Category Archives: Taxation

Soak The Rich? How About ‘Drench Almost Every American Family’

Barack Obama, Business, Capitalism, Economy, Taxation

Most Americans own shares in major American companies, often through pension funds. “According to the Investment Company Institute,” reports the WSJ, “about 51% of adults own stock directly or through mutual funds, which is more than 100 million shareholders.” However, come 2013, the malevolent freak who inhabits the White House intends to “triple the tax rate on corporate dividends,” hurting these Americans (most of us). The “new dividend tax rate in 2013 would be 44.8%—nearly three times today’s 15% rate.”

…retirees and near-retirees who depend on dividend income would be hit especially hard. Almost three of four dividend payments go to those over the age of 55, and more than half go to those older than 65, according to IRS data. But all American shareholders would lose. Higher dividend and capital gains taxes make stocks less valuable.

Money: Mitt’s Mark of Cain

Individual Rights, Left-Liberalism And Progressivisim, Morality, Private Property, Socialism, Taxation

Mitt Romney is a marked man in socialist-minded America. Over the past two years, he paid a “mere” 15 percent on $42.7 million, “because his income was derived almost entirely from capital gains and dividends from his extensive portfolio of investments.”

Of this $42.5 million fortune made over the past two years, seven million was given to charity. More than Mitt paid in taxes. Of that generosity mainstream morons disapprove because Romney’s charities tend to be Mormon related.

Contrast Mr. and Mrs. Romney to the miserly Joe Biden and his lefty wife. The latter gave between 0.1% and 0.3% of their income to charity. Not exactly the two tithes the Romneys spare for the poor.

There is a lot wrong with Mitt’s political philosophy. There is not a lot wrong with Mitt the Man.

UPDATED: Bitch Pitch (Orgasmic Oracles)

Business, Capitalism, Elections, General, Left-Liberalism And Progressivisim, Media, Taxation

In anticipation of their president’s performance tonight, the pitches for BHO coming from likes of CNN’s Suzanne Malveaux and her colleague Jessica Yellin reached a crescendo today. Yellin was yelling about her man’s achievements, no less. After all, the economy looks good through the eyes of a sinecured CNN, left-liberal correspondent.

Malveaux sought out a professor who was able to smuggle into his conversation about problem solving a word about different presidential cognitive styles. Hint: Obama, aka “You Can’t Fix Stupid,” was “professorial,” deliberate, thoughtful. Bush, an equal-offender moron, was an impetuous Decider.

Malveaux set the scene for questioning a tax expert about Mitt’s money by framing the discussion thus: “He [Romney] hasn’t done anything illegal, has he?”, the link between having money and criminality having been established.

To be charitable, these bimbos are so dim, they operate hormonally, on a subconscious level. They know not what they do, although forgive them you should not.

UPDATE: Just heard Jessica (I don’t watch CNN, John; I listen to it while doing chores). Made a point of not watching her act all in heat. What has excited Yellin so? The president is going to present a “vision” for the nation, she tells us. He will pose a question [to the same stupid people who cannot read his previous, almost-identical SOTU]: What kind of America do you want? One in which rich people [many of whom were once poor] rob the poor, or one in which each has a fair shot? Here Jess cracked a greedy, goulash smile, for (and I’m paraphrasing), as she added, while prez will not point fingers, you will KNOW exactly to whom he is referring.

UPDATED: Workers Vs. Voters (Parasites Looking for a Host)

Democracy, Elections, Labor, Left-Liberalism And Progressivisim, Taxation, The State, Welfare

About the New Deal, H.L. Mencken quipped that it divided America into “those who work for a living and those who vote for a living.”

TIME magazine has chosen its archetype hero. He is the voter, not the worker, also known as that habitual “Protester.” The Protester sticks around for lack of anything else to do.

No wonder Tea Party America failed to make it into TIME’s pantheon of protesters. These middle-class, upstanding folks returned to “petty” duties like jobs, families and other such unworldly, provincial preoccupations.

Or in Barack Obama speak: Back they went to their guns, bibles, and bigotries.

Workers unite! You who bear the burden of taxes, unshakable yourselves. Break free from the chains with which the moochers and looters seek to imprison you (using the power of the state, naturally).

UPDATE (Dec. 25): The professional voters cost the professional workers a whole lot:

Los Angeles City Atty. Carmen Trutanich is considering a lawsuit against Occupy L.A. protesters to reimburse the city for damage caused during the occupation of the City Hall lawn. The two-month encampment cost the city at least $2.35 million, not counting repairs to the lawn and fountain outside City Hall, according to a report issued Friday.
Much of that cost — more than $1.7 million — will be added to the growing pool of red ink in this year’s city budget. The Occupy bills will increase an anticipated $72-million shortfall over the next six months, City Administrative Officer Miguel Santana said.

(LA Times)

The AG doesn’t say who she will sue and how. Parasites are like a big amorphous amoeba. This single-celled organism acts in unison because it’s so unevolved. Occupy L.A. is flopping about looking for a viable host.

Merry Xmas.
ilana