
How Much Do I Tax Thee? Let Me Count The Ways
by Joel Hendon(562)
Every day, even counting week-ends, something new hits the fan, much of which the country disagrees with. Let’s itemize a few of the latest. It hit the news today that Obama threw Israel under the bus before the United Nations General Assembly stating to the world that WE do not agree with Israel‘s continued construction on the west bank. This should sit well with the five and one-half million Jews who live here in the U.S. There are only a few thousand more Jews in Israel than in the United States. I would suspect that a number of congressional legislators would be somewhat unhappy with this also, because of their Jewish constituency.
The Democrats were warned by millions of conservatives before the election that this man did not have sufficient experience to serve as president. It seems that those warnings are exonerated each time he makes a speech before a foreign audience. Or gives the Queen of England an Ipod. Or when he dismounts from Air Force One, jogging down with his hands bouncing in from of him. I wonder if he is showing his agility, his hand balancing act or just his immaturity.
This has been an enlightening week. Before learning of the thing with Israel today, only yesterday did I learn of the collusion of a number of the members of the United Nations, including the U.S., who were advocating a coup attempt in Honduras to unseat a lawfully installed president after the military and the congress removed an unruly lawbreaker from the office and replaced him. I also learned yesterday of the audacity of the Health and Human Services to threaten a private insurance giant for speaking out against a health care bill, and speaking the truth.
They have lambasted all Americans who dissent against a socialist medical bill, or against billions of dollars in worthless spending. They have prepared the way for insufferable inflation and taxation on the poor, especially in so far as energy sources. Bills are under consideration to tax just about every consumable item, including possibly doubling, or even more, the price of gasoline. They’ve already raised taxes on tobacco to one dollar per pack of cigarettes. Also in place are projects which will continue to increase unemployment and increase deficit spending.
As we have reported before, waiting in the wings is a bill containing the cap and trade greenhouse gas bill, which places higher costs just about across the board. The users of coal will have to pay through the nose to purchase extra limits to their allotted quotas of emissions which will increase electrical costs, gas and oil consumers at all levels will feel the same increase. This is not imagination. This is recognized by the administration, but they are going through with it never the less. The entire world is looking to the U.S. to shoulder the majority of the load. It is true that we produce more due to our massive transportation and other energy needs. But others should have to reduce their pro-rata share. Beside that, these things are based upon the Al Gore mentality that the sky is falling. The world atmosphere has been cooling down now since 1998, eleven years and yet the man-made global warming advocates cannot see past the tips of their nose.
No new taxes for families under $250,000? This was a promise that presidential candidate Obama made and emphasized over and over. Here is a statement he made on September 18, 2008 in a speech in Dover, New Hampshire: "I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital-gains taxes, not any of your taxes." (emphasis mine-jh)
This was a round house statement which he should never have made. He had to know better and should have said more of what he meant. If he had left off the “any form of tax increase” and the “not any of your taxes”, he might have had a chance of hanging onto it. But anyone knows, or should know, that for all the expensive proposals in the waiting line, massive taxation will be required to avoid total destruction of this nation.
But when it came to the facts, his administration has already added some taxes which will affect the category of people to whom he promised the above. And many more are to come. Many more would have already come, had the economy not been in the sewer. Even the taxing democrats know full well that taxes at this point can only add to the depression of the economy.
But, the two new proposed health care bills each have a tax added to them which will affect some of the group he has promised not to add to their taxes. In the Senator Baucus proposal, middle class Americans can be hit directly by the excise tax levied on those who choose not to purchase health insurance. If you choose that route, it can cost you as an individual, up to $950 per year, and for a family, up to $3,800 per year. The president says that isn’t a tax but is, rather, a fine. It fits the bill as an excise tax. And in the text of Baucus’ bill is this statement on page 29: "The consequence for not maintaining [health] insurance would be an excise tax."
The House of Representatives version doesn’t mince words with this phrase: "tax on individuals without acceptable health care coverage." This bill is resting quietly in the House waiting to see the finished version of the Baucus committee bill.
Back in July of this year, before the town-hall meetings became rampant, House Democrats had plans to add a surtax of 5.4 percent to those people with annual incomes over $1 million. They also planned to add some additional income tax to those households with incomes over $350,000 per year. From these taxes they expected to gain $544 billion over ten years. That and the guessed at figure of savings from Medicare waste and fraud of $800 billion, they felt they could pay for this exorbitant medical reform program.
The results of all of this, for anyone who tries to rationalize it, simply means that the disabled and elderly care will virtually disappear while free insurance will be given to illegal aliens, abortions, youthful pregnancies and those who will not work. Care will deteriorate and costs will increase, if not directly, certainly indirectly. All of this expensive switching around can be avoided by allowing a full range of competitive insurance sources, stopping as much fraud and corruption as possible, placing an excessive profit tax on pharmaceutical manufacturers and enacting tough tort reform. All if this is anathema to the administration because these sources are where their contributions come from.
Article submitted Thursday, September 24, 2009 & read 199 times.
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» left by Marijo Phelps from mountain meadow CO (350 days ago.)
More Tea Parties? THANKS AGAIN for the write - we need to read more even if ulcers aren't compatalbe with life.Respond to this comment
