“Those who don’t know history are destined to repeat it.” ~ Edmund Burke
Tag: Taxes
Only In America
1) Only in America could politicians talk about the greed of the rich at a $35,000 a plate campaign fund-raising event.
2) Only in America could people claim that the government still discriminates against black Americans when they have a black President, a black Attorney General, and roughly 18% of the federal workforce is black while only 12% of the population is black.
3) Only in America could they have had the two people most responsible for their tax code, Timothy Geithner, the head of the Treasury Department and Charles Rangel who once ran the Ways and Means Committee, BOTH turn out to be tax cheats who are in favor of higher taxes.
4) Only in America can they have terrorists kill people in the name of Allah and have the media primarily react by fretting that Muslims might be harmed by the backlash.
5) Only in America would they make people who want to legally become American citizens wait for years in their home countries and pay tens of thousands of dollars for the privilege while discussing letting anyone who sneaks into the country illegally just ‘magically’ become American citizens.
6) Only in America could the people who believe in balancing the budget and sticking by the country’s Constitution be thought of as “extremists.”
7) Only in America could you need to present a driver’s license to cash a check or buy alcohol, but not to vote.
8) Only in America could people demand the government investigate whether oil companies are gouging the public because the price of gas went up when the return on equity invested in a major U.S. Oil company (Marathon Oil) is less than half of a company making tennis shoes (Nike).
9) Only in America could the government collect more tax dollars from the people than any nation in recorded history, still spend a trillion dollars more than it has per year for total spending of $7 million PER MINUTE, and complain that it doesn’t have nearly enough money.
10) Only in America could the most productive people who pay 86% of all income taxes be accused of not paying their “fair share” by people who don’t pay any income taxes at all.
Sarah Palin Tells D.C. To Cut the Drama. Do Your Job.
Truer words were never spoken.
D.C.: Cut the Drama. Do Your Job.
Americans are sick and tired of yet another ginned-up crisis. D.C. needs to grow up, get to work, and live within its means. The real economic Armageddon looming before us is our runaway debt, not the sequester, which the President advocated for and signed into law and is now running around denouncing because he never had any genuine intention of reining in his reckless spending.
Remember that this sequestration deal came about because of the long debt ceiling standoff in the summer of 2011. It wasn’t the ideal outcome for anyone, but it did at least include real deficit reduction of about $110 billion per year for 10 years, which is still nowhere near enough to close our massive deficit. Keep in mind that since the sequester passed, the President has already hit American families and small business owners with his tax increases, or “more revenue” as he likes to call it. The American public doesn’t want tax increases; we want government to rein in its overspending.
If we can’t stomach modest cuts that would lower federal spending by a mere 0.3% per year out of a current federal budget of $3.6 trillion, then we might as well signal to the whole world that we have no serious intention of dealing with our debt problem.
If we are going to wet our proverbial pants over 0.3% in annual spending cuts when we’re running up trillion dollar annual deficits, then we’re done. Put a fork in us. We’re finished. We’re going to default eventually and that’s why the feds are stockpiling bullets in case of civil unrest.
If we ARE serious about putting our fiscal house in order, then let’s stop the hysterics, tighten our belts, and take our medicine.
– Sarah Palin
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