Articles tagged as

Taxes

Do Students Like Re-Distribution or Not?

In what may well be the best independent video I have seen in a while, some savvy college students ask their peers (typical tax the rich types) if they would sign a petition. The plan? Redistribute GPA points from the high achievers so that other students can use them to pass classes they are doing poorly in.

Bernanke’s Bender

Bernanke sober- or so it seems(Note:This arrived in my mail box unattributed, but I have discovered that it is from The Onion.  I have edited any questionable language by replacing letters with asterisks.  This image is not associated with the article at The Onion.)
 
SEWARD, NE—Claiming he wasn’t afraid to let everyone in attendance know about "the real mess we’re in," Federal Reserve chairman Ben Bernanke reportedly got drunk Tuesday and told everyone at Elwood’s Corner Tavern about how absolutely f****d the U.S. economy actually is.
 
Bernanke, who sources confirmed was "totally sloshed," arrived at the drinking establishment at approximately 5:30 p.m., ensconced himself upon a bar stool, and consumed several bottles of Miller High Life and a half-dozen shots of whiskey while loudly proclaiming to any patron who would listen that the economic outlook was "pretty goddamned awful if you want the God’s honest truth."
 
"Look, they don’t want anyone except for the Washington, D.C. bigwigs to know how bad shit really is," said Bernanke, slurring his words as he spoke. "Mounting debt exacerbated—and not relieved—by unchecked consumption, spiraling interest rates, and the grim realities of an inevitable worldwide energy crisis are projected to leave our entire economy in the sh****r for, like, a generation, man, I’m telling you."

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THE SHRILL KATHY And Her Bill O’Brien Rant

“Government does not solve problems; it subsidizes them.” ~Ronald Reagan

Shrill_Kathy_Chronicals_Grok.jpg

When one reads the Shrill Kathy’s latest diatribe in the Union Leader, there is one theme that plays like a broken record: Tax, Tax, Tax…Spend, Spend, Spend.  The Shrill Kathy complains, “a 10-cent cut in the cigarette tax, did not change prices for smokers because the tobacco companies raised their prices…” I think I missed something because the former argument of the day was that the tobacco tax reduction would increase youth smoking. So, now here’s Kathy Sullivan arguing the ill merits of a tax typically inflicted upon Granite Staters who earn the least….a tax on the poor…which of many, smoke.

Next, the Shrill Kathy complains that, “House budget writers ignored every signal that the federal government was about to impose a $35 million penalty for Medicaid errors dating back to the Benson administration…” adding that, “Their irresponsibility has caused a gaping hole in their ballyhooed ‘balanced budget’.”  How conveniently she ignores the fact that her beloved Democratic party, led by Teri “Billion-dollar deficit” Norelli had two full terms to reconcile and fix this issue, but did not do so. Instead, they created more layers of government, increased over one-hundred fees and taxes and put into motion record unsustainable budgets, creating the fiscal mess this state now faces.

The Shrill Kathy whines, “New Hampshire hospitals are laying off hundreds of employees because O’Brien and his Republican colleagues took away federal money that had paid hospital costs for the poor…” Yet it hard to ignore the countless millions of construction dollars hospitals are using to competitively outspend one-another in an unquenchable drive to be better than the next facility.  Now that the Democrats have created yet another constituency cash cow that becomes as angry as any other when bloated coffers are not being filled, The dependable Shrill Kathy is all too willing to step into the limelight and pimp their cash loss off onto the poor. Isn’t it about time we stop the demagoguing and manipulation of the less fortunate? Let’s be honest here; You don’t really care about poor people, Kathy.

Mayor Gatsas is no different than any other cash cow constituent, be it Republican or Democrat. Every entity that gets some form of funding for something from the state or federal government cries, cut theirs…but NOT MINE!  Cuts made to the at-risk juvenile program, shows no indication of any highly-paid hacks taking any pay cuts or losing their jobs. Nope! self-preservation trumps program delivery.

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Meet Bob “Bathroom Bill” Perry (Reprise)

With the Strafford 3 special election tomorrow, I thought it fitting to revisit this post about democrat Bob ‘Bathroom Bill’ Perry.  His voting record epitomizes what the left is and wants for you and your children.  You must not forget what they stand for.

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It isn’t just the taxes that is a wet blanket on the economy

The estimate is that our Govt has placed an additional cost, via regulations, of $1.75 Trillion.  It is also clear that the Obama Administration has no problem in adding more and more: (H/T: Big Government) Even as GE’s CEO Jeffrey Immelt tried to tell other CEOs to start hiring (he is an economic advisor to … Read more

Data Point – who has more money in the bank?

US Government operating cash balance: $73.8 Billion. Apple?  $76.3 Billion. It seems that private industry, having to watch over their own money, can be more "successful" than Government at watching its money.  Imagine that; while Apple is among the most successful companies in the world right now, our elected politicians and bureaucrats have now shown … Read more

A Brief History of President Obama’s Fiscal Record

A Brief History of President Obama’s Fiscal Record

Setting the Record Straight
July 15, 2011

 
 

Despite newfound concern with the debt overhang stifling economic growth, President Obama’s record falls far short of his rhetoric.  Let’s review the decisions made by President Obama and Congressional Democrats over the past couple of years, and the disappointing results of their policy choices:

January 20, 2009 
President Obama sworn into office

  • President tells the American people in his Inaugural Address: “Those of us who manage the public’s dollars will be held to account, to spend wisely, reform bad habits, and do our business in the light of day, because only then can we restore the vital trust between a people and their government.”

  • Debt Held By Public = $6.31 trillion

February 17, 2009
President Signs into Law the Spending Stimulus

  • The stimulus adds $821 billion in new spending according to the Congressional Budget Office (CBO).

  • The White House promises this infusion of spending and borrowing would keep unemployment rate below 8%.  As millions of Americans are painfully aware, that promise was broken.

  • Debt Held by Public = $6.48 trillion

February 26, 2009
President Issues FY2010 Budget

  • The President’s budget adds $2.7 trillion in new debt in FY2010 and imposes $1.4 trillion in new taxes.

  • Debt Held by Public = $6.58 trillion

March 11, 2009
President Signs FY2009 Omnibus Appropriations Act

  • The massive spending bill includes 8,696 earmarks at a cost of $11 billion.

  • The spending bill adds $19 billion in new spending above the baseline – an 8.6% spending increase.

  • Debt Held by Public = $6.66 trillion

April 29, 2009
Congressional Democrats Pass FY2010 Budget

  • The Congressional Democrats’ budget calls for a $2 trillion debt increase in 2010, and another 8.9% increase in non-defense discretionary spending.

  • The reconciliation process is abused to later pave the way for health care overhaul to be jammed into law.

  • Of note: this is the last time Congressional Democrats will bother budgeting.

  • Debt Held by Public = $6.85 trillion

continued on the jump…

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GSFTC Member Organization Spotlight -NH Citizens Alliance

There are a number of groups that the Left wing Granite State ‘Fare’ Tax Coalition highlights on it’s web site.  It’s your typical collection of "non-non-partisan" interests like the State Employes Union of NH (That’s the local SEIU 1984). The AFSC-which is the NH Chapter of a global leftist movement supported by all the nicest left wing foundations.  The League of Women Voters of course.  And there is even a who’s-who of left wing, NH social justice churches and their political arms, all promoting socialist activism and statist policy from the pulpit down to on the ground left wing activism.Socialism- Making everyone poor...

All of these groups warrant, and will receive, a proper vetting, but today I would like to focus on a special cog in the leftist machine of the so-called non-partisan GSFTC, one that happens to be very active in New Hampshire on its own; the NHCA.  The NHCA is the New Hampshire Citizens Alliance.  (You may remember their executive director, Sarah Chaisson Warner?  She received some unwanted attention after some remarks she made back in March of 2010. See also Here from the NHTPC.) The New Hampshire citizens alliance is…(drum-roll please)

…a statewide nonprofit, nonpartisan organization devoted to social, economic, and political justice.

A Non-partisan organization devoted to social, economic, and political justice?  Too bad that’s just not possible.  There are no right wing groups seeking these ethereal ends.  These are buzz-words, Orwellian constructs, created by statist agenda-driven socialists to mislead people.  So the NHCA couldn’t be "non-partisan" if they tried. But you don’t have to take my word for it.  Just look at who they associate with and what they support.

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The Very Partisan Granite State Fair Tax Coalition Part II

GSFTDNC%202.jpgThe Granite State Fair Tax Coalition (GSFTC–Greedy Socialists Frisking TaxPayers Cash) is a partisan non-profit, which for years has insisted it is a non-partisan group advocating an income tax in New Hampshire.  But the GSFTC is non-partisan the way MSNBC is.  They use the dark side equivalent of the Jedi mind trick.  ‘The force can have a strong influence on the weak minded.” And while there is nothing wrong with being a left wing partisan group, started by a social-justice driven religious organization, to advocate for a top down income tax, there is something wrong with acting like this is a non-partisan effort.

Our first look at the partisan make up of the GSFTC (God Says Fleece Taxpayers for Christ) was a rundown of their advisory board.  This revealed a panel of progressive and left wing water-carriers, who provide cover and material support for a specific leftist agenda: a state income tax.   They are democrats and democrat supporters, willing to use class warfare and a faux-morality-cum-guilt complex media campaign, to advocate for that state income tax.  Fish swim, birds fly, democrats spend and so must tax.  To insist they are non-partisan suggests a mental state that is non compos mentis.  Or to be a bit more colloquial; They are just a bunch of typical leftists.

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Dangerous Democrats

Obama and the democrats can let Iran build nukes because it is a no-lose situation for them. Inaction is action. If by chance Iran does not nuke up, they will take credit. If it does, and then kills millions, they will blame George Bush, or obstructionist Republicans.

Really Getting it Straight on Right to Work

To the Editor:

It is too bad that Rob Azevedo’s entertaining article in The Citizen on June 29th,  “Getting it straight on Right to Work” misrepresents the proposed New Hampshire Right to Work law and vilifies the TEA Party people who support it.  

Right to Work (RTW) is not about union busting, not about lowering wages, not about working hard, not about keeping people from forming or joining unions.  RTW is about the same thing Americans fought the Revolutionary War for, Liberty.  

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Bar Stool Economics

Left wing tax policy and the class warfare rhetoric they use to advance it crumbles in the face of even the most simplistic analysis.  Take the left wing war on the wealthy.  They argue that the rich do not pay their fair share even though the rich pay most of the taxes.  Here in New Hampshire the Mark Fernald wing of the democrat party apes this ridiculous technique on the matter of New Hampshire property taxes, a notion upon which the social justice mavens and the Granite State "Fair Tax" Coalition are meant to agitate.  But neither claim holds water and this cross post from CNHT explains why.
 
Bar Stool Economics

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100 and If they paid their bill the way we pay our taxes, it would go something like this:
The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.
So, that’s what they decided to do.
The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve.

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Manchester Needs a ‘Full-Time Refugee” Coordinator?

Liberals love to spend money. No doubt about it. Especially when the money they are spending taxpayer money. Despite tough economic times for the rank and file taxpayer, City Hall liberals are still crafting ways to generate new spending in an effort to expand the almighty nanny-feifdom of city government.

Is The Granite State Fair Tax Coalition Just Another Left Wing Front Group?

 

The Granite State Fair Tax Coalition claims to be a non-partisan, non-profit group whose mission is to convince the people of New Hampshire that we need a broad based income tax.

What that works out to is using percentages and formulas with a focus on deception, misdirection, and Alinsky-like class warfare rhetoric, to corral (see also ‘Guilt’) enough support to dismantle a system that for years has made the state of New Hampshire one of the best places to live and work in the nation; for quality of life, low overall tax burden, health, safety, low crime rates, job opportunity and freedom.

You might ask yourself why someone would start a non-profit to mess with that kind of success?  What kind of crank sees a state ranking on top in almost every category and decides, let’s mess that up?  The answer? Democrats and social justice junkies who can’t advance a a massive and nearly irreversible spending agenda without a broad based tax.

So to get to Moscow on the Merrimack the partisan, left leaning, New Hampshire Council of Churches formed what is now known as the Granite State Fair Tax Coalition (GSFTC). It is run to this day by social justice-activist clergy and radical leftists and progressives ‘attracted to the idea’ of pretending an income tax would not ruin the New Hampshire Advantage.

Of course the only people it “attracted” were tax and spenders.

There is not one person on their staff, their advisory board, or leading their list of affiliated groups that is not either a democrat, working for the democrat social-justice agenda, or who is not a large dollar donor to democrat candidates or causes.  How you can possibly claim to be ‘non-partisan’ under these circumstances defies belief, yet they continue to make that claim and it is time to call them out on it.

My mission here, and in posts to follow, is to show you who runs this scam so that you can grasp what their real motivations are.  To grow the size and reach of government by defining ‘fair’ to mean more taxes and more spending on the radical left wing agenda.

Part I  The GSFTC advisory Board: “More Progressives than you can shake a stick at.”

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How Much Is Enough? (And Other Problems With Left Wing Policy)

How much Is EnoughWhy can’t democrats trust their own constituents to do the right thing?  Their first response to every problem is to institutionalize it with more government, typically as far up the legislative food chain as possible.  That means as far away from you as they can manage, even to the point of giving control to unelected bureaucrats you can’t punish, just to keep you from messing with it.  They entrench it in a bureaucracy, make it impossibly inefficient and expensive and then refuse to let anyone touch it ever again, while charging you more and more to maintain it.

The only reason I can think of for that kind of knee jerk behavior is that Democrats use themselves as the template for the rest of us. The left by their very nature must be selfish, insecure, inconsiderate and un-trusting. Only people so un-giving of themselves or simply incapable of volunteering their time and energy would have to mandate volunteerism and "giving" by legalizing the taking of other peoples time or property through mandates.

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No New Jobs? It’s no mystery!!

President Obama, Fed Chairman Bernanke, Secretary Geithner, and the President’s economic advisers can’t understand why our economy isn’t creating jobs.  It is no mystery to me or, I suspect, to anyone who has created, run, or even seriously thought about running a business.  Unfortunately there is little business experience in the Obama administration.  

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Geithner Can’t Justify Doing That

I’m not sure which is worse. The fact that Geithner thinks we need to do this at all, or the fact that he seems to believe that what he says is in any way moral or that it will, as Mr. Geithner claims to believe–improve growth. Growth of government and taxes yes, but nothing else grows.

Rent-seeking is generally companies sucking up to Govt; what do you call it when our Govt goes rent-seeking to OTHER countries’ Govts?

"The question we ask today is not whether our government is too big or too small, but whether it works — whether it helps families find jobs at a decent wage, care they can afford, a retirement that is dignified."            – President Barack Obama, Inauguration, 1/20/09   I know that lots of companies use their … Read more

Another Whack at RGGI

..what I find particularity perverse is that “Republican” Senators in New Hampshire could be tying themselves to the Massachusetts compromise as the tipping point at which staying in RGGI would then no longer make sense.

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