Tag Archives: taxes

Lawrence O’Donnell Exposes Liberal Ignorance of Tax Code

Lawrence O'Donnell on Tuesday surprisingly exposed how ignorant liberals are of the tax code. In a sometimes heated discussion with prominent progressives on MSNBC's “The Last Word,” the host aggressively challenged the knowledge of two of his guests (video follows with transcript and commentary): read more

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Lawrence O’Donnell Exposes Liberal Ignorance of Tax Code

CNN: Keeping Current Tax Rates is Increasing Government Spending

On Tuesday's Newsroom, CNN tried to spin the proposed compromise between President Obama and congressional Republicans to keep the current tax rates as a ” package that increases spending dramatically .” Correspondents Jessica Yellin and Joe Johns forwarded the liberal talking point that the Republicans were breaking their campaign promise to reduce government spending with this proposal. Yellin appeared with anchor Brooke Baldwin just after the bottom of the 3 pm Eastern hour. After playing a montage of several clips of President Obama promising to “roll back the Bush tax cuts for the wealthiest Americans,” Baldwin stated that “it's not just the President, as we saw in the montage, breaking a promise. It's also- correct me if I'm wrong- the Republicans breaking a promise as well .” The liberal CNN correspondent replied with the faulty concept that letting taxpayers keep more of their income is government spending (thus treating all income as if it belonged to the government): read more

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CNN: Keeping Current Tax Rates is Increasing Government Spending

Krauthammer on Obama’s Televised Tax Announcement: He Was Addressing Daily Kos, NYT and MoveOn

Charles Krauthammer on Monday said that when Barack Obama spoke to the nation hours ago to announce a tax extension compromise just reached with Republicans, “It was actually a speech addressed at Daily Kos, the New York Times, and MoveOn.” In Krauthammer's view expressed on Fox's “Special Report,” “This was a speech aimed at appeasing the Left which is extremely angry over this” (video follows with transcript and commentary): read more

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Krauthammer on Obama’s Televised Tax Announcement: He Was Addressing Daily Kos, NYT and MoveOn

Rachel Maddow Inexplicably Lapses Into Accuracy on Bush Tax Rates

Mark your calendar, who knows when you'll see this again. Rachel Maddow provided two different takes about congressional action on extending the Bush tax rates during her MSNBC show Thursday, the first account characteristically wrong, the second belatedly accurate.

ABC, FNC Highlight Dem Senator’s Comparison of Republicans to Terrorists

MRC’s Bozell Discusses Media’s Pro-Tax Hike Bias on December 3 ‘Fox & Friends’

While the media have been hyping rich liberals like Ted Turner and Warren Buffett calling on Congress to raise taxes on Americans earning over $250,000 per year, they've failed to inform the public that the nation's top earners already pay a disproportionately large share of the nation's tax burden, NewsBusters publisher Brent Bozell told Fox News's Steve Doocy on this morning's “Fox & Friends” : read more

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MRC’s Bozell Discusses Media’s Pro-Tax Hike Bias on December 3 ‘Fox & Friends’

Nets Expound on ‘Cost’ of Maintaining Tax Rates, Stress How ‘Tax Break for the Wealthy Increases the Deficit’

Framing the debate through a liberal prism hostile to continuing the current income tax rates, ABC and CBS worried Thursday night about the “cost” of not raising taxes, as if all money belongs to the government, as both expounded on how not ending the Bush rates will fuel massive deficits. “If all the Bush tax cuts end for the top two percent of earners, $700 billion will be added to government coffers,” CBS Evening News anchor Katie Couric warned, and “if all the cuts stay in place, the deficit will soar by $3.7 trillion over ten years.”

Curren$y Calls Himself ‘A Living Mission Statement’

MC plans to drop three albums this year, including the just-released Pilot Talk 2. By Hillary Crosley Curren$y Photo: MTV News Forget releasing multiple mixtapes in one year; what about multiple albums? New Orleans MC Curren$y has done just that, releasing his follow-up to July’s Pilot Talk, appropriately titled Pilot Talk 2, on November 22. “I have no shortage of raps, and there’s no shortage of wack music in the world, so there has to be an alternative,” Curren$y told MTV News. “There’s people who are not so excited about what’s going on with music. A lot of the times, it sounds like the same song’s on the radio all day, even though it’s not. Everything sounds like everything.” The MC, who released his first Pilot Talk LP through Damon Dash’s revitalized Roc-A-Fella label and Island Def Jam, is no stranger to the taxes of an artist’s life. But Curren$y, born Shante Franklin, decided to take his career into his own hands, shying away from radio-friendly songs in favor of smoke-filled grooves like the ’70s-inspired song “Famous” on his newest project. “The fact that everybody gives me so much flak for not conforming lets me know that there’s a need for this,” Curren$y said. “It’s a break from the norm, like, ‘Well, I’m gonna keep on doing this. I should give them two before it’s done.’ Everybody’s like, ‘Ah, if he would just do a song for the radio.’ “I’m trying to show that there’s a way to survive without playing that game, without conforming,” he continued. “So the fact that I could put three albums out not conforming shows people like, ‘Dude, if you think you’re right, you’re probably right.’ Just stick to your guns and eventually it’ll all line up … I am just a living mission statement; I have to do it.” The MC says that he’s planning to release one more album this year, Muscle Car Chronicles, and Pilot Talk 3 will hit shelves possibly in April. Curren$y, along with Smoke DZA, Nipsey Hu$$le and Dom Kennedy, hit the road Thursday for the Smoker’s Club Tour West in Seattle. What do you think about Curren$y’s nonstop album releases? Let us know in the comments! Related Artists Curren$y

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Curren$y Calls Himself ‘A Living Mission Statement’

AP, SFGate.com Lament Senate GOP Stand on Priority of Tax Cuts for Lame Duck Session

“Senate GOP: Extend tax cuts or else,” reads the teaser headline for an Associated Press story at SFGate.com, the website for the San Francisco Chronicle. [Screen capture posted after page break] “Republicans send letter to Harry Red threatening to block virtually all legislation until expiring tax cuts for wealthy are extended,” an accompanying caption

ABC’s Amanpour Trumpets ‘Tax Us More’ Liberal Democratic Quartet

At a time when the American mood has turned against excessive government spending, Christiane Amanpour devoted Sunday’s This Week to four liberal Democratic billionaires, though she failed to identify their political orientation, who want higher income tax rates on the wealthy. Unmentioned during the pre-taped interviews with Warren Buffett, Bill and Melinda Gates, Ted Turner and Tom Steyer revolving around their participation in “The Giving Pledge” – the promise to give away at least half their wealth: how they are free now to give all the money they want to the federal government. Amanpour began by touting: “Warren Buffett has been practically begging the country, begging Congress to tax him more. In fact, many of the richest Americans like Buffett, Bill and Melinda Gates and Ted Turner say that they should pay higher tax.” In between letting Buffett expound at length on why taxes should be hiked, she fretted to Bill Gates: “If people aren't going to pay for the services that they need, how are those services going to get funded, do you think?” read more

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ABC’s Amanpour Trumpets ‘Tax Us More’ Liberal Democratic Quartet