Archive for the Category »tobacco «

Aug

liar liar

Big Government has grabbed themselves more and more power in dictating to us what we can and cannot drive, eat, read, use, etc.

Government is growing. The private economy is shrinking. Economic growth has slowed to a crawl.

Obama and his legion of minions are taking more and more of our lives away from us, to regulate and tax, even down to what we choose to drink!

This past week new rules governing our credit cards kicked in, following passage of the Credit Card Accountability and Responsibility Act, signed into law last year.

The point of the CARD Act is to protect us consumers from the scheming bankers from whom we get our credit cards.

Have you checked your credit card interest rates?

Who will protect us from scheming politicians? From the power-grabbers? From the ego maniacs?

As usual, the Wolf-In-Chief cannot see beyond the end of his own nose and despite constant reminders that no one making less that $250,000 (or $200,000 – it keeps changing) will pay more in taxes — the taxes on the poorer people keep going up!

First it was the cigarette tax. Now who is affected here? Not those making more than $250,000!

Then his stupid credit card "reform" has resulted in all of us paying higher interest rates. Oh yeah, that's a big saving.

Healthcare "reform" has resulted in much higher insurance premiums for those who can least afford it.

Brace yourself for that insane Cap and Trade that will make you pay 10 times your current electric bill. Another great saving for us who make way less than $250,000.

And stop blaming the companies and business. It is your fault Obama, plain and simple.

Just leave us alone.

Category: Cap and Trade, Lies, Taxes, tobacco Tags: Taxes Leave a Comment

Jul

Cap and Trade Tax, pt1

gryffn

NYC 1907

Ok, we all know that this Cap and Trade bill is a huge tax on electricity – don’t we? Its whole purpose is to raise the price of energy in the U.S. so much that it will reduce the use of fossil fuels by 17% by 2020 and by 83% by 2050 — to the level in 1907 when most folks still used horses and most did not even have electricity!

Yet Barack Obama calls it a jobs bill. He’s a magician performing slight of hand with words. He uses the words that we like to hear but it’s all a lie.

But it is no magic that will siphon your money right out of your pocket. And it will not create one single job — it will kill jobs!

The Charles River Associates, a Harvard based economics consulting firm, estimates a net loss of jobs from the bill of about 2.5 million each year.

All those soccer moms better get used to riding their horses to the grocery store and back. And their husbands better get used to working the farms again, by hand, as high cost energy will chase remaining American manufacturing out of the country to India and China, which do not suffer from Al Gore’s delusions about supposed global warming. –Spectator

You know how Obama and his spokespeople all blame Bush for the recession and deficits? Obama touted his new budget and how it would reduce the federal deficit in half in five years. This was passed by his Democrat Congress and what have they done to us?

This year’s deficit blows up to a record busting $1.8 trillion, four times bigger than Bush’s largest deficit, and seven times bigger than Reagan’s largest, and somehow it is all Bush’s fault. Bush is not spending all this money and raising taxes, now is he?

Obama was really good with his campaign promises. No new taxes – except for cigarettes, except for electricity, and except for that %25 VAT tax on everything to pay for his delusions.

He already promised to raise the top two income tax rates by over 10%, the capital gains tax rate by 33%, and the tax rate on dividends by 33%, and forget about inheriting anything from Aunt Molly. Obama will take 45% of that! He said so.

Think about it. How will you live?

His tax cut for 95% of Americans turned out to be a puny $400 per worker tax credit that is phased out after next year, when his tax increases take effect. Then what? Is this what you voted for?

During the campaign, Obama also pledged that he would never raise taxes in any form on Americans making less than $250,000 per year. But his cap and trade tax is estimated to cost American families almost $2,000 a year when it becomes effective, growing to almost $7,000 a year for a family of four by 2035. That will be paid through higher prices for electricity, oil, gasoline, natural gas, home heating oil, coal, food, and every product that is produced or transported using energy. Remember: when the first President Bush violated his oft-repeated campaign pledge not to raise taxes, voters booted him out in the next election.

Do the same here starting with every Democrat in 2010!

Category: Cap and Trade, VAT, tobacco Leave a Comment

Jul

No New Taxes! Yeah, Right.

gryffn

Remember this line? Read My Lips, No New Taxes!

That was Bush41 and it cost him a second term.

Well, guess what? There’s a guy named Obama who said this: if you make less than $250,000 your taxes will not go up. Not one dime." Nevermind that the figure changed to $200,00 and then to $150,000.

The point is, that you already have new taxes (cigarettes that hit the poorest sector) and a whole bunch to come. They cannot be called "taxes" but are you that dumb to let him get away with that obvious ploy? If it costs you more money than it did 6 months ago, it’s a NEW TAX!!

That Cap and Trade is an innocuous name for a huge tax on electricity! One that could cost each American family $2000-$3000 per year. The law is the same as Al Gore’s BTU tax which was the centerpiece of Clinton’s 1993 tax program. Eventually, Clinton replaced it with a flat 5 cent gasoline tax. But the idea of taxing utility bills to drive down electricity use is as old as the Clinton Administration and just as stupid. But Obama can’t call it a tax because that would break his pledge. So he calls it cap and trade instead.

Then we have the brilliant ideas of taxing gassy cows and a 25% value-added-tax on everything. Um, didn’t he say no new taxes for 95% of us? Liar, liar, pants on fire.

To pay for his health care lunacy that England and Canada have already warned us against, Obama will likely make all health insurance premiums, paid by employers, taxable to the employees. This idea he crucified John McCain for but at least McCain was planning on giving each person $5000 to pay for the insurance!

Finally, it is obvious that Obama will be unable to restore financial solvency to Social Security and Medicare without big hikes in the payroll tax, coming in 2011!

It is ultimately these tax increases which will drive Obama’s congressional majority from office in the 2010 elections. His stimulus package, raising the deficit damaged the recovery by raising interest rates. Now he will complete the catastrophe by raising taxes. Together, these tax hikes and interest rate increases will choke off any recovery the business cycle would naturally catalyze.

From now on, its Obama’s recession.
–Dick Morris