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Kansas tax collections $47M short of expectations in January

Kansas used workers' withholding taxes to bribe AMC Entertainment with a $47 million payment to move its headquarters from downtown Kansas City, Missouri, to a KC suburb on the Kansas side, just 10 miles away."

Worker's taxes siphoned off by their bosses

Thursday, April 26, 2012 | Posted by Jim Hightower

My congratulations to workers in 16 states – from Maine to Georgia, New Jersey to Colorado! Many of you will be thrilled to know that the income taxes deducted from your paychecks each month are going to a very worthy cause: your corporate boss.

Good Jobs First, a non-profit, non-partisan research center, has analyzed state programs meant to create jobs, but instead have created some $700 million a year in corporate welfare. This scam starts with the normal practice of corporations withholding from each employee's monthly check the state income taxes their workers owe.

But rather than remitting this money to pay for state services, these 16 states simply allow the corporations to keep the tax payments for themselves! Adding to the funkiness of taxation-by-corporation, the bosses don't even have to tell workers that the company is siphoning off their state taxes for its own fun and profit.

These heists are rationalized in the name of "job creation," but that's a hoax, too. They're really just bribes the states pay to get corporations to move existing jobs from one state to another, or they're hostage payments to corporations that demand the public's money – or else they'll move their jobs out of state.

Last year, Kansas used workers' withholding taxes to bribe AMC Entertainment with a $47 million payment to move its headquarters from downtown Kansas City, Missouri, to a KC suburb on the Kansas side, just 10 miles away. What a ripoff!

For more information – and for ways you can help stop this despicable giveaway – get the full report, entitled "Paying Taxes to the Boss." It's available at www.GoodJobsFirst.org.

http://jimhightower.com/node/7723#.VM...

January 30, 2015 at 5:32 p.m. ( | suggest removal )

Kansas tax collections $47M short of expectations in January

The way to repair this right wing calculated screw is to reinstate all tax breaks,tax cuts and stop handing out corporate welfare.

It is obvious the Sam Brownback administration has no clue about managing the states economy much less the states tax dollar cookie jars. What dummies.

January 30, 2015 at 5:23 p.m. ( | suggest removal )

Kansas tax collections $47M short of expectations in January

$47 million tax dollars is what AMC Theatres was afforded to move from one side of the border to the other.

Then a Chinese conglomerate came through and purchased AMC.

Where are those $47 million tax dollars Sam?

January 30, 2015 at 5:20 p.m. ( | suggest removal )

Publicly traded firm buys Lawrence-based engineering company; Holiday Inn closing banquet area for renovations; city to consider adding police dogs to force

On the engineering firm moving into the Hobbs Taylor Loft building...... after several years of being empty I say about time and good for the building.

Hope it mixes well with tenants ..... quiet neighbors I assume.

January 30, 2015 at 4:57 p.m. ( | suggest removal )

Publicly traded firm buys Lawrence-based engineering company; Holiday Inn closing banquet area for renovations; city to consider adding police dogs to force

As the crime rate increases Lawrence wants to keep up with the big cities no matter the expense.

How are the dogs justified? For what reason? The LPD seems to do a very good job in the area of apprehension so why the dogs?

January 30, 2015 at 4:53 p.m. ( | suggest removal )

ACLU asks Lawrence schools to suspend mentoring program

Very well put Mr Lassman....

January 30, 2015 at 1:55 p.m. ( | suggest removal )

ACLU asks Lawrence schools to suspend mentoring program

"Jones said one reason the group was reserved for boys was because boys graduate at a lower rate than girls."

That probably should not have been said...

January 30, 2015 at 12:24 p.m. ( | suggest removal )

Man in critical condition after early-morning shooting; suspect arrested after high-speed chase

What can possibly be wrong with a $15.00 or $17.50 per hour minimum wage? Neither hourly wage suggested will allow second homes in Aspen and in some cases even a first home throughout the country. $17.50 per hour = approximately $33,000 a year. 60 years ago that $33,000 was worth a lot more money considering some very nice homes with a double garage
were selling for around $25,000.

Momentum is building to raise the minimum wage. Several states have already taken action -- Connecticut has boosted it to $10.10 by 2017, the Maryland legislature just approved a similar measure, Minnesota lawmakers just reached a deal to hike it to $9.50. A few cities have been more ambitious -- Washington, D.C. and its surrounding counties raised it to $11.50, Seattle is considering $15.00

Senate Democrats will soon introduce legislation raising it nationally to $10.10, from the current $7.25 an hour.

All this is fine as far as it goes. But we need to be more ambitious. We should be raising the federal minimum to $15 an hour.

Here are seven reasons why:

http://www.huffingtonpost.com/robert-...

January 30, 2015 at 12:09 p.m. ( | suggest removal )

Letter: Deficit trends

Prior to President Obama taking office this was one perspective:

--- What impact would the conversion to private accounts have on the national debt?
The government would have to borrow an additional $4 trillion over the next 20 years to make up the money that would be drained out of the system by private accounts. Former President Bush and Congress racked up an average $793 billion deficit each year Bush was in office.

Social Security privatization would raise the size of the government’s deficit by another $300 billion per year for the next 20 years. This does not seem to bother Republicans, as long as they are in power.

In fact, by the time the second Bush left office, the national debt had grown to $12.1 trillion. Over half of that amount had been created by Bush’s tax cuts for the very wealthy. Another 30% of the national debt had been created by the tax cuts for the wealthy under Presidents Reagan and George H.W. Bush. Fully 81% of the national debt was created by just these three Republican Presidents.

--- How would the rest of the U.S. economy be affected if the private accounts replaced the current system?
Put simply, moving to a system of private accounts would not only put retirement income at risk—it would likely put the entire economy at risk.

http://www.dollarsandsense.org/archiv...

Will there always be debt? When hasn't there been debt?

If money is borrowed it must depend on what is to be done with that money as to whether or not borrowing is fiscally responsible. Borrowing to cover the cost of tax cuts does not seem to be fiscal responsible.

January 30, 2015 at noon ( | suggest removal )

Man in critical condition after early-morning shooting; suspect arrested after high-speed chase

I am implying that better paying jobs could possibly reduce the number of criminal incidents in general. My statements were not necessarily directed at the news story

Low paying employment does not allow individuals or families the ability to be self sustaining which can bring on depression and perhaps drive a person to commit a crime if they thought
the money might provide more groceries,clothing etc etc. Taking steps to improve their quality of life. Being broke cannot be fun.

Also I have had many years of positive interaction with the LPD and some disagreements however overall it has been positive.

Nonetheless crime is growing in Lawrence,Kansas ---- something the LPD cannot necessarily prevent. If the LPD was aware of when and where each crime was going to take place before the event then of course preventing a crime might be doable. Of course a crime must take place before law enforcement can step in. If the LPD had such ability the entire nation would be requesting their services.

January 30, 2015 at 11:53 a.m. ( | suggest removal )

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