Saturday, May 30, 2009

Today's session of "The administration is screwing the country"

will note several things. First, that the People's Republic of Maryland is finding out even more so that screwing people who work hard to succeed, costs.
Maryland couldn’t balance its budget last year, so the state tried to close the shortfall by fleecing the wealthy. Politicians in Annapolis created a millionaire tax bracket, raising the top marginal income-tax rate to 6.25%. And because cities such as Baltimore and Bethesda also impose income taxes, the state-local tax rate can go as high as 9.45%. Governor Martin O’Malley, a dedicated class warrior, declared that these richest 0.3% of filers were “willing and able to pay their fair share.” The Baltimore Sun predicted the rich would “grin and bear it.”

One year later, nobody’s grinning. One-third of the millionaires have disappeared from Maryland tax rolls. In 2008 roughly 3,000 million-dollar income tax returns were filed by the end of April. This year there were 2,000, which the state comptroller’s office concedes is a “substantial decline.” On those missing returns, the government collects 6.25% of nothing. Instead of the state coffers gaining the extra $106 million the politicians predicted, millionaires paid $100 million less in taxes than they did last year—even at higher rates
.
There've been several studies over the years showing that most millionaires did not inherit a fortune or just fall into money; they worked their ass off to earn it. Lots of them don't buy the newest car or a McMansion; they worked hard for what they've got, and don't want to waste on on showy crap. People like that resent being told that being singled out for higher taxes is 'paying their fair share'. So if the state they live in decides to screw them, if they can, they move. And the class warriors like the idiot governor of the PRoM watch their budget sink even faster.


Now, let's move on to the Chrysler dealership closings. As someone pointed out, you wouldn't have to actually target R dealership owners to have an effect; you'd only have to protect D owners from being closed. Well, there's lots more being dug up, it seems.
"It became clear to us that Chrysler does not see the wisdom of terminating 25 percent of its dealers," Bellavia said. "It really wasn't Chrysler's decision. They are under enormous pressure from the President's automotive task force."
...
Now, and this is important, Chrysler claimed that its formula for determining whether a dealership should close or not included "sales volume, customer service scores, local market share and average household income in the immediate area."

Dealer Jim Anderer told Fox News' Neil Cavuto he can't comprehend how his dealership can be among those killed: he stated that his sales volume ranking is in the top 2 percent of all dealers.

Furthermore, Anderer says explanations aren't forthcoming. "They won't tell us. They seem to be running for cover right now because they won't give us a solid explanation. They come up with all these reasons, but none of them seem to make sense... This is insanity. The government is stealing my business. And they're telling me there's nothing I can do about it... There was no process that you could put your finger on and say, 'Hey, we cut 25 percent of the lowest performing dealers.' They didn't do that. Nobody will give us a real clear explanation of the formula that they came up with."
Long article, worth looking at.


Third, Pres. B. Cartman Obama's pick for the Supremes is not only a racist, she thinks the 2nd Amendment doesn't apply to individuals, it seems:
Sotomayor is a graduate from Princeton University, where her legal theses included Race in the American Classroom, and Undying Injustice: American "Exceptionalism" and Permanent Bigotry, and Deadly Obsession: American Gun Culture. In this text, the student Sotomayor explained that the Second Amendment to the Constitution did not actually afford individual citizens the right to bear arms, but only duly conferred organizations, like the military. Instead of making guns illegal, she argues that they have been illegal for individuals to own since the passing of the Bill of Rights.(note: in comments Jed says the thesis information may not be accurate)
And, like so many liberal wankers who have succeeded, she doesn't think anyone else can:
Even with her meteoric rise, the nominee still believes there is work to do. In a 1999 interview with a local author, Sotomayor stated that she believed that the United States, "...may never truly be fixed. Racism and economic warfare still crush the dreams of countless second-class citizens. The unfair dimensions of our culture are staggering. You cannot succeed if you are born poor; you simply cannot."
Yeah. Right.

I'd strongly suggest calling/writing your congresscritters NOW, and telling them to fight this nomination. Maybe she can't be stopped, be we can damn well dig up everything like this she's come out with and make sure people know about it. And any Republican who doesn't have the balls to fight this because 'it might hurt us with hispanics' or because they're a Rhino, needs to be dealt with. Like by being removed from office at the first opportunity.

Crap. I need to go cast bullets.

3 comments:

jed said...

That senior thesis claim is bogus -- at least according to Glenn Reynolds. I don't have a link to him writing that, but rather, in this PJM piece (audio) at 4:25.

Irrespective of that, casting lead is always a good idea.

martywd said...

"The administration is screwing the country".
Firehand, this is a bit OT, but have you seen this at Pravda, no less, outlining and almost lamenting the fall of 'American capitalism...'?

Firehand said...

I've seen it; not pleasant at all.

Jed, my connection is so slow lately I've not been watching videos. I'll take your word for it. Got something new to post on it as well.