Category: Taxs

03/25/05

A Breakdown - Proof Republicans do Hate Americans.

In the ever growing list of proof that Republicans do in fact hate Americans. The Democratic Senatorial Campaign Committee's Phil Singer wrote the following:

As Senate GOPers Up For Re-Election Vote Against Common Sense Efforts to Make Budget Better for Everyday Americans, Democrats Vow To Hold Them Accountable

The Democratic Senatorial Campaign Committee (DSCC) warned Senate Republicans today that votes they cast this week against initiatives intended to help America’s communities would come back to haunt them during the 2006 campaign.

Senate Republicans voted against a number of measures aimed at improving the federal budget for the upcoming fiscal year, including initiatives geared toward protecting Social Security, improving homeland security, increasing access to affordable prescription drugs and providing quality health care to veterans.

"Senators are defined by their voting record," DSCC Executive Director JB Poersch said. "Senators who vote against priorities like protecting Social Security benefits, making our neighborhoods safer, or providing veterans’ health care can rest assured that they will pay a price come election time. We guarantee it."

Republicans Say NO to Protecting Social Security Benefits: Allen, Burns, Chafee, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Talent and Thomas voted against a Resolution rejecting any Social Security plan that "requires deep benefit cuts or a massive increase in debt." [CQ, Vote #49, 3/15/05]

Republicans Say NO to First Responders:
Allen, Burns, DeWine, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Snowe, Talent and Thomas voted against $1.6 billion for first responder programs. [CQ, Vote 50, 3/15/05]

Republicans Say NO to Veterans Health Care: Allen, Burns, DeWine, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Snowe, Talent and Thomas Voted against $2.8 billion for veterans health care and $2.8 billion for deficit reduction. [CQ, Vote #55, 3/16/05]

Republicans Say NO to Keeping Medicaid Viable: Allen, Burns, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Talent and Thomas Voted Against Restoring $14 billion to Medicaid and Establishing a Bipartisan Medicaid Commission. [CQ, Vote #58, 3/17/05]

Republicans Say NO to America’s Homeland Security: Ensign, Frist, Hatch, Kyl, Lott, Santorum and Thomas voted against $855 million for Homeland Security Grants: first responder programs, port security grants and border patrol agents. [CQ, Vote #64, 3/17/05]

Republicans Say NO to America’s Communities: Allen, Burns, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Snowe, Talent and Thomas voted against restoring $1.9 billion in cuts to the Community Development Block Grant Program. [CQ, Vote #65, 3/17/05]

Republicans Say NO to Vocational Training: Allen, Burns, DeWine, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Snowe, Talent and Thomas voted against $7.46 billion for the Perkins Vocational and Technical Education Act and deficit reduction. [CQ, Vote #61, 3/17/05]

Republicans Say NO to Fiscal Sanity: Allen, Burns, DeWine, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Talent and Thomas Voted against restoring pay-as-you-go (PAYGO) rules. [CQ, Vote #53, 3/16/05]

Republicans Say NO to Protecting ANWR:
Allen, Burns, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Talent and Thomas voted against protecting the Arctic National Wildlife Refuge (ANWR) in Alaska from oil drilling. [CQ, Vote #52, 3/16/05]

Republicans Say NO to Keeping Amtrak Operating: Allen, Burns, DeWine, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Talent and Thomas voted against restoring $1.04 billion for Amtrak. [CQ, Vote #51, 3/16/05]

Republicans Say NO to America’s Schools: Allen, Burns, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Snowe, Talent and Thomas voted against $4.75 billion for education and $4.75 billion for deficit reduction. [CQ, Vote #45, 3/14/05]

Republicans Say NO to College Students: Allen, Burns, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Talent and Thomas voted against restoring $5.4 billion to education program cuts and increasing the maximum Pell Grant award to $4,500. [CQ, Vote #68, 3/17/05]

Republicans Say NO to Farmers:
Allen, Burns, Chafee, DeWine, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Snowe, Talent and Thomas voted against restoring $2.8 billion to agriculture programs. [CQ, Vote #69, 3/17/05]

Republicans Say NO to COPS: Allen, Burns, Chafee, DeWine, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Snowe, Talent and Thomas voted against increasing funding for the Office of Community Oriented Policing Services (COPS) by $1 billion and use $1 billion to reduce the deficit. [CQ, Vote #70, 3/17/05]

Republicans Say NO to America’s Highways: Allen, Burns, Chafee, DeWine, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Snowe, Talent and Thomas voted against increasing the budget authority for surface transportation projects. [CQ, Vote #71, 3/17/05]

Republicans Say NO to Teen Pregnancy Prevention: Allen, Burns, DeWine, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Talent and Thomas voted against a resolution supporting $1 billion for family planning programs, such as teen pregnancy prevention. [CQ, Vote #75, 3/17/05]

Republicans Say NO to Disclaimers on Fake News: Allen, Burns, Chafee, DeWine, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Snowe, Talent and Thomas voted against refusing to establish any appropriations bill that allows funds to be provided for "prepackaged news stories" that do not have a disclaimer stating "Paid for by the United States Government" running throughout the presentation. [CQ, Vote #77, 3/17/05]

Republicans Say NO to Special Education: Allen, Burns, DeWine, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Snowe, Talent and Thomas voted against a reserve fund that would provide $71.3 billion for special education programs under the Individuals with Disabilities Education Act. [CQ, Vote #79, 3/17/05]

Republicans Say NO to Advanced Technology: Allen, Burns, Chafee, DeWine, Ensign, Frist, Hatch, Hutchison, Kyl, Lott, Lugar, Santorum, Snowe, Talent and Thomas voted against making every effort to provide funding for the Advanced Technology Program. [CQ, Vote #80, 3/17/05]

03/14/05

Permalink Categories: Dumb Bush, Taxs   English (US)

Bush is presiding over a big middle-class tax hike.

Yes, he still hates Americans, I present to you as proof, this from the NY Times

President Bush is presiding over a big middle-class tax hike.

As recently as 2000, only about one million taxpayers owed the alternative minimum tax, created by a provision in the federal tax code that is supposed to prevent multimillionaires from using loopholes to avoid paying their fair share. But by the time Americans file their 2005 taxes, some 3 million taxpayers will owe the alternative tax and by 2010, nearly 30 million taxpayers will be hit - among them, a staggering 94 percent of married filers who have children and make $75,000 to $100,000.

Big families in high-tax states - New York, New Jersey, California and Massachusetts - will bear the heaviest burden, largely because the alternative tax increasingly disallows write-offs for dependents, state income taxes and local property taxes. On average, by 2010, people who make under $100,000 and owe the alternative tax will pay an additional $1,321 in federal income taxes, while alternative tax payers who make between $100,000 and $200,000 will owe an additional $2,592.

Meanwhile, and most outrageous, only 35 percent of taxpayers who earn $1 million or more will owe the alternative tax.

Why does the alternative tax increasingly afflict middle-rung taxpayers for whom it was never intended, while largely ignoring the highest-end taxpayers it is meant for?

First, the alternative tax is not adjusted for inflation, so over time, more and more middle-income taxpayers find themselves owing it.

Second, and crucially important, is the interplay of the alternative tax and Mr. Bush's first-term tax cuts. When the tax cuts were enacted, no long-term corresponding changes were made to the alternative tax system - even though the administration was well aware that was a recipe for disaster. Not only will many families that thought they were in for lower income taxes wind up feeling shortchanged, some will find that the Bush tax cuts have done nothing at all to cut their taxes.

Here's why: The alternative tax applies to people whose income tax bills are low relative to their income. So as tax cuts reduce the liability on a filer's Form 1040, the alternative tax kicks in. In effect, it claws back all or part of the supposed savings from the Bush tax cuts. By 2010, the Bush tax cuts alone will cause an additional 17 million taxpayers to owe the alternative tax. By 2014, assuming the Bush tax cuts are made permanent, 40 million taxpayers will owe the alternative tax, nearly half of whom would never have faced it but for the tax cuts.

Meanwhile, the people who should be paying the alternative tax do not. Mr. Bush's administration, more than any other, has bestowed tax breaks on wealthy investors in the form of superlow rates on capital gains and dividends.
But the alternative tax system - which regards deductions for property taxes or state income taxes as a kind of tax shelter - does not recognize this preferential treatment of investment income. That is a huge loophole. The alternative tax, whose very purpose is to prevent excessive sheltering, ignores the biggest tax breaks of all: special, low rates on capital gains and dividends that allow investors to avoid paying tens of billions of dollars in taxes every year.

Ever since the first round of Bush tax cuts were enacted, Congress has passed temporary relief measures to keep most middle-income taxpayers from owing the alternative tax, but the problem is becoming too big, too fast, for stopgaps to keep working. Mr. Bush, for his part, says that he wants to shield the middle class from the alternative tax and that his tax reform commission will recommend a solution when it makes its report in July.

But Mr. Bush needs the alternative tax - he relies on its projected revenue to mask the debilitating cost of making his tax cuts permanent. Congressional estimates say that extending them permanently will cost $281 billion in 2014. But that estimate assumes that nothing will be done to prevent the alternative tax from further burdening the middle class. If the middle class is fully protected, the cost of extending the tax cuts will mushroom to $356 billion - 27 percent higher than the official estimate. The federal budget deficit would explode.

The obvious answer is to restore the alternative tax to its true antisheltering purpose, by making inflation adjustments that will exempt the middle class once and for all and by fully taxing capital gains and dividends under the alternative system. But Congress and the administration are currently heading in precisely the wrong direction. The Bush tax breaks for investment income are scheduled to expire in 2008, but both the president and Congressional leaders are calling for extending them, at least through 2010, while proposing no corresponding long-term change in the alternative tax.

Bush administration officials and their antitax allies seem to believe that if taxpayers become angry enough at having to pay the alternative tax, they will throw their support behind any tax reform plan the administration puts forth. That is fomenting a crisis in order to appear to solve it. Is it too much to ask not to put the country through that kind of cynical exercise yet again?

Thanks Mr Bush, you and the Republicans are not even hiding the fact you hate Americans anymore, what is next?

Life in Bush's America

Sadly, November of 2000 put this great nation on a track of destruction. Four years later the fundamentalist whack-jobs used fear and a tangle of lies to scare people into voting for this nut bag again.

BushsAmerica.com Store BushsAmerica.com Store

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