Jon Stewart arm wrestles Grover Norquist (and wins)

Here's the Jon Stewart interview. (Dontcha wish actual newspeople interviewed this well?)

I have a pledge for you. And I bet it'd work.

"Any congressional district that elects anyone who signs Grover Norquist's pledge shall have its federal funding adjusted to equal its federal taxes paid."

This would affect mostly Republican districts who get more than they pay in. And it would balance the budget almost immediately.

Take it a step further: all congressional districts that elect a Democrat shall not have to pay more in taxes than they receive in federal funding. This would affect most Democratic districts who tend to pay more in taxes than they receive in federal dollars.

Ya see, here's the Big Hypocrisy: the districts that get the most from the federal government are Republican districts. And Republican districts nationwide, on average, get more from the federal government than they pay in.

So we'd be doing them a favor. We'd be helping them be honest, helping them be true to their ideals. No more federal gravy train for Republican districts who signed Grover's pledge (which he thought up when he was twelve–––I'm not making this up, it's on tape.) And Democrat taxpayers would stop being ripped off by the lazy, tax evading Republican parts of the country.

Anyway, Jon Stewart does a pretty fair job of outdebating Norquist. He points out that Reagan raised taxes a dozen or so times. He points out Clinton raised taxes and created a budget surplus and a boom, and Bush cut them and destroyed the global economy and bankrupted the country. Norquist doesn't blink or argue because it's all true.

Stewart does miss one big fat opportunity. When Norquist says we should get rid of public pensions and replace them with 401K's because then everyone knows exactly what they are going to get, Jon should have pointed out that 401K's are the accounts that Wall Street cleaned out over the past four years. The money went away. (Well, it didn't go away as much as it went into Goldman Sachs executive bonuses.)

Retirees under the privatized system have to pray really hard that the economy is up when they retire.

The thing Norquist hates about pensions is they are promises that have to be kept even if the market is being wiped out by pirates. Norquist doesn't like promises made to working people. Only promises made to pirates and CEOs, who are sometimes the same thing.

OMG––Norquist Wrote His Tax Pledge When He Was 12

From Daily Show reporter Samantha Bee, who is a pretty great interviewer.

OMG.

I'm not kidding. He says he actually did. Right on camera.

Our entire country is heading toward Greek style default because a 12 year-old in 1968 decided to rebrand the Republican Party around one simple and stupid idea. The idea of holding his breath until he got what he wanted. This may explain the brainpower problem they have.

This also explains why the GOP side of the aisle in the House is full of 8th grade boys.

Yuck.

Welfare for Billionaires––Only Billionaires

If you count corporate welfare and tax subsidies of rich people and private companies, the U.S. is a welfare state but one that supports the rich and corporations rather than the poor and working classes. A prof from Washington State University explains it very well.

Moyers & Co discuss how a political system steered by billionaires benefits billionaires.

(Big surprise.)

Meanwhile... The sad and disastrous fact is the billionaires have their money and are content to allow the western economies to collapse rather than forfeit any of it to support such "socialist" schemes as roads and universities and libraries and hospitals. As if the public good is an anarchist plot. A prosperous nation is an insult to their belief system. Infrastructure made it possible for them to get rich, in fact multiplied their wealth-creation with the efficiencies cooperative systems create, but they think nobody else exists in their closed system of spas and resorts and private clubs. Money is created for THEM. People work for THEM. Their idleness is akin to the idleness of the old Roman gods, luxurious and self-justifying. Meanwhile the lives of those who work for a living are growing narrower, shorter, meaner and more unpleasant. To reward actual work––as opposed to dividends on riches–– would inconvenience the lucky 1%. Austerity is killing the European economy rather than inconvenience rich Europeans. Austerity is how the rich teach working people to be poor. It's not happening by mistake. Here's an enlightening article from the New York Review of Books.

How patriotic is it to offshore your millions? Is it worse when those millions are earned from exporting jobs to countries where people work harder and longer for a dollar a day? Is it OK if you sing God Bless America while you are doing it? That's Romney's approach.

The Tax Evasion Industry

Everybody hates the tax man, so people tend to laugh when tax evaders get away with it. Never mind that Jesus advised people to pay their taxes, and President George Washington personally led an army to go after tax evaders in western Pennsylvania.

Taxation is both Christian and patriotic. So how do flag wavers and bible thumpers get away with their evasions? Plain and simple? They cheat. They leave honest citizens to carry their burden. They sit at the table and order food, they eat and drink, and they leave before the check arrives. They may be good at business, but mostly they're good at avoiding their responsibilities as citizens and neighbors. They are lowlifes. We shouldn't admire them. We shouldn't allow what they do. Mostly we shouldn't be paying their debts for them.

Here's a very good article by Chuck Collins in Sojourners.

Tax evasion is a big business model, and the biggest tax evaders are corporations. Companies like Amazon.com outcompete the small independent bookstores by evading sales taxes. There's an excellent article about this in Mother Jones.

The "Double Irish" maneuver corporations use to avoid paying taxes. Clever them, poor us. Here's a useful diagram.

The U.S. may have a high rate of corporate tax, but corporations don't pay it. The Daily Beast has a list. It's worth sharing with your conservative friends.

The top corporate tax dodgers include GE, Eli Lilly, Google, Rupert Murdoch's NewsCorp (FoxNews and the Wall Street Journal), Boeing, Pfizer, Oracle, Altria (Philip Morris), IBM, Goodrich, TimeWarner, Morgan Stanley, the Hartford, Devon Engergy, Hewlett Packard and Microsoft.