I Have A Question For Republicans

[eddiew]

Simple question.

Please share with us all the RATE of blacks and whites on welfare, food stamps, Medicaid and whatever.

Same inane baits by slow-witted right wing hicks.....The ISSUE is whether welfare recipients are bribed into voting for democrats AND the dilemma faced by these same hicks as to why WHITES who also receive welfare are too dumb to vote for their own best interests and instead vote, republican......

(I typed the above real slllllllooooowww so that even hicks could comprehend.)

Thank you! Once again my Progressive good friends are AFRAID to post the truth and FACTS.

Who might be surprised? Still a chance for you, what is the RATE of blacks and whites on welfare, food stamps, and other forms of welfare? Come on, no guts, no glory!

Can we include all the big businesses on welfare that pay no taxes and get millions of dollars in grants etc etc ??

Who is that?

This should answer your question and theres more
The next time you hear someone complain about how the poor get “all this free stuff,” show them this.

A small number of incredibly wealthy Americans are ridiculing Bernie Sanders’ base for wanting “free stuff” when the costliest programs are, by far, corporate welfare and entitlements for the top 1 percent. Fox News has been working hard to tear down Sanders’ proposals to provide Medicare for all, institute tuition-free public college, boost infrastructure spending, and expand Social Security.

“That’s not fiscally possible unless the federal government starts seizing private assets,” said Bill O’Reilly.

But O’Reilly is wrong. The money for Sanders’ platform can easily come from eliminating the costliest entitlement programs for the top 1 percent and multinational corporations. Here’s a breakdown of the most superfluous giveaways to the rich and how much they cost the rest of us:

1. Tax Breaks for obscene CEO bonuses ($7 billion/year)
Currently, the biggest corporations are exploiting a 20-year-old loophole that allows them to write off inflated compensation packages for CEOs, billing stock options, and performance-based bonuses to taxpayers. In 2010, the Economic Policy Institute found out that the biggest corporations cost Americans $7 billionby writing off inflated executive pay. Between 2007 and 2010, this loophole accounted for more than $30 billion in corporate welfare. According to The Guardian, fast food industry CEOs cost taxpayers $64 million through this loophole.

That $7 billion could singlehandedly fund the annual budget for the National Science Foundation — which, as I recently reported for US Uncut, funds 11,000 scientific research projects each year and has funded 26 Nobel laureates in the last 5 years.

2. Tax cuts for luxury corporate jets ($300 million/year)
Currently, corporations can claim a huge tax deduction every year by writing off purchases of corporate jets, lavish cars, and chauffeurs as “security” for their top executives. A Bloomberg analysis from 2011 showed that these tax breaks for some of the wealthiest Americans cost the rest of us $300 million each year. While that may not sound like much, that’s approximately 50 percent of theannual budget for the Consumer Financial Protection Bureau, the brainchild of Elizabeth Warren that protects Americans from the financial sector’s most predatory schemes.

3. Big oil subsidies ($37.5 billion/year)
According to Oil Change International (OCI), the U.S. government spends anywhere between $10 billion and $52 billion per year on corporate welfare for the fossil fuel industry — one of the wealthiest industries in the world. OCI estimated that total combined subsidies to big oil approached $37.5 billion in 2014, which includes $21 billion on production and exploration subsidies.

These subsidies alone cost more than what we currently spend on providing rental assistance for low-income families. In 2013, the department of Housing and Urban Development allocated a total of $34.3 billion toward tenant-based rental assistance ($19 billion), project-based rental assistance ($8.7 billion), and general public housing programs ($6.6 billion). These programs helped 4.5 million families — half of whom are elderly — keep a roof over their head.

4. Pharmaceutical subsidies ($270 billion/year)
As US Uncut has previously reported, the pharmaceutical industry costs taxpayers roughly $270 billion a year when accounting for the cost we pay for life-saving drugs whose patents have been bought up by Big Pharma. This is over $1,914 per household in corporate welfare. This is partly due to the Medicare Part D bill that George W. Bush signed into law in 2003, which prevents Medicare from negotiating drug prices with pharmaceutical companies. But the biggest drug companies also make a pretty penny (a combined $711 billion in profits between 2003 and 2012) by buying patents for drugs that were largely developed with taxpayer-funded research, then jacking up the price by absurd amounts after cornering the market.


Combined profits of top pharma companies. Data courtesy of healthcareforamericanow.org.

This $270 billion annual subsidy could be virtually eliminated by passing Bernie Sanders’ bill to establish a government fund that buys up drug patents as soon as they become available for purchase. Then, the government would sell drugs at-cost to save money for those who need them. The money saved could pay for the annual $270 billion in insurance costs from Obamacare that would help more Americans get access to healthcare.

5. Capital gains tax breaks ($51 billion/year)
When anyone makes money from selling off investments, the IRS classifies that as capital gains, which are taxed at a lower rate (20 percent as of 2012) than real, actual work (35 percent). Pew Research found that 53 percent of Americans own no stock at all, and out of the 47 percen

 

[80zephyr]

Stop being a fucking idiot, the plantation is programs (welfare state) the dems use. Gawd you are one stupid son of a bitch

OK, lets; "test" your theory........Does the BULK of the welfare payments go to blacks or to whites?

Whites. As it should be. Whites make up 72.4% of the population, and the whites on welfare number about 11.6 million. Blacks make up 12.6% of the population, yet about 11.3 million blacks are on welfare.

We have discussed your grandchild knowing math earlier, maybe now you can tell me something about the math of this situation?

Mark

 

[eddiew]

Stop being a fucking idiot, the plantation is programs (welfare state) the dems use. Gawd you are one stupid son of a bitch

OK, lets; "test" your theory........Does the BULK of the welfare payments go to blacks or to whites?

Whites. As it should be. Whites make up 72.4% of the population, and the whites on welfare number about 11.6 million. Blacks make up 12.6% of the population, yet about 11.3 million blacks are on welfare.

We have discussed your grandchild knowing math earlier, maybe now you can tell me something about the math of this situation?

Mark

Heres more math
The next time you hear someone complain about how the poor get “all this free stuff,” show them this.

A small number of incredibly wealthy Americans are ridiculing Bernie Sanders’ base for wanting “free stuff” when the costliest programs are, by far, corporate welfare and entitlements for the top 1 percent. Fox News has been working hard to tear down Sanders’ proposals to provide Medicare for all, institute tuition-free public college, boost infrastructure spending, and expand Social Security.

“That’s not fiscally possible unless the federal government starts seizing private assets,” said Bill O’Reilly.

But O’Reilly is wrong. The money for Sanders’ platform can easily come from eliminating the costliest entitlement programs for the top 1 percent and multinational corporations. Here’s a breakdown of the most superfluous giveaways to the rich and how much they cost the rest of us:

1. Tax Breaks for obscene CEO bonuses ($7 billion/year)
Currently, the biggest corporations are exploiting a 20-year-old loophole that allows them to write off inflated compensation packages for CEOs, billing stock options, and performance-based bonuses to taxpayers. In 2010, the Economic Policy Institute found out that the biggest corporations cost Americans $7 billionby writing off inflated executive pay. Between 2007 and 2010, this loophole accounted for more than $30 billion in corporate welfare. According to The Guardian, fast food industry CEOs cost taxpayers $64 million through this loophole.

That $7 billion could singlehandedly fund the annual budget for the National Science Foundation — which, as I recently reported for US Uncut, funds 11,000 scientific research projects each year and has funded 26 Nobel laureates in the last 5 years.

2. Tax cuts for luxury corporate jets ($300 million/year)
Currently, corporations can claim a huge tax deduction every year by writing off purchases of corporate jets, lavish cars, and chauffeurs as “security” for their top executives. A Bloomberg analysis from 2011 showed that these tax breaks for some of the wealthiest Americans cost the rest of us $300 million each year. While that may not sound like much, that’s approximately 50 percent of theannual budget for the Consumer Financial Protection Bureau, the brainchild of Elizabeth Warren that protects Americans from the financial sector’s most predatory schemes.

3. Big oil subsidies ($37.5 billion/year)
According to Oil Change International (OCI), the U.S. government spends anywhere between $10 billion and $52 billion per year on corporate welfare for the fossil fuel industry — one of the wealthiest industries in the world. OCI estimated that total combined subsidies to big oil approached $37.5 billion in 2014, which includes $21 billion on production and exploration subsidies.

These subsidies alone cost more than what we currently spend on providing rental assistance for low-income families. In 2013, the department of Housing and Urban Development allocated a total of $34.3 billion toward tenant-based rental assistance ($19 billion), project-based rental assistance ($8.7 billion), and general public housing programs ($6.6 billion). These programs helped 4.5 million families — half of whom are elderly — keep a roof over their head.

4. Pharmaceutical subsidies ($270 billion/year)
As US Uncut has previously reported, the pharmaceutical industry costs taxpayers roughly $270 billion a year when accounting for the cost we pay for life-saving drugs whose patents have been bought up by Big Pharma. This is over $1,914 per household in corporate welfare. This is partly due to the Medicare Part D bill that George W. Bush signed into law in 2003, which prevents Medicare from negotiating drug prices with pharmaceutical companies. But the biggest drug companies also make a pretty penny (a combined $711 billion in profits between 2003 and 2012) by buying patents for drugs that were largely developed with taxpayer-funded research, then jacking up the price by absurd amounts after cornering the market.


Combined profits of top pharma companies. Data courtesy of healthcareforamericanow.org.

This $270 billion annual subsidy could be virtually eliminated by passing Bernie Sanders’ bill to establish a government fund that buys up drug patents as soon as they become available for purchase. Then, the government would sell drugs at-cost to save money for those who need them. The money saved could pay for the annual $270 billion in insurance costs from Obamacare that would help more Americans get access to healthcare.

5. Capital gains tax breaks ($51 billion/year)
When anyone makes money from selling off investments, the IRS classifies that as capital gains, which are taxed at a lower rate (20 percent as of 2012) than real, actual work (35 percent). Pew Research found that 53 percent of Americans own no stock at all, and out of the 47 percen

 

[80zephyr]

Figures lie and lies figure. Maybe you should ask your grandchild to explain it to you?

Mark

 

[kaz]

Simple question.

Please share with us all the RATE of blacks and whites on welfare, food stamps, Medicaid and whatever.

Same inane baits by slow-witted right wing hicks.....The ISSUE is whether welfare recipients are bribed into voting for democrats AND the dilemma faced by these same hicks as to why WHITES who also receive welfare are too dumb to vote for their own best interests and instead vote, republican......

(I typed the above real slllllllooooowww so that even hicks could comprehend.)

Thank you! Once again my Progressive good friends are AFRAID to post the truth and FACTS.

Who might be surprised? Still a chance for you, what is the RATE of blacks and whites on welfare, food stamps, and other forms of welfare? Come on, no guts, no glory!

Can we include all the big businesses on welfare that pay no taxes and get millions of dollars in grants etc etc ??

Who is that?

This should answer your question and theres more
The next time you hear someone complain about how the poor get “all this free stuff,” show them this.

A small number of incredibly wealthy Americans are ridiculing Bernie Sanders’ base for wanting “free stuff” when the costliest programs are, by far, corporate welfare and entitlements for the top 1 percent. Fox News has been working hard to tear down Sanders’ proposals to provide Medicare for all, institute tuition-free public college, boost infrastructure spending, and expand Social Security.

“That’s not fiscally possible unless the federal government starts seizing private assets,” said Bill O’Reilly.

But O’Reilly is wrong. The money for Sanders’ platform can easily come from eliminating the costliest entitlement programs for the top 1 percent and multinational corporations. Here’s a breakdown of the most superfluous giveaways to the rich and how much they cost the rest of us:

1. Tax Breaks for obscene CEO bonuses ($7 billion/year)
Currently, the biggest corporations are exploiting a 20-year-old loophole that allows them to write off inflated compensation packages for CEOs, billing stock options, and performance-based bonuses to taxpayers. In 2010, the Economic Policy Institute found out that the biggest corporations cost Americans $7 billionby writing off inflated executive pay. Between 2007 and 2010, this loophole accounted for more than $30 billion in corporate welfare. According to The Guardian, fast food industry CEOs cost taxpayers $64 million through this loophole.

That $7 billion could singlehandedly fund the annual budget for the National Science Foundation — which, as I recently reported for US Uncut, funds 11,000 scientific research projects each year and has funded 26 Nobel laureates in the last 5 years.

2. Tax cuts for luxury corporate jets ($300 million/year)
Currently, corporations can claim a huge tax deduction every year by writing off purchases of corporate jets, lavish cars, and chauffeurs as “security” for their top executives. A Bloomberg analysis from 2011 showed that these tax breaks for some of the wealthiest Americans cost the rest of us $300 million each year. While that may not sound like much, that’s approximately 50 percent of theannual budget for the Consumer Financial Protection Bureau, the brainchild of Elizabeth Warren that protects Americans from the financial sector’s most predatory schemes.

3. Big oil subsidies ($37.5 billion/year)
According to Oil Change International (OCI), the U.S. government spends anywhere between $10 billion and $52 billion per year on corporate welfare for the fossil fuel industry — one of the wealthiest industries in the world. OCI estimated that total combined subsidies to big oil approached $37.5 billion in 2014, which includes $21 billion on production and exploration subsidies.

These subsidies alone cost more than what we currently spend on providing rental assistance for low-income families. In 2013, the department of Housing and Urban Development allocated a total of $34.3 billion toward tenant-based rental assistance ($19 billion), project-based rental assistance ($8.7 billion), and general public housing programs ($6.6 billion). These programs helped 4.5 million families — half of whom are elderly — keep a roof over their head.

4. Pharmaceutical subsidies ($270 billion/year)
As US Uncut has previously reported, the pharmaceutical industry costs taxpayers roughly $270 billion a year when accounting for the cost we pay for life-saving drugs whose patents have been bought up by Big Pharma. This is over $1,914 per household in corporate welfare. This is partly due to the Medicare Part D bill that George W. Bush signed into law in 2003, which prevents Medicare from negotiating drug prices with pharmaceutical companies. But the biggest drug companies also make a pretty penny (a combined $711 billion in profits between 2003 and 2012) by buying patents for drugs that were largely developed with taxpayer-funded research, then jacking up the price by absurd amounts after cornering the market.


Combined profits of top pharma companies. Data courtesy of healthcareforamericanow.org.

This $270 billion annual subsidy could be virtually eliminated by passing Bernie Sanders’ bill to establish a government fund that buys up drug patents as soon as they become available for purchase. Then, the government would sell drugs at-cost to save money for those who need them. The money saved could pay for the annual $270 billion in insurance costs from Obamacare that would help more Americans get access to healthcare.

5. Capital gains tax breaks ($51 billion/year)
When anyone makes money from selling off investments, the IRS classifies that as capital gains, which are taxed at a lower rate (20 percent as of 2012) than real, actual work (35 percent). Pew Research found that 53 percent of Americans own no stock at all, and out of the 47 percen

How dare businesses write off their expenses. Shouldn't be allowed, I feel you

 

[80zephyr]

Simple question.

Please share with us all the RATE of blacks and whites on welfare, food stamps, Medicaid and whatever.

Same inane baits by slow-witted right wing hicks.....The ISSUE is whether welfare recipients are bribed into voting for democrats AND the dilemma faced by these same hicks as to why WHITES who also receive welfare are too dumb to vote for their own best interests and instead vote, republican......

(I typed the above real slllllllooooowww so that even hicks could comprehend.)

Thank you! Once again my Progressive good friends are AFRAID to post the truth and FACTS.

Who might be surprised? Still a chance for you, what is the RATE of blacks and whites on welfare, food stamps, and other forms of welfare? Come on, no guts, no glory!

Can we include all the big businesses on welfare that pay no taxes and get millions of dollars in grants etc etc ??

We should. However, don't misunderstand "not paying taxes" for getting to keep the money.

Mark

 

[80zephyr]

Stop being a fucking idiot, the plantation is programs (welfare state) the dems use. Gawd you are one stupid son of a bitch

OK, lets; "test" your theory........Does the BULK of the welfare payments go to blacks or to whites?

Whites. As it should be. Whites make up 72.4% of the population, and the whites on welfare number about 11.6 million. Blacks make up 12.6% of the population, yet about 11.3 million blacks are on welfare.

We have discussed your grandchild knowing math earlier, maybe now you can tell me something about the math of this situation?

Mark

Heres more math
The next time you hear someone complain about how the poor get “all this free stuff,” show them this.

A small number of incredibly wealthy Americans are ridiculing Bernie Sanders’ base for wanting “free stuff” when the costliest programs are, by far, corporate welfare and entitlements for the top 1 percent. Fox News has been working hard to tear down Sanders’ proposals to provide Medicare for all, institute tuition-free public college, boost infrastructure spending, and expand Social Security.

“That’s not fiscally possible unless the federal government starts seizing private assets,” said Bill O’Reilly.

But O’Reilly is wrong. The money for Sanders’ platform can easily come from eliminating the costliest entitlement programs for the top 1 percent and multinational corporations. Here’s a breakdown of the most superfluous giveaways to the rich and how much they cost the rest of us:

1. Tax Breaks for obscene CEO bonuses ($7 billion/year)
Currently, the biggest corporations are exploiting a 20-year-old loophole that allows them to write off inflated compensation packages for CEOs, billing stock options, and performance-based bonuses to taxpayers. In 2010, the Economic Policy Institute found out that the biggest corporations cost Americans $7 billionby writing off inflated executive pay. Between 2007 and 2010, this loophole accounted for more than $30 billion in corporate welfare. According to The Guardian, fast food industry CEOs cost taxpayers $64 million through this loophole.

That $7 billion could singlehandedly fund the annual budget for the National Science Foundation — which, as I recently reported for US Uncut, funds 11,000 scientific research projects each year and has funded 26 Nobel laureates in the last 5 years.

2. Tax cuts for luxury corporate jets ($300 million/year)
Currently, corporations can claim a huge tax deduction every year by writing off purchases of corporate jets, lavish cars, and chauffeurs as “security” for their top executives. A Bloomberg analysis from 2011 showed that these tax breaks for some of the wealthiest Americans cost the rest of us $300 million each year. While that may not sound like much, that’s approximately 50 percent of theannual budget for the Consumer Financial Protection Bureau, the brainchild of Elizabeth Warren that protects Americans from the financial sector’s most predatory schemes.

3. Big oil subsidies ($37.5 billion/year)
According to Oil Change International (OCI), the U.S. government spends anywhere between $10 billion and $52 billion per year on corporate welfare for the fossil fuel industry — one of the wealthiest industries in the world. OCI estimated that total combined subsidies to big oil approached $37.5 billion in 2014, which includes $21 billion on production and exploration subsidies.

These subsidies alone cost more than what we currently spend on providing rental assistance for low-income families. In 2013, the department of Housing and Urban Development allocated a total of $34.3 billion toward tenant-based rental assistance ($19 billion), project-based rental assistance ($8.7 billion), and general public housing programs ($6.6 billion). These programs helped 4.5 million families — half of whom are elderly — keep a roof over their head.

4. Pharmaceutical subsidies ($270 billion/year)
As US Uncut has previously reported, the pharmaceutical industry costs taxpayers roughly $270 billion a year when accounting for the cost we pay for life-saving drugs whose patents have been bought up by Big Pharma. This is over $1,914 per household in corporate welfare. This is partly due to the Medicare Part D bill that George W. Bush signed into law in 2003, which prevents Medicare from negotiating drug prices with pharmaceutical companies. But the biggest drug companies also make a pretty penny (a combined $711 billion in profits between 2003 and 2012) by buying patents for drugs that were largely developed with taxpayer-funded research, then jacking up the price by absurd amounts after cornering the market.


Combined profits of top pharma companies. Data courtesy of healthcareforamericanow.org.

This $270 billion annual subsidy could be virtually eliminated by passing Bernie Sanders’ bill to establish a government fund that buys up drug patents as soon as they become available for purchase. Then, the government would sell drugs at-cost to save money for those who need them. The money saved could pay for the annual $270 billion in insurance costs from Obamacare that would help more Americans get access to healthcare.

5. Capital gains tax breaks ($51 billion/year)
When anyone makes money from selling off investments, the IRS classifies that as capital gains, which are taxed at a lower rate (20 percent as of 2012) than real, actual work (35 percent). Pew Research found that 53 percent of Americans own no stock at all, and out of the 47 percen

Have you ever ran a business?

Mark

 

[eddiew]

Same inane baits by slow-witted right wing hicks.....The ISSUE is whether welfare recipients are bribed into voting for democrats AND the dilemma faced by these same hicks as to why WHITES who also receive welfare are too dumb to vote for their own best interests and instead vote, republican......

(I typed the above real slllllllooooowww so that even hicks could comprehend.)

Thank you! Once again my Progressive good friends are AFRAID to post the truth and FACTS.

Who might be surprised? Still a chance for you, what is the RATE of blacks and whites on welfare, food stamps, and other forms of welfare? Come on, no guts, no glory!

Can we include all the big businesses on welfare that pay no taxes and get millions of dollars in grants etc etc ??

Who is that?

This should answer your question and theres more
The next time you hear someone complain about how the poor get “all this free stuff,” show them this.

A small number of incredibly wealthy Americans are ridiculing Bernie Sanders’ base for wanting “free stuff” when the costliest programs are, by far, corporate welfare and entitlements for the top 1 percent. Fox News has been working hard to tear down Sanders’ proposals to provide Medicare for all, institute tuition-free public college, boost infrastructure spending, and expand Social Security.

“That’s not fiscally possible unless the federal government starts seizing private assets,” said Bill O’Reilly.

But O’Reilly is wrong. The money for Sanders’ platform can easily come from eliminating the costliest entitlement programs for the top 1 percent and multinational corporations. Here’s a breakdown of the most superfluous giveaways to the rich and how much they cost the rest of us:

1. Tax Breaks for obscene CEO bonuses ($7 billion/year)
Currently, the biggest corporations are exploiting a 20-year-old loophole that allows them to write off inflated compensation packages for CEOs, billing stock options, and performance-based bonuses to taxpayers. In 2010, the Economic Policy Institute found out that the biggest corporations cost Americans $7 billionby writing off inflated executive pay. Between 2007 and 2010, this loophole accounted for more than $30 billion in corporate welfare. According to The Guardian, fast food industry CEOs cost taxpayers $64 million through this loophole.

That $7 billion could singlehandedly fund the annual budget for the National Science Foundation — which, as I recently reported for US Uncut, funds 11,000 scientific research projects each year and has funded 26 Nobel laureates in the last 5 years.

2. Tax cuts for luxury corporate jets ($300 million/year)
Currently, corporations can claim a huge tax deduction every year by writing off purchases of corporate jets, lavish cars, and chauffeurs as “security” for their top executives. A Bloomberg analysis from 2011 showed that these tax breaks for some of the wealthiest Americans cost the rest of us $300 million each year. While that may not sound like much, that’s approximately 50 percent of theannual budget for the Consumer Financial Protection Bureau, the brainchild of Elizabeth Warren that protects Americans from the financial sector’s most predatory schemes.

3. Big oil subsidies ($37.5 billion/year)
According to Oil Change International (OCI), the U.S. government spends anywhere between $10 billion and $52 billion per year on corporate welfare for the fossil fuel industry — one of the wealthiest industries in the world. OCI estimated that total combined subsidies to big oil approached $37.5 billion in 2014, which includes $21 billion on production and exploration subsidies.

These subsidies alone cost more than what we currently spend on providing rental assistance for low-income families. In 2013, the department of Housing and Urban Development allocated a total of $34.3 billion toward tenant-based rental assistance ($19 billion), project-based rental assistance ($8.7 billion), and general public housing programs ($6.6 billion). These programs helped 4.5 million families — half of whom are elderly — keep a roof over their head.

4. Pharmaceutical subsidies ($270 billion/year)
As US Uncut has previously reported, the pharmaceutical industry costs taxpayers roughly $270 billion a year when accounting for the cost we pay for life-saving drugs whose patents have been bought up by Big Pharma. This is over $1,914 per household in corporate welfare. This is partly due to the Medicare Part D bill that George W. Bush signed into law in 2003, which prevents Medicare from negotiating drug prices with pharmaceutical companies. But the biggest drug companies also make a pretty penny (a combined $711 billion in profits between 2003 and 2012) by buying patents for drugs that were largely developed with taxpayer-funded research, then jacking up the price by absurd amounts after cornering the market.


Combined profits of top pharma companies. Data courtesy of healthcareforamericanow.org.

This $270 billion annual subsidy could be virtually eliminated by passing Bernie Sanders’ bill to establish a government fund that buys up drug patents as soon as they become available for purchase. Then, the government would sell drugs at-cost to save money for those who need them. The money saved could pay for the annual $270 billion in insurance costs from Obamacare that would help more Americans get access to healthcare.

5. Capital gains tax breaks ($51 billion/year)
When anyone makes money from selling off investments, the IRS classifies that as capital gains, which are taxed at a lower rate (20 percent as of 2012) than real, actual work (35 percent). Pew Research found that 53 percent of Americans own no stock at all, and out of the 47 percen

How dare businesses write off their expenses. Shouldn't be allowed, I feel you

Call it anything you want BUT IT"S WELFARE FOR THE RICH

 

[80zephyr]

Percentage of population wise....to blacks. You're dismissed

According to the New York Times blacks comprise 22 percent of the poor, but blacks only take in 14 percent of government benefits. Conversely, whites make up 42 percent of the poor , but take in a disproportionate 69 percent of government benefits.

Wealthy people, who are disproportionately white, receive a higher share of corporate welfare and other tax benefits

This One Fact About Government Benefits Makes White People Look Lazy - Breaking Brown

I hope you don't get all your facts from sites like "Breaking Brown". No wonder you believe crap like this.

Here, from the US Census Bureau:

• The black population: At 41.6 percent, blacks were more likely to participate in government assistance programs in an average month.

o The black participation rate was followed by Hispanics at 36.4 percent, Asians or Pacific
Islanders at 17.8 percent, and non-Hispanic whites at 13.2 percent.

21.3% of US Participates in Government Assistance Programs Each Month

I do tire of schooling you, maybe you should educate yourself BEFORE you join in a political debate?

Mark

 

[eddiew]

Stop being a fucking idiot, the plantation is programs (welfare state) the dems use. Gawd you are one stupid son of a bitch

OK, lets; "test" your theory........Does the BULK of the welfare payments go to blacks or to whites?

Whites. As it should be. Whites make up 72.4% of the population, and the whites on welfare number about 11.6 million. Blacks make up 12.6% of the population, yet about 11.3 million blacks are on welfare.

We have discussed your grandchild knowing math earlier, maybe now you can tell me something about the math of this situation?

Mark

Heres more math
The next time you hear someone complain about how the poor get “all this free stuff,” show them this.

A small number of incredibly wealthy Americans are ridiculing Bernie Sanders’ base for wanting “free stuff” when the costliest programs are, by far, corporate welfare and entitlements for the top 1 percent. Fox News has been working hard to tear down Sanders’ proposals to provide Medicare for all, institute tuition-free public college, boost infrastructure spending, and expand Social Security.

“That’s not fiscally possible unless the federal government starts seizing private assets,” said Bill O’Reilly.

But O’Reilly is wrong. The money for Sanders’ platform can easily come from eliminating the costliest entitlement programs for the top 1 percent and multinational corporations. Here’s a breakdown of the most superfluous giveaways to the rich and how much they cost the rest of us:

1. Tax Breaks for obscene CEO bonuses ($7 billion/year)
Currently, the biggest corporations are exploiting a 20-year-old loophole that allows them to write off inflated compensation packages for CEOs, billing stock options, and performance-based bonuses to taxpayers. In 2010, the Economic Policy Institute found out that the biggest corporations cost Americans $7 billionby writing off inflated executive pay. Between 2007 and 2010, this loophole accounted for more than $30 billion in corporate welfare. According to The Guardian, fast food industry CEOs cost taxpayers $64 million through this loophole.

That $7 billion could singlehandedly fund the annual budget for the National Science Foundation — which, as I recently reported for US Uncut, funds 11,000 scientific research projects each year and has funded 26 Nobel laureates in the last 5 years.

2. Tax cuts for luxury corporate jets ($300 million/year)
Currently, corporations can claim a huge tax deduction every year by writing off purchases of corporate jets, lavish cars, and chauffeurs as “security” for their top executives. A Bloomberg analysis from 2011 showed that these tax breaks for some of the wealthiest Americans cost the rest of us $300 million each year. While that may not sound like much, that’s approximately 50 percent of theannual budget for the Consumer Financial Protection Bureau, the brainchild of Elizabeth Warren that protects Americans from the financial sector’s most predatory schemes.

3. Big oil subsidies ($37.5 billion/year)
According to Oil Change International (OCI), the U.S. government spends anywhere between $10 billion and $52 billion per year on corporate welfare for the fossil fuel industry — one of the wealthiest industries in the world. OCI estimated that total combined subsidies to big oil approached $37.5 billion in 2014, which includes $21 billion on production and exploration subsidies.

These subsidies alone cost more than what we currently spend on providing rental assistance for low-income families. In 2013, the department of Housing and Urban Development allocated a total of $34.3 billion toward tenant-based rental assistance ($19 billion), project-based rental assistance ($8.7 billion), and general public housing programs ($6.6 billion). These programs helped 4.5 million families — half of whom are elderly — keep a roof over their head.

4. Pharmaceutical subsidies ($270 billion/year)
As US Uncut has previously reported, the pharmaceutical industry costs taxpayers roughly $270 billion a year when accounting for the cost we pay for life-saving drugs whose patents have been bought up by Big Pharma. This is over $1,914 per household in corporate welfare. This is partly due to the Medicare Part D bill that George W. Bush signed into law in 2003, which prevents Medicare from negotiating drug prices with pharmaceutical companies. But the biggest drug companies also make a pretty penny (a combined $711 billion in profits between 2003 and 2012) by buying patents for drugs that were largely developed with taxpayer-funded research, then jacking up the price by absurd amounts after cornering the market.


Combined profits of top pharma companies. Data courtesy of healthcareforamericanow.org.

This $270 billion annual subsidy could be virtually eliminated by passing Bernie Sanders’ bill to establish a government fund that buys up drug patents as soon as they become available for purchase. Then, the government would sell drugs at-cost to save money for those who need them. The money saved could pay for the annual $270 billion in insurance costs from Obamacare that would help more Americans get access to healthcare.

5. Capital gains tax breaks ($51 billion/year)
When anyone makes money from selling off investments, the IRS classifies that as capital gains, which are taxed at a lower rate (20 percent as of 2012) than real, actual work (35 percent). Pew Research found that 53 percent of Americans own no stock at all, and out of the 47 percen

Have you ever ran a business?

Mark

I "ran" one for 35 years

 

[80zephyr]

Thank you! Once again my Progressive good friends are AFRAID to post the truth and FACTS.

Who might be surprised? Still a chance for you, what is the RATE of blacks and whites on welfare, food stamps, and other forms of welfare? Come on, no guts, no glory!

Can we include all the big businesses on welfare that pay no taxes and get millions of dollars in grants etc etc ??

Who is that?

This should answer your question and theres more
The next time you hear someone complain about how the poor get “all this free stuff,” show them this.

A small number of incredibly wealthy Americans are ridiculing Bernie Sanders’ base for wanting “free stuff” when the costliest programs are, by far, corporate welfare and entitlements for the top 1 percent. Fox News has been working hard to tear down Sanders’ proposals to provide Medicare for all, institute tuition-free public college, boost infrastructure spending, and expand Social Security.

“That’s not fiscally possible unless the federal government starts seizing private assets,” said Bill O’Reilly.

But O’Reilly is wrong. The money for Sanders’ platform can easily come from eliminating the costliest entitlement programs for the top 1 percent and multinational corporations. Here’s a breakdown of the most superfluous giveaways to the rich and how much they cost the rest of us:

1. Tax Breaks for obscene CEO bonuses ($7 billion/year)
Currently, the biggest corporations are exploiting a 20-year-old loophole that allows them to write off inflated compensation packages for CEOs, billing stock options, and performance-based bonuses to taxpayers. In 2010, the Economic Policy Institute found out that the biggest corporations cost Americans $7 billionby writing off inflated executive pay. Between 2007 and 2010, this loophole accounted for more than $30 billion in corporate welfare. According to The Guardian, fast food industry CEOs cost taxpayers $64 million through this loophole.

That $7 billion could singlehandedly fund the annual budget for the National Science Foundation — which, as I recently reported for US Uncut, funds 11,000 scientific research projects each year and has funded 26 Nobel laureates in the last 5 years.

2. Tax cuts for luxury corporate jets ($300 million/year)
Currently, corporations can claim a huge tax deduction every year by writing off purchases of corporate jets, lavish cars, and chauffeurs as “security” for their top executives. A Bloomberg analysis from 2011 showed that these tax breaks for some of the wealthiest Americans cost the rest of us $300 million each year. While that may not sound like much, that’s approximately 50 percent of theannual budget for the Consumer Financial Protection Bureau, the brainchild of Elizabeth Warren that protects Americans from the financial sector’s most predatory schemes.

3. Big oil subsidies ($37.5 billion/year)
According to Oil Change International (OCI), the U.S. government spends anywhere between $10 billion and $52 billion per year on corporate welfare for the fossil fuel industry — one of the wealthiest industries in the world. OCI estimated that total combined subsidies to big oil approached $37.5 billion in 2014, which includes $21 billion on production and exploration subsidies.

These subsidies alone cost more than what we currently spend on providing rental assistance for low-income families. In 2013, the department of Housing and Urban Development allocated a total of $34.3 billion toward tenant-based rental assistance ($19 billion), project-based rental assistance ($8.7 billion), and general public housing programs ($6.6 billion). These programs helped 4.5 million families — half of whom are elderly — keep a roof over their head.

4. Pharmaceutical subsidies ($270 billion/year)
As US Uncut has previously reported, the pharmaceutical industry costs taxpayers roughly $270 billion a year when accounting for the cost we pay for life-saving drugs whose patents have been bought up by Big Pharma. This is over $1,914 per household in corporate welfare. This is partly due to the Medicare Part D bill that George W. Bush signed into law in 2003, which prevents Medicare from negotiating drug prices with pharmaceutical companies. But the biggest drug companies also make a pretty penny (a combined $711 billion in profits between 2003 and 2012) by buying patents for drugs that were largely developed with taxpayer-funded research, then jacking up the price by absurd amounts after cornering the market.


Combined profits of top pharma companies. Data courtesy of healthcareforamericanow.org.

This $270 billion annual subsidy could be virtually eliminated by passing Bernie Sanders’ bill to establish a government fund that buys up drug patents as soon as they become available for purchase. Then, the government would sell drugs at-cost to save money for those who need them. The money saved could pay for the annual $270 billion in insurance costs from Obamacare that would help more Americans get access to healthcare.

5. Capital gains tax breaks ($51 billion/year)
When anyone makes money from selling off investments, the IRS classifies that as capital gains, which are taxed at a lower rate (20 percent as of 2012) than real, actual work (35 percent). Pew Research found that 53 percent of Americans own no stock at all, and out of the 47 percen

How dare businesses write off their expenses. Shouldn't be allowed, I feel you

Call it anything you want BUT IT"S WELFARE FOR THE RICH

No, its not. The government makes provisions for companies to SINK THEIR PROFITS BACK INTO JOB CREATION to avoid taxes.

They are not even avoiding taxes, they are simply putting off paying taxes to a future date.

Does anyone here research any subject?

Mark

 

[80zephyr]

Stop being a fucking idiot, the plantation is programs (welfare state) the dems use. Gawd you are one stupid son of a bitch

OK, lets; "test" your theory........Does the BULK of the welfare payments go to blacks or to whites?

Whites. As it should be. Whites make up 72.4% of the population, and the whites on welfare number about 11.6 million. Blacks make up 12.6% of the population, yet about 11.3 million blacks are on welfare.

We have discussed your grandchild knowing math earlier, maybe now you can tell me something about the math of this situation?

Mark

Heres more math
The next time you hear someone complain about how the poor get “all this free stuff,” show them this.

A small number of incredibly wealthy Americans are ridiculing Bernie Sanders’ base for wanting “free stuff” when the costliest programs are, by far, corporate welfare and entitlements for the top 1 percent. Fox News has been working hard to tear down Sanders’ proposals to provide Medicare for all, institute tuition-free public college, boost infrastructure spending, and expand Social Security.

“That’s not fiscally possible unless the federal government starts seizing private assets,” said Bill O’Reilly.

But O’Reilly is wrong. The money for Sanders’ platform can easily come from eliminating the costliest entitlement programs for the top 1 percent and multinational corporations. Here’s a breakdown of the most superfluous giveaways to the rich and how much they cost the rest of us:

1. Tax Breaks for obscene CEO bonuses ($7 billion/year)
Currently, the biggest corporations are exploiting a 20-year-old loophole that allows them to write off inflated compensation packages for CEOs, billing stock options, and performance-based bonuses to taxpayers. In 2010, the Economic Policy Institute found out that the biggest corporations cost Americans $7 billionby writing off inflated executive pay. Between 2007 and 2010, this loophole accounted for more than $30 billion in corporate welfare. According to The Guardian, fast food industry CEOs cost taxpayers $64 million through this loophole.

That $7 billion could singlehandedly fund the annual budget for the National Science Foundation — which, as I recently reported for US Uncut, funds 11,000 scientific research projects each year and has funded 26 Nobel laureates in the last 5 years.

2. Tax cuts for luxury corporate jets ($300 million/year)
Currently, corporations can claim a huge tax deduction every year by writing off purchases of corporate jets, lavish cars, and chauffeurs as “security” for their top executives. A Bloomberg analysis from 2011 showed that these tax breaks for some of the wealthiest Americans cost the rest of us $300 million each year. While that may not sound like much, that’s approximately 50 percent of theannual budget for the Consumer Financial Protection Bureau, the brainchild of Elizabeth Warren that protects Americans from the financial sector’s most predatory schemes.

3. Big oil subsidies ($37.5 billion/year)
According to Oil Change International (OCI), the U.S. government spends anywhere between $10 billion and $52 billion per year on corporate welfare for the fossil fuel industry — one of the wealthiest industries in the world. OCI estimated that total combined subsidies to big oil approached $37.5 billion in 2014, which includes $21 billion on production and exploration subsidies.

These subsidies alone cost more than what we currently spend on providing rental assistance for low-income families. In 2013, the department of Housing and Urban Development allocated a total of $34.3 billion toward tenant-based rental assistance ($19 billion), project-based rental assistance ($8.7 billion), and general public housing programs ($6.6 billion). These programs helped 4.5 million families — half of whom are elderly — keep a roof over their head.

4. Pharmaceutical subsidies ($270 billion/year)
As US Uncut has previously reported, the pharmaceutical industry costs taxpayers roughly $270 billion a year when accounting for the cost we pay for life-saving drugs whose patents have been bought up by Big Pharma. This is over $1,914 per household in corporate welfare. This is partly due to the Medicare Part D bill that George W. Bush signed into law in 2003, which prevents Medicare from negotiating drug prices with pharmaceutical companies. But the biggest drug companies also make a pretty penny (a combined $711 billion in profits between 2003 and 2012) by buying patents for drugs that were largely developed with taxpayer-funded research, then jacking up the price by absurd amounts after cornering the market.


Combined profits of top pharma companies. Data courtesy of healthcareforamericanow.org.

This $270 billion annual subsidy could be virtually eliminated by passing Bernie Sanders’ bill to establish a government fund that buys up drug patents as soon as they become available for purchase. Then, the government would sell drugs at-cost to save money for those who need them. The money saved could pay for the annual $270 billion in insurance costs from Obamacare that would help more Americans get access to healthcare.

5. Capital gains tax breaks ($51 billion/year)
When anyone makes money from selling off investments, the IRS classifies that as capital gains, which are taxed at a lower rate (20 percent as of 2012) than real, actual work (35 percent). Pew Research found that 53 percent of Americans own no stock at all, and out of the 47 percen

Have you ever ran a business?

Mark

I "ran" one for 35 years

I misspoke. Have you ever owned a business?

Mark

 

[80zephyr]

Free stuff is the reason, the dems keep the blacks down on the ole plantation and when one wakes up and smells the coffee you assholes label them an Uncle Tom

The above, a "perfect" confirmation why this country overwhelmingly elected a black president.....TWICE, Correct? (The WH is now the "ole plantation"......or so, the moronic right wing "concludes.") LOL

People whine about free stuff when it comes to minorities forgetting that the majority of the population is white! If you look at welfare, food stamps, Medicaid, or any number of benefits, they are making out ok I'm sure! It's still mostly white folks getting the lion share! It's been framed by Republicans that it's only Blacks who are cleaning up with these programs which is total BS! I still get PO'd thinking about Reagan and his diatribe about "welfare queens" and the like! He was so full of s#!t!

Keep reading. You are wrong.

Mark

 

[80zephyr]

If you are saying that Bush and Cheney were such good communicators and such brilliant orators that they convinced the UN and the intelligence services of every country in the world to believe a lie, I think you are really stretching it.

Actually, you're very wrong on this last statement....The rest of the world tacitly thought we were nuts and war-mongering. Our allies' media called us out on it, but those allies' leadership were too fucking "scared" to call Cheney and Bush the liars that they surely were and are.

Every intelligence community on the planet believed Hussein had WMD's. Every. One.

Mark

 

[80zephyr]

So what? African americans make up 13% of the population but use up 25.7% of the SNAP payments.

do you understand proportional distribution?

NO.....the point was raised by one of your ilk that democrats "BRIBE" blacks through welfare into voting democrat......If that were the case, why aren't we "bribing" southern white rednecks into voting democrat?

Unless you are sure of how they vote, how do you know they are not voting Democrat?

Mark

 

[80zephyr]

Are you ready to OPENLY fault Cheney and his sidekick, Bush, for the fiasco...Yes or No?

I've never seen so many Progressives re-write history in their own minds. Here, allow me to assist you...and your comrades.

"The community of nations may see more and more of the very kind of threat Iraq poses now: a rogue state with weapons of mass destruction, ready to use them or provide them to terrorists. If we fail to respond today, Saddam and all those who would follow in his footsteps will be emboldened tomorrow."
- President Clinton in 1998 “

[…], when I say to Saddam Hussein, "You cannot defy the will of the world", and when I say to him, "You have used weapons of mass destruction before; we are determined to deny you the capacity to use them again.”
- President Clinton , Jan. 27, 1998 – State of the Union

"One way or the other, we are determined to deny Iraq the capacity to develop weapons of mass destruction and the missiles to deliver them. That is our bottom line."
- President Clinton, Feb. 4, 1998 .

"If Saddam rejects peace and we have to use force, our purpose is clear. We want to seriously diminish the threat posed by Iraq's weapons of mass destruction program."
- President Bill Clinton, Feb. 17, 1998.

“Earlier today, I ordered America’s armed forces to strike military and security targets in Iraq. They are joined by British forces. Their mission is to attack Iraqis nuclear, chemical and biological weapons programs and its military capacity to threaten its neighbors.”
“Their purpose is to protect the national interest of the United States, and indeed the interests of people throughout the Middle East and around the world.”
“Saddam Hussein must not be allowed to threaten his neighbors or the world with nuclear arms, poison gas or biological weapons.”
- President Bill Clinton, Dec. 16, 1998

"We must stop Saddam from ever again jeopardizing the stability and security of his neighbors with weapons of mass destruction."
- Madeline Albright, Feb 1, 1998 Clinton Secretary of State

"Saddam's goal ... is to achieve the lifting of U.N. sanctions while retaining and enhancing Iraq's weapons of mass destruction programs. We cannot, we must not and we will not let him succeed."
- Madeline Albright, 1998 Clinton Secretary of State

"(Saddam) will rebuild his arsenal of weapons of mass destruction and some day, some way, I am certainhe will use those weapons of mass destruction again, as he has ten times since 1983."
- Sandy Berger, Clinton National Security Adviser, Feb, 18, 1998 "

Update: September 8, 2005 - Sandy Berger, Clinton National Security Adviser was sentenced to community service and probation and fined $50,000 for illegally removing highly classified documents from the National Archives and intentionally destroying some of them..

[W]e urge you, after consulting with Congress, and consistent with the U.S. Constitution and laws, to take necessary actions (including, if appropriate, air and missile strikes on suspect Iraqi sites) to respond effectively to the threat posed by Iraq's refusal to end its weapons of mass destruction programs." Letter to President Clinton.
- (D) Senators Carl Levin, Tom Daschle, John Kerry, others, Oct. 9, 1998 .

"As a member of the House Intelligence Committee, I am keenly aware that the proliferation of chemical and biological weapons is an issue of grave importance to all nations. Saddam Hussein has been engaged in the development of weapons of mass destruction technology which is a threat to countries in the region and he has made a mockery of the weapons inspection process."
- Rep. Nancy Pelosi (D, CA), Dec. 16, 1998 .

"Hussein has ... chosen to spend his money on building weapons of mass destruction and palaces for his cronies."
- Madeline Albright, Clinton Secretary of State, Nov. 10, 1999 .

"We begin with the common belief that Saddam Hussein is a tyrant and a threat to the peace and stability of the region. He has ignored the mandate of the United Nations and is building weapons of mass destruction and the means of delivering them."
- Sen. Carl Levin (D, MI), Sept. 19, 2002

"We know that he has stored secret supplies of biological and chemical weapons throughout his country."
- Al Gore, Sept. 23, 2002 .

"Iraq's search for weapons of mass destruction has proven impossible to deter and we should assume that it will continue for as long as Saddam is in power."
- Al Gore, Sept. 23, 2002.

"We have known for many years that Saddam Hussein is seeking and developing weapons of mass destruction."
- Sen. Ted Kennedy (D, MA), Sept. 27, 2002 .

"The last UN weapons inspectors left Iraq in October of 1998. We are confident that Saddam Hussein retains some stockpiles of chemical and biological weapons, and that he has since embarked on a crash course to build up his chemical and biological warfare capabilities. Intelligence reports indicate that he is seeking nuclear weapons but has not yet achieved nuclear capability."
- Sen. Robert Byrd (D, WV), Oct. 3, 2002.

"I will be voting to give the President of the United States the authority to use force -- if necessary -- to disarm Saddam Hussein because I believe that a deadly arsenal of weapons of mass destruction in his hands is a real and grave threat to our security."
- Sen. John F. Kerry (D, MA), Oct. 9, 2002 .

"In the four years since the inspectors left, intelligence reports show that Saddam Hussein has worked to rebuild his chemical and biological weapons stock, his missile delivery capability, and his nuclear program. He has also given aid, comfort, and sanctuary to terrorists, including al Qaeda members ... It is clear, however, that if left unchecked, Saddam Hussein will continue to increase his capacity to wage biological and chemical warfare, and will keep trying to develop nuclear weapons."
- Sen. Hillary Clinton (D, NY), Oct 10, 2002.

"There is unmistakable evidence that Saddam Hussein is working aggressively to develop nuclear weapons and will likely have nuclear weapons within the next five years ... We also should remember we have always underestimated the progress Saddam has made in development of weapons of mass destruction."
- Sen. Jay Rockefeller (D, WV), Oct 10, 2002.

"Saddam Hussein's regime represents a grave threat to America and our allies, including our vital ally, Israel. For more than two decades, Saddam Hussein has sought weapons of mass destruction through every available means. We know that he has chemical and biological weapons. He has already used them against his neighbors and his own people, and is trying to build more. We know that he is doing everything he can to build nuclear weapons, and we know that each day he gets closer to achieving that goal."
- John Edwards, Oct 10, 2002

"The debate over Iraq is not about politics. It is about national security. It should be clear that our national security requires Congress to send a clear message to Iraq and the world: America is united in its determination to eliminate forever the threat of Iraq's weapons of mass destruction."
- John Edwards, Oct 10, 2002

“We are in possession of what I think to be compelling evidence that Saddam Hussein has, and has had for a number of years, a developing capacity for the production and storage of weapons of mass destruction."
- Sen. Bob Graham (D, FL), Dec. 8, 2002 .

"Without question, we need to disarm Saddam Hussein. He is a brutal, murderous dictator, leading an oppressive regime ... He presents a particularly grievous threat because he is so consistently prone to miscalculation ... And now he is miscalculating America’s response to his continued deceit and his consistent grasp for weapons of mass destruction. That is why the world, through the United Nations Security Council, has spoken with one voice, demanding that Iraq disclose its weapons programs and disarm. So the threat of Saddam Hussein with weapons of mass destruction is real, but it is not new. It has been with us since the end of the Persian Gulf War."
- Sen. John F. Kerry (D, MA), Jan. 23. 2003" (Currently President Barack Hussein Obama’s Secretary of State)

I am absolutely convinced that there are weapons...I saw evidence back in 1998 when we would see the inspectors being barred from gaining entry into a warehouse for three hours with trucks rolling up and then moving those trucks out."
- Clinton's Secretary of Defense William Cohen in April of 2003

"Saddam is gone and good riddance," former President Bill Clinton said yesterday, but he urged President Bush to resist trying to get even with nations that opposed the war.

"There are German and French soldiers in Afghanistan today. Does the President want them to come home?" Clinton said at a Manhattan forum on corporate integrity.

Democrats on Iraq + WMD's (Weapons of Mass Destruction)


He [President Clinton] praised Bush and Defense Secretary Donald Rumsfeld for their handling of the war, but said Bush should have waited longer before attacking for the "chance that either [Saddam Hussein] would have disarmed or . . . we would have had far more members of the Security Council with us."

Clinton also said Bush should not be faulted if banned weapons of mass destruction aren't found.
"I don't think you can criticize the President for trying to act on the belief that they have a substantial amount of chemical and biological stock. . . . That is what I was always told," Clinton said.

- Former President Clinton Wednesday, April 16, 2003

"Could Be One of the Great Achievements of This Administration" The vice president said he’d been to Iraq 17 times and visits the country every three months or so. "I know every one of the major players in all the segments of that society" he said. "It's impressed me. I've been impressed how they have been deciding to use the political process rather than guns to settle their differences."

- Vice President Joe Biden (D) Feb. 10, 2010

How has the war President Barack Hussein Obama said we SHOULD have been fighting going? How is the Middle East going now that President Obama is President? Oh, Afghanistan just crossed 2,330 American fatalities. Seventy percent of whom died since President Obama took office.



And now the Obama administration wants to TAKE CREDIT for the Iraq war…whew….

You just "won" the thread. The denial of reality is astounding.

Mark

 

[eddiew]

Can we include all the big businesses on welfare that pay no taxes and get millions of dollars in grants etc etc ??

Who is that?

This should answer your question and theres more
The next time you hear someone complain about how the poor get “all this free stuff,” show them this.

A small number of incredibly wealthy Americans are ridiculing Bernie Sanders’ base for wanting “free stuff” when the costliest programs are, by far, corporate welfare and entitlements for the top 1 percent. Fox News has been working hard to tear down Sanders’ proposals to provide Medicare for all, institute tuition-free public college, boost infrastructure spending, and expand Social Security.

“That’s not fiscally possible unless the federal government starts seizing private assets,” said Bill O’Reilly.

But O’Reilly is wrong. The money for Sanders’ platform can easily come from eliminating the costliest entitlement programs for the top 1 percent and multinational corporations. Here’s a breakdown of the most superfluous giveaways to the rich and how much they cost the rest of us:

1. Tax Breaks for obscene CEO bonuses ($7 billion/year)
Currently, the biggest corporations are exploiting a 20-year-old loophole that allows them to write off inflated compensation packages for CEOs, billing stock options, and performance-based bonuses to taxpayers. In 2010, the Economic Policy Institute found out that the biggest corporations cost Americans $7 billionby writing off inflated executive pay. Between 2007 and 2010, this loophole accounted for more than $30 billion in corporate welfare. According to The Guardian, fast food industry CEOs cost taxpayers $64 million through this loophole.

That $7 billion could singlehandedly fund the annual budget for the National Science Foundation — which, as I recently reported for US Uncut, funds 11,000 scientific research projects each year and has funded 26 Nobel laureates in the last 5 years.

2. Tax cuts for luxury corporate jets ($300 million/year)
Currently, corporations can claim a huge tax deduction every year by writing off purchases of corporate jets, lavish cars, and chauffeurs as “security” for their top executives. A Bloomberg analysis from 2011 showed that these tax breaks for some of the wealthiest Americans cost the rest of us $300 million each year. While that may not sound like much, that’s approximately 50 percent of theannual budget for the Consumer Financial Protection Bureau, the brainchild of Elizabeth Warren that protects Americans from the financial sector’s most predatory schemes.

3. Big oil subsidies ($37.5 billion/year)
According to Oil Change International (OCI), the U.S. government spends anywhere between $10 billion and $52 billion per year on corporate welfare for the fossil fuel industry — one of the wealthiest industries in the world. OCI estimated that total combined subsidies to big oil approached $37.5 billion in 2014, which includes $21 billion on production and exploration subsidies.

These subsidies alone cost more than what we currently spend on providing rental assistance for low-income families. In 2013, the department of Housing and Urban Development allocated a total of $34.3 billion toward tenant-based rental assistance ($19 billion), project-based rental assistance ($8.7 billion), and general public housing programs ($6.6 billion). These programs helped 4.5 million families — half of whom are elderly — keep a roof over their head.

4. Pharmaceutical subsidies ($270 billion/year)
As US Uncut has previously reported, the pharmaceutical industry costs taxpayers roughly $270 billion a year when accounting for the cost we pay for life-saving drugs whose patents have been bought up by Big Pharma. This is over $1,914 per household in corporate welfare. This is partly due to the Medicare Part D bill that George W. Bush signed into law in 2003, which prevents Medicare from negotiating drug prices with pharmaceutical companies. But the biggest drug companies also make a pretty penny (a combined $711 billion in profits between 2003 and 2012) by buying patents for drugs that were largely developed with taxpayer-funded research, then jacking up the price by absurd amounts after cornering the market.


Combined profits of top pharma companies. Data courtesy of healthcareforamericanow.org.

This $270 billion annual subsidy could be virtually eliminated by passing Bernie Sanders’ bill to establish a government fund that buys up drug patents as soon as they become available for purchase. Then, the government would sell drugs at-cost to save money for those who need them. The money saved could pay for the annual $270 billion in insurance costs from Obamacare that would help more Americans get access to healthcare.

5. Capital gains tax breaks ($51 billion/year)
When anyone makes money from selling off investments, the IRS classifies that as capital gains, which are taxed at a lower rate (20 percent as of 2012) than real, actual work (35 percent). Pew Research found that 53 percent of Americans own no stock at all, and out of the 47 percen

How dare businesses write off their expenses. Shouldn't be allowed, I feel you

Call it anything you want BUT IT"S WELFARE FOR THE RICH

No, its not. The government makes provisions for companies to SINK THEIR PROFITS BACK INTO JOB CREATION to avoid taxes.

They are not even avoiding taxes, they are simply putting off paying taxes to a future date.

Does anyone here research any subject?
Job creation ?? lol all those jobs that obama didn't add for 74 straight months??

Mark

 

[kaz]

Thank you! Once again my Progressive good friends are AFRAID to post the truth and FACTS.

Who might be surprised? Still a chance for you, what is the RATE of blacks and whites on welfare, food stamps, and other forms of welfare? Come on, no guts, no glory!

Can we include all the big businesses on welfare that pay no taxes and get millions of dollars in grants etc etc ??

Who is that?

This should answer your question and theres more
The next time you hear someone complain about how the poor get “all this free stuff,” show them this.

A small number of incredibly wealthy Americans are ridiculing Bernie Sanders’ base for wanting “free stuff” when the costliest programs are, by far, corporate welfare and entitlements for the top 1 percent. Fox News has been working hard to tear down Sanders’ proposals to provide Medicare for all, institute tuition-free public college, boost infrastructure spending, and expand Social Security.

“That’s not fiscally possible unless the federal government starts seizing private assets,” said Bill O’Reilly.

But O’Reilly is wrong. The money for Sanders’ platform can easily come from eliminating the costliest entitlement programs for the top 1 percent and multinational corporations. Here’s a breakdown of the most superfluous giveaways to the rich and how much they cost the rest of us:

1. Tax Breaks for obscene CEO bonuses ($7 billion/year)
Currently, the biggest corporations are exploiting a 20-year-old loophole that allows them to write off inflated compensation packages for CEOs, billing stock options, and performance-based bonuses to taxpayers. In 2010, the Economic Policy Institute found out that the biggest corporations cost Americans $7 billionby writing off inflated executive pay. Between 2007 and 2010, this loophole accounted for more than $30 billion in corporate welfare. According to The Guardian, fast food industry CEOs cost taxpayers $64 million through this loophole.

That $7 billion could singlehandedly fund the annual budget for the National Science Foundation — which, as I recently reported for US Uncut, funds 11,000 scientific research projects each year and has funded 26 Nobel laureates in the last 5 years.

2. Tax cuts for luxury corporate jets ($300 million/year)
Currently, corporations can claim a huge tax deduction every year by writing off purchases of corporate jets, lavish cars, and chauffeurs as “security” for their top executives. A Bloomberg analysis from 2011 showed that these tax breaks for some of the wealthiest Americans cost the rest of us $300 million each year. While that may not sound like much, that’s approximately 50 percent of theannual budget for the Consumer Financial Protection Bureau, the brainchild of Elizabeth Warren that protects Americans from the financial sector’s most predatory schemes.

3. Big oil subsidies ($37.5 billion/year)
According to Oil Change International (OCI), the U.S. government spends anywhere between $10 billion and $52 billion per year on corporate welfare for the fossil fuel industry — one of the wealthiest industries in the world. OCI estimated that total combined subsidies to big oil approached $37.5 billion in 2014, which includes $21 billion on production and exploration subsidies.

These subsidies alone cost more than what we currently spend on providing rental assistance for low-income families. In 2013, the department of Housing and Urban Development allocated a total of $34.3 billion toward tenant-based rental assistance ($19 billion), project-based rental assistance ($8.7 billion), and general public housing programs ($6.6 billion). These programs helped 4.5 million families — half of whom are elderly — keep a roof over their head.

4. Pharmaceutical subsidies ($270 billion/year)
As US Uncut has previously reported, the pharmaceutical industry costs taxpayers roughly $270 billion a year when accounting for the cost we pay for life-saving drugs whose patents have been bought up by Big Pharma. This is over $1,914 per household in corporate welfare. This is partly due to the Medicare Part D bill that George W. Bush signed into law in 2003, which prevents Medicare from negotiating drug prices with pharmaceutical companies. But the biggest drug companies also make a pretty penny (a combined $711 billion in profits between 2003 and 2012) by buying patents for drugs that were largely developed with taxpayer-funded research, then jacking up the price by absurd amounts after cornering the market.


Combined profits of top pharma companies. Data courtesy of healthcareforamericanow.org.

This $270 billion annual subsidy could be virtually eliminated by passing Bernie Sanders’ bill to establish a government fund that buys up drug patents as soon as they become available for purchase. Then, the government would sell drugs at-cost to save money for those who need them. The money saved could pay for the annual $270 billion in insurance costs from Obamacare that would help more Americans get access to healthcare.

5. Capital gains tax breaks ($51 billion/year)
When anyone makes money from selling off investments, the IRS classifies that as capital gains, which are taxed at a lower rate (20 percent as of 2012) than real, actual work (35 percent). Pew Research found that 53 percent of Americans own no stock at all, and out of the 47 percen

How dare businesses write off their expenses. Shouldn't be allowed, I feel you

Call it anything you want BUT IT"S WELFARE FOR THE RICH

businesses writing off their expenses is "welfare." got it. stupid mother fucker

 

[eddiew]

OK, lets; "test" your theory........Does the BULK of the welfare payments go to blacks or to whites?

Whites. As it should be. Whites make up 72.4% of the population, and the whites on welfare number about 11.6 million. Blacks make up 12.6% of the population, yet about 11.3 million blacks are on welfare.

We have discussed your grandchild knowing math earlier, maybe now you can tell me something about the math of this situation?

Mark

Heres more math
The next time you hear someone complain about how the poor get “all this free stuff,” show them this.

A small number of incredibly wealthy Americans are ridiculing Bernie Sanders’ base for wanting “free stuff” when the costliest programs are, by far, corporate welfare and entitlements for the top 1 percent. Fox News has been working hard to tear down Sanders’ proposals to provide Medicare for all, institute tuition-free public college, boost infrastructure spending, and expand Social Security.

“That’s not fiscally possible unless the federal government starts seizing private assets,” said Bill O’Reilly.

But O’Reilly is wrong. The money for Sanders’ platform can easily come from eliminating the costliest entitlement programs for the top 1 percent and multinational corporations. Here’s a breakdown of the most superfluous giveaways to the rich and how much they cost the rest of us:

1. Tax Breaks for obscene CEO bonuses ($7 billion/year)
Currently, the biggest corporations are exploiting a 20-year-old loophole that allows them to write off inflated compensation packages for CEOs, billing stock options, and performance-based bonuses to taxpayers. In 2010, the Economic Policy Institute found out that the biggest corporations cost Americans $7 billionby writing off inflated executive pay. Between 2007 and 2010, this loophole accounted for more than $30 billion in corporate welfare. According to The Guardian, fast food industry CEOs cost taxpayers $64 million through this loophole.

That $7 billion could singlehandedly fund the annual budget for the National Science Foundation — which, as I recently reported for US Uncut, funds 11,000 scientific research projects each year and has funded 26 Nobel laureates in the last 5 years.

2. Tax cuts for luxury corporate jets ($300 million/year)
Currently, corporations can claim a huge tax deduction every year by writing off purchases of corporate jets, lavish cars, and chauffeurs as “security” for their top executives. A Bloomberg analysis from 2011 showed that these tax breaks for some of the wealthiest Americans cost the rest of us $300 million each year. While that may not sound like much, that’s approximately 50 percent of theannual budget for the Consumer Financial Protection Bureau, the brainchild of Elizabeth Warren that protects Americans from the financial sector’s most predatory schemes.

3. Big oil subsidies ($37.5 billion/year)
According to Oil Change International (OCI), the U.S. government spends anywhere between $10 billion and $52 billion per year on corporate welfare for the fossil fuel industry — one of the wealthiest industries in the world. OCI estimated that total combined subsidies to big oil approached $37.5 billion in 2014, which includes $21 billion on production and exploration subsidies.

These subsidies alone cost more than what we currently spend on providing rental assistance for low-income families. In 2013, the department of Housing and Urban Development allocated a total of $34.3 billion toward tenant-based rental assistance ($19 billion), project-based rental assistance ($8.7 billion), and general public housing programs ($6.6 billion). These programs helped 4.5 million families — half of whom are elderly — keep a roof over their head.

4. Pharmaceutical subsidies ($270 billion/year)
As US Uncut has previously reported, the pharmaceutical industry costs taxpayers roughly $270 billion a year when accounting for the cost we pay for life-saving drugs whose patents have been bought up by Big Pharma. This is over $1,914 per household in corporate welfare. This is partly due to the Medicare Part D bill that George W. Bush signed into law in 2003, which prevents Medicare from negotiating drug prices with pharmaceutical companies. But the biggest drug companies also make a pretty penny (a combined $711 billion in profits between 2003 and 2012) by buying patents for drugs that were largely developed with taxpayer-funded research, then jacking up the price by absurd amounts after cornering the market.


Combined profits of top pharma companies. Data courtesy of healthcareforamericanow.org.

This $270 billion annual subsidy could be virtually eliminated by passing Bernie Sanders’ bill to establish a government fund that buys up drug patents as soon as they become available for purchase. Then, the government would sell drugs at-cost to save money for those who need them. The money saved could pay for the annual $270 billion in insurance costs from Obamacare that would help more Americans get access to healthcare.

5. Capital gains tax breaks ($51 billion/year)
When anyone makes money from selling off investments, the IRS classifies that as capital gains, which are taxed at a lower rate (20 percent as of 2012) than real, actual work (35 percent). Pew Research found that 53 percent of Americans own no stock at all, and out of the 47 percen

Have you ever ran a business?

Mark

I "ran" one for 35 years

I misspoke. Have you ever owned a business?

Mark

Owned one for 35 years and the building it was in

 

[80zephyr]

Japan is broke and the vast majority of our debt is not held by China but rather by Americans.

True..."Only" 35 cents of every borrowed dollar is foreign debt......Private domestic and foreign investors buy our bonds...That stated, what's the fucking difference?

If we balanced the budget, the left would cry like children. Why do you persist in this nonsense when you can plainly see that Obama is much worse than any president before him.

As a liberal, don't cry about the debt unless you are willing to make the American public suffer. Whats your pleasure?

Mark