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Today's Nuze

"Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others."

Ayn Rand

Nobody's listening.

CRAZY RIGHT-WING MYTHS ABOUT OBAMA

By
Neal Boortz
@ June 9, 2009 8:25 AM
Permalink | Comments (35) | TrackBacks (0)

You can read this article that appears on Salon.com. The article highlights all of the crazy conspiracy theories cooked up by the evil right-wing! The article also documents who has been spreading these "myths." Mind you, I am not a Republican and I am surely not at the top of the talk radio pecking order ... but these people didn't even bother to include me. Go figure. But I'll just give you an example of this list:

Myth: The president wants to raise my taxes.

What they believe: No matter what he may have said on the campaign trail, many conservatives are convinced President Obama's secret agenda now that he's in office is to suck every last cent out of hard-working Americans through tax increases. The anti-tax tea parties on April 15 vividly displayed this widely held belief. Granted, some who attended the events exist on the political fringes, but many notable Republicans, such as Newt Gingrich, Gov. Rick Perry of Texas and Gov. Mark Sanford of South Carolina were also big tea-party supporters.

Who's been spreading it: CNBC's Rick Santelli won fame for his trading-floor conniptions, but he didn't start the tea-party movement or the post-inauguration antitax groundswell. (A whole cadre of conservatives has been warning about Obama's desire for higher taxes. In addition to Gingrich, Perry and Sanford, other right-wing luminaries such as Michelle Malkin and Dick Armey have also propagated the tax myth. However, give credit where credit is due: Unquestionably, the unofficial sponsor of the "Obama is going to raise my taxes" movement has been Fox News. Fox on-air personalities such as Glenn Beck, Neil Cavuto, and Sean Hannity steadily warned their audience of promoted the tea party demonstrations with unbridled gusto and Fox Business has the impending Obama tax hike.

What is real: Obama will raise taxes -- just not on most of the people who are worried about it. For those who make under $250,000 a year (the vast majority of Americans), Obama's tax plan will either lower income taxes or leave those taxes unchanged. The tax increases, which by most estimates amount to $1 trillion over 10 years, are targeted at the incomes of top-tier earners, as well as their capital gains and itemized deductions, such as charitable donations. Obama wants to use the increased tax revenues to pay for healthcare, as well as the soaring national debt and the two wars his predecessor started. Making the myth even more ridiculous is that even with Obama's tax raise on the wealthy, the top tax rate in the nation will still be far lower than it was during the reign of Ronald Reagan, that great beacon of conservative economic policy.

Reality ... there are many ways to raise taxes. Obama's wonderful plan to raise taxes on the evil SOBs who earn more than $250,000 a year amounts to a plan to raise taxes on America's small businesses. These small businesses account for about 70% of all existing jobs, and about 80% of all new jobs. Here's the dirty little secret. The owners of these small businesses report their business income on their personal tax returns. These small businesses represent a huge percentage of the people who report those earnings over $250,000 a year. Obama wants you to believe that his tax increases will simply be taxing people who make over $250K a year. The reality is that he will be taxing these small business owners. And how will they respond? One way would be to raise prices. Pass those tax increases off to the consumers. Government-educated myrmidons don't really see price increases as tax increases, but that's the reality. If the tax increases can't be passed off in the price structure, they will be passed on in wage limitations for employees, or even a reduction in employment figures.

Are you starting to see how useful government education is to the looters? Obama can repeat his "no tax increases on those making less than $250,000" a year line, and the government-educated dupes buy it. Isn't it time for you to look beyond the headlines a bit and try to figure out what is really going on?

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What others are saying

  • Taxes and Fairness
    This is only the beginning. Once executive pay scales are set by the Obamaians, fairness will have to rule. To be fair, no one will be allowed to be paid more than whatever THEY determine to be fair. This will really get interesting when pro athletes can no longer make what the market will bear. Tiger Woods down from $50 million per year to $250,000.00? Baseball, basketball, hockey and racecar drivers! Oh what fun this will be. The Owners? I guess they'll have to lower ticket prices to $5.00 for a box seat and give up all that T.V. revenue! This will be GREAT for us working stiffs. I can afford to go to the games again....Once PRESBO starts buy gas for my old car as he promised during the election.
  • Matt
    Thanks, Matt.

    Now that it directly affects him, my employee has a new appreciation for taxing business owners .... funny how that works.
  • Tax increases only on the evil rich
    But tax "rates" are only one small way to raise "taxes." The biggest "tax" of all is inflation, and that is going through the roof. Did you know that the government has been building in a certain amount of inflation for years? The claim is that it is necessary so that people will be able to get raises each year and feel good, even though the raises often amount to nothing more than treading water. Never mind the part that it also gives the government more free (to them) money to spend each year. Don't believe me? Look it up in most any college Economics textbook.
    But these latest porkulus bills far outstrip anything done so far. During a recession the government can hide most of the inflation for awhile because of the slowdown in the rate that the money changes hands through the economy, the so-called "velocity." Since when times are tough people tend to spend less and save more, twice the amount of money moving at half the velocity, for example, will have no visible effect on prices, but just wait. All the new money is still diluting (stealing) value from all the old money that you have saved, invested, etc. Then later when the effects of this dramatic inflation start to show, the government will blame "evil corporations" for raising their prices to "unconscionable" levels as if they (the government) has/had nothing to do with it.
    So it's easy to go out and say you're not "raising taxes on the vast majority of Americans" if all you're talking about is tax "rates." The government is like the great Oz, saying, "Pay no attention to the man behind the curtain (running the printing presses)" Pay no attention at your own peril.
  • conspiracy????????????????
    it is all a right wing no left wing no no wing, ah crap I did it no it's all bush's fault no boortz did it......
  • prices are just the beginning
    "The reality is that he will be taxing these small business owners. And how will they respond? One way would be to raise prices. Pass those tax increases off to the consumers."

    And let's not forget the effect on the economy when you take money out of "the rich people"'s pockets. An added thousand dollars in taxes is a thousand dollars less that person is going to spend to build that new patio, take that vacation, buy that new vehicle, etc. That's not good for the "little" guys who build patios, clean rooms at the hotel, or answer the phone at the car dealership. The result of government confiscating people's money is is not at all complicated, but yet every time these "level the playing field" scams backfire (and invariably, they do), everybody stares at one another wondering what the hell happened.

    Apparently, since capitalism is "unfair," the answer is to just screw everybody. I guess the hope is that once you've fully installed a nanny state, the economy becomes irrelevant. Who needs a job when D.C. is taking care of all your needs?

    It's just amazing how in the entire history of the world, government-induced prosperity has NEVER worked, yet so many people are always willing to give it another try.
  • @ stepcousin
    Amen! Thank for that common sense.
  • The Programmer
    you have a twisted mind, but probably right

    "Lets then assume the pay czar limits executive compensation to $250k or less. Now all of the sudden (except for small business again) there is no one left to increase taxes on. Oh gosh, what will Obama do now?

    Easy, the government will just come in to those same businesses and say "Ok, all the money you would have paid to the executives, but now can't, is windfall profits. We're going to tax that at 100%."
  • Salon:Forget those right-wing myths and hear the gospel of hussein!
    He might not WANT (like his jet-setting butt really cares) to raise taxes on people making less than $250K (though they are actually already down to $70K), but he's going to, and it still isn't going to be enough. Almost everybody that pays income taxes will pay more, almost everybody will pay his new fuel and sin taxes, and any middle class tax cut (lol) or freeze will suffer the fate of wild bill’s aborted MCTC in the ‘90s. They ‘tried,’ but the money just wasn’t there…suckers.

    It takes less blind faith to believe in God Almighty than it does to believe these disciples and their messiah. The $1 trillion they claim they’ll get won’t come close to covering healthcare, much less the wars aq and saddam started (truther moonbats, lol), or any of his real spending priorities. It won’t even cover the dp ‘stimulus’ that didn’t…suckers.

    I'm sure it was an innocent oversight that salon neglected to mention most of the reductions in tax rates since President Reagan were accompanied by reductions and eliminations of deductions. Now they want to eliminate the rest of the deductions AND jack the rates back up…suckers.

    It's also interesting that they are going after charitable giving, they consider it competition to their racket. If you want an object lesson in greed, nothing is greedier than government, and no government has topped the greed of socialist governments. Notice also, the confusion of President Reagan, lifelong champion of freedom and independence from government, with the “reign” of an authoritarian/totalitarian ruler. I can’t believe so many people get suckered by these tinhorns.
  • trickle down, baby
    I have a dumb mass Obama supporter working for me. I've informed him that when his illustrious leader increases my taxes, he can damn well expect a pay freeze. He told me that that's not fair. I told him to cry to Obama, considering Obama will be the one punishing the company.
  • The plan may be more insidious than it appears...
    Is there a bigger picture emerging here?

    First, we have the Obama sycophants continually spouting the non-sense that taxes will only go up for those making over $250k, which we know will hit mostly small businesses.

    Then we have the introduction of the pay czar, sorry Special Master for Compensation, who will be limiting executive pay in bailout companies (today) and probably all of them tomorrow.

    Lets then assume the pay czar limits executive compensation to $250k or less. Now all of the sudden (except for small business again) there is no one left to increase taxes on. Oh gosh, what will Obama do now?

    Easy, the government will just come in to those same businesses and say "Ok, all the money you would have paid to the executives, but now can't, is windfall profits. We're going to tax that at 100%."

    Hey, they tried it with the oil companies. The sheeple won't see anything wrong with that, after all the companies won't really need that money anyway, right?

    So the end result - Obama stands up there and says "See I told you, I didn't raise taxes on anyone making less than $250k" and can be telling (mostly) the truth. Because he will have raised taxes only on businesses.

    Then he'll be able to tell the businesses they aren't really paying any new taxes because if they had given that money to the executives it would be gone anyway, so they have nothing to "pass on" to the consumer.

    The end result is business flight from the US.
  • In other news, Salon magazine has declared that water isn't wet, up is now down and blue is really red.
    These are all more examples crazy- right wing myths according to the geniuses at Salon.
  • Tea Party About Government Not Taxes
    The real purpose of the Tea Party is to slow and reduce government spending. The deficit had grown to its largest in history over the past years. The media did not hesitate to bash President Bush for these large deficits. I agreed with the media over the past several years when they said the deficit was too large. What the media often overlooked was fiscally liberal Republicans and Democrats in Congress were writing the budget, which was signed by President Bush.

    Now the fiscally liberal groups have more power in congress and Executive Office. What has happened? A planned deficit that is roughly four times the largest deficit ever seen in the history of the US. Many people are opposed to such outrageous spending on a personal level (charging a lot of money on credit cards is not a wise option for someone who cannot pay those credit cards off quickly).

    The worst part for many opposed to bailouts is that it is financially rewarding the companies and people who made bad decisions. This is not a wise investment (which is not the purpose of US Government anyways) or the successful businesses would be the ones receiving the money.
  • Re: By Joyce M/Blythe @ 06/09/09 10:17:19 AM
    We may not want to put all of our eggs in one basket with 2010

    The achievers are going to have to start thinking about other ways they can stop this – they are the ones that the Statist's are going to want to keep on producing.
  • Obama and Democrats
    But for some good news, the tide may just be starting to turn...but notice the MSM reaction!

    From http://www.800poundgorillamedia.com/News.html

    June 8, 2009, 3:50 pm
    Republicans Seize Control of State Senate
    By Jeremy W. Peters AND Danny Hakim. NYT

    State Senate revoltRob Bennett for The New York Times; Suzanne DeChillo/The New York Times Two state senators — Pedro Espada Jr. of the Bronx and Hiram Monserrate of Queens — moved to defect to the Republican side, which would end Democratic control of the chamber.

    Updated, 5:14 p.m. | ALBANY – Republicans seized control of the New York State Senate on Monday, in a stunning and sudden reversal of fortunes for the Democratic Party, which controlled the chamber for barely five months.

    A raucous leadership fight erupted on the floor of the Senate around 3 p.m., with two Democrats, Pedro Espada Jr. of the Bronx and Hiram Monserrate of Queens, joining the 30 Senate Republicans in a motion that would displace Democrats as the party in control.

    It was a noisy and acrimonious scene on the floor of the Senate as Senator Thomas W. Libous, a Republican from Binghamton and the party’s deputy leader, shouted for a roll-call vote, while Democrats attempted to stall the vote by asking to adjourn the session.

    All 30 Republicans stood with their hands raised, signaling a vote for a change in leadership. Mr. Espada and Mr. Monserrate joined them, each raising his hand. Republicans won the vote by a 32-to-30 margin. The Senate will now be governed under a new joint leadership structure, with Mr. Espada serving as the president pro tempore, and Senator Dean G. Skelos, of Long Island, as the new majority leader.

    After the results of the vote were read aloud, the in-house television station that carries Senate proceedings live in the Capitol went dark. All that appeared on the screen was a still photo of the Senate chamber and the words “Please stand by.”
  • Ricky
    Rick Santelli was late to the (tea) party! I think a lot of libertarians started the tea party back in the fall of 2008 when the Bush Administration put forth this awful plan to bail out the financial sector. Rick and his boys on the floor of the CME only got their boxers in a wad when Obama proposed this equally bad homeowner bailout. I didn't hear a peep out of Ricky boy when the Senate passed the $700 billion bailout for the financial sector. Both are rewarding bad financial decisions.
  • Myths
    Santelli has been on point for the last year I've been watching CNBC. But his rant that started the Tea Parties was about big goverment and rewarding bad behavior,Obama raising taxes was a no brainer, he is... a Democrat. So why do you call ppl that don't want higher taxes SOBs? The only thing that isn't a Myths is you being at the top of any journalistic pecking order.
  • Many people will pay less taxes
    If you lose your job, are forced to take a pay cut to keep your job, or are a small business owner who gets less business because of a bad economy, you will be paying less taxes. Obama is right, and how dare you question him.
  • Taxes are going up
    See I told ya'll Fox News was behind this whole tea party thing! Taxes are going up for everyone since the Bush tax breaks are not being renewed. Also wait until the unwashed workers realize they did not get a tax break with the changes in withholding, but they still have to pay the same taxes.
  • Inflation = Tax
    Ross and Tim are correct. But let's not forget that for every dollar more you have to pay for something because of that inflation, you have to pay the TAX for those additional dollars you are forced to spend. And the FG doesn't know we see this. Well, maybe the libtards don't. Slimeballs all of them.
  • Two mind sets
    Most of us here are smart enough to realize we have been handed a blow to our income and liberties. Unfortunately, there are those like our resident trolls who feed off us. The problem is their numbers are starting to overcome us producers.

    I guess that is why producers need to go on strike!

    2010 is our only shot at least of slowing this disaster. Thanks lefty. For nothing.
  • Response to Copyleft
    I have seen a couple of your responses and quite frankly they shock me. Copyleft do you have any idea how a small business works? Do you know what it is like to try to meet payroll? Do you know what it is like to put everything you have at risk to start a business and employ others only to be maligned by people like you and told I make too much money and need to "give back"?? Let me tell you the story of two of the eight employees I have. My taxes are going up, that is a fact. Now I am being told that the socialists want ME to pay for employee health care and if I don't I will "contribute" to a socialist run scheme. So I see what is on the horizon. With government educated morons electing these criminals I know what is coming. Two months ago I made my first layoff replacing her job with a technical solution. That will save me almost 25,000 a year for the first year after costs of solution and about 35,000 in year two on. It was easy to pick her out because of the bumper stickers on her car and the fact that she always seemed to have something else come up that took priority over work. I am about to have to let a second person go as I anticipate the coming tax pressures. You can bet it won't be one of my family members and it won't be the guy with the NRA sticker on his window. I pretty much know he is a capitalist at heart and a good employee. I will lift those up with me that work hard. I will shed those who vote for power grabbing politicians that want to destroy what I have worked so hard for.
  • RecklessProcess@yahoo.com
    Don't forget that O'momma has promised to end the Bush Tax Cuts. I make well under 100k and it means my taxes will go up 3 or 4 thousand a year. He promised they would end. So he Promised my taxes will go up. He is a liar.
  • What???
    Obama plans to use these tax revenues to pay down the "soaring national debt"? Even if he confiscated every dime from the "evil rich", he would have a hard time paying for all the crap he's proposing. True, Bush was no fiscal conservative, but to imply that a tax increase is necessary to pay for Bush's spending is the real crazy myth!
  • Taxes in many forms
    Taxes come in many forms, and the most insidious of these is called inflation. Inflation is an expansion of the money supply, which diminishes the value of each dollar by an amount equal to the new dollars added to the total amount. This taxes everyone and absolutely everything by reducing its value, and it makes us all poorer from the richest heavy hitter, to the most poverty stricken.
  • I call BS
    The rampant inflation and devaluation of our dollar is a hidden tax increase on everyone. Salon is a tool. Obama is a fool.
  • Increased taxes doesn't equal a tax increase to Obama
    Good point about the VAT Tax Matt. But you left one out...that Obama is going to let the Bush tax cuts expire. I don't know about you, but having to pay more taxes and a tax increase are the same thing to me. Only a politician can raise your taxes and tell you he's not raising your taxes all at the same time
  • Obama Myths
    Oh come on!

    Obama's Income tax hike is only for those who make $250,000 a year. Now, of course, there will be SOME non-income taxes going up, but only for those people who smoke and drink. And drive cars. And have health insurance. Use electricity. Or coal. Eat food. Shop in American stores. Belong to clubs and organizations. Play golf. Fish. Give to charities.

    If Obama could figure a way to tax you for thinking, you can bet there'd be a wire connected to your head before Labor Day.
  • Reaganphobia
    First off, Reagan didn't "reign", he governed.

    Secondly, the top tax rate was reduced to 28% (with a 33% interim bracket) by the time he left office. I believe it's now about 39%

    Third, aren't these the same people who endlessly bitched that Reagan cut taxes too much? WHICH IS IT?!
  • The plutocrats
    The plutocrats are always oh-so-solicitous of "small businesses" whenever their plunder is threatened, aren't they?

    Let's hope Americans are too smart to fall for this red herring again.
  • Explanation
    Neal, technically and economically you are right. But the average, gov educated person isn't going to understand you (I'm fortunate to have a economist for a father). We need to find ways of explaining this to the average American.

    Like: no pay raises...lost jobs....the people in power will (rightfully) find a way to keep the money they have earned. Higher taxes hurts everyone.

    I know that Im not doing a good job explaining it. Neal, since your much more fluent speaker, would you mind working on that? please? for the sake of my job ? :)
  • Re: Crazy-myths-about-Fauxbama - That headline is answered by this headline:
    Obamanomics: How Stupid Do They Think We Are?
  • Taxes
    Neal's description is accurate. Also, it does not take into account ideas being floated around like the 25% VAT tax which amounts to a national sales tax on all goods and services. That is an across the board tax increase on everything!!!!! Who is right now? The media or the "right wingers"?
  • The Statists have nothing to run on except Lies – this one would make Goebbels proud.
    The Leftist will use what ever tactics are necessary to stay in power, and this Blatant Lie proves it.
  • my book
    Why do I feel like my book, "Atlas Shrugged" is coming to pass much in the manner that prophecy is fulfilled?
  • CRAZY RIGHT-WING MYTHS ABOUT OBAMA
    Can anyone find when Salon did an article debunking the Angry Left myths about "W"?
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