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Lord Nazh claims he quit blogging at least for now...read here
| Thursday, March 27, 2008 |
| Tax THEN Spend |
A great look at Democratic policies at work (or liberal policies if you want to get 100% accurate): The Chicago Sun-Times really pulled a whopper in their March 26th piece about a tax on bottled water that the Chicago City Council passed earlier this year. Chicago levied a 5 cent a bottle tax on each unit of bottled water sold in the city expecting to raise $875,000 a month on the tax. But somehow this windfall to the city has yet to be realized with the tax booty so far only amounting to $554,000. Because of this "below expected" revenue the Sun-Times claimed that this shortfall is "exacerbating a budget crunch" for the city. I'm sorry Sun-Times but a tax shortfall isn't "exacerbating a budget crunch." The city itself is doing the "exacerbating" not the taxpayers. The City Council created a never before heard of tax and then spent the money it assumed it'd get. But then it didn't get it. How can we blame the taxpayers who avoided the tax -- legally avoided it, I might add -- for any "budget crunch"? The budget crunch is the fault of wild spending by the Chicago City Council, not by the taxpayers not being bled enough. NewsBusters Click through and read the rest; it's enough to make you wonder (unless of course you believe in the power of the almighty government, then you'll simply wonder at the evil!! of the tax-payers that didn't buy the water).
Labels: democrats, taxes |
 posted by Lord Nazh @ 23:06 | View blog reactions |
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| Thursday, March 13, 2008 |
| Taxes |
In a totally surprising move, Congress today showed that when W leaves they will raise our taxes enormously (/sarc).
Both the House and the Senate basically are telling the American people that no matter what you think of your current situation (or what the media tells you to think of it), just wait a little bit and it will get worse.
The Democrats promise to get the books back in the black while making each and every American pay more (the Senate wants some to pay more, and some not) while also raising unemployment and inflation. (ok I made the last part up, but if you take a slowing economy and jump taxes on it, guess what will happen) Of course these votes didn't actually mean anything, they were simply political in nature (which is actually the best kind of votes for us little people; the less that Congress of either stripe actually passes, the better).
The one bill that would have been great for the public probably won't pass however, the earmark one-year ban looks like it will die an agonizing death (hopefully they'll surprise me on that one). Why can't they simply take money from the people that keep bitching that taxes are too low? Do these people not realize that they can simply pay more? Maybe they should try that route.
Went out and played a round of golf today, first time in a couple years that I've been able to get out there. I won't put my score in here so I don't upset anyone (me), but it was fun and hopefully with me living in Decatur, I can do it more often. I need to light a fire under my co-bloggers to get more copy out here, but what can you do :)
Yahoo
tag: taxes, Congress, budget, , earmarks, politics, Verlin Martin, Lord NazhLabels: congress, democrats, politics, taxes |
| posted by Lord Nazh @ 20:31 | View blog reactions |
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| Sunday, November 25, 2007 |
| Fred on taxes |
WASHINGTON - Republican presidential hopeful Fred Thompson proposed an income tax plan Sunday that would allow Americans to choose a simplified system with only two rates: 10 percent and 25 percent. Thompson's proposal, announced on "Fox News Sunday," would allow filers to remain under the current, complex tax code or use the flat tax rates. Asked whether the plan would cut too deeply into federal revenues, the former Tennessee senator and actor said experts "always overestimate the losses to the government" when taxes are cut. "We've known for years any time we have lowered taxes and any time we've lowered tax rates, we've seen growth in the economy," Thompson said. Thompson added that money would be saved by his Social Security reform plan. He proposed that workers younger than 58 receive smaller monthly Social Security checks than they are now promised. Individuals could contribute 2 percent of their paycheck to a personal retirement account, an amount that would be matched by the Social Security trust fund. [link]
Some solid policy speak from Fred. Hopefully this will get his campaign back on track in time for the upcoming votes. I'll vote for the Republican nominee, but I'd feel much better if that was Fred :)
tag: Fred Thompson, taxes, policy, presidential election, republican, republican primaries, Blogpower, Lord NazhLabels: policy, Presidential campaign, taxes |
| posted by Lord Nazh @ 20:53 | View blog reactions |
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| Friday, December 15, 2006 |
| Taxes and Poverty |
Just read a very interesting piece over at the QandO blog. Basically it dissects a study that shows poverty grows in relation to government spending and taxation (what every fiscal conservative know/believes).
Poverty, taxation, government and the economy
Posted by: McQ on Friday, December 15, 2006
The Goldwater Institute just did a very interesting study (pdf) concerning poverty, taxes and government spending. It's conclusions seem to validate classical liberal economic theory concerning the best way to address poverty.
It measured overall poverty and childhood poverty in all 50 states and any reduction or gains within those two categories when compared to the national average between 1990 and 2000. Their findings: (link) Follow the link and read the whole post (and the comments). It is a very good post (and you need to see the study itself too) and points out things that seem very obvious to some and extremely far away to others. To me it seems simple, but I'll let you judge it on your own and make your own opinion of it.
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Reason to think
Labels: conservative, economy, poverty, taxes |
| posted by Lord Nazh @ 20:04 | View blog reactions |
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