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Undeserved credit


Undeserved credit
May 11, 2021
In 2013, the world learned that the Obama/Biden Administration had been using the Internal Revenue Service to punish conservative organizations applying for tax exempt status. Conservative organizations, or organizations perceived to be conservative because they used certain names such as patriots, Tea Party, were placed under scrutiny by the IRS above and beyond the normal standard for organizations applying for tax-exempt status, including information not asked of other organizations.
Ultimately, the IRS apologized; Lois Lerner, Obama’s head of the tax exempt section of the IRS, apologized; Obama said it was inappropriate; and the Justice Department settled dozens of lawsuits against the IRS by groups which had been targeted. ....

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There Really Is One Thing Congress Can Agree On - And It's Not Tax Breaks for You and Me


EASTSIDER-Under President Trump there was a very partisan fight over the tax cut plan for the already richest Americans. Four years later there was an equally partisan food fight in Congress over the $1.9 trillion stimulus bill, with virtually no Republican support.  
But guess where Democrats and Republicans all seem to agree? The Defense Department Budget!  Honest. 
Read on. . . 
 
Remember 2017? Remember the lies? Reducing the corporate tax rates from 35% to 21%, along with tax code amendments which favored the already wealthy. The theory was that corporations and the 1% would plow all that new money into more jobs for you and me. Sure.  ....

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Oh, Noes! How Will Biden Sell This Wildly Popular Bill That Gives People Money?


Liz DyeMarch 10, 2021 04:55 PM
joe biden smile GIF
And we re off to the horse races! The stimulus bill has just passed the House and has yet to be signed by President Joe Biden. But the intrepid reporters at Politico are already mourning the disastrous effect it will inevitably have on Democratic prospects in 2022. Sure, the bill is polling at 75 percent today, but according to the headline, Biden s job is about to get harder.
The thing about the future, though, is that it hasn t happened yet. So how does Politico know that the country will either hate the bill or forget about it immediately? Well, the reporter asked some people about the Obama stimulus bill a few years back, and none of them remembered it fondly. ....

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$5 trillion in COVID-19 stimulus eclipses past US relief packages


Passage of President Joe Biden s stimulus plan brings the total pandemic-relief tab to $5 trillion.
The relief packages handily surpass past measures and mark a turning point for how Congress spends.
Americans largely back the new approach, with 66% supporting Biden s measure in a recent poll.
The amount of fiscal stimulus used to keep the US economy afloat over the past year blows past packages out of the water. But Americans don t seem all that worried. In fact, one could say they re getting used to it.
House Democrats passed President Joe Biden s $1.9 trillion relief package on Wednesday, sending the bill to the Resolute Desk for a final signature. The plan s approval brings the sum of federal aid passed during the pandemic to roughly $5 trillion, a level practically unimaginable just 10 years ago. ....

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