According to Wikipedia’s definition of the fiscal cliff Americans could suffer a little more short term pain for a lot more long term gain. Americans are used to suffering these last four years so what’s another few more? The fiscal cliff by their definition is a number of different laws which if left unchanged could [...]
Tag: "bush tax cuts"
Below are the Whitehouse.gov’s “11 Facts About the Tax Debate.” As usual, they are out of context, disproportioned, deceptive, and out right false briefing points. Here are just a few reasons why they are nothing more than election year red herrings. (A fitting expression for such socialist ideals.) WH.gov points are in italics. 1. [...]
The White House says their tax increase will only affect the wealthiest Americans; those who can easily afford to pay more. But a little investigative reporting by ABC News reporter Jon Karl shows that, though a small percentage, the tax hikes will affect nearly 900,000 businesses.
While it was definitely one of the elements, Ronald Reagan did more to help defeat the Soviet Union than conduct financial warfare via economic pressures. U.S. defense spending increased during his administration. Having faced the brunt of Adolf Hitler’s blitzkrieg, which was built post WWI in violation of the Treaty of Versailles, the Soviet Union’s [...]
If the White House and Congress don’t act this year, a huge, unprecedented tax increase described by Ben Bernanke as a “massive fiscal cliff” will slam American taxpayers. This looming tax hike will result mostly from letting long-standing tax policies expire at the end of 2012. Instead of waiting until after November’s election, obama should [...]
Stimulus after stimulus program has been put in place by the Obama administration. Cash for clunkers, the GM/Chrysler/Union bail-outs, the actual 2009 economic stimulus bill, and on and on and on. As the New American posted, it didn’t create much of anything in the private sector. Thomas Smith at Emory University, supported the stimulus package [...]
Those selfish rich people. They just take and take and take.. when will they have taken enough from America? If we give credence to progressive leaders like Senator Bernie Sanders, this is the sentiment of America. During a 8 1/2 hour rant.. er .. filibuster, Senator Sanders tore apart Conservatives and the successful in America. Here, Bernie is [...]
The tax hike vs. spending debate is getting much attention in the media, but the battle is nothing new. The progressive Democrats are suddenly concerned about the reduction in revenue that keeping tax rates at their current levels represents – yeah, I know .. maintaining the current tax rates doesn’t reduce anything. True Conservatives are [...]
We’ve heard of lame ducks, blue dogs, elephants and donkeys in the American version of Animal Farm – Congress. According to House Speaker-in-Wait John Boehner (R-OH), now the chickens have come to roost .. and poop. On Thursday, Boehner was remarking on a political maneuver by Current Speaker Nancy Pelosi to push through a vote [...]
“Spectacles, testicles, watch and wallet.” – Yeah, that’s it! That’s a pretty good interpretation of the opening verse of Michelle Obama’s prayer to the spirits as she is busy cleaning them up. I can’t argue with that verbiage – it expresses the very essence of redistributive change. They cover it all; up top, down below, [...]
First we have to deal with this absolute mis-information campaign from the White House Blog. Where they try to show that they really aren’t that evil for considering enacting the largest tax increase in American history: Obama’s Tax Hike of January 1st, 2011. One of the major points that they try to make with the [...]
The wealthy should pay a much larger share of taxes than the poor – the election year mantra for the extreme left. Unfortunately for them .. it’s all they have. Turning the most-successful members of our society into voodoo dolls is silly, but effective. Certainly those that make more should pay more, but it should [...]