Posted on The Heritage Foundation-By Andy Keim-On October 11, 2011:

How much do high-earning families need to pay before the Obama administration can finally say they are finally contributing their “fair share?” If such a number even exists, we have apparently not found it yet, if the latest proposed tax hike is any indication.

The Heritage Foundation’s Curtis Dubay explains the consequences of the President’s latest tax proposal:

“Taxpayers earning more than $1 million per year are investors and businesses that are directly responsible for creating jobs. Investors provide the capital to existing businesses and startups so they can expand and add new workers. Raising their taxes would deprive them of resources they could invest in promising businesses that are looking to add employees. Raising their tax rate would deter them from taking the risk to invest.”

In the long term, lower-income families will feel the sting of the tax hike as well. In another report, Dubay says job-creators immediately affected by the tax will refuse to hire additional workers simply because it won’t make any economic sense to do so:

“Many businesses pay their taxes through their owners’ individual income tax returns. The President’s tax hikes would be a direct tax on these important employers. A recent study from President Obama’s own Treasury Department shows that 90 percent of businesses that pay taxes through the individual income tax code and employ workers would pay the higher taxes under the President’s plan. Higher taxes would reduce these businesses’ incentives to hire new workers and their ability to retain or increase compensation for their existing employees.”

Ultimately, the U.S. government’s self-destructive policies will harm lower-income families far more than the more successful families and companies who can shoulder the burden at the cost of a reduced work force.

“The millionaire tax would end up costing the U.S. economy more jobs than the President’s jobs plan it is supposed to pay for would ever create. It would ruin American competitiveness among other developed countries,” Dubay says.

If the Obama administration truly values job-creation, it should focus on the real root of the deficit: runaway spending brought on by years of government expansion and poor decision-making.

What do you think? How can the President’s jobs plan create employment opportunities when it makes hiring new employees more costly?”

Source:

http://www.myheritage.org/news/the-true-cost-of-the-millionaire-tax...

Note: The following articles and/or blog posts and videos relate to this disturbing issue-You Decide:

I. After Obama’s Jobs Plan Fails in Senate, GOP Pushes Its Own Plan!

Posted on CNSNews.com-By Matt Cover-On October 12, 2011:

(CNSNews.com) – House Republicans say they are moving ahead with their own ideas on the economy now that President Barack Obama’s jobs plan failed in the Senate Tuesday night. They called on President Obama to work with them on their ideas.

Although the Democrats hold a 53-47 majority in the Senate, the president’s bill, the American Jobs Act of 2011, was defeated on a 50-49 vote, with two Democrats – Ben Nelson of Nebraska and Jon Tester of Montana – joining with the Republicans against the bill.

At a Capitol Hill news conference on Wednesday, House Speaker John Boehner (R-Ohio) said that now that Obama’s plan had failed, the GOP would turn to its own ideas, adding that the GOP would also be willing to work with Democrats on areas of common ground.

“Nearly a month ago, House Republicans outlined – for the president – areas of common agreement where we could work together,” Boehner said. “The fact is Republicans have a plan – our plan for America’s job creators that we outlined back in May – and we have been working since then to enact the ideas outlined in this proposal.”

Boehner said that Republicans would keep working on areas of common ground, stressing that finding ways to improve the economy was what the American people wanted.

“We’re going to continue to work with the president in order to create a better environment,” he said. “Not everything the president outlined is something that we agree with, certainly not everything we’ve outlined is something the president would agree with.”

At the same press conference, House Majority Leader Eric Cantor (R-Va.) said that Obama’s campaign for his own proposal had “failed” and called on Democrats to work with Republicans instead of pursuing an all-or-nothing approach.

“[T]he Senate’s action last night proved that the month-long campaign that the White House has been on to promote the president’s bill failed,” Cantor said. “The president’s bill does not have the bipartisan support needed to pass because we believe that it is contrary to what is needed right now to help small businesses grow.”

Cantor said that Republicans would introduce some of their ideas after the planned congressional recess next week, including a bill to repeal a 3 percent income tax withholding requirement for government contractors.

Despite the calls for common ground, Republicans made clear they would not support Democratic ideas that contradict their basic principles, saying that they would oppose ideas that raise new taxes or incur more federal borrowing.

GOP Conference Chairman Jeb Hensarling (R-Texas) said that part of the Republican agenda was opposing aspects of Obama’s plans that Republicans thought were bad policy.

“[W]hen this Congress began, House Republicans put forth a plan for America’s job creators,” Hensarling said. “Now, in this plan, it means that if the president wants to spend money we don’t have for jobs that we never get, we will oppose him. We believe that as part of this plan America has to be on a fiscally sustainable path.”

“If the president wants to increase taxes on job creators, we will oppose that,” said Hensarling. “We are trying to ensure that there is a fairer, simpler, more competitive tax code.”

Source:

http://cnsnews.com/news/article/after-obama-s-jobs-plan-fails-senat...

II. Video: Executive Dictatorship: Obama Wants Stimulus Projects Without Congressional Authorization!-Posted on The Blaze-By Naked Emperor News-On October 12, 2011:

http://www.theblaze.com/stories/executive-dictatorship-obama-instru...

III. Obama’s Teachable Truthiness Moment: ‘The Pinocchio of Pennsylvania Avenue strikes again!’-Posted on National Review Online-By Michelle Malkin-On October 12, 2011:

http://www.nationalreview.com/articles/279841/obama-s-teachable-tru...

IV. White House ‘Czars’ Threaten The Constitutional System of Checks and Balances!-Posted on WND.com-By Bob Unruh-On October 10, 2011:

http://www.wnd.com/index.php?fa=PAGE.view&pageId=354377

V. Biden Warns of More Rapes and Murders If ‘Jobs Bill’ Isn’t Passed!-Posted on Conservative Byte-On October 12, 2011:

http://conservativebyte.com/2011/10/biden-warns-of-more-rapes-and-m...

VI. How the Left has always exploited “crisis”-Posted on Patriotic Update-By: Nathaniel Davidson-On November 18, 2010:

http://www.patriotupdate.com/exclusives/read/270/How-the-Left-has-a...

Question: Is the AP in bed with George Soros, who funds approximately 30 news outlets?-You Decide:

AP Fact Checks GOP Candidates on Taxes, Jobs & the Economy!-Posted on The Blaze-By Billy Hallowell-On October 12, 2011:

http://www.theblaze.com/stories/ap-fact-checks-gop-candidates-on-ta...

Note:  My following blog posts contain numerous articles and/or blog posts and videos that relate to this disturbing issue-You Decide:

Progressive group maps out President Obama’s strategy for next 2 years!

http://weroinnm.wordpress.com/2010/11/19/progressive-group-maps-out...

Is it important to understand the Marxist assault on the foundations of our system?

http://weroinnm.wordpress.com/2011/01/27/is-it-important-to-underst...

Note:  If you have a problem viewing any of the listed blog posts please copy web site and paste it on your browser. Be aware that some of the articles and/or blog posts or videos listed within the contents of the above blog post(s) may have been removed by this administration because they may have considered them to be too controversial.  Sure seems like any subject matter that may shed some negative light on this administration is being censored-What happened to free speech?-You Decide.

“Food For Thought”

God Bless the U.S.A.!

http://www.youtube.com/watch?v=Q65KZIqay4E&feature=related

Semper Fi!

Jake

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ALERT ALERT

 REVEALED: Here’s What Dirty Cop Mueller And His Team
Of Liberal Hack Lawyers Are Costing Taxpayers Per Month

The Mueller ‘Russia’ investigation was built on a foundation of lies and cost taxpayers $6.7 million within the first 5 months!
 
Thanks to AG Sessions for recusing himself, corrupt swamp creature Rosenstein appointed Special Counsel Robert Mueller to target Trump and his team in what is the greatest witch hunt in US political history.

To add insult to injury, Americans are paying over $1 million a month, watching in horror as an innocent president is investigated yet the real criminals–Hillary, Lynch, Obama, Holder, Rice, McCabe, Comey et al walk freely.

The Justice Department released a report Tuesday detailing the cost of Mueller’s investigation from May 17th 2017-Sept 30th 2017.

In four and a half months, American tax payers have paid MILLIONS of dollars for Mueller’s hacks.

Expenses include:

Direct and Reimbursed Expenditures (note 1)
Personnel Compensation and Benefits (note 2) $1,709,597
Travel and Transportation of Persons (note 3) 223,643
Transportation of Things 156
Rent, Communications, and Utilities 362,550
Contractual Services (note 4) 157,339
Supplies and Materials 26,442
Acquisition of Equipment (note 5) 733,969
Total SCO Expenditures (note 6) $ 3,213,695

Mueller’s witch hunt also cost the Justice Department about $3.5 million on work attributable to the ‘Russia’ investigation, according to the DOJ report, totaling $6.7 million!

Americans are mad as hell!

We are paying millions of dollars to pay Trump-hating lawyers who are hell bent on taking down a president who won the election in an electoral landslide all because of a Hillary-funded garbage dossier!

One of the FBI agents was recently removed for sending anti-Trump text messages to an FBI lawyer with whom he was having an affair with.

Another Mueller hack was just revealed to have praised Sally Yates for defying Trump’s travel ban.

In an email obtained by conservative watchdog group Judicial Watch, Andrew Weissmann, special counsel Robert Mueller’s right hand man, praised then-acting attorney general Sally Yates for standing up to President Trump’s travel ban order.

We have been reporting on Mueller’s liberal dream team for months.
So have numerous other media outlets.

We reported in August that the entire team was Trump haters. Here is a summary of the Mueller team –

Robert Mueller – Special Counsel Team leader. — Best friend to fired leaker James Comey a key witness in the case and cohort at the FBI in assisting Mueller to enable the Clintons to get away with their many crimes.

  • Rush Atkinson, an attorney on detail from the Criminal Division’s Fraud Section at the Department of Justice
    — Donated $200 to Clinton in 2016
  • Peter Carr – DOJ spokesman under Barack Obama.
  • Andrew Goldstein, a public corruption prosecutor on detail from the U.S. Attorney’s Office in the Southern District of New York — Worked under Trump-basher Preet Bharara in the liberal New York southern district.
  • Adam Jed, an appellate attorney on detail from DOJ’s Civil Division. — Defended Obamacare at the DOJ.
  • Lisa Page, an attorney on detail from the FBI’s Office of the General Counsel and a former trial attorney with the Criminal Division’s Organized Crime and Gang Section – Investigated Ukrainian oligarch Dmitry Firtash, a one-time business partner of former Trump campaign manager Paul Manafort, at the DOJ.
  • Elizabeth Prelogar, an appellate attorney on detail from the Office of the Solicitor General. -Fluent in Russian; former law clerk to Justices Ruth Bader Ginsburg and Elena Kagan.
  • James Quarles, a former partner at WilmerHale and a former assistant special prosecutor for the Watergate Special Prosecution Force. –Former assistant special prosecutor on the Watergate Special Prosecution Force.
  • Jeannie Rhee, a former partner at WilmerHale who has served in the Office of Legal Counsel at DOJ and as an assistant U.S. attorney for the District of Columbia. — Rhee is a Clinton Foundation Lawyer and former Deputy Assistant Attorney General in the Office of Legal Counsel under Barack Obama.
  • Brandon Van Grack, an attorney on detail from the Justice Department’s National Security Division.
    — Led a grand jury inquiry in Northern Virginia scrutinizing former Trump associate Michael Flynn’s foreign lobbying.
  • Andrew Weissmann, who is on detail from the Criminal Division’s Fraud Section and who has served as general counsel at the FBI and as an assistant U.S. attorney for the Eastern District of New York. — Weissmann donated $2,300 to the Obama Victory Fund in 2008, $2,000 to the DNC in 2006 and at least $2,300 to the Clinton campaign in 2007.
  • Aaron Zebley, a former partner at WilmerHale who has previously served with Mueller at the FBI and has served as an assistant U.S. attorney in the Eastern District of Virginia. — Worked with Robert Mueller at the WilmerHale firm.
  • Aaron Zelinsky, an attorney on detail from the U.S. Attorney’s Office in the District of Maryland. — Worked under Assistant AG Rod Rosenstein in Maryland.
  • Zainab Ahmad, a top national security prosecutor on detail from U.S. Attorney’s Office in the Eastern District of New York.
  • Michael Dreeben, an appellate attorney on detail from the Office of the Solicitor General, described by former colleagues as one of the brightest criminal law experts of the past two generations.

Jeff Sessions needs to step down immediately.

He is corrupt and compromised.

YES PATRIOT STORE

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