Taxation

Evil Democrat Paradigms

Lloyd Marcus

Lloyd Marcus

9/12/2010 – Lloyd Marcus –

Here are two paradigms which evil, divisive Democrats have shamefully promoted and exploited for years: one, white men are burning the midnight oil thinking of ways to keep blacks down; and two, all rich white people are selfish, evil, and deserving of punishment.

No Democrat president has sold the “you have too little because the rich have too much” message better than Barack Obama, which led to angry protesters picketing the homes of corporate executives.

Democrats are masters at creating a hated “bad guy” to further their agenda.

As a black man, I wish to share a few of my life experiences which crush the paradigm that all whites are committed to keeping blacks down. more »

The Ride Down

8/21/2010 – Jeffrey Folks –
Revised numbers from the Labor Department show negative job growth during June 2010. For each job opening, there were five persons looking for work, and 300,000 fewer workers were hired in June than in May. The ride down continues.

Meanwhile, Treasury Secretary Geithner, erstwhile cheerleader for the Obama economic team, announces that unemployment rates could rise “for a couple of months.” “Of course we want to do what we can,” says Geithner, but what we’re doing is just not working. more »

Economy Needs Heart Transplant, Obama Offering Band-Aid

Economy Needs Heart Transplant Not Band-Aid 8/19/2010 – Chris Banescu –

America’s economic situation needs an emergency heart transplant, but Obama and the Democrats keep offering band-aids instead. We need a major change in government economic, tax, and fiscal policies not more government bailouts. Yet the president is doing nothing to reverse the enormous uncertainty fostered by his own administration’s aggressive anti-business and pro high-tax initiatives and rhetoric.

In the latest indication that our president has no clue why businesses are struggling and unwilling to hire, Obama is trying to force through another $30 billion government bailout program to “help banks boost lending to small businesses.” Unfortunately, it’s not the lack of available funds that are stopping businesses from expanding and generating new jobs. It’s the massive economic uncertainty and instability created by misguided government mandates (especially the oppressive regulations of ObamaCare), coupled with the massive tax increases coming in January 2011, that have spooked companies and forced them into defensive economic positions. more »

The New York Times, Cheerleader for Higher Taxes

The New York Times Cheerleader for Higher Taxes8/12/2010 – Chris Banescu –

In what can only be described as a partisan, pro-Obama puff piece, The New York Times has now proclaimed on its Economix Blog that tax increases are the best way to “stimulate” our economy and help America reach “fiscal sustainability”:

The single biggest step our government could take this year to address the structural deficit would be to let the tax cuts expire. And a credible commitment to long-term fiscal sustainability should reduce interest rates today, helping to stimulate the economy.

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Obama Buying More Union Votes With Your Tax Dollars

Obama Unions Corruption8/11/2010 – Chris Banescu –

President Obama has pledged more of your money to protect the unions and secure their vote. The administration demanded and got $26 billion taxpayer dollars to spare 300,000 teachers and other public workers from the unemployment lines.

The hundreds of billions of taxpayer money already spent by Obama and the Democrats since 2009 to pay off their union supporters was apparently not enough. Despite giving $100 billion in new funding to the Department of Education (DOE), courtesy of The American Recovery and Reinvestment Act (ARRA) of 2009, in addition to the $25 billion bailout that saved the GM and Chrysler auto union workers, more is needed to thank them for their continuing support and unquestioning loyalty. more »

Obama and the Age of Reaganomics

8/1/2010 – Jon N. Hall –
Certain ideas get so firmly fixed in some folks’ brains that no amount of evidence can dislodge them. Such ideas become articles of faith. And one article of faith that is particularly deeply stuck in the minds of “the faithful” is that Reaganomics doesn’t work.

The big idea behind Reaganomics is that cutting tax rates boosts the economy, which results in more tax revenue. The history of the last three decades bears this out. more »

No One’s Capital Is Safe in Obama’s America

Obama Communist America7/1/2010 – Claude Sandroff –

Obama’s poorly coded message to investors is to take your money out of America and keep it out. Whether through excessive taxation, suffocating over-regulation, or thuggish confiscation, the lesson to be drawn by anyone with excess capital is to look for friendlier places to put it to work.

The list of friendlier places excludes North Korea, Venezuela, and Iran for the time being, but almost everywhere else qualifies. Russia’s president spent several days in Silicon Valley recently looking for adventurous investors and came away with a $1B commitment from Cisco Systems. For Cisco, sitting on a cash hoard of $30B, with years of experience partnering with the burgeoning Russian venture capital industry, the decision was probably not a very tortured one. And what a perfect opportunity for Cisco’s CEO John Chambers to keep his cash as far from Obama’s collection agencies as possible. more »

The Democrats’ Job Killing Policies Kill Jobs

6/9/2010 – Newt Gingrich –

The latest jobs report is solid evidence that Obama’s big government, high tax, Washington-centered, bureaucratic, politician-dominated system is going to kill jobs and extend the current economic problems far longer than what is normal for a recession.

None of this should come as a surprise. Job-killing policies kill jobs. It is that simple and direct.

In my new book To Save America: Stopping Obama’s Secular-Socialist Machine and in a keynote speech to the Detroit Chamber of Commerce last week, I outline the concept that 2+2=4 is the most important political and governmental slogan of the next 25 years. more »

America’s Great Divide: Tax Payers vs. Non-Payers

Human Events | by Martha Zoller | 4/23/2010

“So I’ve been a little amused over the last couple of days where people have been having these rallies about taxes. You would think they would be saying thank you.”—President Barack Obama, April 15, 2010

Mr. President, with all due respect, you don’t get it. The Tax Day Tea Parties weren’t about taxes alone, they were also about spending.

And the tax cuts the President often talks about are, by and large, one-time checks that will do nothing to protect the taxpayer from future tax hikes. And he is concealing many tax increases in his budget right now. more »

IRS to Enforce Health Reform

CNSnews | by Matt Cover | 3/22/2010

The Internal Revenue Service will function as the government’s chief enforcer for health care reform, should President Obama sign the bill into law as expected, monitoring both businesses and individuals to certify whether they have the insurance coverage the government requires. more »

Congress Health Care Vote: A Dark Day for Freedom in America

Telegraph UK | by Nile Gardiner | 3/22/2010

The passage last night of Barack Obama’s health care reform bill through the House of Representatives is yet another blow to freedom in America inflicted by the Obama administration. The legislation, which comes at a staggering cost of $940 billion, will hugely add to the already towering national debt, now at over $12 trillion. It is yet another millstone round the necks of the American people, already faced with the highest levels of unemployment in a generation. more »

Tax Fairness Reaches A Tipping Point

Investors.com | 3/16/2010

Fiscal Policy: The latest data show a record number of people with no tax obligation. We also have the highest-earning nontaxpayers ever. With more riding the wagon and fewer pulling, it should soon break down.

A record number of the 142 million tax returns filed in 2008 resulted in no taxes owed, according to the Tax Foundation’s analysis of the latest IRS data. About 51.6 million returns, or 36.3%, were filed by those whose deductions, exemptions and tax credits wiped out any federal income-tax obligation. more »