Tag: charts

The main GOTP argument for keeping the Bush Tax Cuts in place for the Top 2% — pivots on how it will “hurt Small Businesses” if we don’t.

This simple slogan, fails to take into account one VERY SMALL stat.

[Mitch McConnell] says President Barack Obama’s plan to limit future tax breaks to couples earning less than $250,000 would subject 50 percent of small business income to a tax increase, stalling the job creation engine.

[…]

McConnell’s 50-%-of-income figure is based on a July 12 finding by the Joint Committee on Taxation, … that 1/2 of about $1 trillion of business income in 2011 will be reported on some 750,000 personal tax returns filed by people who pay the top marginal rates.

He calls those small businesses. Yet the report says the data “do not imply that all of the income is from entities that might be considered ‘small.’ ” Almost 20,000 of those businesses, for example, had receipts of more than $50 million, it says.

Would Ending Bush’s Tax Cuts Hurt Small Business?

Ryan J Donmoyer, BusinessWeek – 09/23/10

Behold the GOTP — Defenders of the $50 Million-aires!

The first Rule of Holes: When you’re in one, STOP digging.

—  Molly Ivins

Stop Digging?   Check!

Heck, even Erin Burnett (of CNBC) admitted the Stimulus is working, today on MTP … that

“Without the stimulus we would be significantly worse off than we are now.”

— any serious economist says so. …  She has the charts.

so do we.

Hot off the Presses …

Scoop: Gulf well may be gushing 25,000 to 30,000 barrels

By Joel Achenbach, washingtonpost.com — June 10, 2010; 4:00 PM ET

Just filed to the web some new figures we obtained this afternoon from the federal government that suggest the Deepwater Horizon well is gushing more oil than previously estimated.

The Flow Rate Technical Group has about five subgroups, and the one that is looking at the video of the leak, the so-called plume team,

has come up with an estimate of 20,000 to 40,000 barrels a day,

with the most likely range being 25,000 to 30,000 barrels.

The team had earlier estimated the flow at 12,000 to 25,000 barrels.

BP Hard To Pin Down On Oil Spill Claims

NPR, Morning Edition – May 24, 2010

Yuki Noguchi

BP has repeatedly said it would pay all legitimate claims resulting from the oil spill in the Gulf of Mexico, but such promises raise a crucial question: What exactly does “legitimate claim” mean?

[…]

BP has declined to define the term or provide examples.

BP American President Lamar McKay remained steadfastly vague during a Senate hearing this month. Despite prodding from Washington Democrat Maria Cantwell, McKay would not veer off of his message: We’re going to pay all legitimate claims.

A BP spokesman declined to discuss the company’s definition of “legitimate.” In an e-mail, the spokesman said BP hired a firm called ESIS to assess all oil spill claims. As of last week, it had received nearly 16,000 claims. The spokesman said BP has in some cases paid some claims within 48 hours of receiving supporting documentation.

What exactly does “legitimate claim” mean?   Good Question.

How to save $1.3 trillion a year, get healthcare reform, and lose weight doing it

Michael Lemke, Special Interests Examiner – Sept 3, 2009

Ending the Bush tax cut for the top 1% would save $132 billion next year alone.

While the rich have been getting richer at a staggering rate both under Clinton and under Bush, the lower 80% of US households have been stagnating or getting poorer. We have reach the highest level of income inequality in US history, surpassing even the obscene levels of the late 1920s.

http://www.examiner.com/x-1908…

Well, that’s one sure fire way to help pay for Health Care —

Repeal the Bush Give-Away to the Top 1%, or just let them sunset, as the legislation requires!

January 1, 2011, is one Sunset, that can’t come soon enough!

Poll Finds Most Doctors Support Public Option

by Joseph Shapiro, NPR — September 14, 2009

When polled, “nearly 3/4 of physicians supported some form of a public option, either alone or in combination with private insurance options,”

[…]

Mount Sinai School of Medicine in New York, conducted a random survey, by mail and by phone, of 2,130 doctors. They surveyed them from June right up to early September.

Most doctors – 63 percent – say they favor giving patients a choice that would include both public and private insurance.

[…]

another 10 percent of doctors say they favor a public option only; they’d like to see a single-payer health care system. Together, the two groups add up to 73 percent.

http://www.npr.org/templates/s…

Hmmm? I wonder if Doctors, know anything about our Broken Insurance System?

Ya think!?

SurveyUSA conducted a Poll in Mid-August — prior to Obama’s well-received Speech in September — and they found that across the spectrum of Demographics Groups, a majority of Americans thought it was Extremely Important to have a Choice of a Public Option!

SurveyUSA Poll

Here is the Question which was asked, in a Survey of 1200 Americans, from all around the Country:

In any health care proposal, how important do you feel it is to give people a choice of both a public plan administered by the federal government and a private plan for their health insurance — extremely important, quite important, not that important, or not at all important?

All Groups

Margin of Sampling Error: ± 2.9%

Survey by SurveyUSA

Geography: USA 50 States

Data Collected: 08/19/2009

Release Date: 08/20/2009

Sponsor: MoveOn.org PAC

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