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This is an article that must be read. It simply says it all and shows how truthful our president is to the American public. This bill truly is about redistribution of the wealth. Frank …
…w that they are fed up. And, they are not paying nearly as much of their income as the rich. If you add another 5% to the marginal tax rate as proposed in HR 3200, most of The Rich will be paying almost 50% of their income in taxes before state income taxes are even considered. In California and New York, that is more than 10%. (This analysis includes sales taxes, property taxes, luxury taxes, etc., as well as income taxes and other income withho…
…sevelt, it was hardly a Conservative use of American might to carry water for Saudi royals, who should have been fully capable of defending their borders from Saddam Hussein. Bush’s final act of Conservative apostasy, raising taxes after promising not to, led to his defeat in a three-way race. Conservatives continued to wander in the wilderness, with neither the young and handsome misspeller of vegetables, Dan Quayle, nor former AFL quarterback J…
…s things did not move fast enough for the Administration. Now, let us look at the health care bill. The rich are in for it again per the Democrats. The Democrats are proposing that the top income earners will see their income taxes increase in order to pay the approximate one trillion dollars that this bill will cost our future generations. The top tax rate would go up by 5.4%. This would be on couples earning more than one million dollars. The s…
…reat Depression despite the politicking of Mr. Obama and his party. Let’s look at some of Reagan’s key policies and why they should still be the backbone of the Republican Party: 1. federalism; 2. smaller government; 3. lower taxes; and, 4. strong foreign policy without isolationism. Not one of the candidates for public office this year spoke of federalism. Neither side of the debate centered on giving power back to the states and limiting the si…
…x-subsidized community college education. The solution to unemployment in the construction industry is to stop building houses in the private sector and redeploy workers to build public sector projects. We all must pay higher taxes if we want to succeed as a nation. Tax cuts simply slow job growth. Greedy banks and investment houses are unilaterally responsible for America’s mortgage meltdown, not government programs promoted by liberal de…
…o make a supply side argument that economic growth will increase as result of reducing marginal tax rates, thus helping to reduce the deficit. The second argument is that tax reform will broaden the tax base, thus collecting taxes or more taxes than presently being collected. Cain sales tax portion of 9-9-9 have the potential of raising more revenues from the underground economy and Perry tax plans actually raise more revenues from the wealthy …
The Laffer Curve which shows that as taxes increase government revenue goes down. The recent debate about the super committee shows what the real debate is about; namely tax rates matter. The GOP proposed compromise has caused much apprehension among many Republicans and conservative since it may represent an overall tax increase, but what is missing is that the GOP plan is the beginning of serious tax reform by lowering the overall tax rates. …
…lson was right? President Obama says he wants the bill to be revenue neutral and will sign it in no other form. Yet, neither the President nor Congress has any plan on how to pay for it and keep it that way. Other than higher taxes that is. Oh, I’m sorry; the President and Congress are not calling them taxes. Remember, Obama promised that no one making less than $250,000 per year would have higher taxes. So, how is this bill being paid for: penal…
…and immunities conferred by the International Organizations Immunities Act; except those provided by Section 2(c), the portions of Section 2(d) and Section 3 relating to customs duties and federal internal-revenue importation taxes, Section 4, Section 5, and Section 6 of that Act. This designation is not intended to abridge in any respect the privileges, exemptions or immunities which such organization may have acquired or may acquire by internat…
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