Tag Archives: proposed

Republican Budget Would Slash Taxes, Establish Two-Bracket Tax System And Scrap AMT

http://www.youtube.com/v/j-MswXzp2p4

Excerpt from:

While it has no chance of passage, the GOP 2013 budget, details of which have been leaked by the WSJ , proposes slashing corporate and individual tax rates, collapsing the current six tax bracket system into just two tiers (10% and 25%), lowering top corporate tax rate to 25% and scrapping the anachronism that is the AMT, or Alternative Minimum Tax. Finally, the proposed plan would nearly eliminate… Broadcasting platform : YouTube Source : zero hedge Discovery Date : 19/03/2012 18:15 Number of articles : 2

Republican Budget Would Slash Taxes, Establish Two-Bracket Tax System And Scrap AMT

In Hatin’ A$$ White Folks News: Political “Talking Head” Bill Maher Says He Supports SOPA Because Of “Religulous” Piracy!

SMH! In perhaps what was the biggest surprise of his show tonight, Bill Maher defended the proposed Stop Online Piracy Act, even as the bill has been temporarily shelved, arguing that “there is a moral dimension” to online piracy and dismissed concerns that the bill would harm internet freedom as a “red herring.” He jokingly called online piracy “caucasian looting” and insisted that even if pirates are ‘just because you’re sitting at your computer in your pajama bottoms doesn’t mean you’re not stealing.” Maher admitted that he has not read the proposed legislation, which could penalize websites that merely link to infringing material, but he explained that his more hawkish views in the piracy debate came from his reaction to online users downloading illegal copies of Maher’s comedy-documentary Religulous. Maher claimed so many people downloading the film ate into its profits. However, Republican presidential candidate Buddy Roemer came out strongly against it, arguing the whole point of the bill was to give the government more power to manage the internet. Matt Lewis, contributor for The Daily Caller, brought up the controversial provision of SOPA, that if a link to any pirated material is found on a website and someone (like a copyright holder) makes a complaint, the government could take the website down in response. And with Jennifer Granholm getting applause for her praise of internet advocacy, Maher was alone in voicing any support for the bill, quipping that the protestors’ main goal was “We want more free isht!” So the only reason he’s supporting this over-reaching act that would shut down the internet forever as we know it is because he lost a few bucks on his movie that no one went to see anyway?? Ho, please sit down. ‘Preciate it Source More On Bossip! Twit Pics Of The Day: Rihanna Toots That Thang Up In A White Bikini And Invites Khloe Kardashian To Come “Tap That” [Photos] Reading Is Fun-damental: 10 Of Hottest “Hood Classic” Books And Their Authors Must Be The Shoes: The Hottest Women In The World Wearing Killer Heels…And Not Much Else Black And Missing: Lost People And Faces That Mainstream Media Have Not Been Looking For [Photos/Info]

See more here:
In Hatin’ A$$ White Folks News: Political “Talking Head” Bill Maher Says He Supports SOPA Because Of “Religulous” Piracy!

Simon Cowell Reveals U.S. X Factor Celebrity Judges; Do You Approve?

Over at Movieline sister site Deadline, Nikki Finke’s got a whopper of an interview with Simon Cowell , who revealed to her his proposed line-up of judges for the U.S. version of the British reality contest series The X Factor . Will reuniting with fellow American Idol judge Paula Abdul draw in the ratings? Bigger question: Who is Cheryl Cole?

View post:
Simon Cowell Reveals U.S. X Factor Celebrity Judges; Do You Approve?

AP’s Crutsinger Issues Incomplete, Sloppy, Misleading Report on November’s Record Deficit, Obama-GOP ‘Tax-Cut Plan’

How can you cover a story about Uncle Sam's November Monthly Treasury Statement and the proposed Obama-GOP compromise on taxes and unemployment benefits without using the words “spending,” “receipts,” any form of “collect,” or “unemployment”? It's a neat trick, but the Associated Press's Martin Crutsinger pulled it off in his Friday afternoon dispatch shortly after the government report's release. Instead of communicating apparently boring facts, Crutsinger concentrated his fire on the “tax-cut agreement” with a supposed “cost (of) $855 billion over two years” worked out by President Obama and Congressional Republicans. In doing so, he “somehow” failed to mention that the proposal includes a 13-month extension of unemployment benefits. Based on a comparison

MSNBC’s Chuck Todd Continues to Distort Tax Deal’s ‘Astronomical’ Cost

MSNBC's Chuck Todd on the December 7 “Daily Rundown” was uncharacteristically heated in his opposition to the compromise between President Barack Obama and congressional Republicans on extending the Bush tax rates. Interviewing a Treasury Department official, Todd used flawed statistics to malign the proposed two-year extension of tax breaks for all families as unacceptably expensive. “The cost of this is astronomical though,” proclaimed the NBC Political Director. “The payroll tax cut means essentially borrowing from the Social Security trust fund to do this temporary payroll tax. I mean, it's 120 billion, that's a lot of money!” [Video embedded after the page break.] read more

Read more from the original source:
MSNBC’s Chuck Todd Continues to Distort Tax Deal’s ‘Astronomical’ Cost

Whoopi Goldberg Decries Fact-Challenged Bloggers, But Spreads Misinformation Herself on ABC’s The View

GZM Developer, Imam Have Tax, Financial Issues; Will National Media Care?

This past weekend, intrepid journalists at the New York Post and NorthJersey.com released information they unearthed about proposed Ground Zero Mosque “organizer” Sharif El-Gamal and frontman Imam Feisal Abdul Rauf, respectively, that the wire services, the New York Times and the national TV networks would likely have run with by now had the items related to a major church or synagogue. But since the news has to do with what has turned into the PC crowd’s cause celebre and New York City Mayor Michael Bloomberg’s personal pet project, you may not see the stories covered anywhere else. The arguably more important story of the two concerns the tax problems of Mr. El-Gamal (pictured above via the Post) and his company, because they directly related to the GZM’s property. The story by Isabel Vincent and Melissa Klein went up early Sunday morning: Mosque big owes 224G tax The mosque developers are tax deadbeats. Sharif El-Gamal, the leading organizer behind the mosque and community center near Ground Zero, owes $224,270.77 in back property tax on the site, city records show. El-Gamal’s company, 45 Park Place Partners, failed to pay its half-yearly bills in January and July, according to the city Finance Department. The delinquency is a possible violation of El-Gamal’s lease with Con Edison, which owns half of the proposed building site on Park Place. El-Gamal owns the other half but must pay taxes on the entire parcel. … Before any building can go forward, the developers also must get approval from the MTA because the 2 and 3 subway lines run under a portion of the Park Place property, The Post has learned. … El-Gamal’s spokesperson insisted to The Post that the taxes had been paid and that the “subway lines do not pose a problem.” The Post revealed this month that El-Gamal owned only half the site. The news about Imam Rauf (picture above is an AP file photo) comes from Peter J. Sampson and Jean Rimbach at NewsJersey.com (“Ground Zero Imam has history of tenant troubles; N.J. apartments in need of repair”). In addition to the problems noted in the headline, it seems that Rauf has experience squeezing money out of the political system: The Muslim cleric at the center of the proposed mosque and community center near Ground Zero is also a New Jersey landlord who got more than $2 million in public financing to renovate low-income apartments and has been beset for years by tenant complaints and financial problems. Imam Feisal A. Rauf won support for his Hudson County projects from powerful politicians, among them Robert C. Janiszewski, the disgraced former county executive. He also was awarded grants from Union City when U.S. Sen. Bob Menendez was mayor. … Rauf forged ties with Fred Daibes, the prominent waterfront developer and bank chairman. Additionally, Rauf is a onetime business ally of a Daibes associate who sued the imam for alleged mortgage fraud. The 2008 suit was quietly settled in June. The revelations about Rauf, who lives in North Bergen, add another dimension to the public profile of a man both lauded as a builder of bridges between diverse religions and cultures and vilified as being insensitive to the survivors of the Sept. 11, 2001, terrorist attack by proposing a mosque near the World Trade Center site. … Page after page of municipal health records examined by The Record show repeated complaints ranging from failure to pick up garbage, to rat and bedbug infestations and no heat and hot water. Cynthia Balko, 48, of Union City — a longtime tenant of Rauf’s — said she’s had to live with rats, leaks and no heat: “I don’t have anything nice to say about the man.” She finds it hard to believe Rauf’s going to build a world-class Islamic community center, with fitness facilities, auditorium, restaurant, library, culinary school and art studios, as well as a Sept. 11 memorial and space for Muslim prayer services. “He can’t even repair the bells in the hallway. He doesn’t take care of his properties. But he’s going to take care of a mosque?” The biggest tax involved in all of this may be on the establishment press’s cover-up mechanisms. So far, they’re holding. As of shortly after midnight Eastern Time, three stories at the Associated Press time-stamped with Monday’s or Sunday’s date that mentioned the Ground Zero Mosque, which the AP refers to as the “Park51 project” ( here , here , and here ) had no reference to either gentleman’s difficulties. The New York Times also had nothing beyond the AP items just noted. Cross-posted at BizzyBlog.com .

View post:
GZM Developer, Imam Have Tax, Financial Issues; Will National Media Care?

Neat Multi-Purpose Recycled Cardboard Table by Diseno Cartonero

Courtesy of Diseno Cartonero. From the same folk that delighted us with those terribly cool 8 recycled cardboard accessories some time ago, comes this neat multi-purpose coffee table that dubs as a magazine holder and front desk. It’s made entirely from recycled cardboard that designer Santiago Morahan buys from urban garbage collectors (aka Cartoneros) at a higher price than the one they would get in recycling facilities, and therefore it’s not only… Read the full story on TreeHugger

Read more:
Neat Multi-Purpose Recycled Cardboard Table by Diseno Cartonero

India Stops Plans to Drive Real-Life Avatar Tribe Off Land For Bauxite Mine on Sacred Mountain

All images courtesy Survival International The government of India has halted plans by UK-based Vedanta Resources to establish a bauxite mine of the sacred tribal lands of the Dongria Kondh and Kutia people in Orissa. The move comes after a report commissioned by India’s environment minister found the proposed mine would violate the tribal people’s rights, as well as finding Vedanta acted in contempt of the law in try to squash opposition to the mine. … Read the full story on TreeHugger

Read this article:
India Stops Plans to Drive Real-Life Avatar Tribe Off Land For Bauxite Mine on Sacred Mountain

Lindsay Lohan — No Workouts in Rehab

Lindsay Lohan ‘s first stop after being released from rehab could be her local gym … because TMZ has learned she’s “dying to exercise.” Sources close to Lohan tell us the actress has not received permission to use the gym at UCLA’s Neuropsychiatric… Read more

See more here:
Lindsay Lohan — No Workouts in Rehab