Archive for April, 2011
Pronk Pops Shows 1-25–Podcasts or Download–Give It A Listen!
Give It A listen!
Listen To Pronk Pops Podcast or Download Shows 22 (Part 2)-25
Listen To Pronk Pops Podcast or Download Shows 16-22 (Part 1)
Listen To Pronk Pops Podcast or Download Shows 10-15
Listen To Pronk Pops Podcast or Download Shows 1-9
Pronk Pops Show 25
Pronk Pops Show 25, April 26, 2011
Segment 0: Eva Cassidy–A Singer’s Singer
Segment 1: Ron Paul Is Running For President of The United States In 2012!–The Third Time Is The Charm–A Man Of Integrity–A Candidate For Peace and Prosperity–Neither A Big Government Warfare Republican Nor A Massive Government Welfare Democrat–A Man Of And For The American People–A Tea Party Patriot–Ron Paul–Videos
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Segment 3: President Obama Is The Reason Your Gasoline Prices Are Going Up!–American People Favor Drilling For Oil and Gas!–Drill Baby Drill–Videos
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Pronk Pops Show 24
Pronk Pops Show 24: April 19, 2011
Segment 0: S&P Rating Outlook Changed From “Stable” To “Negative” For U.S. Treasury Debt–Videos
Segment 1: Who is John Galt? Who is Ayn Rand–Videos
For additional information and videos:
Segment 2: President Obama’s Fiscal Year 2012 Budget Speech Of April 13, 2011–Eat The Rich And Killing The American Dream Class Warfare–Cuts National Security Spending and Raise Taxes On The Rich–Produces Massive Deficits, National Debt, and Higher Unemployment For 12 More Years–Progressive Radical Socialist Economic Stagflation–Videos
For additional information and videos:
https://pronkpops.wordpress.com/2011/04/18/pronk-pops-show-24-april-18-2011-segment-2-president-obamas-fiscal-year-2012-budget-speech-of-april-13-2011-eat-the-rich-and-killing-the-american-dream-class-warfare-cuts-national-security-sp/
Segment 3: The FairTax (National Consumption Sales Tax) vs. The Flat Tax (One Rate Federal Income Tax)–Who Pays The Most Federal Individual Income Tax? Videos
For additional information and videos:
Pronk Pops Show 23
Pronk Pops Show 23: April 12, 2011
Segment 0: Sidney Lumet–Rest In Peace–Videos
Segment 1: Tea Party Movement Demands Passage of Balanced Budget Amendment and The FairTax As The Price For Raising The National Statutory Debt Limit of $ 14,294,000,000 One Last Time By $1,000,000,000,000!–Videos
For additional information and videos:
Segment 2: The FairTax (National Consumption Sales Tax) vs. The Flat Tax (One Rate Federal Income Tax)–Who Pays The Most Federal Individual Income Tax? Videos
For additional information and videos:
Pronk Pops Show 22 (Part 2)
Pronk Pops Show 22, April 7, 2011
Segment 1: 3,500,000 Million Americans Unemployed in March 2011 Still Exceeds Great Depression High of 13,000,000 In March 1933–The Obama Depressions Continues–Bureau of Labor Statistics: 8.8% Official Unemployment Rate (U-3) vs. Gallup Unemployment Rate of 10.0%–Nonfarm Payroll Increased By 216,000–The Government Makes The Depression Worse!–Videos
Segment 2: Obama’s Anti-American, Anti-Capitalist, Anti-Growth, Anti-Jobs, and Anti-Security Energy Policy–Videos
Segment 3: Republican Establishment Will Propose A Ten Year $6,200 Billion Cut In Spending Over Ten Years–The Problem Is It Does Not Balance The Budget For Another Five Years At The Earliest–Tea Party Movement Demands Balanced Budgets Starting In 2012 For The Next Ten Years!–A Jet Plane To Prosperity Not A Path To Prosperity–Videos
Segment 4: Just One More Thing Congressman Ryan: When Does The Republican’s Path To Prosperity Balance The Budget?–The Twelth of Never!–Videos
For additional information and videos on the above segments:
Pronk Pops Show 22 (Part 1)
Pronk Pops: Show 22, April 7, 2011
Segment 0: Glenn Beck Ending His Show At Fox News
Segment 1: 3,500,000 Million Americans Unemployed in March 2011 Still Exceeds Great Depression High of 13,000,000 In March 1933–The Obama Depressions Continues–Bureau of Labor Statistics: 8.8% Official Unemployment Rate (U-3) vs. Gallup Unemployment Rate of 10.0%–Nonfarm Payroll Increased By 216,000–The Government Makes The Depression Worse!–Videos
Segment 2: Obama’s Anti-American, Anti-Capitalist, Anti-Growth, Anti-Jobs, and Anti-Security Energy Policy–Videos
Segment 3: Republican Establishment Will Propose A Ten Year $6,200 Billion Cut In Spending Over Ten Years–The Problem Is It Does Not Balance The Budget For Another Five Years At The Earliest–Tea Party Movement Demands Balanced Budgets Starting In 2012 For The Next Ten Years!–A Jet Plane To Prosperity Not A Path To Prosperity–Videos
Segment 4: Just One More Thing Congressman Ryan: When Does The Republican’s Path To Prosperity Balance The Budget?–The Twelth of Never!–Videos
For additional information and videos on the above segments:
Pronk Pops Show 21
Pronk Pops Show 21, March 29, 2010
Segment 1: The Truth And Consequences About Undeclared Wars–Real Strange Bedfellows–Obama Allies U.S. with Libyan Rebels Including Islamic Jihadists, Moslem Brotherhood, and Al-Qaeda!–Give Peace A Chance–AC-130 Gunship–A-10 Warthogs–F-15E Strike Eagles and Special Operation Smash Squads
For Additional Information and Videos:
Pronk Pops Show 20
Pronk Pops Show 20: March 22, 2011
Segment 1:F-15 Crashes In Libya
Segment 2ne Unconstitutional and Undeclared War Too Many: The Great Pretender, Peace Candidate And Noble Peace Prize Winner, President Barack Obama Undeclared War On Libya’s Muammar Ghaddafi In Defense Of Libyian Islamic Fighting Group (LIFG) Rebels Linked To al-Qaeda and The BP Libyian Oil Deal Linked To Obama Campaign Contributions–A Political Payoff!–Obama Has To Go In 2012–Videos
Segment 3:Earthquake Damages Japanese Nuclear Plant At Fukushima Daiichi, Four Explosions and Four Nuclear Reactors Flooded With Seawater To Contain Release Of Radioactive Material and Plant Released Radioactive Materials To Stop Pressure Buildup–Partial Meltdown Of Nuclear Core Feared–Radioactive Material Escaping From Plant–Over 250,000 Ordered Evacuated From 20 Kilometer (12.4 Miles) Radius From Plant–Videos
For Additional Information and Videos:
Pronk Pops Show 19
Pronk Pops Show 19: March 8, 2011
Segment 1: The Washington Political Elites of Both Parties Are Not Serious About Balancing The Federal Budget And Funding Entitlement Liabilities–Send In The Clowns–Don’t Bother There Here–Videos
Segment 2, Gallup–U.S. Unemployment Hits 10.3% In February 2011 Vs. Bureau of Labor Statistics (BLS) U.S. Unemployment Rate Declined By .1% To 8.9% in February 2011 With Job Creation of 192,000 In February 2011–Over 13.7 Million Americans Unemployed More Than Worse Month of Great Depression!
For more information and videos related to this show click on links below:
Pronk Pops Show 18
Pronk Pops Show 18: March 3, 2011
Segment 1: Remembering The Brooklyn Dodgers and Duke Snider
Segment 2: The National Debt Will Hit $20,000,000,000,000 By 2020!
Segment 3 Public Sector Unions vs. The America People: Replacing The American Dream With The Socialist Union Nightmare
For additional information and videos on the above segments:
Pronk Pop Show 17
Pronk Pops Show 17: February 22, 2011
Black History Month–Progressives–Eugenics–Black Population Control–Abortion–Black Genocide–Planned Parenthood–Barack Obama
For more information and videos relating to the show:
Pronk Pops Show 16
Pronk Pops Show 16: February 15, 2011
Conservative Political Action Conference 2011
President Obama’s Saint Valentine’s Massacre of The American People–Fiscal Year 2012 Budget Buster–Spending $3,729 Billion–Taxes $2,627 Billion–Deficit $1,101 Billion–Dead On Arrival–DOA– 3 Million Tea Party Patriots To March On Washington D.C. On Friday, April 15, 2011 In Protest!
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Pronk Pops Show 15: Hour 3
Pronk Pops Show 15:February 8,2011, Hour 3
Lies, Damn Lies, Statistics, and Obama’s Unbelievable Unemployment Numbers
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Pronk Pops Show 15: Hour 2
Pronk Pops Show 15: February 8, 2011 Hour 2
Rolling Power Outages in Texas
Obama Care Declared Unconstitutional and Void By Federal Judge
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Pronk Pops Show 15: Hour 1
Pronk Pops Show 15: February 8,2011, Hour 1
Super Storm and Super Bowl In Dallas, Texas
Man-Made Carbon Dioxide Emission and Global Warming–Science vs. Politics
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Pronk Pops Show 14
Pronk Pops Show 14: January 27, 2011
The Big Lie and Free Speech
President Obama’s State of the Union Campaign Speech
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Pronk Pops Show 13
Pronk Pops Show 13: December 9, 2010
Latest News Update on WikiLeaks
Federal Reserve Unconventional Monetary Policy
President Obama and Republicans Agree To Two Year Tax Rate Extension and
One Year Unemployment Benefit Extension–More Deficit Spending and Debt!
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Pronk Pops Show 12
Pronk Pops Show 12: December 8, 2010
News Update On WikiLeaks and Julian Assange
The Chairman of The Federal Reserve and Quantitative Easing 2
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Pronk Pops Show 11
Pronk Pops Show 11: December 3, 2010
News and Commentary On November 2010 Unemployment Rate and Level Statistics
WikiLeaks
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Pronk Pops Show 10
Pronk Pops Show 10: December 1, 2010
Update on new TSA Airport Screening Procedures
Portland, Oregon Terrorist Bomber Arrested by F.B.I.
WikiLeaks Posts Department of State Cables
For more information and videos related to this show click on link below:
https://pronkpops.wordpress.com/2010/11/24/pronk-pops-show-10-november-24-2010-food-prices-rising-fairtax-updates-on-tsa-and-quantitative-easing-money-printing-videos/
Pronk Pops Show 9
Pronk Pops Show 9: November 19, 2010
Federal Reserve Chairman Bernanke Responds To Critics of Monetary Policy
Transportation Security Administration or TSA New Screening Procedures:
Full Body Scanners and Extended Pat-Downs
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Pronk Pops Commentary 1
Pronk Pops Commentary 1: November 11, 2010
Stop Federal Reserve Quantitative Easing or Money Printing
Pronk Pops Show 8
Pronk Pops Show 8: November 10, 2010
Tea Party Major Issues: Jobs, Spending, Deficits, Debt, Taxes, Health Care and Illegal Immigration
Tea Party Stars: Senators: Rand Paul and Marco Rubio
Republican Tea Party Test: Cutting Federal Spending By Over $1,000 Billion To Balance The Budget For Fiscal Years 2011, 2012, and 2013.
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Pronk Pops Show 7
Pronk Pops Show 7: November 9, 2010
Unemployment News
Tea Party Effect On 2010 Elections
Key Issues: Federal Budget Deficits and National Debt
Cutting Federal Government Spending and Balancing The Federal Budget
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Pronk Pops Show 6
Pronk Pops Show 6: November 3, 2010
Winning Elections With MOMMA (Money, Organization, Message, Momentum, Ambition) and The Tea Party Movement Effect
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Pronk Pops Show 5
Pronk Pops Show 5: October 27, 2010
Democratic Party’s National Attack Ad Campaign on Candidates and the Flat Tax
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Pronk Pops Show 4
Pronk Pops Show 4: October 20, 2010
Money, Quantitative Easing and Inflation in the United States Economy
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Pronk Pops Show 3
Pronk Pops Show 3: October 14, 2010
Unemployment and inflation in the United States economy
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Pronk Pops Show 2
Pronk Pops Show 2: October 13, 2010
The 10:10 carbon emission ad campaign on climate change
http://www.youtube.com/watch?v=wliC2Eiwoyw
Secretary of State Hillary Clinton replacing Vice President Joseph Biden on the 2010 Democratic Party ticket
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Pronk Pops Show 1
Pronk Pops Show 1: September 29, 2010
University of Texas at Austin shooting/suicide
The Tea Party Movement in the United States
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Listen To Pronk Pops Podcast or Download Shows 22 (Part 2)-25
Listen To Pronk Pops Podcast or Download Shows 16-22 (Part 1)
Listen To Pronk Pops Podcast or Download Shows 10-15
Listen To Pronk Pops Podcast or Download Shows 1-9
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Pronk Pops Show 24: April 19, 2011, Segment 3: The FairTax (National Consumption Sales Tax) vs. The Flat Tax (One Rate Federal Income Tax)–Who Pays The Most Federal Individual Income Tax? Videos
Pronk Pops Show 24: April 19, 2011
Pronk Pops Show 23: April 12, 2011
Pronk Pops Show 22 (Part 2): April 7, 2011
Pronk Pops Show 22 (Part 1): April 7, 2011
Listen To Pronk Pops Podcast or Download Shows 22 (Part 2)-24
Listen To Pronk Pops Podcast or Download Shows 16-22 (Part 1)
Listen To Pronk Pops Podcast or Download Shows 10-15
Listen To Pronk Pops Podcast or Download Shows 1-9
Segment 3: The FairTax (National Consumption Sales Tax) vs. The Flat Tax (One Rate Federal Income Tax)–Who Pays The Most Federal Individual Income Tax? Videos
Income Tax vs. Consumption Tax
What is the FairTax legislation?
“…What is the FairTax plan?
The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue neutrality, and, through companion legislation, the repeal of the 16th Amendment.
The FairTax Act (HR 25, S 13) is nonpartisan legislation. It abolishes all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax administered primarily by existing state sales tax authorities.
The FairTax taxes us only on what we choose to spend on new goods or services, not on what we earn. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.
The FairTax:
- Enables workers to keep their entire paychecks
- Enables retirees to keep their entire pensions
- Refunds in advance the tax on purchases of basic necessities
- Allows American products to compete fairly
- Brings transparency and accountability to tax policy
- Ensures Social Security and Medicare funding
- Closes all loopholes and brings fairness to taxation
- Abolishes the IRS
We offer a library of information throughout this Web site about the features and benefits of the FairTax plan. Please explore! …”
http://www.fairtax.org/site/PageServer?pagename=about_main
The FairTax: It’s Time
Tom Wright on the FairTax part 1
Why is the FairTax better than a flat income tax?
Dan Mitchell explains the fair tax
Laura Ingraham Interviews John Linder And Steve Forbes On Fair Tax Or Flat Tax
Five Key Reasons to Reject Class-Warfare Tax Policy
Who Pays Federal Income Taxes?
Uncle Sam Wants Your Money
It’s Simple to Balance The Budget Without Higher Taxes
Controlling Leviathan: The Battle for Limited Government
Question and Answer Session: The Fight Against Big Government
Table 1
Summary of Federal Individual Income Tax Data, 2008
(Updated October 2010)
Number of Returns with Positive AGI |
AGI |
Income Taxes Paid |
Group’s Share of Total AGI |
Group’s Share of Income Taxes |
Income Split Point |
Average Tax Rate |
|
All Taxpayers | 139,960,580 | 8,426,625 | 1,031,512 | 100% | 100% | – | 12.24% |
Top 1% | 1,399,606 | 1,685,472 | 392,149 | 20.00% | 38.02% | $380,354 | 23.27% |
1-5% | 5,598,423 | 1,241,229 | 213,569 | 14.73% | 20.70% | 17.21% | |
Top 5% | 6,998,029 | 2,926,701 | 605,718 | 34.73% | 58.72% | $159,619 | 20.70% |
5-10% | 6,998,029 | 929,761 | 115,703 | 11.03% | 11.22% | 12.44% | |
Top 10% | 13,996,058 | 3,856,462 | 721,421 | 45.77% | 69.94% | $113,799 | 18.71% |
10-25% | 20,994,087 | 1,821,717 | 169,193 | 21.62% | 16.40% | 9.29% | |
Top 25% | 34,990,145 | 5,678,179 | 890,614 | 67.38% | 86.34% | $67,280 | 15.68% |
25-50% | 34,990,145 | 1,673,932 | 113,025 | 19.86% | 10.96% | 6.75% | |
Top 50% | 69,980,290 | 7,352,111 | 1,003,639 | 87.25% | 97.30% | >$33,048 | 13.65% |
Bottom 50% | 69,980,290 | 1,074,514 | 27,873 | 12.75% | 2.70% | <$33,048 | 2.59% |
Source: Internal Revenue Service |
Table 6
Total Income Tax Shares, 1980-2008 (Percent of federal income tax paid by each group) |
|||||||||||
Year |
Total |
Top 0.1% |
Top 1% |
Top 5% |
Between 5% & 10% |
Top 10% |
Between 10% & 25% |
Top 25% |
Between 25% & 50% |
Top 50% |
Bottom 50% |
1980 |
100% |
19.05% |
36.84% |
12.44% |
49.28% |
23.74% |
73.02% |
19.93% |
92.95% |
7.05% |
|
1981 |
100% |
17.58% |
35.06% |
12.90% |
47.96% |
24.33% |
72.29% |
20.26% |
92.55% |
7.45% |
|
1982 |
100% |
19.03% |
36.13% |
12.45% |
48.59% |
23.91% |
72.50% |
20.15% |
92.65% |
7.35% |
|
1983 |
100% |
20.32% |
37.26% |
12.44% |
49.71% |
23.39% |
73.10% |
19.73% |
92.83% |
7.17% |
|
1984 |
100% |
21.12% |
37.98% |
12.58% |
50.56% |
22.92% |
73.49% |
19.16% |
92.65% |
7.35% |
|
1985 |
100% |
21.81% |
38.78% |
12.67% |
51.46% |
22.60% |
74.06% |
18.77% |
92.83% |
7.17% |
|
1986 |
100% |
25.75% |
42.57% |
12.12% |
54.69% |
21.33% |
76.02% |
17.52% |
93.54% |
6.46% |
|
Tax Reform Act of 1986 changed the definition of AGI, so data above and below this line not strictly comparable |
|||||||||||
1987 |
100% |
24.81% |
43.26% |
12.35% |
55.61% |
21.31% |
76.92% |
17.02% |
93.93% |
6.07% |
|
1988 |
100% |
27.58% |
45.62% |
11.66% |
57.28% |
20.57% |
77.84% |
16.44% |
94.28% |
5.72% |
|
1989 |
100% |
25.24% |
43.94% |
11.85% |
55.78% |
21.44% |
77.22% |
16.94% |
94.17% |
5.83% |
|
1990 |
100% |
25.13% |
43.64% |
11.73% |
55.36% |
21.66% |
77.02% |
17.16% |
94.19% |
5.81% |
|
1991 |
100% |
24.82% |
43.38% |
12.45% |
55.82% |
21.46% |
77.29% |
17.23% |
94.52% |
5.48% |
|
1992 |
100% |
27.54% |
45.88% |
12.12% |
58.01% |
20.47% |
78.48% |
16.46% |
94.94% |
5.06% |
|
1993 |
100% |
29.01% |
47.36% |
11.88% |
59.24% |
20.03% |
79.27% |
15.92% |
95.19% |
4.81% |
|
1994 |
100% |
28.86% |
47.52% |
11.93% |
59.45% |
20.10% |
79.55% |
15.68% |
95.23% |
4.77% |
|
1995 |
100% |
30.26% |
48.91% |
11.84% |
60.75% |
19.62% |
80.36% |
15.03% |
95.39% |
4.61% |
|
1996 |
100% |
32.31% |
50.97% |
11.54% |
62.51% |
18.80% |
81.32% |
14.36% |
95.68% |
4.32% |
|
1997 |
100% |
33.17% |
51.87% |
11.33% |
63.20% |
18.47% |
81.67% |
14.05% |
95.72% |
4.28% |
|
1998 |
100% |
34.75% |
53.84% |
11.20% |
65.04% |
17.65% |
82.69% |
13.10% |
95.79% |
4.21% |
|
1999 |
100% |
36.18% |
55.45% |
11.00% |
66.45% |
17.09% |
83.54% |
12.46% |
96.00% |
4.00% |
|
2000 |
100% |
37.42% |
56.47% |
10.86% |
67.33% |
16.68% |
84.01% |
12.08% |
96.09% |
3.91% |
|
2001 |
100% |
16.06% |
33.89% |
53.25% |
11.64% |
64.89% |
18.01% |
82.90% |
13.13% |
96.03% |
3.97% |
2002 |
100% |
15.43% |
33.71% |
53.80% |
11.94% |
65.73% |
18.16% |
83.90% |
12.60% |
96.50% |
3.50% |
2003 |
100% |
15.68% |
34.27% |
54.36% |
11.48% |
65.84% |
18.04% |
83.88% |
12.65% |
96.54% |
3.46% |
2004 |
100% |
17.44% |
36.89% |
57.13% |
11.07% |
68.19% |
16.67% |
84.86% |
11.85% |
96.70% |
3.30% |
2005 |
100% |
19.26% |
39.38% |
59.67% |
10.63% |
70.30% |
15.69% |
85.99% |
10.94% |
96.93% |
3.07% |
2006 |
100% |
19.56% |
39.89% |
60.14% |
10.65% |
70.79% |
15.47% |
86.27% |
10.75% |
97.01% |
2.99% |
2007 |
100% |
20.19% |
40.41% |
60.61% |
10.59% |
71.20% |
15.37% |
86.57% |
10.54% |
97.11% |
2.89% |
2008 | 100% | 18.47% | 38.02% | 58.72% | 11.22% | 69.94% | 16.40% | 86.34% | 10.96% | 97.30% | 2.70% |
Source: IRS |
http://www.taxfoundation.org/news/show/250.html
US State Sales Tax Rates – 2010
|
|
State
|
State sales tax rate (January 1st, 2010)%
|
Alabama
|
4.0
|
Alaska
|
nil
|
Arizona
|
5.6
|
Arkansas
|
6.0
|
California
|
8.25
|
Colorado
|
2.9
|
Connecticut
|
6.0
|
Delaware
|
nil
|
Florida
|
6.0
|
Georgia
|
4.0
|
Hawaii
|
4.0
|
Idaho
|
6.0
|
Illinois
|
6.25
|
Indiana
|
7.0
|
Iowa
|
6.0
|
Kansas
|
5.3
|
Kentucky
|
6.0
|
Louisiana
|
4.0
|
Maine
|
5.0
|
Maryland
|
6.0
|
Massachusetts
|
6.25
|
Michigan
|
6.0
|
Minnesota
|
6.875
|
Mississippi
|
7.0
|
Missouri
|
4.225
|
Montana
|
nil
|
Nebraska
|
5.5
|
Nevada
|
6.85
|
New Hampshire
|
nil
|
New Jersey
|
7.0
|
New Mexico
|
5.0
|
New York
|
4.0
|
North Carolina
|
5.75
|
North Dakota
|
5.0
|
Ohio
|
5.5
|
Oklahoma
|
4.5
|
Oregon
|
nil
|
Pennsylvania
|
6.0
|
Rhode Island
|
7.0
|
South Carolina
|
6.0
|
South Dakota
|
4.0
|
Tennessee
|
7.0
|
Texas
|
6.25
|
Utah
|
4.7
|
Vermont
|
6.0
|
Virginia
|
5.0
|
West Virginia
|
6.0
|
Wisconsin
|
5.0
|
Washington
|
6.5
|
Washington DC
|
6.0
|
Wyoming
|
4.0
|
http://www.usa-sales-use-tax-e-commerce.com/table_sales_rates.asp
Persons in family | Poverty guideline |
---|---|
1 | $10,830 |
2 | 14,570 |
3 | 18,310 |
4 | 22,050 |
5 | 25,790 |
6 | 29,530 |
7 | 33,270 |
8 | 37,010 |
For families with more than 8 persons, add $3,740 for each additional person. |
http://www.atdn.org/access/poverty.html
Background Articles and Videos
Tom Wright on the FairTax part 1
Tom Wright on the FairTax part 2
Tom Wright on the FairTax part 3
Tom Wright on the FairTax part 4
Tom Wright on the FairTax part 5
Tom Wright on the FairTax part 6
Tom Wright on the FairTax part 7
Why is the FairTax better than other tax reform efforts?
Does the FairTax repeal the federal income tax?
How does the FairTax affect the economy?
Is the FairTax truly progressive?
How does the “prebate” work?
Is it fair for rich people to get the same prebate as poor people?
Do corporations get a windfall break from the FairTax?
How do we keep exemptions and exclusions from undermining the FairTax?
Wouldn’t it be more fair to exempt food and medicine from the FairTax?
How does the FairTax rate compare to today’s?
Is the FairTax rate really 23%?
How is the FairTax different from a Value Added Tax (VAT)?
Will the prebate create a massive new entitlement system?
How does the FairTax impact the middle class?
How will the FairTax impact seniors?
How does the FairTax affect tax preparers and CPAs?
How does the FairTax impact charitable giving?
How does the FairTax affect compliance costs?
Will the FairTax hurt home ownership with no mortgage interest deduction?
Will the FairTax hurt home ownership with no mortgage interest deduction?
How will the FairTax help people who don’t hire an accountant?
How will the FairTax impact people who don’t file income taxes?
Will the FairTax drive the economy down if people stop buying?
How will the FairTax affect state sales tax systems?
Are any significant economies funded by a sales tax?
Is education taxed under the FairTax?
Will government pay taxes under the FairTax?
Will the FairTax impact tax deferred retirement accounts like 401(k)s?
What will happen to cities who depend on tax free bonds?
How does the FairTax impact tax free bonds?
How will Social Security payments be calculated under the FairTax?
What will happen to government programs like Social Security and Medicare?
How can you tax life saving medical treatment?
Will bartering present a compliance problem under the FairTax?
How will used goods be taxed?
Can’t Americans just cross the border to avoid the FairTax
How does the FairTax affect illegal immigration?
Isn’t it a stretch to say the IRS will go away?
What will the transition be like from the income tax to the FairTax?
FairTax Show – Part 1
FairTax Show – Part 2
Ron Paul on Taxes
Policy Resources
The following organizations provide policy analysis on taxation and related issues:
Tax Policy Organizations:
- National Retail Sales Tax Alliance (NRSTA) Website
- National Taxpayers Union
- National Debt Awareness Center
- Tax Foundation
- Citizens for a Sound Economy
- Americans for Tax Reform
- Citizens Against Government Waste
- Tax Relief: Taxpayers Federation Inland Revenue Watchdog
Small Business Policy Organizations:
- National Small Business Association
- National Association of Manufacturers
- National Federation of Independent Business
- Small Business Survival Committee
General Public Policy Research Organizations:
- American Enterprise Institute
- American Legislative Exchange Council
- Atlas Economic Research Foundation
- Brookings Institution
- CATO Institute
- Claremont Institute
- Competitive Enterprise Institute
- Heartland Institute
- Heritage Foundation
- Hoover Institute
- Hudson Institute
- James Madison Institute
- Mackinac Center for Public Policy
- Manhattan Institute
- National Center for Policy Analysis
- The National Center for Public Policy Research
- Pacific Research Institute
- Progress and Freedom Foundation
- State Policy Network
http://www.fairtax.org/site/PageServer?pagename=about_links
Read Full Post | Make a Comment ( None so far )Pronk Pops Show 23, April 12, 2011: Segment 2:The FairTax (National Consumption Sales Tax) vs. The Flat Tax (One Rate Federal Income Tax)–Who Pays The Most Federal Individual Income Tax? Videos
Pronk Pops Show 23: April 12, 2011
Pronk Pops Show 22 (Part 2): April 7, 2011
Pronk Pops Show 22 (Part 1): April 7, 2011
Listen To Pronk Pops Podcast or Download Shows 22 (Part 2)-23
Listen To Pronk Pops Podcast or Download Shows 16-22 (Part 1)
Listen To Pronk Pops Podcast or Download Shows 10-15
Listen To Pronk Pops Podcast or Download Shows 1-9
Segment 2: The FairTax (National Consumption Sales Tax) vs. The Flat Tax (One Rate Federal Income Tax)–Who Pays The Most Federal Individual Income Tax? Videos
Income Tax vs. Consumption Tax
What is the FairTax legislation?
“…What is the FairTax plan?
The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue neutrality, and, through companion legislation, the repeal of the 16th Amendment.
The FairTax Act (HR 25, S 13) is nonpartisan legislation. It abolishes all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax administered primarily by existing state sales tax authorities.
The FairTax taxes us only on what we choose to spend on new goods or services, not on what we earn. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.
The FairTax:
- Enables workers to keep their entire paychecks
- Enables retirees to keep their entire pensions
- Refunds in advance the tax on purchases of basic necessities
- Allows American products to compete fairly
- Brings transparency and accountability to tax policy
- Ensures Social Security and Medicare funding
- Closes all loopholes and brings fairness to taxation
- Abolishes the IRS
We offer a library of information throughout this Web site about the features and benefits of the FairTax plan. Please explore! …”
http://www.fairtax.org/site/PageServer?pagename=about_main
The FairTax: It’s Time
Tom Wright on the FairTax part 1
Why is the FairTax better than a flat income tax?
Dan Mitchell explains the fair tax
Laura Ingraham Interviews John Linder And Steve Forbes On Fair Tax Or Flat Tax
Five Key Reasons to Reject Class-Warfare Tax Policy
Who Pays Federal Income Taxes?
Uncle Sam Wants Your Money
It’s Simple to Balance The Budget Without Higher Taxes
Controlling Leviathan: The Battle for Limited Government
Question and Answer Session: The Fight Against Big Government
Table 1
Summary of Federal Individual Income Tax Data, 2008
(Updated October 2010)
Number of Returns with Positive AGI | AGI ($ millions) |
Income Taxes Paid ($ millions) |
Group’s Share of Total AGI | Group’s Share of Income Taxes | Income Split Point | Average Tax Rate | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
All Taxpayers | 139,960,580 | 8,426,625 | 1,031,512 | 100% | 100% | – | 12.24% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Top 1% | 1,399,606 | 1,685,472 | 392,149 | 20.00% | 38.02% | $380,354 | 23.27% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1-5% | 5,598,423 | 1,241,229 | 213,569 | 14.73% | 20.70% | 17.21% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Top 5% | 6,998,029 | 2,926,701 | 605,718 | 34.73% | 58.72% | $159,619 | 20.70% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
5-10% | 6,998,029 | 929,761 | 115,703 | 11.03% | 11.22% | 12.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Top 10% | 13,996,058 | 3,856,462 | 721,421 | 45.77% | 69.94% | $113,799 | 18.71% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-25% | 20,994,087 | 1,821,717 | 169,193 | 21.62% | 16.40% | 9.29% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Top 25% | 34,990,145 | 5,678,179 | 890,614 | 67.38% | 86.34% | $67,280 | 15.68% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
25-50% | 34,990,145 | 1,673,932 | 113,025 | 19.86% | 10.96% | 6.75% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Top 50% | 69,980,290 | 7,352,111 | 1,003,639 | 87.25% | 97.30% | >$33,048 | 13.65% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Bottom 50% | 69,980,290 | 1,074,514 | 27,873 | 12.75% | 2.70% | <$33,048 | 2.59% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Source: Internal Revenue Service Table 6
|
http://www.taxfoundation.org/news/show/250.html
US State Sales Tax Rates – 2010
|
|
State
|
State sales tax rate (January 1st, 2010)%
|
Alabama
|
4.0
|
Alaska
|
nil
|
Arizona
|
5.6
|
Arkansas
|
6.0
|
California
|
8.25
|
Colorado
|
2.9
|
Connecticut
|
6.0
|
Delaware
|
nil
|
Florida
|
6.0
|
Georgia
|
4.0
|
Hawaii
|
4.0
|
Idaho
|
6.0
|
Illinois
|
6.25
|
Indiana
|
7.0
|
Iowa
|
6.0
|
Kansas
|
5.3
|
Kentucky
|
6.0
|
Louisiana
|
4.0
|
Maine
|
5.0
|
Maryland
|
6.0
|
Massachusetts
|
6.25
|
Michigan
|
6.0
|
Minnesota
|
6.875
|
Mississippi
|
7.0
|
Missouri
|
4.225
|
Montana
|
nil
|
Nebraska
|
5.5
|
Nevada
|
6.85
|
New Hampshire
|
nil
|
New Jersey
|
7.0
|
New Mexico
|
5.0
|
New York
|
4.0
|
North Carolina
|
5.75
|
North Dakota
|
5.0
|
Ohio
|
5.5
|
Oklahoma
|
4.5
|
Oregon
|
nil
|
Pennsylvania
|
6.0
|
Rhode Island
|
7.0
|
South Carolina
|
6.0
|
South Dakota
|
4.0
|
Tennessee
|
7.0
|
Texas
|
6.25
|
Utah
|
4.7
|
Vermont
|
6.0
|
Virginia
|
5.0
|
West Virginia
|
6.0
|
Wisconsin
|
5.0
|
Washington
|
6.5
|
Washington DC
|
6.0
|
Wyoming
|
4.0
|
http://www.usa-sales-use-tax-e-commerce.com/table_sales_rates.asp
Persons in family | Poverty guideline |
---|---|
1 | $10,830 |
2 | 14,570 |
3 | 18,310 |
4 | 22,050 |
5 | 25,790 |
6 | 29,530 |
7 | 33,270 |
8 | 37,010 |
For families with more than 8 persons, add $3,740 for each additional person. |
http://www.atdn.org/access/poverty.html
Background Articles and Videos
Tom Wright on the FairTax part 1
Tom Wright on the FairTax part 2
Tom Wright on the FairTax part 3
Tom Wright on the FairTax part 4
Tom Wright on the FairTax part 5
Tom Wright on the FairTax part 6
Tom Wright on the FairTax part 7
Why is the FairTax better than other tax reform efforts?
Does the FairTax repeal the federal income tax?
How does the FairTax affect the economy?
Is the FairTax truly progressive?
How does the “prebate” work?
Is it fair for rich people to get the same prebate as poor people?
Do corporations get a windfall break from the FairTax?
How do we keep exemptions and exclusions from undermining the FairTax?
Wouldn’t it be more fair to exempt food and medicine from the FairTax?
How does the FairTax rate compare to today’s?
Is the FairTax rate really 23%?
How is the FairTax different from a Value Added Tax (VAT)?
Will the prebate create a massive new entitlement system?
How does the FairTax impact the middle class?
How will the FairTax impact seniors?
How does the FairTax affect tax preparers and CPAs?
How does the FairTax impact charitable giving?
How does the FairTax affect compliance costs?
Will the FairTax hurt home ownership with no mortgage interest deduction?
Will the FairTax hurt home ownership with no mortgage interest deduction?
How will the FairTax help people who don’t hire an accountant?
How will the FairTax impact people who don’t file income taxes?
Will the FairTax drive the economy down if people stop buying?
How will the FairTax affect state sales tax systems?
Are any significant economies funded by a sales tax?
Is education taxed under the FairTax?
Will government pay taxes under the FairTax?
Will the FairTax impact tax deferred retirement accounts like 401(k)s?
What will happen to cities who depend on tax free bonds?
How does the FairTax impact tax free bonds?
How will Social Security payments be calculated under the FairTax?
What will happen to government programs like Social Security and Medicare?
How can you tax life saving medical treatment?
Will bartering present a compliance problem under the FairTax?
How will used goods be taxed?
Can’t Americans just cross the border to avoid the FairTax
How does the FairTax affect illegal immigration?
Isn’t it a stretch to say the IRS will go away?
What will the transition be like from the income tax to the FairTax?
FairTax Show – Part 1
FairTax Show – Part 2
Ron Paul on Taxes
Policy Resources
The following organizations provide policy analysis on taxation and related issues:
Tax Policy Organizations:
- National Retail Sales Tax Alliance (NRSTA) Website
- National Taxpayers Union
- National Debt Awareness Center
- Tax Foundation
- Citizens for a Sound Economy
- Americans for Tax Reform
- Citizens Against Government Waste
- Tax Relief: Taxpayers Federation Inland Revenue Watchdog
Small Business Policy Organizations:
- National Small Business Association
- National Association of Manufacturers
- National Federation of Independent Business
- Small Business Survival Committee
General Public Policy Research Organizations:
- American Enterprise Institute
- American Legislative Exchange Council
- Atlas Economic Research Foundation
- Brookings Institution
- CATO Institute
- Claremont Institute
- Competitive Enterprise Institute
- Heartland Institute
- Heritage Foundation
- Hoover Institute
- Hudson Institute
- James Madison Institute
- Mackinac Center for Public Policy
- Manhattan Institute
- National Center for Policy Analysis
- The National Center for Public Policy Research
- Pacific Research Institute
- Progress and Freedom Foundation
- State Policy Network
http://www.fairtax.org/site/PageServer?pagename=about_links
Read Full Post | Make a Comment ( None so far )Pronk Pops Show 23: April 12, 2011:Segment 0: Sidney Lumet–Rest In Peace; Segment 1: Tea Party Movement Demands Passage of The Balanced Budget Amendment and The FairTax As The Price For Raising The National Statutory Debt Limit of $ 14,294,000,000 One Last Time By $1,000,000,000,000!–Videos
Pronk Pops Show 23: April 12, 2011
Pronk Pops Show 22 (Part 2): April 7, 2011
Pronk Pops Show 22 (Part 1): April 7, 2011
Listen To Pronk Pops Podcast or Download Shows 22 (Part 2)-23
Listen To Pronk Pops Podcast or Download Shows 16-22 (Part 1)
Listen To Pronk Pops Podcast or Download Shows 10-15
Listen To Pronk Pops Podcast or Download Shows 1-9
Segment 0: Sidney Lumet–Rest In Peace–Videos
“All great work is preparing yourself for the accident to happen.”
~Sidney Lumet
Sidney Lumet dies at 86; prolific ‘actor’s director’ steered clear of Hollywood
“…Sidney Lumet, a four-time Oscar nominee, was known for guiding strong performances in films such as ’12 Angry Men,’ ‘Network’ and ‘Dog Day Afternoon.’ He directed more than 40 films in his long career, many of them in his hometown of New York. …”
http://www.latimes.com/news/obituaries/la-me-sidney-lumet-20110410,0,7115943.story
Favorite Directors Series – Sidney Lumet
Sidney Lumet Canadian TV Interview 1985 Part #1
Sidney Lumet Canadian TV Interview 1985 Part #2
Sidney Lumet Canadian TV Interview 1985 Part #3
Sidney Lumet – Archive Interview Part 2 of 6
Sidney Lumet – Archive Interview Part 3 of 6
Sidney Lumet – Archive Interview Part 4 of 6
Sidney Lumet – Archive Interview Part 5 of 6
Sidney Lumet – Archive Interview Part 6 of 6
Director Sydney Lumet – Stephen Holt Show
Sidney Lumet On THE GODFATHER
Sidney Lumet On 12 ANGRY MEN
Sidney Lumet On What Makes A Great Courtroom Drama
Sidney Lumet On THE VERDICT
Garbo Talks
NYFF 07: Sidney Lumet On The Digital Revolution
12 Angry Men – This is how you deal with prejudice.
A View from the Bridge (Vu Du Pont ) – 1962
The Mad Scene… (Long Day’s Journey Into Night – Act IV)
Fail-Safe (1964) Ending
The Hill – Trailer – (1965) – HQ
THE HILL 1965
The Pawnbroker – ‘You People?’
Sean Connery, Movie – The Anderson Tapes (Original Trailer)
Serpico Trailer
Murder on the Orient Express (1974) – Lauren Bacall – Albert Finney
Equus 1977
“You Can’t Win” The Wiz
Prince of the City THE FINAL ARGUMENT
The Verdict – Trailer – (1982) HQ
Memorable movie moments-Dog day afternoon
The Verdict – Paul Newman 1982
Daniel (Part 1)
Network – Mad as hell
Running On Empty- River Phoenix-Movie ( Clip 1)
Before the Devil Knows You’re Dead
Daniel (Part 13)
“Anything you can do with film, I can do with HD.”
~Sidney Lumet
Background Articles and Videos
Biography for
Sidney Lumet
“…Lumet won the New York Film Critics Circle Award for his terrific direction in Prince of the City (1981), one of his best and most typical films. It’s about police corruption, but hardly a remake of Serpico (1973). Starring a powerful Treat Williams, it’s an extraordinarily multi-layered film. In his highly informative book “Making Movies” (1995), Lumet describes the film in the following way: “When we try to control everything, everything winds up controlling us. Nothing is what it seems.” It’s also a movie about values, friendship and drug addiction and, like “Serpico”, is based on a true story. It was adapted by Lumet himself and Jay Presson Allen from Robert Daley’s book. Their screenplay earned an Academy Award nomination, and the picture, Lumet and Williams earned Golden Globe nominations. …”
“…The terrific cop thriller Serpico (1973), the first of his films about police corruption in New York City, featured a fascinating Al Pacino and was the beginning of the most successful phase of Lumet’s career. It was also one of his biggest critical and financial successes. Pacino won the Golden Globe, and the picture earned two Oscar nominations. After the less acclaimed Lovin’ Molly (1974), Lumet’s British adaptation of Agatha Christie’s Murder on the Orient Express (1974) was another success, a very good, exquisitely photographed murder mystery with an all-star cast (including Albert Finney, Lauren Bacall, Connery and Ingrid Bergman). It earned six Oscar nominations, and Bergman won her third Academy Award. Then Lumet directed the hit Dog Day Afternoon (1975), a complex masterpiece about a bungled bank robbery in New York City. Pauline Kael called it “one of the best “New York” movies ever made.” It starred a wonderful Al Pacino and earned six Academy Award nominations (including Best Picture, Director and Actor) and won the Academy Award for Frank Pierson’s Original Screenplay. Lumet’s following film is one of his most famous: the media satire Network (1976). It earned ten Academy Award nominations (including Picture and Director) and won in four categories (Best Actor for Peter Finch, Best Actress for Faye Dunaway, Best Original Screenplay by Paddy Chayefsky, Best Supporting Actress for Beatrice Straight). Lumet won the Golden Globe for his direction (he won the Los Angeles Film Critics Association Awards for his direction in Dog Day Afternoon (1975) and Network (1976). Both pictures won LAFCA awards for Best Picture, too). Lumet’s Equus (1977), an overly naturalistic adaptation of Peter Shaffer’s stage play, earned Oscar nominations for Richard Burton and Peter Firth and for Shaffer’s screenplay. …”
“…Three of his films are listed on the American Film Institute’s 100 Most Inspiring Movies of All Time. They are: Serpico (1973) at #84, The Verdict (1982) at #75, and 12 Angry Men (1957) at #42. …”
http://www.imdb.com/name/nm0001486/bio
Sidney Lumet
“…Sidney Lumet ( /luːˈmɛt/ loo-MET; June 25, 1924 – April 9, 2011) was an American director, producer and screenwriter with over 50 films to his name. He was nominated as best director for 12 Angry Men (1957), Dog Day Afternoon (1975), Network (1976) and The Verdict (1982). Although he never won an Oscar, 14 of his films were nominated for various Oscars, such as Network, which was nominated for 10, winning 4.
The Encyclopedia of Hollywood states that Lumet was one of the most prolific directors of the modern era, making more than one movie per year on average since his directorial debut in 1957.[1] He was noted by Turner Classic Movies for his “strong direction of actors”, “vigorous storytelling” and the “social realism” in his best work.[2] Film critic Roger Ebert described him as having been “one of the finest craftsmen and warmest humanitarians among all film directors.”[3] Lumet was also known as an “actor’s director,” having worked with the best of them during his career, probably more than “any other director.”[4]
Lumet began his career as an Off-Broadway director, then became a highly efficient TV director. His first movie was typical of his best work: a well-acted, tightly written, deeply considered “problem picture,” 12 Angry Men (1957). From that point on Lumet divided his energies among other idealistic problem pictures along with literate adaptations of plays and novels, big stylish pictures, and New York-based black comedies. As a result of directing 12 Angry Men, he was also responsible for leading the first wave of directors who made a successful transition from TV to movies. In 2005, Lumet received an Academy Award for Lifetime Achievement for his “brilliant services to screenwriters, performers, and the art of the motion picture.” Two years later, he concluded his career with the acclaimed drama Before the Devil Knows You’re Dead (2007). …”
http://en.wikipedia.org/wiki/Sidney_Lumet
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Jack Cafferty On Balance Budget, National Sales Tax, American People and Leadership
CNN’s Jack Cafferty:
“…Voters are fed up with our lawmakers’ inability to take action when it comes to reducing the $1.5 trillion federal deficit. And as The Wall Street Journal reports, it’s the voters who appear more willing to take drastic steps to do something about the nation’s mounting red ink.
The newspaper talked to voters in Virginia, a swing state, who say they’re willing to make the tough cuts – from a national sales tax, to budget cuts, to higher medicare co-pays and deductibles.
The voters get it even if the federal government doesn’t. And Washington really doesn’t get it. Our leaders worry about being attacked in an election year if they suggest spending cuts or tax increases.
The American people just want their leaders to lead on this issue. Is that too much to ask? That’s why they were elected. ..”
Fiscal year (begins 10/01 of prev. year) |
Annual deficit |
% of GDP | Total debt | % of GDP |
---|---|---|---|---|
1994 | $281.0 billion | 4.0% | $4.70 trillion | 67.3% |
1995 | $281.5 billion | 3.8% | $4.95 trillion | 67.8% |
1996 | $251.0 billion | 3.2% | $5.20 trillion | 67.7% |
1997 | $188.5 billion | 2.3% | $5.40 trillion | 65.9% |
1998 | $113.0 billion | 1.3% | $5.55 trillion | 63.8% |
1999 | $130.0 billion | 1.4% | $5.65 trillion | 61.4% |
2000 | $18.0 billion | 0.2% | $5.65 trillion | 57.8% |
2001 | $133.5 billion | 1.3% | $5.80 trillion | 56.8% |
2002 | $421.0 billion | 4.0% | $6.25 trillion | 59.1% |
2003 | $555.0 billion | 5.1% | $6.80 trillion | 61.8% |
2004 | $596.0 billion | 5.1% | $7.40 trillion | 63.1% |
2005 | $553.5 billion | 4.4% | $7.95 trillion | 63.7% |
2006 | $536.5 billion | 4.1% | $8.50 trillion | 64.3% |
2007 | $500.5 billion | 3.6% | $9.00 trillion | 64.8% |
2008 | $1,017 billion | 7.1% | $10.0 trillion | 69.6% |
2009 | $1,885 billion | 13.4% | $11.9 trillion | 84.5% |
2010 | $1,652 billion | 11.4% | $13.6 trillion | 93.5% |
2011 (1st Q) | $463.5 billion | $14.0 trillion | ~96.5% |
http://en.wikipedia.orgwiki/Balanced_Budget_Amendment
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Details on the Balanced Budget Amendment
Requires the President to submit a balanced budget to Congress each February.
Requires Congress to appropriate a balanced budget annually.
Caps annual spending at 20% of the economy.
Requires any tax increase be subject to 2/3 House and Senate approval.
All above limitations can be waived by 2/3 majority or by simple majority in times of War or if Congress deems a military conflict to be an imminent risk to national security.
There have been at least 15 attempts to pass a Balanced Budget Amendment.
In 1997, passage of the amendment failed by 1 vote
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MONTHLY STATEMENT OF THE PUBLIC DEBT OF THE UNITED STATES MARCH 31, 2011 TABLE I -- SUMMARY OF TREASURY SECURITIES OUTSTANDING, MARCH 31, 2011 (Millions of dollars) Amount Outstanding Title Debt Held Intragovernmental Totals By the Public Holdings Marketable: Bills....................................... 1,694,692 3,809 1,698,501 Notes....................................... 5,843,938 3,933 5,847,871 Bonds....................................... 931,474 3,815 935,289 Treasury Inflation-Protected Securities..... 640,714 125 640,840 Federal Financing Bank 1 ................. 0 10,239 10,239 Total Marketable a........................... 9,110,819 21,921 2 9,132,740 Nonmarketable: Domestic Series............................. 29,995 0 29,995 Foreign Series.............................. 3,786 0 3,786 State and Local Government Series........... 181,922 0 181,922 United States Savings Securities............ 186,864 0 186,864 Government Account Series................... 136,956 4,596,057 4,733,014 Hope Bonds 19............................... 0 493 493 Other....................................... 1,301 0 1,301 Total Nonmarketable b........................ 540,824 4,596,550 5,137,374 Total Public Debt Outstanding ................ 9,651,643 4,618,471 14,270,115 TABLE II -- STATUTORY DEBT LIMIT, MARCH 31, 2011 (Millions of dollars) Amount Outstanding Title Debt Held Intragovernmental Totals By the Public 17, 2Holdings Debt Subject to Limit: 17, 20 Public Debt Outstanding..................... 9,651,643 4,618,471 14,270,115 Less Amounts Not Subject to Limit: Other Debt Not Subject to Limit........... 488 0 488 Unamortized Discount 3................... 20,388 20,657 41,046 Federal Financing Bank 1 ............ 0 10,239 10,239 Hope Bonds 19............................. 0 493 493 Total Public Debt Subject to Limit.......... 9,630,767 4,587,082 14,217,849 Other Debt Subject to Limit: Guaranteed Debt of Government Agencies 4 13 0 13 Total Public Debt Subject to Limit ......... 9,630,780 4,587,082 14,217,862 Statutory Debt Limit 5..................................................................... 14,294,000 Balance of Statutory Debt Limit............................................................. 76,138 COMPILED AND PUBLISHED BY THE BUREAU OF THE PUBLIC DEBT www.TreasuryDirect.gov http://www.treasurydirect.gov/govt/reports/pd/mspd/2011/opds032011.prn
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Pronk Pops: Show 22: April 7, 2011: Segment 4: Just One More Thing Congressman Ryan: When Does The Republican’s Path To Prosperity Balance The Budget?–The Twelth of Never!–Videos
Pronk Pops Show 22 (Part 2): April 7, 2011
Pronk Pops Show 22 (Part 1): April 7, 2011
Listen To Pronk Pops Podcast or Download Shows 22 (Part 2)-
Listen To Pronk Pops Podcast or Download Shows 16-22 (Part 1)
Listen To Pronk Pops Podcast or Download Shows 10-15
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S-1 FY2012 Chairman’s Markup (Nominal Dollars in Billions) |
||||
Fiscal Year | Outlays | Revenues | Deficits | Debt Held By Public |
2011 | 3,618 | 2,230 | -1,388 | 10,351 |
2012 | 3,529 | 2,533 | -995 | 11,418 |
2013 | 3,559 | 2,860 | -699 | 12,217 |
2014 | 3,586 | 3,094 | -492 | 12,801 |
2015 | 3,671 | 3,237 | -434 | 13,326 |
2016 | 3,858 | 3,377 | -481 | 13,886 |
2017 | 3,998 | 3,589 | -408 | 14,363 |
2018 | 4,123 | 3,745 | -379 | 14,800 |
2019 | 4,352 | 3,939 | -414 | 15,254 |
2020 | 4,544 | 4,142 | -402 | 15,681 |
2021 | 4,739 | 4,354 | -385 | 16,071 |
2012-2021 | 39,958 | 34,870 | -5,088 | n.a. |
http://budget.house.gov/UploadedFiles/PathToProsperityFY2012.pdf
S-1 FY2012 President’s Budget (Nominal Dollars in Billions) |
||||
Fiscal Year | Outlays | Revenues | Deficits | Debt Held By Public |
2011 | 3,819 | 2,174 | -1,645 | 10,856 |
2012 | 3,729 | 2,627 | -1,101 | 11,881 |
2013 | 3,771 | 3,003 | -768 | 12,784 |
2014 | 3,977 | 3,333 | -646 | 13,562 |
2015 | 4,190 | 3,583 | -607 | 14,301 |
2016 | 4,468 | 3,819 | -649 | 15,064 |
2017 | 4,669 | 4,042 | -627 | 15,795 |
2018 | 4,876 | 4,257 | -619 | 16,513 |
2019 | 5,154 | 4,473 | -681 | 17,284 |
2020 | 5,442 | 4,686 | -735 | 18,103 |
2021 | 5,697 | 4,923 | -774 | 18,967 |
2012-2021 | 45,952 | 38,747 | -7,205 | n.a. |
http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/tables.pdf
The tea party movement’s budget would require the Federal Government to have a balanced or surplus budget in every fiscal year starting in 2012 with a declining national debt starting in Fiscal Year 2017.
S-1 FY2012 Tea Party’s Balanced/Surplus Budget (Nominal Dollars in Billions) |
||||
Fiscal Year | Outlays | Revenues | Surpluses | Debt Held By Public |
2012 | 2,500 | 2,500 | 0 | 10,900 |
2013 | 2,800 | 2,800 | 0 | 10,900 |
2014 | 3,000 | 3,000 | 0 | 10,900 |
2015 | 3,200 | 3,200 | 0 | 10,900 |
2016 | 3,300 | 3,300 | 0 | 10,900 |
2017 | 3,400 | 3,500 | 100 | 10,800 |
2018 | 3,500 | 3,700 | 200 | 10,600 |
2019 | 3,600 | 3,900 | 300 | 10,300 |
2020 | 3,700 | 4,000 | 300 | 10,000 |
2021 | 3,800 | 4,300 | 500 | 9,500 |
2012-2021 | 32,800 | 34,200 | 1,400 | n.a. |
Summary of Outlays, Revenues (Receipts), Deficits, Surpluses Fiscal Years 1980-2010 (Nominal Dollars in Millions) |
|||
Fiscal Year | Outlays | Revenues (Receipts) | Deficits (-), Surpluses |
1980 | 590,941 | 517,112 | -73,830 |
1981 | 678,241 | 599,272 | -78,968 |
1982 | 745,743 | 617,766 | -127,977 |
1983 | 808,364 | 600,562 | -207,802 |
1984 | 851,805 | 666,488 | –185,367 |
1985 | 946,344 | 734,037 | -212,308 |
1986 | 990,382 | 769,155 | –221,277 |
1987 | 1,004,017 | 854,288 | -149,730 |
1988 | 1,064,417 | 854,288 | -155,178 |
1989 | 1,143,744 | 991,105 | -152,639 |
1990 | 1,252,994 | 1,031,958 | -221,036 |
1991 | 1,324,226 | 1,054,988 | -269,238 |
1992 | 1,381,529 | 1,091,208 | -290,321 |
1993 | 1,409,386 | 1,154,335 | -255,051 |
1994 | 1,461,753 | 1,258,566 | -203,186 |
1995 | 1,515,742 | 1,351,790 | -163,392 |
1996 | 1,560,484 | 1,453,053 | -107,431 |
1997 | 1,601,116 | 1,579,232 | -21,884 |
1998 | 1,652,458 | 1,721,728 | 69,270 |
1999 | 1,701,842 | 1,827,452 | 125,610 |
2000 | 1,788,950 | 2,025,191 | 236,241 |
2001 | 1,862,846 | 1,991,082 | 128,236 |
2002 | 2,010,894 | 1,853,136 | -157,758 |
2003 | 2,159,899 | 1,782,314 | -377,585 |
2004 | 2,292,841 | 1,880,114 | -412,727 |
2005 | 2,471,957 | 2,153,611 | -318,346 |
2006 | 2,655,050 | 2,406,869 | -248,181 |
2007 | 2,728,686 | 2,567,985 | -160,701 |
2008 | 2,982,544 | 2,523,991 | -458,553 |
2009 | 3,517,677 | 2,104,989 | -1,412,688 |
2010 | 3,456,213 | 2,162,724 | -1,293,489 |
For a history of the Federal Government’s Receipts (Revenues), Outlays, and Deficits and Surpluses
Table 1.1—Summary of Receipts, Outlays, and Surpluses or Deficits (-): 1789–2016
“…Historical Tables provides data on budget receipts, outlays, surpluses or deficits, Federal debt, and Federal employment over an extended time period, generally from 1940 or earlier to 2012 or 2016.
To the extent feasible, the data have been adjusted to provide consistency with the 2012 Budget and to provide comparability over time.
To download the Historical Tables as a single PDF, click here (360 pages, 3.2 MB) …”
http://www.whitehouse.gov/omb/budget/Historicals
Neither the Republican nor Democratic Party is capable of living within the means of the American people.
The political class or elites are not serious and do not understand the problem.
If they did they would have a sense of urgency which is lacking in both the Democratic and Republican proposed budgets.
The Republicans are proposing a budget for Fiscal Year 2012 of $3,618 billion compared with the President Obama’s $3,729 billion.
This results in a deficit of $995 billion for the Republican budget and $1,101 billion for President Obama’s budget.
As the above tables clearly show, neither party is capable of balancing the budget in the next ten years.
The above budgets are needed to support a warfare and welfare economy with a collectivist state.
The above budgets are not a pathway to a peace and prosperity economy with a constitutional republic.
The budget needs to be balanced starting in fiscal year 2012 at $2,500 billion or less.
The tea party movement demands that from here on out that all budgets be either balanced or in surplus with no tax increases.
Please do not tell me Congressman Ryan that the budget will me in primary balance by 2015.
Primary balance means you exclude interest on the national debt from expenditures or outlays.
A budget in primary balance is just a rather lame-duck president’s attempt to confuse the American people.
I am not confused or amused by President Obama totally irresponsible Fiscal Year 2012 budget proposal.
Nor am I impressed with the so-called path to a balanced budget and a path to prosperity for the United States economy.
The tea party movement does not want a path to prosperity but a jet plane ride to a balanced budget in Fiscal Year 2012 without any new taxes.
Start permanently shutting down ten Federal Departments before you even begin to think about cutting mandatory spending or entitlements including Social Security, Medicare and Medicaid.
The American people want the FairTax not the continuation of an overly complicated Federal Income taxation system even with a lower rate of 25% for individuals and corporations.
The FairTax: It’s Time
President Obama’s Fiscal Year 2012 budget gets a F and it will cost him his re-election.
The American people have no intention of getting in the Democratic Party’s car driven by Nancy Pelosi and Barack Obama:
The American people have no intention of getting on the Republican Party’s path to prosperity either.
The Republican Fiscal Year 2012 budget gets a D+.
Milton Friedman would give you a D-:
The American people demand fiscal responsibility or living within ones means for the Federal Government starting with the Fiscal Year 2012 Federal Government Budget.
The American people were listening when the Republican establishment’s leadership said they heard the American people.
Republicans roll out “Pledge to America”
Pledge to America Preamble
“Pledge to America” Unveiled by Republicans (Full Text)
http://www.cbsnews.com/8301-503544_162-20017335-503544.html
The Republican Pledge to America clearly stated that:
“We have a plan to impose fiscal discipline and cut government down to size.”
The Republican Pathway to Prosperity is that plan and it does not impose fiscal discipline nor does it cut down the size of the Federal Government.
Over the next ten fiscal years, there is not one single year in which the fiscal discipline of a balanced budget is met.
The Republican Pledge to America clearly stated that:
“With common-sense exceptions for seniors, veterans, and our troops, we will roll back government spending to pre-stimulus, pre-bailout levels, saving us at least $100 billion in the first year alone and putting us on a path to balance the budget and pay down the debt. We will also establish strict budget caps to limit federal spending from this point forward.”
For Fiscal Year 2008 the total actual outlays were $2,982 billion and total actual revenues or receipts from taxation were $2,523 billion for the U.S. Federal Government with a deficit of $458 billion.
The Republican Pathway to Prosperity proposes in Fiscal Year 2012 total estimated outlays of $3,529 billion and total estimated revenues of $2,533 billion resulting in a deficit of $997 billion.
Both the Democratic and Republican Parties’ proposed U.S. Federal Government budgets are extremely dangerous for they generate increasing uncertainty among business owners and consumers as to where this ultimately leads the economy and nation.
“Extreme Spending”
The Republican establishment’s leadership in Washington D.C. needs to be replaced for they have refused to learn the lessons of the 2006 and 2008 elections and apparently need to learn another lesson in 2012.
If you are a tea party movement patriot challenge all House and Senate seats currently held by Republicans if they vote for this fiscally irresponsible and unbalanced budget for Fiscal Year 2012.
The tea party movement has been betrayed by the Republican Party leadership and establishment in Washington, D.C.
Dan Mitchell budget would get an A+.
It’s Simple to Balance The Budget Without Higher Taxes
Controlling Leviathan: The Battle for Limited Government
Question and Answer Session: The Fight Against Big Government
I didn’t leave the Republican Party, the Republican Party left me.
The independents and the tea party movement have given up on both political parties.
The Pathway to Prosperity is the Republican Party’s timid attempt to capture the independents and tea party movement.
No sale.
The tea party movement will not be pleased.
They will be leaving on a jet plane.
I will be voting for Ron Paul for President in 2012 and Michele Bachmann for Vice-President.
SA@TAC – Ron Paul’s Pledge to America
P.S. You really disappointed me Congressman Ryan, your proposal is neither bold nor timid, it is fiscally irresponsible and gutless.
While you talk the talk you do not walk the walk.
Suggest Paul Ryan talk to some Senators who understand the problem and what needs to be done now, namely balanced or surplus budgets until the National Debt is completely paid off.
Anything less is fiscally irresponsible.
Rand Paul and Mike Lee on “Glenn Beck” with Judge Napolitano 03/07/11
ELVIS PRESLEY TWELVE OF NEVER
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Pronk Pops: Show 22: April 7, 2011: Segment 3: Republican Establishment Will Propose A Ten Year $6,200 Billion Cut In Spending Over Ten Years–The Problem Is It Does Not Balance The Budget For Another Five Years At The Earliest–Tea Party Movement Demands Balanced Budgets Starting In 2012 For The Next Ten Years!–A Jet Plane To Prosperity Not A Path To Prosperity–Videos
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“Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone.”
Ryan Unveils Much Anticipated 2012 Budget Plan
S-1 FY2012 Chairman’s Markup (Nominal Dollars in Billions)
Fiscal Year
Outlays
Revenues
Deficits
Debt Held By Public
2011
3,618
2,230
-1,388
10,351
2012
3,529
2,533
-995
11,418
2013
3,559
2,860
-699
12,217
2014
3,586
3,094
-492
12,801
2015
3,671
3,237
–434
13,326
2016
3,858
3,377
-481
13,886
2017
3,998
3,589
-408
14,363
2018
4,123
3,745
-379
14,800
2019
4,352
3,939
-414
15,254
2020
4,544
4,142
-402
15,681
2021
4,739
4,354
-385
16,071
2012-2021
39,958
34,870
-5,088
n.a.
http://budget.house.gov/UploadedFiles/PathToProsperityFY2012.pdf
S-1 FY2012 President’s Budget (Nominal Dollars in Billions)
Fiscal Year
Outlays
Revenues
Deficits
Debt Held By Public
2011
3,819
2,174
-1,645
10,856
2012
3,729
2,627
-1,101
11,881
2013
3,771
3,003
-768
12,784
2014
3,977
3,333
-646
13,562
2015
4,190
3,583
-607
14,301
2016
4,468
3,819
-649
15,064
2017
4,669
4,042
-627
15,795
2018
4,876
4,257
-619
16,513
2019
5,154
4,473
-681
17,284
2020
5,442
4,686
-735
18,103
2021
5,697
4,923
-774
18,967
2012-2021
45,952
38,747
-7,205
n.a.
http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/tables.pdf
Paul Ryan – Years of Empty Promises
Ryan Unveils Much Anticipated 2012 Budget Plan
S-1 FY2012 Chairman’s Markup (Nominal Dollars in Billions) | ||||
Fiscal Year | Outlays | Revenues | Deficits | Debt Held By Public |
2011 | 3,618 | 2,230 | -1,388 | 10,351 |
2012 | 3,529 | 2,533 | -995 | 11,418 |
2013 | 3,559 | 2,860 | -699 | 12,217 |
2014 | 3,586 | 3,094 | -492 | 12,801 |
2015 | 3,671 | 3,237 | –434 | 13,326 |
2016 | 3,858 | 3,377 | -481 | 13,886 |
2017 | 3,998 | 3,589 | -408 | 14,363 |
2018 | 4,123 | 3,745 | -379 | 14,800 |
2019 | 4,352 | 3,939 | -414 | 15,254 |
2020 | 4,544 | 4,142 | -402 | 15,681 |
2021 | 4,739 | 4,354 | -385 | 16,071 |
2012-2021 | 39,958 | 34,870 | -5,088 | n.a. |
http://budget.house.gov/UploadedFiles/PathToProsperityFY2012.pdf
S-1 FY2012 President’s Budget (Nominal Dollars in Billions) | ||||
Fiscal Year | Outlays | Revenues | Deficits | Debt Held By Public |
2011 | 3,819 | 2,174 | -1,645 | 10,856 |
2012 | 3,729 | 2,627 | -1,101 | 11,881 |
2013 | 3,771 | 3,003 | -768 | 12,784 |
2014 | 3,977 | 3,333 | -646 | 13,562 |
2015 | 4,190 | 3,583 | -607 | 14,301 |
2016 | 4,468 | 3,819 | -649 | 15,064 |
2017 | 4,669 | 4,042 | -627 | 15,795 |
2018 | 4,876 | 4,257 | -619 | 16,513 |
2019 | 5,154 | 4,473 | -681 | 17,284 |
2020 | 5,442 | 4,686 | -735 | 18,103 |
2021 | 5,697 | 4,923 | -774 | 18,967 |
2012-2021 | 45,952 | 38,747 | -7,205 | n.a. |
http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/tables.pdf
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Government spending is the problem and the tea party movement wants this problem solved now and not over the next five to ten years!
Either Congress and the Senate cuts government spending or the heads of politicians will be on the chopping block.
The American people will vote them out of office.
The Tea Party movement expects the Republican Party to propose a balanced budget starting with Fiscal Year 2012 and passage of the FairTax.
Anything less simply does not cut it.
This will require over a $1,000 billion cut in spending in Fiscal Year 2012 to around $2,500 billion in expenditures and estimated tax revenues of $2,500 billion.
It’s Simple to Balance The Budget Without Higher Taxes
As I expected the Republican Party establishment still does not get it and are living in the past.
A path to a balanced budget over five or ten years means continuing down the road to serfdom resulting in low economic growth and high unemployment rates of the welfare and warfare economy and collectivist state.
Time to turn-around and get on the superhighway to a peace and prosperity economy and constitutional republic by actually cutting Federal spending and reforming the Federal taxation system.
Start by permanently shutting down entire Federal Departments.
Instead of blaming the Democratic Party for shutting down the government, take credit for shutting Federal Departments permanently to save money and reduce the American people’s tax burden.
Embrace the shut-down and then extend it by cutting the salaries and benefits of all remaining government employees by 25%!
There Are too Many Bureaucrats and They Are Paid too Much
The Tea Party movement wants the Federal Government shut-down to save Social Security and Medicare and put it on a sound foundation where every American will have their own personal retirement account and health insurance plan that the individual owns and controls.
Everything should be on the chopping block.
No category of government spending is off the table including all entitlement programs and defense spending.
So called mandatory spending, namely entitlements, should have a budget!
Stop feeding the bureaucratic beast, start chopping.
Milton Friedman on Libertarianism (Part 4 of 4)
Shut-down the following Federal Departments permanently:
- Department of Agriculture (USDA)
- Department of Commerce (DOC)
- Department of Education (ED)
- Department of Energy (DOE)
- Department of Health and Human Services (HHS)
- Department of Homeland Security (DHS)
- Department of Housing and Urban Development (HUD)
- Department of Labor (DOL)
- Department of the Interior (DOI)
- Department of Transportation (DOT)
- Department of Veterans Affairs (VA)
The following Federal Departments will remain open with a 25% cut in staff and a 25% cut pay in benefits;
- Department of Defense (DOD)
- Department of Justice (DOJ)
- Department of State (DOS)
- Department of the Treasury
Have up and down video recorded votes for each Federal Department that requires each Representative and Senator to vote for the closing of each department.
Those Representatives and Senators who vote for the continuation of more than five Departments should be targeted for defeat in the next election.
The Tea Party movement will vote for those politicians who voted for closing ten or more Federal Departments.
Only then will the American people support those who want to reform and “save” Social Security and Medicare with personal retirement accounts and health insurance plans that the individuals owns and controls and not the Federal government.
Yes, entitlements are the real spending problem and will require real reform:
Social Security, a retrospective
Saving Social Security with Personal Retirement Accounts
Moving Forward On Entitlements: Dan Mitchell
Moving Forward on Entitlements: Douglas Holtz-Eakin
Moving Forward on Entitlements: Maya MacGuineas
Moving Forward on Entitlements: Steve Moore
Moving Forward on Entitlements: Panel Discussion
Five actions are required:
1. Limit the size and scope of the Federal Government by closing permanently eleven Federal Departments.
2. Pass the FairTax–a retail national sales consumption tax to replace all Federal taxes.
The FairTax: It’s Time
Dan Mitchell explains the fair tax
What is the FairTax legislation?
How does the FairTax rate compare to today’s?
3. Put all Federal entitlement programs on a sound foundation by making them individual owned and controlled by the individual and not the government–entitlement reform.
4. Balance the budget by limiting total Federal government spending to 80% of the previous year’s FairTax collections with the remaining 20% allocated to paying down the Federal debt.
5. A propaganda or if you prefer a marketing campaign to explain why the above is required.
Milton Friedman – The Social Security Myth
All five need to be accomplished during a three-year time frame from 2011 through 2013.
Only then will the United States economy transition from a low-growth rate and high unemployment warfare and welfare economy to a high growth rate full employment peace and prosperity economy.
Free Markets and Small Government Produce Prosperity
Time is running out.
Either the Congress and Senate acts or the American people will by voting both Democrats and Republicans out of office in 2012 and 2014.
The American people do not want a warfare and welfare economy.
The American people do not want a massive collectivist state.
The American people do not want a path to prosperity over ten years.
The American people want a peace and prosperity economy.
The American people want a constitutional republic that is limited in both scope and size.
The American people want a jet plane to peace and prosperity economy that takes off now.
Attend a tea party event in your community.
Join the Second American Revolution.
Background Articles and Videos
Paul Ryan and David Walker on Entitlements
GOP budget plan to cut more than $4 trillion
By Kevin McCoy, USA TODAY
“…In a Fox News Sundayappearance, Ryan said the GOP 2012 budget blueprint would exceed the $4 trillion in spending cuts previously recommended by a presidential debt commission “by cutting spending, reforming entitlements and growing our economy.”Instead of using changeable spending caps as a percentage of the economy, the plan would use budget caps set by law on the portion of the federal budget that is negotiated by Congress and the president each year, Ryan said. Republican proposals for the precise levels are still being discussed, he said.The plan would also lower federal tax rates and broaden the tax base, Ryan said. Decisions on specific tax changes, such as eliminating federal tax breaks for oil and gas companies, would come later, Ryan said.Discussing entitlements, he said the plan would change Medicare, the federal health care plan for seniors, by creating a “premium support” system that allows seniors “to pick the (private health) plan of their choosing, and then Medicare subsidizes that plan.”However, the plan would allow Americans who are now 55 and older to keep the current Medicare programs.”By addressing the drivers of the debt now, we do it in a gradual way,” Ryan said. “We can guarantee the mission of health and retirement security, not just for current generations, but for future generations.” …”
http://www.usatoday.com/news/washington/2011-04-04-Budget04_ST_N.htm
Related Posts On Pronk Palisades
Ron Paul Tells The Truth–The Political Elites Are Not Serious About Cutting The Budget–The Coming Collapse Of The Dollar And Inflation–Videos
The Washington Political Elites of Both Parties Are Not Serious About Balancing The Federal Budget And Funding Entitlement Liabilities–Send In The Clowns–Don’t Bother There Here–Videos
Paul Ryan Budget
The Path To Prosperity: Restoring America’s Promise
-
Cuts $6.2 trillion in government spending over the next decade compared to the President’s budget, and $5.8 trillion relative to the current-policy baseline.
-
Eliminates hundreds of duplicative programs, reflects the ban on earmarks, and curbs corporate welfare bringing non-security discretionary spending to below 2008 levels.
-
Brings government spending to below 20 percent of the economy, a sharp contrast to the President’s budget, in which spending never falls below 23 percent of GDP over the next decade.
-
Reduces deficits by $4.4 trillion compared to the President’s budget over the next decade.
-
Surpasses the President’s low benchmark of sustainability – which his own budget fails to meet – by reaching primary balance in 2015.
-
Puts the budget on the path to balance and pays off
-
-
the debt.
-
-
Keeps taxes low so the economy can grow. Eliminates roughly $800 billion in tax increases imposed by the President’s health care law. Prevents the $1.5 trillion tax increase called for in the President’s budget.
-
Calls for a simpler, less burdensome tax code for households and small businesses. Lowers tax rates for individuals, businesses and families. Sets top rates for individuals and businesses at 25 percent. Improves incentives for growth, savings, and investment.
-
Creates nearly 1 million new private-sector jobs next year, brings the unemployment rate down to 4 percent by 2015, and results in 2.5 million additional private-sector jobs in the last year of the decade.
-
Spurs economic growth, increasing real GDP by $1.5 trillion over the decade.
-
Unleashes prosperity and economic security, yielding $1.1 trillion in higher wages and an average $1,000 per year in higher income for each family.
-
ECONOMIC GROWTH AND JOB CREATION
-
: Fosters a better environment for private-sector job creation by lifting debt-fueled uncertainty and advancing pro-growth tax reforms.
-
SPENDING CUTS AND CONTROLS:
-
Stops Washington from spending money it does not have on government programs that do not work. Locks in spending cuts with spending controls.
-
REAL SECURITY: Fulfills the mission of health and retirement security for all Americans by making the ough decisions necessary to save critical health and retirement programs.
-
PATIENT-CENTERED HEALTH CARE: Repeals and defunds the President’s health care law, advancing instead common-sense solutions focused on lowering costs, expanding access and protecting the doctor-patient relationship.
: Tackles the existential threat posed by rapidly growing government and debt, applying the nation’s timeless principles to this generation’s greatest challenge. Ensures that the next generation inherits a stronger, more prosperous America.
http://paulryan.house.gov/UploadedFiles/PathToProsperityFY2012.pdf
-
Cuts $6.2 trillion in government spending over the next decade compared to the President’s budget, and $5.8 trillion relative to the current-policy baseline.
-
Eliminates hundreds of duplicative programs, reflects the ban on earmarks, and curbs corporate welfare bringing non-security discretionary spending to below 2008 levels.
-
Brings government spending to below 20 percent of the economy, a sharp contrast to the President’s budget, in which spending never falls below 23 percent of GDP over the next decade.
-
Reduces deficits by $4.4 trillion compared to the President’s budget over the next decade.
-
Surpasses the President’s low benchmark of sustainability – which his own budget fails to meet – by reaching primary balance in 2015.
-
Puts the budget on the path to balance and pays off
-
-
the debt.
-
-
Keeps taxes low so the economy can grow. Eliminates roughly $800 billion in tax increases imposed by the President’s health care law. Prevents the $1.5 trillion tax increase called for in the President’s budget.
-
Calls for a simpler, less burdensome tax code for households and small businesses. Lowers tax rates for individuals, businesses and families. Sets top rates for individuals and businesses at 25 percent. Improves incentives for growth, savings, and investment.
-
Creates nearly 1 million new private-sector jobs next year, brings the unemployment rate down to 4 percent by 2015, and results in 2.5 million additional private-sector jobs in the last year of the decade.
-
Spurs economic growth, increasing real GDP by $1.5 trillion over the decade.
-
Unleashes prosperity and economic security, yielding $1.1 trillion in higher wages and an average $1,000 per year in higher income for each family.
-
ECONOMIC GROWTH AND JOB CREATION
-
: Fosters a better environment for private-sector job creation by lifting debt-fueled uncertainty and advancing pro-growth tax reforms.
-
SPENDING CUTS AND CONTROLS:
-
Stops Washington from spending money it does not have on government programs that do not work. Locks in spending cuts with spending controls.
-
REAL SECURITY: Fulfills the mission of health and retirement security for all Americans by making the ough decisions necessary to save critical health and retirement programs.
-
PATIENT-CENTERED HEALTH CARE: Repeals and defunds the President’s health care law, advancing instead common-sense solutions focused on lowering costs, expanding access and protecting the doctor-patient relationship.
: Tackles the existential threat posed by rapidly growing government and debt, applying the nation’s timeless principles to this generation’s greatest challenge. Ensures that the next generation inherits a stronger, more prosperous America.
http://paulryan.house.gov/UploadedFiles/PathToProsperityFY2012.pdf
UMMARY OF THE FISCAL YEAR 2012 BUDGET R
ESOLUTION
UMMARY OF THE FISCAL YEAR 2012 BUDGET R
ESOLUTION
UMMARY OF THE FISCAL YEAR 2012 BUDGET R
ESOLUTION
UMMARY OF THE FISCAL YEAR 2012 BUDGET R
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