Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Monday, July 21, 2008

They want to do what?

Let's see, the economy is not doing well, gas is over $4.00 a gallon and millions of Americans are struggling to make ends meet. I know! Let's increase the gas tax by another 10¢ a gallon! Now I realize that I'm not a economic guru, but last I checked, when the economy is struggling the last thing you should do is to further erode the purchasing power of your citizens. I've also discovered another fact that seems to escape the democrats in Congress. When you don't have enough money coming in, you need to cut expenses first. Of course since they're playing with someone else's money it's easy to see why simply increasing taxes is the better option. I think they're betting on Obama becoming president because McCain is not big on tax increases.

This is the best example of how the GOP views this vs. how the democrats do.

"Congress should first reduce spending on pet projects, known as earmarks, argued Sen. Jim DeMint, R-S.C. "I'm not going to let the Senate spend all this money when nobody is looking, especially when we refuse to stop wasting billions of taxpayer dollars on earmarks."

Oberstar, D-Minn., said his committee is working on the next long-term highway bill. He estimated it will take between $450 billion and $500 billion over six years to address safety and congestion issues with highways, bridges and transit systems.

"We'll put all things on the table," Oberstar said, but the gas tax "is the cornerstone. Nothing else will work without the underpinning of the higher user fee gas tax."


Nothing else will work? Senator, with all due respect... Are you high? Try wasting less of my money in other areas and see what happens. All you're going to do is to increase the drag on our economy and lengthen this downturn.

This is why the system was built for gridlock ladies and gentleman...

H/T Bald Headed Geek


Monday, April 16, 2007

Tax and spend...

Well, looks like your friends the democrats are back to their tax and spend ways. In a column at townhall.com, Rep. Jim McCrery lays out all of the tax cuts the democrats want to either expire or outright get rid of. Many of those don't affect the rich but rather the middle and lower class.

These include lowering the child tax credit from $1000.00/child back to $500.00/child, reinstating the marriage penalty, the estate tax (55%), and eliminate the 0% capital gains tax for the lowest two tax brackets and raise the lowest tax bracket from 10% to 15%. That's just to name a few. And yet they call themselves the friend of the working class. Why does this smell like a dirty diaper? This is why you want a divided government, if all three parts of the government (president and both houses) are occupied by one party we get screwed. Thank goodness that a republican is still in the White House and that the democrats don't have a super majority in the senate. If we as voters don't start putting pressure on the government we're hosed come 2011. Don't say I didn't warn you.

More on this subject...
http://www.townhall.com/Columnists/Column.aspx?ContentGuid=f3e177ed-ad84-4a93-9953-4f3b3ef90a1e&page=1
http://www.townhall.com/Columnists/Column.aspx?ContentGuid=abc91156-236d-494f-a708-a3818eb6edde
http://www.townhall.com/Columnists/Column.aspx?ContentGuid=8ca429d0-edcb-43cc-8456-83d98483d155
http://www.townhall.com/Columnists/Column.aspx?ContentGuid=ddbdc9ac-b7e4-4f2f-8489-8a1bf719705c