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

Monday, August 8, 2022

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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POLITICAL: Mitt Romney = Big Government

Tuesday, January 17, 2012

 

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Please read – or re-read – Carla Howell’s May, 2007 essay below. It reveals the unvarnished truth about Mitt Romney = Big Government. It is even more timely now than it was 5 years ago.

And please forward it to any Tea Partier, fiscal conservative, or libertarian who is even considering voting for Big Government Mitt Romney for President.

Small government is beautiful,

Michael Cloud  President and Co-Founder Center For Small Government 
Mitt Romney: Champion of Big Government
By Carla Howell

Is Mitt Romney the “economic conservative” he claims to be? Especially when it comes to tax and spend policies?

Now that he’s running for president, let’s compare his words with his deeds.

Taxes

Romney claims to be anti-tax. He even “took” a “no new taxes” pledge when he ran for Governor of Massachusetts in 2002. “Took” is in quotes because he refused to sign that pledge. His signature wasn’t necessary, he claimed. He assured us that he’s a man of his word.

But Mitt Romney has been a champion of new taxes.

Mitt Romney proposed three new taxes while campaigning for governor: a new tax on vehicles, a new tax on campaign donations, and a new tax on building construction. They didn’t get much fanfare in the media and were quickly forgotten.

Right before the 2002 election, he ran millions of dollars in ads portraying himself as a “no new taxes” governor. The media refused to set the record straight.

But that was only the beginning.

Each of the four years Romney served as governor, he raised taxes – while pretending he didn’t.

Mitt Romney denies that he raised taxes. He claims he only raised mandatory government “fees.” But government mandatory fees are nothing but taxes, and taxes are nothing but mandatory government fees.

Romney’s new tax-fees raised hundreds of millions of dollars in new tax revenue for the state government every year.

In addition to:
scores of new tax-fees,
Mitt Romney also increased several other taxes by:
“closing loopholes” to enable collection of a new Internet sales tax    passing legislation that enables local governments to raise Business Property Taxes    enacting a new tax penalty that raises Income Taxes on both individuals and small businesses. 
This, he claims, is not raising taxes.

I suppose you could say Romney merely enacted bills that force taxpayers to hand over billions of dollars – which end up in the coffers of the government.

Quacks like a tax increase?

In 2008, Romney boasted that he was the first presidential candidate to sign a “taxpayer protection pledge,” in which he promised to oppose “any and all efforts” to increase income taxes on people or businesses.

So he’ll call his tax increases “government fees” or “closing loopholes” or “penalties” or something else. But if Romney is elected President of the United States, the IRS will collect all this additional money from you, your family, your friends, and millions of Americans just like you.

Government Spending

Mitt Romney claims to have cut the Massachusetts budget by “$2 billion.” Sometimes he claims he cut it “$3 billion.” The media gives him free advertising by parroting this myth repeatedly. They repeat it so often that even many fiscal conservatives and libertarians assume it must be true.

But these “cuts” were merely budget games. Spending cuts in one area were simply moved into another area of the budget.

In fact, not only did Mitt Romney refuse to cut the overall Massachusetts budget, he expanded it. Dramatically.

The Massachusetts state statutory budget was $22.7 billion a year when he took office in January of 2003.

When he left office four years later, it was over $25.7 billion – plus another $2.2 billion in spending that the legislature took “off budget.” (Romney never reminds us of this fact.)

The net effect of budgets proposed and signed into law by Mitt Romney? $5.2 billion MORE in state spending – and a similar increase in new taxes and mandatory fees.

Every year.

He claims to have done a good job as governor of liberal Massachusetts in light of the fact that it’s a “tough state” for poor “conservatives” like him. He infers his hands were tied by the predominantly Democratic legislature.

But when it comes to tax and spend policies, he’s not only in lockstep with the Democrats. He leads the way.

Each of the four years Romney served as governor, he started budget negotiations by proposing an increase of about $1 billion in new government spending. Before the legislature even named a budget figure.

Romney initiated massive new spending – without any prodding.

The legislature responded with a handful of line item budget increases. Romney agreed to some of them and vetoed others. The media helped him out again by making fanfare of his vetoes and portraying him as tough on spending – after he had already given away the store!

The Romney-Kennedy Alliance

But his grand finale was the worst of all: RomneyCare, Mitt Romney’s version of socialized medicine.

By his own admission, he didn’t plan his socialized medicine scheme until after the 2002 election.

During Romney’s governor campaign, he convinced voters that his Democrat rival would be worse – because she would saddle us with socialist tax-and-spend policies, he said.

But soon after he was elected, Romney started the drumbeat for socialized medicine. Three years later, he signed RomneyCare into law.

Voters of Massachusetts did not vote for RomneyCare. Mitt Romney foisted the granddaddy of Big Government expansions upon them without warning. He championed it from the beginning. Again, without any prodding from his Democrat rivals.

When Romney ran for U.S. Senate in 1994, his campaign popularized the derogatory term “Kennedy country” to describe the devastating effects of Ted Kennedy’s “liberal social programs” on poor neighborhoods in Massachusetts.

Yet Mitt Romney stood proudly with Ted Kennedy while he signed RomneyCare into law.

Ted Kennedy has pushed for socialized medicine for decades. Romney fulfilled his dream. Kennedy lobbied the legislature hard to get Romney’s bill passed. It was a Romney-Kennedy alliance.

Welcome to Massachusetts: Romney-Kennedy country.

Romney’s socialized medicine law mandates everyone who doesn’t have insurance to buy it – or suffer income tax penalties. Both individuals and small businesses face steep fines if they refuse to give up their freedom to make their own health care choices. There’s yet another “off budget” Mitt Romney tax increase.

Romney’s mandate will cost individual taxpayers many thousands of dollars every year in health insurance premiums for unwanted policies – or force them to pay sizable tax penalties.

The total cost of RomneyCare in mandates and new spending? At least several billion dollars every year – to start. It will rise from there, as socialized medicine programs are wont to do.

Romney’s law went into full effect in 2009. It’s harmful effects were not felt  until after the 2008 presidential election was over. Romney’s time-release tax increase.

Romney’s Words Versus Romney’s Deeds

Smart moms tell their kids, “Believe none of what you hear and half of what you see.”

That advice saved me a lot of heartache. And it will do the same for Republicans who are leaning towards voting for Mitt Romney in the Republican presidential primary.

Candidate Romney campaigns for president with the words we’re aching to hear. Words we want to believe. Candidate Romney tells us that he is a: “fiscal conservative”    “friend of small business”    “tax cutter”    “waste fighter”    “opponent of runaway spending”    “tough leader who vetoes new taxes and needless government spending”

Let’s follow Mom’s advice: ignore candidate Romney’s words. Look at elected Governor Romney’s deeds.

What does he do when he’s elected?

Mitt Romney hits up taxpayers with a variety of new taxes – while pretending he doesn’t.

Mitt Romney jacks up government spending as much as any Big Government Democrat would.

Mitt Romney champions massive Big Government Programs – that made Ted Kennedy proud.

### Originally published May, 2007

Carla Howell sponsored the 2002 Massachusetts ballot initiative to End the State Income Tax – which Mitt Romney actively opposed. Her initiative nearly won with 885,000 votes: 45% of the vote. She ran the End the State Income Tax in 2008 and garnered 915,000 votes. In 2010, she ran a Massachusetts ballot initiative to roll back the sales tax from 6.25% to 3% – and garnered 967,000 votes. All opposed by Mitt Romney.

Carla Howell is Co-Founder and past President of the  Center For Small Government. She is currently on a leave of absence from the Center.

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