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Keyword: stealthewealth

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  • A 62% Top Tax Rate?

    05/26/2011 12:38:26 PM PDT · by Kaslin · 30 replies
    WSJ ^ | May 26, 2011 | Stephen Moore
    Democrats have said they only intend to restore the tax rates that existed during the Clinton years. In reality they're proposing rates like those under President Carter.Media reports in recent weeks say that Senate Democrats are considering a 3% surtax on income over $1 million to raise federal revenues. This would come on top of the higher income tax rates that President Obama has already proposed through the cancellation of the Bush era tax-rate reductions. If the Democrats' millionaire surtax were to happen—and were added to other tax increases already enacted last year and other leading tax hike ideas on...
  • Steve Lerner’s plan (let the spin begin!)

    03/23/2011 7:46:22 AM PDT · by marstegreg · 26 replies
    Washington post ^ | March 23 2011 | Ezra Klein
    Let’s start at the beginning: Who is Steve Lerner? Steve Lerner is a union organizer best known as the architect of the remarkable Justice for Janitors campaign. He’s considered one of the smartest organizers, if not the smartest organizer, working in the labor movement right now. A month or two ago, when I began asking around for forward-looking labor thinkers who could give me some ideas for where labor should go after Wisconsin, his was the first name I was given — even though he’s no longer actually employed by his union. There was a good reason for that. At...
  • CAUGHT ON TAPE: Former SEIU Official Reveals Secret Plan To Crash Stock Market

    03/22/2011 12:38:29 PM PDT · by Ballygrl · 78 replies
    Business Insider ^ | 3/22/11 | Henry Blodget
    CAUGHT ON TAPE: Former SEIU Official Reveals Secret Plan To Destroy JP Morgan, Crash The Stock Market, And Redistribute Wealth In America A former official of one of the country's most-powerful unions, SEIU, has a secret plan to "destabilize" the country. The plan is designed to destroy JP Morgan, nuke the stock market, and weaken Wall Street's grip on power, thus creating the conditions necessary for a redistribution of wealth and a change in government. The former SEIU official, Stephen Lerner, spoke in a closed session at a Pace University forum last weekend. The Blaze procured what appears to be...
  • Revealed The Left’s Economic Terrorism Playbook

    Revealed The Left’s Economic Terrorism Playbook: The Chase Campaign for a Coalition of Unions, Community Groups, Lawmakers and Students to Take Down US Capitalism and Redistribute Wealth & Power
  • Wisconsin's useful idiots

    03/14/2011 9:08:14 AM PDT · by jazusamo · 36 replies
    American Thinker ^ | March 14, 2011 | Phil Boehmke
    “You’re an effing liar! You’re all effing liars,” said the school teacher in the little red Kia as he sped away. All I could do is smile, waive and laugh as he drove off, revealing the Obama/Biden ’08 bumper sticker. When the young man pulled into the “Recall Wirch” petition “drive through” site on Hwy 50 in Kenosha, Wisconsin Saturday afternoon, I approached his car and said “Hi, how are you doing today?” What followed was a fascinating exchange in which I was told to “get an effing job,” was called an “illiterate moron,” and a “fascist.” When I...
  • Van Jones And The American Dream

    03/07/2011 5:42:35 AM PST · by IbJensen · 4 replies
    Personal Liberty ^ | March 3, 2011 | Robert Ringer
    As I watch events unfolding in Wisconsin, Indiana, Ohio, et al, I wonder how many Americans realize that government employees are demanding rights that exist only in their progressive minds. They have been led to believe that their desires are rights, and that includes the right to have the government take someone elseÂ’s property and give it to them simply because they want it. In Wisconsin, the protesters keep insisting that Governor Scott Walker is trying to destroy their "collective bargaining rights." I give Walker an A thus far for his courageous stand on this issue. But I stop short...
  • Wisconsin Officials Rush to Walker-Proof Their Benefits

    03/03/2011 6:33:39 PM PST · by Nachum · 75 replies
    national review ^ | 3/3/11 | Christian Schneider
    Just days after Gov. Scott Walker introduced his budget repair bill, public-sector-union leaders said they would accept Walker’s financial demands as long as he kept collective bargaining intact. However, in the time bought by the flight of 14 Democratic state senators, local governments have been quickly adopting new contracts in advance of Walker’s bill becoming law. In effect, the unions are spraying their benefits with Walker repellent. (In fact, an investigative report shows that there may have been collusion between the missing state senators and City of Madison officials to delay the bill so contracts could be signed.) Three days...
  • Howard Dean says it is the government's job to redistribute wealth

    02/08/2011 5:57:28 AM PST · by FredJake · 24 replies · 1+ views ^ | 2/7/2011 | Joe Newby
    Remember way back in 2008 when then-candidate Barack Obama told Joe Wurzelbacher (aka "Joe the Plumber") about his desire to "spread the wealth"? “It’s not that I want to punish your success,” he told Wurzelbacher. “I just want to make sure that everybody who is behind you, that they’ve got a chance for success too. My attitude is that if the economy’s good for folks from the bottom up, it’s gonna be good for everybody … I think when you spread the wealth around, it’s good for everybody.” Since then, the idea of redistribution of wealth has become a subject...
  • Obama: Corporate Profits "Have To Be Shared By American Workers" (video)

    02/07/2011 9:18:42 AM PST · by i88schwartz · 89 replies
    RealClearPolitics ^ | February 7, 2011 | RealClearPolitics
    "If we're fighting to reform the tax code and increase exports, the benefits cannot just translate into greater profits and bonuses for those at the top. They have to be shared by American workers, who need to know that opening markets will lift their standard of living as well as your bottom line," President Obama told the Chamber of Commerce on Monday morning.
  • GM IPO is Wealth Redistribution Scheme

    11/09/2010 3:21:22 PM PST · by jazusamo · 13 replies · 2+ views
    National Legal & Policy Center ^ | November 9, 2010 | Mark Modica
      The term "wealth redistribution" has been used by political pundits on the right who accuse Democrats of having a misguided agenda wherein the wealthiest Americans will be able to subsidize a government spending spree in order to redistribute wealth to the less affluent populace. General Motors, through its reorganization plan, has contrived its own version of wealth redistribution. This action was orchestrated by the Obama Administration as it took control of the GM bankruptcy process. Old GM shareholders and bondholders, along with taxpayers, lose out as new wealth is created for bankruptcy attorneys and advisers, investment banks and...

    10/15/2010 12:32:38 PM PDT · by bestintxas · 44 replies
    TLC ^ | 10/14/10 | Paul L. Williams, Ph.D.
    The U. S. State Department today announced that the Obama Administration has agreed to contribute $4 billion to the United Nations Global Fund to fight AIDs, Tuberculosis, and Malaria from 2011 to 2013. The $4 billion represents a 38% increase over the previous U.S. commitment to the fund. United Nations Secretary-General Ban Ki-moon said that a total of $11.7 billion has been raised from 40 countries, the European Commission, faith-based organizations, private foundations, and various corporations. This means that over one-third of the money will come from the pockets of US taxpayers. Oil-rich nations like Saudi Arabia, Abu Dhabi, and...
  • New Lame Duck Threat to Bailout Union Pensions (401k threat)

    10/13/2010 1:38:09 PM PDT · by roses of sharon · 47 replies · 3+ views
    Human Events ^ | 10/8/10
    Democrats in the Senate on Thursday held a recess hearing covering a taxpayer bailout of union pensions and a plan to seize private 401(k) plans to more "fairly" distribute taxpayer-funded pensions to everyone. Sen. Harkin (D-Iowa), Chairman of the Health, Education, Labor and Pensions (HELP) Committee heard from hand-picked witnesses advocating the infamous "Guaranteed Retirement Account" (GRA) authored by Theresa Guilarducci. In a nutshell, under the GRA system government would seize private 401(k) accounts, setting up an additional 5% mandatory payroll tax to dole out a "fair" pension to everyone using that confiscated money coupled with the mandated contributions. ***...
  • Obama's Vendetta Against the Wealthy

    09/22/2010 10:05:02 AM PDT · by Kaslin · 21 replies ^ | September 22, 2010 | Donald Lambro
    WASHINGTON -- President Obama has a real problem with wealth and people who have it -- something this anemic, investment-starved economy needs more of, not less. He also has trouble understanding growth economics and the recent economic history concerning tax rates, budget deficits and tax revenues, often citing statistics and outcomes that are just plain wrong. He demonstrated his ignorance anew Monday during a one-hour town hall-style gathering where he took questions from CNBC analyst John Harwood and a studio audience that expressed deep disappointment and skepticism about his handling of the economy. On the whole, it was a disappointing...
  • Obama Endorses Global Taxes on Eve of U.N. Summit

    09/17/2010 7:00:06 AM PDT · by unspun · 146 replies · 1+ views
    Gulag Bound ^ | September 17, 2010 | Cliff Kincaid
    In a classic case of misdirection, while the media are preoccupied with the fate of the Bush tax cuts, President Obama is preparing to attend a United Nations summit next week to endorse “innovative finance mechanisms”—global taxes—to drain even more wealth out of the U.S. economy. A draft “outcome document” produced in advance of the September 20-22 U.N. Summit on the Millennium Development Goals (MDGs) commits the nations of the world to supporting “innovative financing mechanisms” to supplement foreign aid spending. The term “innovative financing mechanisms” is a U.N. euphemism for global taxes. But the document actually goes further, praising...
  • Expiring tax cuts hit taxpayers at every level

    09/16/2010 2:15:12 PM PDT · by reaganaut1 · 12 replies · 1+ views
    Associated Press ^ | September 16, 2010 | STEPHEN OHLEMACHER
    Here's some pressure for lawmakers: If they don't reach agreement on extending soon-to-expire Bush-era tax cuts, nearly all their constituents back home will get big tax increases. A typical family of four with a household income of $50,000 a year would have to pay $2,900 more in taxes in 2011, according to a new analysis by Deloitte Tax LLP, a tax consulting firm. The same family making $100,000 a year would see its taxes rise by $4,500. Wealthier families face even bigger tax hikes. A family of four making $500,000 a year would pay $10,800 more in taxes. The same...
  • Pelosi sees no justification for high-end tax cuts

    09/16/2010 12:23:56 PM PDT · by Free ThinkerNY · 19 replies · 1+ views
    Reuters ^ | Sept. 16, 2010
    (Reuters) - U.S. House of Representatives Speaker Nancy Pelosi said on Thursday there is "no justification" for extending tax cuts for the wealthiest Americans, saying the nation cannot afford the price tag. Democrats largely back President Barack Obama's plan to extend lower taxes for middle and lower income groups only, but a small minority favor renewing tax cuts for all Americans, including the wealthiest three percent. Republicans are insisting that high-income people be included in any tax-cut extensions. The lower tax rates date to the Republican administration of President George W. Bush.
  • Boehner to the rich: don’t blame me. If you like your money, stop funding the Democrats!

    09/13/2010 7:59:14 AM PDT · by Big Bureaucracy · 52 replies
    Big Bureaucracy ^ | September 13th, 2010 | Ellie Velinska
    Here comes the Boehner’s genius: rich democrats talk class warfare only because they believe the Republicans are there to protect their success. If the Republicans give up and let the radical left President run wild without a check – all those rich democrats will have to walk the walk to IRS, not only talk the talk. House Republicans Leader (and soon to be Speaker) John Boehner called President Obama’s bluff and stated he will vote for extending only part of the Bush tax-cuts if the Democrats have no will to give tax-cuts for the wealthy. That sent shock-waves through the...
  • 41 Obama White House aides owe the IRS $831,000 in back taxes -- and they're not alone

    09/10/2010 7:26:53 AM PDT · by Qbert · 140 replies · 2+ views
    LA Times ^ | 9/10/2010 | Andrew Malcom
    Over the years a lot of suspicion has built up across the country about Washington and its population of opportunistic transients coming to see themselves as a special kind of person, somehow above average working Americans who don't work down in that former swamp. Well, finally, an end to all those undocumented doubts. Thanks to some diligent digging by the Washington Post, those suspicions can at last be put to rest. They're correct. Accurate. Dead-on. Laser-guided. On target. Bingo-bango. As clear as it's always seemed to those Americans who don't feel special entitlements and do meet their government obligations. We...
  • Debate over: Obama rules out extending Bush tax cuts for richest taxpayers

    09/08/2010 9:11:14 AM PDT · by SeekAndFind · 51 replies
    Hotair ^ | 09/08/2010 | Allahpundit
    Message from The One to Peter Orszag: I won. President Obama will rule out on Wednesday any compromise that would extend the Bush-era tax cuts for the wealthy beyond this year, officials said, adding a populist twist to an election-season economic package that is otherwise designed to entice support from big businesses and their Republican allies. Mr. ObamaÂ’s opposition to allowing the high-end tax cuts to remain in place for even another year or two would be the signal many Congressional Democrats have been awaiting as they prepare for a showdown with Republicans on the issue and ends speculation that...
  • Obama Won’t Extend Bush-Era Tax Cuts to Wealthy

    09/07/2010 5:24:53 PM PDT · by truthandlife · 84 replies
    NY Times ^ | 9/7/10 | Jackie Calmes
    President Obama will rule out on Wednesday any compromise that would extend the Bush-era tax cuts for the wealthy beyond this year, officials said, adding a populist twist to an election-season economic package that is otherwise designed to entice support from big businesses and their Republican allies. Related Mr. Obama’s opposition to allowing the high-end tax cuts to remain in place for even another year or two would be the signal many Congressional Democrats have been awaiting as they prepare for a showdown with Republicans on the issue and ends speculation that the White House might be open to an...