McCrory Tax Increase Is Another Broken Promise

Breaking another 2012 campaign promise, Governor Pat McCrory has announced his support for a budget that increases taxes on middle class North Carolinians. In a rush to end North Carolina’s protracted legislative session, the governor is putting politics ahead of North Carolina families. The budget will increase fees on car registration, sales taxes on maintenance for cars and home appliances, and fees for newborn screenings.

The North Carolina state chapter of the Koch brothers’ head political group, Americans for Prosperity (AFP), quickly released a statement of support:

“North Carolina is lucky to have leaders like Gov. McCrory who listen to concerned citizens and deliver measurable tax relief at home and in the private sector,” said State Director Donald Bryson.

“Gov. McCrory knows that lower taxes are good for all businesses, individuals, and families, who deserve fair and equal treatment under revenue laws.”

While the Kochs may be pleased with the big tax breaks McCrory has […]

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More Bush, More Bush Tax Cuts. What Could Go Wrong?

Jeb Bush is taking yet another page out of his brother and Mitt Romney’s playbook with his tax plan that gives massive handouts to the wealthy — to prove he’s the most fiscally conservative candidate in the field, he’s taking their plans even further. Jeb’s for cutting the corporate income tax rate to 20% — as compared with Romney’s 25% proposal — and slashing the the tax on top income earners to 28%, as compared with George W. Bush’s 35%. Jeb would also eliminate the estate tax in a proposal his own economists estimate would cost $3.4 trillion over the next decade. Mitt’s “revenue neutral” tax plan tanked his campaign… how could Jeb’s $3.4 trillion tax plan possibly backfire?

To boot, Jeb’s economists hinted he’ll have to cut Social Security and Medicare benefits — they use the “entitlements” code word — and acknowledged the necessity of “spending restraint” in education and other areas to pay for the massive cuts. Lest we […]

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Jeb’s Tax Plan: Another Round Of Bush Tax Cuts For The Wealthy


TO:                 Interested Parties
FROM:           Jessica Mackler, President, American Bridge 21st Century
DATE:            September 9, 2015

After first getting advance sign off from Wall Street and the same trickle-down clowns that endorsed his brother’s policies, Jeb Bush is set to roll out his tax plan in North Carolina today, hoping to bring a much needed high-energy “jumpstart” to his campaign.

But as another out-of-touch and out-of-date Republican who puts the interests of Wall Street and his billionaire backers ahead of middle class families, Jeb’s tax plan is sure to be nothing more than a repackaged version of the failed policies he championed as governor and his brother pushed as president.

Jeb has a long record of cutting tax cuts for the rich and special interests, which he did at every opportunity as governor of Florida. On the presidential campaign trail, Jeb claims […]

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Ayotte Lends An Ear, Kochs Spend Big

Since she’s been in the Senate, Kelly Ayotte has lent an ear to the Koch brothers. Now, the billionaire brothers are bankrolling campaign ads for Ayotte’s uphill re-election battle. Shocked? Neither are we, considering Ayotte voted to keep $40 billion in oil tax breaks.

The Kochs are quick to the rescue and more than happy to help out Ayotte as she faces a tough election ahead. Ayotte is too busy representing the special interests in Washington to care about the Granite State.


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Jeb’s searchable tax returns

In his enduring commitment to “transparency,” Jeb Bush made sure that the incomplete tax returns he posted to his website were unsearchable and difficult to download. So we fixed it for you.

Click here to access American Bridge’s full text searchable and downloadable copy of Jeb’s incomplete tax returns.

The initial reviews show Jeb’s hollow promises on transparency:

Tampa Bay Times: “Bush’s transparency has limits. He would not commit to releasing more details about some of his consulting clients or several limited liability corporations he had created but has since resigned from.”

Read more after the jump.

10 More Years of Jeb Bush’s Tax Returns

American Bridge is continuing its steady drip of Jeb Bush’s tax returns ahead of his holiday week news dump. He’s claiming transparency while burying the real news of what’s not in the returns.

The following years are now available for download:

To download the file, please click here.

Read more after the jump.

Bush didn’t pay federal taxes for at least three years, what else is he hiding?

We’ve seen this movie before:  a Jeb Bush news dump headed into a holiday so he can claim transparency while keeping the big news safely buried.  Here’s a start:  Jeb! paid zero federal income tax in at least three years.

American Bridge is giving you a sneak peek at four of Bush’s returns already, and has made them available at the following links:

Additionally, here’s what you can expect Jeb! to not disclose headed into a holiday weekend...

MEMO: What To Expect In Nashua

TO: Interested Parties
FROM: Brad Woodhouse, President, American Bridge 21st Century
RE: What to Expect in Nashua
DATE: April 17, 2015

Republican presidential candidates are descending like a swarm of locusts on Nashua, New Hampshire, this weekend for the NHGOP’s First in the Nation Leadership Summit. With more than 20 candidate events scheduled in addition to Friday and Saturday’s speaking slots, American Bridge will be working overtime to document every word from targeted candidates and continue our work holding Republicans accountable for their extreme positions and words. Here’s what we’re expecting to hear.

Read more after the jump.

Education Bullies Chris Christie And Doug Ducey Hit The Trail Together

Doug Ducey needs some support from his friends in his hotly contested Arizona gubernatorial race. So today Ducey is bringing in Chris Christie, a man who would certainly rather enjoy the sunny skies of Scottsville than address the fiscal fiasco he’s built in New Jersey.

Well Chris Christie and Doug Ducey have a good deal in common. Christie has presided over an impressive eight credit downgrades in New Jersey, while Doug Ducey’s Cold Stone had one of the highest franchise default rates of any company in the country. Both support massive tax cuts for the wealthy, shifting the burden toward the middle class.

But the biggest and most damning similarity between Ducey and Christie is their shared insistence on slashing education funding. Christie has cut $1 billion from education in New Jersey, and Arizona can expect much the same if Ducey gets his way. Ducey opposed a court order requiring Arizona to increase education funding. He promises huge tax cuts that would predominately help the richest Arizonans, but claims he will somehow implement them without touching the education budget — a plan that’s been written off as unrealistic. And that’s just the tip of the ice cream cone.

Read more after the jump.

Bruce Rauner: The Everyman with the Cayman Islands Account

In last month‘s edition of Bruce Rauner: The Everyman, we brought you to his $100,000 parking spot in Chicago. This month, it’s off to the Cayman Islands, the offshore tax haven where Rauner has been parking his millions, according to the Chicago Sun-Times. Although Rauner has refused to release his most recent tax returns in full, the Sun-Times ties parts of Rauner’s fortune to five different Cayman Islands investments.

If you want to accessorize like Rauner, all you’ll need is an $18 watch. But if you want to offshore bank in the Cayman Islands like Rauner does, that’ll run you a minimum $500,000 – $1 million investment, according an expert quoted in the Sun-Times. Of course, that’s but pocket change for Rauner, who reported $53 million in earnings in 2012.

Rauner isn’t just sending his millions down to the Caymans for a little tax-free R&R. He’s also been using […]

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