Tag Archives: Tax

How do Democrat policies stimulate the economy?

Consider this Washington Times article to see how it works. (H/T Gateway Pundit)

Excerpt:

The Obama administration revealed last week that as much as $16.1 million from the stimulus program is going to save the San Francisco Bay Area habitat of, among other things, the endangered salt marsh harvest mouse.

That has revived Republican criticism that the pet project was an “invisible earmark” in the massive spending bill for Mrs. Pelosi, whose San Francisco district abuts the Bay, and epitomizes what Republicans say is the failure of stimulus spending so far to help an economy still shedding jobs.

“Lo and behold, the government has announced that the mouse is getting its money after all,” House Minority Leader John A. Boehner, Ohio Republican, said, standing beside a poster of the furry varmint. “Speaker Pelosi must be so proud.”

Mrs. Pelosi’s office was quick to dismiss the criticism.

My preferred stimulus was to spend under $400 billion and to temporarily suspend the employer portion of payroll taxes, so that American employees would go on sale. When people have jobs, then they are comfortable spending money. But Obama and Pelosi preferred to spend the money on mice. American workers or mice? Which one stimulates the economy?

Earlier this week I wrote about how well the first two stimulus bills worked, and how the Democrats would like to pass a third stimulus bill.

Raising taxes

Democrats also think that raising taxes on businesses and individuals will stimulate the economy. See, when the unemployment rate goes to 9.5%, and everyone has to pay more for electricity and gas, then Democrats believe that people will spend more.

Consider this article from Politico which lists some of the ideas they are considering. (H/T Michelle Malkin)

Excerpt:

— Broaden the 1.45-percent Medicare tax on earned income to “passive income,” which could include money from capital gains, rental properties and businesses that do not require direct participation. This could raise $100 billion.

— Levy a five-percent surtax on individuals who earn more than $500,000 and couples that make $1 million.

— Tax health benefits at a higher level than had been considered. Two scenarios are in play. Taxing plans worth more than $20,300 for a family and $8,300 for an individual could raise $240 billion. Increasing the cut-off to plans worth more than $25,000 would bring $90 billion.

— Capping the tax break on itemized deductions at 28 percent, as President Barack Obama had proposed, or freezing the top deduction rate at 35 percent when the Bush tax cuts expire in 2010. The first scenario would raise $168 billion, while the second would collect $90 billion.

— Issue tax credit bonds to pay for the proposed Medicaid expansion, raising $75 billion.

— Charge fees to pharmaceutical manufacturers, bringing in as much as $20 billion, and insurance providers, raising $75 billion.

– Raise taxes on sodas and sugary drinks. A 3-cent hike could pick up $30 billion, and a 10-cent hike could make $100 billion. This one already appears out of favor: Many senators have specifically ruled out the sugar tax, and a Senate Democratic source said it was the one option that was clearly not gaining traction with committee members.

Try to think about what effect this will have on the person who rents you your apartment, who supplies your employer with capital, or who pays your salary. Try to think about whether you will pay more or less for the goods and services you need when the people who provide them are attacked by the government. Try to think about what effect increased borrowing will have on the prosperity of your children.

NEA General Counsel explains the real goals of teacher unions: MONEY and POWER

Story here at the Heritage Foundation.

NEA General Counsel Bob Chanin tells the world the top priority of the largest teacher union in the USA.

Are they concerned with providing a quality education for our children?

Here is the video:

And the transcript:

Despite what some among us would like to believe it is not because of our creative ideas; it is not because of the merit of our positions; it is not because we care about children; and it is not because we have a vision of a great public school for every child.

The NEA and its affiliates are effective advocates because we have power. And we have power because there are more than 3.2 million people who are willing to pay us hundreds of million of dollars in dues each year because they believe that we are the unions that can most effectively represent them; the union that can protect their rights and advance their interests as education employees.

This is not to say that the concern of NEA and its affiliates with closing achievement gaps, reducing drop rate rates, improving teacher quality, and the like are unimportant or inappropriate. To the contrary these are the goals that guide the work we do. But they need not and must not be achieved at the expense of due process, employee rights, or collective bargaining.

That is simply too high a price to pay.

The Heritage Foundation notes that union dues are not voluntarily in many parts of the USA.

First of all, there is little that is voluntary about the millions in dues paid to the NEA every year. The NEA is strongest in states without right to work laws, and if you want to teach in a public school that is under an NEA contract in those jurisdictions (like California and New York), you must pay dues to the NEA. It is the law. There is nothing voluntary about it. Second, that is tax payer money he’s talking about, which is exactly what is so corrupting about public sector unions: the government is lobbying itself for its own expansion.

And what happens when you value the rights of incompetent teachers ahead of the rights of parents and children?

And what are “employee rights” and “due process,” you might ask? Well, those are what require New York City to pay 700 union teachers $65 million a year to do nothing. Same thing in Los Angeles, where 165 union teachers collect a total of $10 million a year from tax payers for doing nothing.

It is very important to note that he gets a standing ovation from the teachers present at the convention. These are the people who teach your children. Or rather, these are the people who want to indoctrinate your children to accept their values, and to be paid by you for doing it.

ECM also sent me this article from Betsy’s Page via Granite Grok.

Excerpt:

Sometime last year, while negotiating a teacher contract for the KIPP Ujima Village charter middle school in Baltimore, founder Jason Botel pointed out that his students, mostly from low-income families, had earned the city’s highest public school test scores three years in a row. If the union insisted on increasing overtime pay, he said, the school could not afford the extra instruction time that was a key to its success, and student achievement would suffer.

Botel says a union official replied: “That’s not our problem.”

Such stories heat the blood of union critics. It is, they contend, a sign of how unions dumb down public education by focusing on salaries, not learning.

They don’t care about your children’s education or career.

Understanding the effects of government-run health care

Previous health care posts

Before we see today’s post, here are some of my previous posts on health care.

Socialized medicine by the numbers

I was having a nice chat today with a friend about whether we should expect government-run health care to work as well as private health care. I asked to him to reflect on how incompetent government offices are for services like driver’s licenses, vehicle titles, immigration, postal services, etc. Then I asked him how satisfied he was shopping online from Amazo.com or in person at Wal-mart. A private seller in the free market needs to meet your needs better than other competitors, so you will get good service – because you have a free choice. But what happens when you have only one option?

Hot Air has a post by DirectorBlue that analyzes government-run health care.

Here are just a few of his numbers related to waiting times:

14: The percentage of all patients in Britain who wait more than one (1) year to receive treatment after a referral by a general practitioner. Half of all National Health Care patients in Britain wait between 18 and 52 weeks for treatment.

90: Number of days, on average, each Canadian patient must wait for an MRI under the Canadian government-run health care system.

750: The estimated number of people waiting in line (in the pouring rain) at Britain’s Bury Office attempting to register for dental care.

10,000: Number of Canadian breast cancer patients to file a class action lawsuit against Quebec’s hospitals because, on average, they were forced to wait 60 days to begin post-operative radiation treatments.

443,849: The number of British patients of the National Healthcare Service (NHS) who waited four or more weeks for inpatient admittance into a hospital (Excel file) in May of 2009 (more than 75% of all patients).

1,500,000: The number of Canadians who do not have — and cannot find — a general practitioner/primary care physician due to shortages in medical staff: “In Norwood, Ontario, 20/20 videotaped a town clerk pulling the names of the lucky winners out of a lottery box. The losers must wait to see a doctor… Shirley Healy, like many sick Canadians, came to America for surgery. Her doctor in British Columbia told her she had only a few weeks to live because a blocked artery kept her from digesting food. Yet Canadian officials called her surgery ‘elective.’ …’The only thing elective about this surgery was I elected to live,’ she said.”

The article also discusses the costs of socialized medicine, patient outcomes, illegal immigrants, fraud, waste, etc.

Needless to say, this is a MUST-READ. Send it to all your friends!