Category Archives: taxes- spending

Good for the NFL Charges fans for rejecting higher taxes to keep their team 

NFL Commissioner Roger Goodell isn’t saying whether he’s optimistic that San Diego and Oakland can keep their teams, while Indianapolis owner Jim Irsay considers both franchises all but gone.
Dean Spanos of the Chargers and the Raiders’ Mark Davis weren’t talking at the NFL owners meeting Wednesday in the Dallas area. And no new specifics were revealed by Goodell a day after city and county officials in Oakland agreed to open negotiations with an investment group on a $1.3 billion plan for a new stadium.
“As you know, these issues have been going on for an awful long time,” Goodell said. “The challenges of getting stadiums built is something that we’ve worked very hard on. We have not made great progress in Oakland and San Diego. There is not a stadium proposal on the table that we think addresses the long-term issues of the clubs and the communities.”
The Chargers face a Jan. 15 deadline to decide whether to join the Rams in Los Angeles, part of a deal struck almost a year ago when owners agreed to let the Rams leave St. Louis. A Chargers-written ballot measure asking for $1.15 billion in increased hotel taxes to help fund a new downtown stadium was soundly defeated last month.

( Billy’s thoughts – Years ago I was a big Chargers fan. Today I am tired of rich sports teams demanding hard earning tax payers who are paying for overpriced tickets to their games, being forced to pay to build bigger stadiums. Some might say that is the free market. Well it is also the free market that the fans reject paying more in taxes to build the stadiums. To think here in Omaha, Nebraska a guy who is running for mayor is pushing the idea of trying to get an NFL team. I don’t think the Omaha tax payers would like having to deal with stuff like this. Some of us believed we were pushed too far by the NCAA to keep the college baseball championship. We sure don’t want to deal with the over priced NFL. Read the whole story from above here.)

This is what hypocrisy looks like after today’s story about Trump paying no taxes! They should have at least mentioned it in the story.

The story is here.

Obama wants former Presidents which he soon will be one to make more money 

Watch the video.

Hillary Clinton and Bernie Sanders should want to change the tax code to keep company’s from moving out of the USA 

company decides to move its headquarters overseas, we hear politicians criticize the move but ignore the reason they moved. The latest source of political complaints came when Johnson Controls decided to merge with Tyco. Hillary Clinton called the merger “outrageous. Bernie Sanders is calling the executives “corporate deserters.”
The editors at the Wall Street Journal once again tried to explain in simple English why companies are doing this. The politicians who denounce these companies are also the ones who have maintained the corporate tax code that is the reason for the executives to take such actions.
Tyco has U.S. headquarters in New Jersey, but the company is legally established in Cork, Ireland. Johnson Controls will now move its legal headquarters from Wisconsin to Ireland. There is a very good reason for this. The U.S. federal corporate income tax rate is 35 percent. The corporate tax rate in Ireland is 12.5 percent. Johnson Controls estimates that they will save roughly $150 million a year.

( Read the rest of this commentary and or listen to it Companies Moving Overseas )

Douglas County Board after all  votes to keep 34 percent pay raises; vote is 3-3 

Remember the folks who voted to keep this pay raise around election time. You can read the story here.

New Speaker Must Use Article One

Shortly after Congressman Paul Ryan was sworn in as Speaker of the House, he admitted to his colleagues: “The House is broken. We are not solving problems; we are adding to them. Neither the members nor the people are satisfied with how things are going.” If the House is really broken, as he says, then it’s because of Congress’ consistent failure to exercise its constitutional powers. Our fundamental document, the Constitution, Article One, Section One, begins: “All legislative Powers herein granted shall be vested in a Congress of the United States.” The rest of Article One sets forth the many powers that the framers allocated to what they thought would be the most powerful of our three branches of government.In his first act as incoming Speaker, Ryan signed a deal that was secretly negotiated by outgoing Speaker John Boehner. A key provision of that deal was to surrender Congress’s authority to “borrow money on the credit of the United States” for the remainder of President Obama’s term as President. To confirm this budget deal, Ryan had to violate the so-called Hastert rule, in which Republican leaders repeatedly promised not to advance legislation that most Republicans oppose. 

( More )

Cal Thomas: GOP surrenders to the ‘dark side’

Republicans have their biggest congressional majority since the Civil War, but behave as if they are powerless. They live in fear of a government “shutdown” for which they believe they will be blamed by the media and by voters.
Is it any wonder Donald Trump is the leading Republican presidential candidate? This bill represents not only what people hate about Washington; it’s what they hate about the misnamed Republican “leadership.”
Voices on the right, from Rush Limbaugh to Alabama Sen. Jeff Sessions, are calling the spending bill a “betrayal.” Voters in two previous elections put Republicans in power and increased their margins for the express purpose of reversing, or at least halting, the unpopular policies of Obama. A Democrat majority could not have done better.

( Billy’s thoughts – Read more of this spot-on column by Cal Thomas here. )

Black Caucus forgets their own children

The 

omnibus spending bill just passed by Congress is, if nothing else, in the spirit of the season. It’s a huge Christmas tree: a grand structure on which every political interest imaginable has hung its own pet program.
This is to the tune of $1.1 trillion to $1.8 trillion in explicit spending and another $622 billion in indirect spending through “tax extenders.”
Yet, as lobbyists in Washington showed up en masse for their shares of the fruitcake, one group was elbowed out and left with coal for its stocking.
That would be minority children in our nation’s capital.
The D.C. Opportunity Scholarship Program, which for ten years has provided vouchers for low-income minority children in Washington, D.C., to escape from one of the nation’s worst public school systems and attend a private school, was not reauthorized in this latest spending orgy. As result, after the funding runs out at the end of next year, the program will shut down, unless resuscitated from scratch.
The Friedman Foundation for Educational Choice reported in 2014, regarding this program, that “98.8 percent of students helped this year alone were students of color, most low-income; voucher students were 25 percent more likely to enroll in college than their peers; (there was a) 91 percent graduation rate, making voucher students 21 percent more likely to graduate than their counterparts.”

Four years ago President Obama tried to kill the program, but it was saved by Speaker John Boehner.

Where are the black leaders? Why aren’t they looking out for the interests of their own children?

( PARKER Congressional Black Caucus turns back on its own children )

Conservatives angry at ‘no limits’ spending bill

bags of moneyCritics of the massive spending bill currently before Congress aren’t hard to find. One of those – a Christian pro-family pundit – is upset the bill completely funds President Obama’s resettlement plan for Muslim refugees.
“There’s absolutely nothing to block the president from bringing in as many Muslims from war-torn, dangerous areas as he chooses without the proper vetting and signing up for benefits, bringing in their children and relatives,” says Sandy Rios, director of governmental affairs at the American Family Association. “There are absolutely no limits in this bill.”

“Paul Ryan thinks it’s a great bill,” notes Rios, who laments the measure should have no trouble passing and being signed by the president. “[Ryan] made a statement that this was a bill that advanced Republican priorities, when quite the opposite is the case.”

( More )

College kid gets owned by Fox-News man

Watch the Video.