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Today's Nuze

"When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that justifies it."

Frederic Bastiat

WHEN IN DOUBT, TAX THE EVIL PROFITS

By
Neal Boortz
@ October 12, 2009 8:27 AM
Permalink | Comments (21) | TrackBacks (0)

Democrats in the House know that they can't tax Cadillac insurance plans because the unions have those Cadillac insurance plans. Just what do you think you have been paying for every time you buy an American-made automobile! That means the unions don't particularly like this Democrat idea ... and if the unions don't like it, the idea is all but dead. Democrats would throw kittens into chipper-shredders before they would ever do anything to really upset their precious unions. So now, Princess Nancy and her minions are scrounging to find other ideas to generate revenue. The latest one in the works is a windfall tax on insurance company profits. There you go ... a "windfall tax." Whenever the looters want to legitimize an extra tax on a private sector business they just say "windfall" and their myrmidons fall right into place. After all ... don't we all truly understand that anything not-government is intrinsically evil? And don't we all know that the very quest for profit is a pure and evil manifestation of greed? Let's face it; this money doesn't belong to these businesses anyway, it belongs to the people! Money to the people! So it's perfectly logical to seize it to take care of the people's health care.

Nancy says that the idea is in its very early stages, but it is definitely being considered. That's bull. When it comes to seizing money from the private sector, no Democrat idea is in the early stages. This is a staple of looter politics. Princess Pelosi says, "I believe that all of the participants, whether it is insurance companies or the pharmaceutical industry, have much more they can put on the table to help reduce cost and take us in a downward direction in terms of spending on this health care bill." Well isn't that special? Nancy Pelosi believes that these private companies have more money to put on the table, therefore she will use the force of government to make sure they do so? That's what our imperial federal government has come to.

This is just part of the Democrat plan to demonize the private health insurance companies. Later this week, House looters have called for health insurance executives to testify before Congress to "defend their business practices."

By the way, this week is a big week for healthcare legislation in the Senate. The Senate Finance Committee is going to take a final vote on the Baucus healthcare bill and then send it to the full chamber.

The fun never stops.



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What others are saying

  • Sign of lack of freedom
    If you can be summoned before the government to defend your business practices without being accused of a crime, can you really claim you are living in a free country?
  • taxes
    Are all these taxes to cover the 5+% raizes that congess gave itself, the halls of congress is a den of thieves and liars!!!
  • @butt neckid
    Mt P.O. is a tw*t waffle (look I spelled waffle right this time!) too, but I would totally do her
  • congressional hearings
    So congress wants to question the health insurance indusrty as to their business practices? Hot D@mn,
    When does the citizen get to question congress about THEIR business practices> Hmmmmm?
  • Insurance Profits
    Insurance companies make a profit when people are healthier and file fewer claims.

    The tax on their profits will of course be rolled into premiums and paid by the consumers.

    Consumers who are then paying a tax for being healthy.
  • does your parole officer..................................
    SLUT PUPPY...............if you were to consort with princess nan.....you're on the way back to the big house.....

    it says in the third paragraph.........no f'ing around wit' krimanals.......
  • How about a botox tax?
    Pelosi would be opposed to that, no doubt.
  • Ummm...I have a question...(or two)
    If we the taxpayers own GM, doesn't that make them government employees?

    I was watching a Congressman on Greta go over a typical government employee health insurance deal. Why is the plan so much better for UAW? They have virtually NO out-of-pocket expenses, except for a pittance for prescription meds. Do they get to keep this when the rest of us get forced into ObamaCare? Aren't they actually government employees now?

    What's the deal? You can only get good insurance under ObamaCrap if you're in a union?
  • Nancy Pelosi is a total tw*t waffel!
    I would totally do her though.
  • Ridiculous
    See, my problem is this:
    So, like, what's going to happen if the democrats do the right thing and say to the unions: hey we're doing the right thing, so well, sorry you're angry?
    Will the unions go to the other side? Unlikely.
    Same with the trial lawyers (and the evangelicals on the other side for that matter).
    So it's so disturbing to me this whole thing.
    The dems COULD say: sorry, but we're doing the right thing by the American people, and well, i'm sorry you're upset, but what you SHOULD want is for us to do the right thing.
    Seriously - are they going to really go to the other side????
  • Nightmare on Pennsylvania Avenue
    I keep thinking I'm just having a nightmare and when I wake up, all this will be gone. But no...Nancy Pelosi is Freddy Krueger's sister. Or as they say in the islands...see you in tahiti. Why doesn't she propose having government reduce it's costs to the taxpayers? Then we don't have these stupid discussions about taxing everything that moves and much of what doesn't. Yeah, I know, the Republicans didn't either. But it's funny that the Democrats who claimed a new era of 'fiscal responsibility' didn't object to Bush spending increases and haven't cut anything as of today. I smell hypocracy. Or is that just bullsh#*?
  • Windfall Profits
    There is no such thing as windfall profits. Profits are paid to share holders, and in the case of the insurance industry many of the share holders are retirement funds. Think of police, firemen, teachers, etc. So if profits increase so does the health of the retirement funds. I wouldn't mind seeing the teachers retirement fund go broke, but not anyone else.
  • It is tempting
    See, if we just got out of their way they'd cut their own leg off in no time.
    Give 'em a chainsaw and stand back. It would be wrong, but it's sorely tempting sometimes.
    By CowboyUp

    If I didn't believe that the damage would be irreversible, I'd say, let 'er rip.
  • See, if we just got out of their way they'd cut their own leg off in no time.
    Give 'em a chainsaw and stand back. It would be wrong, but it's sorely tempting sometimes.
  • Conservatives love taxes
    I know the crybaby conservatives cry every time a new tax is even suggested, but where are the plans to lower taxes? I dont see anybody bringing up the fairtax. What a shock, conservatives are all crying and no working
  • Robbins,
    All this administration does is attack Americans' rights, businesses, and industry. Every minute, every hour, every day. Not a minute is to be wasted. No country has or could ever survive this type of assault. Lord help us all.
  • 'Windfall Profit Tax'???
    Windfall profits? From the insurance industry, which has what.....a 3% profit margin on average? Could the democrats be ANY more out-of-touch?
  • Remember my list
    Goals to take over or collapse our system to be replaced with their own include gaining control over:

    transportation
    communication
    food
    healthcare/medicine
    manufacturing
    finance

    Keep the list handy and check off each item as it happens. But only if you are too stupid or asleep to stand up and stop it BEFORE it happens.

    Good one Robbins!
  • Unions have Cadillac plans???? OMG
    Dateline Planet Earth

    In a shocking display of total cluelessness, Democrats have pushed forward an idea to tax "Cadillac" insurance plans. This reporter is stunned at the incompetence of the Demoocrat Party. Having the best employee benefits has been a source of pride for the UAW and other large unions for, oh, 50 years or so.

    When questioned, House Leader Pelosi said "gee, I was not aware that my loyal constituents and union brethren had good health insurance".

    When this reported followed up with the question "Madame Speaker, why do you think they call them "Cadillac" plans", she respoinded "I believe that is a reference to a historical Native American leader, and everyone knows that Native Americans believed in community first, personal achievement second".

    Pelosi was then asked to explain if she intended on pursuing this piece of legislation. Her response was "We have to find ways of correcting the errors of the Bush administration, and administration that allowed this situation to develop"

    It is anticipated that the proposed legislation will be amended to apply the tax only on those Cadillac plans given by employers who never built a Cadillac, Liincoln, Dodge, or any other motor vehicle. Tax regulations are expected to be drafted to also exempt any employer who has accepted government funding (except banks), employers owned by minorities, the middle class, and any business owned by Charles Rangel and /or relatives.
  • Windfall Rebate
    Boy, I'd like to see a windfall revenue rebate. Whenever the the gov't has income in excess of some "astronomical" amount, say $1B, then 25% of all gov't revenue in excess of $1B is returned to tax payers. Not gonna happen, though; the looters can't live by their own logic.
  • Barokeydoke Hubris Obozo
    I'm beginning to feel about this administration the same way the hapless sports writer for the Philadelphia Inquirer reportedly felt while covering the perennial cellar dwelling Phillies back in the 50's at Connie Mack Stadium....on opening day,in the middle of the 6th innning with the Phillies trailing the Cubs 8-1,he leaned back in his chair in the press box,yawned and stretched,and with genuine despair aske his colleagues "Lord won't this season ever end?"
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