Tom Toles by Tom Toles

Tom Toles

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  1. braindead08

    braindead08 GoComics PRO Member said, almost 2 years ago

    It’s not a ‘charitable’ deduction, but it’s absolutely deductable. All those people at Willard’s fundraiser dinners got to deduct the whole 50k, minus $18 for the value of the actual meal.

  2. braindead08

    braindead08 GoComics PRO Member said, almost 2 years ago

    I read today that Dick Armey is leaving the Tea Party over differences in ‘principle’. His severence pay is only $8,000,000.
    -
    Is there anyone who believes that the tea party is a grassroots organization? Maybe the same people who believe that ‘job creators’ actually exist.

  3. Rockngolfer

    Rockngolfer said, almost 2 years ago

    @Dycel

    It was kept quiet because it might upset the teabaggers.

  4. Doughfoot

    Doughfoot said, almost 2 years ago

    All deductions are taxpayer subsidies. Why should all pay more taxes or our collective debt increase because some of us are generous? I’m happy to pay less in taxes because I give to my church, but why should I? The charity deduction means that all organizations that receive such donations are taxpayer subsidized. I don’t mind my taxes being used for good works, but when we all contribute, we should all have a say in how the money is spent. Public support through the back door is still public support.

  5. narrowminded

    narrowminded said, almost 2 years ago

    @Doughfoot

    You, sir are wrong. Deductions are only subsidies if one believes that all capital belongs to the Govn., which than allows us to have some of its money.
    This is an un-constitutional perspective. The Govn. gets revenue by stealing it from the people thru the barrel of a gun. A persons income is his/hers personal property, not the Govn.

    You don’t pay taxes – they take taxes.
    Chris Rock

  6. JmcaRice

    JmcaRice GoComics PRO Member said, almost 2 years ago

    . . and the 1% who funded Obama’s victory will be rewarded with new tax shelters/loopholes etc. Just wait and see.

  7. ODon

    ODon said, almost 2 years ago

    As long as they contribute Rove is happy.

  8. metzkel

    metzkel GoComics PRO Member said, almost 2 years ago

    No. It means you gambled and lost.

  9. masterskrain

    masterskrain said, almost 2 years ago

    Actually, he will take a $100,000,000 loss on his business with some creative accounting, so it will all come back to him in tax deductions, and credits!

  10. lafayetteann

    lafayetteann said, almost 2 years ago

    No, but it wins you the name “Sheldon Adelson”.

  11. moderateisntleft

    moderateisntleft said, almost 2 years ago

    @braindead08

    They create jobs alright. They pay very well. Not many jobs though, not at those rates.

  12. Simon_Jester

    Simon_Jester said, almost 2 years ago

    And that’s not even mentioning the money the 1% blew on all the Senate Races

  13. meetinthemiddle

    meetinthemiddle said, almost 2 years ago

    @Omnius

    There are deductions that are used by the majority of US tax payers. Sure you can wipe them out but there will be unintended consequences. Eliminate the mortgage deduction (why should the govt be pushing home ownership?) – but then the housing market takes a hit in the gut. Eliminate the charitable deduction – but then charities will take a big hit on donations.

    There is a lot of Schedule A reform that makes a lot of sense, and a lot of it can be done incrementally.


    • Don’t allow mortgage deductions on any but the primary residence

    • Cap the amount of mortgage interest deductible. Maybe home ownership is a good thing but why subsidize buying a $12M mansion?

    • Cap the charitable deduction.

    I think all those should be done in addition to letting the top tax bracket go back up.

  14. Simon_Jester

    Simon_Jester said, almost 2 years ago

    @HOWGOZIT

    Those grapes a lil’ sour for ya, Howww-dee?

    No, the 99% came up with VOTES.

    And they’re not all poor…

  15. M Ster

    M Ster said, almost 2 years ago

    @narrowminded

    “Deductions are only subsidies if one believes that all capital belongs to the Govn., which than allows us to have some of its money.”

    A classic example of “false choice” and flawed logic. Just because some of us object to some tax deductions DOESN’T mean that we believe that ALL capital belongs to the gov’t.

    Let’s make this an adult conversation.

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