Glenn Beck had a good way to show us the road to oblivion we are travelling so quietly on. He has stacked on his desk today the 2074 senate bill for the abominable Health Care plan and the 1999 page bill from the House. You can just see Glen Beck's neck and face above these two stacks. Then he pulls out the 17 page Constitution and asks us: Which one do you want to rule your life? Good Question. This is the title of an article at ABC News on Nov 16th. Note that even this left leaning news organization is starting to balk.
Health Care Reform Likely to Include More Taxes for Many Americans
Despite Vow from Obama, Middle-Class Americans Could See Higher Taxes
As a presidential candidate, Barack Obama had one central message to middle-income Americans: no new taxes. And since taking office, the president has repeatedly pledged not to raise taxes on families making less than $250,000 a year.
But as a massive health care reform bill inches closer to reality, middle-class Americans, as well as high income earners, can expect some sort of increase in what they pay into government coffers, say Republican critics and some fiscal watch dog groups.
The Senate Finance Committee health care reform bill, which could hit the Senate floor as early as this week, would impose new taxes on insurance companies, drugmakers and medical device manufacturers.
It would also impose a 40 percent tax on the portion of insurance premiums exceeding $8,000 a year for individuals and $21,000 a year for family plans. That tax would be imposed on insurance companies, though it would likely be passed on to consumers, including many middle-income families, say experts...READ HERE
“Future generations will wonder in bemused amazement that the early 21st century’s developed world went into hysterical panic over a globally averaged temperature increase of a few tenths of a degree, and, on the basis of gross exaggerations of highly uncertain computer projections combined into implausible chains of inference, proceeded to contemplate a roll-back of the industrial age”. Professor Richard Lindzen
Showing posts with label Obama taxes. Show all posts
Showing posts with label Obama taxes. Show all posts
Thursday, November 19, 2009
Friday, June 19, 2009
"The Gaping Maw Of Government"

Rob Tracinski over at The Intellectual Activist Daily writes:
Those who accuse the Democrats of a policy of "tax and spend" get it backward. The Democrats never figure out where the money is coming from before they spend it. They always spend it first, point to the resulting fiscal disaster, and then demand higher taxes to pay for the runaway spending.
In fact, the really crushing burden of government spending comes from a program created more than 70 years ago: Social Security. We're still raising taxes to pay for the spending commitments Congress made in 1935.
Here's the latest ominous news: increased chatter about piling a national sales tax on top of all of the existing taxes, as a way of paying for Obama's new socialized medicine scheme. No, I don't think we will see this national sales tax soon. Congress will spend the money first, and only then will they get around to figuring out new ways to tax us for it.
The worst part about a national sales tax, by the way, is not just the fact that it will funnel more private money into the gaping maw of the government. Consider also the sheer economic disruption of creating a totally new kind of tax, which will require individuals and businesses to rethink all of their economic plans. That's enough to create a recession all by itself. (Also read Once Considered Unthinkable, US Sales Tax Gets Fresh Look)
Thursday, March 05, 2009
Taxes, Taxes and more Taxes
Actual 'Letter to the Editor' from the February 5th edition of the
Wichita Falls , Texas Times Record News...
Dear IRS,
I am sorry to inform you that I will not be able to pay taxes owed April
15, but all is not lost.
I have paid these taxes: accounts receivable tax, building permit tax,
CDL tax, cigarette tax, corporate income tax, dog licence tax, federal
income tax, unemployment tax, gasoline tax, hunting licence tax, fishing
licence tax, waterfowl stamp tax, inheritance tax, inventory tax, liquor
tax, luxury tax, medicare tax, city, school and county property tax (up
33 percent last 4 years), real estate tax, social security tax, road
usage tax, toll road tax, state and city sales tax, recreational vehicle
tax, state franchise tax, state unemployment tax, telephone federal
excise tax, telephone federal state and local surcharge tax, telephone
minimum usage surcharge tax, telephone state and local tax, utility tax,
vehicle licence registration tax, capitol gains tax, lease severance tax,
oil and gas assessment tax, Colorado property tax, Texas, Colorado,
Wyoming, Oklahoma and New Mexico sales tax, and many more that I can't
recall but I have run out of space and money.
When you do not receive my check April 15, just know that it is an honest
mistake. Please treat me the same way you treated Congressmen Charles
Rangle, Chris Dodd, Barney Frank and ex-Congressman Tom Dashelle and, of
course, your boss Timothy Geithner. No penalties and no interest.
P.S. I will make at least a partial payment as soon as I get my stimulus
check.
Wichita Falls , Texas Times Record News...
Dear IRS,
I am sorry to inform you that I will not be able to pay taxes owed April
15, but all is not lost.
I have paid these taxes: accounts receivable tax, building permit tax,
CDL tax, cigarette tax, corporate income tax, dog licence tax, federal
income tax, unemployment tax, gasoline tax, hunting licence tax, fishing
licence tax, waterfowl stamp tax, inheritance tax, inventory tax, liquor
tax, luxury tax, medicare tax, city, school and county property tax (up
33 percent last 4 years), real estate tax, social security tax, road
usage tax, toll road tax, state and city sales tax, recreational vehicle
tax, state franchise tax, state unemployment tax, telephone federal
excise tax, telephone federal state and local surcharge tax, telephone
minimum usage surcharge tax, telephone state and local tax, utility tax,
vehicle licence registration tax, capitol gains tax, lease severance tax,
oil and gas assessment tax, Colorado property tax, Texas, Colorado,
Wyoming, Oklahoma and New Mexico sales tax, and many more that I can't
recall but I have run out of space and money.
When you do not receive my check April 15, just know that it is an honest
mistake. Please treat me the same way you treated Congressmen Charles
Rangle, Chris Dodd, Barney Frank and ex-Congressman Tom Dashelle and, of
course, your boss Timothy Geithner. No penalties and no interest.
P.S. I will make at least a partial payment as soon as I get my stimulus
check.
Thursday, October 02, 2008
Obama's Plan for Taxing Americans to Death
Do you know how much and where your taxes will go under an Obama presidency? (Righchange.com) Get informed before your sorry.
1.Small main street businesses would be forced to pay tax rates as high as 62.3% under Senator Obama’s tax proposals.1
2.Senator Obama’s tax plan would tax small businesses at a higher rate than large corporations!
3.Taxes on retirement income and savings could increase by at least 33%, hitting millions of seniors when they need these resources the most.
4 million workers over the age of 50 – those eagerly looking forward to retirement – would be hit with increased tax bills.
5. Millions of Americans would only keep 38 cents of every dollar that they earn.
6. Senator Obama’s tax plan would reduce the after tax wages of millions of workers by 17.7%.
7. It will take 227 days per year, nearly 8 months, just to pay your tax bill! ...(READ there's more taxes in your life courtesy Obama).
1.Small main street businesses would be forced to pay tax rates as high as 62.3% under Senator Obama’s tax proposals.1
2.Senator Obama’s tax plan would tax small businesses at a higher rate than large corporations!
3.Taxes on retirement income and savings could increase by at least 33%, hitting millions of seniors when they need these resources the most.
4 million workers over the age of 50 – those eagerly looking forward to retirement – would be hit with increased tax bills.
5. Millions of Americans would only keep 38 cents of every dollar that they earn.
6. Senator Obama’s tax plan would reduce the after tax wages of millions of workers by 17.7%.
7. It will take 227 days per year, nearly 8 months, just to pay your tax bill! ...(READ there's more taxes in your life courtesy Obama).
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