taxes  (Page 20)

Obama’s Tax Plan Undermines Social Security

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Posted by  ▪  Thursday, October 30, 2008 at 8:12am 10/30/2008 at 8:12am

Barack Obama has put forth a plan to issue refundable income tax credits so that people who pay no income taxes will get “refund” checks from the federal government. Obama justifies these payments as being a refund of “regressive” payroll taxes. At the same time, Obama proposes to uncap the limit...

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What If The People Say “No” – Lessons From Forced Collectivization

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Posted by  ▪  Tuesday, October 28, 2008 at 1:38pm 10/28/2008 at 1:38pm

The heart of Obama’s tax plan is taking from the “rich” and giving to the less rich. Yet Obama’s tax plan is based on a fallacy that the “rich” will not change their economic behavior in reaction to higher tax rates.

History tells us, however, that economic redistribution plans fail because the...

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The “Richest 5%” Are The New Kulaks

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Posted by  ▪  Monday, October 27, 2008 at 8:17pm 10/27/2008 at 8:17pm

Comrades! The revolt by the five kulak volost’s must be suppressed without mercy. The interest of the entire revolution demands this, because we have now before us our final decisive battle “with the kulaks.” We need to set an example.

1) You need to hang (hang without fail, so that the public...

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Who Will Be Left When Obama Comes for Us?

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Posted by  ▪  Sunday, October 26, 2008 at 10:26am 10/26/2008 at 10:26am

Barack Obama has vilified a small minority to whip up popular anger. Obama has turned that anger into political support. While Obama portrays himself as a new style of politician, the mistreatment of a small minority to gain popular support is one of the oldest tricks in the political book. History...

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“Joe The Plumber” and Obama’s Zero-Sum Game

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Posted by  ▪  Thursday, October 16, 2008 at 10:01am 10/16/2008 at 10:01am

Joe the Plumber made it to prime time in last night’s debate. In fact, just about the only thing anyone will remember about the debate is the name Joe the Plumber.

Joe the Plumber first became known when he confronted Barack Obama during a campaign stop, complaining that Obama’s tax plan would...

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Will 401(k)’s Disappear in the Interest of “Fairness”?

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Posted by  ▪  Wednesday, October 15, 2008 at 12:37pm 10/15/2008 at 12:37pm

From Investment News:

House Democrats contemplate abolishing 401(k) tax breaks

Powerful House Democrats are eyeing proposals to overhaul the nation’s $3 trillion 401(k) system, including the elimination of most of the $80 billion in annual tax breaks that 401(k) investors receive.

House Education and Labor Committee Chairman George Miller, D-Calif., and Rep. Jim...

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