Posts Tagged ‘taxes’
Before Governor Scott Walker took office in January of 2011, Wisconsin was seeing high unemployment, stagnating incomes and a high tax burden. Fast-forward four years: The state enjoys strong growth in employment and improvements in living standards through higher after-tax incomes. Thanks to a fiscal policy of reducing tax and regulatory burdens while balancing the budget, Wisconsin now outperforms many of its neighbors.
Read more by Noah Williams at Forbes.com
In this guest post, Cato Senior Fellow Dan Mitchell offers advice for Republicans looking to hold their ground against tax increases.
(This piece was originally posted on the International Liberty blog).
Those who had the misfortune of seeing President Obama go after “tax breaks for corporate jets” as part of his press conference may be wondering why he was attacking a provision that was in his so-called stimulus and enacted by a Democratic-controlled Congress in 2009.
But that’s just routine politics. The folks in the White House are probably laughing about screwing jet builders after collecting campaign money from them in exchange for that provision two years ago.
The more important thing to focus on is the way that the big spenders in the White House and elsewhere are trying to build support for a big tax increase by characterizing tax breaks as “spending in the tax code.” The left obviously hopes Republicans are so stupid that Orwellian word games are all that is needed to get them to acquiesce to legislation that would increase the amount of revenue going to Washington.
because we value our Independence FROM Government NOT Dependence on the government.” -Governor Scott Walker
Tax Freedom Day is the day when Americans finally have earned enough money to pay off their total tax bill for the year. In 2014, Wisconsin taxpayers worked until April 22nd (13th latest nationally) to pay their total tax bill.
Read more at TaxFoundation.org
. . . and a tax is a fine for doing well.
Well said . . . by whom?
P.S. So, government will get you either way?
P.P.S. Income taxes are due today!!
Tax: a payment to government for doing something good
Fine: a payment to government for doing something bad
Fee: a payment to government for doing business
Food stamps, welfare, Medicaid and other tax and transfer systems can sometimes penalize people for earning that extra dollar of income
Economists and many policymakers generally agree that our tax and transfer systems should promote opportunity, work, saving, and education rather than consumption. The problem is these programs often penalize people for earning that extra dollar of income. Rather than promoting work and savings, these implicit taxes punish such otherwise positive behavior.
These penalties occur in TANF (formerly welfare), SNAP (formerly Food Stamps), Medicaid, the new health exchange subsidy, Pell grants, student loans, and unemployment compensation. The tax code also is loaded with disincentives to work, save, and study.
Read more by Gene Steuerle at csmonitor.com
Last week, I learned four different friends are doing something that will save each of them tens of thousands – or even hundreds of thousands – of dollars each year.
And they’re not the only ones. Many of the smartest guys I know are moving this year.
They’re not just thinking about moving… They’re not saying “maybe someday”… They are doing it right now.
The reason why is the amazing part, as you’ll see. And it might make sense for you to consider moving, too. Let me explain…
I spoke with a friend on the phone last week… “What are you doing in Washington state?” I asked him.
“I’m moving here,” he said. “I love California. But moving to Washington state saves me $133,000 a year in state taxes on every $1 million I earn.”
This is not just a millionaire thing…
Read more By Dr. Steve Sjuggerud at DailyWealth.com
Support Governor Walker, and the Republicans in the WI Senate and WI Assembly, so this doesn’t happen in Wisconsin.
We are being played; it’s time we learned the game.
Conservatives have their Constitution. Progressives have their Narrative. The current battle for America is between these two concepts, and each side uses different rules to fight it.
One set of rules is consistent with an unchanging objective: limited government and individual freedoms. The other side’s rules are as fickle as their goals, which are never fully disclosed beyond the equivocal references to fairness and hyphenated forms of justice. They will have to remain vague and deny their true allegiances until a time when American voters will no longer squirm at the word “socialism.”
And yet spotting them isn’t that hard. As a bird is known by his feathers, socialists are known by their Game.
First tried and mastered in the USSR, the Game has since been popularized around the world, assuming various forms, names, and colors — from red to brown to green. It is now taking hold in the United States under the blue web banners of Obama’s campaign infomercials.
Read more by Oleg Atbashian at American Thinker
It’s the Christmas season, so godless liberals are citing the Bible to demand the redistribution of income by government force. Didn’t Jesus say, “Blessed are the Health and Human Services bureaucrats, for theirs is the kingdom of heaven”?
Liberals are always indignantly accusing conservatives of claiming God is on our side. What we actually say is: We’re on God’s side, particularly when liberals are demanding God’s banishment from the public schools, abortion on demand, and taxpayer money being spent on Jesus submerged in a jar of urine and pictures of the Virgin Mary covered with pornographic photos.
–SNIP– What the Bible says about giving to the poor is: “Each of you should give what you have decided in your heart to give, not reluctantly or under compulsion, for God loves a cheerful giver.” (2 Corinthians (9:7)
Being forced to pay taxes under penalty of prison is not voluntary and rarely done cheerfully. Nor do our taxes go to “the poor.” They mostly go to government employees who make more money than you do.
The reason liberals love the government redistributing money is that it allows them to skip the part of charity that involves peeling the starfish off their wallets and forking over their own money. This, as we know from study after study, they cannot bear to do. (Unless they are guaranteed press conferences where they can brag about their generosity.)
–SNIP– Religious conservatives, the largest group at about 20 percent of the population, gave the most to charity — $2,367 per year, compared with $1,347 for the country at large.
Even when it comes to purely secular charities, religious conservatives give more than other Americans, which is surprising because liberals specialize in “charities” that give them a direct benefit, such as the ballet or their children’s elite private schools.
Indeed, religious people, Brooks says, “are more charitable in every measurable nonreligious way.”
Read more by Ann Coulter at AnnCoulter.com
“Come on. It’s just the rich.”
cartoon by Michael Ramirez, Investors.com, 12/04/2012
Five Policy Reasons and Five Political Reasons Why Republicans Should Keep their No-Tax-Hike Promises
The politicians claim that they are negotiating about how best to reduce the deficit. That irks me because our fiscal problem is excessive government spending. Red ink is merely a symptom of that underlying problem.
But that’s a rhetorical gripe. My bigger concern is that politicians are prevaricating. They’re really talking about higher taxes in order to enable a bigger burden of government spending, not less red ink. I make this point in an interview on Fox Business Network.
This is the point where I often elaborate on issues raised in the interview, but let’s instead build on the discussion to look at policy and political reasons why the GOP should not surrender to Obama’s tax demands as part of fight over the fiscal cliff.
Here are the policy arguments against higher taxes.
Read more by Daniel J. Mitchell at Townhall.com
By all signs, Americans are preparing to send Washington a clear message in the 2014 elections.
The question is, will Washington listen?
Republicans - poised to take control of Congress - should set our sights on three big goals to make Americans feel confident in their futures once again: jumpstart the economy, safeguard constitutional liberties, and strengthen our national security.
Here are ten critical priorities for the 2015 Congress:
First, embrace a big pro-jobs, growth agenda.
Read more by Sen. Ted Cruz at ToThePointNews.com
. . . but not greed to want to take somebody else’s money.”
by Thomas Sowell