Tuesday, April 20, 2010

Obama to deliver Eulogy...

This Sunday, President Obama will be delivering the Eulogy at the memorial service for the 29 miners who died in an explosion in West Virginia. Not sure what they were thinking when they asked the world's most arrogant narcissist to express his "deepest condolences" and to honor those who died. Maybe Obama will have the eulogy written for him, and stick to his beloved teleprompter. But, if he decides to express his own sentiments, we can be sure it will quickly become a campaign speech. I am truly interested to hear if Obama can actually feign sympathy for this speech. I guess we'll see soon enough.

Thursday, April 15, 2010

Tax Day: A History Lesson

April 15th. A day that most Americans would like to skip. Time to pay the government once again...and the government doesn't care whether you can afford it or not. Tax day wasn't always on April 15th in the United States. It used to be on March 15th. But so many Americans filed their taxes at the last minute and overwhelmed the IRS, that the decision was made to move it back one month and encourage Americans to file early. Yeah...didn't work. As soon as it was moved to April 15th, everyone relaxed for another month and just filed at the last minute again. 

The federal income tax first came into existence as an attempt to help fund the Civil war. The Union was able to raise 21% of war revenue from this tax. It would mark the first time personal income was taxed in this country, and it was, ironically, a fairly new idea borrowed from the British. It was meant to be a temporary/emergency tax, and it was repealed 10 years later when the government moved to a flat tax - which only lasted a year before it was ruled unconstitutional. 

In 1913, the 16th amendment to the constitution was ratified. It gave the government the permanent right to tax the income of citizens and businesses. It was passed under the guise of free-trade. The idea being that having income tax revenue would allow the government to reduce duties and tariffs, and encourage free trade. 1913 was also the year that the first form 1040 was created:

During World War II, the government started withholding taxes automatically out of paychecks, which increased revenue significantly. In 1913, the federal tax code (tax rules) was 400 pages long. In 1945, it had increased to 8200 pages. Today, the tax code exceeds 60,000 pages, and here is the current 1040 form:

The U.S. Government received $2.5+ trillion dollars in taxes for 2008. In regards to the portion from the individual income tax, the top 5% of earners pay 60% of the total. 

So there you have it - the history of tax day, in a nutshell. Some say to enjoy this day, because starting soon, the tax rate will rise, new taxes will be added, and we will look back on this year as the last year we paid low taxes. And to just say what you're all thinking -- if this is low, I'd hate to see high. But we can thank Obama, his administration, congress and all the idiots that support these criminals for the future tax hikes. There is no way to pay for Obamacare without hiking taxes and adding new ones such as the VAT. The only way to fund the deficit spending of the current regime is on the backs of the American people - and they won't flinch at making that decision. On this tax day, I will leave you with a poignant quote from Thomas Jefferson. I wonder if he knew how prophetic and applicable his words were as he penned them.
"We must not let our rulers load us with perpetual debt. We must make our selection between economy and liberty or profusion and servitude. If we run into such debts as that we must be taxed in our meat in our drink, in our necessities and comforts, in our labors and in our amusements, for our callings and our creeds...our people.. must come to labor sixteen hours in the twenty-four, give earnings of fifteen of these to the government for their debts and daily expenses; and the sixteenth being insufficient to afford us bread, we must live..  We have not time to think, no means of calling the mis-managers to account, but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow suffers.  Our landholders, too...retaining indeed the title and stewardship of estates called theirs, but held really in trust for the treasury, must...be contented with penury, obscurity and exile.. private fortunes are destroyed by public as well as by private extravagance.

This is the tendency of all human governments. A departure from principle becomes a precedent for a second; that second for a third; and so on, till the bulk of society is reduced to mere automatons of misery, to have no sensibilities left but for sinning and suffering... And the fore horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression."
Just remember, as you write your check today, sign your return, or smile over a refund...the amount that we are taxed is not something completely out of our control. Taxes are certain - definitely; but we can reign in the government, limit their reach, put fiscal conservatives in power, and leave more money in the pockets of American citizens. More money in our pockets equals a stronger economy. We need to get involved this year, and change government this November...and beyond. To paraphrase Reagan -- we must starve the beast (government), so it has no choice but to become smaller. If we feed the beast, it will only grow larger and require more and more from us. We can change things in this country - but we have to act. Grumbling as you write your check doesn't change anything.

Monday, April 5, 2010

What They Aren't Getting

I know the majority of people do not want Obamacare. I know that it's a bad idea for our country, and our individual health. But I think I need to clarify a point that I've heard people making regarding the "death panels". Even opponents of Obamacare say that the issue of death panels is really a non-issue, because they already exist in some form now. That assertion is correct - in our current system, health insurance companies look at situations and decide whether to cover treatments or not - so in certain instances, they could be making a life or death decision for someone. BUT, what no one seems to point out is that in the current system, if one's insurance company convenes a "death panel", they are only deciding whether to approve or deny payment for a procedure/treatment. They are not denying the patient access to the treatment altogether. They don't have the power to do that. If my insurance company said they wouldn't pay for something that I think I needed, I have the freedom in the current system to use my own money and go get the treatment on my own. Yes, I will have to pay for it, but if it really is important to me, then that's a choice I'll be willing to make.

Now fast forward to Obamacare death panels. Government run health care is just that - health care managed and run by the government - not just the payment side, but care in general. Under Obamacare, most private health care would be put out of business. In the fully-implemented plan, private health care practices would be illegal. So if you need a particular treatment, and a death panel is convened and they decide against it, you have no other recourse. To use your own money and seek treatment on your own would be illegal. The Obamacare death panels are not deciding whether or not to pay for something, but rather whether you will receive the treatment at all.

That should concern everyone. There may already be "death panels", but they do not do the same thing as they would under Obamacare at all. So please point that out to anyone who brings this up.