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Entries in Wealth Redistribution (14)

Friday
Dec042015

ALG - Congress should reject Obama's $3 billion Green Climate Fund 

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Dec. 3, 2015, Fairfax, Va.—Americans forLimited Government President Rick Manning today issued the following statementurging Congress to include language in the upcoming omnibus spending bill forthe remainder of Fiscal Year 2016 that would block any funds from being used tofinance theUnited Nations (UN) Green Climate Fund:

"Congress should just say no to Obama's$3 billion promise to the UN Green Climate Fund by explicitly stipulatingin the omnibus that no funds shall be spent on it. The reality is that the U.S.commitment to the Green Climate Fund is anticipated to dramatically expand inthe years to come to more than $25 billion annually as part of a $100 billion ayear global wealth transfer to developing economies.

"Sen.Jim Inhofe has been at the forefront of this issue, and we urge Congress tofollow his lead in ensuring that not one taxpayer dollar goes to the UN GreenClimate Fund that will simply redistribute $100 billion a year to developingeconomies.

"We already subsidize developingeconomies with world trade rules that grant special and differential treatment,and the new Paris climate deal will exempt developing economies from thepunitive regulations that the U.S. adheres to. Not to be outdone, then thosesame countries will receive $100 billion a year that U.S. taxpayers willdisproportionately fund. This is just another bad deal, and U.S. taxpayers willhave to pay for it — again. It's time that Congress just say no."

To view online: http://getliberty.org/congress-should-reject-obamas-3-billion-green-climate-fund/

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Americans for Limited Government is a non-partisan, nationwide network committed to advancing free market reforms, private property rights and core American liberties. For more information on ALG please visit our website at www.GetLiberty.org.

Tuesday
Sep152015

Daily Signal - The Redistributive State: How Government Shifts Economic Resources From High- to Low-Income Households 

The Daily Signal

Sept. 15, 2015
Commentary

The Redistributive State: How Government Shifts Economic Resources From High- to Low-Income Households

The left constantly complains about inequality, calling for higher taxes and increased government spending. But a new study from The Heritage Foundation shows that households in the bottom quintile receive $6.87 in government benefits and services for every $1 in taxes paid.

Read More

Commentary

Does Allowing Noncitizens to Be Counted in Redistricting Violate One Person, One Vote Standard?

When states, counties, and towns redraw political districts, is it constitutional for them to include individuals who are ineligible to vote, such as noncitizens?

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News

Refugee Crisis Has European Union Grappling With Its Destiny

The migrant crisis is underscoring the shakiness of a union coming off recent battles over the euro and Greece's financial crisis.

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News

'Safest School in America' Has $400K Security System. Should Other Schools Catch Up?

Monday's incident at Delta State University marks the ninth time that one or more persons have died during a school shooting event in 2015.

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Commentary

What Miss Tennessee Got Wrong About Planned Parenthood and Women's Health

Miss Tennessee got two key facts wrong when she said she supported continuing to fund Planned Parenthood with taxpayer dollars.

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Commentary

What's Missing From the Washington Debate on Criminal Justice Reform

There has been a lot of talk lately on Capitol Hill about criminal justice reform, but reformers are overlooking a key issue.

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The Daily Signal

The Daily Signal is brought to you by more than half a million members of The Heritage Foundation.

Friday
Sep042015

Our-Nation - Enough Is Enough: Dump Trump Now 

September 3, 2015…Dear Friends,

 

The Republican Party, fearful of being outed for being the mindless chumps they are, have aggressively initiated a Dump the Trump campaign. Their present batch of presidential hopefuls, now 17 weak, makes the clowns that ran in 2012 seem like deep thinkers.

 

Trump is a danger to the Republican Party because he shouts what many of them believe, but are cautious enough to never say, much less shout.

 

Trump cut his eye teeth evicting little old ladies from their New York apartments and now wants to evict 11 million Mexican-Americans many of whom are U.S. citizens.


As presently constituted, the Republican Party is an amalgam of racists, bigots, religious fanatics, war mongers, women haters, gun-lovers, greedy rich folk and anti-democratic plutocrats. Seems to me, Trump fits right in. In all of mankind there is no person better suited to be the Republican nominee for the presidency of the United States than the self-styled megalomaniac that is Trump.

 

Meanwhile, bold progressive Democrats like U.S. Senators Bernie and Elizabeth Warren are empowering a second American Revolution that is rapidly gathering momentum. Millions of progressive-minded Americans are insisting on the enactment of the sort of bold progressive legislation needed to restore our middle class, bring jobs back home and provide much needed help to the neediest among us.

 

Unfortunately, make-believe Democrats like Hillary Clinton, who gleefully attended Donald Trump’s wedding, and now may face criminal charges for intentionally destroying some 30,000 emails and willfully playing fast and loose with Top Secret information, refuse to even discuss why we tax the income of working Americans and never tax net surplus wealth.


Taxing net surplus wealth will allow us to eliminate the income tax and do all of the things that desperately need doing in America.

 

While most of us struggle to feed and house our families and educate our kids, the massive Republican  tax cuts for the super wealthy combined with the current income taxation system guarantees that the wealthiest 1% will grow richer, ever richer, while working Americans, grow poorer, ever poorer.

 

To fix to this grossly, unfair, anti-democratic problem, we must replace all income and payroll taxes with a simple Prosperity Revenue Tax (PRT) that consists of:

 

(1)  A  3% consumption tax, with food, education healthcare and other exclusions);

 

(2)  and a 10% tax on giant corporate revenue (not profits);

 

(3)  And, most importantly, a progressive tax on net surplus wealth, starting at .5% for net surplus wealth of $5 million and progressing to 10% for net surplus wealth over $5 billion.

 

The PRT will produce a long-term economic boom by immediately cutting taxes for working Americans by 50% and doubling government funding. Just think about it. No American will ever again pay income or payroll taxes. No more onerous tax forms to fill out, no more onerous record-keeping, no more worries of audits.

 

And, most importantly, the added revenue will be used to pay our national indebtedness and expand our all too meager social safety net.

 

Nevertheless, there are elitist Republicans lie the Clintons and other make-believe Democrats who argue that taxing wealth is theft. What utter nonsense! Conversely, it is the taxing of the income of working Americans that is theft and that is rapidly destroying the American middle class.

 

Meanwhile, radical-right-wing Republican billionaires like the Koch brothers use their inherited surplus wealth to transform our democracy into a plutocracy (rule by the rich).  They are spending hundreds of billions of dollars to bribe our politicians and judges and to flood our media with a constant barrage of Tokyo Rose-type-hype as spewed from the mouths of Rush Limbaugh, Sean Hannity, Bill O’ Reilly and dozens of their lesser known cohorts.

 

Pope Francis says our maniacal-radical-right-wing Republicans suffer from “amnesia of the heart.”  But Pope Francis is way too kind. Greedy sociopaths is what the multi-billionaire radical-right-wingers are as they eagerly pull food stamps from the mouths of millions of our hungry children and with reckless abandon busily promote legislation to revoke the reproductive rights of American women, decimate Social Security, Medicare, Medicaid and the ACA.

 

Enough is enough. Starting immediately we must dedicate ourselves to restoring our democracy and our middle class. That’s why I’ve written Common Sense, a short 100% free book filled with the sort of bold legislative ideas like the Prosperity Revenue Tax that I hope get enough of us fired-up enough and united enough to send the cowardly-radical-right-wing-heartless-haters-of-humankind packing in 2016.

 

Common Sense shows how the PRT will help us evolve from our current healthcare mess to an industrial-strength single-payer health care system (much like most of the rest of the industrialized world), cancel student debt, provide free higher education for all who want it, double Social Security, protect the reproductive rights of women, protect the VA and vastly expand the rest of our all too meager social safety net.

 

I kid you not. It’s not magic. It is merely Economics and Political Science 101 combined. Working as one, we can do it. Find out how by downloading your 100% free copy (donations optional) of Common Sense by sending an email request to:

 Our-Nation@usa.com.

 

Thank you for your interest. Our future is ours to create.



Band together and stay fired-up.Our future is in your hands.
Website: www.Our-Nation,com 

Friday
Sep212012

DNC - Romney Deceptively Edited Redistribution Clip - Cut out Obama Talking About Innovation, Competition, Free Markets 

Key Point: Mitt Romney's campaign this week has pounced on a 14-year-old clip of Obama speaking about "redistribution" in October 1998 at a conference in Chicago, in which the future president seems to extol the virtues of redistributing wealth.

Yet NBC News has obtained the entirety of the relevant remarks, which includes additional comments by Obama that weren't included in the video circulated by Republicans. That omission features additional words of praise for "competition" and the "marketplace" by the then-state senator. 

http://firstread.nbcnews.com/_news/2012/09/19/13971913-in-rest-of-98-clip-obama-speaks-of-competition-and-the-marketplace

In rest of '98 clip, Obama speaks of 'competition' and 'the marketplace'

President Obama is seen speaking at a conference held at Loyola University in October 1998 about city government and public policy, in which then-Illinois state senator talked about making government more efficient.

By Michael O'Brien, NBC News

 

Updated 11:29 p.m. — Mitt Romney's campaign this week has pounced on a 14-year-old clip of Obama speaking about "redistribution" in October 1998 at a conference in Chicago, in which the future president seems to extol the virtues of redistributing wealth.

Yet NBC News has obtained the entirety of the relevant remarks, which includes additional comments by Obama that weren't included in the video circulated by Republicans. That omission features additional words of praise for "competition" and the "marketplace" by the then-state senator. 

In the whole clip, Obama says:

I think the trick is figuring out how do we structure government systems that pool resources and hence facilitate some redistribution because I actually believe in redistribution, at least at a certain level to make sure that everybody's got a shot.  How do we pool resources at the same time as we decentralize delivery systems in ways that both foster competition, can work in the marketplace, and can foster innovation at the local level and can be tailored to particular communities.

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Obama continues in a few words after that to describe the use of tax credits in setting public housing development policy in Chicago as an example before concluding.

The video circulated by Republicans, which has used as fodder for an attack on Obama, includes a longer reflection by Obama about talking about how government action can be effective. But the clip has been cut short after the word "shot;" Obama's words about competition, the marketplace and innovation are omitted from the clip. 

Romney has nonetheless seized upon this clip as his campaign looks to regain its footing after the release of a surreptitiously-recorded video of the GOP presidential nominee speaking at a private fundraiser in May. Romney's campaign has been bogged down in criticism from conservatives and Democrats alike since the release of the clip, in which Romney talks about how he couldn't count on the support of 47 percent of Americans, since they pay no taxes, and are "dependent" on government.

The Republican candidate has used it as campaign fodder as recently as Wednesday.

"This is how America works. It does not work by a government saying, become dependent on government. Become dependent upon redistribution. That will kill the American entrepreneurship that’s lifted our economy over the years," Romney told donors at a fundraiser this afternoon in Atlanta. "The question of this campaign is not who cares about the poor and the middle class? I do.  He does. The question is who can help the poor and the middle class? I can! He can’t!"

Thursday
Sep202012

NHGOP TO OBAMA: REDISTRIBUTION DOESN'T MAGICALLY FIX ECONOMY

Concord, NH- While Governor Mitt Romney is talking about how to make a strong economic recovery, we find out that President Obama would advocate for redistribution and government dependency. No wonder why unemployment in the US is so high. The President's "You didn't build that" attitude continues to show his lack of understanding for the American entrepreneur and the personal sacrifice that goes into building a business. 

"Even though our state's economy continues to outperform the national average, the hardships on small business owners are just as prevalent in New Hampshire," said New Hampshire Republican State Committee Chairman Wayne MacDonald.  "President Obama does not understand the fundamentals of our nation's economy. This is a man who believes that the redistribution of wealth will magically fix the economy and that business owners didn't build their businesses. 

"The success of this country, and the great state of New Hampshire, was built upon small businesses. The increasing regulations and tax hikes on these businesses only makes the foundation crumble. We need a president who will strengthen this foundation. Governor Mitt Romney talks about promoting personal responsibility and hard work, which will lead to an economic recovery, not redistribution and dependency."