Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Thursday, May 07, 2009

Are You an Obama Winner? Or an Obama Loser?



Newt Gingrich has written an awesome evaluation about winners and losers in the Obama agenda for America.

To stoke your expectations some of the Gingrich points are: the Tea Party protests, the Chrysler bankruptcy, Cap and Trade, Closing Gitmo and the Obama standard for selecting a Supreme Court Justice.

JRH 5/7/09

Tuesday, March 31, 2009

Tuesday, December 23, 2008

Sacks: 10 Rules for the Future: An Obama Suggestive


Leslie J. Sacks sent an email of his December 17 post concerning Obama taxation and Government finance.

It is an interesting outlook. What do you think?

JRH 12/23/08


Thursday, July 31, 2008

Living to Fight Another Day


Senator Tom Coburn (R-OK) has been the leader in Congress to fight outrageous pork spending of the tax and spend Democrats. Coburn’s anti-pork spending agenda has even stepped on the toes of some of his fellow Republicans who view pork spending as a prize for their constituents rather than as irresponsible Congressional spending.

GetLiberty.org writes of Coburn’s anti-pork spending battle. Since I currently reside in Oklahoma I am happy to re-post GetLiberty.org’s piece on Senator Tom Coburn.

JRH 7/31/08

Saturday, October 27, 2007

Congress Passes Moratorium on Taxing Internet



All hail common sense of the Slanted Left and the Slanted Right: The Democratic Party controlled Senate passed a seven year moratorium on taxing the Internet. This goes along with a recent Democratic Party controlled House passing a four year extension on taxing the Internet. All that is left is for the House and Senate to get together and wrangle out an agreement on non-tax extension period.

In my opinion it is good news and bad news: the good news is a tax moratorium on Internet usage for a period of time; the bad news is the moratorium should have permanent.

Here is the
ccpga Yahoo Group I first read of the good news:

JRH 10/27/07
**********************


    VICTORY! Senate Extends Internet Tax Moratorium for Seven Years

    Fri Oct 26, 2007 11:25 pm
    ccpga Yahoo Group

    On Thursday night, the U.S. Senate passed a seven-year extension of the moratorium that prevents states and localities from imposing new taxes on Internet access and on the goods and services consumers purchase online.
    The Senate's action to extend the current Internet tax moratorium, which is set to expire on November 1, came approximately one week after the U.S. House approved a bill calling for a four-year extension of the tax ban. Both chambers of Congress will now have to negotiate a compromise on the length of time for the extension before the legislation can be sent to President Bush for his signature.
    CFIF activists sent more than 25,000 letters, e-mails and faxes to their Members of Congress on this issue during the last two weeks. Your willingness to make your voices heard was instrumental in ensuring this important victory for consumers.
    Thanks for your hard work!


______________________________


Here is a more detailed from Info World:

    Senate passes seven-year Internet tax moratorium
    Senate's Internet tax legislation makes changes to the House bill that are intended to protect e-mail messages and instant messaging from usage taxes

    By Grant Gross,
    IDG News Service
    October 26, 2007

    The U.S. Senate has passed legislation that would extend a moratorium on Internet access taxes for seven years, giving supporters hope that an extension will be signed into law before the current moratorium expires Nov. 1.

    The Senate late Thursday passed the seven-year extension on a voice vote. The moratorium would extend the ban on Internet-only taxes, such as access and "bit" taxes on information as it travels through a taxing jurisdiction. The Senate passed an amended version of a House of Representatives bill, the awkwardly named Internet Tax Freedom Act Amendments Act.

    The House passed a four-year Internet tax moratorium earlier this month. The two chambers will have to reconcile the two versions of the moratorium before sending the legislation to U.S. President George Bush to be signed.

    The Senate's seven-year extension represented a compromise between a group of senators, many of whom opposed an extension in the past, who wanted a four-year ban, and a second group that wanted a permanent ban.

    Senators calling for a four-year ban, including Thomas Carper, a Delaware Democrat, and Lamar Alexander, a Tennessee Republican, argued that a permanent extension would hurt state and local governments' long-term ability to raise money. Other critics of the ban have raised concerns that a permanent ban would give telecom providers the opportunity to press for tax-exempt status on services such as VOIP (voice over Internet Protocol).

    "This agreement is a common sense victory both for Internet users and for state and local governments," Carper and Alexander said in a joint statement. "It continues the moratorium on Internet taxation, avoids unfunded federal mandates on states and cities ... and allows Congress to revisit the issue after seven years."

    Supporters of a long-term ban say it encourages broadband adoption, and, by extension, helps drive the U.S. economy.

    Senator John Sununu, a New Hampshire Republican who pushed for a permanent moratorium, also praised the Senate's action. The amendment crafted by Sununu and Carper, in addition to extending the ban, made some changes to the House bill that were intended to protect e-mail messages and instant messaging from usage taxes, Sununu said.

    Some critics, including Senator Ron Wyden, an Oregon Democrat, had raised concerns that a Senate moratorium bill would open up e-mail and instant messaging to taxes.

    "This bill -- a drastic improvement over what came out of the House -- makes a clear statement that taxes on Internet access are wrong for consumers and wrong for the economy," Sununu said in a statement. "The Senate has made real progress in the name of Internet tax freedom, passing improved legislation that offers more certainty for this national and global communication network."

    Wyden, a long-time tax moratorium supporter, also applauded the Senate vote.
    The changes approved by the Senate will protect instant messaging and e-mail, including voice and video messaging services, Wyden said in a statement.

    "These services have sparked revolutions in our ability to communicate, bringing distant grandparents closer to their grandchildren and giving our soldiers in the field a more direct link to home," he added.

________________________


Senate passes seven-year Internet tax moratorium

Copyright © 2007. All Rights reserved. InfoWorld is a leading publisher of technology information and product reviews on topics including viruses, phishing, worms, firewalls, security, servers, storage, networking, wireless, databases, and web services.

Monday, June 04, 2007

Hilrya Rodhamovich Clintonov’s economic plan


Here is something from the Patriot Post written by Mark Alexander about Hillary Clinton. This is something every Conservative Republican should read. For that matter if there are truly any moderate Democrats out there, they should be aware of fringe Left Hillary’s plan for America.

Below is just an excerpt of the Hillary exposé on the June first Patriot Post. There are many more nuggets of Conservative tidbits you would be interested in.

JRH
*********************************


Hilrya Rodhamovich Clintonov’s economic plan


Mark Alexander


Patriot Post Vol. 07 No. 22 1 June 2007


Demo-gogue presidential candidate Hillary Clinton gave a little-noticed stump speech this week that should’ve sent up countless red flags.

By now, all of us know about Clinton’s re-warmed plans for socializing medicine, regulating healthcare services and providers and centralizing government control of about ten percent of the U.S. economy.

This week, however, Clinton went national with her classist “it takes a village” model, claiming that free-enterprise Capitalism is the root of all evil.

In a speech on “shared prosperity,” she proclaimed that it’s time to replace the conservative notion of an “ownership society” and economy with one based on communal responsibility and prosperity, alleging that the current system is really an “on your own” society that increases the income gap between “poor” and “rich” Americans.

Now, if Clinton is implying that individual initiative, self-reliance, responsibility and ingenuity—the very foundation of free enterprise—are the keys to creating wealth, then she is right. If she is implying that dependence upon the state and redistribution of income creates poverty, then she is right here, too—but that was not her message.

“I prefer a ‘we’re all in it together’ society,” she went on. “I believe our government can once again work for all Americans. It can promote the great American tradition of opportunity for all and special privileges for none.”

In a quintessential example of Clintonista doublespeak, Hillary outlined her economic fairness doctrine: “There is no greater force for economic growth than free markets, but markets work best with rules that promote our values, protect our workers and give all people a chance to succeed. Fairness doesn’t just happen. It requires the right government policies.”

So, according to Ms. Clinton, free markets work best when they’re constrained by the right government policies. In other words, free markets work best when they’re not free.

Apparently Hillary has also been smoking Fidel’s hand-rolled cigars. How else are we to account for her failure to recall that centralized economies, like that of the former Soviet Union, are doomed to fail and have cost millions of lives along the way?

Of course, Clinton’s allusion to “rules” is Demo-code for
taxation, which, as we know, is often the forcible transfer of wealth from one group to another. This taxation, in turn, creates reliable political constituencies for Democrats. As George Bernard Shaw once noted, “A government that robs Peter to pay Paul can always depend upon the support of Paul.”

Clinton’s economic plan is nothing more than a contemporary remake of Franklin Delano Roosevelt’s class-warfare proclamation: “Here is my principle: Taxes shall be levied according to ability to pay. That is the only American principle.”

In fact, Roosevelt’s “principle” was no more American than Clinton’s. It was a paraphrase of Karl Marx’s Communist maxim, “From each according to his abilities, to each according to his needs.”

Soviet dictator Nikita Khrushchev said of Roosevelt’s “New Deal” paradigm shift, “We can’t expect the American people to jump from Capitalism to Communism, but we can assist their elected leaders in giving them small doses of Socialism, until they awaken one day to find that they have Communism.”

Echoing that sentiment was perennial Socialist Party presidential candidate Norman Thomas (the grandfather, incidentally, of Newsweek Assistant Managing Editor Evan Thomas): “The American people will never knowingly adopt Socialism. But under the name of ‘liberalism’ they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.”

No irony was spared in another interview this week, when Hillary Clinton was asked about the enormous wealth that she and Bill have amassed since their co-presidency. Clinton replied, “My husband and I never had any money. Now suddenly we’re rich. I have nothing against rich people.”

“Never had any money”? Spare me. She and Bill were long ago cashing in on commodity futures and real-estate deals. Still, the wealth they have accumulated in recent years must make those good ol’ days seem Spartan by comparison.

Hillary claims that if elected, she will “hit the restart button on the 21st century and redo it the right way.” I checked, and the Clintons were in the White House the first year of the 21st Century. Did they push the wrong button then?

Only when the Clintons voluntarily surrender for redistribution all their assets to the U.S. Treasury will I then consider her economic views with at least the sincerity afforded one who is not a complete hypocrite. In the eternal interim, her Socialist “we’re all in it together” claptrap should be considered a perilous hazard to prosperity for all.

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Thursday, April 12, 2007

Flat Tax is Fair and Balanced


“Taxes:” In the days of the New Testament tax collectors were listed among sinners. History has shown taxation to be a necessary yet unpopular necessity to ensure a stable government performs its services.

In America an
Amendment to the Constitution was needed to initiate a permanent Income Tax. The XVI Amendment to the Constitution was ratified by the required amount of States in 1913. Thus began an ever burdensome tax code that was supposed to tax the wealthy and simplify taxation for Middle America and poverty America. This has not happened; indeed the tax code is so confusing that many Middle America are hounded by the IRS for Tax Evasion when the reality is Tax Negligence.

There are criminals that attempt to exploit the tax code; however in most cases these are the nefarious rich and career criminal trying to launder their money and hide it from the IRS. It is the Middle Class that gets hammered by the IRS. The Middle Class unjustly have their Constitutional Rights taken away as the IRS has the ability to seize assets (properties and bank accounts) without warning. If you made the mistake you are charged the actual tax plus penalties in interest. If the IRS made the mistake, you get an apology and you are out the time and money the IRS has cost you.

I sound a little bitter huh?

The Income Tax has evolved into one of the most unfair taxes for rich and poor alike. It is time for a FLAT TAX that assesses American citizens in a fair and balanced way. David Lazarus writes of such a
Flat Tax largely constructed by Alvin Rabushka and Robert Hall.