The LuLac Edition #3260, July 26th, 2016
- AN EXAMPLE OF WHAT BERNIE, HILLARY AND THE DEMOCRATS ARE TRYING TO SAY ABOUT JOBS AND THE MIDDLE CLASS!!!!
On my way in the door I was behind two Market employees who were discussing their jobs and hours. Here's how it went:
Worker 1: How come you're full time and I'm not?
Worker 2: I was lucky enough to get full time FOURTEEN years ago when they had it. I was the last one in.
14 years.
People will try to blame Obama, people will try to blame Hillary, people will try to blame The Affordable Care Act. But income inequality has been going on for years. When you hear the Dems talk about a fair playing field for workers just remember two words.
Fourteen years.
AT THE CONVENTION
Eddie Nielsen, Head of the Philadelphia Delegation, former city councilman & Political consultant Jamie Brazil stop by to talk to Corbett live on WILK!
Karel Zubris/WILK.
An aerial shot of the convention.
(Photos: Karel Zubris)
TRUMP UNIVERSITY AND THE VET'S WIFE
TRUMP/PENCE IN SCRANTON
Doors open at Lackawanna College at noon Wednesday. The event starts at 3pm.
posted by David Yonki @ 7:55 PM
9 comments
9 Comments:
I'll be interested to see what Bernie Sanders ends up with if Hillary gets elected. He sure got all gung ho for her in a short time. Can't help but wonder what deal was made.
YONKI ... For Christ sake, please do not start a sentence with the word SO. It is WRONG! It seems like all of America is starting to do it now. Just goes to show the ignorance of this country towards the English language. Surely one of those military nuns you tout so often, must have taught you that you don't start a sentence with a preposition. Just saying.
Holy shit yonk, Besides Micki O, this may as well
Holy shit yonk, Besides Micki O, this may as we
IN RESPONSE
Edited because of insensitive and derogatory comments toward women.
I'll be interested to see what Bernie Sanders ends up with if Hillary gets elected.
IN RESPONSE
He'd be a great Majority Leader or better yet, a Minority Leader1
YONKI ... For Christ sake, please do not start a sentence with the word SO. It is WRONG!
IN RESPONSE
I am so sorry. My late friend and poster, Pete, AKA The Old Sarge opened every conversation with it. Will try to break the habit.
So, Sanders has already left the Democratic party.
Could a green party run be in his very near future?
GRAB YOUR WALLET!!!!
Hillary Clinton has made clear she intends to dramatically raise taxes on the American people if elected. She has proposed an income tax increase, a business tax increase, a death tax increase, a capital gains tax increase, a tax on stock trading, an "Exit Tax" and more. Her planned net tax increase on the American people is at least $1 trillion over ten years, based on her campaign’s own figures.
Hillary has endorsed several tax increases on middle income Americans, despite her pledge not to raise taxes on any American making less than $250,000. She has said she would be fine with a payroll tax hike on all Americans, she has endorsed a steep soda tax, endorsed a 25% national gun tax, and most recently, her campaign manager John Podesta said she would be open to a carbon tax. It’s no wonder that when asked by ABC's George Stephanopoulos if her pledge was a "rock-solid" promise, she slipped and said the pledge was merely a “goal.” In other words, she's going to raise taxes on middle income Americans.
Hillary’s formally proposed $1 trillion net tax increase consists of the following:
Income Tax Increase – $350 Billion: Clinton has proposed a $350 billion income tax hike in the form of a 28 percent cap on itemized deductions.
Business Tax Increase -- $275 Billion: Clinton has called for a tax hike of at least $275 billion through undefined business tax reform, as described in a Clinton campaign document.
“Fairness” Tax Increase -- $400 Billion: According to her published plan, Clinton has called for a tax increase of “between $400 and $500 billion” by “restoring basic fairness to our tax code.” These proposals include a “fair share surcharge,” the taxing of carried interest capital gains as ordinary income, and a hike in the Death Tax.
But there are even more Clinton tax hike proposals not included in the tally above. Her campaign has failed to release specific details for many of her proposals. The true Clinton net tax hike figure is likely much higher than $1 trillion.
For instance:
Capital Gains Tax Increase -- Clinton has proposed an increase in the capital gains tax to counter the “tyranny of today’s earnings report.” Her plan calls for a byzantine capital gains tax regime with six rates. Her campaign has not put a dollar amount on this tax increase.
Tax on Stock Trading -- Clinton has proposed a new tax on stock trading. Costs associated with this new tax will be borne by millions of American families that hold 401(k)s, IRAs and other savings accounts. The tax increase would only further burden markets by discouraging trading and investment. Again, no dollar figure for this tax hike has been released by the Clinton campaign.
“Exit Tax” – Rather than reduce the extremely high, uncompetitive corporate tax rate, Clinton has proposed a series of measures aimed at inversions including an “exit tax” on income earned overseas. The term “exit tax” is used by the campaign itself. Her campaign document describing this proposal says it will raise $80 billion in tax revenue, but claims some of the $80 billion will be plowed into tax relief. How much? The campaign doesn't say.
This proposal completely fails to address the underlying causes behind inversions: The U.S. 39% corporate tax rate (35% federal rate plus an average state rate of 4%) and our "worldwide" system of taxation, which imposes tax on all American earnings worldwide. The average corporate rate in the developed world is 25%. Thirty-one of thirty-four developed countries have cut their corporate tax rate since 2000. The U.S. has not. Hillary's plan moves in the wrong direction.
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