Majority Report Discusses Issues Facing Bernie Sanders


Sam Seder

In the above video, Majority Report discusses issues facing Bernie Sanders, such as Black Lives Matter and a possible “referendum presidency” attempt by Lawrence Lessig.

According to Wikipedia:

“Lawrence ‘Larry’ Lessig (born June 3, 1961) is an American academic and political activist. He is a proponent of reduced legal restrictions on copyright, trademark, and radio frequency spectrum, particularly in technology applications, and he has called for state-based activism to promote substantive reform of government with a Second Constitutional Convention. In May 2014, he launched a crowd-funded political action committee which he termed Mayday PAC with the purpose of electing candidates to Congress who would pass campaign finance reform.”

What Are The Differences Between O’Malley And Sanders On Gun Control?


Sam Seder

Not long ago, presidential contender Martin O’Malley ran an ad attacking Bernie Sanders on his gun record. Sanders gives a smart response, but his gun control record will still be problematic for the Senator from Vermont.

O’Malley has some gun control bona fides due to the passage of the Maryland Firearms Safety Act of 2013.

Cliff Schecter joins Majority Report to discuss it.

https://reasonablyliberal.wordpress.com/2014/06/26/maryland-firearms-safety-act-of-2013/

Rand Paul Releases Video Of Himself Taking A Chainsaw To Tax Code


Sam Seder

Senator Rand Paul takes a chainsaw to the tax code in a recent video…

Business Insider writes that Paul (R-Kentucky) released a new video on July 21st where he appears to be literally destroying the US tax code.

Business Insider:

“Paul has made tax reform central to his presidential campaign. To draw attention to his plan, Paul is asking his supporters to vote how they want to see him shred the current tax system.

“The options for his supporters are: chainsaw, fire, and wood chipper.

“‘Hey I’m Rand Paul and I’m trying to kill the tax code — all 70,000 pages of it,’ Paul declares in his video.

“Then, an electric guitar version of the American anthem plays as Paul proceeds to torch, chop up, and rip through the tax code.”

Sam Seder and Majority Report discussed it on their podcast.

http://www.businessinsider.com/rand-paul-chainsaw-tax-code-2015-7#ixzz3hc8Qc0PV

http://www.politico.com/story/2015/07/rand-paul-tax-code-chainsaw-120416.html

Trump’s War On Univision


Sam Seder

Sam Seder / Majority Report discusses the presidential campaign of business mogul Donald Trump and his “war” with NBC and Univision.

In other news, Latino rapper Pitbull recently took aim at Trump for his ill-advised remarks on Mexican immigrants in America by declaring the would-be politician had blown his chance of becoming president of the U.S., writes kerngoldenempire.com.

Last month, at his announcement that he would run for President, Trump suggested many Mexicans in the U.S. are “rapists” and “criminals.”

As a result of his controversial remarks, bosses at networks NBC, Univision and Televisa decided to dump coverage of his Miss USA pageant, which aired to low ratings over the weekend.

On Thursday, Spanish-language network Univision held its annual Premios Juventud Awards, and Cuban-American star Pitbull received the first prize of the night for Favorite Urban Artist, writes kerngoldenempire.com.

During his acceptance speech, Pitbull took a moment to call out Trump for his remarks, prefacing his own comments by admitting that he’s stayed at Trump’s hotels and used his helicopters.

He said, “I am not political. I am a musician. But more than anything, I am Latino.”

The Miss USA pageant ended up airing on July 12th on ReelzChannel, which is available on satellite providers DirecTV, Dish Network, and AT&T U-verse channel 799, according to NOLA.com.

(Updated report)

http://www.kerngoldenempire.com/story/d/story/pitbull-slams-donald-trump-at-univision-awards/12195/OmxZUOlxEUSFjmmwXl6GAg

http://www.elpasotimes.com/latestnews/ci_28497658/univision-pitbull-directs-controversial-message-donald-trump-at

http://www.nola.com/entertainment/baton-rouge/index.ssf/2015/07/miss_usa_what_channel_tv.html

#ImNotRacist: The Stunning Racist Facebook Post By Teacher Ranting About McKinney Pool Party Incident


Sam Seder

“A racist teacher in Texas wants to return to segregation but claims through a hashtag that she is not racist in viral Facebook rant on McKinney,” writes Majority Report.

A fourth grade teacher at Bennett Elementary School in Wolfforth, Texas, has been ‘relieved of her duties’ by the Frenship Independent School District after posting her opinions about the McKinney pool party incident online, according to kcbd.com.

Karen Fitzgibbons shared an article to her profile stating she was “ANGRY” that police corporal Eric Casebolt resigned.

In the post, she made several references to “the blacks” as being the cause for problems and “racial tension,” writes kcbd.com.

“This makes me ANGRY!” wrote Fitzgibbons in her racist rant Wednesday about Cpl. Eric Casebolt of McKinney, Texas, according to the New York Daily News.

“This officer should not have to resign. I’m going to just go ahead and say it…the blacks are the ones causing the problems and this ‘racial tension.’ I guess that’s what happens when you flunk out of school and have no education,” she wrote, as reported by KCBD.

Fitzgibbons went on: “I’m almost to the point of wanting them all segregated on one side of town so they can hurt each other and leave the innocent people alone. Maybe the 50s and 60s were really on to something,” writes the New York Daily News.

http://nydn.us/1MNvMaF

http://www.nydailynews.com/news/national/texas-teacher-loses-job-rant-mckinney-pool-party-article-1.2255637

Seder And Caller Discuss Tax Policy / Reaganomics

Sam Seder / Majority Report

Many conservatives believe that if you lower taxes on the wealthy, tax revenue will go up – a core belief of “Reaganomics.”   Majority Report’s Sam Seder discusses “Reaganomics” with a caller.

Who is Arthur Laffer?

Wikipedia:  “Arthur Betz Laffer (/ˈlæfər/;[1] born August 14, 1940) is an American economist who first gained prominence during the Reagan administration as a member of Reagan’s Economic Policy Advisory Board (1981–89). Laffer is best known for the Laffer curve, an illustration of the theory that there exists some tax rate between 0% and 100% that will result in maximum tax revenue for governments.”

What is the “marginal tax rate?”

The marginal tax rate is the tax rate above a certain dollar amount earned.  For example if there is a marginal tax rate of 90% at 4 million dollars per year, that means that every dollar starting at 4 million dollars would be taxed at 90%.   So, if you made 5 million dollars, only 1 million would be taxed at 90%.  Everything below 4 million is taxed at a different amount.

Wikipedia:  “Thus, the marginal tax rate is the tax percentage on the last dollar earned. In the United States in 2013, for example, the highest marginal tax rate was 39.6%, applying to earnings over $400,000. Earnings under $400,000 that year had a lower tax rate of 33% or less.”

You can calculate “marginal tax rates” at Money Chimp here.

(Updated article)