Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Tuesday, August 4, 2009

Cash for Clunkers, America's Auto Bailout for Japan


It turns out the Democrats' much celebrated Cash for Clunkers program is greatly benefiting a country. The problem is the country is not America. It's Japan.

Out of the first 80,000 vehicles traded in and destroyed under the Cash for Clunkers program, 47% are American vehicles. The top ten trade-ins are all American vehicles. Making matters far worse, six out of the top ten new vehicle models being purchased under the Cash for Clunkers program are foreign models, primarily Toyotas and Hondas. Even if many of those Japanese vehicles are at least partially assembled by American workers, the Japanese auto companies are benefiting on the backs of the American taxpayer. After all the Cash for Clunkers program is being funded with Federal money, which the taxpayers supply. So, if you pay taxes, you are paying people, who probably should not be buying new vehicles, to have their American vehicles permanently disabled in exchange for a large credit toward buying a brand new foreign car. The auto executives in Japan must be dancing in the streets.

In case you are curious, here are lists of the top ten trade-ins and new car purchases in the Cash for Clunkers program so far.


Cash for Clunkers Trade-Ins
1. 1998 Ford Explorer
2. 1997 Ford Explorer
3. 1996 Ford Explorer
4. 1999 Ford Explorer
5. Jeep Grand Cherokee
6. Jeep Cherokee
7. 1995 Ford Explorer
8. 1994 Ford Explorer
9. 1997 Ford Windstar
10. 1999 Dodge Caravan

Cash for Clunkers New Cars
1. Ford Focus
2. Honda Civic
3. Toyota Corolla
4. Toyota Prius
5. Ford Escape
6. Toyota Camry
7. Dodge Caliber
8. Hyundai Elantra
9. Honda Fit
10. Chevy Cobalt

Tuesday, February 24, 2009

Democrats Are Sending American Taxpayer Dollars to Hamas-Controlled Palestine

According to Sue Pleming of Reuters, our Democrat led government plans to give around $900 million of American taxpayer money to the Palestinians in Gaza. During these horrible economic times with enormous deficits, waves of bankruptcies, and botched corporate bailouts, should we be giving nearly $1 billion to a territory where Hamas, a terrorist organization, has been democratically elected? There are a lot of Americans who could really use that money.

Friday, October 31, 2008

Barack Obama Lowers the Rich Threshold

Several days ago, Barack Obama was claiming that any household with less than $250,000 in combined income would receive a tax cut under his tax plan. During the last few days, Barack Obama has changed this figure. Now, your combined household income has to be under $200,000 to receive a tax cut. There is also a story floating around that Joe Biden recently said the actual threshold will be $150,000.

Why do we keep hearing all of these different numbers? What is the truth? What does Obama consider to be rich? When the dust settles, and Barack Obama is comfortably in office, we are probably going to find that any married couple making $100,000 is considered rich. Do not be surprised if that number is even lower. Socialism is not cheap.

Barack Obama Associates Reluctance to Pay Higher Taxes with Selfishness

According to Jake Tapper at ABCNews, Barack Obama is comparing reluctance to paying higher taxes with selfishness. Is it really selfish to want to keep the money you earned and give it away as you see fit instead of having the government seize your money and spread it around?

Thursday, October 16, 2008

Obama Tells Joe the Plumber He Wants to Spread the Wealth Around (Like a Socialist)

Joe the Plumber (Joe Wurzelbacher), now made famous by numerous mentions in the October 16, 2008 Presidential debate, was recently treated to straight talk from Barack Obama. Obama is a socialist, and he frankly admitted it to Joe the Plumber when he clearly stated he wants to "spread the wealth around."

Joe Wurzelbacher was asking an honest question about Obama’s tax policies, and was slapped with Marxist doctrine. Right in front of cameras and actual Americans in Ohio, Obama openly admitted the cornerstone of his liberal ideals: Tax those who have more and give it to those who have less.

In Obama’s world, it does not matter how hard people work and how much they earn. What matters is that everyone gets to enjoy the fruits of successful people. This is not American. This is Socialism. What ever happened to taking risks, working hard, and enjoying the rewards? Is that not one of the most basic pillars or American culture? How can we allow a man to be President of the United States of America when he supports such blatantly anti-capitalist views? If Obama’s tax plan sounds familiar to you, here is where you may have heard his philosophy before:

"From each according to his ability, to each according to his need."
- Karl Marx

FOXNews Story
http://www.youtube.com/watch?v=7rYgKFWHzE0

Follow-Up Interview with Neil Cavuto and Joe the Plumber
http://www.youtube.com/watch?v=JDVM7ODUBn8