Top American Tax Dodgers

Americans For Tax Fairness

Romney's Tax Plan, All The Details

Latest Details on Romney's Tax Plan

Get the full details of Romney's elusive tax plan at
Romneytaxplan.com

America Wants To See Your Tax Returns, Mitt Romney

Harry Reid, the Senate Majority leader reported today, a Bain Capital investor stated that Mitt Romney paid no taxes for ten years?  Where are your tax returns Mitt Romney?  Mitt Romney hasn't even released one full year of tax returns let alone the twelve years of complete tax returns that his father George Romney released.  What is missing from George Romney's tax return?  American citizens with foreign bank accounts must file a Report on Foreign Bank and Financial Accounts, or "FBAR" in accountant slang.  Mitt Romney has a Swiss Bank Account and must have filed his FBAR as part of his 2010 tax returns.   He has not released the FBAR so his 2010 tax returns are incomplete, and he only released an "estimate" for his 2011 returns.

Mitt Romney also cites John McCain who only released two years of tax returns.  Senator McCain also spent 5 1/2 years in a North Vietnamese POW camp, Americans were happily willing to give this veteran the benefit of the doubt.  While senator McCain was sweating in a POW camp, Willard M. Romney was living in a mansion in France.  Most Americans are not willing to give the man who spent 30 months in France during the height of the Vietnam War the benefit of the doubt.  Release your tax returns, Mr. Romney.

Related articles

• Romney's 2010 Taxes Not Fully Disclosed

Stop CEO's Getting Paid More than their Corporations Pay in US Taxes

Summary of media coverage of  The Institute for Policy Studies, and their report on CEO's who receive more in compensation than their corporations pay in US income tax. 

Check to see if your members of Congress is on board (House | Senate), not a single republican has signed onto this bill. 

Rep. Paul Broun (R-GA)

"When someone is overextended and broke they don't continue paying for expensive automobiles, they sell the expensive automobiles and buy a cheaper one. They don't continue paying for country club dues, they drop out of the country club," Rep. Paul Broun (R-Ga.) said Wednesday on MSNBC.

If you thought republicans were out of touch with the average American.  Rep. Paul Broun will only reinforce your opinion.  Paying for country club dues?  I'm 61 and I've never paid for country club dues, neither have I known anyone who paid country club dues.  "Sell the expensive automobile and buy a cheaper one"?  Yeah, right.  I'll just sell my Porsche and buy a Lexus.  One solution to a financial problem that none of these republican elites ever mentions is raising income.  Many families I know, including our own family,  have had a situation where one or both parents had to take on an additional part-time job to raise revenues.  You can only cut so much and then you have to increase income.  No family I know would decide not to pay for school supplies or vaccinations for their children.  But the republicans, unlike average American families instead of raising taxes (raising income) will make public education, the elderly and the poor suffer. 

Related articles

• Rep. Paul Broun wants to throw up when Democrats talk about "children" as he holds up picture of "children" (crooksandliars.com)
• Broun: Progressives Out to Destroy America [Dispatches from the Culture Wars] (scienceblogs.com)

Welfare Queen Corporations

Add another company to Bernie Sanders top 10 list of corporate freeloaders.  Today BusinessWeek reports Whirlpool hasn't paid any federal income tax in 3 years! In 2010 they received a a 62 million dollar tax benefit.  Perhaps we should start referring to Whirlpool, GE and the other companies who haven't been paying their taxes as Welfare Queen Corporations.  To hell with cutting Head Start, its time to raise revenues.

The McCaskill/Corker spending cap

Robert Rich explains "Lipstick on a pig plan"

The Republicons want to destroy MediCare and Social Security,
here is their latest plan.  Instead of raising revenues or defining specific cuts to programs , its a plan that mandates  "generic spending cuts".  That just means those without any political clout get their benefits cut:  the poor, the retired, women and minorities.  We need to raise revenues not cut the social safety net.

Dean Baker's post about the plan

Robert Rich's post about the plan on his blog

Sign a letter Urging Congress to Raise Revenues by Ending Corporate Subsidies

See Bernie's Top Ten List of Corporate Freeloaders for a shameful list of large corporations that pay no taxes.  We need to raise revenues preferably by taxing the wealthy and making sure corporations pay their fair share.  If low tax rates are good for the economy, then the  last 10 years should show record growth.  Instead, the last decade with the Bush tax cuts in place have seen a prominent and continuing decline.   Citizens for Tax Justice  have been working for a fair and sustaining tax system.
They have an excellent editorial here.
The revenue enhancing policy explained here.   
You can sign a letter encouraging an end to corporate subsidies and loopholes and raise revenues for public services from the CTJ here.

Tell Congress: End oil subsidies

Exxon posts 10.7 billion first quarter profits.  That's 4.9 million dollars and hour, 24/7.   They really must need the 4 billion dollar oil and gas subsidy that every Republican voted to keep in place last month.
Sign the petition urging congress to end big oil subsidies

Petition to stop Paul Ryans Budget

Like the idea of abolishing medicare and giving the savings to the rich in reduced taxes?  Especially, since the rich have the lowest tax rate since 1930?  But, hey, they want to give seniors a 6000 dollar voucher.  Think a 6,000 dollar voucher will buy health insurance for a 66 year old with a history of heart problems?  Think you could get a health insurance policy if you need hip replacement?
There is a petition telling Paul Ryan: Hands Off My Grandma.
http://handsoffmygrandma.com/  The web site is paid for by Rob Zerban who happens to be running for congress. Can you guess where and who he is running against?  

Bernie Sanders top 10 list of corporate freeloaders

Maybe we only have a revenue problem.  This is outrageous, we need to go back to the "golden age" of the 1950's when everyone paid taxes and the highest rate was at 90%.   Moveon.org is sponsoring a drive to get people to share this poster on Facebook.  Since I don't do facebook this is my contribution.

This man is NO patriot

 F-35 Joint Strike Fighter

For 5 Years the defense department has been trying to kill a program that builds a second engine for the F-35 Joint Strike Fighter.  The jet comes with an engine produced by Pratt and Whitney.  There has been considerable lobbying by congress to develop a second engine by GE and Rolls Royce.  The Pentagon has already spent 3 billion dollars  developing the second engine by GE and Rolls Royce.  Would you order a second engine for your Ford pickup with 10,000 miles on it?  This is just a 100 billion dollar giveaway to corporate giant GE.  One of the plants for developing the engine is in John Bohner's home district.  Perhaps that is one of the reasons that they have been unable to kill this wasteful spending program?  Today, the pentagon finally succeeded in deleting the unwanted engine from the budget.  But the head of Obama's job commission Jeffrey Immelt, who is the CEO of GE, wrote a letter to employees saying: "I can assure you we are not going to give up."  No one wants your bloody engine, give it up.  Instead, they'll send off armies of corporate lobbyists with duffel bags full of cash trying to bribe congressman to buy an engine no one in the Defense Department wants.  We're cutting nutrition programs for low income pregnant mothers and Mr. Immelt wants his 100 billion dollar worthless engine contract.  I hope he outsources himself to China.

What if you don't like Paul Ryan's budget or Obama's budget?

Finally, starting to see some coverage of the best budget available.  The people's budget cuts defense, invests in education and infrastructure, raises revenues, protects social security and medicare.  In addition this budget shows a surplus in 10 years without tricks like 2.8% unemployment that showed up in sleazy Paul Ryan's budget.    You can find the whole budget here:
http://cpc.grijalva.house.gov/index.cfm?sectionid=70
Nobel prize winner Paul Krugman likes this budget.
If you like it be sure and add your e-mail address to join the team that invests in people and the environment.