Submitted by: Donald Hank
Manufacturing shrinks just as Obama planned!
http://www.reuters.com/article/2012/07/02/usa-economy-idUSL2E8I24JG20120702
Tuesday, July 3, 2012
SILVER STATE CONFIDENTIAL 07/03/2012
EVERYTHING’S ON THE TABLE? REALLY?
As you probably read, Nevada Assembly Democrats rolled out their latest economic recovery plan last week which was short on…well, everything – including new ideas and specifics. But during the announcement dog-and-pony show, Assembly Speaker-in-Waiting Marcus Conklin had the following to say:
“From a revenue standpoint, everything needs to be on the table.”
This simple statement reveals exactly why getting anything of substance done in Carson City to fix the budget problem is such a problem - at least as long as Democrat leaders like Conklin control the Assembly agenda, and individual Democrat legislators continue to vote in partisan lockstep fashion with those leaders.
Let’s start with the first part: “From a revenue standpoint…”
From a REVENUE standpoint.
TAXES WITHIN OBAMACARE IN ADDITION TO A $500 MILLION MEDICARE CUT!
Submitted by: Lady E
You didn't think Obamacare was free, did you?
Here are some of the new taxes you're going to have to pay to pay for Obamacare:
A 3.8% surtax on "investment income" when your adjusted gross income is more than $200,000 ($250,000 for joint-filers). What is "investment income?" Dividends, interest, rent, capital gains, annuities, house sales, partnerships, etc. Taxes on dividends will rise from 15% to 18.8%--if Congress extends the Bush tax cuts. If Congress does not extend the Bush tax cuts, taxes on dividends will rise from 15% to a shocking 43.8%. (WSJ)
A 0.9% surtax on Medicare taxes for those making $200,000 or more ($250,000 joint). You already pay Medicare tax of 1.45%, and your employer pays another 1.45% for you (unless you're self-employed, in which case you pay the whole 2.9% yourself). Next year, your Medicare bill will be 2.35%. (WSJ)
You didn't think Obamacare was free, did you?
Here are some of the new taxes you're going to have to pay to pay for Obamacare:
A 3.8% surtax on "investment income" when your adjusted gross income is more than $200,000 ($250,000 for joint-filers). What is "investment income?" Dividends, interest, rent, capital gains, annuities, house sales, partnerships, etc. Taxes on dividends will rise from 15% to 18.8%--if Congress extends the Bush tax cuts. If Congress does not extend the Bush tax cuts, taxes on dividends will rise from 15% to a shocking 43.8%. (WSJ)
A 0.9% surtax on Medicare taxes for those making $200,000 or more ($250,000 joint). You already pay Medicare tax of 1.45%, and your employer pays another 1.45% for you (unless you're self-employed, in which case you pay the whole 2.9% yourself). Next year, your Medicare bill will be 2.35%. (WSJ)
POLITICAL DIGEST 07/03/2012 CONSERVATIVE
If I had a son…
Cartoon.
Worth Reading: Good News — What Good News? By Victor Davis Hanson
Excerpt: I have a confession to make: I don’t quite understand the jubilation among the conservative-Republican forces during the last two months of the Obama crack-up, and here, unfortunately, is why: 1. The so-called Obama crash. I believe that Obamism — 41 months over 8% plus unemployment, anemic GDP growth, serial $1 trillion deficits, unsustainable rates of new aggregate debt, the takeover of health care, record numbers on unemployment insurance and food stamps — is not only strangling the country, but in the long run will be seen as such by most Americans. (Well, on the plus side, I get to say, “I told you so in 2008” a lot. ~Bob.
“Once corrupt.” Too funny. Like saying the “once-corrupt Chicago Democrat machine.” ~Bob. Excerpt: Enrique Peña Nieto, a dynamic, crowd-pleasing politician and the new face of a once-corrupt political party, was elected president of Mexico on Sunday by a wide margin, according to exit polls by the country’s major media outlets. Peña Nieto and his Institutional Revolutionary Party (PRI), which lost power in 2000 after more than 70 years as the “perfect dictatorship,” performed a remarkable act of political rehabilitation, convincing voters tired of drug violence and slow economic growth that the 45-year-old former governor could make Mexico more prosperous, more secure and more fair.
ALLIANCE ALERTS 07/02/2012
Featured - Monday, July 2, 2012
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POLITICAL DIGEST 07/02/2012 CONSERVATIVE
Best older posts for new blog readers
Conservatives’ consolation prize. By George Will
Excerpt: Conservatives won a substantial victory Thursday. The physics of American politics — actions provoking reactions — continues to move the crucial debate, about the nature of the American regime, toward conservatism. Chief Justice John G. Roberts Jr. has served this cause.
Worth Reading: The Healthcare Myths We Must Confront. By Cliff Asness
Excerpt: The Court found a convoluted way to uphold the law. That’s done, but the debate on whether ObamaCare’s provisions are good ideas will continue. To date, this debate has been unable to shake off a lot of mythology—things believed about healthcare and our healthcare system in general, or ObamaCare specifically—that simply are not so.
Why John Roberts is Mitt Romney's Secret Weapon. By John McCullough
Excerpt: I would caution my fellow conservatives on the frustration they may be enticed to express at Supreme Court Chief Justice John Roberts. It is unwarranted, and it is unwise. The reason I state such is that it is my firm belief that the Roberts' decision on the Obamacare mandate will without question bring about ultimate doom to the government control of healthcare, and through the best means possible--not judicial activism--but through the democratic process. (I love this and only pray it's actually right on the money. --Del)
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