Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Monday, July 19, 2010

Obama The Liar - Its 1937 All Over Again

Shortly after Social Security was passed in 1935 opponents filed lawsuits based upon the constitutionality of the landmark bill.

FDR had promoted Social Security as an "insurance program" and sold it to the American people as such. However, once the case reached the Supreme Court the FDR administration argued in defense of the program that Social Security was constitutional because it was not an insurance program, moreover a tax and entitlement program.

The Supreme Court agreed in Helvering v. Davis (1937) and Social Security has been with us ever since.

Fast forward to 2009-2010, it truly is 1937 all over again.

In 2009 President Obama sat down with George Stephanopoulos on the Sunday show this week and adamantly proclaimed that the Health Care Reform bill "was not a tax".

See here for yourself:


Now, in July 2010 the New York Times (and many more news sources) report a different story. A story with bait and switch echos to the days of FDR.

According to the Times the "Obama administration and its allies now defend the requirement as an exercise of the government's "power to lay and collect taxes.""

Really?! This coming from a President who we've been told taught Constitutional law?!

The President was either a lousy Constitutional scholar or he was flat out lying on ABC's This Week. By virtue of the fact that he claimed the "tax" question was not even a legitimate argument is rather shocking given how his Administration plans to defend the Constitutionality of "Obamacare."

It truly is 1937 all over again.

Seventy years later the entitlements promised in Social Security threaten out nation's financial viability. Add Medicare and all the other entitlement programs since, and now Obamacare and we have to ask ourselves how will we ever pay for this?

Thursday, May 7, 2009

A Note To President Obama Regarding is "Tax Crackdown".


Dear President Obama,

Who in the hell do you think you are to look down your arrogant nose at the American private sector and tell them you are going to “crack down” and make us pay our fair share of taxes?
Sir you neglect the simple matter of fact that the private sector is the entity that creates jobs, wealth and prosperity in addition to employing people not only here in America, but yes also abroad.

You decline to acknowledge that the US Corporate Tax Rate is already the 2nd highest of all western industrialized nations which is one of the primary reasons companies go offshore. It is your government that is pushing these companies offshore.

Before you start targeting people & business entities in the private sector, I would ask that you demonstrate some “change we can believe in” and address the rank hypocrisy within your own house. In case you are oblivious or unaware of this hypocrisy let me remind you:

House Ways and Means Chairman Charlie Rangle—currently under investigation for tax evasion.
HHS Secretary--Kathleen Sebelius 7k owed in taxes prior to Senate confirmation.
HHS Secretary Nominee—Tom Daschell 140k owed in taxes, forced to withdraw his nomination.
Secretary of Commerce Nominee—Bill Richardson abandoned his nomination because of tax problems in addition to an ongoing criminal investigation.
Hilda Solis—Labor Secretary confirmed after agreeing to pay 6,400 in unpaid taxes.
Treasury Secretary—Tim “Turbo Tax” Geithner failed to pay FICA taxes for several years and had to repay his taxes prior to Senate confirmation.
Office of Management & Budget nominee---Nancy Killefer withdrew her nomination due to back taxes and a $900 dollar lien on her home for failing to pay unemployment compensation for household help.

Let us also not forget all of the Fraud, Waste and Abuse that occurs within the Federal Bureaucracy, you can clean that up to while you are at it. This is the audacity of hypocrisy, and it stinks!

Sunday, March 15, 2009

Healthcare & Another Reversal For Hope but not Change!






Here's more "change" that certainly will kill your "hope" that health care in America will become more affordable in the future.

Taxing Health Care benefits of workers was a bad idea when John McCain proposed it during the 2008 Presidential campaign and Barack Obama was correct to say it was a bad idea.

But now as President "Hope & Change" actually has to transcend his campaign rhetoric he has to figure out how to pay for nationalizing our health care system. What better way to do that than to continue the liberal destruction of the private health care industry?

Politicians never tell the American people the dirty little secret as to why health care in America costs so much but the truth is in "Government Greed." We constantly hear about how evil "Corporate Greed" is but nobody stands up to these politicians and speaks the truth about why their health care costs so much.

Here's a few reasons why.

1. Government policies mandating nobody be refused health care due to an inability to pay. (Add the millions of illegals in this country and that makes for a hefty bill.

2. Government policies that fix and set prices for drugs and health care services below market prices. As the government expands Medicaid and Medicare to more and more people, drug companies, doctors and hospitals have to make up the cost elsewhere and thus pass the cost on to you and your insurance company. (Let's also not forget the fixed prices other nationalized health care nations impose on our drug companies and medical equipment manufacturers, yes you make up the cost for nationalized health care in Canada and Europe as well. Wonderful isn't it?)

3. Government policies of not restricting punitive damages on torts. Again, you the private insurer have to make up the costs of medical malpractice insurance which has become so expensive it has forced many doctors out of business. (BTW John Edwards became a millionaire suing OB/GYNs).

All of these government policies are driving up the cost of our health care in this country and now Democrats and some RINO's (Republicans In Name Only) want you to pay even more for other people's health care. You the tax paying citizen already are making up the costs of the uninsured, fixed price ambulance chasing cost drivers that are making your health costs so expensive already.

And now President Obama wants to add another cost to your health care by forcing you to pay taxes on top of what you already pay in health insurance. How in the holy hell does Obama think this is going to make health care more affordable for Americans? The simple truth is, it will only make health care more affordable for his constituents which do not include you the private insured. This is nothing more than a government scheme to force people to give up private insurance in favor of government backed health care.

I've been to the government run hospitals in Europe and if you are the nostalgic type you will certainly enjoy the look and feel of health care the way it was 20 years ago.

The march towards socialism continues.

Monday, March 2, 2009

The Audacity of Socialism



The picture says it all. Here's to all the "hope and change" you can stomach.

Our markets are based upon capitalism and every rescue plan that has come out of Washington DC since October of last year has been based upon Socialism.

Now we have an ideologue for a President that is making the biggest push for Government run everything. He and his party are proposing:

--That the government electronically monitor every health record in America.
--That government put "smart" technology in every home to tax and monitor energy consumption usage.
--That the government put GPS devices in every car and tax when and where you drive.
--That the government subsidize our auto industry and dictate the wages of executives and the types of cars that are built.

Is it any wonder, moreover expected, that markets based upon Capitalism would rally or embrace Socialism?

Tuesday, February 10, 2009

Boy Tax Cuts Really Hurt Government Revenue

I keep hearing "corporate greed" and "tax cuts don't work" from all my progressive and liberal friends but I think they are confused.

1. Taxes are a function of government, not the economy except to take money that would have otherwise been spent by tax payers (individual and corporate)

2. I continue to hear that the George Bush Tax cuts caused our financial crisis but have yet have anyone explain to me the cause and effect.

I've also heard flat out lies about how cutting taxes hurt government programs and the people who benefit from them. It is simply not true. With our without tax cuts revenue to the US Treasury has steadily increased.

Don't believe me? Check it out for yourself.
http://www.whitehouse.gove/omb/buget/fy2009/sheets/hist02z1.xls



Look at big old greedy government. The lines in the graphs represent tax money that the government takes from you while we continue to hear how we should sacrifice even more as Government spending continues to increase.

Again, look at the graph and the amount of money that comes in. The trajectory is almost always "north east" with the exception of "Dot.com Bust"/recession of 2000/2001. Following that dip look at the utterly massive increase in tax revenue.

Yeah.. there was some greed going on during the satanic years of George W. Bush, but it wasn't corporate, it was the government pig taking more and more.

Now here we are at the apex of "government take" from its citizenry, and the private economy is hurting and our elected officials are demanding that to "fix" the economy the "take" must be even more.

The notion that tax cuts hurt government spending is baloney and joins its sister that taking more in taxes and government spending helps the economy.

I'm not buying it.