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Fired Up! Missouri - Taxes http://www.firedupmissouri.com/taxonomy/term/830/0 en Mitt Romney's Tax Plan http://www.firedupmissouri.com/content/mitt-romneys-tax-plan <p style="">Just in time for tonight&#39;s debate, the DNC has released a <a href="http://www.romneytaxplan.com/">website</a> with the details of <strong>Mitt Romney&#39;s</strong> $5 trillion tax plan. Check it out!</p> <p class="rtecenter"><img alt="" src="http://cdn.theatlanticwire.com/img/upload/2012/10/16/romtax.gif" /></p> <p style="">[<a href="http://theatlantic.tumblr.com/post/33707984942/dnc-tells-a-joke-about-romneys-tax-plan-details">GIF courtesy of The Atlantic</a>]</p> 2012 Presidential Race Mitt Romney Taxes Tue, 16 Oct 2012 15:38:31 +0000 Parker 15876 at http://www.firedupmissouri.com Everything Tax Proponent: It's "A Big Elephant to Swallow" http://www.firedupmissouri.com/content/everything-tax-proponent-its-big-elephant-swallow <p><a href="http://www.firedupmissouri.com/content/sinquefields-everything-tax-blasted-cole-county-judge">As we reported, <strong>Cole County Judge Patricia Joyce</strong> threw out the language for <strong>Rex Sinquefield&#39;s</strong> Everything Tax ballot initiative calling it &quot;insufficient, unfair and prejudicial.&quot;</a></p> <p>With that ruling and with a similar proposal to eliminate the income tax in Kansas expected to be far short of the necessary votes in their legislature, it looks like Sinquefield&#39;s latest attack on the good people of Missouri and Kansas is dead.</p> <p>In the <a href="http://midwestdemocracy.com/articles/bid-to-eliminate-income-tax-falters-in-kansas-missouri/">KCStar today</a>:</p> <blockquote><p>Last week a judge threw out Missouri&#39;s analysis of a petition aimed at putting an income-for-sales tax swap on the November ballot, a potentially fatal blow for that effort. And in Kansas, lawmakers say the tax reform package they&#39;ll consider next week almost certainly will fall far short of the no-income-tax goal.</p> <p><strong>Ending the income tax turned out to be &quot;a big elephant to swallow,&quot; said Travis Brown, a political consultant who has worked with anti-income tax forces in both states.</strong></p> </blockquote> <p>You&#39;ll of course excuse me while I giggle at the crocodile tears being shed by Sinquefield&#39;s lackey, Travis Brown, about the fact that it&#39;s clear that cooler heads have prevailed and that this attempt to blow monstrously large, billion dollar holes in state budgets which would force ever bigger cuts in the services provided to the hard working taxpayers has failed.</p> <!--break--><!--break--> Everything Tax Patricia Joyce Rex Sinquefield Taxes Travis Brown Wed, 18 Apr 2012 16:33:04 +0000 Parker 15378 at http://www.firedupmissouri.com Blunt Sides with the 1%. Again. http://www.firedupmissouri.com/content/blunt-sides-1-again <p>Earlier today, the Senate voted on the Buffett Rule which would have ensured that the ultra-rich in our country pay their fair share.&nbsp; Named for billionaire investor Warren Buffett who, because of the tax policies enacted under the previous administration, pays a lower tax rate than his secretary, the Buffett Rule would only affect one in 500 Americans and <a href="http://thinkprogress.org/economy/2012/03/22/450000/conservatives-buffett-meager-revenue/">raise over $47 billion in revenue</a> which could be used for investment in our country&#39;s crumbling infrastructure by building roads and bridges and putting firefighters, teachers, nurses and other critical public servants back on the job.</p> <p>But how did <strong>Sen. Roy Blunt</strong> (R-MO) vote? With the 1% of course, <a href="http://thinkprogress.org/economy/2012/04/16/465461/senate-republicans-filibuster-buffett-rule/">allowing senate republicans to filibuster</a> a piece of legislation that is supported by a <a href="http://www.latimes.com/news/politics/la-pn-polls-americans-divided-over-taxes-but-support-buffett-rule-20120416,0,433493.story">whopping 72% of Americans</a>.</p> <p>Shame.</p> <p class="rtecenter"> <img alt="" class="noside" src="http://farm8.staticflickr.com/7115/7085767549_28a962baef.jpg" style="width: 500px; height: 380px;" /></p> Buffett Rule Roy Blunt Taxes Tue, 17 Apr 2012 01:06:50 +0000 Parker 15375 at http://www.firedupmissouri.com Blunt Votes to Protect Tax Breaks for Big Oil. Again. http://www.firedupmissouri.com/content/blunt-votes-protect-tax-breaks-big-oil-again <p><img alt="" class="rightside" src="http://farm3.static.flickr.com/2231/5701658074_7c2f2b04c4.jpg" style="width: 340px; height: 192px;" />Yesterday in the Senate, <strong>Sen. Roy Blunt</strong> again voted to protect tax breaks for Big Oil.&nbsp; <a href="http://truth-out.org/news/item/8132-exxon-mobils-tax-rate-drops-to-13-percent-after-making-35-percent-more-profits-on-rising-gas-prices-in-2011">Even in a year when the top five oil companies have raked in over $41 billion - that&#39;s billion with a B - and Exxon made 35% more in profits in 2011 than it did in 2010</a>, Blunt decided that Big Oil couldn&#39;t possibly be called upon to pay it&#39;s fair share.</p> <p><a href="https://www.stlbeacon.org/#!/content/23857/tax_breaks_for_oil_companies">From the Beacon</a>:</p> <blockquote><p>Despite a last-minute appeal by President Barack Obama for Congress to end the tax breaks, <strong>Senate Republicans &mdash; including U.S. Sen. Roy Blunt, R-Mo. &mdash; blocked the bill, which would have diverted some revenue to alternative energy. The 51-47 procedural vote fell short of the 60 votes needed to move forward.</strong></p> <p>After the vote, <strong>Sen. Claire McCaskill</strong>, D-Mo., lashed out at GOP senators for blocking what she described as an effort to end &ldquo;tax giveaways for the most profitable companies in the history of the world.&rdquo; She said &ldquo;economic fairness&rdquo; dictated that profitable oil firms be led away from &ldquo;the taxpayer trough.&rdquo; (<a href="http://www.youtube.com/watch?v=LnEOxDOwM0o">Click here</a> to watch McCaskill&#39;s speech.)</p> </blockquote> <p>Even more disgusting? This isn&#39;t even the first time in a year that Blunt has sided with Big Oil over the 99%.&nbsp; <a href="http://www.firedupmissouri.com/node/14188">Last May he and Senate republicans blocked Sen. McCaskill&#39;s efforts to end $2 billion - again with a B - in subsidies to the top five oil companies</a>.</p> <p><a href="http://mediamattersaction.org/message/onepagers/201105120001" target="_blank">More on the GOP plan to protect Big Oil as they pretend to care about federal deficits</a>:</p> <ul> <li> More than <a href="http://msnbcmedia.msn.com/i/MSNBC/Sections/NEWS/A_Politics/___Politics_Today_Stories_Teases/2-24-28-11.pdf#page=16">70% of Americans want to get rid of subsidies for Big Oil</a>, and nearly <a href="http://majorityagendaproject.org/go/aggregator/sources/10">75% support increased federal funding</a> for clean energy innovation.</li> <li> More than <a href="http://www.washingtonpost.com/business/economy/high-gas-prices-curb-driving-habits--and-obamas-approval-rating/2011/04/25/AF9kdpkE_story.html">70% of Americans say they feeling financial strain</a> from high gas prices.</li> <li> Senate Democrats&#39; plan would <a href="http://www.washingtonpost.com/politics/senate-democrats-push-to-end-tax-breaks-for-big-oil-companies-to-cut-deficit/2011/05/10/AFiL42hG_story.html">save more than $20 billion</a> by eliminating tax giveaways for oil companies.</li> <li> High gas prices mean <a href="http://www.americanprogress.org/issues/2011/04/pump_pain.html">massive profits for oil companies</a> - Exxon&#39;s <a href="http://blogs.abcnews.com/thenote/2011/04/exxonmobil-profits-jump-69-shell-profits-up-30.html">profits jumped nearly 70%</a>as they raked in over $10 billion since January alone.</li> <li> In the past decade, <a href="http://www.americanprogress.org/issues/2011/01/oil_lust.html">the top five oil companies made nearly a trillion dollars in profits.</a> In 2009 alone, the CEOs of five major oil companies <a href="http://wonkroom.thinkprogress.org/2011/03/04/demint-rails-against-massive-salaries-at-pbs/">took home almost $70 million</a> combined.</li> <li> Oil and gas companies spent <a href="http://www.opensecrets.org/industries/summary.php?cycle=2010&amp;ind=E01">$16 million in 2010 to elect Republicans</a>, and <a href="http://www.opensecrets.org/industries/lobbying.php?cycle=2010&amp;ind=E01">$146 million on lobbying</a> in 2010 alone. Conglomerate billionaires the <a href="http://www.politico.com/news/stories/0211/49303.html">Koch Brothers have pledged to spend nearly $100 million</a> to beat President Obama and Democrats in 2012.</li> <li> Republicans <a href="http://thinkprogress.org/2011/03/01/house-gop-oil-subsidies/">have voted in lockstep</a> against ending oil subsidies and recouping billions of hard-earned taxpayer dollars from them.</li> <li> Republicans have <a href="http://www.ens-newswire.com/ens/mar2002/2002-03-15-06.html">long opposed setting fuel economy standards</a> or <a href="http://blogs.forbes.com/christianwolan/2011/04/05/republican-budget-cuts-threaten-clean-energy-investments/">developing sources of clean energy</a>, which would help reduce our dependence on oil.</li> </ul> Big Oil Claire McCaskill Oil Companies Roy Blunt Taxes Fri, 30 Mar 2012 18:58:28 +0000 Parker 15327 at http://www.firedupmissouri.com House GOP Votes to Hike Taxes on 160 Million Working Americans http://www.firedupmissouri.com/content/house-gop-votes-hike-taxes-160-million-working-americans <p>This afternoon, in a purely political move, <a href="http://tpmdc.talkingpointsmemo.com/2011/12/in-gamed-vote-gop-rejects-senate-payroll-tax-cut-compromise.php">House republicans voted to hike taxes on 160 million working Americans effective January 1</a> by rejecting the Senate&#39;s extension of the payroll tax cut.</p> <p><a href="http://clerk.house.gov/evs/2011/roll946.xml">By a final vote of 229 - 113</a>, including <strong>Rep. Akin, Rep. Emerson, Rep. Graves, Rep. Hartzler, Rep. Long, </strong>and <strong>Rep. Luetkemeyer</strong>, republicans violated their pledge of not raising taxes.</p> <p>&nbsp;</p> Billy Long Blaine Luetkemeyer Jo Ann Emerson Sam Graves Taxes Todd Akin Vicky Hartzler Tue, 20 Dec 2011 18:21:35 +0000 Parker 14988 at http://www.firedupmissouri.com Disfunction Junction http://www.firedupmissouri.com/content/disfunction-junction <p>Just exactly how disfunctional have the republicans and their tea party darlings made Congress?&nbsp; So disfunctional that a bill passed 89-10 with obvious bipartisan support in the Senate to grant a two month extension of the payroll tax cut to 160 million Americans <a href="http://midwestdemocracyproject.org/blogs/entries/breaking-boehner-says-gop-will-vote-down-payroll-tax-bill/">will be voted down by the republican-controlled House</a>.</p> <p><strong>Fact: House republicans would rather hike taxes on the 99% than make any attempt at governing.</strong> After fighting tooth and nail to protect tax giveaways for the wealthiest 1%, republicans have used every excuse in the book to avoid extending the payroll tax cut.</p> <p>Even some in Senate republican leadership like <a href="http://politicmo.com/2011/12/18/congress-almost-totally-dysfunctional-says-blunt/">Roy Blunt are voicing frustration with the disfunction in Congress</a>, too bad Blunt refuses to do anything other than whine and complain about the disfunction his party could immediately fix, if only they had any inclination to do anything other than attempt at defeating the President.</p> <p>But I won&#39;t hold my breath.</p> Roy Blunt Taxes Mon, 19 Dec 2011 17:55:52 +0000 Parker 14981 at http://www.firedupmissouri.com Republicans Want to Hike Taxes on 99.8% of Americans http://www.firedupmissouri.com/content/republicans-want-hike-taxes-998-americans <p><img alt="" src="http://onpoint.wbur.org/files/2011/04/0415_taxes-500x333.jpg" style="width: 232px; height: 123px; float: right;" />It&#39;s a little known fact that the best thing to talk about on a Wednesday afternoon is payroll taxes, so let&#39;s dive right in.</p> <p>In Washington, Senate Democrats - including Missouri <strong>Senator Claire McCaskill</strong> - are <a href="http://www.washingtonpost.com/blogs/plum-line/post/payroll-tax-cut-for-workers-would-be-funded-by-tiny-group-of-wealthy-americans/2011/11/29/gIQAGuSM9N_blog.html">preparing to hold a vote on extending the payroll tax cut</a> that affects millions upon millions of America&#39;s working families, but as you can imagine, they&#39;re facing some stiff opposition.&nbsp; I&#39;ll give you three guesses as to what that opposition is, and the first two don&#39;t count.&nbsp; Here goes:</p> <ol> <li> Republicans, like <strong>Roy Blunt</strong>, sticking up for the 1%.</li> <li> Republicans, like <strong>Roy Blunt</strong>, sticking up for the 1%.</li> <li> Republicans, like <strong>Roy Blunt</strong>, sticking up for the 1%.</li> </ol> <p>If you guessed <em>Republicans, like Roy Blunt, sticking up for the 1%</em> you&#39;d be right.&nbsp; Well, almost right.&nbsp; <a href="http://thinkprogress.org/economy/2011/11/29/377956/gop-payroll-tax-numbers/">The real answer is republicans sticking up for the .2%</a>.&nbsp; That&#39;s 2 tenths of 1 percent of American taxpayers, approximately 1 in 500.</p> <p>Republicans are protecting .2% of American taxpayers from a tiny tax increase of only 2.1%, and in doing so are demanding that 113,000,000 working families - <a href="http://www.treasury.gov/resource-center/tax-policy/Documents/Payroll_Tax_Cuts_for_Working_Americans%20FINAL.PDF">that&#39;s 3.1 million Missouri families</a>, for the record - to pay $1,000 more in taxes in 2012.&nbsp; So much for sticking to their anti-tax pledge.</p> <!--break--><!--break--><p>Let&#39;s review:</p> <p class="rteindent1">Roy Blunt and the republicans want 113,000,000 American families (again, that&#39;s 3.1 million Missouri families) to pay $1,000 more in taxes to protect the richest .2%.</p> <p class="rteindent1">Claire McCaskill and the democrats want extend a tax break to 99.8% of American taxpayers and ask the remaining .2% pay their fair share.</p> <p>Not extending the the payroll tax cut and hiking taxes on the vast majority of Americans would, according to sources, <a href="http://www.washingtonpost.com/blogs/plum-line/post/financial-analyst-consequences-of-failure-to-pass-payroll-tax-cut-would-be-dire/2011/11/29/gIQACLP38N_blog.html">cut GDP by 1.5%</a>, and further reduce spending by the poor and middle class, <a href="http://www.treasury.gov/resource-center/tax-policy/Documents/Payroll_Tax_Cuts_for_Working_Americans%20FINAL.PDF">who are more likely to spend their after tax income and stimulate local, regional and the national economy</a>. You see where this is going, yes? Taking $1,000 out of the pockets of working families will seriously inhibit their purchasing power, harming their local economy, small businesses and on and on.</p> <p>It&#39;s clear that republicans couldn&#39;t care less about America&#39;s working families, and are strictly focused on protecting the richest of the rich.&nbsp; They&#39;re even so bold as to <a href="http://s3.amazonaws.com/atrfiles/files/files/091411-federalpledgesigners(1).pdf">ignore their pledge</a> to <a href="http://en.wikipedia.org/wiki/Grover_Norquist">de-facto Republican Leader Grover Norquist</a> not to hike taxes in an effort to force the 99% to fund continued tax breaks for the wealthiest among us, while ignoring the needs of their constituents.&nbsp; It&#39;s sickening, really.</p> Claire McCaskill Roy Blunt Taxes Wed, 30 Nov 2011 17:53:59 +0000 Parker 14917 at http://www.firedupmissouri.com Washington Missourian Not a Fan of Rex Sinquefield Trying to Buy Elections http://www.firedupmissouri.com/content/washington-missourian-not-fan-rex-sinquefield-trying-buy-elections <p>The question is quickly becoming: Who else besides <strong>Rex Sinquefield</strong> &nbsp;thinks increasing taxes on just about everything we buy is a good idea?&nbsp;</p> <p>Obviously <a href="http://www.emissourian.com/opinion/editorials/article_82f10aea-62c5-5b94-a0a7-deb0ccf5d710.html">not</a> the Washington Missourian:&nbsp;<img alt="" class="rightside" src="http://lh6.ggpht.com/_qFYHPlHedgY/TO0xhLsMc3I/AAAAAAAAEGk/DrNGgeA_QqI/Rex%20Sinquefield%202.jpg" style="width: 198px; height: 137px; " /></p> <blockquote><p>&quot;Our guess is that Sinquefield doesn&rsquo;t care about the negative impact his plan would have on existing Missouri businesses. He has already made his millions &mdash; some say billions. Our guess is he is prepared to let loose more than the $1.3 million he dropped last week. Some are already predicting this could be the most expensive ballot initiative in our state&rsquo;s history.</p> <p>We wonder how voters will respond to his effort to buy public policy in our state even at the expense of Missouri businesses.</p> <p>We hope somebody stands up for Missouri businesses in this fight.&quot;</p> </blockquote> Rex Sinquefield Taxes Thu, 13 Oct 2011 17:48:56 +0000 Ryan 14730 at http://www.firedupmissouri.com Rex Sinquefield Doesn’t Want Missourians to Know His Ballot Measure Could Cost the State Billions http://www.firedupmissouri.com/content/rex-sinquefield-doesn%E2%80%99t-want-missourians-know-his-ballot-measure-could-cost-state-billions <p><strong>Chad Garrison</strong> from the Riverfront Times <a href="http://blogs.riverfronttimes.com/dailyrft/2011/10/sinquefield_donates_1_million_to_anti_income_tax.php">posted</a> a pretty revealing item about<strong> Rex Sinquefield </strong>and his attempts to hide how much his tax proposals could cost the state.&nbsp;</p> <p><img alt="" class="rightside" src="http://lh3.ggpht.com/_qFYHPlHedgY/TQ98gYF2hVI/AAAAAAAAEPo/rrCgUnzPqf4/TB-RKB-RS-JS.jpg" style="width: 140px; height: 205px; " /></p> <p>Let&#39;s take a look at the current fiscal note summary drafted by Auditor <strong>Tom Schweich&nbsp;</strong>for two recent versions&nbsp;and the fiscal note summary that Rex Sinquefield would like to have on the ballot. Sinquefield is suing to get the language changed.</p> <p>Here is Schweich&rsquo;s fiscal note.</p> <blockquote><p> Annual state government revenue under this proposal may increase by up to $300 million or decrease by up to $1.5 billion. The proposal is estimated to increase state operating costs by at least $15 million, and may accelerate tax credit redemptions. The fiscal impact to local governments is unknown.</p></blockquote> <p>And here is the fiscal not Rex Sinquefield and his lobbyist <strong>Travis Brown</strong> would like to see (emphasis added):</p> <blockquote><p>Annual state government revenue under this proposal may <strong>remain the same</strong> or increase by up to $300 million. The proposal is estimated to increase state operating costs by at least $15 million, <strong>which is less than expected new revenues.</strong> The fiscal impact to local governments is unknown.</p> </blockquote> <p>Here&rsquo;s hoping that they get laughed out of the courtroom for trying to hide the potential costs of this proposal and the large hole it could leave in the state budget.</p> Rex Sinquefield Taxes Fri, 07 Oct 2011 19:47:52 +0000 Ryan 14715 at http://www.firedupmissouri.com Cartoon of the Day http://www.firedupmissouri.com/content/cartoon-day-11 <p><img alt="" class="noside" src="http://cdn.svcs.c2.uclick.com/c2/f0d0d410cdec012e2f9100163e41dd5b" style="width: 500px; height: 449px; " /></p> Taxes Tue, 04 Oct 2011 17:49:40 +0000 Ryan 14707 at http://www.firedupmissouri.com