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Taxes

It’s called the “Marketplace Fairness Act” and it’s Anything but Fair

Well Congress is at it again.  They’re trying to ram through a bill called the “Marketplace Fairness Act” and it’s anything but fair.  It’s a bill that would fundamentally change interstate commerce by imposing tax burdens on Internet-based businesses while not applying the same burdens to brick-and-mortar companies.  It’s extremely discriminatory by its very nature.  Representative Mike Enzi (R, Wyo) tried to introduce this flawed bill back in February, but it met stiff opposition in committee so Enzi was forced to shelve it.  Two months later it has been restructured so that it qualifies for a Senate rule that allows [...]

Taxing the Rich out of California

Likes has a slideshow about why rich folks are moving out of California.  I wonder how long it will be before someone suggest building a wall to keep them in? Related posts: California on the Brink: 144,000 Pay 50% of Income Taxes California Raises Taxes, Lose Revenues…Again! The Evil Rich are Still Moving: Tax Induced Exodus from Maryland Continues Twelve Counties to Secede from California? California Raises Taxes and Revenues Decrease: Who Saw That Coming? Related posts brought to you by Yet Another Related Posts Plugin.

Allen West Discusses 100 Years of the Income Tax

Here is a great video, featuring Allen West.  The topic is the income tax.  Give it a look. http://www.nextgeneration.tv/s/GEZDIMRQ Unfortunately, the video does not embed. Related posts: CPAC 2013 Videos: Allen West 7 Registered Voters and 900 Votes Cast? Voter Fraud and Why the Allen West Recount Matters Allen West Teaches History: Leftists Ignore it California on the Brink: 144,000 Pay 50% of Income Taxes Califailure Alert: It Seems That There are Less High Income People to Tax Related posts brought to you by Yet Another Related Posts Plugin.

Cyprus Bank Robbery, Government Taxes all Bank Accounts: Media Silent

It seems that socialists all  over the world are watching Cyprus, because it is a test case.  Essentially, the government there decided to rob their citizens, literally over-night.  It’s what I call the great Cyprus Bank Robbery.  New Zeal has more… Very few things give me nightmares… Yesterday’s event in Cyprus was one of them and the media is conspicuously silent. What do you get when you combine worldwide Marxist elitists, bankers and the media? A worldwide depression and a new dark age. The IMF (in case you are wondering who they are) is using Greece as a proving ground [...]

Let’s Cut Our Way to Prosperity- Again

Obama said in his weekly address to the nation that “We all agree that it’s critical to cut unnecessary spending,” Obama said. “But we can’t just cut our way to prosperity. It hasn’t worked in the past, and it won’t work today.” President Obama is wrong, and this incorrect logic and ignorance of history is leading him to make wrong policy decisions today. We can cut our way to prosperity and it has worked in the past- in fact, it has worked a lot better than efforts in the past to spend our way to prosperity as Obama is suggesting [...]

France’s Wealthiest Man Leaves Due to High Taxes: French Liberals Outraged

Categorize this under:  There was a reason that the East Germans built a wall… It’s been said again and again-high taxes cause people to leave.  And, no matter how many times it happens, liberals engage in the requisite outrage and condemnation for the problems that their own policies cause.  For the latest example, we have to pay a visit to The Lid. Back in September when Bernard Jean Étienne Arnault the richest man in France applied for Belgian citizenship. Left-wing French newspaper Libération ran a picture of the head of LVMH with the headline, Casse-toi riche con!  which (according to [...]

Happy New Year, Here are Your New Taxes!

Curtis Dubay at Heritage has an article on all of our new taxes, courtesy of the Obama administration.  New Year’s Day was tough for taxpayers. Thirteen tax increases kicked in. The deal that Congress and President Obama struck that finally—but only partially—avoided the fiscal cliff resulted in seven tax increases. Those hikes combined with six tax increases from Obamacare that also began on New Year’s Day. 13 Tax Increases That Started January 1, 2013 Tax increases the fiscal cliff deal allowed: 1. Payroll tax: increase in the Social Security portion of the payroll tax from 4.2 percent to 6.2 percent [...]

Americans Wake with Lower Pay Checks: Obama to Blame

Elections have consequences kids, and one of them is apparently a lower pay check.  For all of Obama’s promises to never raise taxes on the middle class, something went wrong.  What went wrong, you ask?  Well, people believed Obama, that’s what went wrong! Wyblog has more… Apparently a lot of people were complaining about their paychecks being unexpectedly smaller. Here’s the explanation from ADP: The reduced 4.2% rate for employee Social Security taxes that was in effect for 2011 and 2012 has expired. The employee Social Security tax rate will return to 6.2% for 2013 wages up to the taxable [...]

Another French Revolution? Gerard Depardieu Goes Galt

What if there were another French Revolution.  And this time, it was led by creators refusing to be robbed by the nanny state?  Well, one is beginning.  Earlier this year, the French foolishly elected socialists, and their PM decided that a really great way to raise revenue for do-goodery was to tax the evil rich at very high levels.  And, creators, like famous actor Gerard Depardieu have decided to vote with their feet, and leave France.  The Socialist PM fired off that the refusal to be robbed was “pathetic.”  Depardieu shot back and, in an open letter to Monsieur Ayrault, wrote, [...]

California Raises Taxes, Lose Revenues…Again!

They say that they definition of insanity is doing the same thing over and over, and expecting a different result.  If that is indeed the case, California’s tax policies make them the official land of fruits and nuts, as they are proving the insanity axiom to be most true. On March 15th of this year, we took a look at the fact that after yet another failed tax increase… One of the greatest weaknesses of the statists is that their efforts at creating a fantasy world. more often than not, create the exact opposite of their stated intent.  They try [...]

The Fiscal Cliff, and Why We’ve Already Lost, and will Continue to Lose

OK, we’re facing the infamous ”fiscal cliff.”  What doe that mean?  It means that a crisis has been manufactured in order for Obama to triumph, and the Republicans to be scapegoated.  Here’s how it will happen. 1.  If both Houses and the POTUS fail to reach an agreement (read, if he Republicans fail to capitulate) there will be a rather unpleasant set of tax increases and budget cuts. 2.It doesn’t matter how many proposals the Republicans make.  It won’t matter how many times the Democrats change the rules or break their word-it will ALWAYS be the Republican’s fault. 3.  Reality doesn’t matter, and the MSM will [...]

British Raise Top Tax Rates, Two Thirds of Millionaires Left

Evidence shows again and again that if you want there to be less of something. , you tax it.  Well, either there is less of it, or it goes underground, which means you don’t get to tax it at all.  The British are learning this lesson now, as after passing a unsubstantial increase in their highest tax rate, they suddenly found that they had far fewer millionaires to tax.  The Telegraph has more… In the 2009-10 tax year, more than 16,000 people declared an annual income of more than £1 million to HM Revenue and Customs. This number fell to just 6,000 after Gordon Brown introduced the [...]

California on the Brink: 144,000 Pay 50% of Income Taxes

Imagine the situation in which California finds itself.  Out of all the income taxes collected by that state, 50% of it is paid by by only 144,000 people.  Far less than one percent of the population.  Doug Ross has more on the issue… California residents already contend with one of the most progressive tax codes in the country. Not only does California have high marginal rates, those high rates kick in at relatively modest income levels. California’s middle class residents earning $48,000 a year, for example, pay a state tax rate of 9.3%. Millionaires in 47 other states don’t even pay that [...]

Happy Halloween, Obama Style

Steven Crowder applies Obama’s class warfare…to Halloween! It appears that our leftist friends have much more work to do in their brainwashing efforts.  These kids sounded more and more like Tea Party members than the good, brain-dead Marxists that the public school are designed to create. H/T: The Blaze   Related posts: The Theory Of Evolution, Obama-Style Equalizing Outcomes “Obama Style” Think Sustainable Living ala Agenda 21 Sunday Links: Halloween Edition Group Threatens to Sue McDonalds Over Happy Meals Public School Indoctrination: Video Shows Obama in “Glorious” Light Related posts brought to you by Yet Another Related Posts Plugin.

How Much Does Government Take From You? 50%, 60%, 70%???

I wonder if the average American has any idea how their federal, state, and local governments cost them? It was a shock to me to sit down and estimate the total cost. I’m  going to demonstrate that the average American is paying over 60% and possibly over 70% for their governments. First a little lead in to today’s story. My post on Tuesday had to do with the possibility of  a  sales tax on internet purchases. People are upset about and asked for help in understanding why. It seemed to me to be an extension of the sales taxes we already pay. You, dear readers, [...]

Why The Angst Over Internet Sales Tax?

The subject of sales tax on internet sales is something to which I haven’t paid much attention. From time to time some of the conservative blogs I follow have written on the subject and invariably they are dead set against the idea. Frankly, I have been left scratching my head as to why. So, I am hoping that you, dear readers, can help educate me on this. I have some questions. Why is “state” sales tax an issue for the federal government? From Fox Business_ For the record, you’re supposed to pay sales tax for online  purchases  (assuming you live in one of the 45 states with [...]

Obama’s ‘You Didn’t Build That Speech’ Reveals Bad Logic and Lies?

After going over the transcript from President Barack Obama’s campaign event in Roanoke, Virginia on July 13, 2012- the know famous ‘you didn’t build that’ speech- there are a couple further points I would like to make. Picking up midway through his speech… President Obama says- “We’ve already made a trillion dollars’ worth of cuts. We can make another trillion or trillion-two, and what we then do is ask for the wealthy to pay a little bit more.” It is common knowledge that under President Obama the amount of money that the federal government spends each year (outlays) has gone up by quite a [...]

High Cigarette Taxes Backfire Once Again: Illinois Latest State to Collide with Reality

Who would have thought that higher cigarette taxes would reduce tax revenue?  Well, anyone with a brain would have predictecd that, so I guess that’s why regressives went and did it anyway.  Hot Air has the details… With some time having passed to let the cash cow fatten, we should check back in and see what the fine citizens of the Land of Lincoln are doing with their new found largesse. I do hope they’re not all getting fat and lazy now that all of the state’s fiscal problems have been solved. Ahhh… happy days. When Illinois Gov. Pat Quinn signed a bill [...]

Taxes for Online Purchases Coming to a State Near You?

Apparently, some governors are seeing dollar signs with online purchases.  The bigger problem?  The GOP seems to be on board.  Big Government has more… Small companies who want to sell their products online are in real trouble. Some Republican governors, eager to enrich their thinning state coffers, are endorsing a tax that would be imposed on products sold online.According to the National Conference of State Legislatures Strapped, states could reap as much as $23 billion in new annual revenue. New Jersey Gov. Chris Christie recently agreed to allow Amazon to collect sales taxes on his state’s online purchases if they located [...]

Manhattan Infidel to Impose a Tax

Fast on the heels of the Supreme Court’s historic decision to uphold Obamacare, I, the Manhattan Infidel, have decided to levy a tax on all Americans who do not visit my blog and hit up my tip jar. Accordingly, starting on Thursday July 12, 2012, all those who do not visit my blog will be taxed 55% of your base earnings.  I do this because I care about America it will make me richer.  This tax, or penalty, or as I like to call it “Tenalty” will be applied towards making America a better, healthier place I want your money. Some of [...]

The Evil Rich are Still Moving: Tax Induced Exodus from Maryland Continues

It’s wisdom that when taxes go up, people will go to great lengths to avoid the tax. However, the democrat narrative precludes reality, so they raise taxes anyway.  We first covered that sad reality from Maryland in 2009… “Let’s go get those evil rich folks that are pooping on the little guy!”  The class envy folks love saying things like that.  When they get into power, as they are now, they attempt just that.  Now, I could go into a long, drawn out description of why that is a terrible idea, but they won’t listen anyway.  Instead, I’ll give an example, and [...]

Why are More Americans Renouncing their Citizenship?

Is it a sign of oppression, or economic failure that would cause people to renounce their citizenship and leave the US?  The Daily Reckoning has more… 07/03/12 Laguna Beach, California – In November, millions of Americans will trudge to their local polling places to cast votes in the hope of improving their lives here in the USA. Between now and then, a few hundred Americans will vote with their feet in the hope of improving their lives outside the USA. Last year, nearly 1,800 Americans surrendered their citizenship. In a nation of 300 million folks, 1,800 émigrés is hardly a rush for the exits. But [...]

Valerie Jarrett Admits the Personal Mandate is a Tax

But, they insisted on calling it something else.  When I started the original Conservative Hideout, I often spoke of “calling it something else.”  It’s one of the ways that the left repackages their failed ideas.  Simply put, they shine up the excrement, and slap a different name on it.    They didn’t call the personal mandate a tax (in fact, they denied that it was a tax), but they went to court and argued that it was.  Then, when the court said, OK, it’s a tax, the administration came out and said that it still isn’t  a tax.  So, just to follow along; [...]

Top 400 Wage Earners Paid More in Taxes Than the Bottom Half! Leftist Meme Shattered

If you listen to the occupods, the mythical 99% are being completely fleeced by the equally mythical 1%.  Class warfare is a stubborn thing, but reality always wins in the end.  Bunkerville has the meme bustage… Just thought this would be a factoid worthy to report. Reality can be difficult to deal with. Not mentioned is not only do the non-payers not pay, but get money back from the 400. I don’t think 400 come to  “The one percent” do you? Bottom Line: A small group of 400 of America’s most successful earners in 2009, about the number of residents living [...]

Chuck Schumer Channels Nazi Germany, Goes After Americans Attempting to Escape Taxes

We’ve talked about taxes quite a bit here.  We covered that when Maryland passed a special tax on millionaires, one third of their millionaires disappeared, and the state ended up losing money.  When NY passed oppressive cigarette taxes, New Yorkers found ways to evade it, and the state missed their income projections by several country miles.  And, we covered that the early 90′s luxury tax cost tens of thousands of jobs, and then the government ended up paying more for unemployment benefits than they collected in revenue.  In short, tax increases kill jobs, and result in the creation of new [...]

Germany Levying Special Tax of 1% on Young Workers to Support Bankrupt Entitlement Programs; Is This the Future for America too?

As a teacher, every day I go to school and work my tail off teaching the future of America the skills, concepts, abilities, and information they are going to need to be successful citizens. I am passionate about our future; I work daily with the youth of our nation; and I care about this issue. And it pisses me off to see the future for these students so clearly and yet know that some of them are going to be voting Democrat in the coming election. Under President Obama and the new extreme liberal Democratic Party, our nation’s debt has [...]

Obama’s Tax Reform Proposals Wrong, Politically Motivated, and Will Hurt the Middle Class?

Voters who go to the polls in 2012 will have two futures laid before them, and nothing illustrates this more than the tax code proposals submitted by GOP-nominee Mitt Romney and Democratic-nominee Barack Obama. Both Republicans and Democrats are going to try to make this race about a lot of other things, but at a fundamental level it is a race regarding what sort of path America is going to take- the one that we’ve been traveling on for the past couple years that the President wants to take us further on, or the alternative that former businessman and now GOP nominee Romney wants to [...]

California Raises Taxes and Revenues Decrease: Who Saw That Coming?

One of the greatest weaknesses of the statists is that their efforts at creating a fantasy world. more often than not, create the exact opposite of their stated intent.  They try to engineer unicorns that fart rainbows, and they create a stillborn jackalope.  You would think that they would learn from such infamous failures, but they seem to double-down instead.  The latest example of this comes from Califailure.   Knowing, and probably denying, the long history showing that tax increases  cause a decrease in revenues, they have stuck with the highest tax rates in the country.  Breitbart has the predictable results.   [...]

Beer Warfare

bucket beers

Obama has been waging his class warfare for months now in anticipation of campaigning against his preferred candidate, Mitt Romney. So I thought that it would be a good time to explain our progressive tax structure in beer summit terms. Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this: The first four men (the poorest) would pay nothing. The fifth would pay $1. The sixth would pay $3. The seventh would pay $7. [...]

Liberal Policies Tend to Backfire: Will Higher Taxes and Regulation Help or Hurt the Mythical 1%?

Some refer to the law of unintended consequences.  Others call it purposeful crony capitalism.  But the reality is simple; in a high-tax and high-regulation environment, large corporations and the wealthy flourish, and the little guy? Not so much.  Our contributor, Don, and I were chatting about that just last night.  Then, as I was checking out some news sites this evening, I saw that Don and I weren’t the only ones pondering that point.  Seton Motley, over at Big Government, was pointing out the same uncomfortable truth.   In Reality, this Leftist policy disconnect happens with cringe-inducing regularity.  They push proposals [...]

New York Cigarette Tax Fails to Bring in Projected Revenues: Anyone Surprised?

One thing that statists miss is that taxes change human behavior.  When something is taxed to the extent that it becomes less affordable, people will either stop using the taxed item, use less of the taxed item, or obtain the item by other means.  For the latest, NY State is lamenting the fact that their cigarette tax revenue is far below expectations… The Empire State is struggling to bring in additional tax revenue it projected it would gain from efforts to stop smokers from buying untaxed  cigarettes on Indian Reservations, reports the New York Post: The state’s tax collectors were recently [...]

This is What "Democracy" Looks Like? Progressives Attempting to Stop a Vote on "Amazon Tax"

califailure1

If you recall, Califailure passed a tax on on-line sales, causing Amazon to cancel their successful Affiliate Program in that state.  We also know that the regressive mantra in the past year has been, “This is what democracy looks like.” Of course, in Wisconsin, “democracy” meant preventing actual votes from being taken.  You know, democracy!  In a “democracy,” votes are only to be taken when the outcome suits the regressives.  If they will not, well…I guess “democracy” cannot be permitted. Now, back to the Amazon Tax.  Amazon is refusing to collect taxes for Califailure, and is campaigning to have a [...]

Graph: Results of Tax Cuts on Revenue to the Federal Government

Obama_Money

Democrats, led by President Obama, frequently advance the argument that the deficits that the federal government has been running since 2001 (~$500 billion under Bush’s 8 years, ~$1500 billion during Obama’s 3 years) are the result of the Bush Tax Cuts (which Obama and the Democrats continued and extended), thus it is the Republicans and George W Bush’s fault for the current nation-destroying federal debt. Let’s look at the data: Drawing on data provided by the White House’s Government Printing Office, we can see here a history of the revenue or money collected by the national government since 1980. I [...]

High Cigarette Taxes Fail to Meet Expected Revenue Targets: Anyone Surprised?

taxes

Apparently, raising taxes on tobacco products is falling out of favor with state governments… According to Patrick Gleason, director of state affairs for the conservative Americans for Tax Reform, tobacco has not been the revenue boon states that have increased cigarette taxes had hoped. “The lack of interest in raising tobacco taxes this year can be attributed to the fact that tobacco taxes have indisputably proven to be a dubious and declining source of revenue,” Gleason told TheDC. “From 2003-2007, 16 of 59 tobacco tax hikes fell short of revenue projections.” Here in Washington D.C., for example, the city’s 2009 [...]

Making Tax Increase/Spending Cut Deals with the Democrats: A Historical Perspective

C-SPAN-Lies-and-Challenge

The Democrats have a new ad out regarding the Debt Ceiling Debate.  They decided to invoke Reagan in order to shame the GOP… Of course, they selectively edited and took the entire thing out of context.  However, the CH 2.0 found the full transcript… Radio Address to the Nation on the Federal Debt Ceiling Increase and Deficit Reduction September 26, 1987 My fellow Americans: There’s good news. The Federal deficit for this year is expected to drop by some 30 percent compared to last year. That could be a whopping $65 billion reduction, and it happened without a tax increase. [...]

Steny Hoyer Meets Reality: Film at 11

Obama_Money

Steny Hoyer accidentally collided with reality yesterday.  Reports confirm that while neither were injured,  Hoyer was shocked and dismayed… If you’re on the fence as far as an opinion on a Balanced Budget Amendment to the Constitution, Steny Hoyer seems to be unwittingly trying to push you in the “pro” direction: (CNSNews.com) – House Minority Whip Steny Hoyer (D.-Md.) said on the House floor last night that if the balanced budget amendment Republicans are supporting is ratified and included in the Constitution it would make it “virtually impossible” to raise taxes. “In order to pay our bills, Republicans would require us [...]

The Left Accuses the GOP of "Sabotaging" the Economy: Now, Obama Wants Them to Actually do it

taxes

Earlier this month, I discussed the leftist narrative that the GOP is intentionally sabotaging the economy in order to win the 2012 election.  Of course, that claim is nothing more than typical leftist projection, as destroying the economy is something that they have raised to a science.  But, of course, they can’t let a little reality interfere with their narrative.  So, they plod on, hoping that the uninformed swallow the lies, and vote accordingly. That entire scenario took on a new light with the debt limit debate.  For background, here are some excerpts from the WSJ… So the fondest Washington hopes [...]

Tax the Rich Until They Bleed

And when there’s no more blood, what then? Obama and the liberals love their populist meme: Tax the rich because they are not paying their fair share. Obama and at least some liberals know that is not true but they continue to beat this drum. Why? Because it’s an easy sell. When people are hurting, they want someone to blame . And, of course, Obama thinks this class warfare cry of tax the rich will get him re-elected. People need to know the truth about taxing the rich. There are a lot of myths out there. Below is a video that should go viral that [...]

Obama Proposes Massive Automatic Tax Increases with Debt Failsafe Trigger

In Obama’s recent speech on reducing the debt (also see my earlier post on this subject), President Obama proposed instituting a “debt trigger,” or fail-safe mechanism, that would force the government to make substantial reductions in discretionary spending if deficits exceed 2.8 percent of GDP starting 2014 (which they are going to as a result of his budget calling on more and more spending combined with his policies which encourage lower and lower GDP). Entitlement programs would be exempt, which is important, because entitlement programs make up most of what our government spends money on and are predicted to overwhelm our entire budget [...]

Cash-strapped New York State Finds Novel Ways of Raising Cash

Customers in a popular Manhattan deli were surprised to find that if they wanted their bagel sliced it now cost 9 cents extra.  Also, if bagels are eaten in the store, even if not touched by a knife or sliced, they cost extra. Running a 14 billion dollar deficit and with a lame-duck governor feuding with both houses of the state legislature the state Department of Taxation and Finance has started enforcing obscure laws such as the one just mentioned. “We have to come up with cash somehow” said Jamie Woodward, acting Commissioner of the Department.  “I know New Yorkers [...]

Philly Taxing Bloggers

Most bloggers, well…blog, as a hobby.  It’s a time intensive labor of love to find stories, write your particular take on them, publish them, visit other blogs to comment and show some support, publicize your work so people might actually pay attention to it, and so on.  And with all of that comes the great profit and critical acclaim that we all seek…right? Eh, not so much. Most bloggers have no advertising at all.  Some have tip jars.  Others do advertising, but make next to nothing on it.  As you have likely noticed, there is advertising at the CH 2.0.  [...]

The Coming Tax Assault: 2011 Destroyed by Tax Increases on Everyone

2011, regardless of what happens in the 2010 elections, will be a bad year for America due to the avalanche of tax increases that will hit everyone, specifically dead people, married people, rich people, investors, poor people, those with kids, those who save, those who buy medications, and small businesses. New tax increases of varying amounts will be levied on these groups starting in 2011, and the result of these tax increases will be lower spending, lower saving, lower investment, lower business activity, and increasing hiding of taxable income by those that can, with the end result being falling revenues [...]

Here Come the Tax Increases!

I’m republishing this from ATR. In just six months, the largest tax hikes in the history of America will take effect.  They will hit families and small businesses in three great waves on January 1, 2011: First Wave: Expiration of 2001 and 2003 Tax Relief In 2001 and 2003, the GOP Congress enacted several tax cuts for investors, small business owners, and families.  These will all expire on January 1, 2011: Personal income tax rates will rise.  The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which two-thirds of small business [...]

Does Financial Reform = Checkbook Tax?

In my last post I told people to keep their eye on this financial reform bill.  That the recently passed immigration law in Arizona is being used by Democrats as a distraction to avert the public’s attention from what the left hand is doing in Washington DC.  Of course I am talking about the financial reform bill that up until today Republicans were engaging in a filibuster to block opening up debate on the Senate floor.  They have now decided to end their filibuster and allow debate on the bill to take place.  There are many reasons why this bill [...]

Taxes: A Historical Perspective

With taxes on tanning salons and medical devises in the ObamaCare law, and the states proposing taxes on all sorts of services and products, I think it might be a good time to take a look at just how successful other taxes have been.  In 1990, a luxury tax was passed to go after the “rich people” by taxing things that they buy, luxury yachts, private aircraft, specialty cars, and the like.  They were dead set on making these evil rich people pay more.  The results?  Predictably, the results were completely forgotten by the left. Note that all of these [...]

Far Left Uses Sleight of Hand to Hide Health Care Bill Costs

The Congressional Democrats have been very insidious in their presentation of the latest health care “reform” bill. By playing a shell game with the numbers, they are able to project the costs as much lower than they will actually be. By their estimates, the combined House and Senate bills would come in at around $1 trillion over the next decade. What tricks are they using? Well by requiring individuals and employers to purchase health insurance, much of the legislation’s cost is dumped onto the private sector. In other words, the bills treat this cost as neither a tax, nor an [...]

Sorry Kids. Grandpa Didn't Know.

The good news is that I have a new grandson. The bad news is that I haven’t a clue what kind of America he is going to grow up in. This latest grandson gives me a total of three. Selfishly I would love for them to have the same opportunities that I’ve had and that their dads have had. While there are no guarantees in life it is right for me to have these concerns. As of this moment my grandsons each owe $38,704.00 to the national debt. The three of them owe collectively nearly $120,000.00 and that is assuming [...]

Some Brief Thoughts

The kiddo has a birthday today, so time is short.   Here are some brief thoughts… ObamaCare: The “public option” might be sacrificed.  DON’T BE DECEIVED!!  They’re now talking co-ops.   This is just a re-branding of public option.  It will have the same powers and faults of the original plan.  It’ll just sound “nicer.”  It will lead to the same thing-single payer.  The messiah will hail this as a bi-partisan “compromise” in an effort to save face and salvage his presidency.  Same BS-different wrapper! Barney Frank: Tells a town hall audience to NOT trust the government, but we’re supposed to [...]

The Rich ARE Moving, I LOL!

“Let’s go get those evil rich folks that are pooping on the little guy!”  The class envy folks love saying things like that.  When they get into power, as they are now, they attempt just that.  Now, I could go into a long, drawn out description of why that is a terrible idea, but they won’t listen anyway.  Instead, I’ll give an example, and laugh at their fail.  The source is found here. Here’s a two-minute drill in soak-the-rich economics: Maryland couldn’t balance its budget last year, so the state tried to close the shortfall by fleecing the wealthy. Politicians [...]

Tea Party Update

Well, I was at my local tea party.  It was small and energetic.  There were a few dejected messiah supporters nearby.  They were standing off to themselves.  They said nothing, and barely held up their signs, except for when people took pictures of them.  I would guestimate that there were approximately 200 people there. I have pictures, unfortunately, on my cell phone.  As soon as I can get them off the cell phone, I’ll post them. In the meantime, I thought I might contrast these protests to ones done by useful idiots.  At the time of this writing, there have [...]

Tax Hypocrisy, Smugglers Profit

In our current PC society, there are few people as marginalized as the humble, hacking and wheezing smoker.  Vilified as  harbingers of death, these poor souls are now one of the most set upon populations.  With the recent tax increase passed by the messiah SPENDULUS MAXIMUS, they have even fewer reasons to be happy. Now, as Jim Quinn so aptly states, “Liberalism achieves the exact opposite of it’s stated intent.”  Why say this?  Well, for several reasons. .. Reason 1: The messiah SPENDULUS MAXIMUS breaks a campaign promise by rasing taxes on people that make less that $250,000 a year.  [...]

"How Do Ya Like That Change?"

I was doing my manly duty, picking up milk on the way home, when I overheard something interesting in an local convenience store. 20 something:  “You mean they went up 60 cents in two days!?” Clerk:  “Yes, that’s the new federal tax.  The rest of them go up next week.” The younger man was complaining about the price of his favorite, off brand cigarettes. Seeing an opportunity, I opened my pie hole. Me:  “How do ya like that ‘change’?” Others turn and look at me. Me:  “I don’t know if anyone here makes $250,000 a year, but it looks like [...]

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