Friday, April 27, 2012

Walker, the Solution to Americas Problems

Scott Walker has done more for WI in 6 months, than any Governor has in 6 years. Let me take that back, 12 YEARS!
The latest smear is that Walker is somehow responsible for the job loss in WI. Let me straighten this out.
First the Liberal way, then the Conservative way.

Liberal way= Walker inherited the Job loss! He cant do anything about it!

Conservative way= Walker inherited Job killing policy, and he IS doing something about it.

Since day one, Scott Walker has been breaking down the Government monopoly on business and labor. WI is a very anti business pro worker state. The only problem with that is that you have to have a business to be a worker. 
So how do you make it fair? Level the playing field.

Lets start with Government jobs first. Until Act 10 was signed, Big Union would come to a room and self negotiate the terms of everything related to employees. When its time to choose health care coverage, they decide how much the worker receiving the benefit pays, and how much the employer pays. Well, they decided the worker (public worker) pays 0%, and the employer (The Government/Tax Payer) pays 100%
Then they decide which company gets to offer the coverage. Guess who they picked?
THEMSELVES! I wonder if they gave themselves a good deal even though they were not paying for it.

Can you see where the craziness lies (and people call Bankers greedy). At least bankers have to earn customers.

One portion of Act 10 effectively says, "hell no, the taxpayer will not cover 100% of your medical bills. The average private worker pays around 20% so to be fair we will make you pay 12%." (That's still not fair, but its a start.)

The Public employee loses their mind! Why? because its tough being demoted from King to Prince.

Another portion of Act 10 effectively says, we wont allow the Union to Monopolize the coverage so you have to let a board open up bidding to other providers.

In some situations the board stayed with WEA Trust, however they reduced the price significantly because of a little thing called FREE MARKET COMPETITION!

What has this done for WI you ask?
Well in a very short time (within a year) Walker turned a 3 Billion dollar deficit into a 100 Million dollar surplus. RECALL!!!

We are now surpassing 1 BILLION DOLLARS in savings from this one little change. RECALL!!!

Walker has reduced property tax in WI for the first time in YEARS. RECALL!!!

The downside of all of this is that the US economy is not recovering. Obama is making sure of that by circumventing the Congress the people, elected to stop him. In addition, putting federal grant money into solar panels and other horrible investments.
WI has had over a decade of Job killing and Business unfriendly regulations and taxes.

The only thing Walker or Obama can change overnight, is how the government operates. That is what they control. What they cannot do is force businesses to open anywhere. Obama thinks he can but it doesn't work that way. If the people call for it, the business will succeed, if no one wants a product. Like a big solar panel with no ROI, or a $50 light bulb. No one will buy it.

Obama's garden is looking nicer than I thought

Walker has almost finished clearing the garden (WI) of the weeds (Lib Regulation). He has fertilized the soil (Low Taxes). He needs US (Entrepreneurs) to plant the seeds (Businesses) and them to grow (Hire Workers).


Monday, April 23, 2012

I thought it was illegal to threaten to kill someone?

This is sick. I wont write much. However more and more everyday, we are finding out that maybe Zimmerman didn't "hunt and Kill a black kid" he defended himself. I will not say, because he is still on trial! Mob mentality is a left tactic that causes soooo many problems. As far as I am concerned he is innocent until PROVEN GUILTY! Everyone of these people should be arrested and questioned for conspiracy to murder a citizen of the United States. Then fined. ESPECIALLY the celebs that tweeted out home addresses of innocent people not even involved in the case.

Here is what these illiterate degenerates are saying...
Click here for link to Twitchy

Oh and one person wants the Judge dead who set bail
Link



Tuesday, April 17, 2012

Why the Buffett Rule Would Kill Our Economy

First off I want to say how much I love debating the Buffett rule with someone who, A. Doesn't even know what it is (yet has an opinion) and B. Doesn't understand the stock market, investing, or where rich people make their money.


I will break down the Buffett rule in its simplest form. Currently Capital gains are taxed at 15%, the Buffett rule would effectively double that percentage. Here is the basic definition of a Capital Gain A capital gain is a profit that results from investments into a capital asset, such as stocks, bonds or real estate, which exceeds the purchase price. It is the difference between a higher selling price and a lower purchase price, resulting in a financial gain for the investor.


Why is this a bad thing you ask? Especially while most people support raising taxes on the rich? I will explain.

Lets say I (Joe) am make $10,000,000 per year and $9,000,000 of it comes from capital gains, and $1,000,000 is my salary. I would be taxed 30% on my salary and 15% on my capital gains.

Taxes Owed
Salary = $300,000
Capital Gains = $1,350,000

Total Taxes Owed = $1,650,000

Currently, our capital gains tax is competitive with the rest of the world. Meaning the people that make their money off of investments have an incentive to continue to invest in companies within the US, and continue to buy and sell stock in companies. This is essentially what John McCrap failed to show the average Joe when he talked trickle down. If you have a job, it is most likely because some rich person took an investment risk in the guy who started the business you work for.
Part of the decision to take that risk is the return it might yield and at what amount that return would be taxed.

If the Buffett rule went into play, it would put our country at one of the highest capital gains tax brackets in the world (I would pay $2,700,000). To an investor that banks his personal income on investments, that means one thing. Sit on my investments, and start investing out of country. The government cannot tax me on unrealized gains, and American companies do not benefit from my investment money going overseas.


If I sit on the money, not only is it not helping the economy by not circulating, and getting taxed in other areas. The government is not getting any of the taxes at all.

Not to mention, Buffett is the largest tax hypocrite of all time, he is currently in a tax battle over billions while a tax bill with his name on it is being pushed by our President. All in an effort to keep up the smoke screen that is covering his record. Keep in mind that taking 100% of the income of those he attacks still would not cover the deficit he proposes. His own party will not vote for his budgets, nor will they even create one of their own. Dems cannot face the truth that entitlements can not come from the government. But I digress. :-)

We are almost at the point of 50%. Once 50% of the people are on some form of welfare it will be the end of the American dream. Keep in mind their will still be rich people. There will no longer be a middle class.


How about a flat tax of 9% across the board. Lets make the US tax code one page long (front and back if necessary) If you have income weather it be one dollar or a billion you owe 9% on that money. That is the only fair tax.
Or two pages, page two is the active duty military flat tax. Any person receiving pay during active military duty oversees pays 0% on their income. If they are at home they pay 2%.

Why it is so easy for the majority of Americans to think that is ok, is simply because they covet the rich. They think its ok to spend everyone else's money.