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OCTeaParty

active 13 hours, 2 minutes ago
Richard Michael

active 1 day, 10 hours ago
Susan Mohr - - "Yay…we’re back in business! Thanks Everett […] "View

active 2 days, 15 hours ago
Frederick Meekins

active 5 days, 3 hours ago
admin - - "NEW YORK REPUBLICAN PARTY ENDORSES OBAMA’s GUN LAWS & SOCIALISM WHERE IT IS NOW STATE LAW […] "View

active 3 weeks, 4 days ago
Jonathan renfroe

active 2 months, 2 weeks ago
Ed Yakush

active 2 months, 3 weeks ago
wilson-county-tea-party

active 5 months ago
larryc

active 5 months, 1 week ago
Kim - - "The Beloit Patriots Meeting went very well. Chad Kent talked about separation of powers in the Constitution and the candidates all introduced themselves and spoke on the issues most important to them. We have some good candidates in Wisconsin this election. Please get out and vote in the primaries and change the political landscape in November. We have got to get our country […] "View

active 8 months ago
Victor Laslow - - "Debt Free America Act A WOLF IN SHEEP’S CLOTHING! How else can one describe a bill that implies it will repeal the personal income tax? As I see it first and foremost this tax will not be a *”TENTATIVE 1%” tax on every dollar earned. The fact in most every case it will be no less than 2% on everything you earn and in many cases 3% or more. Though it states the rate is only 1% this tax will in most cases be doubled or tripled. Every transaction will be taxed @ 1%. When you deposit your paycheck or cash into a checking account you will be taxed @ 1% and will be taxed again @1% when you withdraw any funds no mater what it is for. Triple that? Take for example you deposit funds into a savings account taxed @ 1% now you transfer funds from your savings to your checking account you are taxed again @1% then you write a check to pay a bill and guess what that same funding is taxed again @1%. In this case you have been taxed 3 times on the one income. There is no wording in this bill to protect against this. In fact it appears this bill’s intention is to multi tax the individual and to redistribute money, an attempt to pay off the national debt and maintain entitlements at the same time. The Progressives will not give in easily. In my opinion this bill’s intention is to lead one to believe it will eliminate the national debt and repeal the income tax laws SEC 6(b) “Repeal of Alternative Minimum Tax for Individuals” but instead restructures it using the term “Phaseout”. The income tax will still be in effect under different wording and still be determined by income, see section 4 line (b) “Phaseout Based on Adjusted Gross Income-“. The bill states that the income tax will be gone by December 31, 2017. But SEC 8 (6) reads that they** will “make determinations and recommendations for methods of phasing out the income tax on individuals before its repeal under section 4 in a manner which is consistent with the purposes described in section 2(b)(3).” SEC 2 (b)(3) reads “is INTENDED*** to raise sufficient revenue to eliminate the national debt, which was $10.6 trillion in January 2009, during a period of 7 years and to phase out the income tax on individuals”. Yet in SEC 8 (3) “assess the transaction fee established under this Act as a tool of Federal fiscal policy, including an impact analysis on the elimination or retention of existing tax expenditures, incentives, penalties, and credits, including– (A) the earned income credit, (B) the alternative minimum tax, (C) the child tax credit, and (D) the deduction for mortgage interest,” This appears to contradict the supposed repeal of the income tax law as under SEC 8 the Treasury secretary and the Fed chairman will still have the authority to determine impact on or the need for the “alternative minimum tax” (INCOME TAX) along with how the funding will be spent. In no section or line did I find that the Income tax will definitely be repealed? This bill to me reads that its presumption is to relieve the US from debt but only creates another bureaucracy that will raise taxes and have control on any and all taxes raised by the government and empowers the IRS as a police to enforce its policies. It changes nothing as far as who pays income taxes as lower income earners pay zero and receive entitlement dollars through earned income credits, this is also addressed in this bill and not as one might think. It is another instrument in the progressive’s redistribution of wealth. And will be supervised by SEC 8(a) “The Secretary of the Treasury, in consultation with the Chairman of the Federal Reserve” Yes everyone from every income bracket will pay their 1% on every transaction but the lower or non income earners can be reimbursed through earned income credits. Leaving only people who invested their earnings, saved or work harder to earn a better living and lifestyle for them selves to pay higher taxes and support a Progressive nanny state. In my mind it is with out any doubt entitlements will be increased as the Task Force created by this bill will have the authority to do so. This in no way will be a fair tax. Obama’s promise not to raise taxes on anyone earning under $250,000.00 will be circumvented. The Task Force will have the authority to determine “elimination or retention of existing tax expenditures, incentives, penalties, and credits” (Can “credits” also be interpreted as “alternative minimum tax”?) Thus be retained and if so what tax rate will be imposed on the individual in addition to the 1% transaction tax? This bill leaves too many questions. *TENTATIVE MEANING IT CAN BE RAISED TO 2% OR MORE. **(they)“The Secretary of the Treasury, in consultation with the Chairman of the Federal Reserve” *** Intended does not mean it will actually change but only an attempt be […] "View

active 9 months ago
Larry Corell

active 1 year ago
Gregory Kennard

active 1 year, 1 month ago
Shepard

active 1 year, 1 month ago
BobTuskin

active 1 year, 1 month ago
AWG

active 1 year, 1 month ago
Dianna Cotter

active 1 year, 1 month ago
Dr. Richard Swier

active 1 year, 1 month ago
Ken Crow

active 1 year, 1 month ago
Dr. Phil

active 1 year, 1 month ago

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