Showing posts with label MIDDLE CLASS TAX INCREASE. Show all posts
Showing posts with label MIDDLE CLASS TAX INCREASE. Show all posts

Monday, January 7, 2013

Home of the Enslaved

By: Terresa Monroe-Hamilton  -  the NoisyRoom

Millions of Americans got a nasty surprise this week in their paychecks. Their pay was effectively reduced due to the taxation football being fumbled once again by our so-called esteemed leaders in DC. Many Americans believed these politicians on both sides of the aisle when they claimed that they had to pass Obama’s mandate to raise taxes, because not to would be catastrophic. It would raise taxes on the middle class in the midst of a managed depression. Well, they passed the financial crap sandwich to avert the fiscal cliff and guess what? They raised taxes on the middle class. It was the middle class who makes $30,000 a year and up that was hit hardest. Not the wealthy, who were hurt very little if at all. This folks, was the Progressive elites sticking it to middle America to further fund their lavish lifestyles. And Obamacare hasn’t even really bit us yet – just wait. Some insurers this morning announced premium hikes of approximately 26%.

From Pat Buchanan:

The party that blocked tax increases since George H.W. Bush agreed to raise Ronald Reagan’s top rate of 28 percent to 35 percent, thus repudiating his “no-new-taxes” pledge, just signed on to one of the largest tax increases in history.

Payroll taxes on working Americans will rise by a third, from 4.2 percent of wages and salaries to 6.2 percent. For couples earning $450,000, the tax rate rises from 15 to 20 percent on dividends and capital gains, and from 35 to 39.6 percent on ordinary income. The death tax will rise from 35 to 40 percent on estates over $5 million.

Obamacare will push those rates up further. And now we learn the bill was stuffed with tax breaks for windmills, NASCAR owners and Hollywood.

Not only did they further enslave Americans and bleed them for more taxes, they didn’t cut spending AT ALL! They increased spending by about 3.9 trillion. What does it say about the nation’s finances when spending estimates can only be guessed to within the nearest 2 or 3 trillion dollars? I ask you, how long will America submit to this thievery and forced serfdom imposed on our citizens? What will be the tipping point? It could be any number of factors, but we are getting closer and closer to ripping our country apart. According to Bob Owens and Pat Buchanan, the seizure of arms will do the trick and they are right. According to Fox News and Mark Levin, the way both sides dealt with the fiscal cliff is a big step towards conflict and they are right as well. Just what does everyone think will happen when food stamps, social security, disability, pensions etc. stop, because there is no more money or money is worthless due to hyperinflation from printing? What do they think will happen when the government moves to confiscate our guns? (You think this is about protecting “the children?” Dream on.) It won’t be pretty in either scenario. Taxes, brought on the Declaration of Independence. The seizure of arms, sparked the American Revolution.

And it is not just Conservatives who have had enough, both sides are fed up with this government suppression:

Video:  Both Sides Are Fed Up with this Government Supression

Cramer who is by no means a staunch conservative, rants on about how Obamacare and taxes are affecting a wide range of American’s and their wallets:

Everyone who sat down with their accountants in the past 48 hours is dazzled, dazzled about what’s gonna happen. And I’m not just talking about the wealthy people, because we’re starting to talk about healthcare, small businesses — what they’re thinking about at the end of 2013.

This is nothing new. It seems every time there are hard times, there is a Progressive in office. Their solution is always to tax more, not cut spending. Build bigger government and more sweeping regulation to control America which stifles inventing and entrepreneurship. They further empower the IRS as a weapon and engage in criminal activity to line their pockets. Then at some point, a sane conservative comes in and cuts spending and taxes, and sanity and prosperity returns to America. Remember that Carter had a tax rate of 70% or so when in office. America really suffered until Reagan came in and eventually slashed the tax rate to 28% – America boomed. You saw the same thing with Calvin Coolidge, etc. We are running out of time for a true Constitutional Conservative to step forward and save us from the Progressive pit.

The ink has not even dried on the latest tax monstrosity and Progressives such as Maxine Waters and Nancy Pelosi are going down the French path calling for more taxes on the wealthy. Two points here… 1) The wealthy are not the ones being hurt by these rising taxes. They have shelters, etc. in place and they can always leave. 2) The Progressives are liars. They fully intend to crush Americans with these taxes and bleed every penny they can from us. And when the crash comes, they will be free to form a new and dictatorial government. As Michelle Malkin says: Elitism. Exemptions. Evasion. Watch for massive taxation that is on the way: carbon taxes, value added taxes, taxing by the mile for cars and on and on until these Marxist fiends are stopped. A patriot can definitely love his country and hate his government. Ask the patriots of ’76.

Our middle class is being absolutely destroyed and it is deliberate. Cloward and Piven is working and we stand by and just scratch our heads as the Progressives carry on their merry way towards the destruction of America. Soon there will only be the poor masses and the rich elite. Poverty and debt are rising in the wake of rising taxation. Food stamp usage is at an all time high and I contend there is real hunger in America now, behind the closed doors of our homes and soon in the streets. Employment statistics are a lie as is the stock market. Unemployment should be closer to 22 to 30% and the stock market is a Progressive fantasy. It won’t last. It can’t with the printing of money and the non-stop spending. We are broke and our debt will some come due with no way to pay the piper. You can bet our enemies are hungrily waiting in the wings. It’s hard to tell whether fiscal collapse or war will hit first, but they are the Progressive two-step anyway, always arriving in tandem during the reign of a Liberal.

America is under a Constitutional emergency. Our Constitution is being ignored and violated regularly. The government is assaulting us on so many levels, something, in the end, will have to give and that is what the Progressives want so they can bring the full weight and force of the government down on the majority of Americans. In closing, I will provide a warning to those who would be King from Bob Owens:

A nation with just 800,000 law enforcement officers and 3 million active and reserve military personal cannot easily defeat and enslave a free people armed with 300 million firearms, even if large numbers of the police and military didn’t walk away or switch sides to follow their oath to the Constitution instead of any given leader, as many assuredly will.

Retribution against those who would be responsible for such a conflict by attempting to undermine the Constitution is assured. They will face extra-judicial justice walking across the street with their families, or in a formal war crimes trial. Either way, their attempt at tyranny ends in death or prison… hardly what these would-be elites imagined for themselves as they planned to loot the remains of a once-powerful economic engine.

I have two words of advice for those that imagine they can subjugate the arsenal of freedom with the stroke of an autopen.

Tread carefully.

When patriots say, “Don’t tread on me…” they mean it. You cannot strip us of our Constitutional rights and not expect that we will defend the Republic. This is not the ‘Home of the Enslaved.’ This is the ‘Land of the Free’ and free men and women will fight as such. Tread carefully indeed.

Related:

Report: Obama cutting secret deal with banks because foreclosure probe is going badly

President Obama Signs Executive Order Allowing for Control Over All US Resources

Why Was a 2.3% ‘Medical Excise Tax’ Showing Up on Receipts from Sporting Goods Giant Cabela’s?

The Truth About The Fiscal Cliff In Simple Terms

“Tax The Rich” Thrown Out In Socialist France – “It’s Unfair”

Merry Christmas… Happy New Year – a (partial) list of Obamacare taxes, fees

$10 Million of Silver Lying in the Street

Guess Who Owes $1 Billion on a $100 Million Loan

CEOs Slam Fiscal Cliff 'Disaster,' Call For Specific Deficit Reduction Plan

Republican Senator McConnell rules out more taxes in fiscal fight

Donald Trump Slams GOP: How Would He Have Struck 'Fiscal Cliff' Deal? 

More Estate Tax Changes Could Follow Fiscal Cliff Deal – Forbes

Denny’s to charge 5% ‘Obamacare surcharge’ and cut employee hours to deal with cost of legislation

Just Seven Companies Offer to Finance Obama’s Inauguration

Big Business and Marxist Collusion – Bourgeois Socialism

Tuesday, August 4, 2009

'Not One Single Dime'? ... Yeah, Right!

Is Obama about to break a promise not to raise taxes on the middle class? Mike Huckabee sounds off to Greta.

While Candidate Obama repeatedly promised “NO” tax increases of any type for middle class Americans… for anyone making less than $250,000, both Geithner and Summers said it is too early to say… but they will do whatever it takes. Most Americans are saying, “How about stop spending, giving back the stimulus money that never made it to Main Street to fix the recession and no more huge expensive bills like Cap and Trade and ObamaCare…? which will only mean more debt and taxes.”

If you remember… Bush 41’s broken promise of “Read my lips, no new taxes” cost him re-election.

-------

This is a rush transcript from "On the Record," August 3, 2009. This copy may not be in its final form and may be updated.

GRETA VAN SUSTEREN FOX NEWS HOST: Tonight: Will President Obama raise taxes on the middle class? Now, that depends on who you ask. President Obama says no.

(BEGIN VIDEO CLIP)

BARACK OBAMA, PRESIDENT OF THE UNITED STATES: I can make a firm pledge. Under my plan, no family making less than $250,000 a year...

-- which includes a 98 percent of small-business owners, you will not see your taxes increase one single dime under my plan.

Not your income tax, not your payroll tax, not your capital gains tax, no tax. We don't need to raise taxes on the middle class!

You will not see your taxes increased a single dime. I repeat, not one single dime.

(END VIDEO CLIP)

VAN SUSTEREN: Well, that was the president, and over the weekend, Treasury Secretary Tim Geithner was far less concrete.

(BEGIN VIDEO CLIP)

GEORGE STEPHANOPOULOS, HOST, ABC'S "THIS WEEK": The president has said that taxes won't go up for any Americans earning under $250,000, but it doesn't appear he's going to be able to keep that promise if you're going to bring the deficit down.

TIMOTHY GEITHNER, TREASURY SECRETARY: George, again, we can't make these judgments yet about exactly what it's going to take and how we're going to get there. But the very important thing is -- and no one is going to care about this more than the president of the United States -- is for people to understand that we do not have a choice in the country...

(END VIDEO CLIP)

VAN SUSTEREN: White House economic adviser Larry Summers was asked about Secretary Geithner's comment. Does Summers think a new round of taxes is coming for middle-class Americans?

LARRY SUMMERS, WHITE HOUSE ECONOMIC ADVISER: There's a lot that can happen over time, but the priority right now -- so its never a good idea to absolutely rule things -- rule things out, no matter what.

(END VIDEO CLIP)

VAN SUSTEREN: Today, press secretary Robert Gibbs tried to clear up the confusion.

(BEGIN VIDEO CLIP)

ROBERT GIBBS, WHITE HOUSE PRESS SECRETARY:Let me be precise. The president's clear commitment is not to raise taxes on those making less than $250,000 a year.

(END VIDEO CLIP)

VAN SUSTEREN: So is the middle class going to get a tax hike or not? Former Arkansas governor Mike Huckabee joins us live. Good evening, Governor. And Governor, it seems that the president and his press secretary say no to taxes on the middle class, but then just yesterday, two of his cabinet secretaries are saying -- are suggesting something very different. So any idea what's going on?

MIKE HUCKABEE, HOST, "HUCKABEE": Well, Robert Gibbs had to dive on that grenade today because it was going off. And Summers and Geithner did the unthinkable. They spoke the truth. They said what everybody with a brain understands. You can't keep spending money like this and run up these deficits without at some point having to pay for it.

Tax revenues are down. The economy is hurting. People don't have jobs. When they don't have a job, they're not paying taxes. And at some point, the president is stuck with either having to do what he's been doing a lot lately, and that's breaking promises, or he's going to have to continue to tank the U.S. economy.

Now, what I think he ought to do is to start looking at ways, rather than buying everybody a car, is suspending the payroll tax for a particular period of time and putting that money into the hands of consumers so they can make the decision. That would make a lot more sense.

VAN SUSTEREN: Well, the Associated Press is reporting that we are in the biggest tax revenue drop since 1932, that individual income tax receipts, how the government feeds itself, essentially down 22 percent. Corporate income taxes down 57 percent. And we're spending like drunken sailors. That's not a very good recipe.

HUCKABEE: Well, I think it's a real insult to the drunken sailors. They don't spend more than they have in their pocket. And they don't spend out to, you know, their next 20 paychecks. We're spending out into the next millennium. And even the health care proposal -- when you hear how much this is going to cost, what they're not telling you is that the real cost factors come in years 11 through 20, not years 1 through 10. So the deficits are piling up, and Barack Obama's answer to that is, Let's pull out our wallets and spend some more money (INAUDIBLE) let's pull out the wallets of American taxpayers and spend some more money.

VAN SUSTEREN: What do you think the discussion's been in the last 24 hours here in Washington between the White House and Treasury secretary and Larry Summers?

HUCKABEE: My guess is that there was some woodshedding going on, just realizing that this really erupted in a very unpleasant way. All these members of Congress going home to recess, every time they show up at a town meeting, they're getting an earful. It's almost like they forgot who they worked for. They don't work for Nancy Pelosi. They don't work for Harry Reid. And they don't work for Barack Obama. They work for the American taxpayer, and the taxpayers are infuriated because they have enough sense to know that this spend-a-holism that we have seen is simply not working out. More Americans out of jobs. And Greta, at some point, if you're really strapped for cash, the first thing you do is you stop spending what you don't have.

VAN SUSTEREN: Well, what people don't realize, too, is that if we -- if we end up having to print more money, we're going to get a -- we're going to get an inflation. And some people think, Well, as long as I'm working, my wages are going to go up with the inflationary prices. The problem is, is that now that we're part of a global economy, is the rest of the world's not going to want to buy our prices at these -- buy our goods at these higher prices. So it's a much more serious problem, inflation, than even 25, 30 years ago when we had inflation.

HUCKABEE: It's a huge problem. You just mentioned that people don't want to buy our debts. We have pretty amazing things, the Chinese talking about a new monetary standard and not the U.S. dollar. These are unprecedented kinds of conversations taking place because people simply don't have confidence. Geithner went to Asia, tried to tell them that everything is fine, and they literally laughed at him when he tried to tell them that everything was just great with the American economy. That's a horrible situation for us.

VAN SUSTEREN: Governor, thank you. And don't forget to watch the governor every Saturday and Sunday night at 8:00 PM Eastern. And guess what the name of the show is? "Huckabee." I don't know how he got that name.

Posted: Daily Thought Pad