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epub President Obama's Tax Piracy: Custer, Pickett and the Goats of West Point (Encounter Broadsides) download

by Peter Ferrara

  • ISBN: 1594035563
  • Author: Peter Ferrara
  • ePub ver: 1471 kb
  • Fb2 ver: 1471 kb
  • Rating: 4.3 of 5
  • Language: English
  • Pages: 48
  • Publisher: Encounter Books; First American Edition edition (October 26, 2010)
  • Formats: docx azw mbr txt
  • Category: Politics
  • Subcategory: Politics & Government
epub President Obama's Tax Piracy: Custer, Pickett and the Goats of West Point (Encounter Broadsides) download

1, 2011, President Obama’s economic recovery policy will begin the implementation of comprehensive. Basically, the fundamental flaw in the Obama tax policy is that it assumes that spending is what drives economic development

1, 2011, President Obama’s economic recovery policy will begin the implementation of comprehensive. Basically, the fundamental flaw in the Obama tax policy is that it assumes that spending is what drives economic development. It is not. What drives development is saving and investing. The president has proposed raising the corporate income tax to 40% when most countries around the world are cutting back to 12%.

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You are browsing: All President Obama's Tax Piracy: Custer, Pickett and the Goats of West Point. Foyalty 15. President Obama's Tax Piracy: Custer, Pickett and the Goats of West Point (Paperback). In this insightful Broadside, Peter Ferrara shows that while President Reagan's tax policies created a 25-year economic boom, the Obama tax tsunami will sink the economy further if it is not stopped. It will produce a double-dip recession in 2011, if not a full economic crash. President Obama's tax policies are effectively tax piracy, and they are more likely to lose revenue and leave bigger federal deficits and debt for the country.

President Obama's Tax Piracy. Custer, Pickett and the Goats of West Point. Books related to President Obama's Tax Piracy. series Encounter Broadsides. In this insightful Broadside, Peter Ferrara shows that while President Reagan’s tax policies created a 25-year economic boom, the Obama tax tsunami will sink the economy further if it is not stopped. President Obama’s tax policies are effectively tax piracy, and they are more likely to lose revenue and leave bigger federal deficits and debt for the country.

President Obama's Tax Piracy : Custer, Pickett and the Goats of West Point. Starting on Jan. 1, 2011, President Obama's economic recovery policy will begin the implementation of comprehensive, across-the-board tax rate increases for every major federal tax, along with some completely new taxes. Yet Obama and Congressional Democrats seek even more tax increases.

President Obama has declared that the standard by which all policies and policy outcomes are judged is fairness. President Obama's Tax Piracy: Custer, Pickett and the Goats of West Point. He declared in 2011 that "we've sought to ensure that every citizen can count on some basic measure of security. We do this because we recognize that no matter how responsibly we live our lives, any one of us, at any moment, might face hard times, might face bad luck, might face a crippling illness or a layoff.

Yet Obama and Congressional Democrats seek even more tax increases

Yet Obama and Congressional Democrats seek even more tax increases.

President Obama’s Tax Piracy. Also Purchase as e-Book.

Автор: Robbins James Название: Last in Their Class: Custer, Pickett and . Язык: ENG Размер: 2. 1 x 1. 4 x . 0 cm Поставляется из: США.

Shipping to Russian Federation.

Magazine article Army. Famous Goats of West Point. Magazine article Army. Pickett's name will be forever immortalized by the futile attack on the third day at Gettysburg, but the future Confederate commander came within five demerits of expulsion from West Point in his final year. Robbins discusses Pickett's heroism at Chapultepec in the Mexican War and Pickett's role in the Pig War of 1859, when a dispute on San Juan Island in the Pacific Northwest created an international confrontation with the British governor of Vancouver Island.

Starting on Jan. 1, 2011, President Obama’s economic recovery policy will begin the implementation of comprehensive, across-the-board tax rate increases for every major federal tax, along with some completely new taxes. Yet Obama and Congressional Democrats seek even more tax increases.In this insightful Broadside, Peter Ferrara shows that while President Reagan’s tax policies created a 25-year economic boom, the Obama tax tsunami will sink the economy further if it is not stopped. It will produce a double-dip recession in 2011 , if not a full economic crash. President Obama’s tax policies are effectively tax piracy, and they are more likely to lose revenue and leave bigger federal deficits and debt for the country.
Comments (2)

Dreladred
Peter Ferrara, a former official from the Reagan and (HW) Bush whitehouses and now with the Institute for Policy Innovation, thinks Obama's tax policy is "piracy." It is a charge not born out by his book. The book itself argues something rather different, namely that Obama's proposed tax policies do not promote growth. There is something to the latter charge, but one suspects the inflamatory title sells more books.

Basically, the fundamental flaw in the Obama tax policy is that it assumes that spending is what drives economic development. It is not. What drives development is saving and investing. But excessive taxation of capital can inhibit economic growth and this is precisely what the Obama administration seeks. The president has proposed raising the corporate income tax to 40% when most countries around the world are cutting back to 12%. He wants to raise taxes on dividends, capital gains, and income, especially on those who receive much of their income from their small business. And he honestly believes that giving a $400 tax break to "95%" of Americans (in the form of the soon to expire, "making work pay" tax break/welfare handout) will actually help the economy, as will reducing payroll (social security) taxes by a measly $20 a month or so. The truth of the matter is though, that the beneficiaries of these handouts face the same incentives as everyone else. And if there is little incentive to save or invest, jobs will stagnate.

One can make the case that the proposed and actual tax policies of the Obama administration (to say nothing of the new costs that are associated with Obamacare) will limit economic growth. Indeed, they already have. But realistically, this is not piracy. It is poor management based on outdated Keynesian and progressive ideologies that have failed before, are failing now, and will continue to fail in the future since it is unlikely the Republicans will run a credible candidate in 2012. But let's make that case honestly, and without inflamatory titles and claims.
Mavivasa
Peter Ferrara is a director for the Institute for Social Innovation and a fellow at the Heartland Institute; he also served under presidents Reagan and G.H.W. Bush. He has written many books, such as Obama and the Crash of 2013 (Encounter Broadsides),America's Ticking Bankruptcy Bomb: How the Looming Debt Crisis Threatens the American Dream-and How We Can Turn the Tide Before It's Too Late,Social Security: The Inherent Contradiction (Studies in public policy),Social Security: Prospects for Real Reform, etc.

He criticizes the President's so-called "cap-and-trade" proposal: "Some politicians have ludicrously suggested this could be done at a cost to families of only a couple of dollars a week. But achieving those levels of reduction would require trillions of dollars in higher costs for at least the next several decades, with costs higher to the extent that the government keeps C02-free nuclear power under wraps." (Pg. 6-7)

He asserts, "American companies (are) sitting on $2 trillion of capital right now and... banks sitting on a trillion dollars in excess reserves. The economy is poised to boom, and it can't wait to do so, but President Obama's tax piracy is barring the way." (Pg. 12-13) He argues, "it is not about whether investors, entrepreneurs, or small businesses can 'afford' increased taxes or 'need' any tax cuts... It is about what effect the tax rate increases will have on the economy... President Obama's comprehensive tax rate increases will harm everyone." (Pg. 18)

He observes, "President Obama's apologists argue that his tax increases on 'the rich' are necessary just so the rich will pay their fair share. But ... in 2007, the top 1 percent of all income earners paid 40.4 percent of all federal income taxes, almost twice their share of adjusted gross income... Meanwhile, the bottom 50 percent of income earners paid only 2.9 percent of all federal income taxes..." (Pg. 40-41)

Ferrara's books are always provocative and thought-provoking; though short, this booklet will stir one's political juices...

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