US Taxes

This category contains 32 posts

UN Planning Global Taxes – This Has GOT to STOP

How do you feel about paying taxes directly to the United Nations? Of course, we already pay indirect taxes by providing them with 22 percent of the UN regular budget and more than 27 percent of the UN peacekeeping budget. However, there is a plan in the works to: “impose a global consumer tax on … Continue reading

Taxes To Rise For 163 Million Americans In 2013

Regardless of who wins the election in two weeks, taxes are set to go up for 163 million Americans by as much as $4,500 per year. A temporary reduction in Social Security payroll taxes is due to expire at the end of the year and hardly anyone in Washington is pushing to extend it. Neither … Continue reading

Dreams Of His Father – Global UN Taxes

Dick Morris is about to release a book enumerating President Obama’s plan to work with the United Nations and tax Americans directly. Should this surprise you? Not if you’ve had your eyes open the last four years. In a Fox News article, Morris discusses how the president and a Democrat controlled Senate are all that … Continue reading

Romney Alludes to TaxFootprintUSA in Presidential Debate

In the first debate between Mitt Romney and President Obama last night, the former governor from Massachusetts inadvertently referred to TaxFootprintUSA when he discussed the small business operator in St. Louis who manually calculated he spends more than 50% of his income in taxes. We’re about to release an iPhone app to easily allow you … Continue reading

Get Ready People – This Is A Harbinger Of Things To Come

Past performance does not always guarantee future results. At least that’s what they tell us in Finance 101. However, history does repeat itself. And as the rhetoric ramps up in the wake of the US presidential elections, talk of budget deficits and the exponentially growing national debt will be bandied about ad nauseum. When Democrats … Continue reading

Congratulations Georgia Voters

You CRUSHED the proposed $7BB Transportation Tax. There’s a brother-in-law or two with a concrete or construction company in The Peach State who must be royally pissed this morning! The fall elections are going to be righteous…

ObamaCare Fallout – First of Many

An Indiana medical equipment company has announced a halt to expansion plans in the wake of ObamaCare and it’s uncertain future. The Affordable Care Act imposes a 2.3 percent tax on medical devices beginning in 2013. But a Cook Medical spokesman said the impact is more likely 15 percent and will result in a major drain … Continue reading

ObamaCare Already Over Budget – And Growing

And it hasn’t even been implemented yet!  As being reported at Beltway Confidential, business owners will pay $4 billion more in taxes under President Obama’s Affordable Care Act (ACA)  than the Congressional Budget Office had previously expected. Go figure – and it’s only going to get worse. The thought of Nancy Pelosi and all the other … Continue reading

Freedom Police Banging Their Wardrums Again

The Drudge Report has a story about a movement to charge additional taxes on food and beverage items deemed “unhealthy”. Will the insanity ever end? Probably not. It started with helmet laws, then seatbelt laws, then public smoking laws and more. The cows are out of the barn I’m afraid – and it’s our own damn … Continue reading

Fedzilla Roars

Quoting an old Okie, “How much rice can a damn Chinaman eat?” It applies to our federal government and the profligate spenders in Congress. They just can’t get enough. See, Eduardo Saverin, co-founder of Facebook and originally citizen of Brazil, became a US citizen in 1998. But after graduating from Harvard, he moved to Singapore … Continue reading