Socialized health care will still not work. No matter what ridiculously written bills one looks at, I can not see any form of socialized health care working. The simplest plan to help legal citizens obtain health insurance who do not have it is to give them a tax credit for the cost of their insurance. Why is this option so difficult to understand? Why has this administration wasted so much of our tax monies campaigning for their failed plan? What purpose does it actually serve other than force governmental control over our health and contribute to the vastly expanding national debt? Power and control of our lives is the key to the Obama administration.
Socialized health care is a miserable plan. American taxpayers do not want it nor do we wish to insure illegal immigrants in our country. Congress and this administrations' lack of response to those taxpayers who are vehemently against this plan need to be heard once and for all. The 2010 elections will help vote out of office these failed representatives and senators. And then maybe our elected officials can see that the biggest problem we have in our economy is jobs and the lack of them. It is the economy. Trust me.
Wednesday, September 30, 2009
Tuesday, September 29, 2009
The Coming Economic Storm
Out of the alleys of Hartford, the coming economic storm is brewing. Excessive debt, high taxes and non productivity is entrapping Connecticut. It is like a cancer spreading its tumors through all aspects of our society, communities and economy. It is the result of years of excessive and out-of-control spending coupled with high taxes, high workers compensation costs, high transportation costs and a corrupted politcial heirarchy. Its unfunded mandates and high long term debt only continues the waves of the economic storm. We have no captain or leader trying to ride out the storm but just a bunch of egotistical, self promoting and economicaly illiterate politicians swimming further into the storm only to drown in their own neglect.
The coming economic storm is fast approaching. A do-nothing legislature has helped to create and nuture it to its own political adavantage. Connecticut will continue to decline economically until we see actually leadership in Hartford. Can the storm end in November 2010?
The coming economic storm is fast approaching. A do-nothing legislature has helped to create and nuture it to its own political adavantage. Connecticut will continue to decline economically until we see actually leadership in Hartford. Can the storm end in November 2010?
Saturday, September 26, 2009
The Behind The Scenes Raise Your Fees Assembly
Connecticut Democrats never cease to amaze me in their unethical dealings with taxpayers. The latest is the the behind the scenes, behind close doors, 2am raising all of our licenses and fees especially for driving. The Democrats who are obviously clueless to the current negative economic conditions in our state will raise $60 million more in these fees to help continue to fuel their unlimited and unchecked and out-of-control spending. Governor Rell has every right to veto this as she should have vetoed the final budget. I thought everything was finished but Democrats have had to waste more taxpayers monies by calling two special sessions already. They only have a year to get their act together but still can not figure anything out as of 9/25. It is a sham of leadership.
The waste of taxpayers monies will mercifully come to an end when we elect a new Governor and General Assembly in 2010. And hopefully the Democrats will become a minority party here for years to come. They are incompetent to lead.
The waste of taxpayers monies will mercifully come to an end when we elect a new Governor and General Assembly in 2010. And hopefully the Democrats will become a minority party here for years to come. They are incompetent to lead.
Wednesday, September 23, 2009
Connecticut's Dead Economy
For all intents and purposes, Connecticut's economy is dead. It has died a long and painful death, led by the misery created by the long line of liberal Democratic leaders who have heaped tax upon tax, law upon law, rule upon rule on business and industry in our state. State unemployment will take another jolt with Pratt moving a large portion of its operations out of state. They are moving out of state because it is cheaper to do business in many other states in our country. It is no longer profitable to do business in Connecticut with excessive taxes, excessive laws, excessive workers compensation costs and excessive transportation costs. The blame lies directly with the Connecticut Democratic party. Their liberalism has failed our economy miserably and they still do not understand the consequences of their actions. No, they continue to embrace high taxes, excessive laws and regulations and failed social policies. They are the cause of our demise not the business and industry that support these inept and economically illiterate leaders. Eventually the shell that is called our economy will be no more and these Democratic leaders will be forced to pawn their spoils.
Connecticut needs the 88% program. Hopefully in 2010 with a new Governor and an entirely new legislature, they will come in with a budget that sets spending at 88% of current levels and starts to create the change that is so vital to help our economy once again by lowering state spending and taxes. If voters choose these same stale legislators, you might as well put up a for sale sign and move...I know many will especially businesses.
Connecticut needs the 88% program. Hopefully in 2010 with a new Governor and an entirely new legislature, they will come in with a budget that sets spending at 88% of current levels and starts to create the change that is so vital to help our economy once again by lowering state spending and taxes. If voters choose these same stale legislators, you might as well put up a for sale sign and move...I know many will especially businesses.
Monday, September 21, 2009
What About The Economy?
Yes, what about the economy? Or better yet how does an economy pay for socialized health care, a failed economic stimulus, a supposed carbon tax cap and trade and other numerous socialistic programs being promoted by the Obama Administration.
I am curious, how are we as an economy going to pay for all of this? It still has yet to be explained to me nor has it been explained by this administration. Yes, what about the economy?
In my economic opinion, we are on the high road to massive national debt for the long term with all of these negative economic programs which are being forced on taxpayers. Can you explain to me in economic terms how socialized health care will create cost savings in our economy? From everything that I have read I still can see no savings just massive amounts of spending. And at the same time we have massive amounts of unemployment which is not going away any time soon with these programs.
Yes, what about the economy? Maybe some elected official could answer that question. Too bad our leaders are deaf to the economy and to the reality of capitalism.
I am curious, how are we as an economy going to pay for all of this? It still has yet to be explained to me nor has it been explained by this administration. Yes, what about the economy?
In my economic opinion, we are on the high road to massive national debt for the long term with all of these negative economic programs which are being forced on taxpayers. Can you explain to me in economic terms how socialized health care will create cost savings in our economy? From everything that I have read I still can see no savings just massive amounts of spending. And at the same time we have massive amounts of unemployment which is not going away any time soon with these programs.
Yes, what about the economy? Maybe some elected official could answer that question. Too bad our leaders are deaf to the economy and to the reality of capitalism.
Thursday, September 17, 2009
The Wallingford Local Election-Vote No For Charter Revision
It is time. Wallingford's local election is starting to heat up. And I find it amazing that the Democrats could not field a candidate for Mayor, even though you hear their chronic complaints against him. But they had enough time to tinker with Charter revision. It is evident that the Democrats need to strip the Mayor of his most important function. A strong Mayor for Wallingford is essential for our town. It eliminates the need and costs of a town manager and it allows for a strong form of government. Charter revision in my opinion comes down to one point, to let a Democratically led town council to only need six votes to override a Mayor's veto not seven as is currently by law.
Why is that? Because obviously the Democrats feel they will hold the Council and hopefully expand to six seats and if charter revision passes they will be in complete control of our government. It is ironic that they have spent years hoping to unseat Bill Dickinson and now want to strip him of his power through a back room maneuver. They did not even allow the Mayor to appoint two people to the Charter Revision Commission as was done in the past. Unbelievable. And then deny that it was not politically motivated.
Wallingford is a wonderful community, strong, vibrant, great schools and low taxes. It has a lot to do with a strong, non egotistical, humble Mayor who runs the town. I know my family and I will vote against Charter Revision and I urge my readers to do so also.
Why is that? Because obviously the Democrats feel they will hold the Council and hopefully expand to six seats and if charter revision passes they will be in complete control of our government. It is ironic that they have spent years hoping to unseat Bill Dickinson and now want to strip him of his power through a back room maneuver. They did not even allow the Mayor to appoint two people to the Charter Revision Commission as was done in the past. Unbelievable. And then deny that it was not politically motivated.
Wallingford is a wonderful community, strong, vibrant, great schools and low taxes. It has a lot to do with a strong, non egotistical, humble Mayor who runs the town. I know my family and I will vote against Charter Revision and I urge my readers to do so also.
Tuesday, September 15, 2009
Out Of Control Spending
Do you spend too much money? Do you have a great deal of debt? Or because of the economic conditions have you and your family cut back in your personal spending and consumption?
Our government has not cut back especially at the Federal and State levels. No spending has increased dramatically, almost to a point of no return with massive borrowing and unfunded liabilities. In my economic opinion, our long term debt created by government has reached a point of no return. How is it going to paid back? And I no longer accept the answer that the debt is owed by our country because it is not. It is owed by many foreign countries and it becomes even more alarming that there is absolutely no long term plan for lessening the debt.
With government at a Federal and State level that has become self serving, non ethical and non law abiding, taxpayers have had enough. The Tea Party movement is the second coming of a revolt against taxation without representation. We have taxation without representation in both Washington and Hartford in 2009.
Government is out of control with its spending. And taxpayers have had enough.
Our government has not cut back especially at the Federal and State levels. No spending has increased dramatically, almost to a point of no return with massive borrowing and unfunded liabilities. In my economic opinion, our long term debt created by government has reached a point of no return. How is it going to paid back? And I no longer accept the answer that the debt is owed by our country because it is not. It is owed by many foreign countries and it becomes even more alarming that there is absolutely no long term plan for lessening the debt.
With government at a Federal and State level that has become self serving, non ethical and non law abiding, taxpayers have had enough. The Tea Party movement is the second coming of a revolt against taxation without representation. We have taxation without representation in both Washington and Hartford in 2009.
Government is out of control with its spending. And taxpayers have had enough.
Saturday, September 12, 2009
We Still Do Not Want Socialized Health Care
Nor we do taxpayers understand what any proposal in Congress means to us as even Congress does not understand it either. The speech that said nothing a few nights ago by the President adds only more mistrust and confusion to our country and economy. In my economic opinion, it would be cheaper for the Federal government to pay insurance companies to insure the 30 million, or the 46 million or the 17,000 a day uninsured in our country (depending on what speech, report and or politician who you hear/read about). Government can not develop a health care program without raising taxes, increasing the national debt, rationing care and creating a bureaucracy.
Our elected officials need to hear what taxpayers are saying. We can not afford this socialized health care program you want, we do not want our health insurance to be taken away from us, we do not want new and higher taxes to pay for it, and we do not want to be dictated to by Government about health care. It is not a right guaranteed by the United States Constitution.
The most critical issue we are facing in 2009 is the economy. It is laughable watching this administration's ineptness in dealing with the economy and all of its related issues by trying to create failed socialism. We as taxpayers do not want socialized health care-no amount of speeches will change our minds.
Our elected officials need to hear what taxpayers are saying. We can not afford this socialized health care program you want, we do not want our health insurance to be taken away from us, we do not want new and higher taxes to pay for it, and we do not want to be dictated to by Government about health care. It is not a right guaranteed by the United States Constitution.
The most critical issue we are facing in 2009 is the economy. It is laughable watching this administration's ineptness in dealing with the economy and all of its related issues by trying to create failed socialism. We as taxpayers do not want socialized health care-no amount of speeches will change our minds.
Wednesday, September 09, 2009
The Speech That Does Not Say Anything New-Still Socialized Health Care
It was the speech that has not said anything new. No new statistics, same old promises, same old rhetoric. No the President's speech introduced nothing new tonight. He still has not answered the basic question of who is going to pay for this and how it is not going to add to the national debt. There is currently no law that was written which actually states what the President supposedly will create in his socialized health insurance plan.
We as a nation are skeptical of a do nothing, corrupt Congress who is advancing against taxpayer's wishes a socialized health care plan. Mr. Obamas speech tonight has done nothing to reassure an overtaxed American public that we will not see higher taxes and more governmental waste from a failed socialized health care plan. Maybe someone in Washington could remember that we are still a free market system and our free market system can resolve this Washington created health care crisis.
We as a nation are skeptical of a do nothing, corrupt Congress who is advancing against taxpayer's wishes a socialized health care plan. Mr. Obamas speech tonight has done nothing to reassure an overtaxed American public that we will not see higher taxes and more governmental waste from a failed socialized health care plan. Maybe someone in Washington could remember that we are still a free market system and our free market system can resolve this Washington created health care crisis.
Again More Nationalized Health Care
Another speech and again we will hear tonight about more nationalized health care. Nationalized health care which will not take effect until 2013. After the next Presidential election. I have to compliment this administration in that they are always thinking ahead. Always thinking ahead of how many campaign promises they have broken and how deeply in debt they can get our government in.
And tonight in the President's speech we will hear promises that will never be delivered, we will hear more debt induced governmental spending, we will hear more socialization of our economy and lastly we will hear more health care rhetoric of no substance.
The real crisis in our economy is not health care. No our health care system saves many lives and is technologically advanced. Our real crisis in 9/09/09 is governmental out of control spending and job losses in our economy. Socialists understand the more smoke screens you feed the public, the more likely your agenda will pass. Socialism will again die in our country beginning in 2010. Hopefully nationalized health care will die a painful death over that time period also.
And tonight in the President's speech we will hear promises that will never be delivered, we will hear more debt induced governmental spending, we will hear more socialization of our economy and lastly we will hear more health care rhetoric of no substance.
The real crisis in our economy is not health care. No our health care system saves many lives and is technologically advanced. Our real crisis in 9/09/09 is governmental out of control spending and job losses in our economy. Socialists understand the more smoke screens you feed the public, the more likely your agenda will pass. Socialism will again die in our country beginning in 2010. Hopefully nationalized health care will die a painful death over that time period also.
Monday, September 07, 2009
Labor Day Debt
Today is Labor Day. And today we have an enormous amount of debt. Thus our labor for many, many more years and the labor of our children, grandchildren, great grandchildren and for those who have yet to be born will continue to pay for our country's and state's debt. Because of excessive governmental spending, American's productive labor will be taxed at all time high rates to help fuel this debacle. Government at all levels does not have the ability to live within its means like the American family must. As can be seen by the horrific Connecticut do nothing budget which has massive debt and borrowing along with higher taxes, our labor will continue to become unproductive as it continues to be taxed more. The same can be viewed at the Federal level with a climbing $11 trillion dollar national debt. My question to our elite, economically illeterate politicians is how are we going to pay all of this debt back? At what cost to our economy? And why must you spend so much?
We need fiscal repsonsibility at all levels of government. Politically and economically, 2010 can not happen soon enough.
We need fiscal repsonsibility at all levels of government. Politically and economically, 2010 can not happen soon enough.
Wednesday, September 02, 2009
Please Don't Waste My Taxes Playing Solitaire
Cards are fun, can I play mine while I work? Yes of course you can, we as a super majority can do whatever we please whenever we want...
But then again if your are the Democratic Super majority you can do anything you want such as raise spending another $1.5 billion dollars and raise taxes as high as you want.
Maybe we should start to send playing cards to our state legislators. Maybe we should stop paying taxes to support this mockery of our democracy. I truly am sickened by the now famous photo of what really happens in the Connecticut State Legislature.
But then again if your are the Democratic Super majority you can do anything you want such as raise spending another $1.5 billion dollars and raise taxes as high as you want.
Maybe we should start to send playing cards to our state legislators. Maybe we should stop paying taxes to support this mockery of our democracy. I truly am sickened by the now famous photo of what really happens in the Connecticut State Legislature.
Tuesday, September 01, 2009
September 1 and Connnecticut Still Spends Too Much
Yes it is September 1 and Connecticut still spends too much. Way too much. According to a recent state report, http://www.ct.gov/governorrell/lib/governorrell/
state_spending_vs_personal_income.pdf
Connecticut general budget expenditures have increased by 283.7% since 1987. This figure is vastly more than the rate of inflation. Taxes obviously have gone up just as dramatically also. The graver issue which is lost by the Connecticut Democrat super majority is that income levels have only increased by 172.7% over the same period. Thus state spending has increased by a whopping 111% over state income levels. This is a reason why you have so much long term debt in Connecticut with little ability to create economic growth which is essential for our state's survival.
It is too bad this is all lost by our elected officials who are economically illiterate in my opinion. By continuing to raise state spending to unsustainable levels and to continue to raise taxes to unsustainable levels you have the recipe for economic ruin. Our elected officials in Hartford are doing a great job leading us to economic ruin and helping to move our citizens and businesses to other states.
state_spending_vs_personal_income.pdf
Connecticut general budget expenditures have increased by 283.7% since 1987. This figure is vastly more than the rate of inflation. Taxes obviously have gone up just as dramatically also. The graver issue which is lost by the Connecticut Democrat super majority is that income levels have only increased by 172.7% over the same period. Thus state spending has increased by a whopping 111% over state income levels. This is a reason why you have so much long term debt in Connecticut with little ability to create economic growth which is essential for our state's survival.
It is too bad this is all lost by our elected officials who are economically illiterate in my opinion. By continuing to raise state spending to unsustainable levels and to continue to raise taxes to unsustainable levels you have the recipe for economic ruin. Our elected officials in Hartford are doing a great job leading us to economic ruin and helping to move our citizens and businesses to other states.
Thursday, August 27, 2009
Politicians Should Held Liable For Their Actions
Simply put, politicians should be held liable for their actions. No excuses. For the housing debacle they need to held responsible for their poor judgement and misguided policies. They cost our economy enormously. For their poor judgement regarding economic stimulus that do not work. They cost our economy enormously. For their pronounced, socialistic health care plan that they are trying to ram down our throats. They will cost our economy and take away our personal freedoms. America last that I understood was not a socialistic country, nor were we serfs in a serfdom. We are a free capitalistic system in a democracy ruled by elected officials who are supposedly representing their constituents.
What we have is a government in a self created turmoil whose only concern is the elected officials personal and economic self interest. Yes, the time has come to hold politicians liable for their actions. They will not be able to hide in 2010.
What we have is a government in a self created turmoil whose only concern is the elected officials personal and economic self interest. Yes, the time has come to hold politicians liable for their actions. They will not be able to hide in 2010.
Monday, August 24, 2009
Why Connecticut Needs A New Government
It is obvious Connecticut needs a new government. Hartford and its leadership is failing miserably in their attempt to govern our state. Taxpayers and businesses are held in total disregard by the Democratic super majority. The Democratic solution to every problem in Hartford is to raise taxes whether or not it further erodes the states economy. Whether or not it forces more people to move out of state or sends businesses out of state. Whether or not it takes into account the massive amount of unfunded pension liabilities it needs to deal with for the future.
It becomes more obvious each day passing of no new budget that the Democratic super majority and in particular Mr. Donovan's public relations gimmicks are ill equipped to govern our state. Their only concern is their self preservation of their political power. Political influence is long gone with the Democratic super majority as more people will move out of state and more businesses abandon a hostile state to try to do business in. I know I have had enough and many others have also. 2010 will be the end of the Democratic super majority in Hartford. They are unfit to govern.
It becomes more obvious each day passing of no new budget that the Democratic super majority and in particular Mr. Donovan's public relations gimmicks are ill equipped to govern our state. Their only concern is their self preservation of their political power. Political influence is long gone with the Democratic super majority as more people will move out of state and more businesses abandon a hostile state to try to do business in. I know I have had enough and many others have also. 2010 will be the end of the Democratic super majority in Hartford. They are unfit to govern.
Friday, August 21, 2009
The Socialized Health Care Debacle Continues
And on it goes, the socialized health care debacle. Taxes and cost savings do not logically follow in economics. Nor do they follow in any way in the socialized health care debacle. How will the government pay for this new socialized health care plan? The only way possible is through higher taxes. Higher payroll taxes, higher personal income taxes (although Congress will exempt themselves from it) and the rationing of care due to its cost (yes some will live and other will die due to the economic structure of the plan in its current form). Thus with our economy already in a massive recession, we are going to raise taxes yet again and create even more economic stagnation along with a poor and sickly health care system. The burden that this socialized health care system will place on our economy, gross domestic product and the national debt will be felt for generations to come. All of this because a small minority in our economy do not have health insurance, all of this because liberals wish to insure illegal immigrants in our country and all of this because instead of worrying about realistic new job formation in our economy through the private sector, this administration needs to show the American public their disregard for basic economics.
As I have stated before this socialized health care plan will help to make America more sick. And also will raise your taxes and help to create more unemployment. What a waste...
As I have stated before this socialized health care plan will help to make America more sick. And also will raise your taxes and help to create more unemployment. What a waste...
Tuesday, August 18, 2009
The Health Care Debate Continues
And the current House bills are poor at best and will only make America more sick. Two points which I feel are needed in this debate should be looked at in economic terms. As taxpayers continue to view the excessive amount of federal spending for many "stimulus" program they see the same waste of their monies for a socialized health care plan.
The first area that seems to be lost in this debate is to expand high deductible health insurance so that people who wish to purchase this plan are able to do so. This would provide a safety net for those who just wish to have a basic plan. In conjunction with this there needs to be an expansion not contraction to health savings accounts (HSA). These health savings accounts may provide great incentives for those who wish to manage their health care and will actually lower health care costs for the future due to incentives to stay healthy (although this is misleading as government thrives on collecting sin taxes of all sorts such as tobacco and alcohol).
The second area that needs expansion is the dropping of all boundaries for health insurance companies to sell their plans throughout our country. Health insurance needs to portable. What has been created by governmental bureaucrats is a mess of tangled laws and webs which ultimately hurt the health insurance consumer not help them. These laws need to be repealed immediately. The more competition in health insurance the lower premiums become.
Mr. Obama got it right when he stated that companies like Fed Ex and UPS do a better job than the post office. And he would get it right if he left his socialized health care plan off the table. There are numerous private market solutions to this administrations manufactured crisis which will not bankrupt our country.
The first area that seems to be lost in this debate is to expand high deductible health insurance so that people who wish to purchase this plan are able to do so. This would provide a safety net for those who just wish to have a basic plan. In conjunction with this there needs to be an expansion not contraction to health savings accounts (HSA). These health savings accounts may provide great incentives for those who wish to manage their health care and will actually lower health care costs for the future due to incentives to stay healthy (although this is misleading as government thrives on collecting sin taxes of all sorts such as tobacco and alcohol).
The second area that needs expansion is the dropping of all boundaries for health insurance companies to sell their plans throughout our country. Health insurance needs to portable. What has been created by governmental bureaucrats is a mess of tangled laws and webs which ultimately hurt the health insurance consumer not help them. These laws need to be repealed immediately. The more competition in health insurance the lower premiums become.
Mr. Obama got it right when he stated that companies like Fed Ex and UPS do a better job than the post office. And he would get it right if he left his socialized health care plan off the table. There are numerous private market solutions to this administrations manufactured crisis which will not bankrupt our country.
Saturday, August 15, 2009
Economic Stimulation In Connecticut?
What is that? Economic stimulation in Connecticut. I see that Connecticut taxpayers get their bone thrown at them this coming week when they do not have to pay sales tax on clothes purchases. By doing this our Legislature feels they are making up for the remaining 51 weeks in the year that they are grossly overtaxing both businesses and individual taxpayers in our state. Economic stimulation could occur in our economy if our Democratic super majority actually cut state spending and cut taxes. By cutting taxes more monies are allowed to flow through our economy and the ultimate net result is greater tax revenues. Higher taxes create economic stagnation and result in lower tax revenues in the state. However this falls on the deaf ears of the Democratic super majority as their only concern is to satisfy their own self interest and inflated egos. In my economic opinion it will be many years before Connecticut recovers from this economic recession we have. We need to start new in Connecticut. New state budgets with low spending along with a slashing of taxes. Then and only then would our state start to move forward and be once again a vibrant economically growing economy. Economic stimulation will never occur with the economically illiterate politicians that we have who are in charge and ruining Connecticut.
Thursday, August 13, 2009
Again Economic Confusion From A Poor Health Care Plan, Pages 197-198
Again economic confusion reigns for our current administration. There has been over $13 trillion dollars worth of wealth lost in our economy since 2008. Now with that amount of wealth lost, our current administration wishes to tax those remaining working and those who are apparently incredibly wealthy earning $350,000 a year or more to help finance a miserably conceived health care plan. Yes your taxes are going to increase dramatically for this socialized health care plan. Here is just one section raising taxes found on pages 197-198 (There are many others)
SEC. 59C. SURCHARGE ON HIGH INCOME INDIVIDUALS.
(a) GENERAL RULE.—In the case of a taxpayer other than a corporation, there is hereby imposed (in addition to any other tax imposed by this subtitle) a tax equal to—
(1) 1 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $350,000 but does not exceed $500,000,
(2) 1.5 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $500,000 but does not exceed $1,000,000, and
(3) 5.4 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $1,000,000.
And this does include all of the new payroll taxes, surtaxes and penalty taxes to help pay for this sickening plan.
And at the same time please remember that Congress has exempted themselves from this plan. Thus those who create economic growth in our economy will be penalized for it. They will be forced to pay an even higher amount of taxes to the point that this group of taxpayers will be bearing almost the entire burden of taxation with relationship to lower income groups. And this administration seeks also to place caps on pay scales which will only further burden those who are prosperous and risk taking in our economy. Economically, the damage from this socialized health care plan will be felt through economic stagnation, excessively high taxes and another grave loss of jobs.
As I have stated before this socialized health care plan will make America sick.
SEC. 59C. SURCHARGE ON HIGH INCOME INDIVIDUALS.
(a) GENERAL RULE.—In the case of a taxpayer other than a corporation, there is hereby imposed (in addition to any other tax imposed by this subtitle) a tax equal to—
(1) 1 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $350,000 but does not exceed $500,000,
(2) 1.5 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $500,000 but does not exceed $1,000,000, and
(3) 5.4 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $1,000,000.
And this does include all of the new payroll taxes, surtaxes and penalty taxes to help pay for this sickening plan.
And at the same time please remember that Congress has exempted themselves from this plan. Thus those who create economic growth in our economy will be penalized for it. They will be forced to pay an even higher amount of taxes to the point that this group of taxpayers will be bearing almost the entire burden of taxation with relationship to lower income groups. And this administration seeks also to place caps on pay scales which will only further burden those who are prosperous and risk taking in our economy. Economically, the damage from this socialized health care plan will be felt through economic stagnation, excessively high taxes and another grave loss of jobs.
As I have stated before this socialized health care plan will make America sick.
Wednesday, August 12, 2009
Why Is It Unpatriotic To Disagree About Socialized Medicine?
Again why is it unpatriotic to disagree about socialized health care? Since when did we lose our freedom of speech in our country? Why can't we disagree about a 1000+page socialized medicine bill that Congress and Administration are ignorant about nor have not even read? Why must we pay for socialized medicine for those who are here in our country illegally? How are we going to pay for this far reaching and freedom grabbing socialized health care plan besides raising taxes and the national debt? What right does the Federal government have to decide who can live and who can die? What right does the Federal government have to tell parents how to raise their children? What right does the Federal government have to nationalize our insurance companies?
I can only see harm to our health and harm to our economy financially from this socialized health care plan which was thrown together by Congress. It is a bad plan which will ultimately lead to bad results in our economy. America is against socialized health care and will prevail in this fight. This plan makes America sick.
I can only see harm to our health and harm to our economy financially from this socialized health care plan which was thrown together by Congress. It is a bad plan which will ultimately lead to bad results in our economy. America is against socialized health care and will prevail in this fight. This plan makes America sick.
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