One last post on taxes before I forget about the issue forever or until the next time I have to pay them. Hopefully the Tea Parties were so successful that the IRS will be disbanded and we can go on with our merry lives.
Matt Taibbi, an editor for Rolling Stone magazine (who blogs for a different website for some reason) has a post about the tea parties and the absurdity of it all. His basic point is that there is all kinds of wasteful government spending that use tax dollars but those who got pissed off enough about it to attend one of these Tea Parties only did so when the government pushed through a bill that included a massive public works package and homeowner aid probably which was directed at them.
His main argument is that these tea baggers did not start complaining until these programs were aimed at them. From his blog post:
"In other words teabaggers don’t mind paying taxes to fund the salaries of Bolivian miners, Lou Gerstner’s stock options, deliveries of “sailboat fuel,” the Hermes scarves on Sandy Weill’s jet pillows, or even the export of their own goddamn jobs. But they do hate it when someone tries to re-asphalt their roads, or help bail their slob neighbor out of foreclosure. And God forbid someone propose a health care program, or increased financial aid for college. Hell, that’s like offering to share your turkey with the other Pilgrims! That’s not what America is all about! America is every Pilgrim for himself, dammit! Raise your own motherfucking turkey!"
An interesting fact from his article is that according to a poll that 39% of respondents who make only 30,000 dollars a year felt federal income taxes were to high but only 32% of the respondents in that category will pay any income tax in 2008. Wow!
Taibi's blog post can be read in it's entirety here.
Showing posts with label tea party. Show all posts
Showing posts with label tea party. Show all posts
Thursday, April 16, 2009
Top Ten Lies When It Comes To Taxes
With the Tea Parties behind us and myself still on a euphoria high because of the success of my own tea party I still can't think about everything we did for this country. We exposed Obama for the fascists that he is, derided wasteful spending by wasting money on millions of tea bags, made goofy signs, and have probably filled up the missed connections pages on Craigs List!
But it also makes me think what this country was founded on. Many people will tell you it was founded on Judeo-Christian ideals, whatever those are. Don't listen to those lies. This nation was founded on the notion that we hate paying taxes. A bunch of rich well off people convinced those under them that taxes were to high and so we liberated ourselves from England. Kind of like yesterday but instead of fighting in a war we got to watch Glen Beck chat with Ted Nuggent which I guess in its own right is just as appalling as a war.
From what I get from the Tea Parties that were set up yesterday was that people don't like paying taxes. So when your house catches on fire don't bother calling the fire department. You might as well rip up your medicare card. The road getting to your house needs to be paved well forget about it. So stop paying taxes. All you people who hate Obama and his policies and talk about redistribution I hope when you get fired from your job you don't plan on using The Cobra health care plan that he has extended to you.
Anyways I thought I would post a Top Ten List of lies that have been perpetuated by mostly the republican party that I found from the website Crooks and Liars (go to their website for a more in depth analysis.
1. President Obama will raise taxes on small businesses.
Out of 34.7 million filers with business income on Schedules C, E or F, 479,000 filers fall into the top two brackets, according to an analysis of projected 2009 filings by the nonpartisan Tax Policy Center. The other 34.3 million - or 98.6% - would be unaffected by Obama's proposed rate hike.
2. The estate tax devastates small businesses and family farms.
As the Washington Post explained, under President Obama budget, 99.76% of estates would pay no taxes whatsoever:
3. 40% of Americans pay no taxes.
Republican conveniently ignore sales, excise and most of all, payroll taxes. Starting with the first dollar they earn, virtually all American workers pay the 6.2% Social Security tax (on income up to $97,000) and another 1.45% for Medicare.
4. Tax cuts always increase revenue.
The claim that tax cuts pay for themselves...is contradicted by the historical record," reported the Center on Budget and Policy Priorities, which showed that revenues grew twice as fast in the 1990s, when taxes were raised, than in the 1980s, when taxes were cut.
5. The GOP is the party of fiscal discipline.
the modern Republican Party from Reagan forward devastated the U.S. treasury, leaving mounting debt and hemorrhaging red ink for as far as the eye can see. As it turns out, U.S. national debt tripled under Ronald Reagan, only to double again under George W. Bush.
6. Ronald Reagan was the greatest tax cutter of all time.
Ultimately, Reagan was forced to raise taxes twice to avert financial catastrophe
7. FDR caused the Great Depression, or at least made it worse.
FDR slashed unemployment by more than half and largely restored industrial production and GDP growth even before the onset of World War II. Only when Roosevelt wavered in the face of conservative pressure in 1937 did his New Deal temporarily falter.
8. Obama's cap-and-trade plan will cost each American family $3,100 a year.
a carbon cap and trade program that would meet targets now being discussed in Congress to be over $3,000, but that is nearly 10 times the correct estimate which is approximately $340.
9. Obama's tax proposals will undermine charitable giving.
altruistic or religious motives outweigh tax-shelter considerations among such donors, and cite previous limitations placed on deductions for high earners that they say haven't hurt donations.
10. The rich pay too much in taxes already.
Bush tax cuts delivered a third of their total benefits to the wealthiest 1% of Americans. Those in the top 1% stashed an extra $45,000 a year. As a result, millionaires saw their after-tax incomes rise by 7.6%, while the gains for the middle quintile and bottom 20% of Americans were a paltry 2.3% and 0.4%, respectively.
But it also makes me think what this country was founded on. Many people will tell you it was founded on Judeo-Christian ideals, whatever those are. Don't listen to those lies. This nation was founded on the notion that we hate paying taxes. A bunch of rich well off people convinced those under them that taxes were to high and so we liberated ourselves from England. Kind of like yesterday but instead of fighting in a war we got to watch Glen Beck chat with Ted Nuggent which I guess in its own right is just as appalling as a war.
From what I get from the Tea Parties that were set up yesterday was that people don't like paying taxes. So when your house catches on fire don't bother calling the fire department. You might as well rip up your medicare card. The road getting to your house needs to be paved well forget about it. So stop paying taxes. All you people who hate Obama and his policies and talk about redistribution I hope when you get fired from your job you don't plan on using The Cobra health care plan that he has extended to you.
Anyways I thought I would post a Top Ten List of lies that have been perpetuated by mostly the republican party that I found from the website Crooks and Liars (go to their website for a more in depth analysis.
1. President Obama will raise taxes on small businesses.
Out of 34.7 million filers with business income on Schedules C, E or F, 479,000 filers fall into the top two brackets, according to an analysis of projected 2009 filings by the nonpartisan Tax Policy Center. The other 34.3 million - or 98.6% - would be unaffected by Obama's proposed rate hike.
2. The estate tax devastates small businesses and family farms.
As the Washington Post explained, under President Obama budget, 99.76% of estates would pay no taxes whatsoever:
3. 40% of Americans pay no taxes.
Republican conveniently ignore sales, excise and most of all, payroll taxes. Starting with the first dollar they earn, virtually all American workers pay the 6.2% Social Security tax (on income up to $97,000) and another 1.45% for Medicare.
4. Tax cuts always increase revenue.
The claim that tax cuts pay for themselves...is contradicted by the historical record," reported the Center on Budget and Policy Priorities, which showed that revenues grew twice as fast in the 1990s, when taxes were raised, than in the 1980s, when taxes were cut.
5. The GOP is the party of fiscal discipline.
the modern Republican Party from Reagan forward devastated the U.S. treasury, leaving mounting debt and hemorrhaging red ink for as far as the eye can see. As it turns out, U.S. national debt tripled under Ronald Reagan, only to double again under George W. Bush.
6. Ronald Reagan was the greatest tax cutter of all time.
Ultimately, Reagan was forced to raise taxes twice to avert financial catastrophe
7. FDR caused the Great Depression, or at least made it worse.
FDR slashed unemployment by more than half and largely restored industrial production and GDP growth even before the onset of World War II. Only when Roosevelt wavered in the face of conservative pressure in 1937 did his New Deal temporarily falter.
8. Obama's cap-and-trade plan will cost each American family $3,100 a year.
a carbon cap and trade program that would meet targets now being discussed in Congress to be over $3,000, but that is nearly 10 times the correct estimate which is approximately $340.
9. Obama's tax proposals will undermine charitable giving.
altruistic or religious motives outweigh tax-shelter considerations among such donors, and cite previous limitations placed on deductions for high earners that they say haven't hurt donations.
10. The rich pay too much in taxes already.
Bush tax cuts delivered a third of their total benefits to the wealthiest 1% of Americans. Those in the top 1% stashed an extra $45,000 a year. As a result, millionaires saw their after-tax incomes rise by 7.6%, while the gains for the middle quintile and bottom 20% of Americans were a paltry 2.3% and 0.4%, respectively.
Wednesday, April 15, 2009
My Very Own Tea Party
As you might have heard there have been numerous tea parties that have swept our nation today! Being the young conservative that I am I just had to take part in it so I decided to have my own tea party. I decided to have it in my room. The turn out wasn't that great but it is probably because the weather is really bad. Here are some pictures from my killer tea party! It was awesome as you can tell! It got so hot I had to take my shirt off!
In all seriousness these tea parties are really fucking stupid. Relax if you went to one of these tea parties. I am not calling you stupid. I think I would call you idiotic, or a tool, or a loser. But certainly not stupid.
Seriously on Fox News right now Glen Beck and Ted Nugent are going crazy and all the people in the crowd are saying they don't want to pass on these deficits to their children. Its looking like a pretty white affair. I know they are in Texas but couldn't a couple of minorities have showed up?
My question is what is the point and why is this happening? Let's first dismiss the fact that the people behind the scenes who are promoting these tea parties are conservative think tanks run by the likes of Newt Gingrich and Grovier Norquist and their tax cuts without reducing spending is one of the reasons we have one of these huge debts in the first place. If the point of these parties is fiscal responsibility then this is a massive fail.
But where were these parties for the last eight years when the Bush administration racked up these huge deficits? Nobody was crying about passing the bucks to our kids and their kids.
And wasn't the original Boston Tea Party all about taxation without representation? If this is true I could understand why maybe you could realistically have one of these tea parties in D.C. since they don't have any representation but in Texas?
I've heard that a lot of people are showing up at these things because of Obama raising the tax rates. Realistically 95% of the American People will see a tax relief under Obma so all these protestors are mad that extremely rich fucks are going to get taxed at the same levels they did under the Clinton administration (which was less than the Reagon administration). I can understand why people would protest this because if I remember correctly the economy had a massive expansion under Clinton and he left ofice with a surplus.
I think the biggest complaint from these Fox News watching talk radio listening cretins is the all the bitching about how government getting to big. If you ask me people are noticing this not a minute too soon. I mean look at the things the Bush administration did: eavsdropping, secret energy commisions, rendition, The Patriot Act, the expansion of the executive branch, the politicalization of the judicial branch, and their lack of transparenty just to name a few things. Where were these tea parties then. Oh yeah they were non-existant.
Maybe I'm just bitter no one showed up at my tea party. Next time I'll buy snacks.
(And please I know some of you people who did go to these tea parties have been complaining about this stuff for years but it doesn't count if you are someone who believes some sort of New World Order is going to be implemented. You people are what experts called delusional)
In all seriousness these tea parties are really fucking stupid. Relax if you went to one of these tea parties. I am not calling you stupid. I think I would call you idiotic, or a tool, or a loser. But certainly not stupid.
Seriously on Fox News right now Glen Beck and Ted Nugent are going crazy and all the people in the crowd are saying they don't want to pass on these deficits to their children. Its looking like a pretty white affair. I know they are in Texas but couldn't a couple of minorities have showed up?
My question is what is the point and why is this happening? Let's first dismiss the fact that the people behind the scenes who are promoting these tea parties are conservative think tanks run by the likes of Newt Gingrich and Grovier Norquist and their tax cuts without reducing spending is one of the reasons we have one of these huge debts in the first place. If the point of these parties is fiscal responsibility then this is a massive fail.
But where were these parties for the last eight years when the Bush administration racked up these huge deficits? Nobody was crying about passing the bucks to our kids and their kids.
And wasn't the original Boston Tea Party all about taxation without representation? If this is true I could understand why maybe you could realistically have one of these tea parties in D.C. since they don't have any representation but in Texas?
I've heard that a lot of people are showing up at these things because of Obama raising the tax rates. Realistically 95% of the American People will see a tax relief under Obma so all these protestors are mad that extremely rich fucks are going to get taxed at the same levels they did under the Clinton administration (which was less than the Reagon administration). I can understand why people would protest this because if I remember correctly the economy had a massive expansion under Clinton and he left ofice with a surplus.
I think the biggest complaint from these Fox News watching talk radio listening cretins is the all the bitching about how government getting to big. If you ask me people are noticing this not a minute too soon. I mean look at the things the Bush administration did: eavsdropping, secret energy commisions, rendition, The Patriot Act, the expansion of the executive branch, the politicalization of the judicial branch, and their lack of transparenty just to name a few things. Where were these tea parties then. Oh yeah they were non-existant.
Maybe I'm just bitter no one showed up at my tea party. Next time I'll buy snacks.
(And please I know some of you people who did go to these tea parties have been complaining about this stuff for years but it doesn't count if you are someone who believes some sort of New World Order is going to be implemented. You people are what experts called delusional)
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