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Taxes

New Jersey Has 7 Of The 10 Counties In America With The Highest Property Taxes

  Anybody here remember a fellow named Chris Christie? He ran for governor, promising to “do something” about New Jersey’s perennially high property taxes. Boy oh boy, I sure do wish we’d elected that guy. Because according to a recent study, 7 of the 10 counties in America with the highest property taxes are right here in the Garden State. Where, rumor has it, Chris Christie is actually the governor. It’s no secret that New Jersey homeowners are hit with some of the highest property taxes in the nation. But just how high, relative to other parts of the country, […]

Beer Warfare: Our Progressive Tax System In ‘Beer Summit’ Terms

bucket beers

President Obama has been waging his class warfare ever since he took office in 2008. Of course, he ramped it up just before the 2012 Presidential Election, in anticipation of campaigning against his preferred candidate, Mitt Romney. And with the 2016 elections just around the corner, I thought that it would be a good time to revisit and 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 […]

I Told You Guys That Net Neutrality Meant “Tax The Internet,” And I Was Right

  “Fairness” my ass. The FCC’s Net Neutrality power grab was about one thing, and one thing only — taxes. Eleven Billion Dollars in new taxes. Not long after FCC chairman Tom Wheeler swore that the FCC takeover of the Internet wouldn’t result in new taxes or fees, it appears likely that new taxes will show up on Internet bills in the near future. In mid-March, Wheeler told a House panel that he couldn’t, in fact, rule out a new Internet fee to help pay for the government’s “Universal Service Fund” (USF). By shoving the Internet into the agency’s Title […]

Hey New Jersey, this year you’ll work until May 13th to support the government

Congratulations New Jersey workers. If you’re crazy enough to have a job, you’ll spend the first 4½ months of this year toiling to support the moocher class. New Jerseyans will have to work an extra four days this year to be free of taxes, according to a report that once again says Garden State residents have the highest tax burden in the nation. The right-leaning Tax Foundation’s annual “tax freedom day” report card says residents in New Jersey and Connecticut will work the longest in the nation this year to pay off their taxes: until May 13. Last year, “tax […]

Time For Torches And Pitchforks: Dictator Obama To Impose New Taxes Via Executive Order

This president really does believe he’s our king. That we must bow before him. That he can impose his will upon us by fiat. The Constitution? That’s so old, who cares about it anymore? Certainly not anyone in his administration! He’s got a pen and a phone, and he’s going to use them to unilaterally raise taxes. President Obama really does think he is a king or an emperor of some type. Now he claims that he is going to use executive orders to raise taxes on us all. This arrogant prince thinks he can do anything he wants just […]

If You’ve Ever Wondered What The Internet Looked Like In 1934, You’ll Love ObamaNet

Obama’s FCC really did it. They really voted to regulate the internet. They dusted off a 1934 law used to rein in Ma Bell and said those rules need to apply to your home broadband connection in 2015. Forward, into the past! Forget visions of “half fast” internet. Those days are gone now. Henceforth the internet will run at the speed of government. And the government will decide who can connect. The government will decide how you’ll connect. A bureaucrat will determine if your internet usage is in “the public interest.” And fine you if it isn’t. How many of […]

More ObamaCare Incompetence: HHS Sent Out 800,000 Bad Tax Forms To ObamaCare Enrollees

  These clowns can’t get anything right. Today’s Obamacare debacle? 800,000 bogus tax forms. The White House has some bad news for those ObamaCare-insured taxpayers who prepared for early tax filing — or actually had already filed. That form that they sent out about premiums and subsidies? More than ten percent of them turned out to be wrong, so … you’ll have to either wait to calculate your taxes, or have a do-over. They’ll mail corrected forms “soon.” Hey, filing your taxes wasn’t painful enough, right? It’s not just the federal exchange, either. The Covered California system issued 100,000 erroneous […]

Sen. Mike Lee: Obama’s Internet ‘Takeover’ Means ‘Massive’ Taxes

  Hat/Tip to @Mr. Pinko at IOTWReport.com. Ronald Reagan once famously tried to explain government’s world view, and I agree with him. However, I do believe that the modern Democratic Party has perfected the practice. “Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” – Ronald Reagan Government Internet takeover is coming We do not have much time left to stop this gigantic government takeover of the Internet. The FCC is voting on February 26th and the […]

Because Tom Wheeler Wasn’t Smarter Than Steve Case, Obama Will Tax And Destroy The Internet

    Today Barack Obama’s hand-picked FCC chairman laid out his rational for taxing and regulating the internet. It’s because AOL’s Steve Case ate his lunch back in the 80’s. I personally learned the importance of open networks the hard way. In the mid-1980s I was president of a startup, NABU: The Home Computer Network. My company was using new technology to deliver high-speed data to home computers over cable television lines. Across town Steve Case was starting what became AOL. NABU was delivering service at the then-blazing speed of 1.5 megabits per second—hundreds of times faster than Case’s company. […]

It’s Good To Be The King: Obama Exempts Himself From “Free College” Tax…

It figures. Barack Obama’s communist proposal to tax your kid’s college savings account has an exemption — for Malia and Sasha Obama. One of the less talked-about proposals President Obama offered this week was to take away the tax-exempt status of 529 college savings plans. These very popular plans allow parents to defer income – before it’s taxed – into savings accounts to then be withdrawn, also tax-free, to use for qualified college expenses. I’ll dispense for the moment with the larger question of whether stuff like this represents a wise overall approach to the tax code (it doesn’t) and […]

How Obama Will Pay For His Plan For Free Community College

Well, this didn’t take long and certainly comes as no surprise. That is especially true if you have paid attention to how President Obama has conducted business during the first six years of his administration. He has acted like a typical liberal. When it doubt, always raise taxes. Never cut spending, never cut waste, always, always raise taxes. And that is exactly what he is planning to attempt in the last two years of his presidency. Do you remember his proposal for free community college for anyone who is willing to work for it? He actually described it as a […]

Will The Last Person To Leave New Jersey Please Turn Off The Lights?

  The exodus from New Jersey is becoming a stampede. People are moving out of state at twice the rate they’re coming in. Nearly two of every three families making an interstate move involving New Jersey last year were leaving the Garden State, the highest rate in the country. New Jersey had the greatest percentage of outbound moves of any state nationally last year with almost 65 percent departing, according to a company which bills itself as the largest transporter of household goods in the country. The Garden State has led the nation in outward migration for the fourth time […]

Uncle Sam Keeping Gas Above $2/Gallon In Most States

  Hat/Tip to Joseph Rossell at Newsbusters. You can thank you state and federal government for the fact that most of America is still paying more than two bucks a gallon for gasoline. Subtracting state and federal taxes and fees on gasoline, the price of a gallon of gas would fall below $2 in 29 states, according to data published by the American Petroleum Institute in October 2014, and by AAA. AAA said the national average for gas dropped to $2.394 per gallon on Dec. 22. while the average state and federal gas taxes and fees averaged a whopping 49.28 […]

U.S. Has Highest Corporate Tax Rate in the Industrialized World

The U.S. Has the Highest Corporate Income Tax Rate in the Industrialized World The next time some Obamabot tries to tell you American corporations aren’t paying their “fair share” in taxes, show them this chart. See that bottom red line? The one that says “United States?” Yeah, Barack Obama, Harry Reid, Hillary Clinton, and pretty much all Democrats believe a corporate tax rate of 39.1% is not high enough. Sane people might disagree. Any day now the White House and Sen. Charles Schumer (D., N.Y.) will attempt to raise taxes on business, while making the U.S. tax code even more […]

Burger King, Sodomy, Taxes, and YOU!

Liberal Logic neatly tackles the question of what does Burger King, Sodomy, Taxes, and you have to do with one another…

Obama Calls for Highest Sustained Taxation…Ever

Last month, President Obama presented a budget to Congress. Immediately Senate Majority Leader Harry Reid asked what it was because it had been so many years since he’d seen an actual federal budget. Okay, I’m not really sure if Harry Reid saw or even understood it, but it still calls for the highest sustained taxation in United States history. CNSNews did an excellent job of evaluating it. In the budget proposal he presented to Congress last month, President Barack Obama called for what would be the highest level of sustained taxation ever imposed on the American people, according to the […]

Using the Beer Summit to Explain Progressive Taxes

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. The eighth would pay $12. The ninth would pay $18. The tenth man (the richest) would pay $59. So, that’s what they decided to do. The ten men drank in the bar every day and seemed quite happy with the […]

Asylum Watch Interprets Bill Gates et al. Vision Of The Future

Bill Gates has become an American icon. He is the epitome of the American success story. Born into a well to do family, he attended the same elite private school as his father had before him. He went on to Harvard but drop out because he had an idea for a new type computer operating system he wanted to work at developing. He would develop an operating system that would allow low tech people to use computers. He called his new computer operating system “Windows”  and he built a company around his idea called Microsoft. Bill’s idea caught on quickly […]