Greedy Demofascist Taxsuckers

[FastEddy]

"Dems seek $1 trillion tax hike, $3 trillion deficit cut from supercommittee" - By Erik Wasson - 10/26/11 - TheHill.com

"Democrats have proposed more than $1 trillion of tax increases [right away] in a $3 trillion deficit-reduction plan [spread over the next ten years, maybe] that they dropped with a thud onto the negotiating table of Congress’s supercommittee.

The plan proposed Tuesday by [lead taxsucker] Senate Finance Committee Chairman Max Baucus (D-Mont.) and backed by a majority of Democrats on the panel was presented as a grand bargain [ ] that cuts entitlements [ ], stimulates the economy [ ] and goes much further than the $1.2 trillion deficit cut required [ ] under the August debt-ceiling deal.

More than 50 percent of the deficit reduction in the plan would come from tax increases, one source said. ..."

Where is the "Occupy Anywhere But Washington" crowd when we need them? Planning a strike in Oakland Taxifornia? ... New York, NY, NY, NY? ... Buttkick Montana?

This Newspeak crappola is just that ...



"Feed Me! Feed Me! ... FEED ... ME! ..."

[GeronL]

Their mission is to reduce the deficit and they come out with a new stimulus program, figures.

[Rifleman]

Tax increases are just lies presented by the DimocRATS. As everyone should know, tax increases on :"Rich People" particularly the greedy ones that the left wants us to hate... usually results in lower revenues.

So, the Dims redefine upper middle Class, income over $125,000 a year, as rich. Many of these people are either some type of well paid Employee, or a small business, and thus can;t afford to do what a real rich person would do, that is: Not work or earn enough money that year to pay the higher rates; rearrange finances to show a loss or apply previous losses to current higher tax year; hire an accomplished accountant to maximize the tax burden; cut back on business and fire employees to make up for tax loss; or bribe politicians to recieve favors, special considerations, or specific tax credits.

[FastEddy]

Originally Posted by Rifleman

... As everyone should know, tax increases on :"Rich People" particularly the greedy ones that the left wants us to hate... usually results in lower revenues. ... So, the Dims redefine upper middle Class, income over $125,000 a year, as rich. ...

Yes, and as you point out the costs of current and additional compliance does not create any jobs except for trial lairs and tax deductible accountants.

Hate 'em? HATE 'EM! ... FARC 'em

[FastEddy]

Video: "Pelosi: "Yes" The Obama NLRB Should Shut Down Boeing's Plant In SC" - Maria interview at RealClear Politics / CNBC.com



Of course, she would say this ... Those plants are not in Taxifornia, there are in republicrat "right to work" states and they are partially non-union.

[FastEddy]

Details on demofascists' ObamaCare killing doctors jobs:



Unelected g'ment "officials" firing doctors, cutting doctors' income, positioning for g'ment takeover of specialized medicine, all of it = the very definition of Fascism ... unregulated takeover of industry by the power of institutionalized g'ment.

[FastEddy]

"[Democrat] Lawmakers to Propose Transaction Tax for Financial Firms Modeled on Europe" - Bloomberg.com By Phil Mattingly - Nov 1, 2011

"Two U.S. lawmakers will introduce measures to impose a transaction tax on financial firms that resembles a proposal released by the European Union.

Senator Tom Harkin, an Iowa Democrat, and Representative Peter DeFazio, an Oregon Democrat, will introduce the bills tomorrow in their respective chambers. The bills will give the United States an increased role in the international debate over a transaction tax, which is likely to be discussed at the Group of 20 summit this week in Cannes, France.

“It’s a significant way to raise some needed revenue,” Harkin said in an interview today in Washington. “Quite frankly, I bet nobody would even feel it.” ...

... Harkin and DeFazio are proposing a lower rate for the U.S. While the EU proposal would apply a tax of 0.1 percent on trades of stocks and bonds, the U.S. tax would be “about three basis points” or 0.03 percent, Harkin said.

“We’re simplifying it, looking at a lower rate and actually substantially mirroring the proposal in Europe,” DeFazio said in an interview.

The lawmakers have the backing of union groups and associations that fought for tighter regulations in the wake of the 2008 financial crisis. The AFL-CIO and National Nurses United, a professional association and union for nurses, have scheduled a rally in front of the Treasury Department on Nov. 3 in support of the fee. ... [more]"

Ya' All might think I'm a gin this 'un ... But I like it [!]

You see, this is the one kind of tax that could:

1) Straighten out the financial markets by putting SEC and IRS enforcement into the paper hanging, wall street (and chicago merc), mix and mashup.

2) Be a quite small percentage of every large transaction in the equity markets would yield more than enough to offset all trade tariffs, bank deposit insurance costs, fees, tributes and tithes ... and come right out of the commissions of the brokers and bankers = "a tax on Wall Street" and only on Wall Street.

3) Yield enough fed government revenue to completely eliminate the personal income tax , no kidding!

4) This also happens to jib nicely with the intent of the 16th Amendment ... so no fancy congressional/lobbyist/administration/courtroom footwork need apply.

Example: The Bond Market alone transacts more than $1 Trillion Dollars in paper value rollover every single business day! 0.03% of that would be $ 0.0003 Trillion US Dollars in "VAT" revenue or about $300 Million US Dollars every business day ... or about $72 Billion Dollars in transaction tax and fee revenue every year. Of course add to that the stock market transaction, the commodity market transactions, derivative market transactions, etc. etc., and pretty soon you are talking plenty of gravy for government.

[FastEddy]

"Feds probe ‘suspicious activity’ in Jesse Jackson Jr.’s finances: sources" - DrudgeReport headline/Chicago SunTimes

"... the probe — based in the Washington, D.C., FBI field office —is focusing on “suspicious activity” involving the congressman’s finances related to his House seat and the possibility of inappropriate expenditures, the sources said.

The probe was active in the weeks prior to Jackson taking a leave from his U.S. House seat on June 10, a leave his office ultimately attributed to his need for treatment for bipolar disorder, the sources said.

It was unclear whether the investigation involved the congressman’s official House spending account or his campaign finance account. But one source said it was an account monitored by Congress.

All members of the U.S. House receive an allowance to operate offices in Washington and in their districts. The allowances for rank-and-file members ranged from $1.4 million to $2 million in 2010, according to the House website. ...

... News of the probe — first disclosed by the Sun-Times — comes as questions increasingly swirl around Jackson’s absence from not only his official duties in Washington, but the campaign trail as the Nov. 6 election nears.

Citing exhaustion, Jackson, 47, stopped working, according to his staff, on June 10. His staff did not make that known until two weeks later.

He went to a clinic in Arizona then to the Mayo Clinic, which released a statement saying he was being treated for a bipolar disorder. Jackson is up for re-election Nov. 6 but has not campaigned since he won the Democratic primary in March. ..."

Tempest in a tea pot? ... Maybe, but Jackson Jr. has been AWOL before, and involved in other nefarious questions ....