Archive for the ‘taxes’ Category

Obama Hasn’t Noticed People Leaving California and New York?

May 20, 2009

Taxes, fees, too much regulation, and a “hostile business environment” are reasons cited by people leaving California and New York.

Much of the media covering this story has a liberal bias so ground truth is difficult to find.

But here is a snip from the Orange County (CA) Register last April:

Attendees heard from more than a dozen businesspeople who complained of high workman’s compensation insurance, “predatory” regulators, an unfriendly business climate, a “never ending paper trail of business forms,” exorbitant utility expenses, fees, taxes, quality of life and overpriced overhead.

Randy York said he moved his polyurethane manufacturing business from Huntington Beach to Reno, Nev. in 1987 because he was tired of being “hammered” with regulatory fees from the fire department, the health department, the state Environmental Protection Agency, the California Division of Occupational Safety and Health and the South Coast Air Quality Management District.

He said it got to the point where he was paying $2,000 or $3,000 a quarter on fees – for company of 20 employees.

            “They were killing us with fees,” he said. “Fees, fees, fees.”

See:
http://www.ocregister.com/articles/ca
lifornia-business-fees-2375002-nevada-company

Pollster Pat Goodall says 3,000 people leave California every week: mostly because of taxes and fees.

In New York, the situation is similar.

Some economists say high income New Yorkers are leaving the state faster than those fleeing California.  At least in California, one has the Pacific Ocean…..

Here’s what Donald Trump told Neil Cavuto in April:

“The fact is that the state of New York did something very, very foolish, and they passed a tax, an income tax, and increased it very substantially from what it was.And I believe that’s going to be a total disaster for the state. …You’re talking about millions and millions of dollars for some people that really have other options, Neil. They can move to other states. You take a state like Florida, run by a governor, Charlie Crist, who is a terrific governor, and who is very, very cherishing of his no income tax.So, you know, I make a lot of money outside of New York State, as an example. And I’m saying to myself, wait a minute. For the privilege of living in New York, I am supposed to pay tens of millions of dollars in extra taxes? It doesn’t make sense.”

http://www.foxnews.com/story/0,2933,513027,00.html
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At the national level, Obama seems unknowing or uncaring.  His proposal to cut “loopholes” for businesses operating on foreign shores and in “tax havens” ignores the natural fact of economics (and life) that businesses will migrate toward the places that offer the best bottom line….People too…..

http://michellemalkin.com/2009/0
5/20/billionaire-to-new-york-screw-you/

Related:
Calif, NY, NJ: Highest Taxes But “Fiscal Basket Cases;” People Moving Out

 

Donald Trump holds a driver. He’s building his golf course in Scotland where it isn’t as expensive….as New York….Photo: AP

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Calif Voters Order Govt Pay Cuts; No New Taxes, Gov Starts Slashing Budget, Services

May 20, 2009

Since Governor Arnold Schwarzenegger went to the State House in Sacramento, 50,000 new government workers have been hired by the state and the state budget has exploded.

Yesterday, California voters said enough: rejecting measures to borrow and calling for budget cuts.

Barack Obama, Nancy Pelosi and Harry Reid should take note….

According to the L.A. Times, Schwarzenegger has called for cuts that would hit every corner of the state. He announced plans to lay off 5,000 of the state’s 235,000 workers and has proposed slashing education by up to $5 billion, selling state properties, borrowing $2 billion from local governments and potentially reducing eligibility for healthcare programs.
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“I respect the will of the people who are frustrated with the dysfunction in our budget system,” Schwarzenegger said in a statement from Washington conceding defeat. “In order to prevent a fiscal disaster, Democrats and Republicans must collaborate and work together to address this shortfall.”
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California Governor Arnold Schwarzenegger was dealt a crushing ...

California Governor Arnold Schwarzenegger was dealt a crushing defeat as voters rejected a series of ballot initiatives designed to help plug the state’s spiraling budget deficit.

(AFP/Getty Images/Kevin Winter)

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Only salary curbs survive in a rout of Schwarzenegger’s slate of reforms
By Eric Bailey
The Los Angeles Times
May 20, 2009
Reporting from Sacramento — The “big five” elected leaders — Schwarzenegger and the legislative chieftains from both houses — are slated to begin closed-door meetings today upon the governor’s return from Washington, where he spent election day after casting a last-minute absentee ballot.

On Thursday a small group of Senate and Assembly members will hold the first of what’s expected to be a slew of daily public sessions to wrangle over the details of the budget.
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Schwarzenegger has called for cuts that would hit every corner of the state. He announced plans to lay off 5,000 of the state’s 235,000 workers and has proposed slashing education by up to $5 billion, selling state properties, borrowing $2 billion from local governments and potentially reducing eligibility for healthcare programs.

Los Angeles Mayor Antonio Villaraigosa predicted that the city’s budget could take a hit — but he vowed a fight: “I’m going to do everything I can to protect the city coffers.”

Worst-case scenarios also call for the release from state prisons of up to 19,000 illegal immigrants, who would face deportation, and the transfer of up to 23,000 other prisoners to county jails.

Read the rest:
http://www.latimes.com/news/local/l
a-me-props20-2009may20,0,5134709.story

Michelle Malkin:
http://michellemalkin.com/2009/0
5/19/california-the-poster-child-for-dysfunction/

http://pajamasmedia.com/eddriscoll/20
09/05/20/california-voters-dont-just
-say-no-they-say-no-way/

Calif, NY, NJ: Highest Taxes But “Fiscal Basket Cases;” People Moving Out

May 19, 2009

Columnist and Wll Street Journal writer Steven Moore says New York, New Jersey and California have the nation’s highest tax rates but all three states are ‘fiscal basket cases.”

He said, “1,100 taxpayers leave each of these states every day never to return.”

Moore is the author of “The End of Prosperity.”

Related:
47 of 50 States Have Budget Shortfalls Cumulatively Totalling $300 Billion
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In Berry’s World Four Years Hence: China Will Be the Only Thriving Superpower
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Tea party? Calif Voters Likely to Pass Only One Resolution: Freeze Pay For Govt Work Force, No To New Taxes, Spending
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In Calif: Schwarzenegger Runs To See Obama as Voters Expected to Trash His Spend and Borrow Budget
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Angry California Votes On $15-21 Billion Deficit; Govt Employees Highest Paid, Gov Threatens to Close Fire Stations, State Already Gets Over $90 B of Stimulus

Michelle:
http://michellemalkin.com/2009/05/19
/california-the-poster-child-for-dysfunction/

Tea Party 2.0: Texas Gov Perry Urges More States to Resist Obama’s Washington

May 15, 2009

Republican Governor Rick Perry of Texas said Thursday that he expects to see a number of states follow his home state of Texas in pushing resolutions that will “assert their independence from the federal government.

From Politico

“If this administration gets its way, we’ll all be the same. We’ll all be the way Washington wants us to be,” Perry said on a call with Gov. Mark Sanford (R-S.C.) and roughly 20,000 callers sponsored by the Republican Governors Association, and billed as Tea Party 2.0.

Asked by a caller about his support for a Texas state House resolution reaffirming the state’s sovereignty under the tenth amendment, Perry said that the issue “goes right to the heart of what the tea parties are all about.”

“You are going to see more and more laws like that across the country where states assert their independence from the federal government,” he said on the call, which lasted for more than hour.

Read more: http://www.politico.com/new
s/stories/0509/22557.html#ixzz0FZ8gbXr8&B

Obama’s Spending, Debt, Taxes Will Lower America’s Standard of Living

May 14, 2009

Stuart Varney says, “America’s standard of living, especially for Middle Class America, is likely to stagnate or drop due to the Obama administration’s spending and debt.”

Varney is the British economic journalist, currently working for the Fox News Channel.

He said he expects taxes to go up to pay for all the spending and debt and anticipates a recovery.

But he has concerns that the recovery will not return average wage earners to the prosperity they once enjoyed due to new taxes and inflation…..

http://hotair.com/archives/2009/0
5/13/us-speeding-towards-financial-crash/

Obama at Albuquerque Town Hall Today: Likely To See Tea Party People Angry About Overspending

May 14, 2009

Many observers on the left and right alike do not support or even understand the tea party movement. While the Rio Grande Foundation was not involved in organizing the April 15th Albuquerque Tea Party we have been working closely with the leaders of the movement to transform it from an amorphous one-day protest event into a viable pro-taxpayer movement.

These ideologically-based observers have mistakenly focuses on taxation. The real genesis of the tea party movement was not taxes, but out-of-control spending and the debts we are leaving our children. If the left has a valid point about the tea parties, it is that they did not spring up under President Bush who massively expanded government and placed burdens on our children and grandchildren via policies like the Medicare Prescription Drug Bill and the Iraq War that we’ll be paying for long into the future.

But rather than admitting that we as a nation face dire fiscal issues and questioning the merits of trillions of dollars of bailouts (a policy begun under Bush but expanded under Obama), commentators have ignored this inconvenient truth (Republicans becease they don’t want to own up to the fact that they helped create them and Democrats because they want to ignor the issue now that they’re in power). Our nation’s massive debt and unfunded liabilities – at more than $65 trillion it now exceeds the GDP of the world – is conveniently ignored.

The tea party movement (at least in Albuquerque) is not simply a bunch of angry Republicans who don’t like Obama and understand their own self-interest. Rather, the tea party here was organized by average citizens who are terrified of what the government is doing to our economy. The fact is that America can’t live on borrowed money forever.

Many observers on the left and right alike do not support or even understand the tea party movement. While the Rio Grande Foundation was not involved in organizing the April 15th Albuquerque Tea Party we have been working closely with the leaders of the movement to transform it from an amorphous one-day protest event into a viable pro-taxpayer movement.

These ideologically-based observers have mistakenly focuses on taxation. The real genesis of the tea party movement was not taxes, but out-of-control spending and the debts we are leaving our children. If the left has a valid point about the tea parties, it is that they did not spring up under President Bush who massively expanded government and placed burdens on our children and grandchildren via policies like the Medicare Prescription Drug Bill and the Iraq War that we’ll be paying for long into the future.

But rather than admitting that we as a nation face dire fiscal issues and questioning the merits of trillions of dollars of bailouts (a policy begun under Bush but expanded under Obama), commentators have ignored this inconvenient truth (Republicans becease they don’t want to own up to the fact that they helped create them and Democrats because they want to ignor the issue now that they’re in power). Our nation’s massive debt and unfunded liabilities – at more than $65 trillion it now exceeds the GDP of the world – is conveniently ignored.

The tea party movement (at least in Albuquerque) is not simply a bunch of angry Republicans who don’t like Obama and understand their own self-interest. Rather, the tea party here was organized by average citizens who are terrified of what the government is doing to our economy. The fact is that America can’t live on borrowed money forever.

By Paul Gessing
Albuquerque Conservative Examiner

Related:
Governors of Texas, South Carolina to Host “Tea Party 2.0″ This Week

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ALBUQUERQUE, N.M. (AP) — New Mexicans will get to hear from President Barack Obama about his efforts to stop credit card companies from taking advantage of consumers when he makes a visit to the state for a town hall.

Obama is scheduled to arrive in Albuquerque aboard Air Force One late Wednesday. The town hall will be held at Rio Rancho High School on Thursday.

Obama has said he supports legislation that would prohibit arbitrary credit card rate hikes and make it harder for people under 21 to get a card. He has told Congress he wants a bill on his desk to sign by Memorial Day.

On Tuesday, Senate Democrats vowed not to back down to credit card companies as the banking industry warned that the proposed legislation would make it harder for responsible customers to get credit.

Obama’s visit will be his first to New Mexico since his election last fall. He handily won the state’s five electoral votes after making several stops during the campaign, including one in the waning days that drew tens of thousands of people to an outdoor rally in Albuquerque.

Read the rest:
http://finance.yahoo.com/news/Obam
a-to-hold-town-hall-at-apf-15233055.html?.v=1

Obama’s Careless Disregard for Law

May 14, 2009

Anyone, said T.S. Eliot, could carve a goose, were it not for the bones. And anyone could govern as boldly as his whims decreed, were it not for the skeletal structure that keeps civil society civil — the rule of law. The Obama administration is bold. It also is careless regarding constitutional values and is acquiring a tincture of lawlessness.

By George F. Will
The Washington Post

In February, California’s Democratic-controlled Legislature, faced with a $42 billion budget deficit, trimmed $74 million (1.4 percent) from one of the state’s fastest-growing programs, which provides care for low-income and incapacitated elderly people and which cost the state $5.42 billion last year. The Los Angeles Times reports that “loose oversight and bureaucratic inertia have allowed fraud to fester.”

But the Service Employees International Union collects nearly $5 million a month from 223,000 caregivers who are members. And the Obama administration has told California that unless the $74 million in cuts are rescinded, it will deny the state $6.8 billion in stimulus money.
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Such a federal ukase (the word derives from czarist Russia; how appropriate) to a state legislature is a sign of the administration’s dependency agenda — maximizing the number of people and institutions dependent on the federal government. For the first time, neither sales nor property nor income taxes are the largest source of money for state and local governments.

Read the rest:
http://www.washingtonpost.com/wp-dy
n/content/article/2009/05/13/AR2
009051303014.html?hpid=opinionsbox1

Obama Wants to Tax Smokes, Beer, Soda and Chips

May 13, 2009

Michelle Malkin called the Obama administration’s plan to tax soda pop, cigarettes, alcohol,and other “luxury” products a “regressive tax” which will hurt poor people.

She appeared on Neil Cavuto’s Fox News program on Wednesday…..

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If you make big bucks — or enjoy alcohol, cigarettes and Coke — the government might hit you up to pay for fixing the nation’s health care system.

On Tuesday, the Senate Finance Committee peeked into vending machines and liquor stores, company payrolls and health savings accounts, looking for a mix of tax increases and spending cuts as a way to pay for a health overhaul — which could cost more than $1.5 trillion over 10 years.

Experts thought the big debate might be public plan vs. no public plan. But that may well pale in comparison to the difficulty of settling on a way to finance health care reform.

“I wish there were a number of painless options,” Robert Greenstein, executive director of the Center on Budget and Policy Priorities, wrote in his prepared testimony. “There aren’t.”
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Read the rest:
http://www.politico.com/news/stor
ies/0509/22444.html

Conservatives Need To Recommit to Conservative Values

May 13, 2009

Republicans seem to be in a debate about what they believe in.  That is the issue.  Some person or persons will step forward to lead, we expect, from a pool to include the likes of Governors Charlie Crist in Florida, Rick Perry in Texas and lots of others great politicians and public servants.

The Rush, Cheney, Gingrich debate seems to be part of the process of re-discovering our values and roots….

Related:
Top Ten Reasons The Republican Party Will Recover

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Republican politicians have failed conservatives, the GOP itself and America. We’re heading down the tracks to socialism or worse, with the GOP as caboose.

Conservatives can share the blame, but not for reasons expressed by the liberal media aligned against us. Sadly, too many conservative leaders either blindly supported former President George W. Bush, Karl Rove and congressional Republicans or were silent as big-government politicians abandoned conservative principles and massively expanded government. Conservatism itself wasn’t the problem.

According to polling conducted by my friend Kellyanne Conway, the word “conservative” remains more popular than “liberal,” “Democrat,” or “Republican.” But if conservatives ever expect to come to political power in America again, it will only be because we, not GOP politicians, provide the primary opposition to President Obama and Pelosi Democrats.

Grass-roots conservatives provided the leadership ideas, work and money for the Reagan and Gingrich revolutions. In previous decades, we didn’t look to Republican politicians for leadership; we provided it.

Read the rest:
From Richard Viguerie
The Washington Times
http://www.washingtontimes.com/ne
ws/2009/may/13/conservative
s-need-to-lead-opposition-to-obama/

http://michellemalkin.com/2009/05
/12/hero-worship/

Top Ten Reasons The Republican Party Will Recover

May 13, 2009

Here’s our Peace and Freedom list of the top ten reasons to expect the Republican Party to make gains over the course of the next two to four years:

1)  The economy: Despite the huge spending measures already enacted by the Obama administration, including the stimulus and the many ‘bailouts,” the economy may not even start any really significant recovery until this time next year.  Voters are already tiring of the recession and showing discontent.

Related:
Bank of England: Recovery will be slow, starting next year
.
New Jobless Claims Rise More Than Expected, as 52,000 Auto Workers Become Unemployed

2)  Democratic leaders like Harry Reid, Nancy Pelosi, and John Murtha.  There is already rumbling that our Congressional leaders are disappointing voters.  Most polls rate congress very poorly even though some 60% like Obama.  Scandals, a lack of integrity and broken promises on transparency can add to the woes of Democrats easily over time.

Related:
Pushy Practices of Pelosi, Murtha Back To Haunt Them?
.
Democratic Party a “One Man Show” — After Obama, It’s a “Second-Division Ball Club”
.
Pelosi Vehemently Challenges CIA’s Account of Briefings To Her on Waterboarding; Agency “Lied to Congress”
.
“Democratic Party is Bought and Paid For By The Unions” Lawmaker Says

House Speaker Nancy Pelosi of Calif. gestures during a news ...

3)  National debt, deficit and spending.

Related:
America’s Ability To Borrow More Questioned, At Risk — Too Much Spending “Breaking the bank”?
.
What Did We Get for $180 Billion “Bailout”? AIG Still “Toxic”
.
One Hundred Billion Goes To IMF: Money U.S. Taxpayers Will Likely Never See Again
.
Obama’s Spending, Debt, Taxes Will Lower America’s Standard of Living

4)  Taxes.  Taxes will go up.  There is just no way to support all our current spending let alone the promises of overhauls to health care, education, and the environment without raising more money and that means raising taxes.

Related:
Taxes: People and Business Flee Higher Rates; Why Can’t Obama, Congress Get That?
.
Governors of Texas, South Carolina to Host “Tea Party 2.0″ This Week


Gov. Rick Perry, Texas
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5)  Unexpected world events.  Just as nobody could have predicted 9/11, there could well be an event as yet unknown that unfolds to change the game for everyone before long.  Just as Joe Biden predicted last year, this president will be tested….

Related:
Battles over energy may lead to wars, Russian strategists conclude

China’s Navy Grows and the World Watches Warily
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6)  Democratic Infighting.  This is the party that has, for a long time, been unable to get along with itself, for too long, before all hell breaks loose….

7)  Inflation.  With all the borrowing of the federal government, inflation is indeed likely.  Nobody will like that one bit.  Which will hurt incumbents….

8)  Loss of buying power and credit.  Obama’s current campaign to rein in the credit card companies is admirable but it may result in millions of people unable to get the credit they’ve grown used to….Expect retail sales to lag other indicators of recovery…..

Retail sales remain slow in April:
http://finance.yahoo.com/news/Reta
il-sales-drop-apf-15227744.html?.v=3

9)  Broken Promises.  “Green jobs” won’t be as numerous or high paying as once promised and work for good jobs will dry up as GM and Chrysler and others move more jobs overseas….The health care overhaul may actually harm enough people that there could be a backlash that wants to punish lawmakers…

Related:
Latest News On Social Security, Medicare, Debt Show Inability of Government To Make Accurate Financial Predictions
.
Obama, Daschle and Socialized Medicine: Care of GE
.
Fiat threatens to walk away from Chrysler deal unless unions agree to concessions

10) Desire for Change/Hope (The Pendulum): In our American system, the pendulum has been swinging to and fro; from Republicans to Democrats and back again for almost all of time.  People will tire of our current way of doing business and even the euphoria over Obama will wane.

Related:
Republican Party Dead? Hardly. Polls Show Erosion and Doubt in Democratic Advantage

Bonus:

11) Traditional Republican Discipline.  The Republicans in general have traditionally shown much more discipline and togetherness than Democrats.  The current squabbling over Cheney, Powell, Gingrich, Rush et al can be expected to wind down as elections near.

12)  The law of unintended consequences.  President Obama has changed so much, so aggressively, so often, so soon in his presidency that the effort is unprecedented.  But this could mean that there is trouble lurking that has not been foreseen.  And we know how well our government foresees things: like the current recession….

13)  Bad Obama planning and staff work.  Nobody had time to read the stimulus?  This will come back to hurt the president and the Democrats in Congress.  Many other examples of stupidity an ineptitude come to mind…..

14)  The “Tea Parties.”  “The real genesis of the tea party movement was not taxes, but out-of-control spending and the debts we are leaving our children,” wrote Paul Gessing in the Albuquerque Conservative Examiner.  “The tea party movement (at least in Albuquerque) is not simply a bunch of angry Republicans who don’t like Obama and understand their own self-interest. Rather, the tea party here was organized by average citizens who are terrified of what the government is doing to our economy. The fact is that America can’t live on borrowed money forever.”  The fact that people are taking to the streets — people who are both Democrats and republicans — is unprecedented.John E. Carey
Peace and Freedom
In this photograph released by the White House, Air Force One ...

 

Related:
Republicans Determined to Lose?
.
Obama Backs Off Promise to Release Abuse Photos
.
If you had told me some of these Obama stories three months ago I would have said “impossible!”
.
Obama’s Dumb Moves Getting More Difficult to Ignore? On Friday Mainstream Media Realizes Monday’s Cabinet Meeting Was Laughable, Really

Conservatives Need To Recommit to Conservative Values

Michelle Malkin:
http://michellemalkin.com/2009/05/1
3/big-labors-investment-in-obama-pays-off/

http://hotair.com/archives/2009/05/13/
stupid-rnc-to-pass-resolution-rebrand
ing-democrats-the-democrat-socialist-party/