Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Sunday, September 16, 2012

Let’s Get Fiscal

By Bill Maher

When Republicans aren't inventing straw men to attack President Obama (he hates success, he hates capitalism, he thinks Americans are stuck in their station in life, he's always apologizing for America, etc.) they're almost always attacking him for paying for his programs. Which, I know, sounds crazy because it's the fiscally responsible thing to do, and the Republicans are supposed to be the party of the fiscally responsible. But they're hypocrites like that. The standard isn't truth. It's saying anything that makes Obama look like a socialist who hates America. See: Dinesh D'Souza.

Take the attacks on Obama’s Medicare cuts. According to the Romney campaign, the $716 billion in Medicare cuts comes out of senior benefits (not true) that today's seniors paid into all of their lives (partially true because they use far more in benefits than they ever paid in) and then used that money to fund Obamacare.

...Okay, the last part is true. They used the savings from the Medicare cuts to providers and hospitals to offset the costs of Obamacare. Because unlike all of those programs and wars and tax cuts during the Bush administration, Obamacare is actually paid for. You see, in the fiscally responsible world that's supposed to be a good thing. It means you're not adding to the deficit. But when it comes to fiscal responsibility, Republicans are clearly frauds, so what do you expect? It's not as if they're going to say, "Okay, maybe we screwed up last time, but trust me -- this time is going to be different!"

Cut to Mitt Romney in Ohio: "We're going to finally have to do something that Republicans have spoken about for a long time and for a while we didn't do it. When we had the lead, we let people down. We need to make sure we don't let them down this time. I will cut the deficit and get us on track to a balanced budget."

...By slashing taxes for the rich and hiking defense spending.

Which brings us to the charge that Obama is raising taxes on the middle class. Which isn't really true because Obama's lowered taxes on the middle class. But like all of Romney and Ryan's lies, they're really not lies. They're wildly misleading claims hooked on to some small kernel of truth. Otherwise known as being "slimy."

This is how Paul Ryan gets to say that Obama went to that GM plant in his hometown and said it would stay open, and then it closed. Not mentioning, of course, that it closed before Obama took office, or that Ryan himself had lobbied GM to keep the plant open. But it is true that Obama went there in 2008 during the campaign and said something about keeping the plant open. That part is true. And that's enough truth to suggest that he's responsible for closing it. When you're a sleaze.

Same thing with the middle class tax increase. The kernel of truth there is that, as part of Obamacare, those who don't buy insurance have to pay a penalty, or as John Roberts calls it "a tax." And some of those people will be in the middle class. Hence, "middle class tax increase." See how they did that?

But that's basically how Obamacare is paid for: a combination of cuts to Medicare providers and through a series of tax increases. Which, again, is the fiscally responsible thing to do -- to pay for your programs. But the Romney campaign uses that kernel to suggest that Obama has raised the taxes on everyone in the middle class, when the truth is he's lowered them, except for people who won't buy health insurance. Also known as free riders.

Health care mandate? The mechanism we use to pay for all of those people with pre-existing conditions everyone wants to cover. Because in life, benefits come with costs.

"Cap and trade" is also part of this conservative attack. But again, these are taxes going to address a serious problem -- the world catching fire. Or think of it this way: if your roof leaks, you have to spend money to fix it. Your car won't start, same thing: you have to pay money to fix it. Only in the conservative bubble can you address serious problems by not paying for them -- i.e. cutting taxes.

The problem with all of this is that the Democrats, being the party that pays for their programs -- dare I say the "party of fiscal responsibility" -- comes with a political price. And it's that we're a "tastes great, less filling" country that has gotten used to putting everything we do on the national credit card. We didn't pay for Iraq, Afghanistan, the Bush tax cuts, the prescription drug entitlement program -- none of it. Which is sweet! Especially if you're going to die before the bill comes due.

You see, if you give voters stuff for free, they like it a lot better than when you give them something and charge them the cost of that thing you just gave them. Which used to be called responsible, but now is called "socialism."

Monday, August 27, 2012

GOP Goes the Weasel

by Bill Maher

The California Republican Party has shit-canned Assemblyman Brian Nestande as their caucus chair due to an embarrassing lapse in judgment. Nestande didn’t get whacked out on scotch and Ambien and beat his wife in a casino parking garage and he didn’t get caught sucking off a teen boy in a Jamba Juice restroom – those are the kinds of scandals you could ride out. No, Nestande did something far, far more unforgivable.  He voted with Democrats on a bill.

AB 1500 closes a loophole that allows out-of-state businesses, unlike in-state California businesses, to pay taxes on their property or their sales rather than on their income. If adopted, it will level the playing field and raise over $1 billion for a state currently strapped with a $16 billion deficit. And all of that $1 billion would go towards college scholarships, a real investment in California’s future.

But in Republican World, asking for a revenue increase of any kind for any reason is “raising taxes” and they have a strict, black-and-white policy of  “No taxes, no matter what, ever, for anything, or you’re in big, big trouble, buster.” So, for breaking the Republican commandment of “Thou shalt never agree with a Democrat, nor ever raise a tax, nor ever get anything done,” Brian Nestande is out and shouldn’t hold his breath waiting for an invite to Grover Norquist’s Labor Day picnic.

Here’s Nestande’s parting statement: “Today I am stepping down as Republican Caucus Chair. I cast a vote yesterday as the only Republican to level the playing field for California businesses, so we have the same corporate tax policy as Texas, Wisconsin, South Carolina, Mississippi, Michigan, Indiana, Utah, and 10 other states. I specifically named those states because they have Republican Governors that are considered leaders in our party today… I put forward my vote in good faith that, in its final form, this bill will be part of a comprehensive regulatory reform package to put Californians back to work. With my vote yesterday I decided to take the side of my constituents and California businesses.”

Putting the people before your party? What a dangerous, disloyal scumbag.  Doesn’t he know that the idea of shrinking government and taking an intransigent stand is much, much more important than his “constituents” or fairness or fiscal pragmatism or solving problems? I’ve gotta ask, has the Republican Party bastardized government beyond repair?

Friday, September 24, 2010

New Rule: Rich People Who Complain About Being Vilified Should Be Vilified

New Rule: The next rich person who publicly complains about being vilified by the Obama administration must be publicly vilified by the Obama administration. It's so hard for one person to tell another person what constitutes being "rich", or what tax rate is "too much." But I've done some math that indicates that, considering the hole this country is in, if you are earning more than a million dollars a year and are complaining about a 3.6% tax increase, then you are by definition a greedy asshole.

And let's be clear: that's 3.6% only on income above 250 grand -- your first 250, that's still on the house. Now, this week we got some horrible news: that one in seven Americans are now living below the poverty line. But I want to point you to an American who is truly suffering: Ben Stein. You know Ben Stein, the guy who got rich because when he talks it sounds so boring it's actually funny. He had a game show on Comedy Central, does eye drop commercials, doesn't believe in evolution? Yeah, that asshole. I kid Ben -- so, the other day Ben wrote an article about his struggle. His struggle as a wealthy person facing the prospect of a slightly higher marginal tax rate. Specifically, Ben said that when he was finished paying taxes and his agents, he was left with only 35 cents for every dollar he earned. Which is shocking, Ben Stein has an agent? I didn't know Broadway Danny Rose was still working.

Ben whines in his article about how he's worked for every dollar he has -- if by work you mean saying the word "Bueller" in a movie 25 years ago. Which doesn't bother me in the slightest, it's just that at a time when people in America are desperate and you're raking in the bucks promoting some sleazy Free Credit Score dot-com... maybe you shouldn't be asking us for sympathy. Instead, you should be down on your knees thanking God and/or Ronald Reagan that you were lucky enough to be born in a country where a useless schmuck who contributes absolutely nothing to society can somehow manage to find himself in the top marginal tax bracket.

And you're welcome to come on the show anytime.

Now I can hear you out there saying, "Come on Bill, don't be so hard on Ben Stein, he does a lot of voiceover work, and that's hard work." Ok, it's true, Ben is hardly the only rich person these days crying like a baby who's fallen off his bouncy seat. Last week Mayor Bloomberg of New York complained that all his wealthy friends are very upset with mean ol' President Poopy-Pants: He said they all say the same thing: "I knew I was going to have to pay more taxes. But I didn't expect to be vilified." Poor billionaires -- they just can't catch a break.

First off, far from being vilified, we bailed you out -- you mean we were supposed to give you all that money and kiss your ass, too? That's Hollywood you're thinking of. FDR, he knew how to vilify; this guy, not so much. And second, you should have been vilified -- because you're the vill-ains! I'm sure a lot of you are very nice people. And I'm sure a lot of you are jerks. In other words, you're people. But you are the villains. Who do you think outsourced all the jobs, destroyed the unions, and replaced workers with desperate immigrants and teenagers in China. Joe the Plumber?

And right now, while we run trillion dollar deficits, Republicans are holding America hostage to the cause of preserving the Bush tax cuts that benefit the wealthiest 1% of people, many of them dead. They say that we need to keep taxes on the rich low because they're the job creators. They're not. They're much more likely to save money through mergers and outsourcing and cheap immigrant labor, and pass the unemployment along to you.

Americans think rich people must be brilliant; no -- just ruthless. Meg Whitman is running for Governor out here, and her claim to fame is, she started e-Bay. Yes, Meg tapped into the Zeitgeist, the zeitgeist being the desperate need of millions of Americans to scrape a few dollars together by selling the useless crap in their garage. What is e-Bay but a big cyber lawn sale that you can visit without putting your clothes on?

Another of my favorites, Congresswoman Michele Bachmann said, "I don't know where they're going to get all this money, because we're running out of rich people in this country." Actually, we have more billionaires here in the U.S. than all the other countries in the top ten combined, and their wealth grew 27% in the last year. Did yours? Truth is, there are only two things that the United States is not running out of: Rich people and bullshit. Here's the truth: When you raise taxes slightly on the wealthy, it obviously doesn't destroy the economy -- we know this, because we just did it -- remember the '90's? It wasn't that long ago. You were probably listening to grunge music, or dabbling in witchcraft. Clinton moved the top marginal rate from 36 to 39% -- and far from tanking, the economy did so well he had time to get his dick washed.

Even 39% isn't high by historical standards. Under Eisenhower, the top tax rate was 91%. Under Nixon, it was 70%. Obama just wants to kick it back to 39 -- just three more points for the very rich. Not back to 91, or 70. Three points. And they go insane. Steve Forbes said that Obama, quote "believes from his inner core that people... above a certain income have more than they should have and that many probably have gotten it from ill-gotten ways." Which they have. Steve Forbes, of course, came by his fortune honestly: he inherited it from his gay egg-collecting, Elizabeth Taylor fag-hagging father, who inherited it from his father. Of course then they moan about the inheritance tax, how the government took 55% percent when Daddy died -- which means you still got 45% for doing nothing more than starting out life as your father's pecker-snot.

We don't hate rich people, but have a little humility about how you got it and stop complaining. Maybe the worst whiner of all: Stephen Schwarzman, #69 on Forbes' list of richest Americans, compared Obama's tax hike to "when Hitler invaded Poland in 1939." Wow. If Obama were Hitler, Mr. Schwarzman, I think your tax rate would be the least of your worries.