Tag Archives: Henry Paulson

What Jeb Bush’s Plan Would Do For Jeb … a repost & a reminder


Jeb Bush’s Tax Plan Would Save Him $773,677 A Year

Jeb Bush apparently knew what he was doing with his own trickle-down tax plan: inflating his own bank account. According to a new analysis from the Center for American Progress Action Fund, Jeb Bush will save approximately $773,677 a year—almost 15 times the median family income in the United States—in tax breaks under his tax plan. Bush’s adjusted gross income in 2013, based on his 2013 tax return, was $7,274,764, so clearly he benefits significantly from reducing the top tax rate from 39.6 percent to 28 percent. Bush’s income included a combined $730,898 of taxable interest, long-term capital gains, and dividends that qualify for reduced tax rates, meaning Bush would further benefit if the top tax rates were lowered to 20 percent on these sources of income, as his tax plan proposes. Here are some ways Jeb Bush ensured he would benefit from his tax plan:

  • Jeb Bush and the very wealthy can deduct more from their taxable income under Bush’s plan. Though the media says Bush’s tax plan closes loopholes and eliminates deductions, Bush would actually receive $138,572 of itemized deductions under his plan, compared with the $56,980 he actually took in 2013.
  • In his tax plan, Jeb Bush makes money by repealing part of the funding for the Affordable Care Act. Despite the fact that the ACA has succeeded in bringing quality, affordable health insurance to nearly 16 million Americans, Jeb Bush would get a tax cut of $33,023 from repealing the 3.8 percent net investment income surtax that helps fund the ACA.
  • Jeb Bush’s tax plan ensures the Bush family won’t pay estate taxes on their accrued wealth. Though only the wealthiest 0.18 percent of estates paid any estate taxes in 2013, the Bush family would likely benefit from Jeb Bush’s elimination of the estate tax at the expense of critical programs. This would be on top of the income tax savings Jeb Bush receives from his plan. The estate tax is a significant source of revenue, generating about $237 billion over 2016-2025 under current law. As the Center on Budget and Policy Priorities warns, “If the estate tax were further weakened or repealed, other taxpayers would have to foot the bill for these programs, face cuts in the benefits and services provided, or bear the burden of a higher national debt.”

Jeb Bush may claim his tax plan will jumpstart the economy. But as Harry Stein, the Center for American Progress Action Fund’s Director of Fiscal Policy, points out as part of Time’s coverage of Bush’s plan, “we already know how things turned out after the first Bush tax cuts: federal budget surpluses turned into massive deficits and instead of widespread economic growth we got the Great Recession.” Even the conservative analysts at the Tax Foundation acknowledge that the top 1 percent would benefit the most from Jeb Bush’s plan and cost $3.6 trillion over 10 years, adding about $45,946 per child under 18 in the United States to our debt burden.

BOTTOM LINE: Though Jeb Bush and the very wealthy can certainly afford his tax plan, the middle class cannot afford another failed trickle-down plan. As Harry Stein puts it, “At a time when middle-class programs like Social Security and Medicare will need more revenue over the long-term to meet the needs of an aging population, this plan is simply not sustainable for the nation.”

After triple murder (including an infant), Kansas City mayor GOES OFF on need for gun control


















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Living with or taking over Wildlife habitat …

ELkOne day while I was minding my own business, I received an email from the fish and wildlife department. I signed up to get email from them but not out of malice or some secret plan to track their actions but some of them gave me chills sadness and great disappointment… and that was my first reaction then it made me remember the elk kill that happened in 12/11; I was reading local online news when I saw an article about an elk kill that was going to happen the following Monday.

It went on to say that there was a golf course built in the area and after two years the course was suffering from damage so a request for containment was obviously put in and approved. This story just gets worse as the silly and ugly of it all becomes known and the obnoxious takes over. The article stated about 30 Elk encroached the land of this golf course and that a schedule of Elk Kills would start on Monday. I am becoming more upset and decided it is time to call. The contact person was great but he said that there were only about three making life miserable for the golf Course owner. The dept. had arranged a kill with the Owners of the golf course and between you and me, the kill did not sound kosher. The kill was not announced so the community and the area’s tribes were left out as well and like many other developments, this golf course was built in wildlife habitat.endangeredWhales

I am not against sport fishing or hunting but this is not the definition of it…more like legalized poaching, which is wrong on so many levels.  My dad our family, hunted and fished, but in the good way.  Anyway, I decided to put the original article and my entry out into the airwaves to see what would happen. Thank goodness some in the community heard about the upcoming kill, demanded the kill be stopped. The area’s tribe stated they did not know about the kill, they also stated some of the land where the kills would take place was on sacred land, which made me relax because unless or until a mutual agreement is made the Elk would likely be safe. If they needed the meat, far be it from me to obstruct as long as the tribe and that area’s food banks are filled for the local communities. I cannot say that was on their minds though as an employee stated, “If they had just kept it quiet the commotion would be less.” Fortunately, they delayed the Elk kill.

Unfortunately, in a different part of the Pacific NW, not only are they hiring to help with elk kills they have a wait list of volunteers and paid helpers to “round” up the elk, which is sick to an outsider. You might be wondering why be sick, well, because not too long ago Elk were reduced to questionable numbers and five years later WA State decides to thin them out again. The only answer would be that developers are eyeing the land and the offer might be tough to reject.outofharmswaywolves

My email inquiry is below; I did call as well and was asked to email…sorry


I just had to respond to an email, which I guess I subscribed to on a regular basis. First, I want to state that I have nothing against hunting but I really do not understand why these elk kills not hunts are put on if the elk are truly not harming anyone. If someone could explain to the public who decides the kills are needed why how many and what could be done other than the every 5yrplan or so. I have to ask because the available wildlife habitat seems to be shrinking. At one point, the number of elk was very low and an increase of building roads and or homes in wildlife land. I am not the only Washington resident that misunderstands, and some object to the kills. I am no expert but who is invading whom. I received an email looking for volunteers, who included the following:  “The department’s management plan calls for reducing the herd size to bring the number of animals into balance with available habitat,” Junker said.  I said, this seems like a legal poach and bringing the number in balance with the available habitat is only as big as the next golf course or family center or housing development. I just do not understand who gets the meat, hopefully to ALL Native American Tribes … who, should be the “hunters” by the way or the areas food banks but the whole “Volunteers” needed to facilitate access for elk hunts” sounds the opposite of what hunting is all about.

orca whales facing high levels of pollution and endangerment

Their response:

Thank you for contacting the Department of Fish and Wildlife. I am forwarding your e-mail to our Wildlife Management Program, so they can address your concerns.

If you have, any questions please feel free to contact us at 360-902-2464 or email us at licensing@dfw.wa.gov.


Thank you for contacting the Department of Fish and Wildlife. I am forwarding your e-mail to our Wildlife Management Program, so they can address your concerns.

If you have, any questions please feel free to contact us at 360-902-2464 or email us at licensing@dfw.wa.gov.


Not much information given

Like I said, I have nothing against hunting and fishing, but what we have here is nothing close and sounds like legal poaching on wildlife that already is dealing with humans that have decided to spread out at whatever cost is just wrong.  If that was not enough, let us talk about the Puget Sound’s Orca. I know even less about orcas scientifically, but I did grow up hearing the story of Namu’s capture. Ted Griffith, the so-called trainer has stories written about him that are not good. Consequently, I have a lot opinions thoughts and feelings about Whales in general.  I feel that our Navy should get a cease and desist letter ordering all the sonar tests stop until they find out if this is indeed affecting our Whales or at least tell the public what the sonars are being used for or against. I also want to know why there are less Orca’s, why has the state sided with whale watchers and why are our grey whales washing up on our beaches. There should not be whales in captivity. The organized elk kills, taking whales off the endangered list are all beyond sad but to hear that Wyoming has planned a massive wolf kill has us all gasping … Why? Because there is no announcement no explanation and leaves some of us wondering what new development is about to shrink wildlife habitat even more.

Hey, call write and email your states Fishing & Wildlife dept. and Ask Questions!

Thank you for contacting the Department of Fish and Wildlife. I am forwarding your e-mail to our Wildlife Management Program, so they can address your concerns.

Bargaining For The American Dream … CAP


Economic Mobility and Union Membership Go Hand In Hand

We all can agree that zip code shouldn’t determine destiny and a child’s economic future should not be determined by his or her parents’ income. Upward mobility and opportunity are the definition of the American dream. But today, the United States has less mobility and fewer opportunities than other advanced economies: a U.S. child born in the bottom quintile of the income distribution has only a 7.5 percent chance to reach the top quintile of the income distribution as an adult. In comparison, a child born in Denmark in the bottom quintile has an 11.7 percent chance of reaching the top quintile as an adult. That child born in Canada has a 13.4 percent chance.

Understanding the challenges to economic mobility are key to increasing it. A groundbreaking new report from researchers at Harvard, Wellesley, and the Center for American Progress does just that: it finds that economic mobility thrives where unions thrive. The data show a strong relationship between union membership and intergenerational economic mobility. Here are some other key findings from the report:

  • Areas with higher union membership demonstrate more mobility for low income children. Low-income children rise higher in the income rankings when they grow up in areas with high-union membership. A 10 percentage point increase in a geographic area’s union membership is associated with low-income children ranking 1.3 percentile points higher in the national income distribution.
  • Areas with higher union membership have more mobility as measured by all children’s incomes. After controlling for parents’ incomes, the report finds that a 10 percentage point increase in union density is associated with a 4.5 percent increase in the income of an area’s children.
  • Children who grow up in union households have better outcomes. Children of non-college-educated fathers earn 28 percent more if their father was in a labor union.
  • Union density is one of the strongest predictors of an area’s mobility. The relationship between unions and the mobility of low-income children is at least as strong as the relationship between mobility and high school dropout rates—a factor that is generally recognized as one of the most important correlates of economic mobility. Furthermore, unions remain a significant predictor of economic mobility even after one controls for several variables including race, types of industries, inequality, and more.

These findings indicate that those who want to increase economic mobility should support unions. “The ongoing decline of unions will make it harder and harder for the United States to reduce inequality and maintain a strong middle class in the future,” explains Richard B. Freeman, Herbert Ascherman Chair in Economics at Harvard University and lead author of the report. Former Treasury Secretary Lawrence Summers, quoted in New York Times coverage of the report, says the results show “further grounds for concern about the decline of unionism in the United States.”

BOTTOM LINE: There’s new evidence about the importance of unions in America: Economic mobility and union membership go hand in hand. Unions need support to continue their role of reducing inequality, opening doors for workers and their families, and keeping America a place where you don’t need to be born wealthy to get ahead.

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6,000 transportation and hospitality workers to earn a living wage ~~ The other Washington

mapofWashingtonstateDid you know that the fight for a living wage is taking place right here in Washington state?

While fast food workers across the nation are demanding higher wages, Proposition 1, the Good Jobs Initiative, will be on the November ballot in SeaTac.

It will enable more than 6,000 transportation and hospitality workers to earn a living wage and enjoy common sense benefits, like paid sick leave.

Two weeks ago, 20 elected Democrats, including Rep. Adam Smith and King County Executive Dow Constantine, endorsed a Yes vote on SeaTac Proposition 1.

The Yes for SeaTac campaign needs our help. Can you knock on doors and help spread the word about SeaTac Proposition 1?

What: Yes for SeaTac’s Democrats Weekend!
When: October 12th or 13th, 9am-5pm
Where: Riverton United Methodist Church
3118 S 140th St. Tukwila

Yes, I can help

SeaTac Proposition 1 is endorsed by community organizations, faith groups, and labor unions.

Prop 1:

provides up to 5 days of paid sick leave for full-time airport employees, preventing the spread of dangerous disease and keeping our families and community safe.

incentivizes airport-related businesses to employ full time workers, creating jobs our neighbors can count on to make ends meet.

requires SeaTac hotels and hotel restaurants to do the right thing and give tips and service charges to the employees who perform the actual services.

ensures that SeaTac residents employed at and around the airport can receive a living wage of $15, helping them make ends meet.

exempts small businesses in SeaTac. Prop 1 specifically exempts SeaTac restaurants, grocery stores, and all other small businesses.

Stand with SeaTac workers and sign up to help the Yes for SeaTac campaign today.


Jaxon Ravens
Executive Director
Washington State Democrats