Category Archives: taxes

Economic Patriotism…?

Burger King - Tim Hortons

This whole ridiculous furor over Burger King (or ANY company which is merely trying to survive right now) is a classic example of ignoring the message and “shooting the messenger”….

A Heapin' Plate of Conservative Politics & Religion

By Tom Quiner

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The Obama years have produced a whole new dynamic when it comes to the way we view the economy.

Team Obama sees two economies that compete with each other: the public economy vs. the private economy.

The public economy, which is funded by taxpayers, has historically been viewed as the servant of the private economy. No longer.

The president makes it clear to entrepreneurs, innovators, and small business owners that they “did not build” their businesses or invent their inventions by themselves. They need to give equal credit to the public economy.

The patent office deserves just as much credit as Edison for inventing the light bulb, goes the thinking.

As Mr. Obama tends to do, he pits groups against each other, in this case, the producers against the bureaucrats. He makes it clear his desire to redistribute resources from those who earned it in the private…

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“Happy” – (Remy’s Tax Day video)

No IRS

Happy Tax Day, gang!!

Before you watch Remy’s brilliant (as usual) remake of the Pharrell Williams hit “Happy”, you might want to check out a couple things first: 

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How the Government *protects* our Tax money: “Spend it or Lose it!!!”

From the group Bankrupting America comes one of the better satire videos in recent memory. A tremendous send-up of NBC’s ‘The Office‘, they’ve re-imagined it as a “normal” Federal Government agency: the “Department of Every Bureaucratic Transaction”, or D.E.B.T..

waste your tax moneyAfter you watch the clip below, make sure you stop over at their website. It covers the everyday waste going on in all areas of our government, and how irresponsible behavior is consistently rewarded. It’s chockablock with other videos, graphics and articles, so take your time looking around.

***NOTE: This video currently has about 10,000 views on YouTube right now. From what I’ve seen, your average cat video can get 30,000A subject THIS important needs to generate waaay more than that.

Just sayin’…

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Obama: “There’s NO smart way” to make these cuts

Government spending

Our President wants us to know one thing: we can never, ever, ever reduce Government spending, in any way. We simply can’t.

Ever.

Capiche?

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The New York Times Calls (again) for Higher Taxes on Middle-Class Americans

A solid post highlighting one of the MSM’s most ubiquitous narratives:

“there’s nothing wrong with our country that Taxing-The-Rich can’t cure”.

tax-rich

International Liberty

All statists want much bigger government, but not all of them are honest about how to finance a Greek-sized welfare state.

The President, for instance, wants us to believe that the rich are some sort of fiscal pinata, capable of generating endless amounts of tax revenue.

Using IRS tax data, I’ve shown that this is a very inaccurate assumption. And I’ve also used IRS data to show the President that there are big Laffer-Curve effects when you try to rape and pillage high-income Americans.

Heck, even the Europeans have realized that you can only squeeze so much blood from that stone.

Notwithstanding the misleading rhetoric from the Obama Administration, there are some honest folks on the left who understand and acknowledge that you can’t have bigger government unless you put ordinary people on the chopping block.

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The Idiocy of Tax “Fairness” (w/ video)

It appears that President Obama is committed to taking our country over the Fiscal Cliff. We’ve covered what the fiscal cliff IS already, so I won’t rehash it here. Instead I wish to simply review, again, the inherent problems with the President’s proposal.

First of all, here’s what it looks like:

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(CLICK image to enlarge)

Obama and the militant Left want to punish the wealthiest Americans by making them pay the ultimate nebulous amount: “their fair share”. However, such a combination of new taxes & add’l spending will result in that “fairness” costing our economy $1.61 TRILLION.

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Math made easy: (Obama + Fiscal Cliff = we ALL lose)

This just in: 42% of Americans are idiots.

Whoa, that’s just a tad harsh, you say? Give me a couple minutes and I’ll explain what I mean.

Lost among the election results and the sex-scandal aspect of Benghazi is a very real disaster: the Fiscal Cliff is coming. If you aren’t up to speed on that term, let me explain quickly. “Fiscal Cliff” refers to a 1-2 combination of HUGE tax increases and deep spending cuts:

  1. The tax increases would roll back our current tax rates (aka: the “Bush Tax cuts”) which have been around for a decade, having been passed in 2001 & 2003.
  2. The spending cuts will gut the defense budget, and are the result of the budget sequestration deal negotiated in 2011.

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TAXMAGEDDON (Be afraid; be very afraid…)

I abhor repeating myself, but some things bear repeating.

Therefore, I’m once again linking a brief description from Heritage.com on the imminent threat of Taxmageddon, which is the half-trillion-dollar tax tsunami slated to hit our shores in January, 2013. Also included is a new, bold, easy-to-understand graphic.

If you like paying more of your income in taxes, you’re simply gonna love this.

There is only one way for us to avoid this, boys & girls….and giving Obama 4 more years ain’t it.

Please share.

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Taxmageddon Is Huge – 

  • Unprecedented Tax Hike For 2013: Starting January 1, 2013, Americans will face a $494 billion tax increase, the highest ever in one year. Obamacare’s tax increase over 10 years barely edges ahead of Taxmageddon at $502 billion. The average American household would see its taxes rise by $3,800 in 2013 alone. And this is just for one year. Taxpayers would see even higher tax hikes in succeeding years.
  • Expiring Tax Cuts and Obamacare’s New TaxesAlmost 34% of the tax increases from Taxmageddon come from the expiration of the 2001 and 2003 Bush tax cuts. Another 25% comes from the expiration of the payroll tax cut. Most of the remaining increases come from Obamacare, notably from the start of the hospital insurance 3.8% surtax on all forms of income over $250,000.
  • Taxmageddon Hits the Middle ClassTaxmageddon falls primarily on middle- and low-income Americans. That’s because 60 percent of the Bush tax cuts went to middle and low-income taxpayers. The expiration of the patch on the Alternative Minimum Tax (AMT) will cause these taxpayers to pay a tax they were never supposed to be hit with, and the expiration of the payroll tax cut is a tax hike almost exclusively on middle- and low-income families. That’s just the direct impact. Americans at all income levels will feel the pain of Taxmageddon because it will slow job creation and wage growth.

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UPDATE: Please see a friend of ours’ post on this, as well.

BLACK METTLE:  100 DAYS UNTIL TAXMAGEDDON