Lower Capital Gains increases Revenue... Numbers do NOT Lie...!

LOWER CAPITAL GAINS TAXES ARE BETTER FOR A HEALTHY GROWING ECONOMY:

An important, but too often overlooked, argument against higher taxes on capital gains is the actual amount of revenue generated by arbitrarily determined tax rates.

In a paper titled "Federal Capital Gains Tax Collections, 1954-2008," the Tax Foundation reports that federal capital gains tax receipts in 1978, the last year the maximum long-term tax rate on capital gains was 39.87%, totaled $9.14 billion. The next year the capital gains tax rate was reduced to 28%. Capital gains tax receipts increased immediately. Three years later the Economic Recovery Tax Act of 1981 reduced the maximum capital gains tax rate again, this time to 20%. By 1983, the second year of lower tax treatment of capital gains, capital gains tax receipts rose 45% to $18.7 billion. By 1986, five years after implementation of lower tax treatment of capital gains, capital gains tax receipts hit $52.9 billion, an increase of 313% over 1981, the last year of the maximum 28% long-term capital gains tax rate.

One year later, in 1987, the maximum tax rate on long-term capital gains returned to 28% and capital gains tax receipts promptly fell 36% to $33.7 billion. Capital gains tax receipts didn't exceed the high-water mark of 1986 until 1996, a full decade later, when receipts totaled $66.3 billion. That 10-year period (1987-1996) saw total GDP increase 75%, to $7.8 trillion, yet capital gains tax receipts fell as the maximum long-term capital gains tax rate was increased, first to 28% (1987), then to 29.19% (1993).

Capital gains tax rates were lowered a year later in 1997. As a result, capital gains tax receipts rose 60% through 2000. Despite a sharp decline over the next two years caused largely by the 45% drop in the stock market, capital gains tax receipts rose 42% from $49.1 billion in 2002 to $73.2 billion in 2004, the first year of reduced capital gains tax rates legislated in 2003. By 2007, the fourth year of lower capital gains tax rates mandated by the 2003 Bush tax cuts, total capital gains tax receipts hit $137 billion, an all-time high, despite the lowest capital gains tax rates since 1933.

There may be more high-income earners paying capital gains taxes on carried interest today than in years past, but clearly there is no evidence that raising tax rates on capital gains creates more capital gains tax receipts.

Lies that the Obama Machine has perpetrated. Here is a list starting with his book !!

LIES FROM A FUCKING ASSHOLE

TERRY ANDERSON, A BLACK LOS ANGELES TALK RADIO HOST, WENT DOWN A LIST OF THINGS SENATOR OBAMA HAS SAID THAT AREN'T EXACTLY CORRECT.

1.) Selma March Got Me Born - NOT EXACTLY, your parents felt safe enough to have you in 1961 - Selma had no effect on your birth, as Selma was in 1965.
(Google 'Obama Selma ' for his full March 4, 2007 speech and articles a bout its var

ious untruths.) ! !

2.) Father Was A Goat Herder - NOT EXACTLY, he was a privileged, well educated youth, who went on to work with the Kenyan Government.

3.) Father Was A Proud Freedom Fighter - NOT EXACTLY, he was part of one of the most corrupt and violent governments Kenya has ever had.

4.) My Family Has Strong Ties To African Freedom - NOT EXACTLY ; your cousin Raila Odinga has created mass violence in attempting to overturn a legitimate election in 2007, in Kenya . It is the first widespread violence in decades. The current government is pro-American but Odinga wants to overthrow it and establish Muslim Sharia law. Your half-brother, Abongo Oba ma, is Odinga's follower. You interrupted your New Hampshire campaigning to speak to Odinga on the phone. Check out the following link for verification
Of that....and for more.

Obama's cousin Odinga in Kenya ran for president and tried to get Sharia Muslim law in place there. When Odinga lost

the elections, his followers have burned Christians' homes and then burned men, women and children alive in a Christian church where they took shelter... Obama SUPPORTED his cousin before the election process here started. Google Obama and Odinga and see what you get. No one wants to know the truth.

5.) My Grandmother Has Always Been A Christian - NOT EXACTLY , she does her daily Salat prayers at 5am

according to her own interviews. Not to mention, Christianity wouldn't allow her to have been one of 14 wives to 1 man.

6.) My Name is African Swahili - NOT EXACTLY , your name is Arabic and 'Baraka' (from which Barack came)

means 'blessed' in that language. Hussein is also Arabic and so is Obama.

Barack Hussein Obama is not half black. He is the first Arab-American President, not the first black President. Barack Hussein Obama is 50% Caucasian from his mother's side and 43.75% Arabic and 6.25% African Negro from his father's side. While Barack Hussein Obama's father was from Kenya , his father's family was mainly Arabs.. Barack Hussein Obama's father was only 12.5% African Negro and 87.5% Arab (his father's birth certificate even states he's Arab, not African Negro).

7.) I Never Practiced Islam - NOT EXACTLY , you practiced it daily at school, where you were registered as a Muslim and kept that faith for 31 years, until your wife made you change, so you could run for office.

8.) My School In Indonesia Was Christian - NOT EXACTLY, you were registered as Muslim there and got in trouble in Koranic Studies for making faces (check your own book).

February 28, 2008. Kristoff from the New York Times: Mr. Obama recalled the opening lines of the Arabic call to prayer, reciting them with a first-rate accent. In a remark that seemed delightfully uncalculated (it'll give Alabama voters heart attacks), Mr. Obama described the call to prayer as 'one of the prettiest sounds on Earth at sunset.' This is just one example of what Pamela is talking about when she says 'Obama's narrative is being altered, enhanced and manipulated to whitewash troubling facts.'

9.) I Was Fluent In Indonesian - NOT EXACTLY, not one teacher says you could speak the language.

10.) Because I Lived In Indonesia , I Have More Foreign Experience - NOT EXACTLY , you were there from the ages of 6 to 10, and couldn't even speak the language. What did you learn except how to study the Koran and watch cartoons?

11.) I Am Stronger On Foreign Affairs - NOT EXACTLY , except for Africa (surprise) and the Middle East (bigger surprise); you have never been anywhere else on the planet and thus have NO experience with our closest allies.

12.) I Blame My Early Drug Use On Ethnic Confusion - NOT EXACTLY , you were quite content in high school to be Barry Obama, no mention of Kenya and no mention of struggle to identify - your classmates said you were just fine

13.)An Ebony Article Moved Me To Run For Office - NOT EXACTLY, Ebony has yet to find the article you mention in your book. It doesn't, and never did, exist.

14.) A Life Magazine Article Changed My Outlook On Life - NOT EXACTLY, Life has yet to find the article you mention in your book. It doesn't, and never did, exist.

15.) I Won't Run On A National Ticket In '08 - NOT EXACTLY, despite saying, live on TV, which you would not have enough experience by then, and you are all about having experience first.

16.) Voting 'Present' is Common In Illinois Senate - NOT EXACTLY, they are common for YOU, but not many others have 130 NO VOTES.

17.) Oops, I Miss-voted - NOT EXACTLY, only when caught by church groups and Democrats, did you beg to change your misvote.

18.) I Was A Professor Of Law - NOT EXACTLY; you were a senior lecturer ON LEAVE.

19.) I Was A Constitutional Lawyer - NOT EXACTLY, you were a senior lecturer ON LEAVE.

20.) Without Me, There Would Be No Ethics Bill - NOT EXACTLY, you didn't write it, introduce it, change it or create it.

21.) The Ethics Bill Was Hard To Pass - NOT EXACTLY, it took just 14 days from start to finish.

22.) I Wrote A Tough Nuclear Bill - NOT EXACTLY, your bill was rejected by your own party for its pandering and

lack of all regulation - mainly because of your Nuclear donor, Exelon, from which David Axelrod came.

23.) I Have Released My State Records - NOT EXACTLY, state bills you sponsored or voted for have yet to be

released, exposing all the special interests pork hidden within.

24.) I Took On The Asbestos Altgeld Gardens Mess - NOT EXACTLY, you were part of a large group of people who remedied Altgeld Gardens . You failed to mention anyone else but yourself, in your books.

25.) My Economics Bill Will Help America - NOT EXACTLY, your 111 economic policies were just combined into a proposal which lost 99-0, and even YOU voted against your own bill.

26.) I Have Been A Bold Leader In Illinois - NOT EXACTLY, even your own supporters claim to have not seen BOLD action on your part.

27.) I Passed 26 Of My Own Bills In One Year - NOT EXACTLY , they were not YOUR bills, but rather handed to you, after their creation by a fellow Senator, to assist you in a future bid for higher office.

28.) No One on my campaign contacted Canada about NAFTA - NOT EXACTLY, the Canadian Government issued the names and a memo of the conversation your campaign had with them.

29.) I Am Tough On Terrorism - NOT EXACTLY, you missed the Iran Resolution vote on terrorism and your good friend Ali Abunimah supports the destruction of Israel .

30.) I Want All Votes To Count - NOT EXACTLY; you said let the delegates decide.

31.) I Want Americans To Decide - NOT EXACTLY , you prefer caucuses that limit the vote, confuse the voters,

force a public vote, and only operate during small windows of time.

32.) I passed 900 Bills in the State Senate - NOT EXACTLY, you passed 26, most of which you didn't write yourself.

33.) I Believe In Fairness, Not Tactics - NOT EXACTLY, you used tactics to eliminate Alice Palmer from running

against you.

34.) I Don't Take PAC Money - NOT EXACTLY, you take loads of it.

35.) I don't Have Lobbyists - NOT EXACTLY, you have over 47 lobbyists, and counting.

36.) My Campaign Had Nothing To Do With The 1984 Ad - NOT EXACTLY, your own campaign worker made the ad on his Apple in one afternoon.

37.) I Have Always Been Against Iraq - NOT EXACTLY, you weren't in office to vote against it AND you have voted to fund it every single time.

38.) I Have Always Supported Universal Health Care - NOT EXACTLY, your plan leaves us all to pay for the 15,000,000 who don't have to buy it.

39.) My uncle liberated Auschwitz concentration camp - NOT EXACTLY, your mother had no brothers and the Russian army did the liberating.

So, who EXACTLY is this Obama guy and what is he trying to sell us?! Please get to work now...not enough of your loved ones and friends know about this fraud.

Does this guy ever tell the truth? NOT EXACTLY!!!!!!!

HEY LIBERALS IN CHICAGO AND DETROIT AND LOS ANGELES... LEARN SOMETHIN ABOUT CRIME FIGHTING!

 

 

 

 

 

 

 

Texas' Crime Rate Falling More Rapidly Than National Rate.

Trivia Tidbit of the Day: Part 960 -- Texas Crime Rate Declines-
Crime has been declining in the United States for roughly two decades now, and the declines seem to continue in good times and in bad times alike.
Always such a pivotal issue in the 1980s, rarely nowadays is crime even mentioned on the campaign trail, on the nightly news, or elsewhere as a major problem. There's less of it. People are safer. Our communities are safer. And that's great news.
But crime is still a drain on society. It harms individuals. It tears families apart. It ties up public resources. It depresses the economy.
So what if I told you that, just as Texas' relatively conservative fiscal policy has led to higher economic growth and more jobs than in states with more left-wing fiscal policy, and just as Texas' legal reforms have compelled Americans-- especially physicians-- to vote with their feet and move to Texas, and just as forced unionization has driven businesses and workers to Right to Work states like Texas, it turns out that Texas' criminal justice policy may also be a model for other states, too.
Examining Federal Bureau of Investigation (FBI) and Texas Department of Public Safety (TxDPS) data, Texas is improving its crime rate faster than the rest of the country, all while bringing costs down by tapping the brakes on both incarceration and recidivism. For the latest data available, Texas showed improvements far greater than the national improvements on both violent crime and property crime:
click image for larger version The Texas Public Policy Foundation's Marc Levin adds:

The Lone Star State has emerged as a national leader in criminal justice reform, strengthening alternatives to incarceration by using conservative principles such as limited government and accountability. The dramatic crime drop in Texas far surpasses the national downward trend and validates the smart approach to cutting crime and costs that Texas continues to take and which the Foundation’s Right on Crime initiative has promoted across the nation.

Indeed.
And, on every single sub-category of crime, Texas is improving faster than the nation:
click image for larger version There is a conservative model for producing safer communities, while safeguarding against busting the budget by simply constructing more and more prisons. It's not found in Illinois, where the number of prisoners recently hit an unexpected record high, nor in Philly, where the prison population has soared to 9,170 in an expensive prison system designed to hold 6,500 people.
The blueprint for improving crime rates and reducing costs to taxpayers is found in Texas and a growing number of states adopting conservative "Right on Crime" criminal justice principles. Back in 2005, Texas legislators looked at the bleak fiscal reality before them-- the state was going to have to spend at least a billion dollars building eight new prisons by 2012, unless something changed. So they changed.
Yes, as with education and health care and other issues, Texas has some unique challenges, given its proximity to the Mexican border. Not every single reform Texas has embarked on might be right for every other state, but the takeaway here is that the Texas success story extends well beyond economics, into keeping citizens safe without creating an over-criminalized, overbearing police state.
So, while crime may no longer be much of an issue in campaigns and elections (which is odd, given the rampant increase in murders in left-dominated places like Chicago), it's still yet another issue that Texans can brag about.

Seniors enrolled in seven of the 10 most popular Medicare prescription drug plans will be hit with double-digit premium hikes this year (2013)

AARP AND OBAMA LIED:  The TAX HIKES ON SENIORS IS STARTING!!!

WASHINGTON (AP) - Seniors enrolled in seven of the 10 most popular Medicare prescription drug plans will be hit with double-digit premium hikes next year if they don't shop for a better deal, says a private firm that analyzes the highly competitive market.

The report Monday by Avalere Health is a reality check on the Obama's administration's upbeat pronouncements. Back in August, officials had announced that the average premium for basicprescription drug coverage will stay the same in 2013, at $30 a month.

The administration's number is accurate as an overall indicator for the entire market, but not very helpful to consumers individually since it doesn't reflect price swings in the real world.

"The average senior is going to benefit by carefully scrutinizing their situation, because every year the market changes," Avalere President Dan Mendelson said. Avalere crunched the numbers based on bid documents that the plans submitted to Medicare.

The report found premium increases for all top 10 prescription drug plans, known as PDPs. However, the most popular plan — AARP MedicareRx Preferred — is only going up 57 cents per month nationally, to $40.42 from the current $39.85.

The seven plans with double-digit premium increases were: the Humana Walmart-Preferred Rx Plan (23 percent); First Health Part D Premier (18 percent); First Health Part D Value Plus (17 percent); Cigna Medicare Rx Plan One (15 percent); Express Scripts Medicare-Value (13 percent); the HealthSpring Prescription Drug Plan (12 percent); and Humana Enhanced (11 percent).

Another two plans in the top 10 also had single-digit increases. They were the SilverScript Basic (8 percent) and WellCare Classic (3 percent).

On the plus side for consumers, a new low-cost plan entered the market. Premiums for the AARP MedicareRx Saver Plus Plan will average $15 a month nationally, although it won't be available everywhere. That's $3.50 less than the current low-cost leader, the Humana Walmart plan, whose premiums are rising to $18.50.

The new AARP plan is run by UnitedHealth Group Inc., the nation's largest health insurance company. United pays AARP for the right to use its name on a range of Medicare insurance products, a successful business strategy that has proven lucrative for both partners. When Humana and Walmartteamed up to offer their low-cost plan in 2011, United felt the competition.

"There is a real focus on the premium in this market," Mendelson said. "If a plan fields an offering with a low premium, it knows it can capture a significant number of customers."

Medicare spokesman Brian Cook did not dispute the Avalere estimates. "We continue to encourage seniors to shop around and find the plan that works best for them," he said.
Medicare's open enrollment season starts Oct. 15, and beneficiaries have a wide variety of choices of taxpayer-subsidized private prescription plans. Seniors and family members can use the online Medicare Plan Finder to input individual prescription lists and find plans in their area that cover them.

About 90 percent of Medicare's nearly 50 million beneficiaries have some form of drug coverage, with more than 17 million enrolled in private plans through the prescription drug program.

President Barack Obama's 2010 health care law is improving prescription drug plans by gradually closing the coverage gap known as the doughnut hole for those with high prescription drug costs.

The Avalare numbers did have one silver lining for the Obama administration. When the projections are tweaked to account for seniors switching to lower-cost coverage, premiums for 2013 are likely to remain steady.

Separately, the administration recently announced that average premiums for Medicare Advantage insurance plans will barely inch up next year on average, while enrollment in the private medical plans will continue to rise. Many Medicare Advantage plans also combine prescription drug coverage in one package deal.

But the biggest premium announcement is yet to come. Virtually all seniors pay the Part B premium for outpatient care, including those with traditional Medicare as well as those in private plans. Currently $99.90 a month, the Part B premium it is expected to rise next year by less than $10.

Criminal Prosecution Sought For Obama's Connecticut Social Security Number

Susan Daniels Seeks Criminal Prosecution For Obama's Connecticut Social Security Number

 Saturday, September 8, 2012

Private Investigator Susan Daniels Files Affidavit Seeking 

Criminal Prosecution For Obama's Connecticut Social Security Number

The judge has not yet ruled on my recent hearing but I filed an Affidavit (EMBEDDED BELOW) yesterday in Geauga County Common Pleas Court. I am asking the court to issue a complaint that Barack Obama has committed a crime and should be prosecuted for identity fraud. Section "D" of ORC 2935.09 allows me the right to file. ...

The court had never seen a filing like this before and to say they were upset would be an understatement. Two women kept insisting that nothing could be filed without a case number on it and I kept saying: read the statute. They were not happy and one woman said: "I've worked here twenty years and have never seen anything like this." Oh well, now she has.

Susan Daniels

LINKS: Read all the court filings in Susan Daniels lawsuit here. Daniels' response to Snopes and the Obots here and here.



2006: Obama In Kenya: I Am So Proud To Come Back Home - VIDEO HERE. 

2007: Michelle Obama Declares Obama Is Kenyan And America Is Mean - VIDEO HERE. 

2008: Michelle Obama Declares Barack Obama's Home Country Is Kenya - VIDEO HERE. 

FLASHBACK: Obama Is The Original Birther! Obama In 1991 Stated In His Own Bio He Was Born In Kenya. DETAILS HERE. 

SHOCK CLAIM: Breitbart Reporter Charles Johnson Has Documented Proof Obama is Indonesian Citizen - AUDIO HERE.  

WATCH SHERIFF JOE'S 2ND OBAMA INVESTIGATION PRESS CONFERENCE HERE: CLICK HERE.

WATCH SHERIFF JOE'S 1ST PRESS CONFERENCE ABOUT OBAMA'S FORGED IDENTITY DOCUMENTS HERE: http://www.art2superpac.com/joe.html  

SHERIFF JOE TEA-PARTY PRESENTATION VIDEO HERE: http://www.art2superpac.com/arizonavideo.html

-ARTICLE II ELIGIBILITY FACTS HERE: http://www.art2superpac.com/issues.html

CLICK HERE TO SEE THE AFFIDAVIT 

Daniels v Ohio - Obama Social Security Number Challenge - Affidavit Seeking Criminal Prosecution - 9-7-12