POLITICAL: The D’s are raising taxes and giving corporate welfare — Remember in November!

https://www.realclearpolitics.com/articles/2022/08/05/one_democrat_senator_can_stop_middle-class_tax_hike_148004.html

One Democrat Senator Can Stop Middle-Class Tax Hike
COMMENTARY
By Akash Chougule — August 05, 2022

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Democrats are calling for a massive middle-class tax increase during an inflation crisis to pay for billions in corporate welfare. It sounds absurd, but it’s true.

The average American family will spend $5,520 more in 2022 to afford the same quality of life as 2021, and poll after poll shows rising costs are the nation’s biggest concern; yet Democrats in Congress are trying to raise taxes across the board to fund hundreds of billions in giveaways to politically-favored industries.

The so-called “Inflation Reduction Act” introduced by Sen. Joe Manchin in July is many things, but inflation reduction it is not. Analysis from the University of Pennsylvania’s Wharton School of Business, which Manchin previously said is his budgetary model of choice, says that the $739 billion behemoth is unlikely to have any impact at all on inflation. Congress’ nonpartisan Joint Committee on Taxation says it will raise taxes on every income bracket above $30,000 per year. President Biden has repeatedly pledged he would not raise taxes on any family making less than $400,000, but the committee found that the middle class and low earners will face the steepest tax hikes under the proposal. Biden isn’t the only supporter willing to violate his commitments amid record inflation: both Manchin and Senate Majority Leader Chuck Schumer spoke out against tax increases during recession – notwithstanding the White House’s attempts to change the definition of the word for political gain.

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Democrats claim these taxes are borne by corporations, but it is well established and agreed upon by economists – including left-leaning experts – that much of the burden of corporate taxation is borne by workers. Estimates vary, but the Congressional Budget Office found that workers bear about 73% of the cost. For low-income households, the burden of corporate taxation outweighs that of individual income taxes.

The damage to the economy would be broad even as Manchin insists on the limited scope of tax hikes. The five industries hardest hit employ one in every four American workers, or about 40 million people in total.

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Remember in November!

Even if you have to hold your nose, the R’s — who are not much better are the party out of power — hence vote them in.  

You’ll have a chance to vote them out the next time around.

I’d rather a do nothing Gooferment than one party Gooferment.

Argh!

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LIBERTARIAN: New Hampshire Libertarian Party as an exemplar

http://freekeene.com/2016/11/09/nh-libertarians-officially-recognized-as-party-for-first-time-in-20-years-free-staters-win-15-state-rep-races/

NH Libertarians Officially Recognized as Party For First time in 20 Years + “Free Staters” Win 15+ State Rep Races
by Ian | Nov 9, 2016

NH State HouseLibertarians Had Major Successes in NH 2016 Elections

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The national election is just a sideshow. Nothing of substance in DC will change in the next four years and I predict Trump will ultimately disappoint those who think he’s somehow an “outsider” or “anti-establishment”. Meanwhile, the left is MAD and secession will grow into a serious idea for many of them as they begin to see the value in breaking away from the United States. Indeed, Californians already held a #CalExit rally on the Sacramento statehouse grounds today!

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I am pleased to have been part in this epic victory. 

Maybe New Hampshire can lead the way to a “new” Libertarian Party as the “Party of Principle” and the “Party of Peace”?

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POLITICAL: The Duopoly scam

http://lewrockwell.com/orig12/thomas-jeff2.1.1.html

The Political Party Illusion
by Jeff Thomas
International Man

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As stated above, the main difference between the feudal system of five hundred years ago and the feudal system that is developing in the First World today is that the packaging is more sophisticated. Instead of having identifiable kings whom we may all hate, we have the distraction of two political teams that we may “choose” between. While we praise the good guys (our preferred political party) and hope that they will vanquish the bad guys (the opposing political party), they are in fact one and the same, and they both work for the kings.

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It’s the same coin. Just two different sides. When will “We, The Sheeple” recognize the scam.

Argh!

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MONEY: Kill the FED; save the Republic

http://www.pittsburghlive.com/x/pittsburghtrib/opinion/s_777634.html

Kill the FedBy Eric Heyl, PITTSBURGH TRIBUNE-REVIEWSaturday, January 21, 2012
Read more: Kill the Fed – Pittsburgh Tribune-Review

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John Allison is the former chairman and CEO of BB&T, the nation’s 10th-largest financial holding company. He was named one of the 100 most successful CEOs by the Harvard Business Review and since 2009 has been on the Wake Forest University Schools of Business faculty as Distinguished Professor of Practice.

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Q: In the long term, what do you think should be done with the Fed?

A: If I were in charge, I would get rid of the Fed. I believe that as long as the Fed exists, Congress can effectively print money. And it doesn’t matter whether they are Democrats or Republicans, they would rather print money than tax people. They want to spend because that effectively buys votes, and they don’t want to tax people because that loses votes.

I think the Fed provides the temptation for massive government deficits. If the federal government couldn’t print money, it would have to have better financial discipline than it has today.

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Vote Ron Paul.

There’s no other candidate on the horizon that understands or articulates that the FED is the problem.

It gives the duopoly — the D’s and the R’s are two sides of the same coin intended to give “We, The Sheeple” the illusion of a choice — an unlimited checkbook to borrow and spend.

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