Regarding Those Federal Entitlements

Tags

hyporicy, politicians, politics, social security

All the devious machinations of politicians and the dismal results are more often than not without consequence to the elected official.  A comment for a Social Security op-ed tells it like it is: 

Pericles • 13 hours ago

“We’ll hear arguments like, “not all Americans were privileged to work 
for employers who provided them with private retirement accounts,” and 
“those privileged workers need to ‘give back’ to the less privileged who
only have Social Security to rely on.”

It’s never the politicians who have to ‘give back’ to the less fortunate. It’s always the hard working taxpayers. The underfunding which the politicians produce is never their responsibility to fix but ours. Their mismanagement, incompetence and profligacy must always be ameliorated by reaching into our pockets, not theirs. The deficits they create must be eliminated by our sacrifices, not theirs.

More people are experiencing the “burdens” that bloated and irresponsible government produces to fund the “benefits” for those whose main contribution is to vote for the politicians who reach into our pockets to fill theirs.

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Drudge Shines Light on Ignorant Media

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bias, media, Obama, Obamacare, taxes

Laughing at the mainstream media fools

The people charged with purveying of information have again shown their true colors regarding this president and his failed policies:

But they are so in the tank for Obama that all they’re attuned to is anything that might appear harmful or damaging to Obama. They then have to circle the wagons, and, as is always the case, rather than debate the merits of anything, the objective is to smear is and destroy whoever they consider to be the enemy of Obama.  So Obama and his people make haste and write all over the place that Drudge is a liar.

via Drudge Shines Light on Ignorant Media – The Rush Limbaugh Show.

The swine said:

I love that “pig ignorant” quote!

Regarding Taxes: It’s All About Power, Not The Amount of Revenue

Tags

control, IRS, National Review, politics, power, taxes

Mark Steyn’s article does attract great commentary.

 

The tax code will never be truly revised because it isn’t about generating revenue. The tax code is all about power. The power of the purse and the power of favors. Try to get rid of it and make it revenue neutral, people will scream. Try to simplify it and show how more money will be generated and people will scream it’s regressive. Try to make it fair (meaning everybody pays their fair share) and people will howl. It doesn’t matter is you could show that a flat 5% on all wage earners would generate more money, it would be squelched as unfair to the poor. It wouldn’t matter if you suggested a flat 5% sales tax on everything but food and lodging, they would scream about it’s harming someone. Car companies would lobby against (increases the car price by 5%), realtors would lobby against (we must have that interest deduction), GE would be screaming and the CPA lobby would justifiably revolt.

Think about it, every savings account a 401K, more money in your paycheck and, a tax plan that rewards saving and restraint. Impossible!
They want the power and they won’t yield it to us under any circumstances.

 

 

A Quote regarding overreach and government

Tags

1984, government, overreach

“When the most lavishly funded government on the planet comes after you,

eventual guilt or innocence is irrelevant: The process is the punishment.”

I found the gem in the comment section of Mark Steyn’s article covering the IRS scandal.  In essence, the lawyers and the bloated bureaucracy will win while the accused, whether guilty or innocent, will be left bankrupt.

Obama budget to take aim at wealthy IRAs – The Hill’s On The Money

Tags

401K, IRAs, looting, retirement funds, taxes

Cyprus gave all of us a glimpse into our future.

President Obama’s budget, to be released next week, will limit how much wealthy individuals – like Mitt Romney – can keep in IRAs and other retirement accounts.

The proposal would save around $9 billion over a decade, a senior administration official said, while also bringing more fairness to the tax code.

via Obama budget to take aim at wealthy IRAs – The Hill’s On The Money.

The swine said:

It will be fine for the government to eat the rich.  Just wait till the day comes when they come for your stuff.  I’m sure the looters will say the same thing about fairness, paying your fair share, and all that other nonsense politicians spew to justify taking your hard-earned money.

Bernard Arnault: France’s richest man moves to Belgium ‘to avoid new socialist super-tax

Tags

Bernard Arnault, eating the rich, rich, taxes, Tina Turner

The richest man in France has officially transferred his multi-billion pound fortune out of his homeland to Belgium.

Bernard Arnault, head of luxury goods group LVMH, insists he has moved his assets for ‘family inheritance reasons’.

But others are convinced that the 63-year-old has joined other tycoons and celebrities in wanting to avoid taxes – including a 75 per cent top rate on income – introduced by Socialist President Francois Hollande.

via Bernard Arnault: France’s richest man moves to Belgium ‘to avoid new socialist super-tax’ | Mail Online.

And Tina turner says adios to U.S. :

US pop legend Tina Turner, who has been living in Switzerland since 1995, will soon receive Swiss citizenship and will give up her US passport, Swiss media reported Friday.

The Story

The swine said

It just goes to show you what happens when power-hungry politicians get out of hand.  The rich can always pick up and find greener pastures elsewhere.  The rest of us will just get stuck with the bill for the rest of the looting layabouts.

Land of Entitlements

Tags

Democrats, entitlements, fail, handouts, welfare, Where's my free stuff?, your money, zombies

The swine said

I just love the fact that Democrats take my tax money and use it to buy votes.  I guess I can’t really blame them since it seems to be working rather well for them.  I’m just curious to know what happens when the  money fountain runs dry?

Congressman: Obamas Tax Increases Fund Government for Eight Days

“The president’s plan to increase taxes on the upper two percent covers the spending by this federal government not for eight years, not for eight months, not for eight weeks but for eight days. Eight days only,” said Mr. Price. “It’s not a real solution. So, again, I’m puzzled by an administration that seems to be more interested in raising tax rates than in gaining economic vitality.”

via Congressman: Obamas Tax Increases Fund Government for Eight Days.

Obama’s Strategy: Eat The Rich!

Tags

Afterburner, Bill Whittle, debt, deficit, Eat The Rich, Obama, redistribution, taxes, video

The swine said

Barry likes to make us think that the rich are at fault.  Higher taxes on the rich will bring prosperity according to Mr. Obama’s innovative methods.  Nevertheless, most people have no conception of the trillion dollar deficits that Barry has managed to create while he gives no honest answers on how this money will be paid back.  What does a trillion dollars look like?  How can anyone justify such spending?  I was mad about W’s spending, but Barry makes George look thrifty!  Anyway, the video above puts this spending in perspective and blows a huge hole in Obama’s “strategy” regarding the economy, tax policy, and getting this nation back on track.  If you get a chance to watch the movie “2016,” then you probably will consider the reality that Barry really wants America to stay off track, plunge the nation into a sea of red ink (we are already there), and never recover.  How else can you explain Obama’s policies?

IRS paid out billions in bogus refunds under program for immigrants

Tags

illegal aliens, nothing to see here, scam, your tax money at work

The IRS has paid out as much as $5.2 billion in fraudulent tax refunds to immigrants, and ignored employees who tried to warn agency higher-ups of its mistakes, according to a new audit released Wednesday by the agency’s inspector general.The Treasury Inspector General for Tax Administration said identity theft fraud could cost the government $21 billion over the next five years unless the IRS takes steps to crack down on the bogus use of Individual Taxpayer Identification Numbers ITINs which are issued to immigrants — legal and illegal — in lieu of Social Security numbers, so they can pay taxes.

via IRS paid out billions in bogus refunds under program for immigrants – Washington Times.