359 results for search: Less Taxes


Congress Approves a 5-Year Freeze in New Wireless Taxes

Congress has approved a five year freeze on any new state and local taxes and fees on wireless service. Supporters of the legislation argue that states increasingly have taxed wireless mobile services as they have become more prevalent. Rep Trent Franks (R-AZ), the lead Republican on this bill, argues that, "These taxes single out low-income and senior Americans who frequently rely on wireless service as their sole means of telephone and Internet access." "The increasing disparity between taxes on mobile services compared to other goods and services is disconcerting. We need a time out until we can find a solution that protects consumers from ...

Fiscal cliff legislation taxes the rich – unless they have buddies in Congress

In the fiscal cliff fight, proponents of big government said they wanted to raise taxes on the wealthy for purposes of deficit reduction and “fairness.” As the dust settles, we see it’s anything but fair. First, as Media Research Center’s Dan Joseph noted on Facebook, the deficit reduction aspects of taxing the “rich” are bogus, though there is some sliver of good news to be seen: So, as was expected, the Democrats will get tax hikes, the SOLE purpose of which are to stick it to the "wealthy" while making everyone else FEEL better about having STUCK it to them. One development that I find fascinating, however, was how the Democrats ...

Grappling with Obamacare taxes

Despite administration denials, it’s been well established that the Affordable Care Act is one large tax. Some estimates[1] put the tax-hike count in Obamacare at 18. In fact, there’s barely anyone the law doesn’t tax; it hits doctors, state governments, insurance companies, consumers, device makers and pharmaceutical companies. Consumers are already grappling with the individual mandate, and the tax it carries if they fail to buy health insurance. States are forking over $700 million in 2014 just to pay for the tax on new Medicaid health plans. And just a few weeks ago, an $8 billion tax[2] on the insurance industry took effect. There’s ...

New Career Plan under Obamacare: Make Less to Score Subsidies

The San Francisco Gate promoted gaming the system over the weekend. Columnist Kathleen Pender described how those under California’s Obamacare exchanges can benefit financially by working less to get major subsidies under the exchange: People whose 2014 income will be a little too high to get subsidized health insurance from Covered California next year should start thinking now about ways to lower it to increase their odds of getting the valuable tax subsidy. "If they can adjust (their income), they should," says Karen Pollitz, a senior fellow with the Kaiser Family Foundation. "It's not cheating, it's allowed." The column encourages lowball...

Lessons Better Left in Denmark

Note: The below post comes from Rasmus Brygger, President of the free market-oriented Liberal Alliance Youth in Denmark. It isn’t always easy living in a country described as the land of milk and honey by socialists all over the world. They should, of course, love Denmark, since it’s by many measures the most socialist country in the Western hemisphere. Denmark is basically the closest thing to a socialist utopia you can find. Sen. Bernie Sanders (I-VT) is one of those socialists deeply in love with Denmark. The senator recently wrote a very affectionate op-ed about what America can learn from Denmark. I’m sure there are several things you ...

The 9 ways taxes go to Washington

As Congress continues to discuss the Big Three budget debates happening over the next four months, the President and his allies in the Senate are continuing to talk about increasing taxes as part of any deals. They will talk about taxing corporations, and the “wealthy.” But how does taxation take place in Washington? Yesterday, Tea Party Patriots highlighted where the federal government spends your tax dollars. Today, we’ll examine what taxes the federal government takes in. According to Page 42 the report, there are nine areas of taxation for federal revenues. They are in the chart below: As you can see, under "Consolidated Revenue," ...

Speaker Boehner, you admit what the problem is – so why are you raising taxes?

On the House floor on Tuesday, House Speaker Boehner (R-OH) once again sounded like a Tea Party-supporting Republican. Via Hot Air (emphasis already included): The Republicans made a serious offer to avert the fiscal cliff… Let’s be honest, we’re broke. And the plan that we’ve offered is consistent with the president’s call for a balanced approach. A lot of people know that the president and I met on Sunday. It was a nice meeting, it was cordial. But we’re still waiting for the White House to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the American people. You know, where ...

Obama’s tax stand puts ideology ahead of practicality

Once again, President Obama is threatening to put ideology ahead of practicality. In his first domestic policy address since his reelection, the President has declared there will be no deal on the so-called “fiscal cliff” starting in January 2013 unless taxes on the richest Americans go up. Tea Party Patriots know taxing the rich is a useless policy when it comes to fairness or deficit reduction, but here are four points for convincing your friends: Raising taxes on the rich have historically trickled down to impact the middle-class. Consider that the individual income tax and the Alternative Minimum Tax  (AMT) went from hitting only the ...

Obama’s tax stand puts ideology ahead of practicality

Once again, President Obama is threatening to put ideology ahead of practicality. In this latest iteration, the President has declared there will be no deal on the so-called “fiscal cliff” starting in January 2013 unless taxes on the richest Americans go up. Tea Party Patriots know taxing the rich is a useless policy when it comes to fairness or deficit reduction, but here are four points for convincing your friends. 1. Raising taxes on the rich have historically trickled down to impact the middle-class. Consider that the individual income tax and the Alternative Minimum Tax https://www.teapartypatriots.org/2012/09/what-about-the-amt/ (AMT ...

Tea Party Patriots Weekly Report from Washington for 06/28/15

CALENDAR:  The House and Senate are both in recess for the 4th of July break, and will not return until a week from Monday. LAST TWO WEEKS ON THE HOUSE FLOOR: The House came back into session on Monday, June 15. The Members dealt with seven non-controversial bills under the Suspension Calendar and renamed several U.S. Postal Service buildings. Meanwhile, the real action on Monday was taking place in the Rules Committee, where House GOP Leaders were working to buy themselves some time. As you may recall from our last conversation, the House had passed the TPA bill, but had failed to pass the accompanying TAA bill, and that left the ...