Showing posts with label Obama budget plan. Show all posts
Showing posts with label Obama budget plan. Show all posts

Friday, September 30, 2011

WHAT'S FAIR ABOUT TAXING THE RICH EVEN MORE?

I know you are sick of these figures by now.  I know I am.  But the Libtard Democrats who get their twisted economic facts from Media  Matters, MoveOn.org, The Daily Kos, fat blowhard hypocrite Michael Moore, MSNBC, etc, etc. keep sending me pretty, distorted charts, graphs and tables explaining how the rich aren't paying their fair share and how the great (in his own egocentric mind) Liar-in-Chief is doing such a great job in running (or ruining?) this country, that I am compelled to take the time to spell it out again for their benefit.  So here goes:

 The top 1% of taxpayers earn about 20% of the income but pay about 38% of all revenues.  GOT THAT?  For the top 10% of taxpayers, they pay around 68% of all federal income taxes. GOT THAT?  The bottom 47%  of eligible taxpayers pay nothing.  GOT THAT!  I'll repeat...NOTHING!

Now let’s look back into the history books and see exactly how much those evil rich people have paid in taxes over the years.  These numbers come from Stephen Moore, a senior economics writer for the WSJ editorial board and a policy analyst for the Cato Institute and the Heritage Foundation.  He says ..

    "In the early 1960s, the highest marginal income tax rate was a stunning 91 percent. That top rate fell to 70 percent after the Kennedy-Johnson tax cuts and remained there until 1981. Then Ronald Reagan slashed it to 50 percent and ultimately to 28 percent after the 1986 Tax Reform Act. Although the federal tax rate fell by more than half, total tax receipts in the 1980s doubled from $517 billion in 1981 to $1,030 billion in 1990. The top tax rate rose slightly under George H. W. Bush and then moved to 39.6 percent under Bill Clinton. But under George W. Bush it fell again to 35 percent. So what’s striking is that, even as tax rates have fallen by half over the past quarter-century, taxes paid by the wealthy have increased. Lower tax rates have made the tax system more progressive, not less so. In 1980, for example, the top 5 percent of income earners paid only 37 percent of all income taxes. Today, the top 1 percent pay that proportion, and the top 5 percent pay a whopping 57 percent."

Wow, those rich people sure have been “getting away” with not paying more taxes as the years go by.  Meanwhile, the bottom 47% of our population pay NOTHING!  How is it “fair” for some to pay 38% in federal income taxes while some do not pay anything at all?  So quit whining, Libtards, and start focusing on getting them to start contributing SOMETHING to help the economy.
.

Tuesday, May 17, 2011

TAX THE RICH! TAX THE RICH!

 IF ALL THE WEALTH IN THE WORLD WERE CONFISCATED IT COULDN'T HELP OBAMA OUT OF THE ECONOMIC MESS HE'S CREATED!  Watch this video and see how ridiculous these Liberal Dem wasteful spenders are in corrupting the country.



.

Wednesday, May 11, 2011

OUTRAGEOUS GOVERNMENT PROGRAMS THAT SHOULD BE ELIMINATED

These are wasteful spending programs that the House has proposed cutting.

* Corporation for Public Broadcasting Subsidy. $445 million annual savings.
* Save America 's Treasures Program. $25 million annual savings.
* International Fund for Ireland . $17 million annual savings.
* Legal Services Corporation. $420 million annual savings.
* National Endowment for the Arts. $167.5 million annual savings.
* National Endowment for the Humanities. $167.5 million annual savings.
* Hope VI Program.. $250 million annual savings.
* Amtrak Subsidies. $1.565 billion annual savings.
* Eliminate duplicative education programs. H.R. 2274 (in last Congress), authored by Rep. McKeon, eliminates 68 at a savings of $1.3 billion annually.
* U.S. Trade Development Agency. $55 million annual savings.
* Woodrow Wilson Center Subsidy. $20 million annual savings.
* Cut in half funding for congressional printing and binding. $47 million annual savings.
* John C. Stennis Center Subsidy. $430,000 annual savings.
* Community Development Fund. $4.5 billion annual savings.
* Heritage Area Grants and Statutory Aid. $24 million annual savings.
* Cut Federal Travel Budget in Half. $7.5 billion annual savings
* Trim Federal Vehicle Budget by 20%. $600 million annual savings.
* Essential Air Service. $150 million annual savings.
* Technology Innovation Program. $70 million annual savings.
* Manufacturing Extension Partnership (MEP) Program. $125 million annual savings.
* Department of Energy Grants to States for Weatherization. $530 million annual savings.
* Beach Replenishment. $95 million annual savings.
* New Starts Transit. $2 billion annual savings.
* Exchange Programs for Alaska , Native Hawaiians, and Their Historical Trading Partners in Massachusetts . $9 million annual savings
* Intercity and High Speed Rail Grants. $2.5 billion annual savings.
* Title X Family Planning. $318 million annual savings.
* Appalachian Regional Commission. $76 million annual savings.
* Economic Development Administration. $293 million annual savings.
* Programs under the National and Community Services Act. $1.15 billion annual savings.
* Applied Research at Department of Energy. $1.27 billion annual savings.
* FreedomCAR and Fuel Partnership. $200 million annual savings.
* Energy Star Program. $52 million annual savings.
* Economic Assistance to Egypt . $250 million annually.
* U.S. Agency for International Development. $1.39 billion annual savings.
* General Assistance to District of Columbia . $210 million annual savings.
* Subsidy for Washington Metropolitan Area Transit Authority. $150 million annual savings.
* Presidential Campaign Fund. $775 million savings over ten years.
* No funding for federal office space acquisition. $864 million annual savings.
* End prohibitions on competitive sourcing of government services.
* Repeal the Davis-Bacon Act. More than $1 billion annually.
* IRS Direct Deposit: Require the IRS to deposit fees for some services it offers (such as processing payment plans for taxpayers) to the Treasury, instead of allowing it to remain as part of its budget. $1.8 billion savings over ten years.
* Require collection of unpaid taxes by federal employees. $1 billion total savings.WHAT??????????????

* Prohibit taxpayer funded union activities by federal employees. $1.2 billion savings over ten years.
* Sell excess federal properties the government does not make use of. $15 billion total savings.
* Eliminate death gratuity for Members of Congress.
* Eliminate Mohair Subsidies. $1 million annual savings.
* Eliminate taxpayer subsidies to the United Nations Intergovernmental Panel on Climate Change. $12.5 million annual savings
* Eliminate Market Access Program. $200 million annual savings.
* USDA Sugar Program. $14 million annual savings.
* Subsidy to Organisation for Economic Co-operation and Development (OECD). $93 million annual savings.
* Eliminate the National Organic Certification Cost-Share Program. $56.2 million annual savings.
* Eliminate fund for Obamacare administrative costs. $900 million savings.
* Ready to Learn TV Program. $27 million savings..
* HUD Ph.D. Program.
* Deficit Reduction Check-Off Act.

* TOTAL SAVINGS: $2.5 Trillion over Ten Years

My question is, what kind of people do we vote into office that got all this in the budget in the first place? 

I can't believe no one suggested cutting the Department of Energy!  That would be the first one I would eliminate.  It was established in the early 70's to develope ways to stop using foreign oil. We were importing less than 50% of our oil at that time. Now it is almost 90%. Doesn't look like they have been too effective, does it?? 
 
LET'S VOTE OUT THESE LIBERAL SPENDERS AND GET OUR BUDGET BACK UNDER CONTROL!
.

Tuesday, April 19, 2011

MORE OBAMA BULLSH*T ON HIS BUDGET PLAN

Obama has presented a "Bullshit" budget plan similar to all the other BS and lies he has told to American voters.  WHY DOES ANYONE BELIEVE ANYTHING HE SAYS ANYMORE?  They must be downright idiots...or such blockheads that they can no longer think for themselves.

 Under Rand Paul's plan, all areas of federal spending, including discretionary, defense, and mandatory would be cut.  Obama simply wants to cut discretionary spending by 5%, and even these "cuts" are nothing but budget gimmickry.  Paul's plan also would not raise taxes, while Barack Obama has already signaled that he will raise taxes on the evil rich in 2012 when the tax cuts expire.

Obama has failed to pass his constitutionally mandated budget in 2009 and 2010.  So how will we ever know exactly what his budget plan will be when it will change from day to day to suit his socialist agenda.  What a monumental A-hole!
.