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Originally posted by lonewolf
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soo yuh seyinn dat electinn wan mixxed race man lead to a latt aff oyinbo buyinn cum cah dem fear blakk peeps -
Barry should adopt this speech, lock, and barrel.Originally posted by Peasie View Postdese are fighting words
Peasie --
Thank you.
Tuesday’s election did not go the way you and I had hoped. But the promise we made you this year is the promise I reiterate today. We promised that your support would make a difference for Democrats in these elections, and I know for a fact that it has.
We fought for every last district, and that will never change. But because you joined the fight alongside us, some outstanding, progressive Democrats won their campaigns despite the red wave that swept the country on Tuesday. Because of those victories, sometime in the weeks and months ahead, Republicans will fail to enact their latest attack on working people, on women's health care, or on our public schools - and for that, THANK YOU.
But let’s talk about that wave for a moment: Do you really believe that Americans were moved to vote Republican by the promise of government shutdowns, politically-motivated impeachment hearings, or a return to the days when every family – even millions with private insurance – were always one medical condition away from bankruptcy?
If that is the agenda Republicans continue to pursue, then they should expect a backlash every bit as fierce as what we witnessed on Tuesday.
Democrats are the party that wants to stop using our tax dollars to send American jobs overseas – the Republicans are the party that pledges to keep doing it. Democrats believe in protecting Social Security and making sure every American family has access to health care they can afford. We believe in freedom of religion and equal rights under the law, while they remain captive to their extreme Tea Party base.
That’s why I’m proud of every Democrat who overcame this tough election climate to win their campaigns. And that’s why, even though the pundits expect Democrats to abandon our principles because of what happened on Tuesday, I’ll never let that happen here.
Peasie, the fight continues at the DLCC, and it’s happening right now.
I want to thank you for what you’ve done. And I want to thank you in advance for what you’ll do in the coming months and years.
With your help, in the next elections, the Republicans will find that their backwards agenda is as unwelcome to everyday Americans as it ever was.
Sincerely,
Michael Sargeant
Executive Director
The Democratic Legislative Campaign CommitteeComment
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Tuff... respect...I don't understand why you don't/can't apply for US citizenship. You have my vote.I have no vote. My vote is for whomever wins in a Democracy. Anyway I have lived long enough and live in the Great USA long enough to say. I have seen this before. It not as frightening as some folks will lead us to believe
And, of course you are correct. It's not as fightening as some folks will lead us to believe. This is simply the political power struggle without the violence. The right to vote in the USA is a powerful weapon, but without the bloodshed.Comment
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Peasie, you live In Maryland...do you not? How does Michael Sargeant, Executive Director,The Democratic Legislative Campaign Committee, explain the DEFEAT of DEMOCRAT Anthony Brown to REPUBLICAN Larry Hogan, in a BLUE STATE such as MARYLAND, that has A 2 TO 1 REGISTERED DEMOCRAT VOTER ADVANTAGE OVER REPUBLICANS?
Please, explain this to me, because I don't see the answer in his letter. Why did DEMOCRATS IN MARYLAND VOTE FOR A REPUBLICAN IN A LAND SLIDE?Comment
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Ok, which side is lying and which side is telling the truth? I don't trust Repugs nor Democraps, and I'm trying to get at the truth, nothing else... Mr Sargeant claims...
Michael Sargeant-"Democrats are the party that wants to stop using our tax dollars to send American jobs overseas – the Republicans are the party that pledges to keep doing it."
BUT!
Is there a corporate tax break that ships jobs overseas?
By Lauren Carroll on Tuesday, September 16th, 2014 at 3:30 p.m.
An ad from Alison Lundergan Grimes attacks Mitch McConnell on taxes
Democrats and their advocates have washed, rinsed and are now repeating one of their favorite talking points from 2012: that "(Insert Republican Here) supports tax breaks for corporations that ship jobs overseas."
There’s a lot packed into this insult. It implies that the person on the receiving end is beholden to corporate interests, against sensible tax reform and unconcerned about American employment. It plays to Americans’ economic woes and fits into the recent discussions about corporate tax reform, following Burger King’s merger with a Canadian company.
Only a CPA might enjoy digging into the nuances of tax policy. But our search for evidence shows that the Democrats’ description is so simplistic as to be misleading. There is no special tax break for outsourcing.
When we asked Democratic groups for evidence for their claims, they pointed us to Republican votes on a failed tax reform bill -- a bill that experts told us would not have affected corporations’ behavior.
In the 2014 midterms, we’ve seen the claim lobbed at Sen. Mitch McConnell, R-Ky., by his Democrat challenger Alison Lundergan Grimes, who said McConnell voted "three times for corporate tax breaks that send Kentucky jobs overseas." In Iowa, liberal political action committee Next Generation Climate said Republican Senate candidate Joni Ernst signed a pledge that "protects tax breaks for companies that ship jobs overseas." And in Louisiana, the liberal Senate Majority PAC ran an ad that said the Koch brothers want to "protect tax cuts for companies that ship our jobs overseas."
Other Democrats have used it this year, too. Obama mentioned it in his 2014 State of the Union address in January, and Rep. Nancy Pelosi, D-Calif., said it on The Colbert Report.
The Internal Revenue Code is lengthy and complicated (an understatement), but we wanted to dig into the details to explain why this talking point isn’t solid.
A tiny portion of the tax base
There is no tax break or loophole that addresses outsourcing or insourcing jobs specifically. When Democrats say "tax breaks" in these ads, they are usually talking about standard business expense deductions. Companies can write off many business-related expenses as tax-deductible -- including relocation.
But this isn’t a special provision just for businesses that move outside of the United States. A business would get the same deductions for money spent moving from New York to California.
We should note that this isn’t connected to things like the Burger King merger, which is a tax inversion -- a process by which the company becomes part of a foreign parent company, potentially resulting in significant savings on what it pays in U.S. taxes. (More on this in a bit.)
Some Democratic lawmakers think it’s unfair that a company can take a deduction for moving costs when those costs include money spent transporting jobs out of the country. To remedy this, Senate Democrats proposed the Bring Jobs Home Act in 2012 and again in 2014. The bill failed both times.
The Bring Jobs Home Act would have eliminated the standard deduction for moving expenses for businesses relocating overseas. It also would have given a 20 percent tax credit to companies who insource jobs.
(Democrats also proposed a similar bill, that also failed, in 2010.)
To prove that a Republican supports extending standard deductions to companies that outsource, Democrats often point to a "no" vote on the bill. Votes in 2012 and 2014 split almost exclusively along party lines -- with Democrats voting for the measure, and Republicans voting against.
Among Republicans’ reasons for opposing the legislation, the policy would have lost revenue and added to the deficit, according to Congress’ Joint Committee on Taxation. The government would have spent more money on the tax credit for insourcing than it would have raised by eliminating deductions related to outsourcing. Overall, the policy would have resulted in an estimated $214 million loss over 10 years.
Tax experts we spoke with said the law was almost entirely symbolic. The amount of money associated with these standard deductions is minuscule, compared to corporate tax revenue overall. So minuscule, in fact, that getting rid of deductions for business expenses associated with outsourcing would not be nearly enough to affect a company’s decision to engage in foreign activity.
"It adds up to a trivial amount of money," said James Hines, a professor of law and economics at the University of Michigan. "Given how many big multinational firms we have, it’s impossible that it has any effect on their behavior."
Eliminating standard deductions for costs associated with outsourcing would result in an average $14.2 million a year in revenue, according to the Joint Committee on Taxation estimates. That’s not much in the grand scheme of things.
For some perspective, the Internal Revenue Service took in $273.5 billion in corporate income taxes in 2013 alone, according to the Tax Policy Center, a research group, based on Office of Management and Budget data. Revenue from eliminating that deduction would amount to 0.005 percent of total revenue.
Hines said the Bring Jobs Home Act ignores more significant issues with the corporate tax code that have the potential to incentivize businesses to increase offshore operations.
It’s worth noting that at 39.1 percent, the United States has the highest statutory corporate income tax rate among developed countries. (Though this doesn’t take into account deductions and exclusions, which result in a lower effective tax rate.)
Businesses with international operations pay the host country’s tax on income earned, which is likely lower than the American rate. The companies then pay U.S. taxes on profits they bring back home. But companies can avoid paying U.S. taxes on foreign-earned income entirely by investing the profits abroad instead. This is called deferral.
Then there are inversions, and the famous example of Burger King. When Burger King merges with Canadian donut chain Tim Hortons, its official address -- for tax purposes -- will go to Canada. But the headquarters will remain in Miami.
Tax Policy Center fellow Roberton Williams said companies don’t choose to increase their foreign operations because of the tax benefits alone. There are significant difficulties and administrative costs when expanding abroad, so there has to be some business incentive, too.
But these tax policies have more influence on where companies keep their money -- not necessarily their employees, Williams said. Though if a company has a significant amount of money in a foreign country, it might choose to employ people there.
The jury’s still out on whether or not corporations’ international activity has a positive or negative effect on American jobs. Hines said there’s good research on both sides -- on the one hand, one could argue that multinational corporations deplete American jobs by sending more to overseas plants. But on the other, foreign activity boosts the domestic economy, resulting in more jobs at home. Hines’ own research says companies that expand abroad tend to expand their domestic activity, as well.
This nuanced picture of tax policy gets lost in the 30-second attack ads that have been dominating the airwaves.
"A politician is certainly not going to have 10 minutes to say, ‘Here’s what’s going on on the issue of international finance,’" Williams said. "That's not nearly as effective as a shorter version that explains the basic issues in a way that listeners can understand."Comment
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Because Larry Hogan ran a better campaign.
Because Anthony Brown is an incumbent after a term-limited governor.
Because Maryland is a free-thinking state with free people who have a rich and recent history of electing republican and democrat governors.
Because we want you to enjoy your wallowing right now.
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Well, considering minorities are killing each other in record numbers (#1 cause of death in young black males is murder) do ya think that's a real good idea?Originally posted by kia027 View PostI say get all the non whites in the US to apply fi gun permit & get guns and see how quickly dem shut dung gun access
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Hmmm, me thinks you down playing this just a tad, because... in Maryland, Republican businessman Larry Hogan is only the second Republican to lead the state in forty years?Originally posted by Peasie View PostBecause Larry Hogan ran a better campaign.
Because Anthony Brown is an incumbent after a term-limited governor.
Because Maryland is a free-thinking state with free people who have a rich and recent history of electing republican and democrat governors.
Because we want you to enjoy your wallowing right now.
LOL Peasie, thank you, but I don't have a dog in this fight...I don't like either side. All Politicians are the working man's enemy..IMHO. They are all liars and thieves.Republican elected governor of Maryland in election stunner | TheHill
thehill.com/.../governor.../222984-republican-elected-governor-of-maryland-in-election-stunnerCached1 day ago ... Republican Larry Hogan has been elected governor of Maryland in one of the
most stunning defeats for Democrats in the midterm elections
My thinking has changed quite a bit over the years...Comment
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so what do you think the reason is?Originally posted by lonewolf View PostWhen its hot in the jungle of peace I go swimming in the ocean of love.....Comment
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Taxes...he raised taxes 24 times, one of the most unpopular was the gas tax... and he added the rediculous rain tax.Originally posted by RichD View Post
Rich, I'm shocked to see a Republican elected in Md. I did not think it would happen, regardless of the taxes.Comment
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There was a one-term Republican governor before the last two-term Democrat.
So I am not shocked.
What shocked me was how wide a margin Hogan (Republican) won over Brown (Democrat).
As for taxes, we need those who don't pay enough to pay their fair share. I enjoy the world-class services Maryland offers as a result of my taxes. Fire and rescue, to name one.
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Originally posted by Peasie View Post
As for taxes, we need those who don't pay enough to pay their fair share. I enjoy the world-class services Maryland offers as a result of my taxes. Fire and rescue, to name one.
People tend to forget the positive services they receive from their taxes such as Fire & RescueIf you don't fight for what you deserve, you deserve what you get.
We are > Fossil Fuels --- Bill McKibben 350.orgComment
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The Huey Newton Gun Club members got their guns legally and open carry in states that allow. Such as this scene in Dallas, TX, in August 2014.
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