Showing posts with label Income Tax. Show all posts
Showing posts with label Income Tax. Show all posts

Monday, July 27, 2009

Checklist of Obama's Campaign Promises

Springfield, Illinois, USA. "The Future F...Image via Wikipedia

International Business Daily gathered a list of Obama's promises last November just after the election. You can use this as a score card to see how honest Obama is and whether or not he is really looking out for you during the 4 years of his first and perhaps only term:

Taxes

• Give a tax break to 95% of Americans.

• Restore Clinton-era tax rates on top income earners.

• "If you make under $250,000, you will not see your taxes increase by a single dime. Not your income taxes, not your payroll taxes, not your capital gains taxes. Nothing."

• Dramatically simplify tax filings so that millions of Americans will be able to do their taxes in less than five minutes.

• Give American businesses a $3,000 tax credit for every job they create in the U.S.

• Eliminate capital gains taxes for small business and startup companies.

• Eliminate income taxes for seniors making under $50,000.

• Expand the child and dependent care tax credit.

• Expand the earned income tax credit.

• Create a universal mortgage credit.

• Create a small business health tax credit.

• Provide a $500 "make work pay" tax credit to small businesses.

• Provide a $1,000 emergency energy rebate to families.

Energy

• Spend $15 billion a year on renewable sources of energy.

• Eliminate oil imports from the Middle East in 10 years.

• Increase fuel economy standards by 4% a year.

• Weatherize 1 million homes annually.

• Ensure that 10% of our electricity comes from renewable sources by 2012.

Environment

• Create 5 million green jobs.

• Implement a cap-and-trade program to reduce greenhouse gas emissions.

• Get 1 million plug-in hybrids on the road by 2015.

Labor

• Sign a fair pay restoration act, which would overturn the Supreme Court's pay discrimination ruling.

• Sign into law an employee free choice act — aka card check — to make it easier for unions to organize.

• Make employers offer seven paid sick days per year.

• Increase the minimum wage to $9.50 an hour by 2009.

National security

• Remove troops from Iraq by the summer of 2010.

• Cut spending on unproven missile defense systems.

• No more homeless veterans.

• Stop spending $10 billion a month in Iraq.

• Finish the fight against Osama bin Laden and the al-Qaida terrorists.

Social Security

• Work in a "bipartisan way to preserve Social Security for future generations."

• Impose a Social Security payroll tax on incomes above $250,000.

• Match 50% of retirement savings up to $1,000 for families earning less than $75,000.

Education

• Demand higher standards and more accountability from our teachers.

Spending

• Go through the budget, line by line, ending programs we don't need and making the ones we do need work better and cost less.

• Slash earmarks.

Health care

• Lower health care costs for the typical family by $2,500 a year.

• Let the uninsured get the same kind of health insurance that members of Congress get.

• Stop insurance companies from discriminating against those who are sick and need care the most.

• Spend $10 billion over five years on health care information technology.

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Friday, July 17, 2009

Americans Against Obama Healthcare

Pollster John Zogby, president and founder of ...John Zogby. Image via Wikipedia

"By a 50-42 margin, Americans oppose the House of Representatives' bill introduced July 14," said S. Ward Casscells, M.D., vice president of external affairs and public policy and the John Edward Tyson Distinguished Professor in Cardiology at the UT Health Science Center at Houston. "This bill would call for most employers to sponsor health plans and would also create a Medicare-like plan for those under 65 who have no other health plan. The increased costs would be covered by increasing income taxes on individuals making more than $280,000 and families making more than $350,000."

Zogby
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Monday, July 23, 2007

Ron Paul Proposes Eliminating Income Tax Completely

The Interested Archive