Schumer's Berlin Wall (A virtual wall to prevent the rich from taking money out of America)
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| Facebook co-founder Eduardo Saverin's decision to renounce his U.S. citizenship came just prior to that company's announcement of its initial public offering. With that move he can escape the minimum 15% capital gains tax in the United States. Saverin can take his expected $67 million in savings to Singapore where he now resides since it has no capital gains taxes. Saverin's tax avoidance strategy has raised the dander of Democratic Senator Chuck Schumer. He fumed "Mr. Saverin says he's a global citizen, but it just so happens that the country where he has chosen to reside has no capital gain... |
How the Rich Make Us All Better Off
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| Sunday’s New York Times Magazine contained a controversial article about a former partner of Mitt Romney’s at Bain Capital named Edward Conrad. Sounding a bit like the libertarian novelist Ayn Rand, Conrad argues, forcefully, that we are all better off because of rich people. Rich people, Conrad says, do most of the saving and investing. They provide the capital that creates new businesses and industries, finances inventions and discoveries, and are willing to take many risks and lose a lot of money for every one that pays off spectacularly. If the rich didn’t do these things, we would all be... |
As Wealthy French Look to Flee France Over Socialist Victory, Obama Invites New Socialist President
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| As Wealthy French Look to Flee France Over Socialist Victory, Obama Invites New Socialist President to White House Alternate Headline: France now joins the U.S. in electing fully socialist President. Move over, America. Barack Obama isn’t the only elected President to hold the label of socialist. Not in this day and time. Francois Hollande is the first socialist to run France in 17 years and from his campaign promises we learn he intends to further run the nation into the ground. This via a whopping 75% tax rate on those making more than a million euros a year, and 45%... |
Social Security Won't Be There, So Why Not Be Rich? (Occupy freeloaders don't get it)
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| Social Security Won't Be There, So Why Not Be Rich?By Donald Pennington | Yahoo! Contributor Network – 8 hrs ago COMMENTARY | How many times has a politician used the fear of losing Social Security as a ploy to persuade voters? More times than I can count. The concept of a safety net for those who lack financial planning skills has been an effective vote-grabber since 1935. And while all wage-earning Americans are required to pay into the program, people my age and younger will likely never see a return. **SNIP** Participants in the recent Occupy Wall Street boondoggle complained... |
Obama Is The Best Friend Of The 1%
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| President Obama doesn’t need to campaign for financial support from the highest 1% of income earners, his economic policies have already won their financial backing! During the Great Recession the top 1% sufferred a lower percentage decline in income than during the Bush Recession of 2000 to 2002. Then during the 2009 to 2010 economic expansion the top 1% captured a staggering 93% of all income gains. |
Should Taxes Be Raised on the Rich to help the economy? Help Freep this Poll!
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| Should Taxes Be Raised on the Rich to help the economy. Freep this poll (needs it badly). 64% say yes! Middle right of the page. |
Rich aren't all rogues
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| Who wants to be a millionaire? With Barack Obama in the White House — nobody. He has declared the hard-working and successful America’s Enemy No. 1. “Tax the rich to grow the economy” was USA Today’s headline on the president’s “Buffett Rule” speech. His premise isn’t merely that wealthy people aren’t “paying their fair share,” but rather that not shaking them down for more money is somehow keeping you from finding a better job. “What drags down our entire economy is the growing gap between the ultra-rich and everyone else,” Obama said yesterday. The president is right about one thing:... |
(2010) Elite Estate: LA’s Most Expensive Home Gets A New Owner, Tom Hanks [Obama movie narrator]
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| ...[Tom Hanks has] plunge[d] into a property deal that has made him the owner of the most expensive house in Los Angeles. ...Hanks along with his actress wife Rita Wilson (last seen as Meryl Streep’s buddy in ‘It’s Complicated’) have together bought a house in the Pacific Palisades for about $26 million. The sprawling home is spread across 14,500 square foot and was built in 1996. Apparently, Kathleen Kennedy and Frank Marshall formerly owned it. The building consists of 4 bedrooms and 5 bathrooms. Two levels of living space and three levels of support space go very well with gorgeous... |
Geithner: 'Privilege of Being an American' Is Why Rich Need Higher Taxes
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| "That’s the kind of balance you need," said Geithner. "Why is that the case? Because if you don't try to generate more revenues through tax reform, if you don't ask, you know, the most fortunate Americans to bear a slightly larger burden of the privilege of being an American, then you have to -- the only way to achieve fiscal sustainability is through unacceptably deep cuts in benefits for middle class seniors, or unacceptably deep cuts in national security." |
'Soak the rich' a false formula
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| It's February, so President Obama has unveiled his budget proposal for fiscal year 2013, which begins Oct. 1. Mr. Obama, who has presided over the first trillion-dollar budget deficits in American history and proposes to spend $3.8 trillion in his new budget, let it be known — again — that increasing taxes on "the rich" is his method of choice for raising revenue. The president may think this will get the nation out of the fiscal crisis he worsened, but in reality, he is setting the stage for more budget shortfalls — in the unlikely event this budget, unlike the... |
Bill Gates Endorses Raising Taxes On The Rich: ‘That’s Just Justice’
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| by James Crugnale | 7:22 pm, January 25th, 2012 » 52 comments On the heels of President Obama‘s State of the Union address, where he called for the “Buffett Ruleâ€: a requirement that millionaires pay at least 30% of their income in taxes, the richest man in America, Bill Gates, weighed in on solutions to the country’s economic problems. “The United States has a huge budget deficit, so taxes are going to have to go up,†Gates told the BBC. “And I certainly agree that they should go up more on the rich than everyone else. ThatÂ’s just justice.â€RELATED: Buffett... |
Obama's Big 6 State of the Union Tax Myths
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| Taxes: If President Obama wants to create a fairer country, shouldn't he start by fairly portraying our tax code? Instead, he used his State of the Union speech to peddle a number of blatant tax falsehoods. |
Warren Buffett’s Secretary to Sit with Michelle Obama at State of the Union
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| The Obama campaign has found its Joe the Plumber. President Barack Obama’s State of the Union address Tuesday night is expected to emphasize economic inequality, appropriately timed coming off the Occupy Wall Street fall leading up to Tuesday’s release of frequent Republican front-runner Mitt Romney’s tax returns which reveal that the multi-millionaire pays an effective tax rate of 13.9 percent. To hammer home the political game that the Obama campaign has been playing, billionaire Warren Buffett‘s longtime secretary will be joining first lady Michelle Obama in her seating section during tonight’s speech. The guest choice is significant because Buffett’s secretary,... |
Clinton surpasses $75 million in speech income after lucrative 2010
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| Washington (CNN) - Former president Bill Clinton enjoyed his most lucrative year ever on the speaking circuit in 2010, capping a decade of paid speaking events that has earned him $75.6 million since leaving office in 2001, according to a CNN analysis of federal financial records. Clinton received $10.7 million for 52 paid speaking engagements last year, a sizable increase from the 36 paid speeches he delivered in 2009 for a total of $7.5 million. The most the former president had previously earned in one year was in 2006 when he earned $10.2 million for 57 events. His 2010 speaking... |
Tale of two small countries (Cayman and Belize are very similar. Yet, one is rich, the other poor)
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| Cayman is rich, and Belize is poor. Why? Both are small Caribbean countries with the same climate and roughly the same mixed racial heritage, and both were English-speaking British colonies. Belize (the former British Honduras) received its independence in 1981, while Cayman is still not fully independent but is self-governing at the local level, with its own currency, laws and regulations. Belize should be richer: It has a larger population than Cayman (345,000 as contrasted with Cayman’s 54,000). Belize has a much larger and more varied land area with many more natural resources, including gas and oil, and some rich... |
The Hypocrisy and Foolishness of Warren Buffett
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| Despite his advanced age, it appears Warren Buffett has never heard the admonition, “Practice what you preach.” And it seems that some of his apologists haven’t, either. As you may know, Buffett has long been urging the government to seize more money from the rich, with the rationale that they have an obligation to pay more. In response, many traditionalists have told him to put up or shut up: If he truly believes in what he says, there’s nothing stopping him from writing a check to Big Brother as large as his socialism-espousing mouth. And now Buffett has a response:... |
Conflict between rich, poor strongest in 24 years
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| WASHINGTON -- Tensions between the rich and poor are increasing and at their most intense level in nearly a quarter-century, a new survey shows. Americans now see more social conflict over wealth inequality than over the hot-button topics of immigration, race relations and age. The survey released Wednesday by the Pew Research Center highlights U.S. perceptions of the economic divide, an issue that has moved to the forefront in the 2012 presidential campaign amid stubbornly high unemployment, increasing poverty and protests by the Occupy movement. |
Pelosi (9th)=$101 Million and Feinstein (14th) $69 Million Among Richest in Congress
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| 9. Nancy Pelosi (D-Calif.) House Minority Leader Nancy Pelosi (D-Calif.) was the ninth richest member of Congress in 2010, with an average net worth of $101,123,032. Much of her wealth is based on her husband's investments in real estate, a football team and other assets. 14. Dianne Feinstein (D-Calif.) Sen. Dianne Feinstein (D-Calif.) was the 14th richest member of Congress in 2010, with an average net worth of $69,046,622. Feinstein's husband has a number of investments in a diverse range of industires, including a property management firm and a biotech venture. |
Nancy Pelosi, Dianne Feinstein Are Stinking Rich (Occupy freeloaders need their money!)
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
Nancy Pelosi, Dianne Feinstein Are Stinking RichBy Erin Sherbert Tue., Dec. 27 2011 at 3:00 PM Here is something that might inspire the dwindling Occupiers to return to their tents: While our very own Nancy Pelosi was pushing to extend unemployment benefits that will, ideally, keep Spam on the tables of the 99 percent -- and provide a boatload of jobs! -- the San Francisco Democrat has risen to become the ninth-richest member of Congress. **SNIP** According to the Center For Responsive Politics, our San Francisco reps have a total net worth of greater than $310 million. That includes Pelosi's...
Will Smith Sells Hawaii Home for $20 Million (Member of 1%, Hussein supporter, flips real estate!)
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| Will Smith and Jada Pinkett Smith have sold a 7-acre property in Kauai’s Hanalei district for $20 million – $6.5 million more than they paid for it two years ago, according to public records. Candace Jackson has details on The News Hub. |
Fonda Demands Higher Taxes on Rich
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| Left-wing crank Jane Fonda lent her support to President Obama’s “tax-the-rich” mantra by recounting that “all the rich people I know favor higher taxes.” Fonda disdained the option of voluntarily paying more. “Sure, we could freely hand over more money if we wanted to,” she admitted. “There’s nothing stopping us from giving the government more of what we have. The problem with that, though, is that the volition would still be in the hands of the individual. People could still opt not to give.” “What this country needs is a collective redistribution of wealth,” Fonda continued. “It shouldn’t be anyone’s... |
The Rich Are Getting Richer… Yeah But So Are the Poor
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| “No matter your thoughts about the Occupy Wall Street movement, the protesters were right in at least one respect: The rich are getting richer, and the poor are getting poorer.” Variations on this statement were repeated in dozens of blogs, commentaries, and even news reports in the past months. The claim comes via a Congressional Budget Office analysis that shows incomes for the top 1 percent of Americans growing by 275 percent between 1979 and 2007, while the lowest 20 percent saw their inflation-adjusted incomes grow by “only” 18 percent. The numbers from the report are correct, but the assertions... |
Jane Fonda: ‘All the rich people I know’ are ‘saying ‘tax us”
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| Jane Fonda: ‘All the rich people I know’ are ‘saying ‘tax us” Published: 11:53 AM 12/13/2011 | Updated: 12:03 PM 12/13/2011 By Nicholas Ballasy Video aerobics instructor Jane Fonda told HLN’s Joy Behar that “all the rich people” she knows are “saying, ‘Tax us.’” Behar asked Hanoi Jane, “What do you make of the fact that when you know, when people say, ‘Gee, these very, very mega rich people should … pay their share, should be taxed also and stop getting tax breaks,’ and other people are like, ‘No, you can’t do that. It’s so wrong to tax these rich... |
What Is "Rich" and "Poor" In America?
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| Class warfare and income redistribution rhetoric has always been fashionable among self anointed protestors and politicians who play the old game of divide and conquer, telling us the greedy "rich" need to "pay their fair share." This would be tedious if it did not have serious implications for tearing communities apart. Let's take a look. According to IRS data, there are 1.38 million Americans in the top 1% earning at least $343,927 a year. This is a generous living but hardly the cash flow to purchase a corporate jet and luxury yacht. There are 138,000 Americans in the top .1%... |
Americans Say $150,000 a Year is ‘Rich’.
Friday 25th of May 2012 11:19:29 PM
Posted by admin / Under Rich Girl (Gwen Stefani Song)
| President Obama was criticized by conservatives for suggesting that an income of $250,000 a year made people rich. If anything, however, Mr. Obama may have been aiming too high. A new Gallup poll shows that Americans say they would need to earn a median of $150,000, or have $1 million in total net worth, to consider themselves rich. The $150,000 in income puts you roughly in the top 10%. On the income side, 30% said they would need to earn less than $100,000. And another 18% said $60,000 a year would make them rich. Fully 15% said they would need... |
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