We Are Change Members on Alex Jones Tv 6/6:WeAreChange Activists Confront Al Gore with Real Facts!

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We Are Change Members on Alex Jones Tv 6/6:WeAreChange Activists Confront Al Gore with Real Facts!

a reply to Sergei Baklykov of "Real Russia"How free are Russians to express political disagreement ?e.g.can one publically criticize Putin?

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a reply to Sergei Baklykov of "Real Russia"How free are Russians to express political disagreement ?e.g.can one publically criticize Putin?

The Real News: What makes Dennis run?

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The Real News: What makes Dennis run?

Special Report: Female Reporter Discovers Real Feminist Empowerment

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Special Report: Female Reporter Discovers Real Feminist Empowerment

The Iraq War"s Real Legacy

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The Iraq War"s Real Legacy

The Real Costs of Obamacare More than Double Benefits

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The Real Costs of Obamacare More than Double Benefits

The Obamacare of Real Estate

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The Obamacare of Real Estate

John F. Kennedy Assassination and Executive Order 11110 (The Real Reason He Was Killed)

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John F. Kennedy Assassination and Executive Order 11110 (The Real Reason He Was Killed)

The Real Expiration Date for Common Foods

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The Real Expiration Date for Common Foods

The Real Expiration Date for Common Foods

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The Real Expiration Date for Common Foods

MIT Creates Soft Robotic Fish, Moves Like the Real Thing

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MIT Creates Soft Robotic Fish, Moves Like the Real Thing

MIT Creates Soft Robotic Fish, Moves Like the Real Thing

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MIT Creates Soft Robotic Fish, Moves Like the Real Thing

The Real Story Behind the Detroit Pension Fight and What it Means to America"s Future

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The Real Story Behind the Detroit Pension Fight and What it Means to America"s Future

Real Estate, Private Equity Industries Fighting Camp"s Tax Plan

“Disappointing.” That’s how both the National Association of Realtors and the Private Equity Growth Capital Council have described Rep. Dave Camp‘s (R-Mich.) proposal to overhaul the tax code.

In his quest to simplify the code for families, Camp, chairman of the powerful Ways and Means Committee, would trim some longstanding perks benefiting the real estate and private equity and investment industries: the mortgage interest and carried interest deductions. A tribe of lobbyists is pressing conservatives to snuff Camp’s proposal, threatening to withhold precious campaign dollars.

The mortgage interest deduction allows homeowners to reduce their tax obligation by subtracting the interest they’ve paid on their mortgage. Tampering with it could hurt home sales, and thus the bottom line of real estate agents and the many others who depend on the housing market for their livelihoods.

Cuts to the carried interest deduction, which allows private equity managers to pay a lower tax rate than other workers on about one-third of their income, would only affect a tiny — but generally very wealthy — proportion of the population.

In both instances, those who would feel the pain have long experience using cash and K Street to make themselves heard.

Private equity contributions skyrocketed to $ 70.8 million in 2012, up 143 percent from the previous presidential cycle.

The industry gave to both parties, but favored Republicans at a two-to-one rate. PEGCC, the trade group of private equity firms, contributed $ 300,000, more evenly split between the parties.

The industry was exceptionally generous to outside spending groups in 2012. A number of the top donors to Restore Our Future, for instance — the super PAC backing Republican presidential nominee Mitt Romney, who had been an executive at Bain Capital — came from private equity.

For their part, real estate interests contributed $ 155.2 million in the 2012 cycle, with 65 percent of it going to Republicans. The Realtors’ trade group covered all its bases, funneling money through a PAC, super PAC, and 501(c)(6) political nonprofit.

The Realtors also fielded an army of lobbyists, the second-most of any organization in 2013. That didn’t come cheap: $ 38.6 million, or about as much as two major corporations, Northrop Grumman and Comcast, spent combined. For its part, PEGCC spent close to $ 2.4 million on lobbying last year.

The disappointment voiced by the two industries’ trade groups may be particularly apt given how generous they’ve been to Camp over the years. He has taken in about $ 3.3 million in contributions from various interests that think his bill undercuts them — including securities and investment ($ 760,616), real estate ($ 396,775), commercial banks ($ 406,975),  insurance ($ 1.2 million) and lobbyists ($ 586,795).

Right after Camp revealed his proposal, Heritage Foundation economist Stephen Moore — who likes the plan — said it was about to be subjected to the “snake pit of special interest lobbyists.” Given how much is at stake for Republicans this year, they’re unlikely to want to get bitten.

Follow Emily on Twitter @emilyakopp

Image: Rep. Dave Camp (R-Mich.) speaks about tax reform at the Utah Valley University, August 31, 2011 (Flickr/Michael Jolly)

OpenSecrets Blog

Real Estate, Private Equity Industries Fighting Camp"s Tax Plan

The Real Job Killers

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The Real Job Killers

From Nymphomaniac to Stranger By the Lake, is sex in cinema getting too real?

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From Nymphomaniac to Stranger By the Lake, is sex in cinema getting too real?

Expect No Real (Forward) Guidance From Your Leaders

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Expect No Real (Forward) Guidance From Your Leaders

Images worse than the real thing!

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Images worse than the real thing!

Real war on women: Rand Paul bashes Bill Clinton for ‘preying’ on Monica Lewinsky

Sen. Rand Paul (R-Ky.) took a hard hit at former President Bill Clinton on Sunday, bashing him for ‘preying’ on his then-intern Monica Lewinsky in the ’90s.

Paul spoke with David Gregory on Meet the Press this week, where the two discussed recent remarks about women by former Gov. Mike Huckabee (R-Ark.). Many on the Left criticized Huckabee, pointing to his remarks as proof that the GOP has a war on women. Paul, however, brushed aside that allegation.

“This whole sort of war on women thing — I’m scratching my head because if there was a war on women, I think they won,” Paul said, noting that the women in his family are very successful.

The Kentucky Senator said that, as a whole, women are doing well and outperforming men. He then blamed Democrats for creating the war on women rhetoric and dumbing down the debate about gender equality.

Additionally, Paul could point to at least one obvious instance of disrespect toward women coming from the other side of the aisle: Clinton.

Slightly later in the interview, Gregory asked Paul about the potential 2016 presidential contenders, including former Secretary of State Hillary Clinton. Gregory asked if she should be judged on the foibles of her husband while he was President, something Paul’s wife, Kelley, seemed to suggest during an interview with Vogue, calling Clinton’s actions “predatory.”

Paul stood by his wife’s remarks, blasting the former President.

“I mean — the Democrats, one of their big issues is they’ve concocted and said Republicans are committing a war on women,” Paul said. “One of the workplace laws and rules that I think are good is that bosses shouldn’t prey on young interns in their office.”

The Senator said the media had given Clinton a pass for his behavior. Paul also indirectly slammed Clinton supporters and the general public, with whom the former President is still well-liked, saying that people shouldn’t want to associate with Clinton because of his “predatory” behavior.

“Then they [Democrats] have the gall to stand up and say Republicans are having a war on women?” Paul questioned. “So yes, I think it’s a factor. It’s not Hillary’s fault, but it is a factor in judging Bill Clinton in history.”

Red Alert Politics

Real war on women: Rand Paul bashes Bill Clinton for ‘preying’ on Monica Lewinsky

Real war on women: Rand Paul bashes Bill Clinton for ‘preying’ on Monica Lewinsky

Sen. Rand Paul (R-Ky.) took a hard hit at former President Bill Clinton on Sunday, bashing him for ‘preying’ on his then-intern Monica Lewinsky in the ’90s.

Paul spoke with David Gregory on Meet the Press this week, where the two discussed recent remarks about women by former Gov. Mike Huckabee (R-Ark.). Many on the Left criticized Huckabee, pointing to his remarks as proof that the GOP has a war on women. Paul, however, brushed aside that allegation.

“This whole sort of war on women thing — I’m scratching my head because if there was a war on women, I think they won,” Paul said, noting that the women in his family are very successful.

The Kentucky Senator said that, as a whole, women are doing well and outperforming men. He then blamed Democrats for creating the war on women rhetoric and dumbing down the debate about gender equality.

Additionally, Paul could point to at least one obvious instance of disrespect toward women coming from the other side of the aisle: Clinton.

Slightly later in the interview, Gregory asked Paul about the potential 2016 presidential contenders, including former Secretary of State Hillary Clinton. Gregory asked if she should be judged on the foibles of her husband while he was President, something Paul’s wife, Kelley, seemed to suggest during an interview with Vogue, calling Clinton’s actions “predatory.”

Paul stood by his wife’s remarks, blasting the former President.

“I mean — the Democrats, one of their big issues is they’ve concocted and said Republicans are committing a war on women,” Paul said. “One of the workplace laws and rules that I think are good is that bosses shouldn’t prey on young interns in their office.”

The Senator said the media had given Clinton a pass for his behavior. Paul also indirectly slammed Clinton supporters and the general public, with whom the former President is still well-liked, saying that people shouldn’t want to associate with Clinton because of his “predatory” behavior.

“Then they [Democrats] have the gall to stand up and say Republicans are having a war on women?” Paul questioned. “So yes, I think it’s a factor. It’s not Hillary’s fault, but it is a factor in judging Bill Clinton in history.”

Red Alert Politics

Real war on women: Rand Paul bashes Bill Clinton for ‘preying’ on Monica Lewinsky