Copied and pasted directly from the Committee On Ways And Means Republicans Website...
Press Release
Memo: McCrery on "Mother of All Tax Hikes"
October 25, 2007
By Ways and Means Republican Press Office
MEMO
RE: “Mother of All Tax Hikes” Bill
TO: Republican Members, Republican Staff
FROM: Ways and Means Committee Ranking Member Jim McCrery
My Friends,
At a bipartisan Ways and Means caucus last night, Chairman Rangel outlined his long-awaited “Mother of All Tax Hikes” legislation. The basics of the package are simple: This is the largest individual income tax increase in history.
The bill will add a 4% surtax on Americans earning more than $150,000 a year ($200,000 for couples). That is on top of the scheduled expiration of the 2001 and 2003 tax cuts. So, under Democrats’ plan, over the next few years, the individual income top tax rate in the United States will rise from 35% to 44%. By way of comparison, the other 29 Organization for Economic Co-operation and Development countries – basically other developed nations - have an average top marginal tax rate of 35.7%. In fact, only five OECD countries would have higher top marginal tax rates in 2011 than the United States if the Democrats’ bill is enacted.
This crushingly high tax rate will affect approximately 10 million taxpayers directly - including those who report business income, like small business owners and farmers - but the damage will ripple throughout our economy. Because small businesses and family farms often pay their income taxes as individuals, this is a massive tax hike on the engine that drives job growth in this country.
In addition, the surtax is on adjusted gross income, not taxable income. This sounds like a technical issue, but it means that Rangel’s bill will erode the value of a series of tax deductions – including for mortgage interest, charitable giving, medical expenses, state and local taxes, and the standard deduction. And, because the surtax kicks in at $150,000 for individuals and $200,000 for couples, the bill creates a monster of a marriage penalty.
Chairman Rangel will claim that these tax increases go to provide tax cuts to 90 million Americans, but he is selling pure snake-oil. Many if not most of those taxpayers are getting a purely imaginary “tax cut.” Some of them are the roughly 20 million people that Republicans shielded with the Alternative Minimum Tax patch. Millions more are people who have benefited from the 2001 and 2003 tax cuts, and only get “tax cuts” if you assume that the 10% bracket, marriage penalty, and $1,000 per child tax credit will expire. Others, like single people who will now be eligible for the Earned Income Tax Credit, are getting a tax refund from the government even though they don’t actually pay income taxes.
It will take time to analyze this bill and sort through the data, but we know from the start that the 90 million figure is pure hokum. In fact, before you know it more taxpayers may wind up paying higher taxes – and fewer paying less - under Rangel’s plan than they did last year.
Which brings us to the larger fallacy of the Democrats’ “paygo” system. There is no need to “pay for” protecting taxpayers from a massive AMT tax hike. The government never meant for the AMT to affect middle-class Americans, and we have a responsibility to make sure it doesn’t. By arguing that preventing this tax increase requires us to raise taxes elsewhere, Democrats are trying to lock Congress into a system where we are guaranteed to raise taxes by $3.5 trillion over ten years.
That’s right. $3.5 trillion. The baseline that the Democrats are using for “paygo” includes revenue from an “un-patched” AMT and from the tax increases that occur when the 2001 and 2003 tax laws expire after 2010. Together they total $3.5 trillion over ten years. If we play by the Democrats “paygo” rules, that is the size of the tax increase we are imposing on the American people. That will hurt our nation’s competitiveness and cost us American jobs. The Rangel bill is the first step down a road none of us want to follow, and I urge you to oppose it strongly.
Showing posts with label Communism. Show all posts
Showing posts with label Communism. Show all posts
Thursday, October 25, 2007
Thursday, October 18, 2007
The Communists Are Under My Bed?!?
A discussion over at Mark's place reminded me of this, so I looked the tired old thing up again.
I am posting it simply for the purpose of discussion.
Whle I do not believe that the United States has become a Communist Country (in the strict sense of the word), we do have a healthy dose of Communist, or at least Communistic policies firmly in place, and anyone who opposes the expansion of those types of policies is roundly demonized and villified as hating the poor, wanting to starve children, wanting to deny people life saving health-care, and so on.
So here it is:
The Ten Planks of the Communist Party
In the early 1960's during the days of the "former" Soviet Union, Russian Premier Nikita Kruschev pounded his shoe on the podium of the United Nations and shouted to the West, "We will bury you!" Fearing an invasion from the Reds, America proceeded to build the most awesome military machine in history. Unfortunately, we forgot to guard our political homefront from being taken over by socialist - communist - liberal activists who would gain office and destroy American law by process of gradually installing the Communist agenda within our legal system and separate branches of government.
The Communist program from the start has been one which sees their revolution of 1917 successful only upon total domination of the world. (See Brain Washing, A Synthesis of the Russian Textbook on Psycho-politics)
Americans, being the most naive people among the nations, now believe that Communism is dead because the Berlin Wall and the Iron Curtain have been removed. The ironic truth is that Communism has just switched names to become more "politically correct".
Today it is called international democracy.
The reason that the Berlin Wall came crashing down is not because Communism is dead but because they have achieved the planned agenda to communize the West, including America.
Washington D.C. has indeed become part of the New World Order of atheist governments. With the last vestiges of Christian law having been removed from "American government" over the last twenty years, there is no longer a threat of resistance against world Communism.
In reality, "American government" became part of the Iron Curtain, thus there was no more need for the likes of a Berlin Wall.
Once again, in their foolishness, the American public has believed the lies of their "leaders" who applaud "the fall of Communism", while they have sold out the country to anti-Christian, anti-American statutes and regulations on the federal, state, and local levels.
Posted below is a comparison of the original ten planks of the Communist Manifesto written by Karl Marx in 1848, along with the American adopted counterpart of each of the planks.
The American people have truly been "buried in Communism" by their own politicians of both the Republican and Democratic parties.
One other thing to remember: Karl Marx was stating in the Communist Manifesto that these planks will test whether a country has become communist or not.
If they are all in effect and in force the country IS communist. Communism, but by any other name...??
1. Abolition of private property and the application of all rent to public purpose.
The 14th Amendment of the U.S. Constitution (1868), and various zoning, school & property taxes. Also the Bureau of Land Management.
2. A heavy progressive or graduated income tax.
Misapplication of the 16th Amendment of the U.S. Constitution, 1913, The Social Security Act of 1936.; Joint House Resolution 192 of 1933; and various State "income" taxes. We call it "paying your fair share".
3. Abolition of all rights of inheritance.
We call it Federal & State estate Tax (1916); or reformed Probate Laws, and limited inheritance via arbitrary inheritance tax statutes.
4. Confiscation of the property of all emigrants and rebels.
We call in government seizures, tax liens, Public "law" 99-570 (1986); Executive order 11490, sections 1205, 2002 which gives private land to the Department of Urban Development; the imprisonment of "terrorists" and those who speak out or write against the "government" (1997 Crime/Terrorist Bill); or the IRS confiscation of property without due process.
5. Centralization of credit in the hands of the State, by means of a national bank with state capital and an exclusive monopoly.
We call it the Federal Reserve which is a credit/debt system nationally organized by the Federal Reserve act of 1913. All local banks are members of the Fed system, and are regulated by the Federal Deposit Insurance Corporation (FDIC).
6. Centralization of the means of communication and transportation in the hands of the State.
We call it the Federal Communications Commission (FCC) and Department of Transportation (DOT) madated through the ICC act of 1887, the Commissions Act of 1934, The Interstate Commerce Commission established in 1938, The Federal Aviation Administration, Federal Communications Commission, and Executive orders 11490, 10999, as well as State mandated driver's licenses and Department of Transportation regulations.
7. Extension of factories and instruments of production owned by the State, the bringing into cultivation of waste lands, and the improvement of the soil generally in accordance with a common plan.
We call it corporate capacity, The Desert Entry Act and The Department of Agriculture. As well as the Department of Commerce and Labor, Department of Interior, the Evironmental Protection Agency, Bureau of Land Management, Bureau of Reclamation, Bureau of Mines, National Park Service, and the IRS control of business through corporate regulations.
8. Equal liability of all to labor. Establishment of Industrial armies, especially for agriculture.
We call it the Social Security Administration and The Department of Labor. The National debt and inflation caused by the communal bank has caused the need for a two "income" family. Woman in the workplace since the 1920s, the 19th amendment of the U.S. Constitution, the Civil Rights Act of 1964, assorted Socialist Unions, affirmative action, the Federal Public Works Program and of course Executive order 11000.
9. Combination of agriculture with manufacturing industries; gradual abolition of the distinction between town and country by a more equable distribution of the population over the country.
We call it the Planning Reorganization act of 1949 , zoning (Title 17 1910-1990) and Super Corporate Farms, as well as Executive orders 11647, 11731 (ten regions) and Public "law" 89-136.
10. Free education for all children in government schools. Abolition of children's factory labor in its present form. Combination of education with industrial production, etc. etc.
People are being taxed to support what we call "public" schools, which train the young to work for the communal debt system. We also call it the Department of Education, the NEA and Outcome Based "Education".
Click here to learn how it all came about and here to see if YOU are a practicing Communist.
SOURCE: http://www.wealth4freedom.com
There you have it.
I am posting it simply for the purpose of discussion.
Whle I do not believe that the United States has become a Communist Country (in the strict sense of the word), we do have a healthy dose of Communist, or at least Communistic policies firmly in place, and anyone who opposes the expansion of those types of policies is roundly demonized and villified as hating the poor, wanting to starve children, wanting to deny people life saving health-care, and so on.
So here it is:
The Ten Planks of the Communist Party
In the early 1960's during the days of the "former" Soviet Union, Russian Premier Nikita Kruschev pounded his shoe on the podium of the United Nations and shouted to the West, "We will bury you!" Fearing an invasion from the Reds, America proceeded to build the most awesome military machine in history. Unfortunately, we forgot to guard our political homefront from being taken over by socialist - communist - liberal activists who would gain office and destroy American law by process of gradually installing the Communist agenda within our legal system and separate branches of government.
The Communist program from the start has been one which sees their revolution of 1917 successful only upon total domination of the world. (See Brain Washing, A Synthesis of the Russian Textbook on Psycho-politics)
Americans, being the most naive people among the nations, now believe that Communism is dead because the Berlin Wall and the Iron Curtain have been removed. The ironic truth is that Communism has just switched names to become more "politically correct".
Today it is called international democracy.
The reason that the Berlin Wall came crashing down is not because Communism is dead but because they have achieved the planned agenda to communize the West, including America.
Washington D.C. has indeed become part of the New World Order of atheist governments. With the last vestiges of Christian law having been removed from "American government" over the last twenty years, there is no longer a threat of resistance against world Communism.
In reality, "American government" became part of the Iron Curtain, thus there was no more need for the likes of a Berlin Wall.
Once again, in their foolishness, the American public has believed the lies of their "leaders" who applaud "the fall of Communism", while they have sold out the country to anti-Christian, anti-American statutes and regulations on the federal, state, and local levels.
Posted below is a comparison of the original ten planks of the Communist Manifesto written by Karl Marx in 1848, along with the American adopted counterpart of each of the planks.
The American people have truly been "buried in Communism" by their own politicians of both the Republican and Democratic parties.
One other thing to remember: Karl Marx was stating in the Communist Manifesto that these planks will test whether a country has become communist or not.
If they are all in effect and in force the country IS communist. Communism, but by any other name...??
1. Abolition of private property and the application of all rent to public purpose.
The 14th Amendment of the U.S. Constitution (1868), and various zoning, school & property taxes. Also the Bureau of Land Management.
2. A heavy progressive or graduated income tax.
Misapplication of the 16th Amendment of the U.S. Constitution, 1913, The Social Security Act of 1936.; Joint House Resolution 192 of 1933; and various State "income" taxes. We call it "paying your fair share".
3. Abolition of all rights of inheritance.
We call it Federal & State estate Tax (1916); or reformed Probate Laws, and limited inheritance via arbitrary inheritance tax statutes.
4. Confiscation of the property of all emigrants and rebels.
We call in government seizures, tax liens, Public "law" 99-570 (1986); Executive order 11490, sections 1205, 2002 which gives private land to the Department of Urban Development; the imprisonment of "terrorists" and those who speak out or write against the "government" (1997 Crime/Terrorist Bill); or the IRS confiscation of property without due process.
5. Centralization of credit in the hands of the State, by means of a national bank with state capital and an exclusive monopoly.
We call it the Federal Reserve which is a credit/debt system nationally organized by the Federal Reserve act of 1913. All local banks are members of the Fed system, and are regulated by the Federal Deposit Insurance Corporation (FDIC).
6. Centralization of the means of communication and transportation in the hands of the State.
We call it the Federal Communications Commission (FCC) and Department of Transportation (DOT) madated through the ICC act of 1887, the Commissions Act of 1934, The Interstate Commerce Commission established in 1938, The Federal Aviation Administration, Federal Communications Commission, and Executive orders 11490, 10999, as well as State mandated driver's licenses and Department of Transportation regulations.
7. Extension of factories and instruments of production owned by the State, the bringing into cultivation of waste lands, and the improvement of the soil generally in accordance with a common plan.
We call it corporate capacity, The Desert Entry Act and The Department of Agriculture. As well as the Department of Commerce and Labor, Department of Interior, the Evironmental Protection Agency, Bureau of Land Management, Bureau of Reclamation, Bureau of Mines, National Park Service, and the IRS control of business through corporate regulations.
8. Equal liability of all to labor. Establishment of Industrial armies, especially for agriculture.
We call it the Social Security Administration and The Department of Labor. The National debt and inflation caused by the communal bank has caused the need for a two "income" family. Woman in the workplace since the 1920s, the 19th amendment of the U.S. Constitution, the Civil Rights Act of 1964, assorted Socialist Unions, affirmative action, the Federal Public Works Program and of course Executive order 11000.
9. Combination of agriculture with manufacturing industries; gradual abolition of the distinction between town and country by a more equable distribution of the population over the country.
We call it the Planning Reorganization act of 1949 , zoning (Title 17 1910-1990) and Super Corporate Farms, as well as Executive orders 11647, 11731 (ten regions) and Public "law" 89-136.
10. Free education for all children in government schools. Abolition of children's factory labor in its present form. Combination of education with industrial production, etc. etc.
People are being taxed to support what we call "public" schools, which train the young to work for the communal debt system. We also call it the Department of Education, the NEA and Outcome Based "Education".
Click here to learn how it all came about and here to see if YOU are a practicing Communist.
SOURCE: http://www.wealth4freedom.com
There you have it.
Tuesday, May 01, 2007
Mayday! Mayday!
Today Punxutawney Fidel failed to come out of his hole and look for his shadow, so Cuba will have at least six more weeks of Communism.
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