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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (669039)	8/25/2012 12:24:12 AM
From: joseffy	Read Replies (1) \| Respond to of 1578499

NY TIMES offers racist demagoguery. from James B. Stewart is a professor of business journalism at the Columbia University Graduate School of Journalism.

To: bentway who wrote (669039)	8/25/2012 12:30:26 AM
From: THE WATSONYOUTH	5 Recommendations Read Replies (2) \| Respond to of 1578499

So.....Obama breaks the law with an edict that allows illegal aliens to remain in this country under "certain" arbitrary conditions .......then refuses to verify that those "certain" arbitrary conditions are met.......allowing virtually all illegal aliens except convicted felons to remain in the country.........then allows those same illegal aliens convicted of felonies (over 50,000) to remain because the countries of origin REFUSE to re-patriot them. Is this a bentway supported policy? What does bentway want to say to Hemorroid Clinton and Sherlock Napolitano regarding these illegal alien convicted felons who remain in this country?? Recall how Napolitano maintained that she needed to use the resources of Homeland Security to make SURE illegal aliens convicted of felonies were detained and deported?...... yeah right......tell that to the families of those killed by these scumbags because we don't even have the balls to deport them. This stuff just makes me sick. Rep raises alarm after murders by illegals blocked from deportation by home countries Read more: foxnews.com Long after they were ordered out of the country, thousands of criminal aliens from places like China, Cuba, Vietnam and Pakistan remain free in the United States to commit new crimes because their home countries refuse to take them back. For years, this unique problem percolated under the political radar. But recent crimes by immigrant felons have lawmakers scrambling to punish nations that refuse to repatriate their own citizens. The Obama administration and many Democrats in Congress, however, are blocking punitive legislation, preferring to let the State Department handle the issue diplomatically. Rep. Ted Poe, R-Texas, is leading the charge in Congress to change the law, pushing to withhold visas to nations that refuse to take back their own. "I don't know why the State Department seems to take the side of foreign countries over our own American interest in the United States," Poe said, urging the U.S. to tell those countries: "Look, you take these people back or the consequence is going to be no visas for your nation." Under a 2001 Supreme Court decision, U.S. immigration officials are only permitted to hold someone for six months after their incarceration. So when a home nation refuses to take back their national, the U.S. is required to release them -- no matter what they've done. The issue recently came to Poe's attention after three especially heinous crimes were committed by men ordered deported years ago. In June, a judge sentenced 22-year-old Shafiqul Islam, a Bangladeshi national, for the murder of 73-year-old Lois Decker. "This man was a dangerous criminal," said Hudson New York District Attorney Paul Czajka. "He should not have been in the United States. At the very least, he should have been in detention." Islam murdered Decker after serving a year for sexually assaulting a child. After his release from prison, a judge ordered Islam deported. Bangladesh, however, refused to take him back. Because of the 2001 high court ruling, Islam stayed in the country. "Lois had so much more living to do. She'll never see her grandchildren marry. Or see them have children. She loved her family, her friends and her church," lamented Decker's sister Sue Call at Islam's sentencing hearing. Police say Decker was at home when Islam broke in and strangled her to death in March. Decker taught Sunday school, volunteered at church and supported veterans' groups. Her case ignited a storm of criticism in tiny Hudson, N.Y., but it is hardly isolated. More than 50,000 criminal alien immigrants ordered deported remain in the U.S. Those nations with the highest numbers, in order, are: Cuba, China, India, Pakistan and Vietnam. Another example is 35-year-old Binh Thai Luc. Luc was a career thief who served an eight-year term in California state prison. A judge kicked him out of the U.S. but when Vietnam refused to take him back, he was released onto the streets of San Francisco. In March, Luc allegedly bludgeoned to death a family of five.n Boston, a Cambodian gang member stabbed and beat 16-year-old Ashton Cline-McMurray to death with a golf club. The boy, disabled with cerebral palsy, was attacked while walking home from a football game. Originally, prosecutors charged Loeun Heng with murder, which carried a life sentence. However, in 2003 they agreed to a plea bargain, believing Heng could be deported. Last year, when he was released from prison, Cambodia refused to take him back, putting him back on the streets. "They said he would never set foot basically on American soil again," said the boy's mother Sandra Hutchinson. "It's crazy. They're just letting him back out there to do it to somebody else." Eventually, Cambodia relented and took him back. But these cases caught Poe's attention. His first bill introduced last year refused any visas -- student, business or tourist -- to any country that refused to repatriate their criminals. That bill went nowhere, opposed by the travel industry, the administration and Democrats in Congress Back again in the House Immigration Subcommittee, Poe is trying again. This year, his bill only applies to visas for diplomatic staff from countries that refuse deported nationals. But many Democrats believe even that is too aggressive. "What Poe's bill will do is throw a monkey wrench into diplomatic relations. It is a nonstarter for that reason," says immigration attorney Dave Leopold. "It makes it extremely difficult, if not impossible, for the secretary of State and the secretary of Homeland Security to make intelligent decisions about when to stop issuing visas to countries that refuse to take their criminal alien deportees." Poe says the State Department already has the discretion to withhold visas from offending nations, but used it only once in 2005 against Guyana. The country immediately took back its 100 citizens. His bill currently in committee would make the sanctions mandatory. "These people don't go back. They stay here. They commit crimes. And the countries that are responsible for them don't do anything about it. It's time the United States do something about it and hold these countries accountable," said Poe. "They aren't going to have any choice if we pass this law.' Fox News contacted Democratic members of the immigration subcommittee, but they declined interviews on the topic. Fox News' Dan Gallo contributed to this report.

To: bentway who wrote (669039)	8/25/2012 12:44:15 AM
From: i-node	Read Replies (1) \| Respond to of 1578499

>> The good news for Mr. Romney is the forms suggest that he paid at least some federal income tax every year, as he has said he did. So, Harry Reid is a dirty liar, just as you were told. And there is plenty of information in the 2010 return to tell you Romney paid taxes, just as I told you last week. >> Foreign tax credits are highly prized because they reduce tax liability on a dollar-for-dollar basis. Every dollar of credit is a dollar in tax saved, unlike deductions, which reduce only taxable income. Most American taxpayers don’t have foreign bank accounts or partnerships in the Cayman Islands, but many get a foreign tax credit because they own mutual funds that invest on foreign exchanges. Foreign taxes paid by the funds are passed on to shareholders in the form of tax credits. The rationale is that people shouldn’t be taxed more than once on the same income. I've prepared hundreds of tax returns for ordinary individuals who claimed foreign tax credits. It has nothing at all to do with whether one has foreign bank accounts, although it is certainly possible to have both a foreign bank account and a foreign tax credit, if the account gives rise to earnings. >> “The U.S. tax laws for foreign income are a horrible mess,” Daniel Shaviro, professor of taxation at New York University School of Law, told me this week. “It’s insanely complex.” It is. All the more reason you dolts that listen to the liberal media on this subject who are totally clueless make you even more clueless than they are. >> I even took the online course offered by the I.R.S. to try to understand the complex calculations. My God. He took an online course from IRS? You'd think he was a tax expert. ROTFLMAO. I got a Master's in tax and had more questions when I finished than when I started. It isn't something you learn in an online course from IRS. You think this guy understands the concept of "cash basis" accounting for tax returns? Apparently not. >> The I.R.S. has struggled for years to cap the foreign tax credit at the amount an American would have paid in tax on that same income in the United States, so as not to subsidize higher-tax foreign governments, but with limited success. One of the basic problems with the foreign tax credit, Professor Shaviro observed, is “it’s overgenerous.” Making the statement that it is "overgenerous" is a value judgment, not a professional one. And frankly, it is more of an international economics issue than a tax issue. You can't tax people on their world wide incomes and not give them credits for taxes paid in other countries. Period. If you did that you would have situations where people wouldn't earn enough to pay their damned taxes which is directly contrary to the "wherewithal to pay" doctrine established in the 40s. >> The big foreign tax credit that year “makes no sense to me at all,” Professor Shaviro said. “We have no idea what he actually did.” But if it is the result of some kind of tax shelter, It makes no sense to him but he KNOWS it is a result of a tax shelter and not merely a foreign investment? How does he know this? >> Professor Hines added: “Lots of people are speculating about the source of this tax credit, but at this point it’s just conjecture. Better answer, but followed by, this time, a political judgment -- and a pretty lousy one at that. >> If it was up to me, I’d wipe out the credit, wipe out the deferrals, and simply tax all foreign income at a single low rate.” Great. And so you'd have the same fucking effect as the current tax code. You earn money that is taxed somewhere else at 15%, report it your 35% income tax return with a 15% FTC, and you end up paying 20%. WTF difference does it make? Yet another hatchet job from the NYT.