Cadillac healthcare tax

President Obama sure sounded like he was for the everyman on the campaign trail when he pledged ‘no taxes’ on 95% of working Americans. Of course, he doesn’t seem to count indirect taxation as a tax. For example, when he breaks his promise and decides to go through with a tax on so called Cadillac insurance plans, that is a tax on millions of Americans.  And contrary to popular belief, subscribing to a Cadillac plan doesn’t necessarily mean you are a fat cat millionaire.

The current decade long cooling trend has thrown a wrench into the alarmists trying to sell America the ‘we are burning up’ tale. It’s a little tough to buy that the globe is warming when there is snow in Florida. So, progressives do what they do best and change the argument. No longer is it global warming, it’s climate change. It’s an old trick and they are doing it again.

Remember how politicians reacted when gas prices skyrocketed? They called out the greedy fat cats from ‘big oil’ and threatened to confiscate their ‘windfall’ profits.  President Obama is again threatening the banks with a massive tax to penalize those evil bankers for any profits they make. But what happens when news breaks that The Fed had a record breaking year and made more in windfall profits than Exxon Mobil? You guessed it.

Cap and Trade

Extension of Van Jones’ Green Jobs?

Politicians love cap and trade because they can claim to be taxing “polluters,” not workers. Hardly. Once the government creates a scarce new commodity — in this case the right to emit carbon — and then mandates that businesses buy it, the costs would inevitably be passed on to all consumers in the form of higher prices. Stating the obvious, Peter Orszag — now Mr. Obama’s budget director — told Congress last year that “Those price increases are essential to the success of a cap-and-trade program.”

Hit hardest would be the “95% of working families” Mr. Obama keeps mentioning, usually omitting that his no-new-taxes pledge comes with the caveat “unless you use energy.” Putting a price on carbon is regressive by definition because poor and middle-income households spend more of their paychecks on things like gas to drive to work, groceries or home heating.

Windfall tax-top 1% need to pay more. Banks pay more in taxes, but you end up paying the taxes in the form of fees. Banks already put caps on loans, credit, and added fees, so how can Pelosi approve such a program. Just an extension of the Bailout problems-govt. wants more money-means customers will pay more

STIMULUS NEPOTISM:

A White House official who is overseeing the weatherizing aspects funded by the stimulus chose the little known window company her husband just happens to work at. Conflict of interest? Unfortunately for the White House, John Stossel uncovered the shameless connection. http://newsbusters.org/blogs/rusty-weiss/2010/01/13/white-house-can-t-keep-track-jobs-saved-or-lies-told

DDF