Archive for the ‘liberal democrat agenda’ Category

Taxs found so far in the 1900+ page democrat "heath care" bill

October 30, 2009

If you thought Health Care was expensive now, just wait until it is “free.”
Here is a list of the new taxes you will be paying found so far:

Employer Mandate Excise Tax (Page 275): If an employer does not pay 72.5 percent of a single employee’s health premium (65 percent of a family employee), the employer must pay an excise tax equal to 8 percent of average wages. Small employers (measured by payroll size) have smaller payroll tax rates of 0 percent (<$500,000), 2 percent ($500,000-$585,000), 4 percent ($585,000-$670,000), and 6 percent ($670,000-$750,000).

Individual Mandate Surtax (Page 296): If an individual fails to obtain qualifying coverage, he must pay an income surtax equal to the lesser of 2.5 percent of modified adjusted gross income (MAGI) or the average premium. MAGI adds back in the foreign earned income exclusion and municipal bond interest.

Medicine Cabinet Tax (Page 324): Non-prescription medications would no longer be able to be purchased from health savings accounts (HSAs), flexible spending accounts (FSAs), or health reimbursement arrangements (HRAs). Insulin excepted.

Cap on FSAs (Page 325): FSAs would face an annual cap of $2500 (currently uncapped).

Increased Additional Tax on Non-Qualified HSA Distributions (Page 326): Non-qualified distributions from HSAs would face an additional tax of 20 percent (current law is 10 percent). This disadvantages HSAs relative to other tax-free accounts (e.g. IRAs, 401(k)s, 529 plans, etc.)

Denial of Tax Deduction for Employer Health Plans Coordinating with Medicare Part D (Page 327): This would further erode private sector participation in delivery of Medicare services.

Surtax on Individuals and Small Businesses (Page 336): Imposes an income surtax of 5.4 percent on MAGI over $500,000 ($1 million married filing jointly). MAGI adds back in the itemized deduction for margin loan interest. This would raise the top marginal tax rate in 2011 from 39.6 percent under current law to 45 percent—a new effective top rate.

Excise Tax on Medical Devices (Page 339): Imposes a new excise tax on medical device manufacturers equal to 2.5 percent of the wholesale price. It excludes retail sales and unspecified medical devices sold to the general public.

Corporate 1099-MISC Information Reporting (Page 344): Requires that 1099-MISC forms be issued to corporations as well as persons for trade or business payments. Current law limits to just persons for small business compliance complexity reasons. Also expands reporting to exchanges of property.

Delay in Worldwide Allocation of Interest (Page 345): Delays for nine years the worldwide allocation of interest, a corporate tax relief provision from the American Jobs Creation Act

Limitation on Tax Treaty Benefits for Certain Payments (Page 346): Increases taxes on U.S. employers with overseas operations looking to avoid double taxation of earnings.

Codification of the “Economic Substance Doctrine” (Page 349): Empowers the IRS to disallow a perfectly legal tax deduction or other tax relief merely because the IRS deems that the motive of the taxpayer was not primarily business-related.

Application of “More Likely Than Not” Rule (Page 357): Publicly-traded partnerships and corporations with annual gross receipts in excess of $100 million have raised standards on penalties. If there is a tax underpayment by these taxpayers, they must be able to prove that the estimated tax paid would have more likely than not been sufficient to cover final tax liability.

A new meme cropping up…

August 5, 2009

Liberal Media Screams Hysterically About Depiction of President as The Joker.

Whiny hypocritical bitches.

Originally posted at No Moss Here.

Oh yea, Professor Reynolds was right.

Obama’s Dismal Failure

July 15, 2009

The democrat’s “stimulus” bill has been proven to be what it was labeled when it was rammed through congress and down the throats of the American people, a “porkulus” bill. It was supposed to boost the economy, but has had the predictable, opposite effect.

House Republicans, attempting to regain the mantel of fiscal responsibility after screwing that pooch, point out the failure of the democrats porkulus sceme

“The report we got from the Department of Transportation is dated July 3rd,” said Mica at the Capitol Hill press conference. “It indicates how much money of the $48 billion [allocated to the Transportation Department] they have control over has gone out — that’s $523 million – 1 percent, approximately 1 percent. And the top 10 states of unemployment, our leading states, including the District of Columbia, only $83 million has gone out to those states.”

“This stimulus package was sold to the country as being an infrastructure bill,” said Rep. John ‘Jimmy’ Duncan (R-Tenn.), “and yet only somewhere between 7 and 8 percent of it was aimed at or provided for infrastructure in the first place.”

“Remember, the stimulus promised 3.5 million jobs was being created, and yet 2 million jobs – additional lost jobs – have been lost. Dismal failure.”

“The stimulus promised,” said Diaz-Balart, “and we were told that in the budget committee and we were told that publicly by the administration, that unemployment would not go above 8 percent if that stimulus passed. Look at the numbers now.”

Of course the democrat’s porkulus bill isn’t helping the economy. That isn’t what it was intended to do. The goal of the Obama administration is not to fix the economy, but to fundamentally change the role of government in the United States of America.

Originally posted at the Urbin Report

Presidential Comparisons

July 5, 2009

Liberal democrat reporter Helen Thomas say Barack Hussein Obama is worse than Nixon in his attempts to control the press.

Our Dear Leader is also out to prove that he wants to be worse than Jimmy Carter.

Team BHO isn’t letting any crisis go to waste.

April 6, 2009

Kenn Jacobine notes that our Dear Leader’s team isn’t letting the crisis in Mexico go to waste either.

It’s a chance for them to attack your basic human right of self-defense and the Second Amendment of the Constitution of the United States of America. A document that is clearly in the way of Team Lightbringer’s goals.

Cap and Tax

March 30, 2009

Our Dear Leader‘s so-called “Cap and Trade” program is really a “Cap and Tax” program that is going to suck more money from the paychecks of every American.

This energy tax is going to hit the poorest the hardest, since they pay the largest percentage of their income on energy costs (electricity, heating and transportation).

White House sources have admitted that this will be an average increase of $1,800 per family!

President Obama’s energy tax plan — a version of the failed European “cap and trade” global warming fiasco — may cost families $1,800 yearly in higher utility bills, far exceeding his promised $800 a year tax cut for 95% of Americans.

While campaigning, Obama admitted that his energy plan would cause electric bills to “skyrocket.” President Obama’s energy tax plan — a version of the failed European “cap and trade” global warming fiasco — may cost families $1,800 yearly in higher utility bills, far exceeding his promised $800 a year tax cut for 95% of Americans.

While campaigning, Obama admitted that his energy plan would cause electric bills to “skyrocket.”

So when Candidate Obama said that Americans making less than $250,000 a year would not see any new taxes, he was lying! Get used to it folks. It’s a long way until January 20, 2013.

Also published at the Urbin Report.

Insight into BHO

March 22, 2009

Some our Dear Leader’s recent actions give some valuable insight into his policies and priorities. Here are three examples.

Wanting disabled vets to pick up their own tab at VA hospitals. That Jon Stewart jumped on him over this, is a clear sign that this was an incredible stupid idea. It also gives an insight into BHO’s priorities. Money for Disabled military veterans is OK to cut from the budget. $900 million for the terrorist group Hamas and billions for the vote fraud specialists at ACORN is a good place to spend US tax payer dollars.

His “gift” for the British Prime Minister. The British PM gives a thoughtful and historically significant gift designed to honor the new President. BHO gives the Prime Minister, who is blind in one eye and in danger of losing sight in his other eye, a set of DVDs. To further demonstrate the lack of thought in this gift, the DVDs are not encoded in the regional format for the UK, i.e. they won’t play in most UK DVD players. The only thing more insulting would to have included Netflicks return envelopes.

Picking Hillary Rodham Clinton as Secretary of State. From a political standpoint, it was smart move. It got her out of the Senate, where she was seen as a strong party leader. From a governing the country standpoint, it doesn’t seem that smart. How many fluent Russian speakers are there in the State Department? Enough to get the word “reset” translated properly is a pretty safe bet. HRC couldn’t find one though. The Russians have to be questioning her basic competence now. HRC is infamous for selecting staff for their personal loyalty to her above all else. Is she letting that go down to the level of picking a translator on that basis rather than competence in the Russian language? It appears so. HRC is certainly smart, and politically savvy, but foreign policy was never her strong point. BHO it seems, was more concerned about removing a political rival from a position that threatened him, than selecting a qualified individual for an important foreign policy position.

Saturday Morning Roundup

March 14, 2009

Remember how our Dear Leader was supposed to be “Ready to Rule on Day One?” Too bad nobody is home at the White House.

52 days in office, 52 Mistakes

Don Surber points out the fundamental dishonesty
of the Victim Disarmament Lobby:

A New York Times editorial blames America’s gun lobby for 11 deaths in Alabama — but ignores 16 deaths in “gun free” Germany on the same day.

Charles Krauthammer points out that it is George W. Bush, not Barack Hussein Obama, who was intellectually rigorous on medical ethics and science.

The supposed problem of “nuclear waste” is entirely the result of a the decision in 1976 by President Gerald Ford to suspend reprocessing, which President Jimmy Carter made permanent in 1977.

U.S. Jet Shoots Down Iranian Drone Over Iraq

Welcome to ObamaWorld. Our Dearl Leader’s Justice Department is investigating an Arizona Sheriff for actually the Enforcing Immigration Laws the federal government won’t.

University of Chicago to review Michelle Obama effort of shunt patients to other hospitals


Obama, Geithner Get Low Grades From Economists


Washington Establishment concluding Obama in over his head

A question of competence.

March 11, 2009

Pejman Yousefzadeh writes about what he calls “The Great Vetting Disaster” that has been the Obama administration.

2009 is the anti-2008 for Team Obama. Whereas, last year, the Obama campaign was able to demonstrate its supreme competence at running a campaign, raising money, and using technology to further Barack Obama’s political goals and personal ambitions, once Team Obama moved into the White House, it seemed that its hold on managerial competence disappeared. Thus, we have a Treasury Secretary whose tax delinquencies were not discovered by the Obama vetting system, and who is Home Alone at the Treasury Department because the White House can’t get its nominees confirmed quickly enough to provide the Treasury Secretary the personnel support he needs to deal with the greatest economic crisis since the recession of the early 1980s.

Add to the list the numerous Team BHO picks who have had to drop out over non-payment of taxes.

And in the latest personnel snafu, the selection of Charles Freeman as the Chairman of the National Intelligence Counsel has been withdrawn.

Ahhh…Freeman, a bought and paid for asset of the House of Saud who said the Communist Chinese government was too soft on the students protesting for democracy at Tiananmen Square. Personally, I think he was a perfect pick for the Obama administration.
There is more detail on this insightful selection of our Dear Leader.

50 Days That Changed the World

March 10, 2009

Gateway Pundit has correctly identified those fifty days as the “Obama Disaster.”
Here are some of the highlights.

** Obama is on track to spend more money than any person in the history of the planet.
** Obama and Pelosi’s stimulus bill was the largest spending bill in the history of the planet.

** He’s lost at least 3 administration nominees due to tax fraud.
** He’s promoted a tax cheat to run the IRS and Treasury.
** He’s insulted America’s greatest ally, Great Britain.
** He’s reneged on missile agreements with allies Poland and the Czech Republic.

** The Obama stock market had its worst January in 113 years.
** The stock market had its worst February since 1933.
** The Dow has dropped faster under Obama than any other new president in 90 years.
** Obama’s budget more than doubles the national debt held by the public, and adds more to the debt than all previous presidents — from George Washington to George W. Bush — combined.

There is more, much more.
Barak Obama, Worst President Ever.” Yup, he’s working to steal the crown from fellow democrat Jimmy Carter.