Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Sunday, August 9, 2009

-California forces business to pay taxes on worthless IOUs

What a joke. California will not pay back these IOUs, banks do not honor them because they are essentially worthless and have no backing, and now California is demanding that small business pay taxes on these worthless pieces of paper.

california license plate iou arnold
Small businesses that received $682 million in IOUs from the state say California expects them to pay taxes on the worthless scraps of paper, but refuses to accept its own IOUs to pay debts or taxes. The vendors' federal class action claims the state is trying to balance its budget on their backs.

Lead plaintiff Nancy Baird filled her contract with California to provide embroidered polo shirts to a youth camp run by the National Guard, but never was paid the $27,000 she was owed. She says California "paid" her with an IOU that two banks refused to accept - yet she had to pay California sales tax on the so-called "sale" of the uniforms.

The class consists mostly of small business owners, many of whom rely on income from government contracts to keep afloat. They say California has used them as "suckers" as it looks for a way to bankroll its operations while avoiding its own financial obligations.

h/t Bluegrass Pundit

Wednesday, July 15, 2009

-Democrats pushing their costly and complex socialized health care through under the noses of the American people

socialized healthcare do you trust dmv to save your life

Bloomberg reporting on the "health care overhaul" that is going on under your nose but being hidden behind the Sotomayor farce.

President Barack Obama may rely only on Democrats to push health-care legislation through the U.S. Congress if Republican opposition doesn’t yield soon, two of the president’s top advisers said.

“Ultimately, this is not about a process, it’s about results,” David Axelrod, Obama’s senior political strategist, said during an interview in his White House office. “If we’re going to get this thing done, obviously time is a-wasting.”

...House Democrats today unveiled legislation totaling about $1 trillion that would expand health care to millions of Americans over the next decade by raising taxes on the wealthiest households. The Senate has yet to agree on a bill as Democratic lawmakers struggle to get Republican support.

The AP
reported on how they are going to slam it through, without partisan support or even the knowledge of everyday Americans. Transparency be damned.

House Democratic leaders, pledging to meet the president's goal of health care legislation before their August break, are offering a $1.5 trillion plan that for the first time would make health care a right and a responsibility for all Americans. Left to pick up most of the tab were medical providers, employers and the wealthy.

"We cannot allow this issue to be delayed. We cannot put it off again," Rep. Henry Waxman, D-Calif., the chairman of the House Energy and Commerce committee, said Tuesday. "We, quite frankly, cannot go home for a recess unless the House and the Senate both pass bills to reform and restructure our health care system.

The legislation calls for a 5.4 percent tax increase on individuals making more than $1 million a year, with a gradual tax beginning at $280,000 for individuals. Employers who don't provide coverage would be hit with a penalty equal to 8 percent of workers' wages, with an exemption for small businesses. Individuals who decline an offer of affordable coverage would pay 2.5 percent of their incomes as a penalty, up to the average cost of a health insurance plan.

If this isn't socialism I don't know what is. Let's force people to pay for insurance even if they don't want it? It doesn't make sense for some people. There is a reason some small business owners don't have it now, and there will be those who don't want to support such a mockery of Democracy, but will be essentially forced to or get their money confiscated by Big Brother. Besides that, when government health care is soon to be all that's available, they're going to just pay for private clinics anyway, just like Canadians.

The liberal-leaning plan lacked figures on total costs, but a House Democratic aide said the total bill would add up to about $1.5 trillion over 10 years. The aide spoke on condition of anonymity to discuss the private calculations.

The 1,000-page bill is unlikely to attract any Republican backing, and business groups and the insurance industry immediately assailed it as a job-killer.

Yes, another thousand page bill. Do you honestly believe any member of Congress is going to read this travesty? Oh, and another 1.5 trillion dollars will be spent. Where are we going to get that kind of money? Not from the meager taxes imposed upon the "wealthy", that's for sure. And if you really think the Democrat-reported cost figure is at all accurate then you've got another thing coming.

This is the same government that can't even hand out driver's licenses without making it complicated. Look at the state of our public schools. Who wants that in your health care? And just in case you're still not convinced, here's a diagram of the bureaucratic nightmare that is government run health care: (click on the link for a PDF)

http://docs.house.gov/gopleader/House-Democrats-Health-Plan.pdf


republican bureaucratic nightmare health care diagram drudge

Tuesday, June 30, 2009

obama economy philosophy

Monday, June 29, 2009

-Obama most likely lied to you about raising taxes on those making under $250,000

obama kicking out malia for not paying tooth fairy taxes

Remember back when Barack Obama pledged not to raise taxes on those that make under 250,000 dollars?



And the truth comes out in the video below featuring everyone's favorite Press Secretary Robert Gibbs (Take note of an adoring press actually laughing at Gibbs' feeble response):



If you didn't like Bush lying to you, you're really going to hate President Barack Obama by the time he gets done decimating all that is America.

Video Credit: Mofopolitics

Monday, May 18, 2009

-Obama sponsored health care