concluded it would create one to two million jobs. The bottom line is simple: One candidate has a jobs plan, and the other doesn’t.

More here

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Click to see the rest of the post

08
Oct
12

Rise and Shine

The Nokia Theater, Los Angeles, October 7 (MSNBC/Reuters)

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Today:

PDT / ET

8:50 / 11:50: President Obama departs Los Angeles

9:45 / 12:45: Arrives Bakersfield, CA

10:35 / 1:35: Tours the Memorial Garden at Chávez National Monument, Keene

11:15 / 2:15: Announces the establishment of the César E. Chávez National Monument

12:35 / 3:35: Departs Bakersfield

1:40 / 4:40: Arrives San Francisco

4:0 / 7:0: Attends a campaign event at the InterContinental San Francisco (closed press)

7:15 / 10:15: Delivers remarks at the Bill Graham Civic Auditorium, San Francisco (print pool coverage)

9:40 / 12:40: Delivers remarks at the Bill Graham Civic Auditorium (pooled for television)

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(Kevin Winter/Getty)

(AP Photo/Mark J. Terrill)

(Jay Clendenin, LA Times)

Nokia Theater, Los Angeles, Oct 7 (Kevin Winter/Getty)

Text of the President’s remarks at the Nokia Theater here – the video should be up on C-Span today

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Click here to see the rest of the post

27
Sep
12

Rise and Shine

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Today:

10:0: The President departs the White House

11:05: Arrives Virginia Beach, VA

11:50: Delivers remarks at a campaign event at Farm Bureau Live, Virginia Beach

1:0: Departs Virginia Beach

2:10: Arrives the White House

First Lady Michelle Obama visits Chicago on Thursday to headline two fund-raisers and to debut on Steve Harvey’s new television show. Mrs Obama has funders at Oprah Winfrey’s Harpo’s Studio and at the home of business executive and Democratic donor Fred Eychaner.

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Steve Benen – more here

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Click to see the rest of Rise and Shine

25
Sep
12

A Completely Amazing Day…..

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Yemen’s President Abd-Rabbu Mansour Hadi talks to President Obama through an interpreter on the sidelines of the U.N. General Assembly, September 25

… with Brazil’s President Dilma Rousseff

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Click to see the rest of the post (including videos from The View)

25
Sep
12

Rise and Shine

GottaRegister

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10:45: Vice President Joe Biden delivers remarks at a campaign event in Chesterfield, Virginia

(Don’t forget The View today)

1:25: President Obama departs New York City

2:35: Arrives at the White House

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NYT Editorial: Mitt Romney …. told CBS News’s “60 Minutes” that he is tied with President Obama; he has a “very effective campaign; it’s doing a very good job” …. That’s an outright denial of political reality, but Mr. Romney’s willingness to stray from the truth is at the root of what’s really going on….

To some extent, Mr. Romney’s diminishing stature is because of two recent statements that revealed his deficiencies to a newly interested audience. He falsely suggested that the Obama administration was sympathetic to the violent Muslim protests in Libya and Egypt, illustrating his ignorant and opportunistic critique of foreign policy. And he was caught on video belittling nearly half the country for an overreliance on government handouts.

These moments, though, were not fumbles or gaffes. They were entirely consistent with the dismissive attitude Mr. Romney has routinely shown toward non-Americans or the non-rich….

Mr. Romney is free to pursue this shallow, cavalier campaign for six more weeks, but he shouldn’t be surprised if voters increasingly choose not to pay attention.

Full editorial here

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BBC: America’s sixth-largest credit card issuer has agreed to pay $200m in refunds to settle accusations it misled customers into add-on services.

Discover Bank will also pay a $14m fine, after regulators said it enrolled clients in schemes such as credit monitoring, without consent.

It is the third public enforcement action taken by the Consumer Financial Protection Bureau (CFPB).

More than 3.5 million customers are to receive refunds. About two million of them will be repaid all the charges against them.

More here

Thank you amk

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Click here to see the rest of the post

24
Sep
12

Rise and Shine

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1:05: The President departs the White House en route Joint Base Andrews

1:20: Departs Joint Base Andrews

2:15: Arrives New York City

4:10: The President and First Lady tape an appearance on “The View” (will air on Tuesday, Sept 25 at 11:0 AM ET)

8:20: The President and First Lady attend a reception for visiting Heads of State and Government, Waldorf Astoria

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The President on 60 Minutes

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NYT: Mitt Romney has just come off a couple of rough news weeks in his quest for the presidency, but if Clyde Tennyson, 62, of Hampton, Va., is as typical of the baby boom generation as polling data seem to suggest, there is more bad news to come.

Mr. Tennyson voted for Senator John McCain in the 2008 presidential election….. This time, he says he’s voting for President Obama, a shift that a sizable number of his fellow boomers are making, according to recent polling data.

…. What is moving the baby boom voters? It may be Medicare … Lark McDonald, 51, who owns a small business in the Denver area, says he voted for Mr. McCain last time, and usually votes a straight Republican ticket, but is leaning toward Mr. Obama. He worries that the Republicans are moving too far right, he said, but he is also concerned they will dismantle the Obama health care program and make major changes in Medicare…..

…. In the last election, Howard Litvack, 53, a finance manager of a car dealership in Franklin, Tenn., backed Ralph Nader, as a protest vote. This time, he says, he’s voting for Mr. Obama. “It’s more important this time to have my vote count,” he said. “There’s more at stake.”

Full article here

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Washington Post: …. The notion that Obama has skipped his intelligence briefings was promoted by a right-leaning research group called the Government Accountability Institute….

….. Ultimately, what matters is what a president does with the information he receives from the CIA. Republican critics may find fault with Obama’s handling of foreign policy. But this attack ad turns a question of process — how does the president handle his intelligence brief? —into a misguided attack because Obama has chosen to receive his information in a different manner than his predecessor.

As it turns out, no president does it the exact same way. Under the standards of this ad, Republican icon Ronald Reagan skipped his intelligence briefings 99 percent of the time.

More here

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Cagle

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 Paul Krugman: Mitt Romney is optimistic about optimism. In fact, it’s pretty much all he’s got. And that fact should make you very pessimistic about his chances of leading an economic recovery.

As many people have noticed, Mr. Romney’s five-point “economic plan” is very nearly substance-free. It vaguely suggests that he will pursue the same goals Republicans always pursue — weaker environmental protection, lower taxes on the wealthy. But it offers neither specifics nor any indication why returning to George W. Bush’s policies would cure a slump that began on Mr. Bush’s watch.

In his Boca Raton meeting with donors, however, Mr. Romney revealed his real plan, which is to rely on magic. “My own view is,” he declared, “if we win on November 6, there will be a great deal of optimism about the future of this country. We’ll see capital come back, and we’ll see — without actually doing anything — we’ll actually get a boost in the economy.”

Are you feeling reassured?

Full article here

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Rupert Cornwell (UK Independent): Has there ever been as inept a recent presidential candidate as Mitt Romney? By comparison Al Gore and John Kerry, both mocked in their day as wooden and robotic, were models of empathy, nimbleness and lightness of touch. The Romney campaign, moreover, is supposed be the tightest-run of ships. Instead it – or more exactly its standard-bearer – generates gaffes by the boatload.

….. for Mitt Romney this time, there may be no recovery. The candidate wants to depict himself as a problem-solving businessman, seeking to improve life for everyone. Instead he has merely reinforced the stereotypical image put about by his opponents that he is a country-club elitist, a Darwinian capitalist who neither understands nor cares one whit about the problems faced by ordinary, less fortunate citizens.

…. It is hard to see now how he rights the ship… The astonishing thing is that he should know better. Mr Romney went through the presidential campaign meat-grinder in 2008, yet he still makes the same mistakes …. Messrs Gore and Kerry were losers. Candidate Romney, barring a massive improvement in these final weeks, looks set to join them.

Full article here

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Cagle

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Michael Tomasky: Conservative columnists are lining up to dump on Romney. But the real problem isn’t the candidate or his campaign. It’s the Republican Party and its pathologies.

Yes, Mitt Romney had a week I wouldn’t wish on … well, Mitt Romney. Yes, his campaign is incompetent, as Peggy Noonan wrote Friday. Yes, there is something really off about the guy personally. But as conservatives like Noonan start in on Romney vilification, I feel the need to stand up and reiterate: Romney’s problems aren’t all Romney’s fault. They’re not even half his fault. They’re chiefly the fault of a movement and political party that has gone off the deep end. Almost every idiotic thing Romney has done, after all, can be traced to the need he feels to placate groups of people who are way out there in their own ideological solar system, with no purchase at all on how normal Americans feel and think about things. This is much the harder question for Noonan and others to confront, and they really ought to ponder it.

More here

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Cagle

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43 days until the election ….. 4 more for 44!

TOD fundraisers:

a4alice * Alycee * BWD * CollegeKay * Cookemom * DonnaDem4Obama

Hgerhard * HZ * Judith Fardig * Mae Who Love Our CIC

Marlz * Meta * Pamela *prettyfoot58 * proudmemberofglobalzero * Rita * Theo67 * The Obama Diary

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Morning everyone😉

23
Sep
12

‘Not One of Us’

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Monday: The President will travel to New York City to participate in the 67th Session of the United Nations General Assembly (UNGA). While in New York City, the President and First Lady will also tape an appearance on “The View.”

Tuesday: The President will deliver remarks to the UN General Assembly; the First Lady will attend the event. The President will then speak at the Clinton Global Initiative Annual Meeting. He will return to the White House in the evening.

Wednesday: The President will travel to Bowling Green and Kent, Ohio for campaign events.

22
Sep
12

Rise and Shine

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NYT Editorial: This is how voter intimidation worked in 1966: White teenagers in Americus, Ga., harassed black citizens in line to vote, and the police refused to intervene. Black plantation workers in Mississippi had to vote in plantation stores, overseen by their bosses. Black voters in Choctaw County, Ala., had to hand their ballots directly to white election officials for inspection.

This is how it works today: In an ostensible hunt for voter fraud, a Tea Party group, True the Vote, descends on a largely minority precinct and combs the registration records for the slightest misspelling or address error. It uses this information to challenge voters at the polls, and though almost every challenge is baseless, the arguments and delays frustrate those in line and reduce turnout.

The thing that’s different from the days of overt discrimination is the phony pretext of combating voter fraud. Voter identity fraud is all but nonexistent, but the assertion that it might exist is used as an excuse to reduce the political rights of minorities, the poor, students, older Americans and other groups that tend to vote Democratic.

More here

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Michael Tomasky: The release of the Romney tax returns is so amateurish that it almost offends me…..

Romney had pledged, in that ABC interview in Israel, that he’d never paid less than 13 percent to the feds. But to make that true for tax year 2011, the campaign admits that he artificially refused to take some deductions so that the rate would stay above the magic number.

But wait a second. Isn’t this the same Mitt Romney who said back in January: “I don’t think you want someone as the candidate for president who pays more taxes than he owes.”

In fact, it is. So he just released returns that, when stacked against his earlier statement, disqualify him for the presidency by his own lights. Amazing…..

More here

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@BarackObama

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Demonstrators hold up signs as Mitt Romney’s motorcade passes enroute to a campaign fundraiser in Hillsborough, California, September 21

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Washington Post editorial: Going with the best-defense-is-a-good-offense approach, the Romney campaign is accusing President Obama of being a — gasp! — redistributionist. In a rather pale replay of 2008’s Joe the Plumber spread-the-wealth debate, the GOP dredged up a 14-year-old video.

…. The campaign apparently thinks that voters will find “redistribution” a scary word. But does Mr. Romney really disagree with the belief that part of government’s role is, in Mr. Obama’s words, to help “make sure that everybody’s got a shot”? To tax is to redistribute. To govern is to redistribute….

…. It’s indisputable that Mr. Romney and Mr. Obama have diverging views about the danger posed by increasing income inequality and the degree of redistribution in which government should engage. But the Romney campaign’s desperate, clownish portrayal of Mr. Obama does this important debate a serious disservice.

Full editorial here

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Thank you DesertFlower!

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Greenville, September 19 (Christopher Dilts for Obama for America)

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1:30 Vice President Joe Biden and wife Jill campaign at a rally in Merrimack, New Hampshire

6:40: President Obama delivers remarks at a campaign event at Henry Maier Festival Park in Milwaukee (I need to check that time, CNN’s live streaming schedule has a habit of getting these things wrong)

7:30 ET: Michelle Obama will address the Congressional Black Caucus – live on C-SPAN

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Morning everyone😉

18
Sep
12

Rise and Shine

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Michael Tomasky: Mitt Tells Voters in Video to Drop Dead …. Sure it was a dumb move for Romney to denounce half of America. But he was just channeling today’s GOP.

…. Can he really believe this? It’s incomprehensible. And yet it’s not. This is the story conservatives have been telling themselves over and over in the Tea Party age … An inevitable consequence, I suppose, of campaigning among these people for all these years. You marinate a cherry in cheap whiskey long enough, the stink attaches.

…. It’s hard to judge the impact of this comment just yet ….. I would expect we’ll see “Obama voter — and I’m not a victim” and “I pay a higher tax rate than you, Governor!” signs at rallies by tomorrow. Indeed, the average person pays more in mere payroll taxes for Social Security and Medicare (15.3 percent) than Romney paid in total taxes for the year he released his returns (13.9 percent).

I suspect an impact that’s fairly big. People on the right will blame the media. But the real culprit is the words themselves. They slander millions of hard-working Americans ….. When Romney is licking his wounds on Nov. 7, that party and movement will fire all its arrows at him. He’ll deserve a lot of them. But they will have buried him with the ignorance and rage they demanded he adopt. His chief crime will have been his weakness in failing to confront them.

More here

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@BarackObama

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Paul Krugman: The Real Romney

Oh, my. Mother Jones has what it says is a video of Mitt Romney talking to donors; it sure looks and sounds real. And it reveals a candidate who despises half the country….

….. Actually, if you look at the facts, you learn that the great bulk of those who pay no income tax pay other taxes; also, many of the people in the no-income-tax category are (a) elderly (b) students or (c) having a bad year, having lost a job — that is, they’re people who have paid income taxes in the past and/or will pay income taxes in the future. The idea that half of Americans are just grifters is grotesque.

If this is real, it’s very, very ugly.

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NY Mag

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Jonathan Capehart: Back in February, Mitt Romney stuck his ample silver foot in his mouth when he told CNN’s Soledad O’Brien, “I’m not concerned about the very poor.” He went on to say, “We have a safety net there. If it needs repair, I’ll fix it. I’m not concerned about the very rich, they’re doing just fine. I’m concerned about the very heart of the America, the 90, 95 percent of Americans who right now are struggling, and I’ll continue to take that message across the nation.”

….. That one-minute-seven-second clip lays waste to Romney’s concern “about the very heart of America, the 90, 95 percent of Americans who right now are struggling.” Worse, it reveals it to be a lie. He couldn’t care less about them, it seems. That condescending clip shows a contempt for half the country that demands an explanation from Romney.

More here

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NYT: …. Mr. Romney is absolutely correct that about half of American households do not pay federal income tax. (He is also tapping into a now long-running vein of conservative anger at those households.) But he is missing some crucial context on why they do not pay federal income tax.

The nonpartisan and highly respected Tax Policy Center derived the 47 percent number and published an excellent analysis of it last summer.

It found that about half of the households that do not pay federal income tax do not pay it because they are simply too poor…. The other half consists of households taking advantage of tax credits and other provisions, mostly support for senior citizens and low-income working families.

Put bluntly, these are not households shirking their tax liabilities. The pool consists mostly of the poor, of relatively low-income working families and of old people.

More here

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Mediaite: Republican presidential candidate Mitt Romney held a surprise late-night press availability to address the maelstrom surrounding hidden camera video that surfaced …

Romney offered no apology, other than to concede that his point was “not elegantly stated,” and drew a distinction between a “political process” and what he says in front of people he knows can hear him.

Nothing Romney said at the ultra-brief presser was nearly as newsworthy as the very fact that he held it, a sign of the seismic panic this clip has caused. The campaign was already reeling from a Politico story about campaign disarray that had already dominated much of today’s news cycle. The hidden camera video, taken at a May 17 fundraiser at the home of hedge fund manager Marc Leder, is only the tip  of the iceberg. Mother Jones’ David Corn has over an hour of footage from the event, which he says he will begin rolling out “soon.”

….. The decision to hold a surprise press conference at 10 pm eastern time (Romney was speaking from California) underscores the type of damage the Romney campaign fears from this tape, but it would have helped if Romney had said something that… helped….

More here

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Cagle

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Today: The President will welcome WNBA Champion Minnesota Lynx to the White House to honor the team and their 2011 WNBA Finals victory. In the afternoon, the President will travel to New York City for campaign events. While in New York City, the President will tape an appearance on the Late Show with David Letterman. The President will return to the White House in the evening:

11:15: Jay Carney briefs reporters at the White House.

11:30: VP Biden delivers remarks at a campaign event at the Bridge View Center in Ottumwa, IA.

1:10: President welcomes the WNBA Champion Minnesota Lynx to the White House.

3:00: VP Biden delivers remarks at a campaign event at Grinnell College in Grinnell, IA.

4:40: President Obama tapes an interview for the “Late Show with David Letterman” at the Ed Sullivan Theater in New York, NY.

7:40: President Obama delivers remarks at a campaign event at the Waldorf Astoria Hotel in New York, NY.

9:45: President Obama delivers remarks at a campaign event at the 40/40 Club in New York, NY.

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Morning everyone😉




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