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Keyword: redistribution

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  • 2 states challenge German redistribution system

    03/25/2013 3:14:35 PM PDT · by Olog-hai · 3 replies
    Associated Press ^ | Mar 25, 2013 8:31 AM EDT
    Two wealthy German states have filed a lawsuit in the country’s highest court challenging a system under which money is redistributed to less prosperous regions. Bavaria’s state government said it and the state of Hesse filed the suit Monday with the Federal Constitutional Court. … The system is supposed to help ensure equal living conditions nationwide. …
  • Bankrate: Payroll tax increase hits middle-income households hardest

    03/25/2013 10:35:25 AM PDT · by TurboZamboni · 14 replies
    baltimore sun ^ | 3-25-13 | Eileen Ambrose
    <p>Nearly half — 48 percent — of American workers haven’t noticed that more money is being taken out of their paychecks for the payroll tax that funds Social Security, according to a survey released today by Bankrate.com.</p> <p>In the previous two years, workers’ paid 4.2 percent of wages (on income of up to $113,700 this year) instead of 6.2 percent. But during last year’s tax negotiations to avoid the fiscal cliff, the payroll tax holiday wasn’t extended. Many predicted at the time that low-income workers would be the most hurt by the payroll tax going up 2 percentage points.</p>
  • Cyprus now looks to take 25 percent from bank accounts of wealthy...(Obama must be drooling)

    03/24/2013 8:45:12 AM PDT · by Dallas59 · 32 replies
    MSNBC ^ | 3/24/2013 | MSNBC
    NICOSIA -- Cyprus said on Saturday it was looking at seizing a quarter of the value of big deposits at its largest bank as it races to raise the funds for a bailout from the European Union and to avert financial collapse. Finance Minister Michael Sarris said "significant progress" had been made in talks in Nicosia with officials from the European Union, European Central Bank and International Monetary Fund. He confirmed discussions were centered on a possible levy of around 25 percent on holdings of over 100,000 euros (about $130,000) at Bank of Cyprus, and expressed hope that a package...
  • Thieves Plunder Crashed SUV of Tires, Wheels and Battery - While Dying Driver Lay Trapped Underneath

    03/22/2013 7:31:47 PM PDT · by DogByte6RER · 22 replies
    Daily Mail (U.K.) ^ | 22 March 2013 | Daily Mail Reporter
    Thieves plunder crashed SUV of tires, wheels and battery - while its dying driver lay trapped underneath A man who was crushed to death by his SUV after a fatal accident suffered the final indignity of being robbed as he lay trapped under the vehicle. Police in New Mexico say 26-year-old Steven Roy Reese of Carlsbad was killed either Tuesday night or Wednesday morning when he apparently lost control of his 1996 Ford Explorer on a little-used dirt road. However, when they got to the vehicle they discovered that somebody had stolen wheels, tires and the battery from the wrecked...
  • Hugo Chavez Net Worth: $1 Billion

    03/05/2013 6:30:41 PM PST · by lbryce · 43 replies
    Celbrity Net Worth ^ | March 5, 2013 | Staff
    Hugo Chavez net worth: Hugo Chavez was a Venezuelan politician who had a net worth of $1 billion at the time of his death on March 5th 2013. Hugo Rafael Chavez Frias was born in was born July 28, 1954 in Sanbaneta, Venezuela. When he died, Chavez had been the President of Venezuela since February 2, 1999. At age 17, Chavez enrolled in the Venezuelan Academy of Military Sciences, graduating in 1975 as a sub-lieutenant with a degree in Military Arts & Sciences. Upon completing his studies, Chavez entered active military service as a member of a counter insurgency battalion...
  • Soak the Youth: Ageism in America

    02/25/2013 2:02:14 PM PST · by FreeMerica · 25 replies
    Rancor News ^ | February 25th, 2013 | Tyson
    The Simpon's Helen Lovejoy iconized the phrase, “Won't somebody think of the children?,” but in an age where every “ism” has a special interest group and being called any sort of “ist” is the ultimate character assault our youth receive very little consideration on the big issues of the day. Social Security, often presented as an investment in your future, is merely a wealth transfer from the young to old. Many youth today see the demographic writing on the wall and understand that, like all ponzi schemes, Social Security can't outrun arithmetic forever. Youth are forced to subsidize the lifestyles...
  • Billionaire has unique role in official Washington: climate change radical

    02/23/2013 8:16:49 AM PST · by Lorianne · 28 replies
    Washington Post ^ | 17 February 2013 | Juliet Eilperin
    When Thomas Steyer — a San Francisco billionaire and major Democratic donor — discusses climate change, he feels as if one of two things is true: What he’s saying is blindingly obvious, or insane. It’s a somewhat shocking statement for someone who’s in the running to succeed the cerebral Steven Chu as energy secretary. Granted, he’s a long shot — the leading contender is MIT professor Ernest Moniz, who served as the department’s undersecretary during the Clinton administration — but his backers say his strength lies in combining business savvy with an activist’s passion. But it’s not as if Steyer,...
  • Will Obama push us over the edge?

    02/22/2013 12:07:21 PM PST · by richardb72 · 13 replies
    Fox News ^ | February 22, 2013 | John Lott
    Obama thinks he has a mandate for change. But this is the man who ran for president in 2008 promising to “cut net spending” and to shrink the federal government; a man who promised that his “stimulus” spending was only temporary. Obama hid regulations from view until after his reelection. The press maintained the fiction that Obama supports the Second Amendment and is no threat to citizens’ keeping guns for self-defense. Yet the day after his reelection, Obama called for the UN Arms Trade Treaty negotiations to be started again, and a few weeks later he promised to put the...
  • A Shaken Tax Landscape

    02/17/2013 10:14:54 AM PST · by Kid Shelleen · 10 replies
    Philadelphia Inquirer ^ | 02/05/2013 | Troy Graham and Dylan Purcell
    The politicians and analysts have been talking for more than a year about the potential winners and losers from Mayor Nutter's property tax reform, and now the lines have been drawn. The results of a citywide reassessment key to Nutter's Actual Value Initiative (AVI) were released Friday, and the data confirm some long-held expectations - wealthier, fast-changing neighborhoods are facing stiff increases, and many large commercial properties will see big drops in their bills. Some hikes are jaw-dropping. --snip-- It amounts to a massive redistribution of the city's property tax burden, and the stakes for both homeowners and politicians could...
  • Chicago Revises 911 Procedures

    02/12/2013 10:37:31 AM PST · by John Semmens · 7 replies
    Semi-News/Semi-Satire ^ | 9 Feb 2013 | John Semmens
    Citing limited resources and a surging murder rate, the City of Chicago announced new rules for how 911 calls are to be handled. From this point on, simple property crimes will no longer qualify for immediate, or possibly any, attention. Chicago Deputy Chief-of-Patrol Steve Georgas explained that “last year over 500 people were murdered in our city. Obviously, with this serious mayhem underway we don’t have time for the small stuff. If somebody shoots somebody else we’ve got to have the resources available to respond. This has to take priority over mere theft.” The change was directed by Mayor Rahm...
  • The Case for a 25-Hour Work Week (This Is Not a Joke)

    02/05/2013 4:00:57 PM PST · by Professional Engineer · 39 replies
    Inc. ^ | Feb. 4, 2013 | Laura Entis
    The 40-hour work week is an outdated model, according to Science Nordic's James W Vaupel, head of the new Danish Max Planck research center. Instead, he argues, we should only work 25 hours a week--but keep working until we’re octogenarians. “We’re getting older and older here in Denmark. Kids who are ten years old today should be able to work until the age of 80. In return, they won’t need to work more than 25 hours per week when they become adults,” Vaupel told Science Nordic. “In the 20th century we had a redistribution of wealth. I believe that in...
  • Visualizing the 2012 Distribution of Income in the U.S. by Age

    01/27/2013 6:14:57 AM PST · by Kaslin · 26 replies
    Townhall.com ^ | January 27, 2013 | Political Calculations
    Where do you fit in the 2012 ranking of total money income by age group in the United States? While we've previously built a tool where you can find out your percentile ranking among all individuals, men, women, families and households in the U.S., we thought it might be fun to break the data for individuals down a little differently - by age group! Our chart below reveals what that distribution looked like for 2012, as indicated by the curves showing the major income percentiles from the 10th through the 90th percentile for each indicated age group on the horizontal...
  • Communists Cheer On Obama's Gun Grab

    01/24/2013 6:26:35 PM PST · by VitacoreVision · 54 replies
    The New American ^ | 24 January 2013 | William F. Jasper
    No surprise that the Communist Party USA, plus official voices from Communist China and Russia, endorse Obama's latest attacks on the 2nd Amendment. Communists Cheer On Obama’s Gun Grab The New American 24 January 2013 It should come as no surprise that the Communist Party USA is on board with President Obama’s plan to attack Americans’ right to keep and bear arms as a means to “end gun violence.” A cardinal feature of communist regimes, like all dictatorships, is the prohibition of private ownership of arms, creating a monopoly of force in the hands of the State. In a...
  • World’s 100 richest earned enough in 2012 to end global poverty 4 times over

    01/20/2013 9:50:34 AM PST · by TaxPayer2000 · 91 replies
    RT.com ^ | 20 January, 2013, 15:46
    The world's 100 richest people earned a stunning total of $240 billion in 2012 – enough money to end extreme poverty worldwide four times over, Oxfam has revealed, adding that the global economic crisis is further enriching the super-rich. “The richest 1 percent has increased its income by 60 percent in the last 20 years with the financial crisis accelerating rather than slowing the process,” while the income of the top 0.01 percent has seen even greater growth, a new Oxfam report said. For example, the luxury goods market has seen double-digit growth every year since the crisis hit, the...
  • Obama Seeks "Fuller Understanding" of What Happened in Algeria Siege

    01/19/2013 4:02:40 PM PST · by kristinn · 102 replies
    Reuters ^ | Saturday, January 19, 2013 | Matt Spetalnick
    President Barack Obama offered on Saturday to provide any assistance the Algerian government needs after a deadly hostage siege at a desert gas plant and said the United States was seeking a "fuller understanding" from Algerian authorities of what took place there. "The thoughts and prayers of the American people are with the families of all those who were killed and injured in the terrorist attack in Algeria," Obama said in his first comments on the hostage crisis. Obama's written statement was issued by the White House after the Algerian army carried out a dramatic final assault to end a...
  • Hilarious: Obama Voters Furious About Tax Hikes

    01/07/2013 7:28:58 PM PST · by Beave Meister · 32 replies
    Independent Journal Review ^ | 1/7/2013 | Kyle Becker
    Democrat voters received a dose of economic reality after their New Year’s hangovers wore off, when they looked down at their 2013 paystubs and saw not Obama bucks, but higher federal taxes. How misplaced was their trust in re-electing defender of the middle class tax-raiser President Obama? Workers making $30,000 will take a bigger hit on their pay than those earning $500,000 under the fiscal cliff deal. And Democrats are seeking $1 trillion more in tax “revenue” by the end of this year. Now, it’s not nice to laugh at other people’s shock and surprise, but this is about as...
  • Obama’s $264 Billion Tax Bill for 2013 May Spark New Recession

    01/07/2013 8:44:45 PM PST · by Olog-hai · 28 replies
    Newsmax ^ | Monday, 07 Jan 2013 10:18 PM | David A. Patten
    With the fiscal cliff deal and many Obamacare taxes taking effect, Americans will be slammed with an estimated $264 billion in new taxes this year alone—making 2013 memorable for delivering one of the largest one-year tax increases in American history. The math breakdown of the new taxes is simple: Key parts of the Bush tax cuts will expire as a result of the new fiscal cliff legislation, hitting American taxpayers with a tax bill of about $39.5 billion each year for the next decade. … Moody’s chief economist Mark Zandi issued a projection that the tax burden will cut GDP...
  • Obama's Affirmative Action: Tax Increases for Everyone!

    01/07/2013 10:52:09 AM PST · by Kaslin · 11 replies
    Townhall.com ^ | January 7, 2013 | Morgan Brittany
    Here we go again folks, the Obama lies continue to flow.  Remember when he said this?  “I can make a firm pledge.  Under my plan no family making under $250,000 a year will see any form of tax increase.  Not your income tax, not your payroll tax, not your capital gains, not any of your taxes.”  Really.  Then how is it that this week when people got their payroll checks they were a little thinner than they were in 2012?  I’m not talking about the “evil rich”, but the average everyday worker.  With the expiration of the payroll tax cut,...
  • CURL: Obama supporters shocked, angry at new tax increases

    01/06/2013 4:23:49 PM PST · by Reagan is King · 107 replies
    The Washington Times online ^ | Sunday, January 6, 2013 | Joseph Curl
    Sometimes, watching a Democrat learn something is wonderful, like seeing the family dog finally sit and stay at your command. With President Obama back in office and his life-saving “fiscal cliff” bill jammed through Congress, the new year has brought a surprising turn of events for his sycophantic supporters. “What happened that my Social Security withholding’s in my paycheck just went up?” a poster wrote on the liberal site DemocraticUnderground.com. “My paycheck just went down by an amount that I don’t feel comfortable with. I guarantee this decrease is gonna’ hurt me more than the increase in income taxes will...
  • Pelosi: More tax revenues must be part of next deficit deal

    01/07/2013 2:29:19 AM PST · by Libloather · 20 replies
    The Hill ^ | 1/06/13 | Mike Lillis
    Pushing back against the Republicans' deficit-reduction strategy, House Minority Leader Nancy Pelosi (D-Calif.) said this weekend that more tax revenues – not just spending cuts – must be a part of Congress's effort to rein in deficits. Pelosi said the tax hikes in the recent “fiscal-cliff” deal are a start, but don't go far enough to generate the revenues the government needs to run the country effectively. "In this legislation we had $620 billion, very significant … changing the high-end tax rate to 39.6 percent. But that is not enough on the revenue side," Pelosi told CBS's Bob Schieffer in...
  • $1 Trillion Obamacare Tax Hike Hitting on Jan. 1

    01/01/2013 6:10:39 AM PST · by RoosterRedux · 19 replies
    Obamacare contains twenty new or higher taxes. Five of the taxes hit for the first time on January 1. In total, Americans face a net $1 trillion tax hike for the years 2013-2022, according to the Congressional Budget Office. The five major Obamacare taxes taking effect on January 1 are as follows: The Obamacare Medical Device Tax: Medical device manufacturers employ 409,000 people in 12,000 plants across the country. Obamacare imposes a new 2.3 percent excise tax on gross sales – even if the company does not earn a profit in a given year. In addition to killing small business...
  • The Depardieu Revolution

    01/01/2013 7:30:29 AM PST · by Kaslin · 16 replies
    Townhall.com ^ | January 1, 2013 | Pat Buchanan
    When Socialist President Francois Hollande took office, he swiftly made good on his pledge to raise the top tax rate on Frenchmen who earn a million euros a year -- to 75 percent. The regime would now confiscate three of four dollars that the most successful Frenchmen earned. Paris also imposes a wealth tax on assets worth more than $1.7 million. This broke it for Gerard Depardieu, the famed actor and bon vivant who has performed in scores of films in such roles as Jean Valjean in "Les Miserables" and Cyrano de Bergerac. Depardieu put his Paris mansion up...
  • Take a flyin’ leap (Obama is obsessed with the $250,000 figure)

    12/27/2012 3:41:04 PM PST · by SeekAndFind · 17 replies
    New York Post ^ | 12/27/2012 | Charles Gasparino
    Get ready, all you “millionaires and billionaires” with kids in college and taxes to pay on your homes in and around New York City. It doesn’t matter that you bring home just $250,000 a year and have a family of four or more. President Obama thinks you’re part of the evil 1 percent and you should pay higher taxes — a lot higher. That’s the unfortunate reality for many New Yorkers, no matter what happens during the fiscal-cliff negotiations designed to avert taxes going up on everyone, regardless of income, if a deal isn’t reached sometime soon. Those talks have...
  • Redistribution as Slavery

    12/19/2012 1:53:21 AM PST · by neverdem · 18 replies
    American Thinker ^ | December 18, 2012 | Dean Kalahar
    The idea that we should take from those who have and give to those who don't is viewed as proper and just among liberals. In fact, if you do not subscribe to redistribution ideology, you are attacked as being greedy at best and racist at worst. The problem is that income redistribution in practice promotes one of the same moral injustices found under slavery. As Thomas Sowell put it: "Not since the days of slavery have there been so many people who feel entitled to what other people have produced as there are in the modern welfare state." If morality...
  • In nation's capital, the government robs from the poor and gives to the rich

    12/18/2012 5:41:24 PM PST · by SeekAndFind · 3 replies
    American Thinker ^ | 12/18/2012 | Rick Moran
    Reuters has begun a series of articles on income inequality in America and lo and behold, they discovered that a major culprit behind the gap is the government itself. The initial offering in the series details what has happened in Washington, D.C. since the "War on Poverty" began: ******** In the town that launched the War on Poverty 48 years ago, the poor are getting poorer despite the government's help. And the rich are getting richer because of it. The top 5 percent of households in Washington, D.C., made more than $500,000 on average last year, while the bottom 20...
  • The Bondage Of Redistribution Ideology

    12/17/2012 6:55:52 AM PST · by SeekAndFind · 2 replies
    RCM ^ | 12/17/2012 | Dean Kalahar
    "Not since the days of slavery have there been so many people who feel entitled to what other people have produced as there are in the modern welfare state." -Thomas Sowell _____________________ The idea that we should take from those who have and give to those who don't is viewed as proper and just among liberals. In fact, if you do not subscribe to redistribution ideology, you are attacked as being greedy at best and racist at worst. The problem is that income redistribution in practice promotes one of the same moral injustices found under slavery. A simple inquisition will...
  • Tax Rich Liberals

    12/13/2012 4:08:23 AM PST · by Kaslin · 19 replies
    Townhall.com ^ | December 12, 2012 | Ann Coulter
    Republicans have been forced into a Hobson's choice of either letting the Bush tax cuts expire for everyone or agreeing to a tax hike on the top 2 percent of income earners (not to be confused with "the rich," who have already made, inherited or married their money). If Republicans object to the Democrats' hitting job creators with a tax hike, three things will happen: Taxes will go up for everyone; Republicans will be seen as the "party of the rich"; and the inevitable economic collapse will be blamed on Republicans. If Democrats were merely trying to raise taxes on...
  • Google saves $2B in taxes by sheltering $10B in revenue in Bermuda

    12/10/2012 9:18:06 AM PST · by Obadiah · 16 replies
    CNET ^ | 12/10/2012 | Shara Tibken
    Google avoided about $2 billion in global income taxes last year by shifting $9.8 billion in revenue into a Bermuda shell company, Bloomberg reported. That level is almost double the total from three years ago, Bloomberg said, citing a Nov. 21 regulatory filing by a Google subsidiary in the Netherlands. And it allowed Google to cut its overall tax rate almost in half. Google's action -- moving about 80 percent of its total pretax profit from 2011 to tax-free Bermuda -- isn't illegal. On the contrary, many companies have taken similar steps in recent years to avoid paying steep taxes....
  • Obama’s Kingdom of Fairness: Forget the debt. It's the role of gov't to soak the undeserving rich.

    12/06/2012 9:48:04 AM PST · by SeekAndFind · 11 replies
    National Review ^ | 12/06/2012 | Victor Davis Hanson
    We are still borrowing more than $1 trillion a year. Barack Obama has added more than $5 trillion to the national debt in his first term alone. Such massive borrowing is unsustainable. Someone somehow at some time has to pay it back. Obama would agree. He once alleged that George W. Bush’s much smaller deficits were “irresponsible” and “unpatriotic.” Obama himself vowed to cut the budget deficit in half by the end of his first term. Instead, Obama’s annual deficits have never gone below $1 trillion. Three ways to establish a long-term trajectory toward a balanced budget were under discussion....
  • Neo-Bolshevik CA Teacher Union Employs Cute Class-Warfare Cartoon to Drum-Up Hatred 4 the Evil Rich

    12/06/2012 5:19:09 AM PST · by Reaganite Republican · 11 replies
    Reaganite Republican ^ | 06 December 2012 | Reaganite Republican
    With radical bonehead Ed Asner narrating, great This crap will make you sick: manipulative indoctrination propaganda -it looks like something you'd see out of Pyongyang- that will inevitably be shown in a classroom full of impressionable, young children, and at taxpayer expense (!) Maybe somebody should tell these Obammunist losers that top earners in the Golden State are already slated to be paying over half their income in taxes next year- but since when do we ever we allow ourselves to be topped by France, eh libs? [YouTube] Update: Below summary replaces original video -which portrayed 'the rich' urinating on the poor-  since the California...
  • 7 Reasons Socialism Will Make You Poorer Than Capitalism

    12/04/2012 4:26:17 AM PST · by Kaslin · 28 replies
    Townhall.com ^ | December 4, 2012 | John Hawkins
    Given what we know in 2012, saying that capitalism will make a society richer than socialism should be about as controversial as saying the earth is round, not flat. Yet, a recent Gallup poll shows that more liberals have a positive view of socialism than capitalism. This is only possible because there are so many perverse incentives that drive the promotion of socialism. If you're a politician, socialism puts power in your hands while capitalism takes it away. If you want to use the government to control people's lives, socialism is a wonderful vehicle to do just that while capitalism...
  • BARF ALERT: On Race and Taxes, Both Parties Insist Upon Speaking No Evil

    12/03/2012 10:48:35 AM PST · by walford · 9 replies
    Color Lines ^ | November 30 2012 | Imara Jones
    <p>Our current national argument over taxes, debt and the fiscal cliff is nominally about balancing spreadsheets and the arcana of economic formulas, but it’s actually about race. And the fact that those on either side of the budget conversation—both Democrats and Republicans—will not acknowledge as much prevents us from having an honest conversation about what’s at stake.</p>
  • Huge Powerball Payout Inspires “Ingenious” Fiscal Idea

    11/30/2012 11:42:42 PM PST · by John Semmens · 32 replies
    Semi-News/Semi-Satire ^ | 1 Dec 2012 | John Semmens
    The nearly $600 million payout to the two winners of this week's latest Powerball lottery drawing has inspired what Treasury Secretary Timothy Geithner called “an ingenious and painless way out of the government's chronic debt crisis.” Geithner's “ingenious and painless” plan calls for the Federal Reserve to buy a minimum of $30 billion in Powerball tickets every week. “Over the course of a year this would generate a minimum of $1.5 trillion in lottery winnings,” Geithner calculated. “As the holder of more than 99% of each week's outstanding tickets, the federal government would almost certainly win each week's jackpot. The...
  • Fiscal Cliff: Why Congress Might Have to Mess with the 401(k)

    11/29/2012 11:20:58 AM PST · by Perdogg · 196 replies
    Time ^ | 11/29/12 | Dan Kadlec
    One of the earliest fears about tax-favored savings accounts like IRAs and 401(k) plans was that when this pool of savings grew large enough Congress would not be able to resist tapping it to help solve the nation’s debt problems. We’re about to find out if those fears—persistent for decades—have been justified. Everything including the sacred mortgage deduction is on the table as lawmakers wrestle with the fiscal cliff, a year-end avalanche of scheduled spending cuts and tax increases. With a combined $10 trillion sitting in IRAs and 401(k) plans, retirement accounts make a juicy target. Some of this money...
  • What Price ‘Fairness’? (Will an even more progressive tax code solve our debt problems?)

    11/20/2012 7:03:36 AM PST · by SeekAndFind · 2 replies
    National Review ^ | 11/20/2012 | Mona Charen
    Realistic Republicans understand that President Obama and the Democrats head into fiscal-cliff negotiations in a far stronger bargaining position now than in 2011. When voters were asked on November 6 whether they favored raising taxes to reduce the deficit, a total of 60 percent said yes (47 percent favored increasing taxes for those who earn $250,000 or more, and 13 percent approved tax increases for all). So taxes will be going up. As a matter of political strategy — not to say survival — Republicans will have to agree to raise taxes on those defined as rich. It’s more than...
  • Taxing the Rich doesn't cost you anything. Really?

    11/19/2012 6:16:10 AM PST · by econjack · 71 replies
    The Growth Stock Wire ^ | Nov. 19, 2012 | Jeff Clark
    A Shocking Story About Greed and Taxes By Jeff Clark Monday, November 19, 2012 Raising taxes on the rich raises taxes on everyone. My home state of California just passed Proposition 30, which increases income taxes on residents who make $250,000 a year or more. The top marginal tax rate is now 13.3%, the highest of any state. Proposition 30 was sold to the voters as "this won't cost you a dime, but it'll make the rich pay their fair share to put our schools back in shape." Since so many voters thought they were excluded from the tax, and...
  • HOLD ON TO YOUR WALLETS!

    11/18/2012 8:43:51 PM PST · by SaveOurRepublicFromTyranny · 12 replies
    TEA PARTY NEWS NETWORK ^ | November 14, 2012 | Jennifer Burke
    Even though there was simply too much evidence that demonstrated Obama’s deep-rooted belief in the Socialist based redistribution of wealth, he continuously tried to walk it back or deny it. That is, until he found a way to sell the snake oil of “economic justice” in a manner that rallied his troops behind him and, as a result, tore a deep divide within this country. He changed the language to demand that the rich “pay their fair share”...
  • Best Foot Forward?

    11/16/2012 7:00:13 AM PST · by Kaslin · 5 replies
    Townhall.com ^ | November 16, 2012 | Mona Charen
    Our large cruise ship sailed within view of Guantanamo Bay, Cuba, as a gathering of conservatives sponsored by National Review magazine considered the wreckage of the 2012 election. Most of the writers and commentators on board agreed with Ralph Reed of the Faith and Freedom Coalition that the last thing conservatives need to do now is to form a "circular firing squad." But lessons must be learned. Was Mitt Romney, as some suggested, "our best foot forward" -- a highly intelligent, photogenic, generous, public-spirited, articulate man of great integrity whose loss can only be chalked up to the poor judgment...
  • House GOP leaders pledge to oppose climate change ‘tax’

    11/15/2012 5:11:35 PM PST · by Libloather · 22 replies
    The Hill ^ | 11/15/12 | Ben Geman
    House GOP leaders pledge to oppose climate change ‘tax’By Ben Geman - 11/15/12 03:16 PM ET The entire House GOP leadership team has registered its opposition to climate legislation that raises revenue, underscoring the long odds that taxing carbon emissions has in negotiations on the fiscal cliff. The Tea Party group Americans for Prosperity greeted Wednesday’s election of the House GOP leadership team by pointing out that the lawmakers are among the signers of the group’s “no climate tax” pledge. Signers agree to “oppose any legislation relating to climate change that includes a net increase in government revenue.” They include...
  • [Video] Teaching Kids Obama-style Redistribution of Wealth Philosophy With Candy - Halloween Prank

    10/31/2012 6:51:18 PM PDT · by VitacoreVision · 3 replies
    Youtube ^ | Oct 30, 2012 | Steven Crowder
    [Video] Teaching Kids Obama-style Redistribution of Wealth Philosophy With Candy - Halloween PrankWatch: https://www.youtube.com/watch?v=aMINDRisi60In an "Obama-style" Halloween prank, Fox News contributor, actor and comedian Steven Crowder paid a visit to young trick-or-treaters at a local church's "trunk or treat" event and attempted to "redistribute" their candy to make the system more "fair." In the video, Crowder, dressed in a monkey costume, says the stunt is an attempt to teach kids about the American tax system. Of course, the Obama administration's official stance on tax policy is based on the belief that the rich aren't paying their "fair share" in taxes...
  • President Obama’s Halloween Message 2012

    10/30/2012 10:54:23 PM PDT · by garjog · 26 replies
    White House ^ | October 31, 2012 | Barak Obama
    President Obama’s Halloween Message White House, October 31, 2012 Good morning. This Halloween we are reminded of the hardship suffering by victims of the hurricane that has ravished the east coast. Our hearts go out to all who are in need. At this difficult moment it is good to pause and celebrate the American tradition of giving and receiving. Nearly 500 years ago, the people of Scotland set aside this evening as All-Hallows-Even, that is, the night before All Hallows Day. Since then, the ancestors of Americans have looked for inspiration in the giving and receiving of treats on this...
  • California’s Prop. 31: The Revolution Will Not Be Publicized

    10/21/2012 5:30:04 PM PDT · by GodGunsGuts · 92 replies
    NRO ^ | September 10, 2012 | Stanley Kurtz
    We are two months away from fundamentally transforming the State of California, and barely anyone knows it. With a five to six point lead in the latest poll, Proposition 31 has a solid shot at passage. The measure is meant to bail out California’s failing cities by creating regional super-governments empowered to raid and redistribute suburban tax money. It’s the end of the system of local self-government that has served as the bedrock of American democracy since the time of the Founders — in the nation’s largest state, no less. Yet virtually no one is paying attention...
  • The French Great Socialist Revolution Will Be Homework-Free, And Very, Very Cold

    10/19/2012 9:09:17 AM PDT · by Snuph · 9 replies
    Zerohedge ^ | 10/19/2012 | Tyler Durden
    Whereas some may have welcomed the latest development in the Great French Socialist Revolution chronicles, primarily those 8-16 year olds who would directly benefit from president Francois Hollande's attempt to capture the vote of those still ineligible to actually vote, by promising to do away with homework (because it encourages "inequality" as homework apparently "favors the wealthy"), everyone else saw right through it for the sad attempt at populism it was. Luckily, the impact of this idiotic policy, if it were to actually pass, would not be visible for at least a decade at which point French society would be...
  • Stick-it-to-rich tax plan may backfire on France

    10/18/2012 5:33:51 AM PDT · by COBOL2Java · 18 replies
    The Washington Times ^ | 19 October 2012 | Maya Vidon-White - Special to The Washington Times
    PARIS — France’s Socialist government is proposing a slew of taxes — on art, on businesses, on the rich — that are drawing criticism for stifling entrepreneurship and scaring off the wealthy. “Unfortunately, I think the politics we are leading in France will turn out to be catastrophic for the economy, which is already in bad shape,” said French economist Marc Touati, author of “When the Eurozone Explodes.” “This is a serious mistake, something you learn in [Economy 101] — it will aggravate the recession and therefore shrink the tax base.” Led by President Francois Hollande, the French government proposed...
  • Officials: Obama ready to veto a bill blocking ‘fiscal cliff’ without tax hike for rich

    10/18/2012 8:59:56 AM PDT · by SeekAndFind · 25 replies
    Washington Post ^ | 10/18/2012 | By Lori Montgomery
    President Obama is prepared to veto legislation to block year-end tax hikes and spending cuts, collectively known as the “fiscal cliff,” unless Republicans bow to his demand to raise tax rates for the wealthy, administration officials said. Freed from the political and economic constraints that have tied his hands in the past, Obama is ready to play hardball with Republicans, who have so far successfully resisted a deal to tame the debt that includes higher taxes, Obama’s allies say. In the days after the November election, the tables will be turned: Taxes are scheduled to rise dramatically in January for...
  • Class Warfare: The Mortal Enemy Of Economic Growth And Jobs

    10/18/2012 6:35:26 AM PDT · by SeekAndFind · 5 replies
    Forbes ^ | 10/18/2012 | Jim Powell
    Our economy is lousy, the labor force participation rate is the lowest in 31 years, we’ve had 43 consecutive months with unemployment over 8 percent, and a record 47 million people are on food stamps, so one might expect President Obama would welcome as much help as he could get. Surely he would want private sector job creators – investors and entrepreneurs – to have the strongest possible incentives for turning around this Obama “recovery” where household incomes are falling faster than they fell in the Bush recession. But Obama’s priority is class warfare. That’s why he relentlessly denounces job...
  • Total Welfare Spending Now at $1 Trillion (Gov't. only has three choices left: Tax, Print or Borrow)

    10/18/2012 6:45:13 AM PDT · by SeekAndFind · 42 replies
    National Review ^ | 10/18/2012 | NRO Staff
    Total annual spending on federal means-tested welfare programs has hit $1 trillion. The Congressional Research Service is out with a new memorandum on spending on these programs. Senator Jeff Sessions, the ranking Republican on the Senate budget committee who requested the memo, has crunched the numbers and come up with the astonishing figure of $1 trillion in annual total spending on these programs as of fiscal year 2011, nearly $750 billion in federal dollars and another roughly $250 billion in state funding. Senator Sessions explains: Ranking Member Sessions and the minority staff of the Senate Budget Committee requested from...
  • Don't Mourn. Organize! Can unions like the UAW survive outsourcing and right-to-work laws?

    10/10/2012 2:45:27 AM PDT · by Cincinatus' Wife · 13 replies
    Slate ^ | October 9, 2012 | Kathy Waldman
    ......The UAW also advocates strongly for specific policies. In particular, it has lobbied Congress to pass Obama’s American Jobs Act, extend aid for the unemployed, refurbish urban transportation systems, update public school facilities and vacant apartment buildings, embrace progressive taxation, and provide funds to state and local governments. A fourth and final strategy involves investing in green energy. The UAW has been vocal in its support of the 2017-2025 Corporate Average Fuel Economy (CAFE) standards, which reduce U.S. oil consumption by 12 billion barrels, slash greenhouse gas emissions by 6 million metric tons, and incentivize the purchase of electric and...
  • Obama’s Global Tax Plans – Dick Morris TV: Lunch Alert!

    10/08/2012 9:27:28 AM PDT · by Signalman · 2 replies
    Dick Morris ^ | 10/8/2012 | Dick Morris
    Dear Friend, In this video commentary, I discuss how Obama won’t tell us his plans, but here they are: a series of UN imposed global taxes on all Americans. Tune in!
  • Obama’s Plan for Ohio : Making suburban taxpayers prop up failing Democratic cities

    10/08/2012 6:54:05 AM PDT · by SeekAndFind · 34 replies
    National Review ^ | 10/08/2012 | Stanley Kurtz
    Suburbanites of Ohio, listen up. As swing voters in the ultimate swing state, you will have an outsized impact on this election. President Obama has pledged to govern in the interests of middle-class voters like you. With so much resting on your shoulders, that is a promise you should scrutinize with care. What exactly are Obama’s plans for Ohio’s suburban communities? The answer may shock you. President Obama aims to help Ohio’s Democrats bail out your state’s struggling cities by forcibly transferring suburban tax money to urban treasuries. It’s a bold plan to redistribute the wealth of Ohio’s suburbs. It...