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Half of households pay no income taxes, super rich see taxes fall

The Internal Revenue Service and the Tax Policy Center in Washington have some statistics that will likely make last-minute filers extra-irate today: The super-rich are paying less in income tax than they used to, and nearly half of all U.S. households don’t pay any income taxes at all. The IRS…

‘Gang of Six’ Dem Senator: We’re considering Social Security changes

Sen. Mark Warner (D-VA) said Sunday that the bipartisan “Gang of Six” senators won’t look to raise taxes in their recommendations for lowering the deficit, but may go after Social Security. “We’re going to make everybody mad with our approach,” Warner told CBS’ “Face The Nation”, “because we’re touching every…

US post office mixes up Statue Liberty stamp

NEW YORK (AFP) – The US post office had egg on its face Friday after realizing that a stamp showing the Statue of Liberty in close up was not taken in New York’s harbor, but Las Vegas. The mix-up in the 44 cent stamp meant that envelopes are in fact…

Trump: It’s ‘very bad’ for GOP leaders to dismiss birtherism: ‘People love this issue’

Presidential wildcard Donald Trump continued to emphatically defend his “birther” conspiracy theories over the weekend, taking on the House GOP majority leader for dismissing his seriousness. “I think it’s a very bad thing for Cantor to have done,” Trump told TPM’s Evan McMorris-Santoro in Palm Beach County before speaking at…

US rushes in aid after tornadoes kill 45

RALEIGH, North Carolina (AFP) – US authorities Monday rushed aid to southern states after powerful tornadoes cut a path of death and destruction, killing at least 45 and reducing entire towns to piles of rubble. The tragedy began late Thursday in Oklahoma, where a giant twister almost flattened the small…

CA GOP official sent picture of Obama as chimp, didn’t think it was racist

Marilyn Davenport, an elected member of the Orange County Republican Party central committee, said she doesn’t think a photoshopped image she sent of President Barack Obama’s superimposed on a chimpanzee’s body is racist. She sent the emailed the picture of Obama and two chimp parents to friends Friday, with the…

Geithner certain debt ceiling will be raised

WASHINGTON (AFP) – Treasury Secretary Timothy Geithner expressed confidence Sunday that feuding US political parties will reach an agreement to lift the country’s debt limit before its is forced into default. With Republicans demanding long-term spending cuts in return for voting to raise the debt ceiling, Geithner said the administration…

‘Bullsh*t’: Former Bush adviser on Sen. Kyl’s Planned Parenthood lies

Mark McKinnon, a former adviser to President George W. Bush, appeared on CNN’s Reliable Sources Sunday morning and had a memorable take on Sen. Jon Kyl’s false claim that “well over” 90 percent of Planned Parenthood’s services were abortion. Kyl’s office later said that that statistic was “not intended to…

Trump calls Romney ‘small business guy,’ brags about net worth

Donald Trump, currently a frontrunner for the GOP 2012 nomination though he has not yet announced whether he will run, called former Massachusetts Gov. Mitt Romney a “small business guy” and said if elected, Romney would get rid of jobs. Trump insisted on CNN’s State of the Union with Candy…

Sen. Rand Paul: GOP needs to compromise on military spending

Republican Sen. Rand Paul (R), the son of Texas Rep. Ron Paul, said Sunday that conservatives in Congress need to compromise with Democrats on the federal budget. “The compromise is not to raise taxes, the compromise is for conservatives to admit that the military budget’s going to have to be…

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