Benefits of Healthcare Reform on Small Businesses Focal Point of South Carolina Listening Tours New Small Business Health Plan Rolls Out Free events beginning Aug. 29 open to all small businesses; chance for entrepreneurs to learn about new law and share ideas about how to implement it in South Carolina. Plus information on new small […]
Health insurance meetings start Monday in Charleston Read More »
We’ve found the solution to decreasing the country’s deficit spending—more revenue! According to a report yesterday from the U.S. Treasury Department, the federal government decreased deficit spending by 6% ($70 billion) in 2011 to date compared to the same period in 2010. If we continue to do that for the rest of the year that
Deficit reduction achieved Read More »
Remember the big fight late last year over extending the Bush tax cuts on the wealthiest Americans. Those wanting to keep the cuts argued that small business owners would be hurt because many or most of them had individual taxable incomes of over $200,000 or joint incomes of over $250,000. Tax these people more and
Identifying real small-business owners Read More »
Below is a statement on the debt ceiling deal from Citizens for Tax Justice released 8-2-11.—————————————————————————————————- President Obama Breaks His Promise on Taxes Again The so-called “Budget Control Act” that President Obama signed into law today to increase the federal debt ceiling and reduce the federal budget deficit marks the second time the Obama administration has
The FOXNews of budget agreements. That’s the best description of the debt ceiling compromise passed by the House yesterday and by the Senate today. No matter how many times FOXNews calls itself “fair and balanced”, the hard evidence tells the real story of slanted and faux news at the Murdoch network. The same PR charade
Fair and balanced??? Read More »
By Rep. Lloyd Doggett (D-Texas) The Hill’s Congress BlogJuly 26, 2011 As Washington considers solutions to our debt crisis, I believe a fundamental principle — before we consider cutting vital programs or raising tax rates—is ensuring everyone pays their fair share. I always find it impossible to explain why a pharmacist in Lockhart, Texas, or
‘Shared sacrifice’ in debt reduction should include international tax loopholes Read More »
Last night we heard from President Obama and Speaker Boehner about their ideas for addressing deficit reduction and raising the debt ceiling. The President spoke about the need to close corporate tax loopholes and end offshore tax haven abuse—issues that you have heard me talk about many times. Unfortunately, neither deficit reduction plan on the table
Don’t talk about it….do it Read More »
OK. I admit that I got my hopes up upon hearing that U.S. Senate Democrats and Republicans were talking nice about the Gang of Six deficit reduction outline that included revenue increases as well as budget cuts. But as they say—the devil is in the details. And the details in the Gang of Six proposal
“Gang of Six” tax plan–sacrifice for all but multinationals Read More »
As the debt ceiling debate rages on, it appears that Congress and the President are looking at a plan to simply raise the debt ceiling enough to allow the federal government not to default for a short period of time and do some budget cuts along with it. What a tremendous waste of an opportunity
Balanced deficit reduction Read More »
The primary theme of my blogs this week has been U.S.-based multinational corporations not paying their fair share in taxes because of their use of offshore tax havens. On Wednesday General Electric chairman and CEO Jeffrey Immelt was in Greenville, SC, touring one of GE’s plants. The Associate Press reports that Mr. Immelt said that
Business good for multinationals Read More »
