I’ll Take Your Dollars And Give You Change
We like change. We believed that change would flow from the fountain of Barack Obama’s audacity and hopefulness. Then we realized change would be flowing from our back pocket. With one hand, Obama picks our pocket through higher taxes. With the other, he offers us back “change.” We reduced Obama’s fancy rhetoric to one phrase: I’ll TAKE YOUR DOLLARS AND GIVE YOU CHANGE. Publicize Obama’s | Read More »
Corporate Taxes: Democrats Have the Right Question but the Wrong Answer
Senators Byron Dorgan (D-North Dakota) and Carl Levin (D-Michigan) deserve some credit for being smart enough to go to the GAO and ask a sensible question when they commissioned a recent study on why more than two thirds of foreign corporations and about half of the domestic companies doing business in the US get away with not paying corporate taxes in any given year. The | Read More »
And you thought looters only targeted vacant property…
Cross-posted on Right Michigan at www.RightMichigan.com. They often say that houses tell stories. They witness families, growth, birth, death, drama, joy, sorrow, you name it. They weather storms, they provide comfort, they alternately offer financial risk and security and they’re where the heart is… awwwww. A home, though, is not, necessarily, where the kitchen sink is. At least not if that home is in the | Read More »
Barack Obama is so pathetic, even his own team calls his latest tax scheme bad
Just how bad do you have to be to get your own side saying you’re out of freaking mind? Answer: As bad as Barack Obama. The Associated Press reports even Obama’s own team thinks his latest tax plan, designed to distract from his plan to increase taxes on everyone who earns more than $42,000.00 a year, is terrible. The Obama campaign says the idea would | Read More »
U.S. Opens Borders To Immigrants With Aids
In a bill, signed by the president last week pledging $48 billion to fight aids, is language that lifts the ban on immigrants with AIDS from entering the country. In a speech before signing the law, President Bush emphasized that “HIV’s deadly stigma” is still a societal obstacle because patients still don’t receive mainstream acceptance.Congressional support for lifting the travel ban was bipartisan and strong, | Read More »
Redistribution of Wealth in the good ole USA…
Ever wonder who pays the bills in the US? How much MORE some states paid to the federal government in 2005 than they received back in expenditures. California -$47.6 billion ($1,319 per person) New Jersey -$27.5 billion ($3,162 per person) New York -$23.8 billion ($1,234 per person) Illinois -$19.0 billion ($1,490 per person) Connecticut -$9.5 billion ($2,727 per person) Minnesota -$9.5 billion ($1,513 per person) | Read More »
Cross-posted on Right Michigan at www.RightMichigan.com. (Laugh-riot courtesy the Saginaw News.) Fickleness thy name is Jennifer. Remember a few years ago, sitting in front of the TV watching the Governor talk, John Cherry smiling like an out-of-touch fool behind her, laying out how swell Michigan’s economy was and promising real improvements in the coming years? What they didn’t tell us was that their devastatingly misguided | Read More »
What About Those Oil Companies and Their Big Profits?
The Wall Street Journal had a pertinent piece on August 4 that bears some repeating. In it they asked “What is a ‘windfall’ profit anyway?” and provided some much needed context about the money that oil companies make. On Aug 6, Obama made an amazing policy suggestion. He said that the government should actually confiscate money from private businesses and redistribute that money, giving it | Read More »
So, How Fared The Rebate Idea?
I was against the idea of tax rebates from the time they were discussed as a way to stimulate the economy. If you don’t believe me, feel free to read this. As I wrote, “if we really want to stimulate the economy, we need a permanent tax cut.” The tax rebate certainly was not permanent and based on Milton Friedman’s past research on this issue, | Read More »
Rick Davis schools David Axelrod on race card
Mark has addressed some of Barack Obama’s campaign’s handling of the “race card” issue. But it is worth watching the appearance. It is astonishing that Axelrod was so unprepared for this: Note that the closing argument that Obama has never proposed an energy tax increase is laughably false with today’s Politico story about funding a $1,000 rebate with a tax on energy companies. Axelrod is | Read More »
Taxing the rich.
Yesterday morning on a local talk station, a black business owner called in and said that he is extremely concerned about Obama’s plan for tax increases on the rich. He said, “I’ve worked hard all these years and finally own my own business and am proud to be making over $250,000. I don’t think it’s fair that I fork over a big portion of my | Read More »
McCain’s read my lips moment.
So much for the straight talk express! McCain who is suppose to speak truthfully, has now been caught in a big lie! Republican presidential candidate John McCain drew a sharp rebuke Monday from conservatives after he signaled an openness to a higher payroll tax for Social Security, contrary to previous vows not to raise taxes of any kind.Speaking with reporters on his campaign bus on | Read More »
Hate The Rich!
Last week’s Tax The Rich! diary quoted a WSJ story about how the top 1% are paying a larger share of income taxes than ever. Two days later, a different WSJ reporter put a completely different spin on it. It couldn’t be any more backwards of a report than the first one. The reporter laments that the average tax rate of the richest 1% fell | Read More »
NOW You are Working for YOU! Freedom From Taxes Day Has Arrived
Yesterday was finally the end of the days this year when you were working to pay the government its exorbitant fees. That’s right, July 16 was Cost of Government Day for the average American. Grover Norquist , author of the recent book “Leave Us Alone,” has once again crunched the numbers and determined how long it takes most of us to finally pay off our | Read More »