Category Archives: taxes

Powell calls for centrism, cares little for Liberty

Colin Powell called for a more centrist Republican party on Tuesday (May 5, 2009).  Whether Powell is a dupe or a closet statist isn’t clear yet, but it looks to be the later.

Mr. Powell, when you cave in on principles and on the defense of liberty you lose.  Perhaps you didn’t realize you were fighting for the freedom Continue reading Powell calls for centrism, cares little for Liberty

Arlen Specter the Hypocrite

Copying another well known hypocrite – Jim Jeffords from Vermont – Arlen Specter abandoned his principles in order to retain power.  Well, he never really had principles except being power-hungry, so it was difficult for him to abandon them, but he choose the only route he could to try to maintain his tenuous grip on power but lost his slight remaining grip on reality in the process.

After stating he would not switch parties in a March 17, 2009 interview, today he said he would switch parties:

[Democrats] are trying very hard for the 60th vote. Got to give them credit for trying. But the answer is no. … I am staying a Republican because I think I have an important role, a more important role, to play there. The United States very desperately needs a two-party system. That’s the basis of politics in America. – March 17, 2009

You have to hand it to him, he values POWER over your lives and mine over anything else.  Hope he enjoys it for the next 18 months.  A disgraceful end to a disgraceful political career.

If you wish to read about Arlen Specter’s opponent, Pat Toomey, you can do so here.

cap-and-trade is a tax — and it’s a great big one

Finally some honesty from Democrat Rep. John Dingell:

Nobody in this country realizes that cap-and-trade is a tax — and it’s a great big one, Rep. John Dingell (D-Michigan) said Friday, April 24, 2009, 11:41am ET

Actually, a ton of people realized that it was a BIG TAX.  At least 48% of the country knows it which is why we’ve been calling it “Cap and Tax” all along.

Tea Party Slogans

Some of the signs from the tea parties across the United States earlier today:

Spread my Work Ethic, not my wealth!

Change…giving freeloaders some of what YOU have worked hard for!

Help me Obama, They want me to work and stuff!

Cut taxes, not deals

What part of “limited powers” do you not understand?

It’s my birthday, and all Obama got me was more debt!

It’s my birthday, and all Obama got me was more taxes!

Why make a corrupt government even BIGGER?

Why should I pay for your bad decisions?

Party like its 1773

Obamanomics – Trickle up poverty

Term Limits for Congress!

A government that robs Peter to pay Paul can always depend on the support of Paul. George Bernard Shaw

No tax cuts for non-taxpayers!

Cut taxes, NOT more deal$

Freedom Works! Continue reading Tea Party Slogans

Economic Advice

Since the White House seems to be in need of economic advice, here are a few suggestions that would help to turn things around quickly.  Items #1 and #2 would not cost anything.

1. Eliminate Mark to Market – for people holding until the asset matures, mark to market is crazy.

2. Reinstate the uptick rule in order to restore some balance to the market.

3. Instead of spending more than $1.2 trillion on questionable projects, much of which won’t be spent for years, stop collecting income taxes for 2009.  Federal Revenue in 2007 was approximately $2.5 trillion with individual income taxes making up a bit over 40% of that.  So, drop the stimulus and put the money right back in everyone’s pocket this week.  Save $200 billion, and let the citizens of the company keep their own money.

4. Talk about some of the positives: lower fuel costs, productivity and the like.

American Diabetes Association says Obama’s tax increase is “only 5%”

The American Diabetes Association called me today, “not to ask for money.”  In the course of the conversation, the lady from the American Diabetes Association said that Obama’s tax increase is “only going to be about 5%.  It’s not that much.”

My mother died of pancreatic cancer and I generally do support charities that deal with diseases of the pancreas (including being on the founding board of PanCan), but since the American Diabetes Association thinks that it is “not that much” they’ll be the ones who realize that the “not that much” comes out of their budget.  But since it is “not that much” the American Diabetes Association won’t miss it.

When a charity calls today, this is what I am going to say when they ask for money:

Oh, didn’t you know that we have a new President in Washington?  I suggest that now that he has declared that he is the best person to decide who “needs” the money more that you and I call the White House and see if you can beg from them.  His tax increases are taking my charitable donations.  The choice is simple: vote freedom or statism/socialism.

Now, I’ll still be donating, but it will be to charities that (a) support freedom, and (b) don’t sit at the trough of the federal government claiming handouts from the rest of us at the point of a gun.

Obama will tax the ‘blackest/whitest” 2%?

Imagine if President Obama proposed taxing the blackest or whitest or gayest or straightest or most religious 2% of all citizens at a higher rate than the rest of the population.  Would anyone stand for picking on a minority like that?  Would anyone stand for singling people out like that?

Now replace blackest/whitest/gayest/straightest/most religious with something like “most talented” or “most successful” and no one has a problem with it.  

So much for the concept of equal treatment under the law.  So much for equality.

Freedom is endowed by our creator, every person’s right, and results in the most efficient system available.  Increased government control limits your freedom and eventually it will limit it enough that you have none left and it will be too late to respond.