Tag Archives: tax increase

Economics For Dummies: Raising Taxes Does Not Increase Revenue

By The Admiral | Published Thursday February 23rd, 2012 @ 6:48 AM CDT

I thought the dumbass left learned this when Reagan was in office, but apparently they are too stupid to learn from history. Raising taxes does not raise revenue, period. It decreases revenue, what part of that do you morons not understand? By the way, that includes “taxing the rich” you Bolshevik schleps. The 1980′s proved [...]

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Obama’s Class-Warfare, Tax-the-Rich Budget

By The Admiral | Published Wednesday February 15th, 2012 @ 5:37 PM CDT

If you shake out the Obama budget in terms of bold headlines, it’s really a class-warfare, tax-the-rich budget. Layer upon layer of tax hikes are piled on successful investors, small-business owners, and corporations. The capital-gains tax goes from 15 percent to 24 percent (including Obamacare). The dividends tax goes from 15 percent to nearly 40 [...]

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SuperCommittee Announces Failure to Reach Deal

By The Admiral | Published Monday November 21st, 2011 @ 5:23 PM CDT

(Washington D.C.) – Today, the Co-Chairs of the Joint Select Committee on Deficit Reduction, Representative Jeb Hensarling and Senator Patty Murray, released the following statement. “After months of hard work and intense deliberations, we have come to the conclusion today that it will not be possible to make any bipartisan agreement available to the public [...]

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Illinois loses most jobs in the nation thanks to tax increase

By The Admiral | Published Wednesday August 24th, 2011 @ 10:16 AM CDT

Every time you “raise revenue,” I guess that’s the new, politically correct sanitized term for not calling a spade a spade, and calling it what it is, raising taxes, this is what happens. Yet the left still denies it. Time and time again it is proven throughout history, but those people, due to their mental [...]

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Who couldn’t see this one coming?

By The Admiral | Published Tuesday April 12th, 2011 @ 1:00 PM CDT

Obama is going to talk about raising taxes tomorrow night, surprised? You shouldn’t be. It’s all about taking with the current government, never about cutting. He wants to raise taxes to pay for his 5 plus trillion dollars of spending since he came to office. Yeah but it’s only on the rich, you know, those [...]

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