TAXES | WHAT REALLY HAPPENED


TAXES

Dec 25 05:33

Trump Signs Bill Adding Funds for Missile Defense, Destroyer Fixes

>$4 billion for missile defense programs at the Pentagon to combat the ballistic missile threat posed by North Korea, including $200 million to build a new missile field in Alaska;
>$2.1 billion for the Veteran Affairs Department's Veterans Choice Program; and
>$674 million for the Navy to repair the Arleigh Burke-class destroyers USS John S. McCain and USS Fitzgerald, both of which were damaged in separate collisions with commercial vessels in the Pacific this summer, resulting in the combined deaths of 17 sailors.

"We are ordering $4 billion worth of missile defense equipment and missiles," Trump said during a bill signing at the White House. "Very important. Top of the line. Best in the world. We make the best military product in the world, and nobody is even close."

The president added, "And so we're ordering $4 billion worth of missile defense, and that will be done by signing right here and also by notifying the Speaker of the House and President of the Senate, designating the missile defense as emergency defense fund. So it's $4 billion for that and $700 million for various other military forms of equipment. And I'm very honored to be doing that. Our military has been doing a fantastic job in so many ways, with ISIS. And everything they're touching lately has been working out. So we're signing that."

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Dec 23 09:46

'I'm going to trickle my fat a** down to the jewelry store' for a new Rolex: Charles Barkley trashes $1.5 trillion tax cut because Republicans took care of 'us one percenters' but not the poor

TNT NBA analyst and Hall of Famer Charles Barkley didn't agree with the Republican Party's $1.5 trillion tax cut, but since he is one of its beneficiaries, he says he'll be getting himself a new watch.

'They say [the money is going to] trickle down,' Barkley said during TNT's 'Inside the NBA.' 'I'm going to trickle my fat a** down to the jewelry store and get me a new Rolex.'

Dec 23 08:57

National Park Service rolls back its free days

Bad news, nature lovers: the National Park Service has slashed its no-cost admission days by 60 percent for 2018.

(*not really , once we calculate our windfall profits from the 'All About The Working Class' Tax Break !)

Dec 23 07:31

3-(Mis)Statements About Tax Reform

Dec 23 06:30

What Will the Tax Law Do to Over-Indebted Corporate America?

A crackdown on excessive debt. Financial engineering gets more expensive.

Dec 23 04:40

Make ‘Em Pay’? Trump Spends $5 Billion on Europe’s Defense

The “European Defense Initiative” was launched after the US-backed coup in Ukraine to counter Russian “aggression” in the region. Its budget has quintupled to nearly $5 billion next year. Hundreds of millions will be spent to rebuild military bases in eastern Europe. What happened to making the Europeans pay for their own defense? On today’s Ron Paul Liberty Report:

Dec 21 09:51

Paul Ryan Asked If He's 'Living In A Fantasy World' Amid His Defense Of Tax Bill

Guthrie expressed skepticism that the bill would lead to higher pay for workers, and to buttress her point she quoted former New York Mayor Michael Bloomberg:

“CEOs aren’t waiting on a tax cut to ‘jump-start the economy’ ? a favorite phrase of politicians who have never run a company ? or to hand out raises,” wrote Bloomberg in an op-ed earlier this month. “It’s pure fantasy to think that the tax bill will lead to significantly higher wages and growth.”

Dec 20 11:48

House sends sweeping GOP tax bill to Trump's desk

The House of Representatives gave final approval Wednesday afternoon to its major rewrite of the US tax code, voting a second time on the package after the Senate stripped out a couple of items early on Wednesday morning and sent the legislation back to the lower chamber.

Dec 20 06:03

Trump Is Pursuing a Defense Spending Hike and a Pentagon Audit at the Same Time?

Left unmentioned in the president’s speech on Monday regarding the National Security Strategy is that, under his direction, the Pentagon is undergoing its first audit in history. It’s not referenced in the document itself, either, though “restraining Federal spending” and “making government more efficient” are mentioned. The National Interest pointed out last week how little attention the audit is getting.

When the Republicans first made gains back in the Barack Obama era, they did so on the Tea Party wave. Now-forgotten is that many of those emerging political stars, like Rand Paul and Mike Lee, dissented from party orthodoxy on military spending. That legacy carries on, to some extent, today; Paul and Lee were among only eight senators to vote against the National Defense Authorization Act earlier this year.>>>

Dec 19 13:20

House GOP approves massive tax overhaul as Senate prepares to vote

House Republicans on Tuesday approved sweeping changes to the U.S. tax code, barreling toward the GOP goal of passing the first major tax overhaul in decades by the end of the year.

It passed the chamber by a 227-203 margin, with Republicans erupting in cheers when the bill garnered enough support. Twelve Republicans — all from high-tax blue states — opposed the plan. As House members voted on the legislation, chants of "shame!" came down from protesters in the chamber's gallery.

The House vote sends the broadly unpopular tax bill to the Senate, where Republicans are expected to push it through by Wednesday morning. With Senate passage, the legislation would go to President Donald Trump to sign it into law.

Dec 18 01:32

Half of Total Trump-GOP Tax Plan Benefits Go to Richest 5%

It's simple. Profit-hungry corporations get a permanent windfall and the rich receive massive cuts. Everyone else—sooner or later, like it or not—gets to help pay for it all.

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Dec 18 01:25

US 'World Champion of Extreme Inequality', UN Envoy Warns

The United Nations monitor on poverty and human rights has issued a devastating report on the condition of America, accusing Donald Trump and the Republican leadership in Congress of attempting to turn the country into the “world champion of extreme inequality”.

Philip Alston, the UN special rapporteur on extreme poverty and human rights, has completed a two-week official tour of the US by releasing an excoriating attack on the direction of the nation. Not only does he warn that the tax bill currently being rushed through Congress will hugely increase already large disparities between rich and poor, he accuses Trump and his party of consciously distorting the shape of American society in a “bid to become the most unequal society in the world”.

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Dec 16 14:10

Federal agent alleges U.S. misconduct, cover-up in Bundy Ranch trial

A federal investigator is alleging prosecutors in the Bundy Ranch standoff trial covered up misconduct by law enforcement agents who engaged in "likely policy, ethical and legal violations."

In an 18-page memo to the Assistant U.S. Attorney General, Special Agent Larry Wooten said he "routinely observed ... a widespread pattern of bad judgment, lack of discipline, incredible bias, unprofessionalism and misconduct" among agents involved in the 2014 armed standoff.

He said his investigation indicated federal agents engaged in excessive force, civil rights and policy violations.

Dec 16 11:02

Time for the GOP to rally to President Trump and the agenda that won 2016

As evidenced by the outcomes of both the Virginia gubernatorial race and the Alabama Senate special election, no matter what, Democrat voters are going to be extremely motivated in 2018 to take back Congress.

For, this is no time to panic.

Instead, it is time for Republicans to rally to President Trump and the agenda that won the election in 2016. That is, cut taxes, repeal Obamacare, appoint conservative judges, get better trade deals, slash regulations, curb illegal immigration and build the southern border wall. Also, no bad deals on DACA amnesty. The wall is not enough; chain migration has to be ended.

Dec 16 10:00

Protester with no legs is shot dead by Israeli troops along with two other Palestinians, as riots sparked by Trump's Jerusalem declaration continue in Gaza

Pictures and video of the man,including him making his living washing cars before the Israelis murdered him.
Trump just loves Israhell!

Israeli troops shot dead a wheelchair-bound man with no legs in Gaza today as three other Palestinians were killed during protests, medical officials said.

Another 150 were hurt as protests over US President Donald Trump's recognition of Jerusalem as Israel's capital enter their second week.

Disabled Ibrahim Abu Thurayeh, 29, was taken to al-Shifa hospital in Gaza City after being shot by troops but was later pronounced dead.

Dec 15 07:44

The Best Tax Incentive In The World

Dec 14 05:11

Do You Know What Is In The Tax Bill That Congress Is About To Pass?

A conference committee has been merging the tax bills that were passed by the House of Representatives and the Senate, and even though we could still see some minor changes, it looks like the major parameters of the final bill have now been agreed upon. 

Dec 13 06:51

The US Military Is the Biggest "Big Government" Entitlement Program on the Planet

The US economy is caught in a trap. That trap is the Department of Defense: an increasingly sticky wicket that relies on an annual, trillion-dollar redistribution of government-collected wealth. In fact, it's the biggest "big government" program on the planet, easily beating out China's People's Liberation Army in both size and cost. It is not only the "nation's largest employer," with 2.867 million people currently on the payroll, but it also provides government benefits to 2 million retirees and their family members. And it actively picks private sector winners by targeting billions of dollars to an elite group of profit-seeking contractors.

The top five overall recipients collectively pulled in $109.5 billion in FY2016, and their cohorts consistently dominate the government's list of top 100 contractors. They reap this yearly largesse through a Rube-Goldberg-like system of influence peddlers, revolving doors and wasteful taxpayer-funded boondoggles. Finally, it is all justified by a deadly feedback loop of perpetual warfare that is predicated on a predictable supply of blowback.

But this belligerent cash machine doesn't just produce haphazard interventions and shady partnerships>>>

Dec 13 01:26

Trump signs $700bn military funding bill

(*RELATED:) US 'Living Off 1950s Infrastructure,' Must Spend $2 Trillion to Modernize
http://www.whatreallyhappened.com/comment/reply/648611

Dec 12 16:31

The GOP Tax Bill Eliminates Critical Deductions for Disaster Victims

If devastating wildfires sweep across California again next year—not unlikely considering even Governor Jerry Brown has called it the “new normal”—the hardest hit may not be eligible for the same support as they are this year, thanks to the GOP’s fast-moving tax bill.

As Congress pushes full steam ahead with its controversial plan to cut taxes (mostly for the wealthy and corporations), analysts are finally getting a chance to look at the impact such drastic measures would have on the majority of Americans. One major issue is how the plan would limit taxpayers’ ability to write off damages from future disasters.

Dec 12 11:56

Tax Bill: John Cornyn’s Fossil Fuel Provision Would Personally Enrich Republican Lawmakers

When Texas Sen. John Cornyn slipped an obscure tax break for pipeline giants into the GOP tax bill, he wasn't just helping major Republican Party donors, he was also potentially helping 16 of his congressional colleagues. Together those 16 lawmakers — 13 Republicans, three Democrats — own multimillion-dollar stakes in the special investment vehicles that stand to benefit from Cornyn’s amendment. They include three of members of the Texas Congressional delegation: Sen. Ted Cruz and two top Republicans in the U.S. House.

Cornyn’s amendment, which was introduced just hours before the Senate passed the tax bill on Dec. 2, provides a tax deduction for investors in energy-related master limited partnerships (MLPs) — investment entities primarily used by oil and gas pipeline corporations.

Dec 11 03:37

Defense Contractors Hold Pentagon Hostage With Contracts

A new Government Accountability Office report, released in October 2017, details problems the services are having keeping the F-35 fleet ready for combat. One problem it highlighted was that, at a time when the Pentagon is desperate to ramp up production of new aircraft, the services have to wait an average of 172 days—nearly six months—to repair components for the F-35 Joint Strike Fighter (JSF), when it should only take between 60 and 90 days. While this aspect of the report garnered most of the headlines, the report reveals a much more fundamental and systemic problem involving most of the latest high-tech weapon systems: Defense contractors are creating complicated support systems for the increasingly complex weapon systems the Pentagon buys, which allows the contractors to secure long-term contracts for which they have no competition from other companies.

The F-35 serves as the ultimate example of this arrangement. Under the current plans, the American people will spend $406.5 billion for research, development, and procurement for a fleet of 2,456 F-35s. That is a staggering figure, but it pales in comparison to the costs to sustain the program. These costs are expected to top $1.2 trillion through 2060>>>

Dec 09 06:43

FAKE NEWS CAMPAIGN: AMERICANS FALSELY THINK THEIR TAXES WILL RISE WITH GOP PLAN

Due to an influx of fake news and anti Trump propaganda, as per a CBS News poll, a large number of Americans have been misinformed and are now believing that President Trump’s tax cuts are not really tax cuts, but yet another boon for the richest one percent, or something along these lines.

Dec 08 07:31

Americans Spent $409 Billion Filing Taxes In 2016—That’s 2.2 Percent Of GDP

According to a report from the Tax Foundation, Americans spent $409 billion (2.2 percent of GDP) on tax compliance in 2016.  This works out to 8.9 billion man-hours wasted preparing tax returns, which is the equivalent of roughly 4 million full time jobs.

Dec 07 07:15

EU's tax haven blacklist ruthlessly mocked after bloc REFUSES to include member states

Earlier today, EU finance ministers agreed 17 countries including South Korea, Panama, Saint Lucia, Samoa, Trinidad and Tobago, Tunisia and the United Arab Emirates (UAE) are not doing enough to crack down on offshore tax avoidance schemes.

These countries and American Samoa, Bahrain, Barbados, Grenada, Guam, Macau, Marshall Islands, Mongolia, Namibia, Palau, now face restrictions on EU funding or potential investments from the European Investment Bank, while the governments of member states are able to impose their own sanctions on the blacklisted states.

However, the blacklist has already been condemned for being “politically led” after EU countries including Luxembourg and Ireland were left off the list.

Dec 06 14:26

How Tax Cuts Will Trigger Recession

Dec 06 07:27

Paul Craig Roberts Exposes "Plunder Capitalism"

I deplore the tax cut that has passed Congress. It is not an economic policy tax cut, and it has nothing whatsoever to do with supply-side economics. The entire purpose is to raise equity prices by providing equity owners with more capital gains and dividends.

Dec 05 07:59

HOUSE REPUBLICANS WANT TO END STUDENT LOAN FORGIVENESS FOR PUBLIC INTEREST JOBS

WHILE SENATE REPUBLICANS last week hashed out the details to pass a bill that would hike taxes for the middle class in order to slash them for corporations, House Republicans unveiled a higher education bill that would broadly reshape how the federal government pays for and regulates college — by cutting back on various student aid programs while also lifting current regulations that require for-profit colleges to meet certain thresholds to receive tax dollars.

Dec 05 07:40

House Republicans Already Shooting Down Tax Bill's Promises

House conservatives are already indicating that they're prepared to block some of the key legislative promises that Senate Republicans demanded in exchange for their vote on tax reform legislation.

Those promises materialized in the frantic final hours of the tax debate last week, as Senate Majority Leader Mitch McConnell (R-KY) gave Sens. Susan Collins (R-ME) and Jeff Flake (R-AZ) assurances that some of their personal legislative priorities would be dealt with in exchange for their votes.

Collins said she received a promise that the Senate would consider two bipartisan pieces of legislation that would ostensibly mitigate the negative effects that could come from the tax bill’s repeal of Obamacare’s individual mandate. Flake said he received a “firm commitment from Senate Leadership and the administration” to work on a permanent protections for the soon-to-be-ended Obama-era program that shields children of undocumented immigrants.

Dec 04 07:44

Grassley: No Tax Cuts For Working People Because They Blow Them On ‘Booze Or Women’

Iowa Senator Chuck Grassley decided to shove his foot so far down his throat, he may need a visit to a gastroenterologist to remove it fully. During an interview with the Des Moines Register, Grassley actually said that rich folks who "invest" are more deserving of tax cuts because they don't waste money on things...like, you know, food and housing and childcare.

His exact quote:

“I think not having the estate tax recognizes the people that are investing,” Grassley said, “as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies.”

Rich folks don't waste money on those things. They save it for cocaine and hookers, don’t they? That claim is at least as valid as Grassley’s.

Grassley's despicable and condescending attitude sums up the viewpoint of the Republican party. Average, hard working Americans don't deserve tax breaks. Ever. It's all about the donor class. And the billionaires.

Dec 03 08:47

IN MAJOR VICTORY FOR TRUMP, SENATE PASSES TAX-CUT BILL WHICH NOBODY READ: HERE'S WHAT'S IN IT

Shortly before 2am on Saturday, the Senate passed "the most sweeping rewrite of the U.S. tax code in three decades, slashing the corporate tax rate and providing temporary tax-rate cuts for most Americans" handing Republicans a badly needed legislative and political victory. Senators voted across party lines in a 51-49 vote, ending days of debate and "hand wringing" as leadership worked frantically behind the scenes to win over holdouts and get the proposal in line with the chamber’s rules.

Dec 02 06:53

REPUBLICANS WILL CUT SOCIAL SECURITY AND MEDICARE AFTER TAX PLAN PASSES, SAYS MARCO RUBIO

Florida Senator Marco Rubio admits that the Republican tax cut plan to aid corporations and the wealthy will require cuts to Social Security and Medicare to pay for it.

Rubio told reporters this week that in order to address the federal deficit, which will grow by at least $1 trillion if the tax plan passes, Congress will need to cut entitlement programs such as Social Security. Advocates for the elderly and the poor have warned that entitlement programs would be on the chopping block, but this is the first time a prominent Republican has backed their claims.

Dec 01 19:46

Poop Map of San Francisco

This map outlines poop danger areas in San Francisco.

Why Is There So Much Human Shit on the Streets?
By Noah Sanders

There are more than 10,000 people living on the streets at any given time in our fair City by the Bay. San Francisco must be scrambling hand over foot to provide at least some semblance of a plan for their very apparent human needs. Right? Wrong. I reached out to Jennifer Friedenbach, the executive director of San Francisco’s Coalition on Homelessness over the phone, and she laid out the overarching cause of our defecation dilemma.

https://thebolditalic.com/why-is-there-so-much-human-shit-on-the-stree...

www.sfchronicle.com/archive/item/A-decade-of-homelessness-Thousands-in...

Nov 28 08:16

George Soros BIGGEST TAX EVASION in HISTORY! Here’s How He Did It!

If you wanted to cash in on billions of dollars and take your profits, but didn’t want to pay any taxes, what would you do? Well the wealthiest individuals have found an excellent way to do this. Not only are they allowed to do so legally, but they are applauded for their generosity. Let’s break it down.

Nov 26 07:13

Huge spike in US military non-combat plane crash fatalities in 2017 – report

The number of US servicemen killed in plane crashes has “skyrocketed” in 2017 compared to last year. The gruesome revelation comes just days after three US sailors were killed in a plane crash in the Philippine Sea.

According to Fox News, 22 US military planes have crashed so far this year while flying non-combat operations – up 38 percent from last November.

Thirty-seven US service members have died in these accidents. The current death toll is 130 percent higher than the number of servicemen killed in non-combat crashes from the year before.

The most recent incident occurred Wednesday>>>

Nov 24 13:57

Judge Rules Seattle’s Income Tax On Wealthy Is Illegal

By Aaron Kesel

A Seattle King County Superior Court ruled that a controversial piece of legislation meant to tax wealthy households is illegal, Seattle Times reported.

In a judgment, Judge John R. Ruhl said the city ordinance adopted in July is not authorized under state law...

Nov 24 06:50

Saudis Get $7B in US Arms for Yemen War

(*but if you so much as photoshop an image to demonstrate your disdane for this allotment , here in the land of the free ...)

Nov 23 10:26

Privacy Nightmare: Online Retailers Must Report Vermont Purchases To Government

By Aaron Kesel

Thanks to a new law in Vermont, the state may soon know your online purchases to pressure residents to pay a “use tax,” WCAX reported.

Vermont’s use tax is meant to make sure that Vermont citizens don’t shop online or across the border to avoid the state’s sales tax...

Nov 22 14:22

HUCKABEE LIVID OVER LATEST NONSENSE FROM LOIS LERNER

Lois Lerner wants her court transcripts sealed because she fears anger/revenge from taxpayers if they read all the details of what she did. Huckabee isn't having it.

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Nov 19 08:31

"Helpless, Raging" Charlottesville Families Shocked By These 2018 Obamacare Premiums..."It's Horrific"

Over the past several months, Democrats have jumped on every opportunity possible to blame the Trump administration for yet another year of staggering Obamacare premium increases. Ironically, despite arguments from the Left that Trump's defunding of Obamacare's marketing budget would cause 2018 signups to plunge, as Politico recently noted, they're actually up in 2018...which begs the question: was the Obama administration just wasting $100 million a year in taxpayer money for nothing? Shocking thought, we know.

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