My goodness! The conservatives who elected noted Republican hypocrite Rep. Paul Ryan don’t sound all that happy with his extreme proposals, do they?
During a town hall meeting in Milton, a constituent who described himself as a “lifelong conservative” asked Ryan about the effects of growing income inequality in our nation. The constituent noted that huge income disparities contributed to the Great Depression and the Great Recession, and thus wanted to know why the congressman was “fighting to not let the tax breaks for the wealthy expire.”Ryan argued against “redistribut[ing]” in this manner. After the constituent noted that “there’s nothing wrong with taxing the top because it does not trickle down,” Ryan argued that “we do tax the top.” This response earned a chorus of boos from constituents:
CONSTITUENT: The middle class is disappearing right now. During this time of prosperity, the top 1 percent was taking about 10 percent of the total annual income, but yet today we are fighting to not let the tax breaks for the wealthy expire? And we’re fighting to not raise the Social Security cap from $87,000? I think we’re wrong.
RYAN: A couple things. I don’t disagree with the premise of what you’re saying. The question is what’s the best way to do this. Is it to redistribute… (Crosstalk)
CONSTITUENT: You have to lower spending. But it’s a matter of there’s nothing wrong with taxing the top because it does not trickle down.
RYAN: We do tax the top. (Audience boos). Let’s remember, most of our jobs come from successful small businesses. Two-thirds of our jobs do. You got to remember, businesses pay taxes individually. So when you raise their tax rates to 44.8 percent, which is what the president is proposing, I would just fundamentally disagree. That is going to hurt job creation.
Just when you thought AZ Gov. Jan Brewer might be coming to her senses…
This is pretty fucking outrageous, don’t you think?
Little baby pirate! (I’m sure Fox News will find some way to over interpret this…)
TOKYO — Japanese consumers would be on the hook for nuclear damage payments and earthquake reconstruction costs under two tax plans the government is considering, officials said Tuesday.
The Kyodo News agency said one plan would raise electricity customers’ charges to help cover claims against Tokyo Electric Power Co. from people who suffer losses from the crisis at the Fukushima Dai-ichi nuclear power plant. The increase would come in the form of a higher electricity source-development tax, which is collected from customers as part of their electricity bills.
TEPCO must pay people forced to evacuate from the region surrounding the nuclear plant, but officials said the power company may not be able to pay all the claims.
“While TEPCO will be primarily responsible for damages payments, the government may have to support the firm,” Economy, Trade and Industry Minister Banri Kaieda told a press conference Tuesday. “We are considering taxation, the electricity charge and other measures to enable the government to shoulder some of the burden.”
A second plan would raise to 8 percent Japan’s current 5 percent consumption tax for about three years, Kyodo said. The extra $273 billion ($22.5 trillion yen) would pay for reconstruction of the country’s northeastern region, said senior lawmakers in the Democratic Pary of Japan.
In several states and no seems inclined to help. Austerity!
Robin St. Louis of Charlotte, N.C. lost her job as a sales rep just before Christmas in 2009 and said she hasn’t had much luck with her job search since then.
“Looking for a job, it seems your résumé goes into a black hole,” St. Louis, 46, told HuffPost, describing the process of flinging one job application after another at unresponsive potential employers and staffing agencies.
St. Louis said her family is grateful for the $325 she’s received every week in unemployment insurance since her layoff: “This money’s sustaining us.”
But now the sustenance has been cut off. The federal Extended Benefits program, which provides up to 20 weeks of benefits for long-term unemployed who burn through both state benefits and federal Emergency Unemployment Compensation, expired this month in North Carolina, Tennessee and Wisconsin.
The deadline for payouts passed on April 16. The North Carolina General Assembly approved a bill that would preserve the benefits, but Gov. Bev Perdue (D) vetoed it Saturday because Republicans paired the measure with deep budget cuts. St. Louis is one of 37,000 long-term unemployed North Carolinians have been left hanging.
The next states where the program will expire are Alaska, Alabama and Kansas, according to Mike Evangelist of the National Employment Law Project. Analyzing state unemployment data released Tuesday by the U.S. Department of Labor, Evangelist predicts EB payments will stop in those states on May 14 unless local lawmakers take action. Payments will stop in June in Arizona, Pennsylvania, Washington, D.C. and New Jersey (though legislation to prevent the cutoff there is on the governor’s desk).