The Laffer Curve in Britain

UK Telegraph: 50p Tax Rate ‘Failing to Boost Revenues’ The Treasury received £10.35 billion in income tax payments from those paying by self-assessment last month, a drop of £509 million compared with January 2011. Most other taxes produced higher revenues over the same period. Senior sources said that the first official figures indicated that there had been “manoeuvring” by well-off Britons to avoid the new higher rate. The figures will add to pressure on the Coalition to drop the levy amid fears it is forcing entrepreneurs to relocate abroad. [...]

Daily Reminder: February 18, 2012

“Though this nation has proudly thought of itself as an ethnic melting pot, in things racial we have always been and we, I believe, continue to be in too many ways, essentially a nation of cowards.” – Eric Holder, the nation’s first black Attorney General, appointed by the nation’s first black president of the United States, to a collection of Justice Department employees in a speech celebrating Black History Month on February 18, 2009 . 262 DAYS UNTIL ELECTION DAY 337 DAYS UNTIL JANUARY 20, 2013 [...]

Daily Reminder: February 17, 2012

On February 17, 2009 the president signed into law the American Recovery and Reinvestment Act, saying that day that it was “ put together without earmarks or unnecessary spending .” Of course, an $8 billion Mag-Lev train running from Disneyland in Anaheim, CA to Las Vegas in Senate Majority Leader Harry Reid’s Nevada sure isn’t a “pet project.” And, of course, what kind of idiot would characterize $300 million spent for electric golf carts as “unnecessary spending?” That’s like saying that the $650 million for digital television converter box coupons was unnecessary, or that the $335 million for STD prevention programs was unnecessary, or the billions for further research on the settled science of global warming, or the $50 million for the National Endowment for the Arts, or the $6 billion needed–NEEDED!–to make federal buildings more energy efficient due to pressure from environmental groups was unnecessary. He also said that the so-called “recovery plan” will be “implemented with unprecedented transparency and accountability.” And we all know how that went. 263 DAYS UNTIL ELECTION DAY 338 DAYS UNTIL JANUARY 20, 2013 [...]

Daily Reminder: February 16, 2012

Three years ago this week, the president traveled to foreclosure-ravaged Phoenix, AZ to unveil a brand new $75 billion initiative billed as a “homeowner rescue” plan and intended to help five million homeowners refinance their current loans and assist another four million homeowners already facing foreclosure. The idea was that lenders would be offered taxpayer money to make up for lost revenue if they agreed to reduce rates to 31 percent of a homeowner’s income. Never mind that the federal government forcing banks to adjust lending standards and loan terms was a big part of what created the housing crisis in the first place. And never mind that the $75 billion was only part of what Obama said was to be a $275 billion commitment to American homeowners, or that the so-called “stimulus” bill already contained $50 billion purportedly dedicated to helping homeowners who were underwater on their loans. 264 DAYS UNTIL ELECTION DAY 339 DAYS UNTIL JANUARY 20, 2013 [...]

Santorum’s Perceptional Problems

Washington Post: Santorum: Birth Control ‘Harmful to Women’ This is how, in part, he lost Pennsylvania — by appearing extreme and schoolmarmish, too far to the right of average voters in a purple state. If he is the nominee in 2012, he might get some blue-collar fellows, but what about those women in Ohio, Pennsylvania, etc.? And what about more secularized suburban communities? Fuggedaboutit. [...]

Daily Reminder: February 15, 2012

Two years ago today, America learned a little more about Amy Bishop, a neurobiology professor who on February 12, 2010 had burst into a faculty meeting and shot three professors dead and wounded three others. As with other mass shooters, Bishop was originally characterized by the mainstream press as a right-wing extremist; but as with other mass shooters, as we learned more, we discovered that it is instead the radical left which seems to have cornered the market on bitterness leading to violence. Bishop, according to what a family source told the Boston Herald, was “a far-left political extremist who was ‘obsessed’ with President Obama to the point of being off-putting.” It seems that her obsession and leftist bitterness, combined with her being denied tenure at the University of Alabama –Huntsville, was enough to set her off on a deadly shooting spree. 265 DAYS UNTIL ELECTION DAY 340 DAYS UNTIL JANUARY 20, 2013 [...]

Daily Reminder: February 14, 2012

Two years ago today, Phil Jones, the scientist at the center of the ongoing farce that is global warming, admitted that the world isn’t warming after all, that warming periods have occurred before and without the help of man, and that much of his raw data is missing . The data acknowledged as “missing” by Jones was crucial in purportedly substantiating the “hockey stick” graph used by global warming advocates to support the theory that the behavior of humankind has caused adverse climate-related problems. This came on top of the scandal which emerged back in November 2009 after hacked e-mails circulated among scientists at the East Anglia Climate Research Unit showed that scientific facts controverting the theory of man-made global warming was withheld and that ideologically-bent scientists manipulated data in order to artificially inflate the perceived threat of global warming. 266 DAYS UNTIL ELECTION DAY 341 DAYS UNTIL JANUARY 20, 2013 [...]

Daily Reminder: February 13, 2012

With zero Republicans in support and seven Democrats voting against, the House of Representatives passed the then $787 billion (now $862 billion) American Recovery and Reinvestment Act three years ago today. That day, North Carolina Congressman Walter Jones told America’s Right that “it’s fitting that this bloated bill was passed on Friday the 13th, because this massive government spending will result in scary consequences for our children and grandchildren.” “Our nation’s budget deficit is already estimated at $1.2 trillion for the current year,” Jones told America’s Right . “This ‘stimulus’ package merely saddles the American people with even more federal debt. According to the CBO, this legislation will increase the federal budget deficit by $792 billion, with additional interest costs of at least $300 billion. With the package’s total cost at $1.1 trillion, Census Bureau statistics indicate that the bill amounts to a per-family cost of at least $9,418 in new spending and debt.” 267 DAYS UNTIL ELECTION DAY 342 DAYS UNTIL JANUARY 20, 2013 [...]

Deconstructing Media Matters

The Daily Caller: Inside Media Matters: Sources, memos reveal erratic behavior, close coordination with White House and news organizations Collusion between the Soros-funding Media Matters for America and the White House, not to mention biased “journalists” the world over.  Drug use and mental health problems, combined with paranoia and bodyguards illegally carrying guns in D.C. Read the piece linked above. Start to finish. There is waaaaaay too much to excerpt. It shows the level of coordination on the left.  It shows the protective nature when it comes to taking care of their own.  It shows that, under no circumstances, should MMFA be a 501(c) nonprofit organization. [...]

An #Occupy Lull Demonstrates Party Dynamics

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With the exception of a few stories here and there, and of course apart from the fact that class warfare will never cease so long as the Left pulls the strings in the mainstream press from all appearances it looks as though the #Occupy movement as we saw it last summer and early fall may be reaching its natural end. As it ends, the rhetoric from the conservative world appears to be growing. I was listening to a local radio station the other day and the local host went into a rather blunt, tough-guy rant about how the protestors are just a bunch of punks who need a bath and should be forced to work at McDonalds in order to get them to behave. This standard indictment of the movement, I’m sure, has been replayed around dinner tables across America over the past few months, especially since Republican presidential candidate Newt Gingrich–who is credited even by detractors with possessing above average intelligence–said on several occasions that the #Occupy protesters needed a bath and a job. (The cynical reply to Newt Gingrich from the Left, of course, has been that he was responsible for NAFTA along with then President Bill Clinton, so what jobs is he talking about [...]

Daily Reminder: February 12, 2012

At the start of President Obama’s presidency, NH Republican Sen. Judd Gregg was to be the token GOP’er in Obama’s cabinet. Three years ago today, however, Gregg withdrew as nominee for Commerce Secretary , citing differences over the “stimulus” bill and the census as “irresolvable conflicts.” Gregg was part of the unified GOP opposition to the “stimulus” bill. As for the census issue, Gregg—along with many on the right—took issue with how the White House wrested control of and unnecessarily politicized the 2010 Census from the Commerce Department. Traditionally under the purview of the Commerce Department, the Obama administration changed protocol so as to require the Census Bureau director to report directly to the White House [...]

Daily Reminder: February 11, 2012

Despite promises in black and white in the “Ethics” section of Barack Obama’s Change.gov Web site to “end the practice of writing legislation behind closed doors,” House and Senate Republicans reported three years ago today that official Republican conferees were being shut out of the House-Senate negotiations designed to hammer out a final version of the “stimulus” bill. “I think the American people deserve to know,” said Indiana Rep. Mike Pence, “that legislation that would comprise an amount equal to the entire discretionary budget of the United States of America is being crafted without a single House Republican in the room.” 269 DAYS UNTIL ELECTION DAY 344 DAYS UNTIL JANUARY 20, 2013 [...]

What Mitt Romney Should Tell CPAC

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Alas, I wish that I could be in Washington, D.C. right now, attending the 2012 Conservative Political Action Conference, one of the largest and most fun collections of conservatives put on each year by the American Conservative Union.  There is something great about being in that type of atmosphere. For a long time, I planned to go, too.  I have quite a few friends in conservative new media that are there, talking frankly and candidly with pundits, politicians and presidential candidates alike during the day, and exercising and testing the limits of their livers at night.  It would have been a great time, but this year it just was not in the cards. Addressing the crowd today is GOP frontrunner Mitt Romney.   Given the contentious nature of the Republican presidential primary to date, and given the inherent distrust shown by many conservatives in Romney, it would have been nice to be a fly on the wall at his speech. [...]

Daily Reminder: February 10, 2012

Three years ago today, the U.S. Senate passed the first version of the “stimulus” bill by a 61-37 vote . Democrats and the president were aided by three turncoat Republicans: Susan Collins and Olympia Snowe of Maine, and Arlen Specter of Pennsylvania, the latter of which would within the next few months formally switch parties after discovering that he polled badly as a Republican facing re-election. Minutes before the vote, the Congressional Budget Office put the total cost of the bill at $838 billion. Included deep within the bill was a provision allowing for the creation of a new health care agency which would be charged with guiding physicians in their decision-making process [...]

Daily Reminder: February 9, 2012

About two years ago this week, federal Judge Nina Gershon held that community organization group and voter fraud specialists ACORN was permitted to make an end run around a congressional ban on federal funding—instituted after citizen journalists armed with a hidden camera caught ACORN employees in several cities ready to assist in the hypothetical sexual exploitation of underage illegal immigrants—and was eligible to receive a proposed $4 billion in Housing and Urban Development Grants hidden within the monumental $3.83 trillion federal budget proposal for Fiscal Year 2011. Of course, Congress adjourned in the fall of 2010 without fulfilling its constitutional obligation to pass a budget for the federal government for 2011. Throwing around big numbers, the Democrats thought, was adverse to their chances at the polls in that year’s mid-term elections. Apparently, that thought has continued, as it has now been more than ONE THOUSAND DAYS since the Democrats passed a budget. 271 DAYS UNTIL ELECTION DAY 346 DAYS UNTIL JANUARY 20, 2013 [...]

Line by Line

If I accurately remember some of the campaign rhetoric of 2008, Barack Obama claimed that he was going to go “line by line” in addressing the waste in the federal budget and that he was going to use a “scalpel rather than a sledgehammer” in his attempts to bring our fiscal concerns under control. Funny…in a macabre way, going “line by line” in the health care bill seems to be quite ironic, especially where scalpels are concerned. Maybe he was trying to tell us something. So, here it is – an easily-digestible and fairly well-presented collection of details that begins the undressing of the Crown Jewel of Socialism. Of the many things that we’ve learned about the American radical Left during the past several years, one is simply this, something of which Saul Alinsky would have been really proud: nearly every one of the Left’s goals is always clearly stated to the American people. [...]

Daily Reminder: February 8, 2012

“A problem that was created by building up too much debt will not be solved with yet more debt … We’re moving precipitously close to what I would call a ‘savior-based economy’ … if I can be a plaintiff to the right person in Washington, D.C. I can get this thing fixed. That is quite different than a market-based economy where some rise and some fall but there’s a consequence to making a stupid decision. “A lot of people who’ve made some very stupid decisions are being bailed out by the population at large … We’re going to go through a process of de-leveraging, and it will be painful. [...]

Time to Neuter Obama’s Attack Dog

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“Ozzie will get what’s coming to him.” Those were the words of Florida Congresswoman and Democratic National Committee Chair Debbie Wasserman-Schultz, as said to an associate of congressional candidate Ozzie deFaria after deFaria used the photo at right in recently disseminated fundraising materials. Unfortunately, deFaria’s take on the statement made by the Florida Congressman, known for her penchant for rhetorical bomb-throwing, is absolutely dead on. “Wasserman-Schultz told a close associate of mine that she was offended by my use of the picture, which I used to highlight her as Obama’s biggest attack dog,” deFaria said, pointing out the dog collar.  “We all know what that means — Debbie and the Obama attack machine are going to spend millions of dollars to destroy my family, my reputation, and my professional life in South Florida.” When it comes to those like Wasserman-Schultz, there is an old expression in America’s oldest pastime that certainly seems to apply: What do your eyes tell you? The expression applies to batters judging a pitcher– when and how does that pitcher challenge a batter who is slightly ahead in the count, and with what? [...]

Daily Reminder: February 7, 2012

According to Bloomberg three years ago today , the price tag on the Senate version of the so-called “stimulus” bill dropped during negotiations today, from $920,000,000,000 to $820,000,000,000. Senate Majority Leader Harry Reid was quoted as saying, “well, we found a ‘$100 million off’ coupon in the sofa cushions in Teddy Kennedy’s office.” Just kidding. That last part was a joke. Unfortunately, the first part was not. While the total cost of the bill eventually settled in at a meager $862 billion, Democrats the world over would probably want the American people to know that, hey, non-stimulative stimulus could have been even more expensive! 273 DAYS UNTIL ELECTION DAY 348 DAYS UNTIL JANUARY 20, 2013 [...]

Daily Reminder: February 6, 2012

At the White House three years ago today, President Barack Obama met for approximately an hour with 40 family members of victims of the attacks of September 11, 2001 and the October 12, 2000 bombing of the U.S.S. Cole in Yemen – one day after his administration dropped all charges against Abd al-Rahim al-Nashiri, the mastermind of the Cole bombing. The president reportedly spoke to the families about the importance of shuttering the terrorist detainee facility at Guantanamo Bay in Cuba, where al-Nashiri had been held and in the military tribunal process before charges were dropped. Likely not mentioned by the president? A list of 85 “Most Wanted” terrorism suspects released a week beforehand by the Saudi Arabian Interior Ministry – eleven of which were former enemy combatant inmates at Guantanamo Bay before being released back into radical Islamic jihad. [...]

Daily Reminder: February 5, 2012

Upholding President Barack Obama’s January 22, 2009 executive order halting in their tracks any and all legal proceedings for terrorist detainees held at Guantanamo Bay in Cuba, Susan J. Crawford—Convening Authority for the Guantanamo military commissions— dropped all charges against Abd al-Rahim al-Nashiri, known Al Qaeda terrorist and mastermind of the attack on the U.S.S. Cole in 2000, an attack which claimed the lives of 17 U.S. Sailors. Angry? [...]

Daily Reminder: February 4, 2012

Two years ago today, on February 4, 2010, the House of Representatives passed a measure which would effectively increase the national debt ceiling by a whopping $1.9 trillion to a maximum of $14.3 trillion. The vote only a little more than a month after Congress voted on Christmas Eve 2009 to increase the limit by $290 billion to ensure that our spendthrift federal government survived until mid-February. While increasing the debt ceiling certainly is not anything new, and certainly is not something that can be imputed to Democrats alone, the $1.9 trillion increase absolutely eclipsed the previous record increase, which was a $984 billion increase (to a total of $7.3 trillion) in May 2003 – and, worse yet, House Democrats actually applauded the $1.9 trillion increase. They actually stood up and cheered. [...]

Daily Reminder: February 2, 2012

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Alas, there is nothing new to report today as a reminder of what Barack Obama and the Democrats have done on this day over the past few years.  There is, however, a very important question that schoolchildren and meteorologists across the country alike are asking themselves at this hour: Did California Congressman Henry Waxman see his shadow? I hope not.  If he did, that means that we’ve gotta deal with six more weeks (decades?) of corruption. [...]

Daily Reminder: February 1, 2012

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Two Years ago today, the Obama White House released its proposed budget for Fiscal Year 2011. While Democrats later abandoned its constitutional obligation for political gain in the 2010 election year and adjourned without passing a budget, it is nonetheless worth noting what the practical consequences of the budget as proposed by Barack Obama would have. From “ Backdoor Taxes to Hit Middle Class ,” a Reuters piece later taken down from the Web due to White House pressure, we discovered that if the president’s proposed budget had been passed, the following would have occurred: the special 10 percent tax bracket would have been eliminated the 25, 28 and 33 percent tax brackets would have reverted back to 28, 31 and 36 percent, respectively the top-tier personal income tax rate would have risen from 35 to 39.6 percent the tax on dividends would have increased from 15 to 39.6 percent the tax on capital gains would rise from 15 to 20 percent the estate tax would return with a top rate in excess of 55 percent the $250 tax credit for teachers would have been eliminated the tax deduction of up to $4000 of college tuition/expenses would be eliminated the first $2400 of unemployment benefits would be rendered taxable; and more. 279 DAYS UNTIL ELECTION DAY 354 DAYS UNTIL JANUARY 20, 2013 [...]

Daily Reminder: January 31, 2012

“I didn’t come here to be partisan, I didn’t come here to be bipartisan. I came here, as did my colleagues, to be nonpartisan, to work for the American people, to do what is in their interest.” Those words were spoken by former House Speaker Nancy Pelosi nearly three years ago today , when she was asked whether the absence of a single favorable vote from Republicans on the stimulus bill which passed the House on January 28, 2009 was a failure on her part to pass the sort of bipartisan bill requested by the Obama White House. If it weren’t so gosh-darned serious, it would be funny. [...]