tax cuts

A new study shows that Oklahoma continues to have a major education funding crisis and no amount of denial by Gov. Mary Fallin's office is going to make it go away. In its study, the Center on Budget and Policy Priorities shows that per student spending has dropped in Oklahoma by 23.6 percent since 2008. This means, adjusting for inflation, the state spends $857 less per student each year. The decline is the steepest in the nation.

The taxes paid by corporations today are near record lows as a percentage of the United States’ total tax bill, even as they are recording massive profits. Yet the unemployment rate is still high.

Oklahoma Republicans cut the very taxes that were needed to provide a school district with tornado shelters - the same district that saw seven children die from a tornado for lack of a shelter in 2013.

NC voters express extreme dissatisfaction with the Governor they elected into office just six months ago. Pat McCrory has kowtowed to the extreme right elements of his party to allow regressive legislation to pass. Tax cuts for the rich, worsening of women's health care, and economic woes loom on the horizon.

Conservative state lawmakers across the country have been pushing fiscal agendas that slash income tax rates, sometimes paying for them by scaling back popular tax breaks. The controversial logic: that high tax rates discourage entrepreneurs from investing and growing the economy, ultimately depressing tax revenues while also convincing people to move from higher-taxing states to lower-taxing ones.

For more than 10 years, Republicans have argued that tax cuts pay for themselves by growing the economy and increasing tax reciepts. Now, MSNBC's Rachel Maddow shows that Republicans are suddenly realizing that tax cuts are actually expensive, and the math behind the Bush Tax Cuts was fiscally irresponsible.

In case the public weren't frustrated enough over Congress' failure to resolve the "fiscal cliff," consider this: lawmakers probably could enact a compromise quickly and easily if Republican leaders let Democrats provide most of the votes.

After a hard-fought and divisive election year, it’s time to rebuild America’s middle class — but to do it we need to make sure the lessons from this campaign stick.

Mitt Romney has actually taken President Obama's side on this issue recently saying, President Obama hasn't raised taxes at all, but he add, he will in his next term. But what Romney admitted is contrary to what Republicans have been telling their followers all along.
Here is the CNBC article regarding the claim President Obama has been saying on the campaign trail, that he cut taxes 18 times for small businesses.

In what appears to be a depressing pattern of behavior, Senators Richard Shelby & Jefferson Beauregard Sessions, III once again voted to protect the super rich at the expense of the rest of us.