#352701
Once again the GOP front-runner struggles to ensure his supporters will be seated in Cleveland.
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#352702
Whispers of a mass defection of Bernie Sanders supporters that might turn into an #anyonebutHillary moment in November have been circulating in recent weeks but were markedly intensified in recent days. And now a still-active AOL poll has well over 40% of participants indicating they would consider voting for Donald Trump over Hillary Clinton should …
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#352703
"I think that Mr. Cruz and Mr. Kasich divide the vote, and that makes it easier for Mr. Trump to win the ... winner-take-all states ..."
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#352705
Norway has put four young children at high risk of sexual assault just because the parents have occasionally spanked the kids and are Christians.
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#352706
Ted Cruz joined Trump leg-humper Sean Hannity in Binghamton of Upstate New York and talked about his experience in 9/11 and names the person he and Heidi knew who died in the plane that crashed int…
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#352707
Stuart Taylor Jr. writes about the Hollywood hit-job on Supreme Court Justice Clarence Thomas—HBO’s “Confirmation” heavily edits history to favor Anita Hill.
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#352708
Roger Stone is pandering to Donald Trump's base by promising them loyalty oaths.
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#352709
Senator Ted Cruz was on Good Morning America Monday morning for a live town hall event. When asked about his feelings on gay marriage, here is what he had to say:
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#352710
The $15 minimum wage hike in California has sent financially troubled UC Berkeley into decision making mode, and "the people who clean buildings, who work in food services or health clinics, says Todd Stenhouse, will be the ones without a job.
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#352711
Universities should have adjunct administrators instead of adjunct instructors. The corporate world already does it - using outsourcing - and saves much
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#352712

Bernie's Tax Hypocrisy

Submitted 8 years ago by ActRight Community

Bernie Sanders released his 2014 tax return this weekend, revealing that he and his wife took $60,208 in deductions from their taxable income. These deductions are all perfectly legal and permitted under the U.S. tax code, but they present a morally inconvenient, if delicious, irony: The Democratic socialist from Vermont, a man who rages against high earners paying a lower effective tax rate than blue-collar workers, saved himself thousands using many of the tricks that would be banned under his own tax plan. With all of his itemized deductions, Sanders’s taxable income was significantly lower than it would have been if he had taken the standard deduction. The deductions left Sanders and his wife paying $27,653 in federal income taxes in 2014, on a joint income of $205,271 — an effective federal tax rate of 13.5 percent. If that seems low to you, your instincts are right: According to the Tax Foundation, the average federal income-tax rate for a couple making $200,000 to $500,000 in 2014 was 15.2 percent. The “millionaires and billionaires” that Sanders is so fond of berating payed, on average, just more than twice as much of their income (27.4 percent) in federal taxes as he did. #ad#On the campaign trail, Sanders’s taxation philosophy is simple: If you can pay more, you should; deductions are not a justifiable reason for a wealthy person to pay a lower effective rate than someone who earns less. His web site declares, “We need a progressive tax system in this country which is based on ability to pay. It is not acceptable that corporate CEOs in this country often enjoy an effective tax rate which is lower than their secretaries.” With such rhetoric, you might think that Sanders would be reluctant to take every deduction he possibly could. Yet he and his wife took these deductions: $22,946 on home-mortgage interest $14,843 on real-estate taxes $9,666 on state and local income taxes $8,000 in gifts to charity $350 in gifts to charity other than by cash or check $4,473 in unreimbursed job expenses, which according to tax law can include fees such as union dues and travel Keep in mind, Bernie Sanders doesn’t really like people itemizing their deductions to keep their taxes low. Under his tax plan, people making more than $250,000 per year — a bit more than he makes as a senator, but less than the $400,000 he would make as president — would have their itemized deductions limited to 28 percent of their income. The Sanders family’s own 2014 deductions amounted to 29.3 percent of their income. #share#The Sanders’s single largest deduction was for the interest payments on their home mortgages. The senator isn’t such a fan of that deduction. In a 1997 book and again in his 2015 autobiography, he called for raising nearly $35 billion in new taxes by capping it at the first $300,000 in home-mortgage debt. In a speech on the floor of the House in 1997, he portrayed the deduction as a welfare payment to billionaires: “[Republicans] don’t talk about a housing policy through the home-interest mortgage deduction, which allows billionaires to get checks from the government when they deduct the mortgage from their mansions.” The paragon of liberal purity is not as pure as he’d like the world to believe. Today, Sanders and his wife own two homes. They own a four-bedroom, 2.5-bath home in Chittenden County, Vermont, purchased in 2009 for $405,000. And they own a one-bedroom town house on Capitol Hill, purchased in 2007 for $488,999. They have two mortgages on the latter property totaling $464,550. We don’t know precisely how much debt remains on those mortgages, but there’s a good chance it’s significantly higher than $300,000. Sanders may have once thought the deduction was an unjust giveaway to the rich, but he appears to have no problem taking advantage of it himself. The Tax Policy Center found that biggest beneficiaries of the mortgage-interest deduction are people such as Sanders — wealthy by most standards, but not super-rich, living in areas with high real-estate costs. (Places with high real-estate costs often have high property or real-estate taxes, another big federal deduction. Some argue that allowing Americans to deduct their property taxes rewards localities that have high property-tax rates and punishes those that have low ones.) #related#The home-mortgage deduction has a smaller impact on the tax returns of the “millionaires and billionaires” that Sanders so loathes. In the TPC study, a person making $1 million per year saw his average federal tax rate reduced by only one-tenth of one percent because of the deduction, while someone making between a $500,000 and $1 million per year saw a tax rate reduction of six-tenths of one percent. The biggest winners were those making $100,000 to $200,000 per year and those making between $200,000 and $500,000 per year: Both groups saw their tax rates reduced by 1.2 percent because of the deduction. What Sanders did, using every option and advantage available under a Byzantine tax code to minimize his tax payment, is a normal practice for many Americans. But it’s also exactly what the targets of his anger do. You can argue about whether or not that’s greed, but it’s impossible to argue that it isn’t hypocrisy. The paragon of liberal purity is not as pure as he’d like the world to believe. — Jim Geraghty is the senior political correspondent for National Review.
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#352713
Freedom of Contract should be the only argument needed to completely abolish minimum laws. Free people have the right to agree to a wage without government.
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#352714
The tap in her apartment yields water only every two weeks. It comes out yellow. Her 8-month-old granddaughter is ill. And as Yajaira Espinoza, a 55-year-old hairdresser, made her way down the halls of Caracas university hospital on Friday, Zika cases evident in the rooms around her, a dense ash-filled smog enveloped the city.
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#352715
Files on more than 4,000 fighters provide a deeper understanding of who signed up for ISIS.
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#352716
Conservative radio talk show host Hugh Hewitt appeared on MSNBC Saturday morning and suggested a new Republican presidential candidate as an alternative to the current Ted Cruz / Donald Trump offering. According to Hewitt, the GOP may not have to look to far to find the candidate its...
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#352717
Imgur: The most awesome images on the Internet.
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#352718
Donald Trump has no idea what it takes to be a delegate. It is an honor that requires many years of consistent commitment to the state, the party, and the country. It is offensive that Trump believ…
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#352719
The number of people attracted to socialism is scary. I can only conclude that they’ve never cracked open a history book, because there’s no way any sane person can support socialism. Bernouts say socialism’s goal is to “achieve nationwide health, safety, and benefits through means that are right at the fingertips of this country’s own …
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#352720
(Video below) From the Family Policy Institute of Washington comes this amusing video, where a conversation about gender-neutral bathrooms turns into something a bit more interesting: Watch as the students struggle to explain why an adult male shouldn’t enroll in a first-grade class, why he’s not a woman, why he’s not substantially taller, or why
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#352721
Exclusive documents show student protesters demanded the school give them generators—and even a fire pit.
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#352722
Don’t be fooled by the post-Paris fanfare. The climate change movement faces major trouble ahead: Its principal propositions contain two major fallacies that can only become more glaring with time. First, in stark contrast to popular belief and to the public statements of government officials and many scientists, the science on which the dire predictions of manmade climate change is based is nowhere near the level of understanding or certainty that popular discourse commonly ascribes to it. Second, and relatedly, the movement’s embrace of an absolute form of the precautionary principle distorts rational cost-benefit analysis, or throws it out the window altogether. That’s the argument of my new feature on climate change, at The American Interest magazine. I try to put the swirling academic debate over climate change in the context of our current 2.6 million-year-long Pleistocene Ice Age, in order to suggest what the evidence actually shows and what a rational cost-benefit analysis might look like. 
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#352723
As details leak out, it becomes hard to imagine a government office more out of control.
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#352724
Weekly Standard editor Bill Kristol joined me in the first hour of Friday's program to discuss Thursday night's Democratic debate and the three speeches by
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