The Final Minority Report

Because Even Minorities Oppose Liberalism & Statism

Obama’s Supporters Surprised He’s a Class Warrior (duh)

So…those who voted for (D) during the 2008 Presidential race were voting for a Dumbass?

Among those affected by such changes would be some of Mr Obama’s most powerful supporters in the election, such as Eric Schmidt, Google’s CEO, and other “Silicon Valley” executives whose profits are mostly made abroad. They were taken aback when the President blasting companies for “shirking” their responsibilities by avoiding tax.

New York Democratic congressman Joseph Crowley said closing the loophole would hurt Citigroup Inc., his New York district’s largest employer.

It has also dawned on wealthy Americans who flocked to the Obama campaign of “Hope” and “Change” that the president opposes the “trickle down” theories that have guided US economics since President Ronald Reagan was elected with a mandate to slash taxes.

He warned that by the time he was done with them, Silicon Valley and Wall Street would remain large parts of the US economy, but not “half of our economy”.

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05/10/2009 Posted by | Disenfranchise Voters, Former Obama Supporters, Free Market Economics, Government Debt, Health Care, Liberal Business, Neutral Govt, Obama - Domestic Policy, Obama - Spending Bills, Obama - Stimulus Bill, Obama Budget, Obey Obama, Redistribution of Wealth, socialized medicine, tax cheats, Tax Cuts, Teleprompter, Useful Idiots | Leave a comment

How Does Your State Compare in National Tax Rates?

Comparing tax rates across the US since 1978!

August 7, 2008
State and Local Tax Burdens: All States, One Year, 1977-2008

About Tax Burden Data
People often ask how Tax Foundation rankings of state-local tax burdens compare to Census data, which include two popular state-by-state rankings. One of these popular Census tables covers only state-level taxes (click here to view tables). Local taxes are excluded, such as property taxes and local sales taxes. This exclusion allows Census to report up-to-date state-level collections, which would be impossible if Census waited for the time-consuming tally of tax collections by thousands of local governments. However, some states accomplish at the local level what other states accomplish at the state level, so a degree of comparability is lost as a result. For example, New York’s state sales tax rate is 4 percent, and its counties have local sales tax rates that range from 3 percent to 5.75 percent. Connecticut, on the other had, has a 6 percent state-level sales tax with no local add-ons. In a ranking that includes only state-level taxes, New York appears less taxed than it actually is, and Connecticut appears more taxed. Census also ranks combined state-local tax collections after it has amassed the local data (click here to view tables). This is closer to the Tax Foundation rankings, which take the additional steps of projecting collections into the current year, counting out-of-state tax payments in the state of residence instead of the state of collection, and dividing total tax payments by total income to calculate the “tax burden.”

05/10/2009 Posted by | Government Debt, Immigration, Liberal Business, Redistribution of Wealth, Tax Cuts | | Leave a comment

Shattered Dreams of a Middle-Class Tax Cut

Wishful hoping in a middle-class tax cut.

03/28/2009 Posted by | Obama - Spending Bills, Obama - Stimulus Bill, Tax Cuts | | Leave a comment