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Keyword: highertaxes

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  • Analysis: Sanders’s ‘Great Society’ could add $15 trillion to the debt

    04/08/2016 9:42:25 AM PDT · by LucyT · 32 replies
    Fiscal Times ^ | April 8, 2016 | Eric Pianin
    If Sanders had his way, the government would provide free college tuition to all students at state-run colleges and universities. Americans would be entitled to medical and family leave from work, courtesy of the federal government. Rather than trimming benefits of the Social Security system, Sanders would engineer an historic expansion of the program for retirees and the disabled. That’s just for starters. Sanders’ most ambitious and costly proposal would enact a European-style single-payer national health insurance program to guarantee every American health care coverage. He would launch a major new infrastructure program to repair and replace the nation’s aging...
  • [Rep. Tom] Cole: Join with Obama on quick deal (RINO wants higher taxes on rich)

    11/27/2012 6:41:43 PM PST · by Alter Kaker · 15 replies
    Politico ^ | 11/27/2012 | Jonathan Allen
    Republican Rep. Tom Cole urged colleagues in a private session Tuesday to vote to extend the Bush tax rates for all but the highest earners before the end of the year — and to battle over the rest later. The Oklahoma Republican said in an interview with POLITICO that he believes such a vote would not violate Grover Norquist’s anti-tax pledge and that he’s not alone within Republican circles. Read more:
  • Bait And Switch on Obamacare

    06/29/2012 4:08:26 PM PDT · by Kaslin · 13 replies ^ | June 29, 2012 | Cal Thomas
    When is a tax not a tax? When President Obama says it isn't, or when the Supreme Court says it is? Obamacare was sold on several fraudulent lines. The president knows the country doesn't want to pay higher taxes, given the deplorable way their government spends the money. And so the administration packaged it as something different. That's called bait and switch, which is defined as "an illegal tactic in which a seller advertises a product with the intention of persuading customers to purchase a more expensive product." And Obamacare, if it is not repealed, is guaranteed to be more...
  • Obama to propose $1.5 trillion in new tax revenue as part of long-term deficit package

    09/18/2011 9:08:22 PM PDT · by mylife · 103 replies
    AP ^ | 9/18/11 | Jim Kuhnhenn
    WASHINGTON (AP) -- Drawing a bright line with congressional Republicans, President Barack Obama is proposing $1.5 trillion in new tax revenue as part of his long-term deficit reduction plan, according to senior administration officials. The president on Monday will announce a proposal that includes repeal of Bush-era tax cuts for the wealthiest taxpayers, nearly $250 billion in reductions in Medicare spending, $330 billion in cuts in other mandatory benefit programs, and savings of $1 trillion from the withdrawal of troops from Iraq and Afghanistan, the officials said. The plan includes no changes in Social Security and does not include an...
  • S&P warns of a second downgrade

    08/06/2011 2:11:26 PM PDT · by Clairity · 158 replies
    Politico ^ | August 6, 2011 | Josh Boak
    One day after lowering the nation’s platinum triple-A credit rating, Standard & Poor’s analysts warned Saturday that the U.S. government could face a second downgrade if the economy continues to struggle and the government fails to make the cuts outlined in the debt ceiling agreement. The ratings agency on Friday downgraded the nation to AA+ for the first time in history, saying partisanship in Washington is preventing dramatic deficit reduction.
  • Reid:S&P downgrade backs Dems' call for more revenue

    08/06/2011 8:43:43 AM PDT · by Cheerio · 109 replies
    TheHill ^ | 08/05/11 | Jamie Klatell
    Standard & Poor's decision to downgrade the nation's credit rating reinforces Democrats' call for increasing tax revenue, Senate Majority Leader Harry Reid (D-Nev.) said Friday.
  • Coburn proposes $9 trillion deficit cut measure

    07/18/2011 2:59:59 PM PDT · by shove_it · 19 replies
    Yahoo via AP ^ | 18 Jul 2011 | ANDREW TAYLOR
    WASHINGTON (AP) — One of the Senate's staunchest budget-cutters unveiled Monday a massive plan to cut the nation's deficit by $9 trillion over the coming decade. The plan by Sen. Tom Coburn, R-Okla., is laced with politically perilous proposals like raising to 70 the age at which people can claim their full Social Security benefits. It would cut farm subsidies, Medicare, student aid, housing subsidies for the poor, and funding for community development grants. Coburn even takes on the powerful veterans' lobby by proposing that some veterans pay more for medical care and prescription drugs. Coburn was a member of...
  • Feds look to regulate food similar to tobacco, with hopes of saving money on health care

    06/22/2011 5:47:22 AM PDT · by xtinct · 72 replies
    Daily Caller ^ | 6/23/2011 | Neil Munro
    The federal government has a growing interest in the eating habits of Americans for the same reason it has an interest in tobacco consumption, said Kathleen Sebelius, the secretary of the Department of Health and Human Services. The reason is money, because three-quarters of medical-spending is driven by chronic diseases, such as obesity and tobacco-related diseases, she said. Sebelius’ comments came at the tail-end of Tuesday’s White House press conference where officials showcased nine new photos that must be carried on cigarette packs. Officials used a survey of 18,000 people to find the images that would have the most distressing...
  • Dem's agenda is costing American jobs

    09/06/2010 4:17:08 PM PDT · by george76 · 10 replies · 1+ views
    sky hi daily news ^ | September 5, 2010 | Tim T. Schowalter
    The anti-business agenda of Obama and the Democrats is a major factor. The only way a job is created is for someone to risk their money to start or expand a business. Anyone considering that must look at current and future economics. That look shows an increasing level of financial risk and headaches as Obama keeps pushing for higher taxes, higher energy costs, more regulation and more forced unionism. Obama Care has a new accounting nightmare, that requires a 1099 for all financial business transactions over $600... Obama is still pushing for the card check bill, which eliminates the secret...
  • The Good News Is, We've Been Here Before

    06/19/2010 9:31:07 AM PDT · by timesthattrymenssouls · 12 replies · 305+ views
    Constitutional Guardian ^ | 6/19/10 | Nancy Tengler
    The bad news is, it will likely get worse before it gets better. The parallels between the current economic situation and the economic crisis in the 1930's is remarkable. Also noteworthy is the similarity between the strategies employed by president elect and then president Franklin Delano Roosevelt and Barack Obama. All of the following examples are cited from Amity Shlaes, The Forgotten Man. The routine of targeting class enemies in the name of reform would become Roosevelt's hallmark (Shlaes 133). Roosevelt reminded his listeners of the importance of the fact that "our last frontier" had long since been reached...growth would...
  • Viedo--Obama to Peddle Energy Snakeoil Tomfoolery in Speech Tonight

    06/15/2010 8:34:37 AM PDT · by Welshman007 · 17 replies · 275+ views
    Conservative Examiner ^ | 6/15/2010 | Anthony G. Martin
    Sticking to the game plan of 'never let a serious crisis go to waste,' Barack Obama intends to use the Gulf oil crisis as an excuse to push for his so-called 'cap-and-trade' tax-on-energy scheme in order to supposedly 'reduce our dependence on oil and fossil fuels.' Part of that game plan is to lie about the costs to average Americans. The scheme is nothing more than energy snakeoil tomfoolery. The Leftwing extremist proponents of this taxpayer-robbing trickery, such as Henry Waxman, D-California, and House Speaker Nancy Pelosi, D-California, grossly underestimate the costs of the plan, just as they have with...
  • Obama: Asking About My Tax Pledge is a “Washington Game” (At Tax Game, Obama Earns a FAIL)

    04/27/2010 9:41:29 AM PDT · by Andrea19 · 8 replies · 423+ views
    ATR ^ | 4/28/10 | John Kartch
    "... It’s important that we not restrict the review or the recommendations that this commission comes up with in any way. Everything has to be on the table. And I just met briefly with the commission and said the same thing to them. Of course this means that all of you, our friends in the media, will ask me and others once a week, or once a day, about what we are willing to rule out or rule in when it comes to the recommendations of the commission. That’s an old Washington game…"

    04/13/2010 11:16:21 PM PDT · by Cindy · 58 replies · 3,577+ views ^ | Published: April 13, 2010 at 10:47 PM
    SNIPPET: "BOCA RATON, Fla., April 13 (UPI) -- Voters elected Democrat Ted Deutch Tuesday to fill out the term of retired U.S. Rep. Robert Wexler, D-Fla., election returns indicated. Deutch, who campaigned as a supporter of healthcare reform legislation and of President Barack Obama, easily defeated Republican Ed Lynch and an unaffiliated candidate. Lynch conceded before 10 p.m. before all precincts reported, The Palm Beach Post reported."
  • More Washington (Mark Steyn: Obama Looks To Washington First Alert)

    01/30/2010 8:43:54 AM PST · by goldstategop · 22 replies · 1,155+ views
    National Review ^ | 1/30/2010 | Mark Steyn
    The world turns. In Indonesia, the principal of a Muslim boarding school in Tangerang who is accused of impregnating a 15-year-old student says the DNA test will prove that a malevolent genie is the real father. In New Zealand, a German tourist, Herr Hans Kurt Kubus, has been jailed for attempting to board a plane at Christchurch with 44 live lizards in his underpants. In Britain, a research team at King’s College, London, has declared that the female “G-spot” does not, in fact, exist. In France a group of top gynecologists led by M. Sylvain Mimoun has dismissed the findings,...
  • Voting For Higher Taxes (Tax The Other Fellow, Stupid Alert)

    01/28/2010 11:57:06 AM PST · by goldstategop · 5 replies · 433+ views
    National Review ^ | 1/28/2010 | Stephen Spruiell
    When Scott Brown was elected to the Senate in Massachusetts, it was because he rode a “wave of voter frustration” (Associated Press) and “capitalized on voters’ disaffection with the status quo” (New York Times). “Anger” and “antipathy toward federal-government activism,” more than support for Brown, drove Massachusetts’s voters to go with the Republican (Washington Post). When Oregon voters approved tax increases on corporations and families making over $250,000, however, it was because the voters had finally decided to “behave like responsible adults” (Newsweek). It showed that Beaver State voters had bravely “gnawed back fears of tax hikes” (The Olympian) and...
  • Ore. votes on higher taxes for rich, businesses (Measures 66 and 67 Passing - Buh-Bye Jobs!)

    01/26/2010 8:14:47 PM PST · by NormsRevenge · 81 replies · 1,947+ views
    AP on Yahoo ^ | 1/26/10 | Tim Fought - AP
    PORTLAND, Ore. – A surge of last-minute ballots was expected Tuesday as Oregon voters decided whether to impose higher taxes on businesses and the wealthy. Polling in the special election suggested the results on Measures 66 and 67 will be close. The stakes in the struggle between business interests and public employee unions are high — the revenue from the two measures is expected to account for about 5.5 percent of the state's general fund budget over the next two years. Opponents of the taxes say draining the money from private hands would damage the state's economy, still hurting from...
  • Et Tu ABC? ABC News Reports Obamacare Includes Middle Class Tax Hike

    11/16/2009 10:46:41 AM PST · by Shellybenoit · 8 replies · 760+ views
    ABC News/The Lid ^ | 11/16/09 | The Lid
    Obama promised during the presidential campaign that he would not increase taxes on couples making less than $250,000. But the Obamacare bill passed by the house, is loaded with higher taxes for the under $250,000. It looks as if the MSM is beginning comprehend the volume of taxes included in the plan because even ABC, which ran a prime time special with the president promoting the plan is beginning to report the increased middle class tax burden:
  • More and Higher Taxes to Pay for Health Care Reform?

    05/19/2009 9:47:51 AM PDT · by StopBigGovt · 3 replies · 257+ views
    Big Government In Your Wallet ^ | 5/19/09 | Kelly Estes
    Then presidential candidate Barack Obama mocked Sen. John McCain during the campaign for proposing to tax health care benefits. Do you find it ironic that the Senate seems to be seriously considering implementing McCain’s idea of taxing health care benefits to help pay for Obama's very pricey Health Care Reform?
  • Close but no cigar

    03/26/2009 9:43:44 AM PDT · by sauropod · 57 replies · 1,115+ views
    Mailer distributed to my home | March 2009 | Private Company
    About a week ago, a mailer from a cigar company I have dealt with arrived at my home. It contained this text: Dear Friends, As many of you know and some may not, one of President Obama's first actions was to sign into legislation what is known as the SCHIP bill. This legislation provides for health insurance for children. This legislation was vetoed by President Bush twice as an unfair tax on the American people. This program is almost entirely funded by the tobacco industry, and not just cigarettes. Some of the new taxes on tobacco increase by 2400%. That's...
  • ( Free ) Health insurance plan calls for penalty

    09/13/2007 11:34:10 AM PDT · by george76 · 22 replies · 840+ views
    AP ^ | September 13, 2007 | Charles Ashby
    Nearly two dozen Colorado legislators were briefed Wednesday on the status of health care reform plans being developed by a legislative commission charged with finding ways to insure all Coloradans. The Blue Ribbon Commission for Health Care Reform is only two weeks away from finalizing a fifth and final proposal, one that resembles a plan started by Massachusetts last year requiring that people purchase insurance and prevent companies from rejecting sick applicants. While the commission stressed that it still is working out details of that final plan... A commission subcommittee working on the fifth proposal previously suggested providing subsidies to...