Tag Archives: taxes

Lay Off Letter From An Excellent Boss

Dear Employees:

As the CEO of this organization, I have resigned myself to the fact that Barack Obama is our President and that our taxes and government fees will increase in a BIG way.  To compensate for these increases, our prices would have to increase by about 10%. But since we cannot increase our prices right now due to the dismal state of the economy, we will have to lay off sixty of our employees instead.

 This has really been bothering me since I believe we are family here and I didn’t know how to choose who would have to go.

So, this is what I did. I walked through our parking lots and found sixty ‘Obama’ bumper stickers on our employees’ cars and have decided these folks will be the ones to let go. I can’t think of a more fair way to approach this problem. They voted for change…I gave it to them.  I will see the rest of you at the annual company picnic. 

 THE BOSS

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Bar Stool Economics 101

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:

The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.

So, that’s what they decided to do. The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. ‘Since you are all such good customers, he said, ‘I’m going to reduce the cost of your daily beer by $20. Drinks for the ten now cost just $80.

The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free. But what about the other six men – the paying customers? How could they divide the $20 windfall so that everyone would get his ‘fair share?’ They realized that $20 divided by six is $3.33. But if they subtracted that from everybody’s share, then the fifth man and the sixth man would each end up being paid to drink his beer. So, the bar owner suggested that it would be fair to reduce each man’s bill by roughly the same amount, and he proceeded to work out the amounts each should pay.

And so:

The fifth man, like the first four, now paid nothing (100% savings).
The sixth now paid $2 instead of $3 (33%savings).
The seventh now pay $5 instead of $7 (28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 (22% savings).
The tenth now paid $49 instead of $59 (16% savings).

Each of the six was better off than before. And the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings.

‘I only got a dollar out of the $20,’declared the sixth man. He pointed to the tenth man,’ but he got $10!’

‘Yeah, that’s right,’ exclaimed the fifth man. ‘I only saved a dollar, too. It’s unfair that he got ten times more than I!’

‘That’s true!!’ shouted the seventh man. ‘Why should he get $10 back when I got only two? The wealthy get all the breaks!’

‘Wait a minute,’ yelled the first four men in unison. ‘We didn’t get anything at all. The system exploits the poor!’

The nine men surrounded the tenth and beat him up.

The next night the tenth man didn’t show up for drinks, so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill!

And that, boys and girls, journalists and college professors, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.

For those who understand, no explanation is needed.
For those who do not understand, no explanation is possible.

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3 Lumps of Coal in Our Stockings

Lump #1: HEALTH CARE REFORM SELL OUT BRIGADE

The following senators sold their votes for this healthcare crapheap for money and special deals. They should be charged with a crime. Getting money and concessions for their states costs the rest of us more money.

1. Sen. Mary Landrieu (D-La.), sold her health care reform vote for $300 million.
2. Sen. Ben Nelson (D-Neb.) sold his vote for $100 million.
3. Sen. Chris Dodd (D-CT.) sold his vote for $100 million.
4. Sen. Carl Levin (D-MI) exempted his state’s insurance companies from a new $7 billion dollar tax.
5. Sen. Bernie Sanders (D-VT) got a $10 billion grant for community health centers that could perform abortions.
6. Sen. Tom Harkin (D-IA) got an increase in Medicare payments to hospitals in his state.
7. Sen. John Kerry (D-MA) got money for his state’s health care system.
8. Sen. Ron Wyden (D-Ore.) got concessions for insurance companies in his state.
9. Pennsylvania, New York and Florida got protections for their Medicare Advantage.
10. Montana, North Dakota, South Dakota, Utah and Wyoming got “FrontierFreebies” an increase in Medicare Payments to rural hospitals and doctors.
11. Sen. Barbara Mikulski (D-MD) said “I didn’t get the money for my state. I was too stupid.”

Here’s a great article with in-depth details on exactly who got what:

http://www.sodahead.com/united-states/if-health-care-reform-is-right-for-america-why-did-15-senators-need-bribes-who-exactly-got-what/blog-220861/

Please also note there’s language in the bill that binds future Congresses from changing it. See this write up for further details: http://blog.heritage.org/2009/12/23/beyond-the-constitution-the-healthcare-bill-violates-the-rule-of-law/?utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell

 And, here’s one of the major Democrats pushing for the legislation, Max Baucus, apparently drunk on the Senate floor while debating it: http://www.youtube.com/watch?v=M5Y9X5ggxzA&feature=player_embedded

In the end, it sure seems clear to me that this bill has nothing to do with reforming healthcare (the left and the right are furious about it), and everything to do with putting an additional 1/6 of our economy under the control of the government (in addition to the financial services sector and auto manufacturing). Speaking of financial services, please see coal lump #2 below:

Lump #2: Surprise Gift from Tax Cheat Tim Geithner!

The Treasury announced Thursday it was removing the caps that limited the amount of available capital to Fannie Mae and Freddie Mac to $200 billion each.

Unlimited access to bailout funds through 2012 was “necessary for preserving the continued strength and stability of the mortgage market,” the Treasury said.

Fanny and Freddie have essentially been given a blank check. The new package that will also pay Fannie Chief Executive Officer Michael Williams and Freddie CEO Charles Haldeman Jr. as much as $6 million a year, including bonuses. Remember that “Wall Street Fat-Cat” remark Obama made in his scolding speeches about the greedy financial services sector? Clearly a bunch of baloney.

More info on this story here: http://online.wsj.com/article/SB126168307200704747.html

Lump # 3: International Police Operating in US Now Exempt From Our Laws

On 12.17, President Obama issued an executive order removing the Reagan limitations. That is, Interpol’s property and assets are no longer subject to search and confiscation, and its archives are now considered inviolable. This international police force (whose U.S. headquarters is in the Justice Department in Washington) will be unrestrained by the U.S. Constitution and American law while it operates in the United States and affects both Americans and American interests outside the United States.

Why would we elevate an international police force above American law? Why would we immunize an international police force from the limitations that constrain the FBI and other American law-enforcement agencies? Why is it suddenly necessary to have, within the Justice Department, a repository for stashing government files which, therefore, will be beyond the ability of Congress, American law-enforcement, the media, and the American people to scrutinize?

Remember, Obama has said in several speeches he wants a civilian national security force as large, and as well funded, as the military. I guess an international police force operating in America is close enough for him.

 http://www.examiner.com/x-3704-Columbia-Conservative-Examiner~y2009m12d26-US-placed-under-international-policestate

http://www.whitehouse.gov/the-press-office/executive-order-amending-executive-order-12425

So while the Obama’s decided once again to skip church services (for Christmas), take heart that “gift giving” is still an integral part of their holiday celebration.

One Last Thing…

While our elected employees are running around enacting legislation and executive orders that do more harm than good to we average citizens, please review the attached link to see how terrible they also are at protecting the homeland: http://blog.heritage.org/2009/12/28/morning-bell-the-system-failed/

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Meet the Mob

With 4 kids, helping to plan Recess Rally protests, and volunteering for Dan Proft’s campaign for Illinois governor, I haven’t had time to post much lately. However, I will link to a wonderful post here in preparation for any townhalls and other protests upcoming. I will also be linking to this blog regularly. Enjoy the laugh before we hit the streets!

http://thedanashow.wordpress.com/2009/08/06/meet-the-mob/

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Money to Buy Cupcakes

During Obama’s townhall meeting today, stumping (OK, lying) about the healthcare reform bill being rammed through Congress before the August recess, he took the time to explain (OK, lie) to us about what he’s done to help the economy that he continually claims Bush destroyed before leaving office.  Obama brags, “Less than one month after taking office we enacted the most sweeping economic recovery package in history.  And, by the way, we did so — we did so without any earmarks or wasteful pork barrel projects, pet projects that we’ve become accustomed to.” Actually, let’s review a breakdown of that glorious economy recovery act as examined by the National Review:

Only 13% actually had anything to do with simulating the economy. The remaining 87 percent went to pet projects and boondoggle programs, such as $4.2 billion for neighborhood stabilization activities, to pay off Obama’s storm troopers, ACORN, as well as:

$50 million for the National Endowment for the Arts;

$650 million for digital-TV coupons;

$87 million for a ship that breaks polar ice (I thought global warming was taking care of that?)

$600 million to convert the federal auto fleet to hybrids;

$450 million for NASA to engage in climate-research missions;

$600 million for NOAA to engage in climate modeling;

$1 billion for the Census Bureau.

Now apparently my earnings don’t qualify for this tax cut Obama espouses, which supposedly shows up in each paycheck v. the lump sum most of us received last year (last year my earnings qualified…but I guess I am considered rich now and must sacrifice to spread the wealth around). In any event, whoever receives this tax relief should be happy to know that Obama declared today that you now have “money in your pocket to buy cupcakes and other necessities of life”. I guess the rest of us will just have to forego dessert.

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