America’s Most Hated President is Pushing a Despised Congress to Pass an Unpopular Tax Bill

We all need to let this sink in. The Republican-controlled Congress is frantically trying to get a tax bill to Donald Trump’s desk before he is impeached. The bill itself is a redistribution of wealth from the poor and middle classes to the rich and corporations. It will balloon the national debt and cause millions to lose their health insurance. But all of this is being pursued under extraordinarily peculiar circumstances.

Paul Ryan

What we are witnessing is a spectacle headlined by the least popular president in modern times. His approval ratings would need to improve substantially to reach the gutter. Gallup has him at a death-defying thirty-five percent. That’s just two points off of his all-time low of thirty-three percent earlier this week. He’s been mired in the low thirties for months. He has never risen above the forty-six percent he achieved at his inauguration.

The Congress is faring even worse. They are currently suffering an approval rating of only thirteen percent. That’s down by more than half from the already awful rating they had at the beginning of this session. Considering the fact that they have passed no significant legislation at all since then, it isn’t hard to understand the decline. All they have done is tried (and failed) three times to kill the popular ObamaCare program and find ways to defend Trump’s ignorance and divisiveness.

So Congress is going all in on a tax “reform” bill that promises to boost the economy, create millions of jobs, and cut taxes for everybody, without raising the debt. All of that has proven to be outright lies. The wealthy will be the only beneficiaries of this bill, while most middle class Americans will see tax increases. And the deficit will rise by more than a trillion dollars. Not surprisingly, this bill has garnered little support among the public. A paltry twenty-nine percent of voters support the GOP Tax Scam. More than half (56%) oppose it.

So what we have here is the most hated President in modern times pushing a despised Congress to pass a bitterly unpopular tax bill. It’s a thoroughly Republican project that got zero votes from Democrats. Nevertheless, the GOP is pulling out all the stops to force this garbage down the country’s throat whether they like it or not (they don’t).

How Fox News Deceives and Controls Their Flock:
Fox Nation vs. Reality: The Fox News Cult of Ignorance.
Available now at Amazon.

And throughout the process we are being told lies by representatives who have lost any pretense of decency. They are even going so far as to support a child molester for the senate in Alabama to insure they have the votes they need for this abhorrent legislation. Let’s hope the American people remember this betrayal by their so-called representatives and vote them out of office next November. Then we can get on with the business of impeaching the traitor in the White House.

WTF? Trump’s Treasury Secretary Says GOP Tax Plan Restores Great Depression Policies

When Donald Trump returns from his “Humiliate America Tour” of Asia he will be greeted by politics and scandals that he cannot continue to avoid. His embrace of Vladimir Putin, the ongoing investigation into his collusion with Russia, indictments of his campaign and administration staffers, sexual abuse by GOP senate candidate Roy Moore, and the already floundering Republican attempt at tax reform.

Donald Trump

Trump has dived hair first into the tax debate with his customary aversion to the truth. On multiple occasions he has referred to the still stewing tax legislation as the “biggest tax cut in history.” It isn’t. But that didn’t stop his Treasury Secretary (aka the Foreclosure King), Steve Mnuchin, from lying to CNN’s Jake Tapper on behalf of his pathological boss (video below). In this exchange Mnuchin attempts a shady two-step to relocate the goalposts to another county. Tapper addresses the falsehood that Trump is proposing the biggest tax cut in history:

Tapper: We’ve tried to find a way that this is true, but it’s not.
Mnuchin: This will be the largest change since President Reagan.

A large change since Reagan is not the same thing as the biggest cut ever. Tapper displayed several different ways to calculate the tax impact of the Trump bill, but none of them achieved the ludicrous claims of Mnuchin and the President. So Mnuchin reloads and aims to move the goal posts even further by pointing out that just the corporate tax rate would drop from thirty-five percent to twenty. That, of course, has no impact on the tax bills of average Americans. And it still doesn’t support Trump’s gross exaggerations.

Undeterred, Mnuchin followed that up with perhaps the worst defense of fiscal policy imaginable. He bragged that the pass-through tax rate (which mainly benefits large corporations) “is gonna be the lowest rate since the 1930’s.” So Mnuchin is expressing outright pride that his plan matches the one in effect during the Great Depression. Really?

The big lie that Mnuchin, Trump, et al, relentlessly propagate is that our current tax system makes the U.S. uncompetitive. And they say this at the same time that they brag about how great the American economy is doing. Trump praises himself regularly for the historic performance of the stock market (although he has nothing to do with that). But if that’s true, why would we need to give more tax breaks to the very people and businesses who are already disproportionately prospering? Especially at a time when there are so many other critical demands for resources, including natural disaster relief, healthcare, infrastructure, and deficit reduction.

The goal of the Republican Party has always been to restore the economic principles that benefit their primary constituency and donors – corporations. These are the same principles that brought about the Great Recession of 2008, and most other financial disasters. And that includes the Great Depression. However, we do not often hear them so openly admit that this is their objective. It’s bad enough that these robber barons are constantly trying to steal from the American people to enrich themselves. But when they are so comfortable that they feel no need to disguise what they’re doing, it’s a sure sign of trouble ahead.

How Fox News Deceives and Controls Their Flock:
Fox Nation vs. Reality: The Fox News Cult of Ignorance.
Available now at Amazon.

Trump Says His Tax Reform Plan Is ‘Not Good For Me, Believe Me’ – Hell No. Release YOUR Taxes!

This week Donald Trump suffered another legislative defeat as his latest attempt to kill ObamaCare was declared dead (again). So he traveled to Indiana on Wednesday to deliver a speech on his next project, tax reform. He promised to spell out the details of the plan that he will present to Congress. For the most part it was a rehashed jumble of familiar Republican proposals that rotted on the vine decades ago.

Donald Trump

Trump’s snake oil speech peddled such scams as eliminating the estate tax, that affects only 0.2 percent of taxpayers. He also wants to nix the Alternative Minimum Tax that insures that wealthy folks like himself can’t pile up deductions and pay nothing. Corporations will cheer Trump’s proposal to cut their tax rate from 35 percent to 20 percent. Never mind that the current schedule hasn’t stopped them from achieving record profits. He would also give them a privileged rate to repatriate offshore funds. It’s ironic that Trump has no problem demeaning the patriotism of people who protest systemic racism, but corporation that hoard money abroad to keep it out of U.S. treasuries – where it would benefit all Americans – are patriotic victims of the system.

Virtually everything in Trump’s plan would benefit corporations and the rich. His proposed tax brackets of 12 percent, 25 percent and 35 percent, would insure that those with higher income would bear a smaller share of the overall tax burden. At this time Trump has left out popular deductions for things like mortgage interest, charitable donations, or medical expenses. And all of this would supposedly be paid for by a growing economy. Except that that theory has been proven false every time Republicans implemented it in the past. And especially now, when economic recovery is in its eighth year and unemployment is at historic lows, it would have little to no impact.

So it was jarring to hear the President champion this creaky GOP sham as beneficial to low income earners. But to make matters worse, he adorned his gift to rich Americans with this shameless claim to selflessness (video below):

“Our framework includes an explicit commitment that tax refom will protect low income and middle income households, not the wealthy and well-connected. They can call me all they want. Not gonna help. I’m doing the right thing. And it’s not good for me, believe me.”

Believe you? Why the hell would anyone do that? If there’s one thing that Donald Trump is known for, it’s lying. His rated comments at PolitiFact are 69 percent “Mostly False, False” or “Pants on Fire.” He has been scored as telling a lie on average every three minutes. And the Washington Post has collected over 1,000 lies Trump has told since his inauguration.

More to the point, asking people to believe him about his taxes is the height of hubris. Despite promising to release his tax returns during the campaign, he now adamantly refuses to do so. Why would he break that campaign promise unless there was something seriously damaging in his taxes? It could be that he isn’t the success story he claims to be. Or maybe there are blatant violations of the law. It could reveal associations with mobsters. Or even worse – Russians. Anyone who is dumb enough to take Trump at his word should not be allowed outside of an institution. And if Trump wants to us to accept his claim that his tax proposals won’t benefit him, all he has to do is release his taxes. Don’t hold your breath.

How Fox News Deceives and Controls Their Flock:
Fox Nation vs. Reality: The Fox News Cult of Ignorance.
Available now at Amazon.

BREAKING: Donald Trump Says Something That’s Actually True – Hurricane Irma Will Be ‘Not Good’

The frequency with which Donald Trump has been caught lying has broken all records for political chicanery. And in the world of politics, that’s saying something. The Washington Post has documented more than a thousand Trump falsehoods just since Inauguration Day. PolitiFact records sixty-nine percent of his statements as being “Mostly False,” “False,” or “Pants on Fire.” Consequently, another disgorged dishonesty isn’t really news anymore. But when he says something that’s true – even accidentally – Stop the Presses!

Donald Trump

Wednesday morning is one of those rare occasions when Trump uttered something with some semblance of truth buried in it. That’s if you could decipher the inarticulate word salad he tosses around. In response to reporters questions about the approaching Hurricane Irma, Trump managed to squeeze out this brutal mangling of the English language (video below):

“The fact that there’s a new and seems to be record-breaking hurricane heading right towards Florida and Puerto Rico and other places. We’ll see what happens. We’ll know in a very short period of time. But it looks like it could be something that will be not good. Believe me. Not good.”

Well, the residents of “Other Places” better be on high alert. Because “something that will be not good” is headed their way. Apparently it’s very different than the catastrophic weather that pummeled Texas recently. When visiting the victims there Trump described it in positive terms saying that “It’s been a wonderful thing.”

However, the “not goodness” of Hurricane Irma may just be another example of the left-wing media fake news. At least according to Rush Limbaugh. He floated his theory yesterday that the the press focus on Irma was really just part of a devious plot. The purpose of the plotters was to help markets sell more bottled water and other supplies. It’s Limbaugh’s confirmation of the notorious cabal between Democrats and the convenience store lobby. What’s more, Limbaugh also claims that warnings about Irma advance the “hoax” of climate change:

“You can accomplish a lot just by creating fear and panic. You don’t need a hurricane to hit anywhere. All you need is to create the fear and panic accompanied by talk that climate change is causing hurricanes to become more frequent and bigger and more dangerous, and you create the panic, and it’s mission accomplished, agenda advanced.”

Since Limbaugh, a resident of South Florida, isn’t buying the fake news reports about Irma, he might want to consider a day at the golf course. He surely doesn’t need to prepare for that phony storm the media is trying to sell. Maybe he could even plan to meet Trump at the President’s mansion on the island of St. Martin. Which is, or is not, in the direct path of Irma, depending on whether you believe Limbaugh or some nerdy scientists.

Trump has yet to embrace Limbaugh’s conspiracy theory. But that may just be because he’s too busy manufacturing his own. The White House reported today that the President will go to North Dakota to deliver remarks about his (still non-existent) tax reform initiative. He tweeted the announcement of his trip saying that “We are the highest taxed nation in the world.” And with that, he added another notch to his belt of outright lies. We are not even close to the top. But at least he got the thing about Hurricane Irma being “not good” right. Even if he did sound like choleric two-year old.

How Fox News Deceives and Controls Their Flock:
Fox Nation vs. Reality: The Fox News Cult of Ignorance.
Available now at Amazon.

HUH? Trump Now Says He MIGHT Release His Tax Returns – ‘After I’m Out Of Office’

An interview of President Donald Trump by The Economist was published today. The transcript reveals a painfully incoherent man who appears incapable of answering a question. His rambling, off-topic responses are typically excuses to demean his opponents or brag about himself.

Donald Trump

Among the absurdities in the interview were his claim to have coined the phrase “prime the pump.” As the folks at Merriam-Webster tweeted later, that phrase is about two hundred years old. The interviewer even told him that he knew the phrase. But that didn’t stop the President from asserting that he made it up “a couple of days ago.” Well, not only didn’t he just make it up, he used it himself five months ago.

In that vein of utter nonsense, Trump was also asked about the political path to passing his tax reform plan. Democrats have recently been hinting that they would block any Trump tax bill if he didn’t release his returns. Their argument is that without that data it would be impossible to gauge whether the plan would improperly benefit the President and his family. The Economist sought to discern what negotiating strategies Trump might use to get enough Democratic support for the plan pass in Congress. That led to this exchange:

Economist: If you do need Democratic support for your tax plan, your ideal tax plan, and the price of that the Democrats say is for you to release your tax returns, would you do that?
Trump: I don’t know. That’s a very interesting question. I doubt it. I doubt it. Because they’re not going to…nobody cares about my tax return except for the reporters. Oh, at some point I’ll release them. Maybe I’ll release them after I’m finished because I’m very proud of them actually. I did a good job. […] I might release them after I’m out of office.

SRSLY? After he’s out of office would obviously be too late to apply anything that is learned from the data. It would be too late to catch him enriching himself, his family, and his cronies. It would be too late assess whether he had any improper dealings with Russia or other unsavory characters. What’s more, if he hasn’t felt sufficient pressure to release his taxes during his campaign or presidency, what would make anyone think he’d release them after he leaves office?

In addition to that phony offer, Trump also repeated the lie that no one cares about his taxes but reporters. Every poll on the subject shows large majorities of the American people want him to release his returns. A recent ABC News/Washington Post poll showed 74 percent in favor of releasing his returns. That includes 49 percent of his own supporters.

The excuse that an alleged audit prevents him from releasing the returns was never credible. Even the IRS refuted that claim as baseless. If Trump were really proud of the good job he did, he would have released his returns long ago. There’s nothing he likes better than a pat on the back and a cookie for good behavior. Clearly there is something he’s hiding that frightens him were it to be revealed.

How Fox News Deceives and Controls Their Flock:
Fox Nation vs. Reality: The Fox News Cult of Ignorance.
Available now at Amazon.

Between his tax returns and the rapidly unfolding connections to Russia, Trump is mired in a pool of quicksand of his own making. He is sinking fast and his only recourse is total obstruction. However, that’s a strategy that won’t hold up for long. And eventually even his Republican colleagues will start to abandon him in order to save their own necks. When that happens watch for the bottom to fall out fast.

Trump Was So Rattled By the Tax Day Marches He Posted Some Dumb Crap on Twitter

Saturday, April 15, saw tens of thousands of Americans taking to the streets in more than 150 cities. And it had nothing to do with it being the deadline to pay their federal income taxes. The occasion was to protest Donald Trump continuing to renege on his repeated promises to release his tax returns.

Donald Trump Chicken

True to form, Trump was noticeably upset by the outpouring of criticism from across a broad spectrum of the public. Not surprisingly, he expressed his dismay in fewer than 140 characters on Twitter. And as usual he made very little sense:

First of all, Trump once again demonstrates his grammatical incompetence. We should expect better from a president than “…what was an almost an impossible thing…” Especially a president who brags that he “has the best words.” And despite his ego-driven blindness, his tax returns are not just now being brought up. They have been a continuing issue since his campaign began.

More to the point, Trump’s ignorance of electoral history is appalling, but in line with his ignorance generally. Not only is it not impossible for a Republican to win the Electoral College, every Republican president has done it. And most have done it more easily than Trump. In fact, he lands at 46th out of 58 elections. As PolitiFact notes in rating his previous bragging false:

“Trump’s percentage doesn’t rank near the top. In fact, it ranks near the bottom, belonging somewhere between the lowest one-fourth and the lowest one-fifth of all Electoral College victories in history.”

Undeterred by reality, Trump goes on to question whether the protesters were paid to turn out. That would require quite a bankroll considering the massive attendance at these hardly “small” rallies. The assertion is absurd on its face. However, it isn’t the first time that Trump has proposed it. He leveled this charge during the campaign and was revealed to have been disseminating fake news. The only documented incident of payments being made to phony rally goers was when Trump himself did it.

In both of these tweets Trump returns to obsessing over an election that he lost by over three million in the popular vote count. That’s a record he is unlikely to brag about. He still seems to think that the election results have any bearing on the public’s interest in his tax returns. If anything, the public is more interested now than ever. Polls show that an overwhelming seventy-four percent of the people want him to release his returns. That includes forty-nine percent of his own supporters.

How Fox News Deceives and Controls Their Flock:
Fox Nation vs. Reality: The Fox News Cult of Ignorance.
Available now at Amazon.

So contrary to his whining that only the media cares about this issue, it’s clear that the American people are not going to let it slip away. Whatever he is trying to hide is going to come out one way or another. Whether it be corruption, his true net worth, or unsavory connections to Russia. His impotent excuses for withholding this information will not protect him from his responsibility to the people.

TWEET CHALLENGE: Alec Baldwin Mercilessly Trolls An SNL-Obsessed Trump

Donald Trump continues to demonstrate that he is temperamentally unfit to be president. As president-elect he is still exhibiting a level of thin-skinned narcissism that portends serious trouble ahead for America. Rather than focusing on the critical issues that face the nation, Trump busies himself with Broadway play reviews, media bashing, and attacks on TV comedy shows.

Alec Baldwin Trump

On Saturday night Trump once again went after Alec Baldwin for his satirical portrayal on Saturday Night Live. The opening segment mocked Trump’s Twitter addiction as so sever that it interfered with his national security briefings. Indeed, Trump has been neglecting those briefings since Election Day. Ironically, Trump jumped onto Twitter to respond with a bitter and substanceless put-down:

Trump has called SNL “unwatchable” before, but he’s still watching. Clearly he’s preoccupied with anything and everything that has to do with himself. The good news for Baldwin is that he can’t get any worse. It’s all uphill from here. Alec.

Baldwin had an appropriate reply to Trump’s tweet that turned the humor into something more serious:

Donald Trump is the first candidate in more than half a century to refuse to release his tax returns. We have learned from other sources that he didn’t pay income taxes for eighteen years. However, we still don’t have detailed information about his unsavory business ties. Those may include gross conflicts of interest and relationships with criminals or foreign operatives.

Trump has not taken up Baldwin’s challenge. And I wouldn’t hold my breath waiting for him to do so. The standard way Trump handles these sort of matters is to ignore them until he can think of a distraction. He has already posted a stream of tweets defending his atrocious deal to pay the Carrier Corp a bribe to get them to keep an Indiana plant open. For that price Carrier is still sending half the jobs from that plant to Mexico. That’s what dealmaker Trump thinks is a good deal.

Hopefully, the media that Trump despises will keep some pressure on him to release his taxes. This problem doesn’t go away just because he won the Electoral College vote. In fact, it’s even more important now because he will soon be making decisions that impact his own businesses. The American people have a right to know if their president is a crook. Now where have I heard that before?

How Fox News Deceives and Controls Their Flock:
Fox Nation vs. Reality: The Fox News Cult of Ignorance.
Available now at Amazon.

Watch the SNL opening here:

Stupid GOP Tricks: Slash The IRS Budget As Revenge For Phony Tea Party Scandal

Anyone looking for idiotic ideas from the Tea Party Republican Congress wouldn’t have far to travel before stumbling over a mountain of them. Some of the more obvious examples include denying reproductive health care, cutting taxes for the rich, suppressing the vote, shutting down the government, and promoting creationism. But wait, there’s more.

Ayn Rand Wet Dream Act

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Since the do-nothing GOP-run House isn’t doing anything else, they have had plenty of time to come up with ever more asinine initiatives in a committed effort to advance the cause of stupidity. The latest step forward in that regard is their bill to cut the budget of the IRS by 25 percent:

“The GOP-controlled House has voted to slash the budget for the Internal Revenue Service’s tax enforcement division by $1.2 billion, a 25 percent cut that would mean fewer audits of taxpayers and make it more likely that people who cheat on their taxes will get away with it.”

Brilliant! This is a win-win for Tea-publicans who hate government in general and the IRS in particular. This bill would make it harder for the IRS to carry out its responsibility for collecting revenue that the nation needs in order to function. Thus, it would open up the agency to criticism for inefficiency that was created by this budget cut. It would also create inefficiencies in every other branch of government that is starved for revenue by the reduced tax receipts which, in turn, would make them subject to criticism. It would increase the federal deficit by leaving untold billions of legitimately owed taxes uncollected. This, of course, would incite additional fury by the pseudo-deficit hawks of the GOP who would ignore the fact that they created this problem in the first place.

At the same time, a crippled IRS would be unable to audit the corporations and millionaires who routinely practice – shall we say “creative” accounting. Consequently, these folks, who are the benefactors of the Republican Party, would have free rein to rob the American people of billions of dollars necessary to run critical federal programs including Social Security, the military, public safety (food, water, consumer products, etc.), transportation and infrastructure, medical research, criminal prosecution and prevention, and so much more.

The severity of these cuts will disrupt detection and prevention of criminal activity such as fraud and identity theft, leaving average Americans more vulnerable to victimization. They would also hamper the agency’s ability to provide service to every taxpayer seeking assistance with common filing questions.

So these cuts would have the triple purpose of weakening vital services upon which every American relies, granting amnesty to tax cheats everywhere, and artificially creating excuses to lash out at Big Government. They should call it the Ayn Rand Wet Dream Enhancement Act of 2014.

For the record, these Wet Dreamers are proposing cuts that have a demonstrably negative impact on the nation’s finances. And they come on top of previous cuts that have already impeded the IRS from performing its duties. According to the Center on Budget and Policy Priorities (CBPP) in a detailed and enlightening analysis

“[P]olicymakers should not ignore the damaging effects of the significant cuts that have occurred in IRS funding, which remains well below its 2010 level even before adjusting for inflation. The cuts have led the IRS to reduce its workforce, severely scale back employee training, and delay much-needed upgrades to information technology systems. These steps, in turn, have weakened the IRS’s ability to enforce the nation’s tax laws and serve taxpayers efficiently”

Even worse is the impact on the federal deficit caused by an understaffed, underfunded IRS. The CBPP report also reveals that…

“…from a fiscal perspective, starving the IRS makes no sense, as the return on the investment is high. Each additional $1 spent on IRS enforcement yields $6 of additional revenue from collecting taxes owed.”

Where else in the federal government can the allocation of funds generate that kind of return on investment? It is an act of profound folly to kill such a productive and beneficial pathway to economic sustainability that doesn’t rely on new taxes or program cuts. So what would inspire House Republicans to behave so foolishly?

“The cuts reflect GOP outrage over the agency’s scrutiny of tea party groups seeking tax-exempt status and frustration over the agency’s failure to produce thousands of emails by Lois Lerner, the official formerly in charge of the IRS division that processes applications for tax-exempt status.”

That’s right. A trumped up scandal that has elicited nothing but partisan animus and lie-riddled accusations is the impetus for choking off funds that would protect and benefit every citizen. It is the height of petty politicking that comes at the expense of the nation’s economic viability. It is transparent pandering to wealthy special interests.

In the end, it is law abiding Americans who will have to shoulder the burden for these deadbeats. So the question is: Are the GOP really stupid, or they shrewdly executing their mission to starve the government, crush the middle-class, and enrich their benefactors?

Shameless self-promotion…
Get Fox Nation vs. Reality. Available now at Amazon.

The Top 5 Tax Myths Of The GOP Spin Machine

As this election year commences with the media focused on the Republican Clown Car Primary, the American people are are being barraged by ludicrous campaign stunts, dumbfounding debate performances, and the usual mix of dishonesty and hatred that the GOP has fine-tuned for decades.

For the most part, the caterwauling of Republicans has drowned out any rebuttal by Democrats and the press seem content to deliver just one side of the political argument. For instance, the GOP (Greedy One Percent) continue to peddle their Millionaire Relief Act proposals to reform the tax code so that the rich control even more of the nation’s wealth than they do currently.

Fortunately, the folks at the Center for Tax Justice have complied a list of the Top 5 Tax Myths to watch out for this election season. For convenience and shareability I created this handy InfoGraphic to separate fact from affliction:

Tax Fantasyland

For however long the GOP primaries are dragged out, progressives are going to have to try harder to get their voices heard above the clutter. Hopefully communicating in creative ways will help to achieve that goal.

IDIOT FOX: Bill O’Reilly Doesn’t Know What Income Taxes Are

In an analysis of Barack Obama’s speech before congress last night, Bill O’Reilly invited Obama’s press secretary, Jay Carney, to the program to discuss the speech and its proposals. As usual, O’Reilly demonstrated his immense capacity for misunderstanding even the simplest concepts. He also reminded us of why no Democrat should EVER appear on his show. Here is how Fox Nation is reporting the exchange:

Fox Nation

Technically, if Carney has been knocked into next week, then he’s ahead of the rest of us. Which is far better than living in the past like O’Reilly whose crusty and outdated approach to issues has proven to have failed unambiguously.

Much of the conservative media is disseminating the same absurd and false argument that O’Reilly made. The part of the interview that is making the rounds amongst the right-wingers this morning revolves around the example Obama gave of the inherent unfairness in the tax code:

“Right now Warren Buffett pays a lower tax rate than his secretary — an outrage he has asked us to fix.”

That is an objectively true statement. But that didn’t stop O’Reilly from pouncing on it with a fierce conviction of his righteousness as he demanded that…

“You’ve got to stop with Warren, OK? Warren is 88 years old or something. He says his secretary pays more tax. It’s not true. He’s talking about two different things. […] He’s talking about capital gains, Warren Buffett. The secretary pays federal income taxes, it’s two different taxes. But Warren and the president are trying to fool us. Stop it.”

Actually, the difference between earnings derived from capital gains and those derived from labor is immaterial with regard to reporting income. They are both subject to income taxes, (albeit at different rates) and are both reported as income on an income tax return. As can be clearly seen here:

Income Taxes

So contrary to O’Reilly’s lunk-headed theories, anyone who receives income, whether from capital gains or wages, pays federal income taxes. For O’Reilly and the rest of the right-wingnuts to deny it is foolish and/or dishonest. The points that both Obama and Buffett are making is that different types of income are being taxed at different rates and that the result is one that favors the rich.

The tax benefits enjoyed by wealthy folks like O’Reilly were put in place by legislators who respond to big donations from the very people who will receive the benefit. It is not surprising to hear O’Reilly and other elitist media pundits defend that system of reward. What is surprising (and sad) is that there are so many deluded, middle-class citizens who have allowed themselves to become lackeys of the master-class. The Tea Party is a pathetic example of the doctrine of the “useful idiot” who can be exploited to work on behalf of policies that are demonstrably harmful to their own interests.

Hopefully the ever more transparent greed of the 1% of the population that is hoarding most of the nation’s wealth will motivate the majority to rise up in opposition to the unfairness of the current situation. This is the time to make your voice heard. Your representatives and your local media need to know what the people are thinking. They can’t read minds. So do them and yourselves a favor and speak up – NOW!