Archive for Taxes and Spending
2006 Elections Buy a 50% Bonus Tax
By Dave Funk 2006 was the year of Democrats. No doubt about it. One of the races Democrats won, by 8 points, was that of Rep. Peter Welch from Vermont. Today, America is again, seeing what kind of return they are getting on that risky investment. Rep. Welch announced that he will propose the Wall [...]
Stupid Spending
By Dave Funk As the US gross debt quickly moves towards $13 trillion the question must be asked – how much more can we handle? Most of you that are living from paycheck to paycheck are one crisis away from falling apart, whether that crisis is an unexpected broken water heater, a simple flat tire [...]
Boswell Doesn’t Like Healthcare Sweetheart Deals, But…
By Steve Schultz, OperationRedState.com According to an article posted at WHOTV.com Rep. Boswell was quoted saying “I don’t like it to be honest about it,” regarding healthcare bill sweetheart deals. Well thanks for being honest. A brief review from Politico.com: “Sen. Bernie Sanders (I-Vt.), took credit for $10 billion in new funding for community health [...]
Congress Taxing the Victims, Lining Their Pockets
Rep DeFazio of Oregon proposed a new trading tax that would essentially tax Americans EVERY time they traded in the stock market. This tax will amount to only one quarter of 1%, which at first does not really sound that bad, but what we all need to realize is that this tax applies on every [...]
“The States and the Stimulus” – Wall Street Journal
On January 2nd the Wall Street Journal posted an article about the States’ conditions “post-bailout” era. One year later the Whitehouse and Congress assured State Governors that bailout money would alleviate the decreasing revenue crisis many States were facing. As the WSJ put it, “Ten states have a deficit, relative to the size of their [...]
The Cost of Bureaucracy
By Steve Schultz, OperationRedState.com With the health bill that passed the Senate in a last minute desperate attempt to say they “did something”, there were changes that will take months to cover. One of which, of course, is the fee you’re going to have to pay if you are uninsured. You will be penalized for [...]
Bailouts and Congress now BFFs
With the recent House passage of the “Wallstreet Reform and Consumer Protection Act of 2009″ I’m assuming there are few in Washington that actually know what it does beyond allegedly reforming Wallstreet and protecting consumers. The WRCP actually seems to be the final nail in our financial system’s coffin. Since bailouts and stimulus bills are [...]
Job Growth with No/Low Real Industry Growth
By Steve Schultz, OperationRedState.com I am tired of hearing the buzzword “job growth” used in the same sentence as law enforcement, transportation and education. To preface this post I first must say that I do recognize and believe the absolute importance of education, law enforcement and transportation. They provide not only a valuable service but [...]
Open Letter to Rep. Boswell
An open letter to Rep. Boswell… As many of you know we are living in historical times. Historical, in that our budget deficit is $1,400,000,000,000, spending “pushed the 2011–2020 discretionary spending baseline $1.7 trillion higher than three years ago (National Review Online)” and Congress has approved more than 10,000 earmarks each year in the past [...]
How Congress Stole Our Grand Kids’ Future Christmases
On December 3rd, Congressman Boswell posted a YouTube video discussing the choices he’s had to make this year as we move forward into the Holiday Season. I cannot take this anymore. I am so disappointed with the results of a year of bad choices and reckless spending. Here’s why: Congressman Boswell voted for the American [...]