Tag Archives: Barack Obama

News

Christian business to pay up to $1.3 million per day in HHS mandate fines

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From Life Site News.

Excerpt:

The Obama administration is set to levy as much as a $1.3 million per day fine against a Christian retail business based on their religious objection to abortifacient drugs, according to a lawsuit filed this week.

Hobby Lobby Stores, Inc., with more than 500 arts and crafts stores in 41 states and over 22,500 employees, is reportedly the largest for-profit business yet to file suit over the Health and Human Services (HHS) mandate requiring businesses to provide free abortion-causing drugs, such as the “week-after” pill Ella, as non-negotiable “preventive services.”

Lawyers for the private retail chain filed a lawsuit in the US District Court for the Western District of Oklahoma, where the company is based.

The Becket Fund for Religious Liberty says the company, which started in a garage in Oklahoma City in 1972, is now a booming business amid a struggling economy – making the government crackdown even more outrageous.

“Hobby Lobby is one of few companies adding jobs during recession, and the government is penalizing them,” said the lawyers, who filed the complaint on behalf of the business. “If Hobby Lobby does not comply with the HHS Mandate, they will be forced to pay up to 1.3 million dollars per day in fines.”

That success, says founder and CEO David Green, is inextricably connected to its groundings in the Christian faith.

“We have always operated our company in a manner consistent with Biblical principles, including integrity and service to others,” said Green in a statement Thursday. “We believe wholeheartedly that it is by God’s grace and provision that Hobby Lobby has been successful. Therefore, we seek to honor him in all that we do.”

Green noted the company keeps fewer hours than most and, like Christian-founded restaurant chain Chick-Fil-A, is closed on Sundays. Meanwhile, he said Hobby Lobby’s minimum wage is 80 percent above the national average, and its headquarters even offers an in-house clinic where employees with company health insurance can visit for free.

Green and his wife Barbara in 2010 signed a pledge to donate the majority of their wealth to philanthropy: “For me and my family, charity equals ministry, which equals the Gospel of Jesus Christ.”

“Our family is now being forced to choose between following the laws of the land that we love,” said Green, “or maintaining the religious beliefs that have made our business successful, and have supported our family and thousands of our employees and their families.”

If you own a business, then you have to pay for abortion-causing drugs for your employees. It’s that simple. Obama says you must. And if you don’t you pay a million dollars a day in fines.

I wonder how many jobs this secular leftist fascism by the Obama administration will cost? It seems like his whole purpose is to cause more people to be unemployed, so that they can become dependent on government programs. Why would he want that? And why would people who claim to be Christians vote for him? It’s a mystery.

News

Obama calls for $1.6 trillion of new taxes as economy faces a new recession

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Do you raise taxes in a recession? Obama once thought that raising taxes would hurt a recovery and hamper job creation.

Fox News reports on what Obama the President thinks now.

Excerpt:

President Obama, ahead of his first press conference since winning re-election and a meeting later this week with congressional leaders, staked out his starting point for fiscal cliff negotiations — $1.6 trillion in tax hikes. 

White House Press Secretary Jay Carney made clear that the president is sticking by his original budget plan, which includes $1.6 trillion in new revenue, by raising taxes on households making more than $250,000. 

[…]Republicans, though, are adamantly opposed to raising tax rates, despite a willingness to deal on closing loopholes and deductions.

[…]On Tuesday he met with labor leaders and liberal groups, telling them he would stand behind his campaign pledge to make top earners pay more in taxes.

“We’re prepared to stand up to make sure there is shared sacrifice here, so the rich actually start paying their fair share and the middle class don’t get soaked for that,” said AFL-CIO labor union federation President Richard Trumka.

At issue is an annual U.S. budget deficit that now is routinely above $1 trillion and a national debt that has risen to near $16.5 trillion.

Washington politicians have just over seven weeks, including breaks for the Thanksgiving holiday next week and the Christmas holiday season, to avert the year-end fiscal cliff.

$1.6 trillion of tax increases won’t hurt the middle class?

This article from Arthur C. Brooks addresses that point.

Excerpt:

On average, failed attempts to close budget gaps relied 53 percent on tax increases and 47 percent on spending cuts. Successful consolidations averaged 85 percent spending cuts and 15 percent tax increases. Some of the most successful financial comebacks–like Finland’s in the late 1990s–involved more than 100 percent spending cuts, so that taxes could be lowered. The spending cuts by the successful countries centered on entitlements and government personnel.

Now let’s look at the moral argument against raising taxes. Why does the president want to increase America’s tax burden? You may think it’s just a way to increase revenues and reduce the deficit. But even the president knows he can’t solve the fiscal crisis by helping himself to bigger and bigger chunks of the income of America’s most successful people. Even if individuals earning more than $200,000 were taxed at a 100 percent marginal rate–and we confiscated their passports so they could not flee–the take would come to $1.27 trillion, or just 77 percent of this year’s deficit.

For the administration, it’s not about the money–as we have heard again and again, it’s about “fairness.” The president believes that we will be a better nation if we redistribute more money from those who have more to those who have less. How much more do we need to redistribute until our system is fair?

As you ponder this question, remember the facts: The wealthiest 5 percent of Americans already account for 59 percent of federal income taxes. Nearly half of our citizens pay no federal income taxes at all–yet two-thirds of us believe that everybody should at least pay something, even if just to remind ourselves that government isn’t free. The Tax Foundation reports that the percentage of Americans who are net takers from the tax system is nearing 70 percent.

Note that even if you confiscated the passports of the wealthy, as communists tend to do, they would not agree to work for free voluntarily – they would stop working and do other things with their time instead. Perhaps Obama’s plan involves forcing the rich to continue to work while confiscating the fruits of their labor to distribute to his non-working constituencies. That would be slavery, which is not surprising if you know your history of slavery in the United States. Abraham Lincoln was a Republican, after all, and William Wilberforce was a Conservative.

The right way to solve this problem is with spending cuts and shutting down duplicate programs, waste and entire federal departments that are unconstitutional. But since we re-elected Obama, this is unlikely to happen. The Democrats are the party of big government and they will pass the costs of big government onto the middle class and their employers. When you tax the rich, you tax job-creating businesses and job-creating investors. You lose jobs. You make more people dependent on government. That’s what “making the wealthy pay their fair share” really means.

Commentary

How would raising taxes on the rich affect middle class working families?

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Investors Business Daily explains.

Excerpt:

Raising taxes on all those above $250,000 as Obama proposes would raise just $34 billion. That’s a whopping 3% of our $1.1 trillion deficit. Even if you seized all their income, it would only run the government for three months.

So the idea that taxing the wealthy will reduce the deficit is false. This is just class warfare, pure and simple.

Even so, Obama compounds the fib by going on to say his tax hike will have virtually no impact on small businesses. He notes, for example, that 97% of all small businesses would be untouched by his tax hike.

True, but irrelevant, as Treasury Department data show. For while there are 34.8 million small businesses in America, 30 million of those employ no workers.

Just 4.8 million, or 12%, employ workers. But an even smaller number — just 1.2 million — earn 91% of all the small business income. These are Obama’s “rich.”

But while they make up just 3% of all small businesses, they employ a stunning 54% of the total private U.S. workforce.

They are, in short, the nation’s job creators. And their owners, who report their small-business income on their personal income tax return, will be taxed at a higher rate by Obama.

So don’t be fooled. It’s not really the “wealthy,” as Obama says, who’ll get taxed. It’s small businesses. And it will have a devastating impact on jobs.

How devastating? A recent study by Ernst & Young noted that Obama’s tax hike, far from being “balanced,” would cost 700,000 people their jobs.

And it will no doubt kill hundreds of thousands if not millions more jobs in the future as would-be entrepreneurs decide not to start businesses in such a hostile tax and regulatory environment.

It’s important for us to realize that the people voting for Obama have no idea about these facts. A lot of people are annoyed that we lost the election last week. I think that if we want to win the next one then we have to start to think about becoming more persuasive with the people around us. We have to learn to deflate the slogans of those on the left with facts.