http://www.freerepublic.com/tag/taxincrease/ en-us Sun, 5 Oct 2008 05:46:22 GMT Focus Forum 15 http://www.freerepublic.com/focus/f-news/2097832/posts Right Change turns Obama's "yes we can" slogan on its head. Another good ad. You Tube http://www.freerepublic.com/focus/f-news/2097832/posts#comment Sun, 5 Oct 2008 05:46:22 GMT http://www.freerepublic.com/focus/f-news/2097770/posts Republican and Democratic opponents have traded insults over American health care. US Republican presidential candidate John McCain has called his Democratic opponent Barack Obama a bald-faced liar over his promises of reform on health-care issues. After Barack Obama told a crowd of 18,000 supporters in Virginia that McCain was playing a shell game of “giving you a tax credit with one hand but raising your taxes with the other," Senator McCain's campaign shot back: "Barack Obama is lying to voters. It's a bald-faced lie." Senator Obama used his rally speech in Virginia to take the focus off the US financial... South Korea News.Net http://www.freerepublic.com/focus/f-news/2097770/posts#comment Sun, 5 Oct 2008 03:15:49 GMT http://www.freerepublic.com/focus/f-news/2097658/posts Ever since liberal media types felt robbed by the Bush-Quayle campaign's "lies" about Michael Dukakis in 1988, we've been suffering through their attempts to "police the facts" in advertisements. "Correction" squads are insisting John McCain can't say Barack Obama will raise taxes, no matter how much that announcing Democrats will raise taxes is like announcing the sun will rise. In 1992, then-Vice President Dan Quayle suggested Bill Clinton would raise taxes on the middle class. Quayle said at the vice-presidential everyone making more than $36,000 would be affected. Media "experts" accused the GOP of mangling "facts." President Clinton was elected,... Waterbury Republican-American http://www.freerepublic.com/focus/f-news/2097658/posts#comment Sat, 4 Oct 2008 23:35:04 GMT http://www.freerepublic.com/focus/f-news/2096846/posts President Bush has long opposed singling out oil and gas companies for higher taxes. But he is poised to sign a bill that will do just that. The massive financial bailout package approved by the House today — supported by the administration and now heading for the president's desk — blocks oil and gas companies from enjoying nearly $5 billion in anticipated tax cuts, while raising nearly $4 billion more in new taxes to help fund tax breaks for renewable energy. The legislation freezes the tax deduction oil and gas companies receive for their domestic manufacturing operations at 6 percent,... Houston Chronicle http://www.freerepublic.com/focus/f-news/2096846/posts#comment Fri, 3 Oct 2008 18:48:58 GMT http://www.freerepublic.com/focus/f-news/2096951/posts A new TV ad from McCain Video at link youtube http://www.freerepublic.com/focus/f-news/2096951/posts#comment Fri, 3 Oct 2008 20:41:12 GMT http://www.freerepublic.com/focus/f-bloggers/2092128/posts Estimate your 2009 - 2012 taxes Enter your 2008 personal tax information in the form below and then press calculate to see how the candidates’ promised tax plans will affect your taxes over the next four years based on “The McCain and Obama Tax Plans for Individuals“. For more information about an input item, click GO TO THIS WEBSITE : http://www.electiontaxes.com/ Election Taxes http://www.freerepublic.com/focus/f-bloggers/2092128/posts#comment Sun, 28 Sep 2008 02:28:34 GMT http://www.freerepublic.com/focus/f-news/2092093/posts Democrats in the U.S. House of Representatives are pushing for a new Wall Street tax that would cover the potential costs of a $700 billion bailout being negotiated by Congress and the Bush administration. Reuters, via Drudge http://www.freerepublic.com/focus/f-news/2092093/posts#comment Sun, 28 Sep 2008 01:23:51 GMT http://www.freerepublic.com/focus/f-news/2085139/posts Biden: Wealthy Americans Must Pay More Taxes to Show Patriotism WASHINGTON — Democratic vice presidential candidate Joe Biden said Thursday that paying more in taxes is the patriotic thing to do for wealthier Americans. In a new TV ad that repeats widely debunked claims about the Democratic tax plan, the Republican campaign calls Obama’s tax increases “painful.” Under the economic plan proposed by Democratic presidential candidate Barack Obama, people earning more than $250,000 a year would pay more in taxes while those earning less — the vast majority of American taxpayers — would receive a tax cut. Although Republican John... Fox News http://www.freerepublic.com/focus/f-news/2085139/posts#comment Thu, 18 Sep 2008 16:35:45 GMT http://www.freerepublic.com/focus/f-news/2085490/posts Joe Biden decided to double down on his ridiculous statement from this morning that patriotic people wouldn’t complain about paying higher taxes. Instead of simply shrugging it off or backing away from the statment, as almost anyone else would have done, Biden instead justified higher taxes by making it a duty — as a Catholic: Fired up in a room full of union members, Joe Biden angrily defended both his ticket’s tax plan and his own claim that tax hikes for the rich are patriotic, while urging fellow Democrats to stand their ground on what he said was a values... hotair.com http://www.freerepublic.com/focus/f-news/2085490/posts#comment Fri, 19 Sep 2008 01:06:30 GMT http://www.freerepublic.com/focus/f-news/2085427/posts Biden Defends Comment That, for the Wealthy, 'It's Time to Be patriotic' September 18, 2008 7:31 PM ABC News' Matthew Jaffe reports: At a Thursday rally in an Akron union hall, Democratic vice-presidential candidate Joe Biden defended his contention that it is time for wealthy Americans to be patriotic and pay more taxes. Biden was asked by ABC News' Kate Snow in an interview aired Thursday morning on "Good Morning America" if people earning more than $250,000 a year would have to pay more taxes under an Obama-Biden administration. "You got it," Biden replied. "It's time to be patriotic, Kate.... ABC News http://www.freerepublic.com/focus/f-news/2085427/posts#comment Fri, 19 Sep 2008 00:00:05 GMT http://www.freerepublic.com/focus/f-news/2075838/posts A nice-sounding bill called the "Global Poverty Act," sponsored by Democratic presidential candidate and Senator Barack Obama, is up for a Senate vote on Thursday and could result in the imposition of a global tax on the United States. The bill, which has the support of many liberal religious groups, makes levels of U.S. foreign aid spending subservient to the dictates of the United Nations. Senator Joe Biden, chairman of the Senate Foreign Relations Committee, has not endorsed either Senator Barack Obama or Hillary Clinton in the presidential race. But on Thursday, February 14, he is trying to rush Obama's... AIM http://www.freerepublic.com/focus/f-news/2075838/posts#comment Sat, 6 Sep 2008 04:36:46 GMT http://www.freerepublic.com/focus/f-news/2071727/posts Get this line: The new tax brought in an estimated $6 billion in the last budget year, bulging Alaska's treasury with an expected surplus of as much as $9 billion. Thst enabled Palin to push a second initiative — giving each Alaskan $1,200 to help them cope with high energy costs. Sound familiar? Obama has proposed taxing the windfall profits of the five biggest oil companies and giving people $1,000 to pay for high energy costs. Palin called such financial help "a tool that must be on the table" although she differs with Obama on where the money's source. Like... AP http://www.freerepublic.com/focus/f-news/2071727/posts#comment Sun, 31 Aug 2008 11:52:38 GMT http://www.freerepublic.com/focus/f-news/2068269/posts "I speak to you not as a candidate for President but as a citizen — a proud citizen of the United States and a fellow citizen of the world." — Barack Obama, Berlin, July 24, 2008 Sen. Barack Obama, D-Ill., is also a proud globalist and self-proclaimed agent of change. As the Democratic National Convention begins in Denver, many still ponder just what kind of change Obama has in mind for the country. His sponsorship of the Global Poverty Act, and more recently his Berlin speech, are prime examples. Peppered with "one-world" phrases such as “people of the world,” “global... Newsmax http://www.freerepublic.com/focus/f-news/2068269/posts#comment Tue, 26 Aug 2008 13:46:49 GMT http://www.freerepublic.com/focus/f-news/2067915/posts It seems like a no-brainer: Raising taxes is bad. It's a shame that Barron's is one of the few outlets to pick up on it. An economic plan floated out by Democratic presidential hopeful Sen. Barack Obama, Ill., would raise taxes on incomes above $250,000 - with the highest rate at 39.6 percent - and redistribute the wealth to the poor and middle-class. But that would be a big mistake, according to an article by Jim McTague in the August 25 issue of Barron's. "It's almost as if Obama wants to repeat the mistakes of Herbert Hoover," McTague wrote. "During... Newsbusters.org http://www.freerepublic.com/focus/f-news/2067915/posts#comment Mon, 25 Aug 2008 22:25:23 GMT http://www.freerepublic.com/focus/f-news/2065715/posts Professor Hubbard explains that Obama's claim that he will increase the payroll tax by only 4% cannot be correct. This amount will not generate the revenue necessary to maintain even current levels of entitlement spending: "The new payroll tax hike is more modest than the one Mr. Obama hinted at last fall, which might have uncapped the payroll tax entirely. But it would also do very little to shore up Social Security, since it means that no more than 15% of Social Security's long-term funding gap would be closed. Thus, if Mr. Obama is indeed opposed to reductions in Social... The Wall Street Journal http://www.freerepublic.com/focus/f-news/2065715/posts#comment Thu, 21 Aug 2008 20:34:54 GMT http://www.freerepublic.com/focus/f-news/2064917/posts Here is John McCain's New Radio Ad "Millions". It hammers Obama for his plans for huge tax increases and for increasing the size of Government. Blogs for John McCain http://www.freerepublic.com/focus/f-news/2064917/posts#comment Wed, 20 Aug 2008 14:47:29 GMT http://www.freerepublic.com/focus/f-news/2062616/posts ARLINGTON, VA -- U.S. Senator John McCain's presidential campaign today released its latest television ad, entitled "Maybe." The ad highlights Barack Obama's "false" and "misleading" attacks in Ohio. The ad will air in Ohio. VIEW THE AD HERE: http://www.youtube.com/watch?v=yiDVRvzjZLA Script For "Maybe" (TV :30) ANNCR: Maybe the applause has gone to his head ... Saying John McCain cost Ohio jobs, though it's just not true. It's Obama's taxes that will hurt Ohio families. Higher taxes on your paycheck, your life savings, your electric bills. His taxes are a "recipe for economic disaster." That's the real Obama. Ready to tax.... JohnMcCain http://www.freerepublic.com/focus/f-news/2062616/posts#comment Fri, 15 Aug 2008 21:44:31 GMT http://www.freerepublic.com/focus/f-news/2059643/posts On the campaign trail, Sen. Barack Obama bashes President Bush for "reckless" economic policies that are "mortgaging our children's future on a mountain of debt." But the Democratic presidential candidate has adopted a key component of Bush's fiscal policy: A novel bookkeeping method that guarantees that the $9.5 trillion national debt will get much bigger. When Obama promises to cut taxes for the middle class without increasing the deficit, he is measuring his proposals against the large deficits that would result from Bush's plan to extend his signature tax cuts beyond their 2010 expiration date. Because Obama wants to eliminate... washingtonpost.com http://www.freerepublic.com/focus/f-news/2059643/posts#comment Sun, 10 Aug 2008 23:25:28 GMT http://www.freerepublic.com/focus/f-news/2058551/posts Good ad. August is a great month for Republicans. VIDEO http://www.freerepublic.com/focus/f-news/2058551/posts#comment Fri, 8 Aug 2008 13:50:25 GMT http://www.freerepublic.com/focus/f-news/2057580/posts WSJ - REVIEW & OUTLOOK What Is a 'Windfall' Profit? August 4, 2008; Page A12 The "windfall profits" tax is back, with Barack Obama stumping again to apply it to a handful of big oil companies. Which raises a few questions: What is a "windfall" profit anyway? How does it differ from your everyday, run of the mill profit? Is it some absolute number, a matter of return on equity or sales -- or does it merely depend on who earns it? Enquiring entrepreneurs want to know. Unfortunately, Mr. Obama's "emergency" plan, announced on Friday, doesn't offer any clarity. To... Wall Street Journal http://www.freerepublic.com/focus/f-news/2057580/posts#comment Wed, 6 Aug 2008 20:03:27 GMT http://www.freerepublic.com/focus/f-news/2056758/posts For the last several months, the price of oil has been at record highs. Over those months, the companies that sell oil have made record profits. Barack Obama sees that as evil. The rest of us see it as cause and effect. If you drill, pump and sell oil, and your overhead has remained fairly constant, and the price of your product has skyrocketed on the world market, you flunk Econ 101 if you’re mystified by the boatloads of money you’re making. But you’re top of the class in Pandering 101 if you point to those profits and ignite and... boblonsberry.com http://www.freerepublic.com/focus/f-news/2056758/posts#comment Tue, 5 Aug 2008 13:05:20 GMT http://www.freerepublic.com/focus/f-news/2056486/posts Gov. Arnold Schwarzenegger has proposed a temporary one-cent increase in the state sales tax for the next three years in exchange for long-term fixes he believes would solve the state's perennial budget woes, several sources familiar with the negotiations said Monday. The governor's proposal comes as he and lawmakers are 35 days into the fiscal year with no approved spending plan. Sacramento Bee http://www.freerepublic.com/focus/f-news/2056486/posts#comment Mon, 4 Aug 2008 23:00:38 GMT http://www.freerepublic.com/focus/f-news/2056125/posts Barack Obama's campaign will begin running a television ad Monday that attacks Republican John McCain's energy policies. "After one president in the pocket of big oil we can't afford another," says the ad, referring to President Bush's previous work in the oil industry. Obama hoped to emphasize energy and the economy in campaign stops this week in Michigan, Ohio and Indiana, beginning with a speech Monday in Lansing, Mich. Gas prices over $4 a gallon have become a top issue in the presidential contest. Obama's spot trumpets his proposal to revive a windfall profits tax on energy companies and asserts... RCP http://www.freerepublic.com/focus/f-news/2056125/posts#comment Mon, 4 Aug 2008 12:04:56 GMT http://www.freerepublic.com/focus/f-news/2055966/posts This is from Carpe Diem: Professor Mark J. Perry's Blog for Economics and Finance's blog... CNN's headline: "Exxon posts record $11.68 billion profit." According to CNN, Exxon Mobil once again reported the largest quarterly profit in U.S. history Thursday, posting net income of $11.68 billion on revenue of $138 billion in the second quarter. That profit works out to $1,485.55 a second. Buried in the story we also find that "In addition to making hefty profits, Exxon also had a hefty tax bill. Worldwide, the company paid $10.5 billion in income taxes in the second quarter, $9.5 billion in sales... http://www.freerepublic.com/focus/f-news/2055966/posts#comment Mon, 4 Aug 2008 00:16:09 GMT http://www.freerepublic.com/focus/f-news/2055016/posts For years, taxpayer advocacy groups have been sounding the alarm about serious spending problems facing the nation and the lack of attention elected officials are paying to this growing fiscal disaster. Now come projections out of the Congressional Budget Office (CBO) on what further delay means to taxpayers everywhere, says the Heartland Institute. According to the recent CBO report: Rising costs for health care and the aging of the population will cause federal spending on Medicare, Medicaid and Social Security to rise substantially as a share of the economy. If tax revenues as a share of gross domestic product (GDP)... ncpa.org http://www.freerepublic.com/focus/f-news/2055016/posts#comment Fri, 1 Aug 2008 18:47:39 GMT