Posts Tagged ‘Tax increases’
Monday, April 29th, 2013
ICYMI, on Tax Day, Heritage provided a useful chart showing federal spending, by percent, laid out on an image of a dollar bill. As it happens, we at Western Free Press did the same thing last year. Below are the two charts. Notice how entitlement spending is going up (this time, Social Security)? Note that eventually, entitlement spending will crowd out all other spending, consuming all revenue.
Tags: america's debt crisis, american tax relief, budget debt, bush tax rates, capital gains tax, capitalism, cradle to grave welfare, cutting entitlements, cutting medicaid, cutting medicare, cutting welfare, death tax, death tax rate, debt bomb, debt crisis, debt disaster, debt per family, debt to gdp, Deficit, demagoguing medicaid, demagoguing medicare, demogoguing entitlements, demogoguing welfare, entitlement, entitlement crisis, entitlement cuts, entitlement debt, entitlement mentality, entitlement program, entitlement programs, Entitlement reform, entitlement reforms, entitlement spending, entitlement spending cuts, Entitlement state, entitlement state capitalism, Entitlements, european welfare states, external debt, farmers ranchers death tax, Featured, Featured Story, federal debt, federal entitlement programs, federal entitlements, federal government spending, federal medicaid, federal medicaid programs, federal medicare, federal medicare programs, federal social security, federal welfare, federal welfare programs, foreign debt, government debt, government spending, government waste, government welfare, hospitals scam medicare, inefficient government, inflation tax, marginal rates, Medicaid, medicaid crisis, medicaid cuts, medicaid debt, medicaid insolvency date, medicaid insolvent, medicaid mentality, medicaid program, medicaid programs, medicaid reform, medicaid reforms, medicaid spending, medicaid spending cuts, Medicare, medicare crisis, medicare cuts, medicare debt, medicare insolvency data, medicare insolvent, medicare mentality, medicare program, medicare programs, medicare reform, medicare reforms, medicare spending, medicare spending cuts, National Debt, News and Opinion, payroll tax, payroll tax cut, private social security accounts, privatization of entitlements, privatization of medicaid, privatization of medicare, privatization of social security, privatization of welfare, rights vs entitlements, rights vs welfare, small businesses tax, social security administration, social security and medicare, social security bankrupt, spending deficit, Spending Problem, tax credit, tax credits, Tax Day, tax deduction, tax deductions, tax dollars, tax hike, tax increase, Tax increases, tax relief act, taxes, taxpayer, taxpayers, top earners, u.s. debt, united states government, us government deficit, wasteful government, wasteful government project, wasteful government spending, Welfare, welfare crisis, welfare cuts, welfare debt, welfare mentality, welfare program, welfare programs, welfare reform, welfare reforms, welfare spending, welfare spending cuts, Welfare state, Welfare state capitalism
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Saturday, April 27th, 2013
Disappointing 2.5 percent growth falls short
Add disappointing growth in the nation’s economy in the first three months of the year to stubborn unemployment to get the real picture of the failing Obama economy.
The government reported Friday that the economy grew by 2.5 percent in the first quarter, up from a dismal 0.4 percent at the end of last year. Yet a look at the details of the report shows a still fragile economy without much hope of progress for the rest of the year.
The Wall Street J...
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Tags: 1st quarter gdp, economic growth, Featured, Featured Story, fragile economy, gas prices, gdp growth, government spending, gross domestic product, News and Opinion, obama economy, obama gdp, spending cuts, Tax increases, Unemployment, unemployment rate
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Wednesday, April 24th, 2013
The Taxman Never Gets Enough
Support for imposing sales taxes on Internet shopping in the United States Senate is only more proof that lawmakers at every level of government are desperate to fund runaway spending.
The Senate voted 74 to 20 Monday to consider a bill that would require online retailers to collect state and local sales taxes. The law now says states can only require retailers to collect sales taxes if the retailer has a physical presence in the state.
As usual, the issue is framed ...
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Tags: Featured, Featured Story, income tax system, internet sales tax, john donahoe, john donahoe ebay, john donahoe internet tax, john donahoe tax, kelly ayotte, kelly ayotte tax, News and Opinion, online retailers oppose tax, online sales tax, online sales taxes, payroll tax, Tax increases, Taxation
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Thursday, April 18th, 2013
Spending Daily | April 18, 2013
“Hamel: No more taxes, Mr. President”
Public Notice Executive Director Gretchen Hamel editorializes in The Richmond Times Dispatch, “In business, you have to compete. The only way to attract new jobs and create economic growth is by cultivating a better environment for businesses to thrive. Virginians understand this, and so do their neighbors. North Carolina is considering legislation to drop its corporate tax rate to 4.9 percent, which would be the lowest...
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Tags: bankrupting america spending daily, Budget, economy, Featured, Featured Story, government overspending, Gretchen Hamel Executive Director Public Notice, inflation tax, marginal rates, News and Opinion, obama budget proposals, obama budget submission, obama budget submissions, obama budget unserious, obama budgets late, obama budgets never balance, obama budgets zero votes, payroll tax, payroll tax cut, president obama budget proposals, Public Notice, sequester, small businesses tax, tax credit, tax credits, tax deduction, tax deductions, tax hike, tax increase, Tax increases, tax relief act, taxes, taxpayer, taxpayers, top earners, Wasteful Spending
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Thursday, April 18th, 2013
Broken Record: Beggar’s Banquet
RECORD REVENUES: Federal Gov’t Projected To Collect Most Revenue In History In 2013: “The federal government is projected to collect more revenue in 2013 than ever before, a statistic Republicans are touting to make the case that the government has a spending problem, not a taxing one. … Both the CBO and the White House estimate the government will collect around $2.7 trillion in 2013, up from around $2.45 trillion last year.” (Bernie Becker, “Fed’s...
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Tags: american tax relief, balanced budget, Bankrupting America Broken Record, budget deal, bush tax rates, capital gains tax, capitalism, congressional budget office, death tax, death tax rate, farmers ranchers death tax, Featured, Featured Story, government overspending, inflation tax, marginal rates, News and Opinion, payroll tax, payroll tax cut, President Obama, revenues, small businesses tax, tax credit, tax credits, tax deduction, tax deductions, tax hike, tax increase, Tax increases, tax relief act, taxpayer, taxpayers, top earners, Wasteful Spending
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Tuesday, April 16th, 2013
Spending Daily | April 16, 2013
Pray For Boston
Our thoughts and prayers go out to the victims, families and friends of all those who were impacted by the bombings at the Boston Marathon. The American spirit is evident in the acts of courage and heroism by first responders, emergency personnel, police and fire department officials and the thousands of selfless individuals who helped rescue the injured and bring them to safety. Public Notice will be using its social media networks today to dir...
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Tags: american tax relief, balanced budget, bankrupting america spending daily, Budget, bush tax rates, capital gains tax, capitalism, death tax, death tax rate, entitlement, entitlement spending, farmers ranchers death tax, Featured, Featured Story, government overspending, Increased Revenue, inflation tax, marginal rates, News and Opinion, payroll tax, payroll tax cut, Public Notice, small businesses tax, tax credit, tax credits, tax deduction, tax deductions, tax hike, tax increase, Tax increases, Tax Refund, tax relief act, taxes, taxpayer, taxpayers, top earners, Wasteful Spending
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Monday, April 15th, 2013
Bankrupting America Releases New Web Video: Your Tax Dollars At Work
Arlington, Va. – Bankrupting America, a project of Public Notice, today released a new tax day web video, “Your Tax Dollars At Work,” asking Americans whether they feel Washington is spending their tax dollars wisely. This video highlights concerns for the way money is being spent in Washington, including reactions to recent headlines exposing real government waste.
The money that Washington squanders on a daily basi...
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Tags: american tax relief, Bankrupting America Tax Day Web Video, bush tax rates, capital gains tax, capitalism, death tax, death tax rate, farmers ranchers death tax, Featured, Featured Story, Featured Video, government debt, government overspending, government waste, Gretchen Hamel Executive Director Public Notice, inefficient government, inflation tax, marginal rates, National Debt, News and Opinion, payroll tax, payroll tax cut, Public Notice, small businesses tax, spending deficit, Spending Problem, tax credit, tax credits, Tax Day, tax deduction, tax deductions, tax hike, tax increase, Tax increases, taxpayer, taxpayers, u.s. debt, united states government, us government deficit, Videos, wasteful government, wasteful government project, wasteful government spending, Wasteful Spending, Your Tax Dollars At Work video
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Tuesday, March 26th, 2013
Spending Daily | March 26, 2013
Baucus on Dem Budget: “$1 Trillion in tax increases is too much”
Roll Call reports, “A defiant stand by Senate Finance Chairman Max Baucus against his party’s budget blueprint has raised new questions about the Democrats’ agenda for tax overhaul and deficit reduction. The Montana lawmaker was one of four Democrats who voted against the fiscal 2014 budget resolution (S Con Res 8) adopted on a 50-49 vote in the early morning hours of March 23. His vote...
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Tags: bankrupting america spending daily, Congress, Featured, Featured Story, government overspending, News and Opinion, Public Notice, senate budget, sequestration, Tax increases
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