Showing posts with label tax cuts. Show all posts
Showing posts with label tax cuts. Show all posts

Friday, January 4, 2013

White House: Here's What's in the Taxpayer Relief Act of 2012



In this new White House White Board, Brian Deese, the Deputy Director of the National Economic Council, explains what the new agreement to extend tax cuts for the middle class means for the economy and how it met President Obama's key economic priorities.

Watch the White Board:


Wednesday, January 2, 2013

Want to Know More About the Tax Deal?



Last night, President Obama delivered a statement on the fiscal cliff, and the bipartisan agreement that has now passed in both the Senate and House of Representatives. The agreement keeps income taxes low for the middle class, and helps to grow the economy.

Watch the statement, and find out what you need to know about the deal.


Tuesday, January 1, 2013

Campaign for Liberty: Stop the Statists' Deal!


Dear friend of liberty,

The statists’ sweetheart “deal” rammed through the U.S. Senate at 2 a.m. this morning – while they thought absolutely no one was looking – is set to be voted on in the U.S. House at any minute.

That’s why it’s vital you call your Congressman, Rep. David Dreier, at (202) 225-2305 and DEMAND Rep. David Dreier vote no on this outrageous scheme IMMEDIATELY.

While you’re at it, call Speaker Boehner’s office at (202) 225-6205 and tell him to oppose this statist scheme.

Without your action, I’m afraid this radical “deal” will pass.

And here’s a brief description of what’s about to hit you and me . . .

It’s all taxes and virtually zero cuts.

In fact, it’s $41 in taxes for every $1 in cuts that likely will never come!  All in all, it’s over $600 BILLION in new taxes!

After all, according to the politicians, our nation’s $16.4 TRILLION debt has nothing to do with their spending, their irresponsibility, or their recklessness.

It’s your fault, they say. 

They just don’t have enough money, because the American people are so greedy, they want to keep the money they’ve rightly earned – instead of giving it to politicians to WASTE.

Of course, they tell you and me taxes are only supposed to go up on the evil “rich!”

The small business owners.  The job creators.

By engaging in class warfare, and convincing “average” folks you don’t have a stake in the fight.

Nothing could be a bigger LIE.  Any sane person understands just who is going to be paying the price for all the politicians’ madness and our skyrocketing debt.

It’s going to be you, me - and our children and grandchildren.

Future generations of Americans will pay the price with lost liberty and lost opportunity.

But the statists know this so-called “deal” to send taxes skyrocketing is a total affirmation of all their spending, all their government growth, all their assaults on our liberties, and all their bailouts, borrowing, and printing money out of thin air.

And should this “deal” pass, they’ll think they have a blank check to continue.

It’s up to you and me to stop them.  It’s up to you and me to fight back. 

That’s why it’s vital you call your Congressman, Rep. David Dreier, at (202) 225-2305 and DEMAND Rep. David Dreier vote no on this outrageous scheme IMMEDIATELY.

While you’re at it, call Speaker Boehner’s office at (202) 225-6205 and tell him to oppose this statist scheme.

Time is running out, so please act at once!

In Liberty,

John Tate
President

Source: C4L

Thursday, December 6, 2012

White House: Meet Tiffany

Over the last week we've asked you what $2,000 more in taxes would mean to you and your family, and we've already received more than 370,000 responses -- including one from Tiffany.

Today, President Obama will meet Tiffany and her family in their Northern Virginia home, where he'll talk more about why it is so important for Congress to pass the middle-class tax cuts before the end of the year, both for families like hers and our economy.

Meet Tiffany, and find out why $2,000 means so much to her family. 

Thursday, March 22, 2012

White House: We did the math


Every day, you and your family make choices about how you spend your money and what investments you make. Leaders in Congress do the same thing when they draw up their budgets for the country. And if you spend some time with their plans, you learn what they value, you see the type of country they want America to be.

So when Congressman Paul Ryan put out a new budget for the House Republicans this week, we spent some time with it. We took a careful look and did the math.

Here's what we learned.

Republicans in Washington want to give millionaires and billionaires an average tax break of at least $150,000. They want to pay for those tax cuts by slashing programs that create jobs and protect our children, our seniors, and the veterans who have fought for the country. They want to end Medicare as we know it. And they want to undercut our economic strength by rolling back key investments in education, research, and our nation's roads and bridges.

President Obama believes we need to live within our means and that's why he put forward a balanced plan that reduces the deficit by more than $4 trillion. But the plan put forward by the GOP fails that test of balance.

To show you what we mean, we've put together an infographic that breaks out the kinds of priorities we'd have to give up for the $150,000 tax break that Republicans want to give to the nation's millionaires and billionaires.

Check it out and forward this message to your friends.

The more people who share it, the more folks will understand what's at stake and how we can do better for the middle class.

Thanks,

David Plouffe
Senior Advisor to the President

Wednesday, February 15, 2012

Ron Paul Responds to Obama’s ‘Global Tax’

“Yet another example of this administration’s hostility toward liberty”
 
LAKE JACKSON, Texas–  Congressman and 2012 Republican Presidential candidate Ron Paul has issued a statement strongly condemning Gene Sperling’s call for a global minimum tax. Sperling is President Obama’s director of the National Economic Council. See comments below:
 
“Gene Sperling’s call for a global minimum tax is yet another example of this administration’s hostility toward liberty, as well as its ignorance of economics. A global minimum tax would logically require some sort of global IRS to ensure the tax was paid, and it would give the government even more excuses to invade our financial privacy.
 
“History shows that any time ‘minimum’ taxes are created, they do not remain minimum. Greedy politicians will eventually increase both the tax rate and the number of people subject to the tax.
 
“A global minimum tax will further cripple economic growth, as more money is sucked out of the productive sector to be wasted by politicians and government bureaucrats. The American people are already struggling under the burden of high taxes, high spending, and outrageous debt. They do not need new taxes imposed on business at the international level.
 
“Instead of trying to impose new global taxes, President Obama and Mr. Sperling should join me in supporting repealing all taxes on the repatriation of foreign capital. This would inject trillions of dollars into the American economy and help create new businesses and new jobs. Tax-free capital repatriation is a major part of my Plan to Restore America.
 
"I hope my four rivals for the presidency – Mitt Romney, Rick Santorum, Newt Gingrich, and President Obama himself – will join me in denouncing Mr. Sperling’s call for a global tax.”

Tuesday, February 14, 2012

White House: Here We Go Again

Good morning,
 
Do you remember the "40 dollars" stories back in December? Congress was about to let a tax cut for millions of middle class families expire.
 
Then you shared your stories. You talked about how a little extra money goes to help pay for medicine for a sick spouse, gas money to get to work, or school books for a child. Thousands of Americans from different circumstances all spoke out with the same voice, and it was undeniably powerful.
 
Congress extended the tax cut, along with unemployment insurance, but only for two months.
 
So here we are in mid-February, the deadline only a few days away. And once again, if Congress doesn't act, working families will receive about $40 less with each paycheck.
 
So help us to highlight again how Congress's inaction would affect everyday families outside of Washington.
 
Watch this message from the President. Then share your story.


And this time, we want to put a face to your voice. So take a minute to snap a photo. And if you can, show us what you'll have to give up without that extra money in your paycheck. We'll use images from Americans around the country on WhiteHouse.gov to show how the payroll tax cut helps real people.
 
Share your picture and story today:
 
 
Thanks,
David Plouffe
Senior Advisor to the President

Monday, January 9, 2012

LP Monday Message: Mitt Romney = Big Government

I ran for governor against Mitt Romney in 2002 in Massachusetts. I read his every press release, read every major newspaper article about him, and followed his every move throughout his governor campaign -- and in each of the four years he served as governor.
Mitt Romney IS Big Government -- to the core.
Which is why I nearly fell off my chair one day when I was asked by a libertarian, “Aren’t you glad to have Mitt Romney as your governor? He’s pretty libertarian, isn’t he?”
It is critical that voters know the truth about Big Government Mitt Romney. Please forward the below column to every voter you know who would consider voting for him.
Thank you for helping to set the record straight.
In liberty,
Carla Howell
Executive Director
Libertarian National Committee
Mitt Romney: Champion of Big Government
By Carla Howell
Is Mitt Romney the “economic conservative” he claims to be? Especially when it comes to tax and spend policies?
Now that he’s running for president, let’s compare his words with his deeds.
Taxes
Romney claims to be anti-tax. He even “took” a “no new taxes” pledge when he ran for Governor of Massachusetts in 2002. “Took” is in quotes because he refused to sign that pledge. His signature wasn’t necessary, he claimed. He assured us that he’s a man of his word.
But Mitt Romney has been a champion of new taxes.
Mitt Romney proposed three new taxes while campaigning for governor: a new tax on vehicles, a new tax on campaign donations, and a new tax on building construction. They didn’t get much fanfare in the media and were quickly forgotten.
Right before the 2002 election, he ran millions of dollars in ads portraying himself as a “no new taxes” governor. The media refused to set the record straight.
But that was only the beginning.
Each of the four years Romney served as governor, he raised taxes – while pretending he didn’t. He claims he only raised mandatory government “fees.” But government mandatory fees are nothing but taxes, and taxes are nothing but mandatory government fees. Romney’s new tax-fees raised hundreds of millions of dollars in new tax revenue for the state government every year.
In addition to scores of new tax-fees, Mitt Romney also increased several other taxes by:
-“closing loopholes” to enable collection of a new Internet sales tax
-passing legislation that enables local governments to raise Business Property Taxes
-enacting a new tax penalty that raises Income Taxes on both individuals and small businesses.
This, he claims, is not raising taxes.
I suppose you could say Romney merely enacted bills that force taxpayers to hand over billions of dollars – which end up in the coffers of the government.
Quacks like a tax increase?
In 2008, Romney boasted that he was the first presidential candidate to sign a “taxpayer protection pledge,” in which he promised to oppose “any and all efforts” to increase income taxes on people or businesses.
So he’ll call his tax increases “government fees” or “closing loopholes” or “penalties” or something else. But if Romney is president, the IRS will collect this money from you, your family, your friends, and millions of Americans just like you.
Government Spending
Mitt Romney claims to have cut the Massachusetts budget by “$2 billion.” Sometimes he claims he cut it “$3 billion.” The media gives him free advertising by parroting this myth repeatedly. They repeat it so often that even many fiscal conservatives and libertarians assume it must be true.
But these “cuts” were merely budget games. Spending cuts in one area were simply moved into another area of the budget.
In fact, not only did Mitt Romney refuse to cut the overall Massachusetts budget, he expanded it. Dramatically.
The Massachusetts state budget was $22.7 billion a year when he took office in January of 2003.
When he left office four years later, it was over $25.7 billion – plus another $2.2 billion in spending that the legislature took “off budget.” (Romney never reminds us of this fact.)
The net effect of budgets proposed and signed into law by Mitt Romney? An additional $5.2 billion in state spending – and a similar increase in new taxes. Every year.
He claims to have done a good job as governor of liberal Massachusetts in light of the fact that it’s a “tough state” for poor “conservatives” like him. He infers his hands were tied by the predominantly Democratic legislature.
But when it comes to tax and spend policies, he’s not only in lockstep with the Democrats. He leads the way.
Each of the four years Romney served as governor, he started budget negotiations by proposing an increase of about $1 billion in new government spending. Before the legislature even named a budget figure.
Romney initiated massive new spending – without any prodding.
The legislature responded with a handful of line item budget increases. Romney agreed to some of them and vetoed others. The media helped him out again by making fanfare of his vetoes and portraying him as tough on spending – after he had already given away the store!
The Romney-Kennedy Alliance
But his grande finale was the worst of all: RomneyCare, Mitt Romney’s version of socialized medicine.
By his own admission, he didn’t plan his socialized medicine scheme until after the 2002 election.
During Romney’s governor campaign, he convinced voters that his Democrat rival would be worse – because she would saddle us with socialist tax-and-spend policies, he said.
But soon after he was elected, Romney started the drumbeat for socialized medicine. Three years later, he signed RomneyCare into law.
Voters of Massachusetts did not vote for RomneyCare. Mitt Romney foisted the granddaddy of Big Government expansions upon them without warning. He championed it from the beginning. Again, without any prodding from his Democrat rivals.
When Romney ran for U.S. Senate in 1994, his campaign popularized the derogatory term “Kennedy country” to describe the devastating effects of Ted Kennedy’s “liberal social programs” on poor neighborhoods in Massachusetts.
Yet Mitt Romney stood proudly with Ted Kennedy while he signed RomneyCare into law.
Ted Kennedy has pushed for socialized medicine for decades. Romney fulfilled his dream. Kennedy lobbied the legislature hard to get Romney’s bill passed. It was a Romney-Kennedy alliance.
Welcome to Massachusetts: Romney-Kennedy country.
Romney’s socialized medicine law mandates everyone who doesn’t have insurance to buy it – or suffer income tax penalties. Both individuals and small businesses face steep fines if they refuse to give up their freedom to make their own health care choices. There’s yet another “off budget” Mitt Romney tax increase.
Romney’s mandate will cost individual taxpayers many thousands of dollars every year in health insurance premiums for unwanted policies – or force them to pay sizable tax penalties.
The total cost of RomneyCare in mandates and new spending? At least several billion dollars every year – to start. It will rise from there, as socialized medicine programs are wont to do.
Romney’s law went into full effect in 2009. It’s harmful effects were not felt  until after the 2008 presidential election was over. Romney’s time-release tax increase.
Romney’s Words Versus Romney’s Deeds
Smart moms tell their kids, “Believe none of what you hear and half of what you see.”
That advice saved me a lot of heartache. And it will do the same for anyone who is leaning towards voting for Mitt Romney.
Candidate Romney campaigns for president with the words we’re aching to hear. Words we want to believe. Candidate Romney tells us that he is a: 
“fiscal conservative”
“friend of small business”
“tax cutter”
“waste fighter”
“opponent of runaway spending”
“tough leader who vetoes new taxes and needless government spending”
Let’s follow Mom’s advice: ignore candidate Romney’s words. Look at elected Governor Romney’s deeds.
What does he do when he’s elected?
Mitt Romney hits up taxpayers with a variety of new taxes – while pretending he doesn’t.
Mitt Romney jacks up government spending as much as any Big Government Democrat would.

Mitt Romney champions massive Big Government Programs – that made Ted Kennedy proud.