Posts Tagged ‘taxes’
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
Take a look at our comprehensive plan for the next four years called “Continuing Wisconsin’s Comeback.” This plan is built to provide greater prosperity for all. Over the next four years, we want to help people keep more of their paychecks, we want to help people learn more to earn more through increased investments in worker training and by freezing tuition, and we want to move people from government dependence to true independence.
If re-elected, I will:
- Cut property taxes so the levy on a typical home in 2018 is lower than it was in 2010.
- Reduce income taxes so they are lower in 2018 than they are today.
- Provide tax relief for manufacturing and agriculture.
- Fight Obamacare, which is raising health insurance premiums for many in Wisconsin.
- Expand worker training investments.
- Freeze technical college tuition and continue the UW System tuition freeze.
- Establish accountability measures for all schools receiving public funding.
- Establish high standards for students at the local and state level as an alternative to measures set by people outside of Wisconsin.
- Put common sense limits on the time able-bodied, working age childless adults can be on public assistance.
- Require drug testing for those requesting unemployment and able-bodied, working age adults requesting food stamps from the state.
- Require working-age childless adults receiving food stamps or unemployment benefits participate in employment training or part-time work.
Wisconsin is on a comeback and the future is bright and getting brighter every day. We are better off than we were four years ago and if we continue on this path we will be better off four years from now. Let’s not bring back the days of double-digit tax increases, multi-billion dollar budget deficits, and massive job loss.
It is not fair that smart people get all of the good grades!
Carthage Tax Day 4/17/2012
Carthage students educate their peers about the immorality of socialism.
If you have high blood pressure, take some medication before reading further.
A basic premise of immigration law is that immigrants to the U.S. are expected to be self-supporting. We obviously don’t want to attract people who have no intention of working, but simply want to benefit from our generous welfare system. This principle is incorporated into the Immigration and Nationality Act, which provides:
An alien who, in the opinion of the consular officer at the time of application for a visa, or in the opinion of the Attorney General at the time of application for admission or adjustment of status, is likely at any time to become a public charge is inadmissible.
But, as in so many other instances, President Obama has simply changed the law by executive fiat. In this case the administration acted quietly, so that it took quite a while before others understood how badly Obama had subverted the immigration laws.
Read more by John Hinderaker at PowerLineBlog