Battle Born PAC Updates tagged 'Tax Reform'

Democrats Calling For $600 Billion Tax Increase

johnensignonline+battlebornstaff@gmail.com — Fri, 12 Jun 2009 05:00:00 +0100

Democrats are slowly leaking the details of their health care proposal ... calling for more than $600 billion in tax increases and a price tag exceeding $1 trillion:

Health-care overhaul legislation being drafted by House Democrats will include $600 billion in tax increases and $400 billion in cuts to Medicare and Medicaid, Ways and Means Committee Chairman Charles Rangel said.

Democrats will work on the bill's details next week as they struggle through "what kind of heartbur [...]

Your Bottom Line On Cap-And-Tax

johnensignonline+battlebornstaff@gmail.com — Thu, 28 May 2009 05:00:00 +0100

Heritage Foundation has a great analysis on the impact of the Democrats' national energy sales tax.

The impact of this new energy tax is startling -- lost jobs, increased national debt, slower economic growth ... and higher energy prices for electricity, gasoline, natural gas and heating oil:

Energy Cost Impacts
Price increases 2035
Gasoline - 58%
Electricity - 90%
Natural Gas - 55%
Heating Oil - 56%

Cap-And-Tax Delusions

johnensignonline+battlebornstaff@gmail.com — Wed, 20 May 2009 05:00:00 +0100

Reason magazine takes on the biggest myth liberal proponents of cap-and-tax push -- it will cost nothing and create tons of jobs:

All rhetoric aside, mandates cost money. Today, for example, President Barack Obama declared that new U.S. automobiles must get an average of 35 miles-per-gallon by the year 2016. Yet it is widely acknowledged that meeting this new standard will add $1,300 to the cost of each new car. In general, when prices go up, people buy less. So, all other things bei [...]

Cap-And-Tax Costs Ratchet Higher

johnensignonline+battlebornstaff@gmail.com — Mon, 18 May 2009 05:00:00 +0100

The Heritage Foundation's Foundry blog digs deeper into the Democrats' national energy sales tax, and finds that it will cost the average family a whopping $4,800 per year:

Our analysis shows it will cost the average family closer to $4,800 per year. Here's how:

Our $1,500 number is just the direct impact of household energy bills. Your electricity bill. Your natural gas bill. Your home heating oil bill. And of course, the amount of gas you use in your tank. The increased cos [...]

Tax Facts to Make Your Head Explode

johnensignonline+battlebornstaff@gmail.com — Mon, 13 Apr 2009 00:00:00 +0100

ReasonTV offers some interesting tax facts.

[video:http://www.youtube.com/watch?v=Gv4OeKmWjOI 480x295]

Our favorite fact is that the tax code is more than 3,700,000 words.

Help restore our tax system by joining Senator Ensign's Reform Our Tax System Facebook group.

White House Predicts Cap-And-Tax Failure

johnensignonline+battlebornstaff@gmail.com — Thu, 09 Apr 2009 00:00:00 +0100

Politico reported yesterday that President Obama's White House staff predicts that cap-and-tax will not win passage:

Officials are most pessimistic about his energy and global warming plan, with many aides doubting he will win passage of a cap-and-trade emissions reduction system, which is strongly opposed by business and Republicans.

Obama's Energy Tax To Cost You $1,000/Year

johnensignonline+battlebornstaff@gmail.com — Mon, 23 Mar 2009 00:00:00 +0100

The cost of Barack Obama's energy tax keeps spiraling higher:

President Obama's energy tax plan -- a version of the failed European "cap and trade" global warming fiasco -- may cost families $1,800 yearly in higher utility bills, far exceeding his promised $800 a year tax cut for 95% of Americans.

While campaigning, Obama admitted that his energy plan would cause electric bills to "skyrocket." Few took note, perhaps because Sen. John McCain also backed some form o [...]

New Cell Phone Tax?

johnensignonline+battlebornstaff@gmail.com — Mon, 02 Mar 2009 00:00:00 +0100

Barack Obama's proposed budget includes a new hidden tax hike on cell phones:

The Obama administration's proposal was loosely outlined in the new budget plan for 2009 and 2010 submitted Thursday. In that plan, the administration proposes adding a new fee to be paid by wireless carriers that license wireless spectrum from the government.

These annual fees would start at $50 million in 2009 and jump to $200 million in 2010, Reuters reported. The fees will gradually increas [...]