Posted on 03/21/2015 4:30:40 PM PDT by jazusamo
Those “tax credits” for the middle class will help save for retirement or college tuition? Seriously? After how many decades? How about cutting out the tax I have to pay on 85 percent of my social security pension because I picked up a part time job in order to live above poverty level?
To paraphrase Obama’s statement: Capitalism doesn’t work. Money is made by printing and borrowing, not by Capitalists creating new jobs and wealth. Redistribution is better than Capitalist growth, called “trickle down.” Big, unlimited government, called Fascism, is better than creative, free enterprise. So there!
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| "I am an American fighting man. I serve in the forces which guard my country and our way of life. I am prepared to give my life in their defense." |
Puppet master Soros says "spend into oblivion my puppet, I must destroy America before my return to hell!"
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| "I am an American fighting man. I serve in the forces which guard my country and our way of life. I am prepared to give my life in their defense." |
Amen to that!
Note that when the Founding States established the federal Senate, they gave control of the Senate uniquely to state lawmakers. And one of the jobs of the Senate was undoubtedly to kill House appropriations bills (1.7.1) which the House could not justify under Congress’s constitutional Article I, Section 8-limited powers, such bills arguably stealing state revenues by means of unconstitutional federal taxes.
In fact, the Supreme Court had clarified limits on Congress’s power to appropriate taxes as indicated by the following excerpt.
“Congress is not empowered to tax for those purposes which are within the exclusive province of the States.” —Justice John Marshall, Gibbons v. Ogden, 1824.Next, note that Congress has the constitutional authority to override an Obama veto (1.7.2) of the GOP’s budget. And this is where 17A rears its ugly head again.
More specifically, not only is the Senate probably ignoring Sections 7 & 8 compliance with the possible budgets, but consider this. As a consequence of misguided voters being slow to catch on to widespread corruption in DC, even after three election cycles low-information patriots have still not elected the 2/3 conservative majority in each of the Senate and House (corrections welcome) that is requried for Congress to override a presidential veto to pass the GOP’s likely unconstitutional budget.
In fact, I’m inclined to think that constitution-savvy state lawmakers would have elected the required 2/3 conservative Senate majority needed to remove House-impeached, criminally arrogant Obama from office by now.
Are we having fun yet?
The 17th Amendment has to disappear.
precisely
The Commie pink fag Kenyan fraud is a dangerous criminal.
Boy, this guy lies constantly!!
Yes he does lie constantly, it’s a habit of his.
Who cares what Zippy says? It’s all lies. If the GOPe had any balls, they’d laugh in his face, dismissing him as an irrelevant lame duck.
We need to tade Boehner for Bibi.
“Proposed GOP budgets make ‘no sense’ to Obama”
This from the man who loses his sense of the english language when his teleprompter goes on the fritz.
Uh uh uh....
$4,000,000,000,000 Budget.
$30,000,000,000 in reduced Revenue?
I guess we just can’t get by on $3,970,000,000,000, right?
Might as well piss in the Ocean and panic over the rise in the Sea Level.
He cant read, he cant do math and he’s arrogant
America you elected a moron. Twice. What does that say about you?
Yes, had the same thought. My concern would be Zero & The Beard jumping up during the address and stomping off; would not put it past them. Look at how fellow Commie, Stretch Pelosi, misbehaved at Netanyahu’s address to Congress.
I’ve seen this before, and a quick Google search found it, but no clue where it originally came from. That said, here y’all go:
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this...
The first four men (the poorest) would pay nothing.
The fifth would pay $1
The sixth would pay $3
The seventh would pay $7
The eighth would pay $12
The ninth would pay $18
The tenth man (the richest) would pay $59
So, that’s what they decided to do.
The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve ball. “Since you are all such good customers,” he said, “I’m going to reduce the cost of your daily beer by $20.” Drinks for the ten men would now cost just $80.
The group still wanted to pay their bill the way we pay our taxes. So the first four men were unaffected. They would still drink for free.
But what about the other six men? The paying customers? How could they divide the $20 windfall so that everyone would get his fair share?
They realized that $20 divided by six is $3.33. But if they subtracted that from everybody’s share, then the fifth man and the sixth man would each end up being paid to drink his beer.
So, the bar owner suggested that it would be fair to reduce each man’s bill by a higher percentage the poorer he was, to follow the principle of the tax system they had been using, and he proceeded to work out the amounts he suggested that each should now pay.
And so the fifth man, like the first four, now paid nothing (100% saving).
The sixth now paid $2 instead of $3 (33% saving).
The seventh now paid $5 instead of $7 (28% saving).
The eighth now paid $9 instead of $12 (25% saving).
The ninth now paid $14 instead of $18 (22% saving).
The tenth now paid $49 instead of $59 (16% saving).
Each of the six was better off than before. And the first four continued to drink for free. But, once outside the bar, the men began to compare their savings.
“Hey! I only got a dollar out of the $20 saving,” declared the sixth man. He pointed to the tenth man, “but he got $10!”
“Yeah, that’s right,” exclaimed the fifth man. “I only saved a dollar too. It’s unfair that he got ten times more benefit than me!”
“That’s true!” shouted the seventh man. “Why should he get $10 back, when I got only $2? The wealthy get all the breaks!”
“Wait a minute,” yelled the first four men in unison, “we didn’t get anything at all. This new tax system exploits the poor!”
The nine men surrounded the tenth and beat him up.
The next night the tenth man didn’t show up for drinks, so the nine sat down and had their beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill.
And that, boys and girls, journalists and government ministers, is how our tax system works. The people who already pay the highest taxes will naturally get the most benefit from a tax reduction.
Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas, where the atmosphere is somewhat friendlier.
(This piece is sometimes attributed to David R. Kamerschen, Ph.D., a professor of economics. However it was actually written by A man named Don Dodson, who submitted it the the Chicago Tribune editorial page.)
Obamao’s budgets make no sense. He can’t get one passed by Congress!!
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