Geo Fish

Tag: Taxes

  • Some TPP Truth – It’s a Bad Bad Deal

    In the end – it’s a complicated situation – as most things are in politics. There are no good answers to any of these problematic questions. But, TPP will be the breaking point for America over the next twenty years, if passed. And, there will be no way out for our kids and grand kids.

  • The Biggest Idea American’s Should Understand Before Election Day

    Raleigh, NC—A friend of mine told me that he thought the reason politicians, in general, can’t get anything done is because once they’re elected the real movers and shakers in Congress sit them down and tell them the political facts of life. To some extent, I agree with that.  I’m not a conspiracy theorist in…

  • North Carolina’s Political Full Court Press. Hagan, Tillis, Bernie Sanders and MMT

    Greenville, NC—I said in a congressional campaign strategy meeting a few months ago that politics in North Carolina is a contact sport.  And, I believe that. But, it’s not just in NC, it’s all over the country.  If political campaigns are managed right, it should be a full court press.  The voters deserve to have…

  • The Do Nothing Plan For The Non-Fiscal Cliff

    The White House said it would veto the current plan offered by House GOP leaders to raise tax rates only on income above $1 million, while House Speaker John Boehner tried to build momentum for the Republican proposal. So, maybe the plan-by both Democrats and Republicans is to run out the clock and do nothing. …

  • Microsoft, Apple, Google and Hewlett-Packard: Off Shore Account Havens.

    American multinational corporations have something in common with Republican presidential nominee Mitt Romney, aside from being people, too: They both keep a lot of their income overseas to cut their tax bills. Companies such as Microsoft and Apple quietly dodge billions of dollars in taxes each year with potentially illegal schemes to move their profits…

  • Don’t Let Anyone Fool You: Middle Class Payroll Tax Will Go Up. That Was Decided A Long Time Ago.

    When you ring in the New Year you will also be ringing in the pre-Bush tax break payroll tax adjustment.  Why?  Both sides of the isle have decided and agreed that the payroll tax adjustment is needed to secure the solvency of Social Security. The Republicans have remained silent over the middle class payroll tax…

  • Only 8% of small business make over 200K a year.

    House Speaker John Boehner greatly exaggerated the negative effect on the economy of raising taxes on upper-income individuals. Boehner erred when he said that “the problem with raising tax rates on the wealthiest Americans is that more than half of them are small-business owners.” That’s incorrect. Boehner’s spokesman said the speaker simply misspoke, but Boehner…

  • Obama firm on tax hikes for wealthy

    President Obama invited congressional leaders to the White House to discuss the U.S. fiscal crisis while holding firm on his desire raise taxes for the wealthy. "I’m open to compromise. I’m open to new ideas," he said Friday in his first White House statement since winning re-election. "I’m committed to solving our fiscal challenges, but…

  • Current NC Bills (House) Relating to Climate & Energy

    H.B.    284 Extend Renewable Energy Credit Sunset. H.B.    372 Renewable Energy and Energy Efficiency Credit. H.B.    504 Tax Credit For Energy-Efficient Homes. H.B.    512 Incentives for Energy Conservation. H.B.    621 Geothermal Heat Pump Tax Credit. H.B.    905 Alternative Fuels Tax Credit. H.B.    906 Alternative Fuels Tax Credits. H.B.    1597 Income Tax Credit for Fuel-Efficient Vehicles.