Sarah Palin in 2012: taxes

Showing posts with label taxes. Show all posts

Sunday, September 13, 2009

Monday, July 6, 2009

America's Been Had

Robert Gibbs; "We are going to let the process work its way through."
What kind of doublespeak is that? JC

Hap Tip: Hot Air

Monday, June 29, 2009

There's a 4th of July Tax Protest Tea Party Near You!!!

Use the arrows to move around and click on a balloon near your location to get the exact address and details.

It's awesome!!!

View What’s Next? in a larger map

© Janet Crain

Click here to view all recent Sarah Palin in 2012 posts

Saturday, June 27, 2009

Pelosi-Wax Job Protests Near You

Hat Tip Michelle Malkin

In Chicago:

If you are anywhere near Chicago’s Federal Plaza this afternoon, where the Tax Day Tea Party took place, then be there at 1:00pm for a cap-and-trade protest. Federal Plaza is at 230 S. Dearborn.

In Orlando. And in Canton, Ohio.

In Upland, Calif.: noon at the corner of Foothill/Euclid.

In Atlanta via Barracuda Babes:

Saturday, June 27, 200912:00 noon
State Capitol

Bring signs in Opposition to Cap and Tax
Ideas include: Cap and Tax, Cap and Traitors, Cap and tr8tors, No Taxation without Reading the Bill, Tea Party Patriots Vote

If you are not in metro Atlanta, protest at the Federal Building in your county.

Arizona protest info at Arizona Tea Party.

More at Tea Party Patriots.

Don’t forget to let the GOP Cap-and-Tax 8 hear from you.

If anyone has the Houston location or any others, please post it here in comments.

© Janet Crain

Click here to view all recent Sarah Palin in 2012 posts

Friday, June 5, 2009

Would Obama's Tax Plan Cost U.S. Income and JOBS?

by Janet Crain
Remember Biden's "three letter word; J-O-B-S?" Well, we can't afford to lose any more. When a patient is hemorrhaging, what kind of doctor opens another artery?

Ballmer Says Tax Would Move Microsoft Jobs Offshore

By Ryan J. Donmoyer

June 3 (Bloomberg) -- Microsoft Corp. Chief Executive Officer Steven Ballmer said the world’s largest software company would move some employees offshore if Congress enacts President Barack Obama’s plans to impose higher taxes on U.S. companies’ foreign profits.

“It makes U.S. jobs more expensive,” Ballmer said in an interview. “We’re better off taking lots of people and moving them out of the U.S. as opposed to keeping them inside the U.S.”

Obama on May 4 proposed outlawing or restricting about $190 billion in tax breaks for offshore companies over the next decade. Such business groups as the National Foreign Trade Council, the U.S. Chamber of Commerce and the Business Roundtable have denounced the proposed overhaul.

U.S. tax rules let companies defer paying corporate rates as high as 35 percent on most types of foreign profits as long as that money remains invested overseas. Obama says he wants to end such incentives to keep foreign profits tax-deferred so that companies would invest them in the U.S.

Microsoft reported an overall effective tax rate of 26 percent for 2008 in its last annual report. “Our effective tax rates are less than the statutory tax rate due to foreign earnings taxed at lower rates,” the report said.

Barry Bosworth, an economist in Washington at the Brookings Institution research center, said many software companies such as Microsoft have exploited tax and trade rules in the U.S. and other countries to achieve a low overall tax rate.

Cont. here:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aAKluP7yIwJY

© Janet Crain

Click here to view all recent Sarah Palin in 2012 posts

Wednesday, May 20, 2009

Life Down the *Rabbit Hole

by Janet Crain
Imagine if Patrick Henry had said: "Give me taxes or give me death". I believe our side would have obliged him at the nearest oak tree.

Is Colin Powell going senile? In 1995 and 1996 he stated the exact opposite of this. Has he sucked down so much Obama-aide he can't think straight? Does he really believe he has a position in the Republican Party? Other than the facetious HOTRP position given to him by Rush Limbaugh?

"The Republican Party is in deep trouble," Powell told corporate security executives at a conference in Washington sponsored by Fortify Software Inc. The party must realize that the country has changed, he said. "Americans do want to pay taxes for services," he said. "Americans are looking for more government in their life, not less."

The Republican Party is in big trouble and needs to find a way to move back to the middle of the country, former Secretary of State Colin Powell said Monday.

Powell said the GOP is "getting smaller and smaller" and "that's not good for the nation." He also said he hopes that emerging GOP leaders, such as House Minority Whip Cantor, will not keep repeating mantras of the far right.

"The Republican Party is in deep trouble," Powell told corporate security executives at a conference in Washington sponsored by Fortify Software Inc. The party must realize that the country has changed, he said. "Americans do want to pay taxes for services," he said. "Americans are looking for more government in their life, not less."

Powell, secretary of State during the first term of former President George W. Bush, made waves last year when he came out for the Democratic presidential candidate, then-Sen. Barack Obama of Illinois. Powell described the 2008 GOP candidate, Sen. John McCain of Arizona, as "a beloved friend" but said he told him last summer that the party had developed a reputation for being mean-spirited and driven more by social conservatism than the economic problems that Americans faced.

Powell also criticized other GOP leaders, for bowing too much to the right.

He blasted radio commentator Rush Limbaugh, saying he does not believe that Limbaugh or conservative icon Ann Coulter serve the party well. He said the party lacks a "positive" spokesperson. "I think what Rush does as an entertainer diminishes the party and intrudes or inserts into our public life a kind of nastiness that we would be better to do without," Powell said.

He also said that Alaska Gov. Sarah Palin, McCain's running mate last year, is "a very accomplished person" but became "a very polarizing figure." He said the polarization was created by Palin's advisers.

http://www.nationaljournal.com/congressdaily/print_friendly.php?ID=cda_20090505_8843

*Rabbit Hole

In Lewis Carroll's Alice's Adventures in Wonderland, Alice follows a mysterious white rabbit into a rabbit hole to enter 'Wonderland', an absurd and improbable world inhabited by many strange characters.

Saturday, March 21, 2009

Tea Party Song Going Viral

http://www.youtube.com/watch?v=z2H8xHFXC8U&feature=player_embedded

© Janet Crain

Click here to view all recent Sarah Palin in 2012 posts

Wednesday, February 25, 2009

Has Michelle Obama Been Stiffing The IRS Too?

Michelle Obama Accepting Fashion Freebies

Monday, February 23, 2009 12:46 PM

By: Ronald Kessler

Article Font Size

For years, the press excoriated Nancy Reagan for borrowing clothes and jewelry from designers. Yet Michelle Obama has been doing the same thing — without any outcry from the media.

Accountants say that the first lady’s practice of borrowing both clothes and jewelry raises major tax and disclosure issues, not to mention ethical questions.

“The transactions are clearly taxable,” says Richard Rampell, a Palm Beach, Fla., accountant whose clients include several of the island’s billionaires. “The designers are indirectly paying Michelle Obama to go and display their wares. And they get a huge economic value for it, just as if they were paying a model to do this. If they are paying her in this indirect way by lending her their clothes, then she is actually performing a service for the designer, and she should have to recognize as income whatever the value is of the clothes that she got.”

Aside from the tax implications, Obama is obligated to report the value of the clothes she has received free of charge on government forms mandated by the Ethics in Government Act.

The items Obama has either borrowed or received free have included a $17,313 pair of Loree Rodkin diamond earrings and clothes and gowns worth $1,000 to $6,000. In some cases, Michelle Obama’s representatives have said she will donate the items to the Smithsonian.

That makes no difference, Rampell says.

“If somebody gives her a dress and it’s worth $6,000, and she’s not expected to return it, then she has $6,000 worth of income, or she’s received a $6,000 gift,” he says. “I’m sure that the company is deducting the cost of that dress — the cost of manufacturing, the design, the materials and all that other stuff. And then when she gives it away to the charity, then she gets a charitable contribution for it.”

While some articles in the press have reported that the clothes or jewelry were given to her free of charge or lent to her, none has criticized Obama or compared her practices with Nancy Reagan’s. Instead, the articles have swooned over her fashion sense.

“All Hail the Leader of the Fashionable World” was the headline on a Jan. 21 Washington Post story. In the 14th paragraph the story mentioned that the diamond earrings had been lent to Obama. The story quoted Katie McCormick Lelyveld, the first lady’s press secretary, as saying she paid for her inauguration clothes. But a subsequent Feb. 12 New York Times story quoted the designers themselves as saying they did not charge the Obamas.

cont. here:

http://www.newsmax.com/kessler/michelle_obama_fashion/2009/02/23/184613.html

© Janet Crain

Click here to view all recent Sarah Palin in 2012 posts

Saturday, February 7, 2009

Don't Cry for Me, Argentina

Close associates of Tom Daschle say he has 'nicely recovered' from the contretemps in the Senate, now that he has returned to his $1M+/year 'advising/consulting' business, distributing milllions in 'contributions' to compliant Congressfolk on behalf of his clients, and free to cheat on and avoid his taxes without troublesome 'political scrutiny'. 'Also', Tom said', I've upgraded my friends and my ride. I'm now cruising the city in a borrowed stretch-Bentley'.

Comment found on this site:

http://dyn.politico.com/members/forums/thread.cfm?catid=7&subcatid=41&threadid=2019764