A new Merrill/Morrison Institute poll in Arizona finds Mitt Romney barely leading President Obama in a general election match up, 42% to 40%, with another 18% undecided.
Said pollster Bruce Merrill: "The eventual outcome also may be dependent on whether former Surgeon General Richard Carmona can mount a vigorous campaign for retiring Sen. John Kyl's seat, a campaign that would stimulate turnout in the Hispanic community. While I think if the election were held today Romney probably would win, it appears Obama can mount a competitive campaign in Arizona."
tbst--being the only person posting greatly reduces the chance of getting flamed by other forum members!
Sen. Richard Lugar defended himself during an appearance in Indianapolis on Monday that came days after opponents claimed that he isn't qualified to run for office because he doesn't live in the state.
Lugar said two attorneys general have affirmed his position that the Indianapolis address on his Indiana driver's license is valid, even though he sold that home in 1977.
Lugar said he and his wife sold their house in Indianapolis because the only way they could afford to keep the family together and be part of their sons' school and after-school activities was to move to Washington, D.C. full time and buy a home there.
"We had a home that we had built in Indianapolis with room for our four boys and our family. It was too expensive, at least for us at that time in our lives, to maintain two houses," Lugar said. "So we sold the house the following year after we had been elected."
I think this is more opinion than fact. The stimulous was GWs as well as Obama's and as of April 2012, roughly 2 months after he took office, the US had shed > 8 million jobs since September 2011. Pretty crazy. Those jobs have only partly come back.
I think Obama holds blame for being too willing to appease the right, to centrist to the point where he no longer has a base at all. We probably wouldnt even be talking about the "Buffett rule" if OWS had not occured.
Anyways, it is this simple:
If you support trickle down econimics vote Romney.
If you support talking about progressive policies but carying on GW's policies then vote Obama.
If you support anything else vote Ron Paul.
I live in San diego and Obama has already won this state but I'll be voting RP.
Anyways, it is this simple:
If you support trickle down econimics vote Romney.
If you support talking about progressive policies but carying on GW's policies then vote Obama.
If you support anything else vote Ron Paul.
I live in San diego and Obama has already won this state but I'll be voting RP.
How is that Exxon paid $0 in taxes and everyone is ok with that?
Two dozen Fortune 500 companies paid no corporate income taxes in 2011
The Center for Tax Justice has an update to the big report they issued last November, detailing how much the Fortune 500 corporations paid, or avoided, in taxes. They found then that "30 of the companies paid no net federal income tax from 2008 through 2010." None. Nada. Zip.
In their follow-up, they find that 24 of these companies avoided paying taxes again in 2011.
In fact, all but four of the 30 companies remained in the no-federal-income-tax category over the 2008-11 period.
Over the four years:
26 of the 30 companies continued to enjoy negative federal income tax rates. That means they still made more money after tax than before tax over the four years!
Of the remaining four companies, three paid four-year effective tax rates of less than 4 percent (specifically, 0.2%, 2.0% and 3.8%). One company paid a 2008-11 tax rate of 10.9 percent.
In total, 2008-11 federal income taxes for the 30 companies remained negative, despite $205 billion in pretax U.S. profits. Overall, they enjoyed an average effective federal income tax rate of –3.1 percent over the four years.
You read that right. These 30 companies had an effective negative tax rate of –3.1 since 2008.
So how much federal revenue was missed out on in those four years? Or, more to the point, how much did all the rest of us schlubs who actually pay our taxes end up subsidizing those companies over the last four years?
That would be $78.3 billion, that's how much they received in tax subsidies by avoiding the 35 percent tax rate they're supposed to be paying. "Wells Fargo alone garnered $21.6 billion in tax subsidies over the four years, followed by General Electric ($10.6 billion), Verizon ($7.7 billion), and Boeing ($6.0 billion)."
Meanwhile, the Republican budget (the Romney-Ryan budget) would cut the corporate tax rate from 35 percent to 25 percent. Maybe they're shooting for a –10 percent tax rate for corporations. Rep. Paul Ryan says that of course that massive tax break, as well as the one for millionaires, will be revenue neutral, and they'll somehow magically find enough tax loopholes to close to make up the difference. He just can't tell us which loopholes. That's super secret information. Of course, even if he does have real loopholes in mind, a revenue neutral plan would still mean that American taxpayers would be cheated out of about $20 billion a year that these companies should have paid.