|
| |
THE DEMOCRATS' (SECRET) PLAN FOR AMERICA
The Democrats have begun their campaign to frighten voters before the fall
elections. It's nothing but a replay of past elections, the only difference
being that they seem to be starting the scare tactics a bit early this year. I
guess you can't blame them. Nothing else has worked. The tried to hand the
Florida election problems on Bush. No go. Then it was the economy, and that
didn't work either. They gave a stab at the "Bush is stupid" routine,
but Americans aren't buying it. Enron looked worse for Clinton than it did for
Republicans, so the Social Democrats had to give up on that one too. So, it's
time to go back to Democratic roots. Try to scare the beejezus out of older
voters. It's worked in the past -- so it will surely work this time.
The ploy is simple. Convince wrinkled citizens that the evil Republicans want to
take away their Social Security. It's an old trick, tried and true. The
Democrats roll this one out every single election. This time the point men are
Richard Gephardt and Terry McAuliffe. They're both telling voters that the evil
Republicans have a "secret" plan to reduce Social Security benefits as
soon as they are reelected.
So .. now that the Democrats have opened this whole "secret plan" idea
– what about the secret plans of the Democratic Socialists? Just what
legislative agenda does the Democrat Party plan to pursue if and when they gain
control of the Senate, the House and the presidency? Well, your Talkmaster has
been watching these socialists for years, and taking notes. Here are just some
of the goodies the Social Democrat Party has in store for the people of America.
Remove a majority of voters from responsibility for income taxes This is the
biggie – and they've made no attempt to hide their goals here. The Democrats
have been working on this plan for decades --- with no small amount of help from
the cowardly Republicans. The idea is simple. Using "refundable" tax
credits and deductions and such ideas as the fraudulent Earned Income Tax Credit
the Democrats are working to shift the entire burden for the payment of federal
income taxes onto a minority of US taxpayers. Right now the top 50 percent of
taxpayers pay almost 96 percent of the taxes. The Democrats are close to their
goal. When the majority of voters have no federal income tax liability it will
be almost impossible to pass any meaningful tax cuts – and further tax
increases will be a piece of cake, especially if the taxes only affect those to
be considered to be rich. Through this ploy the Democrats plan to create a
defeat-proof socialist congress.
Shift Social Security and Medicare Taxes to the "Rich"
Payroll taxes, as you know, are basically Social Security and Medicare taxes.
The Democrats have almost achieved their goal of shielding the so-called
"poor" from any income tax liability at all. But --- the poor saps
still have to pay Social Security and Medicare taxes. Democrats conveniently
ignore the fact that these same people will get full Social Security and
Medicare benefits when they reach the magic age ... and those benefits must
never be touched! It's OK, though, to excuse these people from the
responsibility of actually having to pay the premiums for these insurance and
retirement benefits. So ..... the next element of the Democrats' Secret Plan!
The elimination of payroll taxes for the poor!
This is a plan that was put forth by Democrat Robert Reich on the Cutie-Pie and
Holmes show on Fox News Channel on July 31, 2002. The idea is to, as Reich puts
it, "lift the tax burden off the poor" by eliminating payroll taxes on
the first $15,000 of income. Here's how you do it. The Democrats pass a law
which says that nobody has to pay any payroll taxes on the first $15,000 of
their income. Bingo -- the poor now have a completely free ride! They are now
life-long, dedicated Democratic voters. But wait! Isn't that going to cost the
government money? Are you kidding? Of course it's not! It's not going to cost
the government money because they're simply going to raise the salary cap for
Social Security taxes by enough to cover the lost revenues! Right now the cap is
around $88,000 on Social Security taxes. To cover the shortfall Reich says they
will just raise the salary cap by $15,000 ... to $103,000 a hear. Reich forgets,
though, that there is no cap on Medicare taxes, so raising the cap by $15,000
would not recover the Medicare taxes lost by excluding the first $15,000 in
income. In reality the Democrats would have to raise the salary cap by about
$19,000. They would just round it off to $20,000.
So, there you go. Shifting the burden for the cost of Social Security and
Medicare for low income earners onto high income earners. The Democratic way.
Massive increase in Social Security taxes As we've said, Social Security is a
mainstay when it comes to Democrat vote-buying. Social Security was, is and
always will be nothing more than a giant income redistribution scheme designed
to create dependency on government and loyalty to the program's protectors in
congress. The more money you pour into Social Security benefits, the more the
wizened class loves you, depends on you and will be dedicated to keeping you in
office. The Democrats need massive new funding sources to pay expanded Social
Security benefits --- but they must get that money without raising Social
Security taxes on the middle and lower income groups. The solution? The
Democrats have a "secret plan" to expand the wage base for Social
Security taxes. Right now you only pay these taxes on the first $88,000 or so of
income. Give the Democrats the power and watch that wage base jump to $100,000,
$200,000 and beyond. The eventual Democrat Party goal is to have people pay
Social Security taxes on every penny they earn ... no matter how much that is.
There will no comparable increase in benefits for the high income earners. The
extra money will be used to keep the Democratic middle and low-income
constituency happy.
End the home mortgage interest deduction
Democrats have been after this income tax deduction for decades. They call it a
"subsidy." Now the more intelligent among us will clearly understand
that allowing someone to keep more of the money that they earn can hardly be
called a "subsidy." But we're talking about the more intelligent among
us. These people aren't likely to be voting for Democrats anyway!
As soon as the Democrats manage to gain control of the federal government they
will move to eliminate this "subsidy for the rich." They know that
there will be little adverse political fallout. After all -- the mortgage
interest deduction is only valuable to people who actually pay income taxes AND
who itemize their deductions. Democrats have already succeeded in removing most
of their core constituency from the income tax rolls --- so what is there to
lose?
When the Democrats ride into power you had better be prepared to kiss that
mortgage interest deduction -- and a lot more of your money -- a fond farewell.
Socialized Medicine
They already tried this with Hillary Care. It failed. Democrats aren't
discouraged by failure. They just try and try again until they finally get you
to swallow the poison pill. There are two basic reasons the Democrats are
working so hard for complete government control of this huge segment of our
economy. One, of course, is power. Health care comprises about 15% of our
national economy. If the government can seize control of this large a segment of
our economy a giant step toward a socialist economy will have been achieved. The
second reason is control. Think about it. If you control a person's access to
healthcare ... you effectively control that person.
Right now the Democrats have had to put their plans for socialized medicine on
hold. Those pesky Republicans in the House and the White House are making things
tough. Democrats have to be satisfied with just sitting up there in the Beltway
blocking any efforts to introduce competition into the medical marketplace.
Democrats live in quaking fear of free market competition. This was one of the
reasons they worked so hard to defeat Bush's economic stimulus plan. There was a
provision in that plan that would allow laid-off workers to go out into the
marketplace to find health insurance. They would then be allowed a tax credit to
cover the cost of that health insurance premium. Democrats wanted federal funds
to be paid to employers to encourage employers to extend health insurance
benefits to laid-off workers. Democrats knew that if private individuals
ventured into the free marketplace to find health insurance they might just find
that free market competition could deliver a superior insurance product at a
reduced price.
Tax your pension funds
This idea first received serious consideration in the early Clintonista years.
As soon as the Republicans took control of the Congress the idea disappeared.
Right now it's being "secretly" incubated by Democrats to be hatched
when they regain control. The idea is simple. There are trillions of dollars out
there in various private pension and 401K plans. All of these trillions of
dollars are earning interest for (gasp!) private investors and individuals and
not for the government! To make matters worse – most of these private pension
and 401K plans are owned by the evil, hated upper income earners.
The "secret" plan? A one-time 15% tax on the outstanding balance of
all private pension and 401K retirement plans. This money would be paid into the
general fund of the federal government and used to fund various social programs
for low and middle-income earners.
Is this a dangerous plan for Democrats? Not really. The plan would take money
chiefly from those who earn enough money to actually pay income taxes and
contribute to pension plans. These people do not make up the core of Democratic
voters.
Tax your pension contributions also
After the Democrats levy their 15% tax on the outstanding balance of all pension
and 401K plans, they intend to follow up with a tax on all future contributions
to these plans. The theory is that "rich" people shouldn't be allowed
to contribute that money to these plans tax free when "poor" people
don't have that opportunity.
The Magic of Imputed Income
Imputed? What does "imputed" mean?
One definition is to "credit." So, by imputed income, we mean that you
are credited with income you didn't necessarily earn.
The goal is clear. Democrats want to milk the high-achievers for as much money
as they possibly can. There are really only two ways Democrats can get more
income tax out of you. One way is to raise the tax rates. At some point this is
going to prove to be politically risky. So, how else can they bleed you for
more? Even Democrats who have been to government schools can do simple math.
They know they can get more money out of you if that line on your income tax
return that reads "taxable income" can be increased. Forty percent of
$120,000 is more than 40% of $90,000. All you have to do is impute – credit
– more income to the poor taxpaying high-achiever.
So --- here is the idea that the Clinton Administration was tossing around prior
to the voter revolution of 1994. They were going to impute – credit – extra
income to people who own their own homes. This was going to be done for two
reasons. First, to push more people into the higher income brackets where
Clinton tax increases could reach them. Second, to increase the amount of taxes
actually collected from these people. Here's how Clinton's imputed income scheme
was going to work:
Let's say you own a home worth $250,000. Your payments on that home are about
$2,000 a month. The government uses census data (there is a reason they ask all
of those extra questions) to figure out what a $250,000 home in your
neighborhood would rent for. Let's say it would rent for $3000 a month. This
means that you could rent your home for $1000 a month more than your payments.
But you're not renting your home, you're living in it. You must know that this
just isn't fair to people who have to rent homes. They don't get the tax
deductions you get. They don't own their own homes because, unlike you, they
haven't, as Dickie Gephardt likes to phrase it, "won life's lottery."
Well .. since you're so rich and since you own your own home, the Democrats
would really like to get a little more money from you, to spend on those poor
renters and people who aren't as "fortunate" as you are. This would
all be in exchange of their votes, of course.
So ... here is this element of the Democrats' secret plan for you and your bank
account. When you fill out your tax return you will have to consult certain
tables and government data to determine what a home like yours would rent for in
your neighborhood. Using the example above, your home would rent for $3000.
You're paying $2000 a month to your mortgage company. You will be instructed to
take the difference ($1000 a month) and multiply it by 12. This gives you
$12,000. That's your imputed income. Add that to your other earnings to come up
with your taxable income. That adds up to more than $4,500 in additional income
taxes if you're in the top tax bracket. Hey, it's only fair ... you being rich
and all.
Don't gripe. This is all for those needed government programs for the "less
fortunate."
By the way --- you should know that there is an imputed income bill in the
Congress. It's about child support, not home mortgages. If you're a deadbeat dad
who owes back child support you would, under this law, have to add the amount of
your arrearage to your taxable income and pay taxes on it. Fact is, you've
already paid taxes on this income once. The bill would just punish you for not
forking it over to the ex-wife by making you pay tax on it a second time. Today,
child support. Tomorrow, that money you could be making if you would only rent
your home instead of live in it.
Economically Targeted Investments -- controlling your pension fund
investments.
Here we are, right back at your pension funds and 401K funds again. Again ---
there is so much money in these funds, trillions of dollars, that the Democrats
just can't leave them alone. All of this money just sitting there and not one
penny of it is being used to buy votes for Democrats. So --- here comes the idea
of Economically Targeted Investments. "ETIs" the Democrats call them,
and they're a huge part of the Democrat "secret" agenda. All they need
is control in Washington.
Here's the deal. The government grants various tax breaks to these retirement
plans. As you know, or as you should know, tax breaks are usually granted to
force some individual or corporation to act and behave in some manner pleasing
to government. The Democrats plan to change the rules on pension and 401K
accounts. Instead of just investing these funds in stocks and bonds, fund
managers will be required by the government to invest these funds in certain
investments dictated by government -- by Democrats. In this way the governments
can fund some of their spending schemes, but without using government funds. The
Democrats will simply pass laws requiring fund managers to invest in
corporations building low income housing; or companies who are hiring workers
off welfare roles. Other "allowed" investments will be in such things
as environmental protection, waste recycling and other causes popular with the
left. In short order the Democrats will have rules in place which state that
these pension funds cannot be invested in companies that are
"unfriendly" to unions. To a Democrat ... any company with a non-union
workforce is "unfriendly" to unions. Corporations who have affirmative
action programs will get the nod. Companies who hire and promote on merit will
not.
All of this will mean that the Democrats can claim credit for spending on some
of their favorite programs without going to the taxpayers. They can just, in
effect, use pension money. The end result, of course, is lower returns on
pension fund investments -- and lower pension benefits to retirees. That doesn't
bother the Democrats, though. The less money you have to retire on the more
dependent on government you will be.
Force employers to pay for "family leave."
Right now the Family Leave Act requires employers to give employees about 12
weeks of unpaid "family leave" to take care of certain family events
and emergencies, such as having a baby, illness, death or some other situation.
The key here is that the family leave is unpaid. The Democrats want employers to
continue to pay the employees while they take their extended vacation. The
Democrats "secret" plan is to begin with a law requiring payment of
about one-half of the employee's salary. This will give Democratic candidates
the opportunity to campaign in future years on the basis of increasing the
percentage paid to those on family leave. Paying people for not working --- a
Democrat staple.
Seizure of property of those who flee Democratic tyranny As Democrats work
diligently for more control over our economy and increase levels of income
redistribution many high-achieving Americans are making plans to run. The
greater the confiscation of wealth becomes the more people start looking for
other countries in which to base their businesses. Democrats have a "secret
plan" to impose confiscatory taxes on any Americans who try to move their
wealth or their business interests out of this country.
Government paid childcare for majority of voters
The absolute last thing a Democrat would ever do would be to suggest to anyone
that they shouldn't have a baby they can't afford to raise. Democrats know that
children are the absolute more important thing in the lives of millions of
Americans. They have been working for decades to impose ever more expensive
rules and regulations on private child care agencies. They have also been
working to raise taxes to the point that it is difficult beyond reason to raise
a child on the income of one working parent. Thus ... the necessity of child
care. If the government steps in and provides the funds for that child care
then, to that extent, the parents become just that much more dependent on
government ... and Democrats.
Government control of all childhood education (indoctrination) Democrats are the
party of big government. Democrats are more than thrilled with the increased
propensity of many Americans to look to government for the solution to virtually
all problems they face in their daily lives. Democrats know that to teach people
that they can expect the government to be there to solve all of their problems
you have to start with the children. Catholic schools can be expected to teach
their students that Catholicism is good. Jewish private schools are going to
sing the praises of Judaism. Christian schools will teach the children that
Jesus is really cool. Government schools? Government schools will promote what?
Government! Thus, Democrats see a clear need to keep as many children in
government education programs as possible. The "secret" plan? Continue
to work against any ideas that would make it easier for parents to remove their
children from government schools. This means working against such ideas as
vouchers or tax credits to help parents afford the cost of private schools. They
will also work to add increased regulations to parents who make the decision to
home school their children.
Government imposed limits on executive income
This one is really going to have to wait until Democrats have a solid control of
the federal machine. The Social Democrat party has plans to institute limits on
executive compensation. The idea is to impose confiscatory corporate income
taxes on companies who pay their top executives more than X-times the
compensation paid to the lowest-paid employees.
Repealing the Second Amendment
Haven't you ever thought it a bit odd that leftists and Democrats are generally
opposed to the concept of the private ownership of firearms, while conservatives
and libertarians favor the idea? Well, there's a reason. Those who value and
celebrate the worth of the individual and of individual freedom generally
believe that the individual should be permitted to own and bear arms. Those who
put the power of government over and above the power of the individual would
just as soon see the individual unarmed. Armed individuals are, of course, a
threat to tyranny.
Destroy talk radio
Democrats aren't fond of talk radio. They know that Rush Limbaugh played a huge
role in the voter revolution of 1994. Leftists realize that almost all
successful talk radio shows are hosted by people who do not share their
political views. They will try to neutralize talk radio through regulation.
Since Democrats love the "fair" word so much, they'll try to resurrect
something called the "Fairness Doctrine." How would this law work?
Well, for example, a talk show host would not be allowed to voice opposition to
a particular Democrat goal without finding some Democrat to go on the air to
defend that goal. Talk radio soared in listenership and popularity following the
death of the Fairness Doctrine. Democrats know that talk radio can once again be
pushed into the radio background with new regulations that stifle conservative
and libertarian voices. Give them the power -- and it's time for me to retire.
You should be aware that at a recent meeting of the Democratic Party of Oregon a
resolution was adopted to use the power of government and the "fairness
doctrine" to reign in those horrible right wing talk show hosts.
Wait! There's more
The above list is by no means complete. Keep you eye on this page as we work to
expose even more of the "secret plans" of America's socialist party,
the Democrats. |
|
|
Search Boortz.com
