Half avoid taxes, get US help, but many not poor

politics

Half avoid taxes, get US help, but many not poor 

ALAN FRAM | September 18, 2012 07:50 PM EST |

WASHINGTON — Mitt Romney got the math about right. But when he said 47 percent of Americans pay no income taxes and are “dependent on government,” he blurred together half or more of the entire country, ranging from the nation’s neediest to its middle class, and even some of its richest families.

Forty-six percent of the country’s potential taxpayers – some 76 million – paid no federal income taxes last year, according to a study by the Tax Policy Center.

While it’s true most of those nonpayers are poor, the numbers include many others who got tax breaks because they are old, have children in college or didn’t owe taxes on interest from state and local bonds. And of those who didn’t write checks to the IRS, 6 in 10 still paid Social Security and Medicare payroll taxes, and more than that paid federal excise taxes on items such as gasoline, alcohol and cigarettes, said Roberton Williams, who analyzes taxes at the center. Continue reading “Half avoid taxes, get US help, but many not poor”

Transcript: Vice President Biden’s Convention Speech

 Transcript of Vice President Joe Biden‘s speech at the Democratic National Convention, as prepared for delivery:
September 6, 2012
Enlarge J. Scott Applewhite/APVice President Joe Biden addresses the Democratic National Convention in Charlotte, N.C., on Thursday.

My fellow Democrats, and my favorite Democrat.

Jilly, I want you to know that Beau, Hunt, Ashley, and I are so proud of you. We admire the way you treat every single student who walks into your classroom. You not only teach them. You give them confidence. And the passion you bring to easing the burden on the families of our warriors. They know you understand what they’re going through. It makes a difference. And I’m grateful. So grateful that you said Yes on that fifth try.

And Beau, thank you for placing my name in nomination to be Vice President of the United States. I accept. Continue reading “Transcript: Vice President Biden’s Convention Speech”

Fact checking Bill Clinton’s speech and other Democrats at the convention in Charlotte

Fact checking Bill Clinton’s speech and other Democrats at the convention in Charlotte

Posted by at 06:02 AM ET, 09/06/2012


(LARRY DOWNING/REUTERS)

“We are not going to let our campaign be dictated by fact checkers.”

— Former president Bill Clinton, quoting Romney campaign pollster Neil Newhouse

Whew. In a previous life, The Fact Checker covered the Clinton White House and always marveled at Bill Clinton’s speechifying, his apparent command of policy and his sometimes slippery use of the facts. We are going to offer an initial take on some of his claims — and those of other Democrats — and then may come back to others in the coming days. Everyone needs to get some sleep.

“He [Obama] has offered a reasonable plan of $4 trillion in debt reduction over a decade. For every $2.5 trillion in spending cuts, he raises a dollar in new revenues, 2.5 to 1. And he has tight controls on future spending. That’s the kind of balanced approach proposed by the Simpson-Bowles commission, a bipartisan commission. … It passes the arithmetic test.”

— Former president Bill Clinton Continue reading “Fact checking Bill Clinton’s speech and other Democrats at the convention in Charlotte”

2012 Democratic National Convention: Remarks as Prepared for Delivery by The Honorable Richard Trumka, President of the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO)

PR Newswire: news distribution, targeting and monitoring

2012 Democratic National Convention: Remarks as Prepared for Delivery by The Honorable Richard Trumka, President of the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO)

CHARLOTTE, Sept. 5, 2012 /PRNewswire-USNewswire/ — The following is a copy of a speech, as prepared for delivery, by The Honorable Richard Trumka, President of the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), at the Democratic National Convention on Wednesday, September 5, 2012:

(Logo: http://photos.prnewswire.com/prnh/20120720/MM44058LOGO)

Good evening, brothers and sisters. I’m Richard Trumka, president of the AFL-CIO. I’m a third-generation coal miner from Nemacolin, Pennsylvania. I’m here on behalf of millions of people who do the work of America.

Last week, Mitt Romney told us that he and his friends built America—without any help from the rest of us. Well, let me tell you, Mitt Romney doesn’t know a thing about hard work or responsibility. We are the ones who built America. We are the ones who build it every single day—because it is our work that connects us all. Continue reading “2012 Democratic National Convention: Remarks as Prepared for Delivery by The Honorable Richard Trumka, President of the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO)”

%d bloggers like this: