taxes

Proggies Act Surprised ….. We Told You So!

tiredoflibbs21 Comments

“On Obamacare……

As a result of obAMATEUR’s re-election and the highly improbability that ObamaCare being repealed, we’ve had several businesses come forward and state that this is going to affect the number of workers they have and hours they can work – two of them are  CEO of Papa Johns John Schnatter and Applebees franchisee owner Zane Tankel.  While these aren’t the only two, they are the latest business owners who have publicly stated the harmful impact that ObamaCare will have on their businesses, their workers’ jobs and benefits.

The proggies are “shocked”.  They took to Twitter to demonize these business owners (hey they learned from the professional agitator using Alinski, his mentor’s tactics) , and pushing for others to boycott their businesses.  Hey you proggies – Can’t say you weren’t warned!  Business owners have been out there telling you exactly what you had coming to you if obAMATEUR was re-elected and ObamaCare stayed the law of the land.  Of course, you chose not to listen to those warnings.  It doesn’t make it these business owner’s problems! We told you so!!!

On to raising taxes……..

obAMATEUR is consumed with obsession about raising taxes on the “rich”.  We hear it in the press about his “wanting to make a deal” with Republicans for the so-called “balanced approach”.  All we have heard so far is the raising taxes on the “wealthy” – some balanced approach!  The complicit media (aka the propaganda arm of the White House) has done nothing but interview Republican and talk about raising taxes.  They have yet to question the obAMATEUR about the other half of the “balanced approach” – spending cuts.  Recently, on Good Morning America, they stated concern how “spending cuts will affect the economy”!  Excuse me?  We have seen MASSIVE government spending stagnate an economy.  We have proof that tax cuts work – several instances in fact.  Even the CBO disagrees with the lopsided “balanced approach” on raising taxes – Raising taxes has nothing to do with our fiscal cliff and getting our finances in order..

“Just how much deficit reduction would Obama’s tax hikes on the rich necessarily accomplish?

Nothing, according to the Congressional Budget Office.

Letting tax rates rise to Clinton era levels for those families making over $250,000 a year would only raise $824 billion over ten years. That is not even enough revenue to undo the sequester that Obama promised “will not happen” during his final debate with Mitt Romney.”

If we gave you your way and CONFISCATED ALL THE WEALTH of the so-called targeted “wealthy”, you would have enough money to run the government for a few months.  That’s it!!!  We have a spending problem in this country.  This pResident who has ran up the debt than the first 42 presidents COMBINED!  Again, it is not our problem that you PREDICTABLY ignored FACTS and re-elected this buffoon.  We told you so!!!

More recent higher jobless claims ….

We now have 439,000 new jobless claims for the first full week after the disastrous reelection of the “one we have been waiting for” – the obAMATEUR and I do mean AMATEUR!  Pennsylvania and Ohio led the pack.  Two unionized states.  Two crucial states won by obAMATEUR.  The obAMATEUR sycophants are trying to put the best possible spin on these numbers — saying that they’re due to layoffs from Hurricane Sandy.  What utter CRAP!.  Layoffs in Ohio?  Pennsylvania?  Heavy union states?  We had New Jersey turn away NON UNION ELECTRICAL WORKERS, as an example of their dedication to union labor even in a disaster such as this!!!!

These layoffs are the direct result of re-electing this anti-business failure (a failure at everything he has put his hands on) of a pResident.  Businesses have been struggling that last four years.  There has been no recovery.  There have been BILLIONS of dollars spent by these businesses to comply with new regulations coming from this White House and the EPA.  The EPA will soon unleash the flood of new so-called “clean air” rules that will send energy costs through the roof.  Taxes on small business owners are going to rise.  Capital gains taxes on investors – going up.  There is absolutely NOTHING on the horizon with four more years of obAMATEUR that gives one iota of hope for a better business and economic climate ahead.  So … it’s time to go lean … and that’s just what these businesses are doing.  They’re shedding employees to get under the ObamaCare threshold. They’re looking for ways to get more efficient so that they can rid themselves of unnecessary workers.  As a result we see jobless claims are on the rise .. the highest number since the middle of 2011.

The obAMATEUR, his sycophants, drones and lemmings want to blame it on the storm.  Well .. .they’re half-right.  It’s a storm all right, but not Hurricane Sandy.  It’s the storm of taxes and regulations that are coming with the reelection of an anti-business, tax and spend president.

Elections have consequences.  Here’s your pink slip.  Enjoy.  And if you’re an obAMATEUR voter, I’m enjoying it right along with you.  You did it to yourselves.  We told you so!!!

 

Citizens Pay Taxes

Mark Noonan77 Comments

And if you don’t pay taxes then you are honestly not fully a citizen.  This Fox News poll indicates that a massive majority of people instinctively grasp this fact:

A large majority of likely voters believes all Americans should pay some federal income tax — even if it is as little as one percent of what they make.

Seventy-nine percent say everyone should pay something, according to a Fox News poll released Thursday.  That includes 85 percent of Republicans, 83 percent of independents and 71 percent of Democrats.

According to the IRS, last year approximately 41 percent of tax filers did not pay federal income tax.  The Tax Policy Center estimates that will increase to 46 percent this year…

It is just being part of a self-governing nation – every adult who is physically capable of contributing should contribute, even if its only in a tiny, symbolic manner.  The fact that tens of millions of people pay no federal income tax is a scandal – unless you starved to death last year, you had some sort of income and you should have paid some part of it in to the common fund.  Citizenship is only secondarily about the exercise of rights – it is primarily about the exercise of responsibilities.  And this, indeed, is what scares people about it – especially liberals:  that every man shall be a king (and every woman a queen).  It is frightening to think that you are personally responsible for yourself and even more frightening to think if yourself as responsible for everyone else.  And so it has always been easy for frightened people to prefer a tyrant who will take responsibility for the group and the individual.

I’m heartened by this poll – I had thought that only about 60% of Americans still got what it means to be a citizen.  This poll indicates that nearly 80% still do.

UPDATE:  Off topic here but since you liberals are considering polls to be holy writ:

Rasmussen polled voters to find out which candidate is trusted more to handle the US economy. Mitt Romney leads Obama by seven points, 51-44.

Bloomberg polled the question of which candidate do Americans trust more on terrorism. The Obama administration is rapidly becoming engulfed in charges that it has attempted a cover-up after the terrorist attacks in Libya and Egypt left four Americans dead. President Obama had expected, prior to the attacks, that authorizing the mission that ultimately killed Osama bin Laden would allow him a cushion on foreign policy and especially on terrorism. Bloomberg found that there is no such cushion. In fact, Mitt Romney leads Obama on trust on terrorism by six points, 48-42.

What’s In A Name?

Leo Pusateri43 Comments
Make no mistake. They are no longer the “Bush tax cuts.” They were tax cuts when they were enacted in 2001 and 2003. They have been the going tax rate for the past 9 years. They are the Bush tax rates. Any move to increase the current tax rates amounts to a TAX INCREASE. The Bill passed in the Senate today was NOT A TAX CUT BILL. It would simply maintain CURRENT TAX RATES for those making 250K or less. 

And for some reason known but to God, Harry Reid thinks that if you make $250,000 (many small businesses fall into this category) that you’re magically a millionaire! (Liberals were never very good at math, were they?). 

Not only that, they think that taking resources from those who have the ability to create jobs during this economy will somehow help the economy. 

Moronic thinking such as this deserves no quarter. These clowns MUST GO.

articles.chicagotribune.com

WASHINGTON (Reuters) – President Barack Obama’s fellow Democrats in the Senate on Wednesday won passage of a bill to renew tax cuts for tens of millions of Americans, while 

Shocking News: Secretaries Don’t Pay More than Buffett

Mark Noonan10 Comments

Yet another liberal lie disposed of  – from the AP:

…There may be individual millionaires who pay taxes at rates lower than middle-income workers. In 2009, 1,470 households filed tax returns with incomes above $1 million yet paid no federal income tax, according to the Internal Revenue Service. But that’s less than 1 percent of the nearly 237,000 returns with incomes above $1 million.

This year, households making more than $1 million will pay an average of 29.1 percent of their income in federal taxes, including income taxes, payroll taxes and other taxes, according to the Tax Policy Center, a Washington think tank.

Households making between $50,000 and $75,000 will pay an average of 15 percent of their income in federal taxes.

Lower-income households will pay less. For example, households making between $40,000 and $50,000 will pay an average of 12.5 percent of their income in federal taxes. Households making between $20,000 and $30,000 will pay 5.7 percent…

Doubling up on the dishonesty is the fact that Buffett routinely takes advantage of every tax break he can – and, indeed, has on-going disputes with the IRS as it claims Buffett owes more than he paid.  The bottom line is that the “millionaires pay more than secretaries” is a lie while the actions of people like Buffett prove that the call for a tax hike isn’t to make the rich “pay their fair share” but to allow Obama to more heavily tax the upper middle class (remember, in Obamunism, “millionaires and billionaires” start at $200,000.00 per year for individual income earners).

All part of the scam, at any rate.  Buffett makes his money off of the current, corrupt way of doing business.  If it weren’t for our Byzantine tax and regulatory codes and the ability of billionaires like Buffett to grease the palms of politicians, Buffett never would have made his money – certainly no where near the billions he currently has.  Buffett is a liberal financial shark who grows fat not out of creating wealth, but by siphoning it off from the productive by means of financial shennanigans.  But this does give Buffett a vested interest in the status quo…if the liberal State is swept away, so will Buffett’s ability to maintain and grow his horde.  And not just for Buffett, but for a host of such economic parasites.

So, come up with bogus stories claiming that secretaries pay more than billionaires, help Obama increase taxes on “the rich” which really works out to tax hikes on middle class people while the Buffetts of the world are unscathed…and finally hope that all the class warfare rhetoric and actions helps Obama get re-elected so the gravy train can keep rolling along.  That is all this was ever about…and it is all it ever will be about until we turn these cretins out.

 

Warren Buffett Wants His Taxes Raised

Mark Noonan114 Comments

From the New York Times:

…Last year my federal tax bill — the income tax I paid, as well as payroll taxes paid by me and on my behalf — was $6,938,744. That sounds like a lot of money. But what I paid was only 17.4 percent of my taxable income — and that’s actually a lower percentage than was paid by any of the other 20 people in our office. Their tax burdens ranged from 33 percent to 41 percent and averaged 36 percent.

If you make money with money, as some of my super-rich friends do, your percentage may be a bit lower than mine. But if you earn money from a job, your percentage will surely exceed mine — most likely by a lot…

First off, Warren, if you really want to kick in a bit extra, then why did you have your team of lawyers and accountants (I’m sure you’ve got them) work the system so that you only paid an effective tax rate of 17.4%?  It is no problem for you to pay more – just take fewer deductions.  Or, if you want, just cut a billion dollar check to Uncle Sam.

Of course you won’t do that – not for you to just step up to the plate.  That wouldn’t advance your true cause here…keeping Big Government going through a round of tax hikes which might, indeed, take a little more from your annual income, but which will mostly hit people of far less wealth than you.  Because, dear Warren, you know better than most the truth…for all the billions you have, your wealth is chump change compared to the hundreds of billions held in smaller amounts by the people who make 200k or more per year.

Liberal financial sharks, like Buffett, thrive in a system of fiat money, government-subsidized debt and Big Government graft.  If that system comes to an end – via bankruptcy – then the Buffett’s of the world might have to get a real job.  You know, produce actual wealth  in order to make money.  The thought is too horrifying to contemplate.  So, rather than see their milch cow go down, they write Op-Eds in the New York Times which will then be cited by liberals as justification for higher taxes:  “see, even someone as rich as Warren Buffett wants a tax hike!”.   Sorry, Warren – too bad, liberals:  we’re on to the scam.

I propose a way to test this willingness of Buffett and other bazillionaire liberals to pay taxes.  Rather than hiking income taxes, why don’t we tax wealth?  I propose a 5% tax on all wealth in excess of $5 million.  Total it up for us, Warren – how rich are you?  Forbes says you’re worth $45 billion.  This means we want $2.25 billion from you next year.  And the year after.  You’d better hope your investments hold up, huh?  I know you were hoping for a “soak the middle class” tax hike which also might have cost you a measly million or two more per year (easily made up, of course, by some bit of sharp financial practice elsewhere), but I want to really tax the rich…I want a couple billion dollars from you.  Every year.  You do that, and I’ll agree to a general income tax hike.

Cross Posted:  Noonan for Nevada