Gillibrand: Here’s an Idea, Let’s Raise Social Security Taxes on the Middle Class

October 25, 2012 at 10:29 am (Kirsten Gillibrand, Middle Class, New York, Small Business, Social Security, Taxes, Wendy Long)

The following is a press release from Wendy Long’s campaign:

It’s well known that Senator Gillibrand supports raising income taxes on individuals and small businesses, making over two hundred and fifty-thousand dollars, now she apparently wants to raise Social Security taxes on them too.

Gillibrand told the Poughkeepsie Journal Editorial Board that she would support raising or even eliminating the social security wage base (sswb) ensuring that middle income and small business owners especially those on Long Island, the Hudson Valley and the New York metro region will pay even higher taxes.

Gillibrand said, “One idea would be that we put in less off your first hundred thousand maybe 5 percent or 4 percent or less and then apply that to all income levels, or apply that to income levels above two hundred and fifty thousand.”

U.S. Senate candidate Wendy Long said, “Another day, another proposed tax increase from Senator Gillibrand. Many hardworking New York families look forward to that day when their Social Security payment ends and they get to take home a few more bucks of pay but Senator Gillibrand wants to make sure that day never comes for middle class and small businesses.”

Currently the Social Security wage base is set at $110,100. Gillibrand proposes to simply eliminate that cap entirely or eliminate it for those with incomes over two hundred fifty thousand dollars. Either way the impact on already burdened self employed, small businesses and middle – income taxpayers will be devastating.

Long added, “Self employed New Yorkers and small business owners who are already struggling to compete with the highest tax burden in America will be especially hard hit by this proposal. ”

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Joe Biden Stumbles Onto the Truth: ‘Middle Class Has Been Buried the Last Four Years’

October 3, 2012 at 9:00 am (Economy, Jobs, Joe Biden, Last Four Years, Middle Class, Mitt Romney, President Obama, Taxes)

This is going to pose a significant challenge for Team Obama heading into a possible second term.  They’ve been programmed and conditioned to blame everything that ails our country on the previous administration, but doing so in a second term would actually mean taking credit for their failures.

And the cracks have already started showing, with Joe Biden saying this yesterday:

It didn’t take long for Mitt Romney to agree that yes, the Middle Class has been buried under Obama:
And here is your proof that, yes, Joe Biden was actually right about something…
Vice President Biden Said The “Middle Class … Has Been Buried In The Last Four Years.” BIDEN: “This is deadly earnest. How they can justify, how they can justify, raising taxes on the middle class that has been buried in the last four years.”(Vice President Joe Biden, Remarks, Charlotte, NC, 10/2/12)
·         Buried Under More And More Debt: Since President Obama took office, the national debt has surpassed $16 trillion – an increase of $5.4 trillion. (U.S. Treasury Department, Accessed 10/2/12)
·         Buried Under Falling Incomes: “Median household incomes have fallen 8.2 percent since President Obama took office and continue to drop despite the official end of the  recession, a new study shows. Data compiled by Sentier Research found that since the economic recovery technically began in June 2009, median household income has dropped 5.7 percent.”(“Household Income Down 8.2 Percent Since Obama Took Office, Study Shows,” Fox News, 9/26/12)
·         Buried Under High Unemployment: More than 23 million Americans are unemployed, underemployed, or have stopped looking for work. (Bureau Of Labor Statistics, www.bls.gov, 10/2/12)
·         Buried Under Rising Gas Prices: Under President Obama, gas prices have more than doubled from $1.85 per gallon to $3.80 per gallon. (U.S. Energy Information Agency, 10/2/12)
What Would Four More Years Of President Obama Mean For The Middle Class? More Debt And Higher Taxes:
AEI Has Calculated That The Annual Cost Of President Obama’s Current And Looming Debt Burden Amounts To $4,000 Per Year In Higher Taxes On The Middle Class. “In a new paper, AEI’s Matt Jensen looks at the real annual cost of servicing the debt for households at various levels of income — including a potentially higher tax burden. As the table below illustrates, a household making between $100,000 and $200,000 a year could find its tax liability higher by roughly $2,400 every year. Over ten years, that works out to $24,000. And when you add in the debt already accrued the past four years under President Obama (the second table), that’s another $1,600 a year. So now we are now talking about $4,000 a year, $40,000 over ten years.” (James Pethokoukis, “Study: Obama’s Big Budget Deficits Could Mean A $4,000 A Year Middle-Class Tax Hike,” American Enterprise Institute, 10/2/12)

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New Romney Ad: Too Many Americans

September 26, 2012 at 7:19 am (2012 Election, Economy, Food Stamps, Jobs, Middle Class, Mitt Romney, Poverty, President Obama, Too Many Americans)

Today, Romney for President released a new television advertisement titled “Too Many Americans.” Too many Americans are struggling to find work or are living paycheck to paycheck. Mitt Romney will create 12 million new jobs over the next four years and help lift families out of poverty, while strengthening the middle class. We can’t afford another four years like the last. 

AD FACTS: Script For “Too Many Americans”:
MITT ROMNEY: “Too many Americans are struggling to find work in today’s economy. Too many of those who are working are living paycheck to paycheck, trying to make falling incomes meet rising prices for food and gas. More Americans are living in poverty than when President Obama took office and 15 million more are on food stamps. President Obama and I both care about poor and middle-class families. The difference is my policies will make things better for them. We shouldn’t measure compassion by how many people are on welfare. We should measure compassion by how many people are able to get off welfare and get a good paying job. My plan will create 12 million new jobs over the next four years—helping lift families out of poverty and strengthening the middle class. I’m Mitt Romney and I approve this message because we can’t afford another four years like the last four years.”


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CBO: Obamacare Raises Taxes on Middle Class

September 20, 2012 at 12:00 pm (Economy, Healthcare, Middle Class, Obamacare, Obamatax, Penalty, Penalty Tax, President Obama, Taxes)

“With every passing day, more evidence mounts that Obamacare is a costly disaster. Yesterday the CBO informed us that even more of the middle-class families who President Obama promised would see no tax increase will in fact see a massive tax increase thanks to Obamacare. The American people do not want this law, we cannot afford this law, and when Mitt Romney is president he will repeal it and replace it with common-sense, patient-centered reforms that strengthen our health care system.” – Amanda Henneberg, Romney Campaign Spokesperson
To View This Press Release Online, Click Here: http://mi.tt/UgLiTP
Yesterday, The Congressional Budget Office Issued A Report Estimating That Obamacare Will Raise Taxes On Nearly Six Million Americans:
The Congressional Budget Office Estimates Nearly 6 Million Americans Will Get Hit With Obamacare’s Tax Increase.“Congressional budget analysts are now estimating that nearly 6 million Americans — most of them in the middle class — will have to pay a tax penalty for not getting health insurance once President Barack Obama’s health care law is fully in place.” (“Tax Penalty To Hit Nearly 6M Uninsured People,” The Associated Press, 9/19/12)
CBO’s Latest Estimate Found That 2 Million More Americans Would Experience A Tax Hike Because Of Obamacare.“The earlier estimate found 4 million people would be affected in 2016, when the penalty is fully in effect. The difference — 2 million people— represents a 50 percent increase.” (“Tax Penalty To Hit Nearly 6M Uninsured People,” The Associated Press, 9/19/12)
And It’s The Middle Class That Will Be Hurt By Obamacare’s Tax Hike – A Violation of President Obama’s Pledge To Not Raise Taxes On The Middle Class:
The CBO Analysis Found That “Nearly 80 Percent Of Those Who’ll Face The Penalty” Are In The Middle Class.“Nonetheless, in his first campaign for the White House, Obama pledged not to raise taxes on individuals making less than $200,000 a year and couples making less than $250,000. And the budget office analysis found that nearly 80 percent of those who’ll face the penalty would be making up to or less than five times the federal poverty level.” (“Tax Penalty To Hit Nearly 6M Uninsured People,” The Associated Press, 9/19/12)
In 2016, 4.7 Million Americans – Who Live In Families That Earn Up To $123,000 Per Year – Will Be Subjected To The Individual Mandate Tax In Obamacare. (“Payments Of Penalties For Being Uninsured Under The Affordable Care Act,” Congressional Budget Office, 9/12)
  • 600,000 Americans – Who Live In Families That Earn Less Than The Federal Poverty Level Of $24,600 Per Year – Will Be Subjected To The Individual Mandate Tax In Obamacare. (“Payments Of Penalties For Being Uninsured Under The Affordable Care Act,” Congressional Budget Office, 9/12)
  • 1.2 Million Americans – Who Live In Families That Earn Between $24,600 And $49,200 Per Year – Will Be Subjected To The Individual Mandate Tax In Obamacare. (“Payments Of Penalties For Being Uninsured Under The Affordable Care Act,” Congressional Budget Office, 9/12)
  • 1.2 Million Americans – Who Live In Families That Earn Between $49,200 And $73,800 Per Year – Will Be Subjected To The Individual Mandate Tax In Obamacare. (“Payments Of Penalties For Being Uninsured Under The Affordable Care Act,” Congressional Budget Office, 9/12)
  • 1.1 Million Americans – Who Live In Families That Earn Between $73,800 And $98,400 Per Year – Will Be Subjected To The Individual Mandate Tax In Obamacare. (“Payments Of Penalties For Being Uninsured Under The Affordable Care Act,” Congressional Budget Office, 9/12)
  • 600,000 Americans – Who Live In Families That Earn Between $98,400 And $123,000 Per Year – Will Be Subjected To The Individual Mandate Tax In Obamacare. (“Payments Of Penalties For Being Uninsured Under The Affordable Care Act,” Congressional Budget Office, 9/12)
FLASHBACK: Candidate Obama, In 2008: “Under My Plan, No Family Making Less Than $250,000 Will See Their Taxes Increase … Not Any Of Your Taxes.” OBAMA: “And I can make a firm pledge: under my plan, no family making less than $250,000 will see their taxes increase – not your income taxes, not your payroll taxes, not your capital gains taxes, not any of your taxes..” (Senator Barack Obama, Remarks, Dover, NH, 8/12/08)
  • During Debates Over Obamacare, The Obama White House Emphasized That President Obama’s Middle-Class Tax Pledge “Didn’t Come With Caveats.” REPORTER: “The President’s opposition to tax increases for the middle income.  Does that apply to the health care bill, and specifically to this idea about taxing health insurance premiums?” ROBERT GIBBS: “Taxing?” REPORTER: “Health insurance premiums.” GIBBS:  “Well, I mean it’s — the statement didn’t come with caveats.” (Press Briefing By Press Secretary Robert Gibbs, Washington, D.C., 4/15/09)

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Romney Outlines Plan For Energy Independence

August 23, 2012 at 5:00 am (Economy, Energy, Energy Independence, Gas Prices, Middle Class, Mitt Romney, New Mexico, Resources, Superpower)

During a visit to Watson Truck & Supply in Hobbs, New Mexico, Mitt Romney will present a crucial component of his Plan for a Stronger Middle Class: a comprehensive energy strategy to achieve North American energy independence by 2020 and establish America as an energy superpower in the 21st century.

From analysts at Citigroup and Raymond James, to experts at think tanks like the Manhattan Institute, to scholars at the Harvard Kennedy School, there is a growing consensus that energy independence can become a reality. The widespread benefits of embracing the development of America’s natural resources will be felt across the nation and spur the economic recovery that Americans are still waiting for.
The Romney Agenda:
·         Federal Lands: Empower States To Control Onshore Energy Development
·         Offshore Areas: Open Offshore Areas For Energy Development
·         North America: Pursue a North American Energy Partnership
·         Resource Evaluation: Ensure Accurate Assessment Of Energy Resources
·         Regulatory Reform: Restore Transparency And Fairness To Permitting And Regulation
·         Innovation: Facilitate Private-Sector-Led Development Of New Energy Technologies
The Results:
·         More than three million new jobs, including over one million in manufacturing
·         An economic resurgence adding more than $500 billion to GDP
·         A stronger dollar and a reduced trade deficit
·         More than $1 trillion in revenue for federal, state, and local governments
·         Lower energy prices for job creators and middle-class families
·         National security strengthened by freedom from dependence on foreign energy supplies
The Romney campaign released a white paper demonstrating the potential to achieve energy independence by 2020, highlighting the extraordinary benefits for the middle class that would accompany such an achievement, and detailing the policies he will pursue in support of this agenda.

Energy Policy White Paper 8.23

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Romney Hammers Obama on Unemployment Rate – "America Can Do Better"

August 3, 2012 at 11:00 am (2012 Election, 8.3, America Can Do Better, Economy, Jobs Report, Middle Class, Mitt Romney, President Obama, Ugh, Underemployment, Unemployment)

When will America grow weary of the Obama administration having to constantly find a silver lining in the monthly jobs reports?  Wouldn’t you rather have flat-out positive employment news, as opposed to having to find a glimmer of hope in a sea of economic despair?

The U.S. economy closed out an otherwise weak second quarter by creating more jobs than expected, with 163,000 new positions added, but the unemployment rate rose to 8.3 percent.

Markets reacted positively to the announcement, with stock futures indicating gains at the Wall Street open. Economists had been expecting 100,000 new jobs.

As the country struggles to gain growth traction, the unemployment rate held above 8 percent for the 41st consecutive month, according to the latest report from the Bureau of Labor Statistics.

The silver lining of course is the statement that more jobs were created “than expected”.  Roughly every job report since Obama took office has produced numbers that were unexpected.  But the numbers are almost always consistently revised downwards – quietly – a month later.  Case in point, this jobs report also stated, “June’s anemic 80,000 gain was revised down to just 64,000.”

Romney responded to the record unemployment numbers under the Obama administration:

“Today’s increase in the unemployment rate is a hammer blow to struggling middle-class families. Yesterday I launched my Plan for a Stronger Middle Class that will bring more jobs and more take home pay. My plan will turn things around and bring the economy roaring back, with twelve million new jobs created by the end of my first term. President Obama doesn’t have a plan and believes that the private sector is ‘doing fine.’ Obviously, that is not the case. We’ve now gone 42 consecutive months with the unemployment rate above eight percent. Middle class Americans deserve better, and I believe America can do better.”

Can we return middle class America to prosperity?  Romney thinks so, we think so.  Here’s the plan…

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Report: Obamacare is a "Big Tax, Particularly on the Poor"

July 26, 2012 at 7:00 am (Big Tax, Healthcare, Healthcare Costs, Middle Class, Obamacare, Obamatax, Poor, President Obama, Rich, Supreme Court, Tax)

Just another sobering reminder that the President’s healthcare plan is a burden on people at every income level.  While the administration would like to play semantics on calling it a penalty, the rest of the nation, in light of the recent Supreme Court decision, recognizes the massive tax implications of Obamacare – and now we’re learning that the effects will be economically devastating on one class in particular that the President claims to be a champion for … the poor.

The Daily Caller reports:

The penalty imposed by the Affordable Care Act on citizens who elect not to purchase health insurance will be at least $1,000 for most people, and more than $12,000 for high-income earners, according to an analysis by the nonpartisan Tax Foundation.

“We can see that this is a big tax, particularly on the poor,” writes the Tax Foundation’s William McBride. “Higher income families generally pay a higher amount, but actually a smaller percent of their income, making this a regressive tax.”

For example, the penalty for a family of four earning $20,000 will be $2,085, more than 10 percent of its income, according to the Tax Foundation — whereas a family of four making $100,000 will only have two percent of its income taken away by the government.

A regressive tax for a regressive regime.  Why the War on the Poor, Mr. President?

The report then goes on to say that implementation of the individual mandate would have a negative impact on the economy, with people trying to shield their income from the new tax by “working less”.

An unemployment rate at 8.2%, an underemployment rate at nearly 15%, and the implementation of the President’s healthcare plan is going to cause people to ‘work less’ to avoid paying more.

Aren’t people already working less because of the President’s economic policies?

Obama.  Isn’t.  Working.

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Romney: President’s Practice of Rewarding Friends and Campaign Contributors With Government Money "Stinks to High Heaven"

July 16, 2012 at 10:04 am (Campaign Contributors, Corruption, Crony Stimulation, Economy, Layoffs, Middle Class, Mitt Romney, Payoffs, President Obama, Steve Doocy, Stimulus)

Mitt Romney went on Fox and Friends this morning to discuss the President’s record of political payoffs, while the middle class suffers significant layoffs.  Regarding Obama’s penchant for rewarding political allies with government funds, particularly the numerous examples that have been seen with rewards from the stimulus, Romney said the practice is flat-out “wrong” and “stinks to high heaven”.

Transcript:

Steve Doocy:  “I read in the Washington Post this morning that you want to draw attention to Obama’s political payoffs versus the middle class layoffs where you say, if you are a donor to the Obama camp you are going to do just fine. However if you are in the middle class Governor, your camp says, you got to worry about your job.” 

Mitt Romney: “There is no question but that when billions upon billions of dollars are given by the Obama Administration to the businesses of campaign contributors, that is a real problem particularly at a time when the middle class is really suffering in this country. I don’t know whether you watched over the weekend, the report that was in The New York Times about families really struggling particularly those that are single parents that are just having a hard time making ends meet. This is a tough time for the people of America. But if you are a campaign contributor to Barack Obama, your business may stand to get billions of dollars or hundreds of millions of dollars in cash from the government. I think it’s wrong. I think it stinks to high heaven and I think the administration has to explain how it is they would consider giving money to campaign contributors’ businesses.” 

Here’s the video of that exchange…

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Political Strategist: Obama’s Buddies Get Money While the Middle Class Faces Layoffs

July 15, 2012 at 12:14 pm (Barack Obama, CNN, Economy, Ed Gillespie, Green Jobs, Layoffs, Middle Class, Pink Slips, President Obama, State of the Union)

Romney Senior Adviser, Ed Gillespie, recently appeared on CNN’s State of the Union to explain how the economy works under President Obama (video below).

Essentially, the President’s friends and political supporters get green jobs and greenbacks, while the middle class is left holding onto items of a different color – pink slips.

Transcript:

“Exactly. What they’re seeing is if you’re a political donor to Barack Obama, you’re going to do fine because you’re going to get a payoff. If you’re a middle class worker, you’re in jeopardy, you’re facing a layoff. That’s the kind of economy we’re seeing with President Obama. His buddies do well, political supporters do well, they get green jobs, money, and they get stimulus dollars. If you’re a middle class worker, you’re struggling right now and Mitt Romney can make things better for you and he has a plan to do and that’s what we’re talking about while President Obama is trying to talk about everything but.”

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Democrats Now Sending Staffers to Stalk Republican Opponents

July 9, 2012 at 11:41 am (2012 Election, Campaign, Democrats, Grocery Shopping, Home, Middle Class, Poor, Republicans, Rich, Staffers, Stalking, Video)

Politico is reporting on a disturbing new trend, in which Democrat campaign staffers are going to Republican official’s homes with camera in tow, and posting the video on the internet.

Politicians recognize they give up a degree of privacy when they run for office.

But Democrats are testing the outer limits of that understanding with a practice that raises questions about when campaign tracking becomes something more like stalking.

While most serious campaigns on both sides use campaign trackers — staffers whose job is to record on video every public appearance and statement by an opponent — House Democrats are taking it to another level. They’re now recording video of the homes of GOP congressmen and candidates and posting the raw footage on the Internet for all to see.

That ratcheting up of the video surveillance game is unnerving Republicans who insist that even by political standards, it’s a gross invasion of privacy. Worse, they say, it creates a safety risk for members of Congress and their families at a time when they are already on edge after a deranged gunman shot former Arizona Democratic Rep. Gabrielle Giffords 18 months ago.

Yes, privacy is diminished when running for public office, but this goes beyond any acceptable level of decorum.  Politico’s assertion that this somehow blurs the line is false however.  There is no question that the line has been crossed – these actions are flat-out stalking.

The report even goes on to interview a congressman who was videotaped while shopping for groceries, another who had people crouching in their bushes, and another who had video of their parents home publicly posted.

The most shocking aspect of the report isn’t simply the act of stalking political opponents.  While you and I might see these videos and become unnerved about their potential use by somebody with a deranged agenda, the Democrats think otherwise – they insist it is all fair game.

They say showcasing the homes — most of which are spacious and neatly maintained —underscores what will be a key avenue of attack for the party this fall: communicating that Republicans just can’t relate to economically struggling voters.

“House Republicans have spent this entire Congress trying to hide that they’re protecting benefits for millionaires and perks for themselves instead of protecting the middle class, but we won’t let them keep it secret any longer,” Democratic Congressional Campaign Committee spokesman Jesse Ferguson wrote in an email.

Democratic officials said placing the videos on the DCCC’s website and YouTube serve a useful purpose, most notably making the footage available to friendly outside groups for use in TV commercials. That way, they don’t violate laws against coordinating with those groups.

Oh the horror of a spacious and neatly maintained home!

It’s unclear how videotaping somebody grocery shopping demonstrates a willingness to protect benefits for millionaires while leaving the middle class to fend for themselves. 

See?  This guy doesn’t choose the generic brand of Frooty Tooties … um … 1 percenter!  Koch brothers!  Tax the rich!

Call it what it is … Democrats have turned to stalking in a desperate attempt to win elections.

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