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Tax the Rich, backfiring? The top 1% now pay more than the bottom 95%. No country in the world taxes their wealthy higher. 60 Minutes
March 27, 2011 reported a new mass exodus of wealthiest people. The top 10% pay 70% of all taxes. What will happen
if 1/3 of them flee the US? Maryland imposed a millionaires tax and 1/3 moved out in 1 year. Bottom line, like Maryland we
could be left in a ditch, broke with no one to pay the bill.http://www.cbsnews.com/video/watch/?id=7360932n&tag=cbsnewsMainColumnArea.9
Why would any company invest in the US and
Hire today? NEW radio ad below! With all the proposed taxes, fees and regulations it's
not possible for any company to know if they will be profitable in 6 months. The EPA now promises to shove Cap &
Trade down our throats and kill millions of jobs if congress fails to act. Cap & Trade will cost a minimum of $500
Billion a year using the White House's estimate. The EPA recently introduced new Smog standards estimated to cost
businesses $90 Billion. With 10's of millions of exported jobs over the last 10 years and personal income down, 6
out of the last 8 years, when will we wake up and realize businesses are moving to avoid paying high taxes and fees.
New ad above. 2/2010 If you don't see our player above your Pop-up Blocker is blocking it.
California is basically Bankrupt, New
York is not far behind. Maryland, New Jersey, California and New York adopted a "millionaire's tax."
Revenue's are falling with business and wealthy fleeing.
Liberal states
are increasing taxes and fees trying to balance their budgets. They will only kill more jobs and reduce revenue. They don't
understand they are digging a deeper hole and killing more jobs.
NY, MA, NJ, MD & CA have already increased their taxes BILLIONS. CT, RI, DE, IL, MN, OR, WA, WI & AZ are all planning to
increase taxes. .
Boeing chooses SC for new 787 assembly line.Boeing
is estimated to spend as much as $1.5 Trillion to move to a low taxed "right to work state"(No
Unions). The union in WA would not give into forced arbitration. That means there willing to lose their jobs, to
keep the right to strike. Now they will lose all their jobs, in time. http://www.msnbc.msn.com/id/33521235/ns/business-us_business/ This is what KillingOurJobs is about. Liberal states have
driven away businesses with high taxes.
Soak the Rich, Lose the Rich
Americans know how to use the moving van to escape high taxes."no-income tax states created 89% more jobs and had 32% faster
personal income growth than their high-tax counterparts""1998 to 2007, more than 1,100 people every day including Sundays and holidays moved from the nine highest income-tax
states such as California, New Jersey, New York and Ohio" They wonder why their revenue keeps dropping. Politicians are
promising to close business loop holes and raise taxes on the rich.California,
New Jersey and New York have driven businesses and wealthy out of there states. We are fighting to prevent the US from
following in California's lead.
Maryland's Millionaires Go Missing! Click here to read
Taxpayers
Flee New York, Taxes Too High (Duh) 1.5 Million people flee high taxes
Golisano leaving New York to escape income taxesSays he’s saving $13,000
a day
The 3 articles above prove redistribution of wealth
only kills jobs and reduces revenue. Now we're going to try this on a national level. Obama has stated he is for redistribution.
The wealthy will flee the country just like we have seen in NY, MD, CA and NJ.
2 Bills that will be massive JOB Killers.
Today, Social Security debt is $38,399 per US citizen. US National
Debt $99,453 per US household. http://www.usdebtclock.org/ In 18 to 20 years with the National Debt, Medicare and Social Security is on track for $680,000 of debt per US household. Congress has known about this
problem for over 20 years. We could have easily fixed both 10 to 15 years ago. Congress keeps doing nothing.
Tort Reform is
a topic every American would demand if they understood how much money it would save every family. Tort Reform would drastically
cut the cost of every insurance policy both personal & business. It would drastically cut health, auto, business,
medical malpractice insurance and others. Tort Reform is a more humane system. If two similar industrial accidents
happened in the US and Canada, and both victims lost an arm, and were unable to work again, in Canada a judge would
award about $1 Million, salary with yearly increases for life & all medical bills paid. In the US the victim would
wait 6 to 15 years without income probably loose everything. After all the appeals are exhausted, years later the
victim is awarded $10 to $40 million. Canada's system is more humane. The victim is taken care of quickly and it saves tens
of millions of dollars.
Capital gains tax also combines with the income tax system to severely penalize
business income and investment, since corporate profits are first taxed at the company level, and then hit again
when they show up as capital gains for the companies' investors. Economists who've modeled the effects of
a significant capital gains tax cut have concluded that it would result in a major reduction in the cost of capital
for American business." source CNN click the link below for the full story.
Social Security 70 years of stealing
Microsoft CEO Steve Ballmer Speaks
Against Obama Tax Increase Steve Ballmer,
the Chief Executive Officer of Microsoft
Corporation said that the company will move employees abroad if President Barack Obama enacts a higher
tax on U.S. companies' foreign profits. "It makes U.S. jobs more expensive," Ballmer said. http://www.transworldnews.com/NewsStory.aspx?StoryID=92155 President
Obama promised to "close the loop holes" By Taxing Foreign profits?
EPA exploding out of control and killing American jobs EPA
regulations have increased twenty-five fold. That is five times more growth than even the tax code has seen
in the same time period. Overt Political Activism: Looming EPA regulations
intend to cap carbon emissions throughout the country after the failure of last year’s cap-and-trade bill. Unprepared states have been threatened
that if they cannot develop adequate measures to issue hundreds of permits for facilities emitting CO2, their air pollution
programs will be federalized. Ambitious Regulatory Overreach: In order for
facilities to be constructed or expanded under EPA’s intended regulations, companies must go through a grueling, drawn
out, and vague permitting process which could take as much as two years. Businesses will have to convince federal regulators
that they are using loosely defined ‘best available technologies’ for emissions reductions, leaving the progress
up to the discretion of a politically motivated bureaucrat. Quashing U.S. Investment:
Billions in investment in U.S. economic growth are simply sitting on the sideline, waiting to see what will happen when these new regulations
go into effect.
Canada's Budget Surplus will shrink to $2.3 Billion the lowest since 2004 http://www.bloomberg.com/apps/news?pid=20601082&sid=aBK2SuxOt.lA&refer=canada We need to study Canada. No,
not their health care. We need to study their taxation and spending. Canada is on target for their 2012 goal of 25% combined
capital gains tax on business. That's combined Provincial (State) & Federal. The US capital gains tax is 39%. That's Federal
only! Canada is a business friendly country. Canada understands to have a healthy economy you need healthy companies. They
have good paying jobs and healthy companies. Their companies can compete in today's Global Economy. To boot, the Canadian Government is saving money. Yes, they have
a Surplus! That's where your economy is healthy and tax revenue pays everything with money left over to save. In our Country when we have a surplus we increase spending. Then
when there's a shortfall we raise taxes. That kills jobs and increases shortfalls. It's a vicious cycle. Canada has the lowest business tax rate in the G8. http://www.discovervancouver.com/community/viewthread/620/
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History of States, Killing Our
Jobs with high taxes. In the 80's most states had surplus revenue. CA,
NY, MI, MD, NJ, MA, CT, RI, OH, PA & IL these states and others had spending explosions. The same
states found themselves in the red when growth slowed. Instead of cutting spending, they increased taxes. The higher
taxes pushed out jobs. Thousands of Companies packed up and moved South from the North and moved East from
California for low taxed business friendly states. The same states continued to increase spending and taxes. We have literally
voted to kill our jobs.
The Cancer is Spreading.
Today we only have 5 to 10 business friendly states left. Texas is actively pulling
business into their state. 70% of all jobs created in US in 2008
were created in Texas.
In the 1990's Countries all over the world cut their Corporate Tax rates and
stole our employers.
Five ways to keep the poor in povertyposted at 11:47 am on December 3, 2010 by Fausta WertzWe're doing all 5! When asked a majority of the poor believe the only way they can retire with
a million dollars is to win the lottery. In fact the Democrats have insured they will never see a million dollars. If Social
Security were privatized 30 years ago with individual accounts every American would retire with over a million dollars. The
poor could retire in luxury instead of bagging at the food stores.
READ MORE
Corporate Tax Cut WindfallThis article
shows how damaging the U.S. corporate income tax is to American firms. Over the past 2 decades the U.S. has gone from
a below-the-average corporate tax nation to the second highest rate in the industrial world. Many countries have slashed
their corporate rates to as low as 10%. The economic impact is even worse because the U.S. is one of the few countries that
taxes foreign subsidiary income when it is repatriated. http://online.wsj.com/article/SB121486763043717547.html
Tim Hortons Inc announces
relocation of its operations from Delaware to Canada. "primarily for tax purposes"
"Now that Canadian corporate taxes are lower, their better off as a Canadian corporation" They join dozens
of companies like Vermont Castings and New Jersey Machine.
President Barack Obama admitted that high taxes
kill jobs. His answer is to raise taxes
on Foreign profits. WHAT? "The President’s
proposals demonstrate a fundamental misunderstanding of tax policy principles and the market forces that drive the global
economy" Evergreen Solar closing Massachusetts plant, cutting 800 jobs 3 years ago Massachusetts spent $58 Million to create 800 jobs. "The United States will continue to be at a disadvantage from a manufacturing
standpoint" El-Hillow said in a statement. Wow!http://www.reuters.com/article/2011/01/12/us-evergreensolar-idUSTRE70B5R620110112
China's Economy Surging Ahead 8.9% after
cutting Corporate taxes to 25% in 2008
No country in history has ever spent their way into ProsperityClick here to read more
Corporate Tax Cut WindfallThis article shows how damaging the U.S. corporate income tax is to America. Over the past decade the U.S. has
gone from a below-the-average corporate tax nation to the second highest rate in the industrial world. Many countries
have slashed their corporate rates to as low as 10%. The economic impact is even worse because the U.S. is one of the few
countries that taxes foreign subsidiary income when it is repatriated. The U.S. corporate tax rate is 39.5% average combined
rate. Compared to 25% in Canada.
Radio
ad targeted at states below. Listen
to our New radio ad. Please help us get this running on the radio in liberal states. This ad is specifically targeted at the
following states this year CA, NY, NJ, IL, MI, PA, MA, CT & RI. Your support is needed to help us save jobs and educate
our politicians in Washington.
Click here to listen to radio ad
If you don't see our player above your Pop-up Blocker is blocking it.
Eight things we can do to improve healthcare without adding to the deficit. By John Mackey
Click here to read John Mackey's article
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"The problem with socialism is that eventually you run out of
other people's money." —Margaret Thatcher
The Plan Spend our way into Prosperity. Obama's plan is not unique.
We tried it during the Great Depression. Other countries have also tried it. We can study the Great Depression unemployment
was close to 15% when WWII started and over 25% when WWII ended. Worked? No! Japan 1989 through
today is a great study. In 1989 their stock market hit 38,000, their housing prices were at an all time high.
In 1990 their housing bubble popped, home sales and prices dropped. Their banks started failing and the stock market
plummeted. Sound familiar? The government spent Trillions trying to prop up their economy. Where are they today
19 years later? The Nikkei stock index is still 70% off its 1989 peak, and property prices are at about 40% of their 1990
values. The US is the second highest corporate taxed rate. Second only to Japan by .2%.
That hasn't worked well for them. Fact! No country in human history has ever spent their
way into Prosperity.
What does the US Government do efficiently? Social Security
& Medicare both mismanaged with high rates of fraud. Amtrak is owned
by our government costs tax payers 1 Billion a year. After 39 consecutive years of losses, what is the plan
to fix it? http://www.slate.com/?id=2067378 We gave Amtrak 9.3 Billion this year. Great plan! The Answer is NOTHING. Our government does a great job
wasting money. Amtrak lost money on 41 of 44 routes in 2008. We need to talk about
privatizing SS and Medicare that would eliminate the fraud and waste. Medicare Part D is now 41%
under CBO estimated cost. How? It's not government run. Bush set it up as a privatized system. Hello Republicans!
We have been criticized for ignoring everything prior
to 1980. That's a great point several states started this spend and tax in the 60's and 70's. The spending explosion
happened as the economy surged when Reagan's tax cuts took effect.
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