Tag Archive: taxes

The Bernie Sanders tax fiasco

Presumably a pro-tax protester, 2010

Presumably a pro-tax protester, 2010

Why hasn’t Bernie Sanders released his tax returns for prior years? That’s the question an increasing number of people are asking. First, Sanders answered, “My wife does our tax returns. We have been a little busy lately.” Then, Sanders falsely claimed that “Of course, we have released them in the past.” On Monday, Bernie’s wife Jane gave an interview with Mark Halperin of Bloomberg TV‘s “With All Due Respect” that was beyond embarrassing on the Sanders’ taxes issue. Jane Sanders said, in response to various questions by Halperin: “I have to go back and find them,” “We haven’t been home for a month,” “When they’re due, I would expect them to come out,” “They’ve [the Clintons] been in office all these years, they have done it,” etc. In reaction to all of these delays and excuses by the Sanders, folks are starting to say the following things:

Town hall meeting with Representative Brad Sherman of California

Rep. Brad Sherman (D-CA)

Rep. Brad Sherman (D-CA)

Last Tuesday night, Representative Brad Sherman, Democrat from California’s 30th Congressional District north of Los Angeles, held a town hall meeting by telephone. Taking questions from constituents, Sherman explained his positions on a number of hot issues, including the Trans-Pacific Partnership (TPP), climate change, Net Neutrality and California’s historic drought. Sherman also appeared on the RT network on Tuesday to talk about the TPP. Join us for a recap of these events after the jump:

New York City’s Obama economic boom

Manhattan's High Line trail overlooking new West Side construction

Manhattan’s High Line trail overlooking new West Side construction

A visit to New York City reveals a metropolis transformed by a seemingly unprecedented economic boom. Numerous neighborhoods, such as the areas along the well-planned High Line park, are gentrifying and have become Euro-fashionable, with boutiques to match. Williamsburg, Brooklyn, once home to bearded Hasidic Jews, is now the Mecca of bearded hipsters and young families, and has almost become a pricey parody of itself. Condo skyscrapers are reaching new heights, both physically and in terms of dollars. Restaurants and cafes, many of them quite expensive, are filled night after night. And President Barack Obama deserves a fair share of the credit.

Enjoy your low Obama taxes today

One of the many Republican lies is that President Obama has raised your taxes. Other than for a miniscule sliver of top-salaried Americans, the opposite is true — President Obama has lowered a number of taxes, and today, Tax Day, most Americans enjoy some of the lowest federal income taxes of their lifetimes.

The Republican disconnect

Pig at the trough, Via Flora, West Palm Beach, FL

Pig at the barrel, Via Flora, West Palm Beach, FL

Here in a little corner of Southeast Florida, it’s Republican Land. You’ve got your gun-clinging rednecks, your Bible thumpers, and your One Percenters. The last group is something to behold. Their car of choice this year is the $200,000 Bentley convertible. Their home of choice is the Spanish style mansion behind the gates guarded by security personnel in starched uniforms. And their expression of choice is “I hate Obama.”

Republicans, embroiled in civil war, cave on revenue frame

It has been Republican dogma for the past several years or longer that “we don’t have a revenue problem, we have a spending problem.” Kowtowing to private citizen Grover Norquist and his “no tax increase in any form, under any circumstances” pledge, Republicans in Congress and elsewhere have heretofore rejected any kind of balanced approach to shrinking the U.S. debt and deficit that involves raising revenues in any way. In one famous moment at their August 11, 2011 debate in Iowa, the Republican presidential candidates all rejected even a hypothetical solution that consisted of a ten to one ratio of spending cuts to tax increases. However, in the wake of their considerable defeat in the 2012 elections, the Republican wall against raising revenues is now crumbling.