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June 2011

Liberal lie: Corporate tax rates and income tax rates are at all time lows

By Mike Thayer

I'm sure you've heard the Democrat talking point, that corporate and income tax rates are at all time lows.

That's a flat out lie, is disengenous and the lamestream media just prints without hesitation these false claims made by liberal elected officials.

Why do they tell this lie?  Because liberals can't be honest about what they really want to do.  They can't just come out and tell you they want to be able to spend more money.  Their, 'taxes are the lowest they've been since you were born' claim is a ruse, a twist on the old liberal class warfare argument, an attempt to get you to believe that if tax rates are soooooo low, then it's OK to soak the rich some more.

The Talking Points

We've got liberal University of Iowa Professors claiming taxes are at all time lows

Then there's the TV liberals....  "Americans are paying less in taxes than at any time since the '50's, but President Obama is still under attack for being a tax-and-spend liberal and for redistributing the wealth in America. ~ MSNBC's ED SCHULTZ, A LIBERAL TALKING HEAD ON HIS "THE ED SHOW" IN FEBRUARY 2011.  

It goes all the way up to the President.....  "If you are a wealthy CEO or hedge fund manager in America right now, your taxes are lower than they have ever been. They’re lower than they’ve been since the 1950s. And you can afford it. You’ll still be able to ride on your corporate jet. You’ll just have to pay a little more...  ~ PRESIDENT OBAMA SPEWING FACTUALLY INCORRECT RHETORIC AT A NEWS CONFERENCE, JUNE 29, 2011

Taxes are lower than they ever have been?  They're lower then they've been since the 1950's?  Talk about an inconsistent message....

The top marginal income tax rate today for those "wealthy CEO's" is 35%.  In 1988, 1989 and 1990, the top marginal income tax rate was 28%.  Reference:  http://www.taxfoundation.org/publications/show/151.html

Obama and the liberals KNOW rates have been lower and much more RECENTLY than the 1950's.  But they ignore historical fact because the following is the result of lower, simplified income tax rates as hammered out by our 40th President:   Reagan fiscal policy brought us one of the longest peacetime economic expansions in U.S. history. 

What about the corporate tax rates you ask?  After all, King Obama and his liberal cohorts like to paint all corporate CEOs as inherently eeeeevvvvvviiiiillllll.........  The current federal corporate tax rate is 35%.  When you average in a state corporate tax rate, you're talking a 39+ percent tax rate (funny liberals don't mention that part huh?).  HISTORY tells us that the corporate tax rate in the U.S. has been lower, much lower in fact.  The Tax Reform Act of 1986, the Reagan era, closed tens of billions of dollars in corporate loopholes, so that by 1988, the overall effective corporate federal tax rate for large corporations was at 26.5 percent.  And again, Reagan's work resulted in a booming economy.  

What'cha got now?

And here's the dirty little secret....  there are all kinds of use taxes, sales taxes, permit taxes and state taxes the liberals don't bring up in this conversation even though it's a HUGE factor.  We're taxed today in all kinds of ways that didn't exist back in the day, making the overall tax burden of today, higher than yesteryear for a lot of folks.

Accounts Receivable Tax, Building Permit Tax, CDL license Tax, Cigarette Tax, Dog License Tax, Excise Taxes, Federal Unemployment Tax (FUTA), Fishing License Tax, Food License Tax, Franchise Fee Tax (check the back of your electric and cable bill), Fuel Permit Tax, Gasoline Tax (Combined local, state and federal taxation on gas in Iowa is over 40 cents a gallon), Gross Receipts Tax, Hunting License Tax, Inheritance Tax, Inventory Tax, IRS Interest Charges, IRS Penalties (tax on top of tax), Liquor Tax, Local Option Sales Tax, Luxury Taxes, Marriage License Tax, Medicare Tax, Personal Property Tax, Property Tax, Real Estate Tax, Service Charge Tax, Social Security Tax, Road Usage Tax, Sales Tax, Recreational Vehicle Tax, School Tax (PPEL), State Income Tax, State Unemployment Tax (SUTA), Telephone Federal Excise Tax, Telephone Federal Universal, Service Fee Tax, Telephone Federal, State and Local Surcharge Taxes, Telephone Minimum Usage Surcharge Tax, Telephone Recurring and Non-recurring Charges Tax, Telephone State and Local Tax, Telephone Usage Charge Tax (Did you know all this was on your phone bill?), Utility Taxes, Vehicle License Registration Tax, Vehicle Sales Tax, Watercraft Registration Tax, Well Permit Tax, Workers Compensation Tax.

And that's the short list!

Liberals don't want you to know that such taxes didn't exist 100 years ago and our nation was one of if not the most prosperous in the world.  Liberals don't want you to know that 100 years ago we had virtually no national debt, a high standard of living and a thriving middle class being the envy of the world, and Mom stayed home to raise the kids.

Think about that for a minute....  Liberals don't WANT you to know your history.  Why?  Because if you don't know your history, then you don't know that liberalism is inherently flawed like a ponzi scheme.  If you know that, then they lose their grip on power.  Liberals can't be straight with you because the truth and history are not on their side.

I challenge you to start taking these lying liberals to task for their mis-statements, their omissions and their outright fabrications.  Whether it's saying something at the water cooler, writing a letter to the editor, or speaking at some political rally, we need to call liberals out on the carpet and get the truth out.

 


State GOP caves on budget issues

By Mike Thayer

WANTED:  State GOP Senators and Representatives with a backbone.

Well, the state has a fiscal 2012 budget now and the four months of regular session plus two months of extended legislative session has finally been gaveled closed.  A government shutdown has been averted and the new budget kicks in on schedule tomorrow, July 1, 2011.

The positive:  The budget spends less than the state is expected to take in.  The budget is $5.99 billion and the state is projected to bring in $6 billion.  Let's hope the projections hold true.

The negative:  The GOP caved on two critical issues; property tax reform and school funding.

Why is it that the GOP is always the party to cave?  The guys we have in Des Moines are too nice.  This wasn't a time to compromise out of fear for political fallout, it was a time for the GOP leadership to stick to their guns and do what's right.  It's what they were elected to do.  How to handle government spending is a primary reason why the GOP won the majority in the House and came very close to doing so in the Senate.

But when push came to shove on the budget, the Democrats got the last push, they won out, the GOP caved.  GOP leadership lacks a backbone. 

Property tax reform

There's no way anyone can justify taxing commercial property at 100% of its value, and yet there's no reform in this budget.  The GOP promised property tax reform during campaign season.  There was a real opportunity to get something done on this issue here.  But Republicans didn't push back against the Democrat desire to continue spending the high tax "revenue" from this source.  Republicans failed to stand up straight with some real backbone and demand that the state get in line and more competitive with neighboring states and their respective commercial property tax rates.   GOP leadership caved on property taxes years ago letting it get set at 100%, and they caved today in failing to bring that rate down.  This hurts job growth and fails to curb excessive government spending and outright abuse of this funding source.  We're talking millions and millions of dollars that belong in property owners' hands, not government hands.  This is a HUGE FAIL by the GOP.  And any claims that legislators will be able to piece meal reform in future legislation....  Pipe dream.  

School Funding

Democrats got the $59 million they wanted in spending on preschool programs, well above the $35 million Republicans had pushed.   Pushed..... HA!   The state paying for the babysitting of 3 and 4 year-olds....  Goodness.  There is absolutely no credible evidence demonstrating that government funded preschool gives children an edge in later school years.  Where is the GOP leadership standing up and saying, "This spending of any amount is nonsense!"  Further, K-12 schools were fully funded by the state for the next two years, but the GOP caved to Democrats in agreeing to a 2 percent increase in spending in the second year.  Funding for schools needs some serious reform, and the GOP said, "OK" to throwing more money at our schools that continue to have problems by conducting business as usual.

In November, voters said they wanted less government, lower taxes, smarter government.  

Did we get that with this new budget?  As it stands right now, we got one out of three, but even that one is a wait and see.

The budget is smarter than Culver year budgets, there's your one.  But what we didn't get is lower taxes and less government.

So the scorecard is:  Government 2 - the people 1. 

Not exactly the kind of scorecard the people voted for.  And to be fair, change at this level isn't going to happen overnight, but the frustration remains and it's a glaring one.  In these budget talks it became about politics for the GOP, not the mission.  When push came to shove, the GOP wimped out....  The same 'ol, same 'ol.  Voters sent more Republicans to Des Moines last election to push liberal mentality out of the state capital, not to appease it, or compromise with it.

 


Jobless claims over 400,000 for the 12th straight week

The latest Labor Department figures released today show that the number of applications for jobless benefits continues to indicate all is not well with the economy. 

The level of claims hit 428,000 for the week ended June 25.  

That number keeps first-time claims above the 400,000 mark for the 12th week in a row.  According to most experts, the economy can’t grow when claims remain above that mark.

Barnes_noble_nook 


Elite Science's Selective Outrage

By Paul Chesser American Spectator

Today the board of directors of American Association for the Advancement of Science announced they'd had enough of scrutiny of the pioneers of global warming propagandism, particularly when it comes to the work of Climategater Michael Mann and the hockey stick chart he made up (flatlining the Medieval Warming Period) when he was at the University of Virginia, and also the outside wealthmaking of NASA stargazer Dr. James Hansen. In particular they took my organization, American Tradition Institute, to task for asking for records of the aforementioned scientists, and the Formerly Mainstream Media unsurprisingly rushed to amplify the AAASes' message. The delicate flower from the New York Times who called our Christopher Horner was particularly off-put by his likening the situation to Hollywood's defense of Roman Polanski.

Read the rest here:

http://spectator.org/blog/2011/06/29/elite-sciences-selective-outra


Iowa City Water Division Releases 2011 Consumer Confidence Report

The Iowa City Water Division's annual Consumer Confidence Report (CCR), for 2010 drinking water test results was delivered to homes and businesses this past week. Iowa municipal water supplies are regulated by the Environmental Protection Agency (EPA) and the Iowa Department of Natural Resources to ensure safe drinking water. The CCR was developed to assist consumers in understanding the source of their drinking water and how it is treated.

The EPA requires Iowa City to monitor for over 80 drinking water impurities. Those listed in the report are the only impurities found in your drinking water. Iowa City's water was safe at all times in 2010, and any levels of the compounds found were below the safety standards for drinking water.

The report can also be reviewed on the internet www.icgov.org. If you have not received a report or need another copy, extras are available at City Hall, 410 E Washington St. and the Water Purification facility, 80 Stephen Atkins Dr. If you have questions, please contact Carol Sweeting at 319-356-5164 or carol-sweeting@iowa-city.org.

 


Keokuk native Vandenberg in ‘special’ position

Iowa_hawkeyes Iowa City, Ia. — He’s got the meet-and-greet stuff down to a tee.

On Sept. 3, James Vandenberg can only hope he is the passing fancy some expect.

That’s when Iowa, with Vandenberg at the quarterbacking helm, opens the season against Tennessee Tech at Kinnick Stadium. That’s the first time since whatshisname was the last Iowa native to start a Hawkeye season under center.

Read On.....  http://bleacherreport.com/tb/ba2YM


We have allowed President Obama and the Democrats to dismantle our economy

It's GOT to stop!

Here's the record after 2-1/2 years of Obama:

  • 9.1% unemployment rate
  • Record government spending
  • Record national debt
  • The Fed digitizing that debt (playing shell games with the money)
  • Rising health care costs despite ObamaCare promises
  • Calls to raise taxes instead of cutting government spending
  • Calls to raise the debt ceiling, so the country can borrow more
  • More people on food stamps
  • Energy & food prices up significantly over this time last year

We've gotten nothing but broken promises and failed policies from Obama and his liberal cohorts.  They are clueless on how to create a healthy environment for business and job growth.  A liberal mentality has dismantled our economy. 

 


Iowa City fireworks scheduled Sunday, July 3; will cap off weekend's Jazz Festival

The City of Iowa City invites area residents to ring in the Fourth of July holiday with a bang by attending this year's City-sponsored fireworks display, beginning around 9:45 p.m. on Sunday, July 3. The fireworks will be launched from Hubbard Park across from the Iowa Memorial Union. Those planning to attend, including people coming from the weekend's Jazz Festival, are encouraged to bring lawn chairs and blankets to the west lawn of the Pentacrest to view the display, which will be visible from the entire downtown area. The event is free.

The fireworks will result in some street closures near the Pentacrest. Beginning Sunday at 9 p.m., Market Street (between Clinton and Madison Streets), Madison Street (between Market and Washington Streets), and Iowa Avenue (between Madison Street and Riverside Drive) will be closed, and will remain blocked off until the fireworks are over and the crowd has cleared the area.

The fireworks will cap off the annual Jazz Festival in downtown Iowa City, which will feature a full weekend of live music, activities, and great food. Iowa City's Jazz Festival has been named one of the Top 10 Jazz Festivals in the country, featuring a variety of well-known musicians and composers and an infusion of up-and-coming jazz talent.

For the full weekend schedule, visit www.summerofthearts.org, and be sure to include plans to join us on the 3rd to celebrate the 4th!


House Republicans Will Stand With The American People

Today, President Obama renewed his request to raise the debt limit and continued to press for job-crushing tax hikes instead of larger spending cuts.

But as I’ve said: a tax hike cannot pass the House. It’s off the table. The American people know taxes aren’t the problem – Washington’s spending binge is the problem. And we’re standing with the American people.

There will be no debt limit increase unless it includes spending cuts that are larger than the debt limit increase; includes reforms to hold down spending in the future; and is free from tax hikes.  If the president puts forward such a proposal, he has my word the House will act on it. But a measure that fails to meet these standards cannot pass the House. 

We have an extraordinary opportunity to do something big for our economy.  If we seize this moment, we can deliver an important victory for our country and for the future of our children and grandchildren.

Sincerely,

Spending Cuts Must Exceed Debt Limit Hike Or It Will Cost Jobs

"Last November, the American people voted for a new majority in the House and sent us to work with a clear objective: ending the job-crushing spending binge in Washington.  The government’s addiction to spending has created even more debt, hurt our economy, and threatens our very way of life.  But make no mistake; we have a debt crisis in this country because Washington continuously spends more than we have, not because our taxes are too low.  So when the Democrats who run Washington proposed tax hikes as part of an agreement in our negotiations to raise the debt limit, I knew that this meant more problems for our economy and another way Washington would be hindering job creation.  This is unacceptable." 

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