Shhh!, It's Taxes Stupid; But Don't Tell

Want to know how Reid and Obummer plan on paying for the so called Health Reform which is no reform at all but a tax and a way of controlling another segment of the American economy?

Senator Harry Reid's health care bill uses the word "tax" 183 times--and each time it hurts more than the last. As documented (section/cost) by Americans for Tax Reform, here are 18 of Sen. Reid's tax hikes:

Individual Mandate Tax (Sec. 1501/$8 billion),

Employer Mandate Tax (Sec. 1513/$28 billion),

Excise Tax on Comprehensive Health Insurance Plans (Sec. 9001/$149.1 billion),

Employer Reporting of Insurance on W-2 (Sec. 9002/Min$),

Medicine Cabinet Tax (Sec. 9003/$5 billion),

HSA Withdrawal Tax Hike (Sec. 9004/$1.3 billion),

FSA Cap (Sec. 9005/$14.6 billion),

Corporate 1099-MISC Information Reporting tax (Sec. 9006/$17.1 billion),

Excise Tax on Charitable Hospitals (Sec. 9007/Min$),

Tax on Innovator Drug Companies (Sec. 9008/$22.2 billion),

Tax of Medical Device Manufacturers (Sec. 9009/$19.3 billion),

Tax on Health Insurers (Sec. 9010/$60.4 billion),

The bill seeks to Eliminate tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D (Sec. 9012/$5.4 billion),

Raise "Haircut" for Medical Itemized Deduction from 7.5% to 10% of AGI (Sec. 9013/$15.2 billion),

Sets a $500,000 Annual Executive Compensation Limit for Health Insurance Executives (Sec. 9014/$0.6 billion),

Hike in the Medicare Payroll Tax (Sec. 9015/$53.8 billion),

Blue Cross/Blue Shield Tax Hike (Sec. 9016/$0.4 billion),

Tax on Cosmetic Medical Procedures (Sec. 9017/$5.8 billion).

Now you know how they manage to “Cook the Numbers” to show it will “save” money. It amounts to TAX, TAX, TAX. But then that is a favorite item in the leftist vocabulary. In other words, it’s a lie, not just a lie but a blatant lie which we use to call back up in the mountains, a low down rotten skunk smelling damn lie. There is no other language to describe it otherwise that is printable on this blog.

Hat tip: FRC

Pelosi Introduces The transaction Tax

I wrote about this tax that was sure to come if Obama were to be elected in September of 2008. On Tuesday, September 9, 2008 I posted this Barack Hussein Obama, George Soros, the Tobin Tax and the Tie That Binds The link is for reference for those interested in reading the entire story of how all this has taken place.The full story includes Obama’s famous Global Poverty Bill, which by the way still languishes in the senate, and I believe will be unveiled with great ceremony when the time is right to proclaim his “savior of the world”. Should his so called Health plan fail to evolve in the way he desires and his “crap and tax” fails we can expect the surprise to come shortly there after and possibly just before the 2010 elections and certainly prior to 2012.

Today Nancy Pelosi and the rest of the money hungry democrats have taken it up as a way to bring prosperity. Prosperity to whom I would ask… certainly not to the common working people who for some reason have elected foolish people such as Pelosi, Reid and Obama to ruin (not a typo) this nation.

One of the organizations that took up the cry for immediate acceptance of this scheme back when it was first mentioned is a group called ATTAC, the Association for the Taxation of Financial Transactions to Aid Citizens. The name says about all that is needed to be said at this time about this group. Under their ideology, the Tobin Tax would be used to raise money to spend in the Third World, but it involves calling people on the streets not to denounce capitalist exploitation, so they claim, but to demand a minimal tax on the financial transactions in which capitalists try to swindle each other out of the proceeds of their past exploitation of the working class. It really is one of the most pathetic reform proposals for which people have ever been called upon to demonstrate. When one reads the code words it is easy to see the real intent and purpose of this scheme—redistribution of wealth.

And of course now Pelosi and the democrats have taken up the cry all in the name of “helping the working class folks” of course. Here is what Speaker Pelosi said:

Tax 'em all: "I believe that the transaction tax still has a great deal of merit. The concern that many of us or others have had is that it will send, it will send transactions overseas. ... The fact is, what we are talking about is a global transaction [tax], something that we would do in conjunction with other G nations, whether it is G8, G20, whatever the current G number is. Because it is really a source of revenue that has really minimal impact on the transaction, but a tremendous impact on helping us meet our needs. I think there would be a market for it among the American people to say that we are all participating in the economic prosperity of our country, and we are all pitching in to continue that prosperity." --House Speaker Nancy Pelosi (D-CA) touting a tax on stocks, bonds and other financial transactions.

This is nothing more that what George Soros has been waiting to do for a number of years now. With his “sock puppet” in place and the introduction of the idea by Pelosi look out folks cause here it comes. Just another step toward relegating the US to a member of a One World Government.

George Soros had taken the Tobin Tax a step farther and created what he calls SDRs, or Special Drawing Rights, which is the method by which the taxes would be distributed. SDRs are part of a country's official foreign exchange reserves. They serve as a means of payment among Fund members. IMF creates SDRs "through a process of allocation and distribution to IMF members (International Monetary Members, created by the UN)." Before the U.S. could become involved in this scheme, it would have to be implemented by the U.S. Congress. Now hang on and you will see shortly how Barack Hussein Obama and his Global Poverty Bill fits into this scheme. Soros sees in this pending SDR allocation a readily available means "to finance the provision of public goods on a global scale as well as to foster economic, social, and political progress in individual countries ..." (Richer countries would donate their SDR allocations to specific improvement projects in poorer countries. Poorer countries would keep their allocations as an addition to their monetary reserves. Can you say, redistribution of wealth?)

Projects worthy of funding proposed by poorer countries would win a place on an approved list created by an independent international board to be set up by the IMF. "Eminent persons"(rest assured that George Soros would be the appointer) appointed for fixed terms and free of control by their governments would make up this board.

Donor countries, using their SDR allocations, would choose to fund any program from the list created by the international board. But unlike the usual practice in traditional foreign aid, the donor countries would not control the programs. An audit commission, separate from the international board, would monitor and evaluate. Donors' choices would be made public. Soros would limit the initial round of eligible programs to a few high-priority areas such as public health, education, information technology, or judicial reform.

The IMF's international board would thus work roughly the way philanthropic foundations work. Poorer countries would submit a proposal to the board the way, say, a college now submits a proposal to, say, the Mellon Foundation. But the board's approval of a program would merely be an enabling act. A richer donor country, interested in giving its SDR credits to a poorer country, would have to step up and select a project for funding from the list of approved projects. In doing so, it would be agreeing to follow the rules established by the board and IMF. Those rules would aim at keeping the donor country from using the "grant" for its own political purposes; and they would aim to place responsibility for executing the program in the hands of locals who were not agents of their governments. So far this type of system has failed but regardless there are those who will continue to call for such redistribution of wealth.

EPA says Greenhouse Gases Endanger Human Health

WASHINGTON – The Environmental Protection Agency took a major step Monday toward regulating greenhouse gases, concluding that climate changing pollution threatens the public health and the environment.

The announcement came as the Obama administration looked to boost its arguments at an international climate conference that the United States is aggressively taking actions to combat global warming, even though Congress has yet to act on climate legislation. The conference opened Monday in Copenhagen.

The EPA said that the scientific evidence surrounding climate change clearly shows that greenhouse gases "threaten the public health and welfare of the American people" and that the pollutants — mainly carbon dioxide from burning fossil fuels — should be regulated under the Clean Air Act.

"These long-overdue findings cement 2009's place in history as the year when the United States government began addressing the challenge of greenhouse-gas pollution," said EPA Administrator Lisa Jackson at news conference.


Just in time for the arrival of "the ONE" at the Climate Change Circus in Copenhagen, the EPA makes their sudden revelation. Do you think it was coincidental, or was it to make "the ONE" look good in front of the gathering of clowns in Copenhagen? Certainly it strokes his ego and causes him to "diddy-bop" even more as he takes the platform. The other clowns are thinking, “Why, certainly ... the new king of the world.” And from all indications that is the post the Chief Clown has been campaigning for since day one.

I wrote on another blog some months ago that "the ONE" would use the EPA Regulations already in place in order to get all the attention at the CCC and to bypass any debate in Congress on how much money it would cost to perform this unnecessary task or how much taxes you and I and industry would be paying in the future. It's called taxation without representation and that folks is not Constitutional. We fought a much-needed war over that issue at one time and it appears that we may need to have another one to stop this spread of European Marxism. Using the EPA sure beats the fight "the ONE" would have in passing "cap and trade," or as it is better known crap and tax. I heard a small business owner speak today that he is now paying over $10K a month for cooling his business, and that, given the rough estimates so far, he would be paying at least $20K or more when the ridiculous EPA regulations are set into play. His final remark was, “Yes, unfortunately, the cost will be passed on to my customers.” Not only can EPA regulations control what type of heating and cooling you will use, but they can also tell you what your thermostat will be set on. Can you imagine working in a place with the thermostat set on 85 degrees (F) instead of 75 degrees?

All I can say, folks, is bend over and grab your ankles because this is going to be rammed through the back door.

I can only hope the class of idiots who voted for the Chief Clown will be happy with paying out the wahzoo for heat, cooling, lights, and all other energy they consume. I am sure that this is not part of the "Change" they hoped for. I may suffer, but I will suffer less knowing that I voted for the other guy.