Posted on 10/24/2010 5:27:06 PM PDT by reaganaut1
Time to choose
It’s never enough when the government comes calling. Hauser’s Law shows that the Fed takes in 20% no matter what the tax rates are.e
How convenient!!!
Hey Obama: Cram it where the sun doesn’t shine. It’s all too predictable that a lying shitbag like you is suddenly concerned about the deficit two weeks from an election in which your goose-stepping commie a-holes are getting their pathetic butts kicked. Go F#$% YOURSELF.
focus on the deficit??
He already quadrupled it. What more can he do?
Baloney....He’s gonna hide for 2 years...His staff has already left and the newbies aren’t planning a future with him.
We need to focus on getting rid of him in 2012
There is only one way this goon will do anything to the deficit - by furthur twisting and ripping the constitution. He will add funding to those things that are not in Article 1 Section 8 (EPA, NPR, Dept of Education, entitlements), all the while diminishing funding to those things required by the constitution: defense.
“Likely to focus”...hows about...”likely” lying
Why would anyone who pays attention believe him?He is a liar.
obummer is like the Yugo cheap car that was a failure from the beginning. It was nothing but a FIAT fix it again Tony. Obummer is like a Fiat, the american people will have to rebuild it after he strives to destroy it.
OR SOONER!
What is really upsetting, is the fact, he really plays us cheap. This is his way of pacifying us. Oh boy, don’t you just feel better now.
Obama “reducing the deficit” means raising taxes on “the rich.”
HR4646
Banking will be destroyed with HR4646. This is a real bill. You can see it on Thomas.gov. It is supposed to replace the Individual Income tax. However, this bill would take effect in 2011, but the repeal of the individual income tax won’t happen until 2017 (like it ever will.
Plus once they have the 1% established, they can raise it at will - remember the original income tax was not to go above 3 %).
Any financial transaction with a bank will be taxed 1 percent. If you bring cash into the bank to deposit (which most small businesses such as restaurants do at the end of each business day) - a 1% tax. If you move money from one account to another - 1% tax. If you get a mortgage, 1% tax - paid upfront. If you sell a stock or buy a stock, a 1 % tax.
This is going to destroy foreign investment in the US. You have corporations that transfer money daily between different banks. Each transfer would result in a 1% tax. If you wire money overseas, it usually goes through more than one bank before it is transferred. Every new bank would be a 1 % tax.
What this is really going to kill are day traders. Though there is a possible future exemption for them ( depends on an international treaty ) by the time they get that signed (if ever ) they will be out of business. They purchase a stock - 1 %. They sell a stock 1% . they park the money in an overnight holding accoount -1%. They pull it out the next day to purchase stock - 1 %. These guys deal on less than a percent profit per trade. You add all these taxes and the broker fees, they will be losing money on every transaction.
And,……
If you read at the bottom of the bill, they are pulling a fast one. Get it to the floor the day before Thanksgiving ( so no one will notice ) and vote on it 2 days before Christmas , so no one will notice. Probably a midnight voice vote.
111th Congress (2009-2010)
H.R.4646.IH
________________________________________
H.R.4646
Debt Free America Act (Introduced in House - IH)
****** When the fraud talks about “tough choices”, watch your wallet. For a socialist, raising taxes is always the easiest choice. He would raise tax rates ... ****
“ENFORCE” alert.
Beltway-Bureaucrat-Nation Alert. The Puppet Spammer to be wheeled out and Robo-Talk for the Beltway-Bureaucrat-Nation.
And of course they’ll ENFORCE (note the word used) ENFORCE, (in a deficit article) the Vampire-Care. Because it was not about health but about the $ racket to the Beltway Gang Mob all along.
So called “cuts” will be claimed by cutting on an INCREASED budget. Likewise the other trick, claiming “we will reduce the deficit” (by taxing).
Sure he will.
He should be focused on some remedial learning, becoming substantively educated, and moving beyond his pathetically simplistic and uniformed view of the world.
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