Showing posts with label Rick Perry. Show all posts
Showing posts with label Rick Perry. Show all posts

Friday, March 29, 2013

Libertarian John Fund Bails Out Of The Tax Code's Marriage Bonus

Libertarians do not see the value to the country of providing tax incentives to couples who marry and make sacrifices to raise the next generation, usually in the form of one parent staying home and keeping deeply involved in the lives of their children while the other works for a paycheck. Libertarians have become used to the idea that America is OK with an increasingly maladjusted and malcontented population of fruits, nuts and flakes, perhaps because that's who they are.

Only Phyllis Schlafly, it seems, is old enough and conservative enough to remind people today how hard it was and how long it took to achieve "married filing jointly" in 1948, but when she is gone none will be left to carry the torch. Instead we will be left with the fiddlers like Gov. Rick Perry and the kooks like John Fund who will preside over the crack-up of America.

Here is John Fund, for National Review, just another reason I stopped subscribing long ago:

"The cherished principle of separating church and state should be extended as much as possible into separating marriage and state. ... But instead of fighting over which marriages gain its approval, government would end the business of making distinctions for the purpose of social engineering based on whether someone was married. A flatter tax code would go a long way toward ending marriage penalties or bonuses. We would need a more sensible system of legal immigration so that fewer people would enter the country solely on the basis of spousal rights."

You see, it doesn't just stop with the one thing. Everything conservative must go: America's Protestant inheritance, the primacy of the nuclear family and national identity rooted in law and order. Libertarians, like other ideologues, aren't called the terrible simplifiers for nothing.

Thursday, September 13, 2012

What The Greatest Generation Has Done: Eaten Their Own Children, Modeling Abortion

I'm hungry! Give me a baby!
The old impoverish us all with high taxes in the form of Social Security and Medicare. Last time I checked, the average senior citizen in the good ole USA gets a transfer payment of $30,000 annually.

If you made $100K a year for 40 years in a working life, WHICH YOU DIDN'T!, and if you paid 6.25 percent per year in said taxes, WHICH YOU DIDN'T, you would have contributed $250K, BUT YOU DIDN'T, it would take just 8 years in retirement at $30K per year to eat it all up. WHICH YOU WILL, AND A WHOLE LOT MORE. This is why Gov. Rick Perry of Texas called Social Security a giant Ponzi scheme. WHICH ANY IDIOT FROM A FREAKING COW COLLEGE COULD FIGURE OUT, EVEN WITH A FREAKING C AVERAGE.

They take all this money and go golfing, traveling to exotic locales, vacationing in lavish time shares on which they lose a bundle, getting knee replacements, hip replacements, coronary bypass surgery, cataract surgery, yada yada yada, generally enriching themselves at our expense all the while promoting the notion that they're the greatest while we can't afford even to have children of our own, whom we abort with their encouragement.

Consider this story, emphases added:


In August, according to the Social Security Administration, there were a record 8,767,941 American workers collecting federal disability payments, and also 2,018,569 spouses and children of disabled workers collecting benefits. Additionally, in August, there were a record 45,505,287 retired workers, their spouses and dependents receiving Social Security benefits.

That made for a record 56,291,797 people in the United States in August taking Social Security or disability benefits. That was up from the previous record of 56,188,736 set in July.

Sunday, March 25, 2012

Sunday, January 29, 2012

Gov. Rick Perry Endorses Newt Gingrich Thursday, January 19th, 2012

As reported by Politico, here:


“I believe Newt is a conservative visionary who can transform this country,” Perry said. ...

“Newt is not perfect, but who among us is?” said Perry.

Citing his Christian faith, Perry said of Gingrich: “I believe in the power of redemption.”

Tuesday, December 13, 2011

Net Worth of Poorest Republican Candidate for President is 10 X More Than 75 Percent of America

Here's the minimum net worth of the Republican candidates for president:

Sen. Rick Santorum: $880,000
Gov. Rick Perry: $1.1 million
Rep. Michele Bachmann: $1.8 million (Congressional disclosure is average of minimum and maximum)
Rep. Ron Paul: $3.6 million (Congressional disclosure)
Newt: $6.7 million
Gov. Jon Huntsman: $16 million
Gov. Mitt Romney: $190 million

Discussed here (link).

75 percent of the American people have a net worth in 2007 of $80,000 or less.

Sunday, November 6, 2011

The Economic and Social Value of the Joint Income Tax Return Produced the Baby Boom

So says Phyliss Schlafly, who thinks Texas Gov. Rick Perry's flat tax plan flattens the traditional family and rewards kinky couples, here:


The joint income tax return for husbands and wives was landmark legislation. The Republican Congress passed it in 1948 over President Truman's veto.

As originally designed, the joint return recognized a husband and wife as two equal partners, even if the husband earned all the family's income. Each tax bracket, deduction and exemption was equal to twice that of a single person.

Subsequent tax reform bills, especially the one signed by Richard Nixon in 1969, which also introduced the hated Alternative Minimum Tax, reduced the value of a joint return to only about 1.6 persons, while increasing the tax benefit of an unmarried "head of household" to about 1.4 persons. Simple arithmetic shows that a single parent with an unmarried live-in "partner" gets more favorable tax treatment than respectable married couples struggling to support their own children.

And by the way, the postwar "baby boom" happened during the 20-year period when married couples were fairly valued in the federal income tax. That's not coincidence; incentives matter, and America's marriage rate and birth rate plummeted after the value of the joint return was reduced.

Thursday, October 27, 2011

Cain's 999 Plan Would Produce Faster Economic Growth Than Perry or Romney

So says Louis Woodhill for Forbes, here:

Comparing the Republican candidates’ tax plans as written, Cain’s “9-9-9” proposal is the best, because its 9% (effective) corporate income tax rate would produce faster economic growth than Perry’s 20% rate or Romney’s 25% levy.  Cain’s plan has a number of problems, but these could be fixed if he were to give up on the notion that it should be “revenue neutral”.

Given that Cain has the best plan for economic growth, it is not surprising that the latest polls show him leading the Republican pack.

This having been said, Cain’s 9-9-9 plan is not as good as the FairTax, which Cain himself says is his ultimate goal.  The FairTax , which taxes only consumption spending, would yield the fastest economic growth of any tax system.  The FairTax plan has also had the benefit of years of analysis and refinement to minimize the distributional inequities that would attend any kind of fundamental tax reform.

Mr. Cain should start emphasizing that economic growth is much more important than revenue neutrality, and he should promise to refine his plan so that no income group ends up having to pay much more than they would under the current system.  If he does so, he, like fundamental tax reform, will be unstoppable.

Cain's 999 Plan Beats Perry's Flat Tax

So says Diana Furchtgott-Roth here:

The Cain plan gets rid of payroll taxes, about $15,000 on an income of $100,000, whereas the Perry plan does not. So under the Perry plan, our hypothetical family would pay $25,000, compared with $14,970 under the Cain plan. That's an extra $10,000.

If Cain could get rid of the payroll tax as well as keep tax rates to 9 percent, many taxpayers would gain substantially. But he has not said how he will replace the payroll tax revenues or transition to private accounts.

Thursday, October 20, 2011

I'm With Hitch: Secret Scripts and 3D Glasses are Kooky and I Don't Want a President Who Believes In Them

If Rick Perry had any brains, he'd have said as much:

[W]e are fully entitled to ask Mitt Romney about the forces that influenced his political formation and—since he comes from a dynasty of his church, and spent much of his boyhood and manhood first as a missionary and then as a senior lay official—it is safe to assume that the influence is not small. Unless he is to succeed in his dreary plan to borrow from the playbook of his pain-in-the-ass predecessor Michael Dukakis, and make this an election about "competence not ideology," he should be asked to defend and explain himself, and his voluntary membership in one of the most egregious groups operating on American soil.

Read the whole thing here from Christopher Hitchens.


Wednesday, September 28, 2011

High Tariffs Allowed Domestic Producers To Get Really Rich Off Captive Consumers

So says John Steele Gordon, who provides a short history of taxation for The Wall Street Journal, here:

After the Civil War, nearly all the wartime taxes—including the nation's first income tax—were repealed and the federal government relied mostly on the tariff for revenues. It provided the government with more than ample peacetime income. In 1882, the government had revenues of $403 million, but expenses were only $257 million, a staggering budget surplus of nearly 36%. The reason the tariff was so high was, ostensibly, to protect America's burgeoning industries from foreign competition.

Of course, the owners of those burgeoning industries—i.e., the rich—were greatly helped by the protection, which enabled them to charge higher prices and make greater profits than if they had had to face unbridled foreign competition.

But the tariff is a consumption tax, which is simply added to the price of the goods sold. And consumption taxes are inherently regressive.

Which ought to get more attention on the right when one considers that liberals like Paul Krugman, Nancy Pelosi and Barack Obama and so-called conservatives like Herman Cain, Rick Perry and Mitt Romney all seem to like consumption taxes in one form or another.

The move would raise more revenues off the rank and file, and preserve the fortunes of the rich, which is why so many politicians support them. The better to eat you with, my dear.


Wednesday, September 21, 2011

Wednesday, September 14, 2011

Nearly One Week On Obama Still Can't Find a Democrat to Sponsor His Jobs Bill

Pass this bill! Pass this bill!

But no Democrat has filed the bill in the US House.

Maybe because Democrats went to the mat for ObamaCare in March 2010, and lost big for it in November 2010.

Democrats in the House are obviously letting The One twist in the wind right now because The One did nothing to help them win re-election last autumn. Obama let them twist in the wind while he went on vacation every six weeks during 2010.

To rub the Democrats' noses in it, Republican Rep. Louie Gohmert finally has taken advantage of the lack of initiative and co-opted the bill with one of his own by the same name, as reported here:

President Obama repeatedly asked members of Congress to pass the American Jobs Act last week. But when no Democrat filed Obama’s bill after he presented it to Congress, a conservative congressman swiped the name for his own legislation.

The American Jobs Act introduced in the House of Representatives looks quite different from the version President Obama outlined in his speech to Congress. Instead of hiking taxes on working Americans to pay for another stimulus, Rep. Louie Gohmert’s (R-TX) legislation offers a tax cut.

UPDATE: Gohmert’s bill now has a number. It’s HR 2911.

Democrats can't say Gohmert didn't give them plenty of time, considering the urgency of the matter as put forward by Obama.

The fact of the matter is, when Obama and the Democrats controlled both the House and the Senate and the Executive from the beginning of 2009 into early 2010, it was the Senate which stalled almost everything sent to it by Speaker Pelosi and Company. Hundreds of measures passed by the Democrat House never saw the light of day in the Democrat Senate.

The point is that the problem for "legislative progress" is "structural" as the economists want it. The problem is with the US Senate, no matter which party controls it.

Gov. Rick Perry is wise in recognizing that the problem specifically has to do with who elects the Senate, which is no longer the State Legislatures, the way prescribed by the Constitution.

The consequence of the 17th Amendment is that we now have two legislative houses in competition for mere populist sentiment, which is a recipe for inaction, not action, because the legislative cycle distributes populist urgency differently in the two houses of our legislature. In changing the manner of election in the 17th Amendment, they forgot to change the timing.

As it is, only one third of the Senate is up for election/re-election every two years with the House, which still keeps most of the Senate largely behind the schedule of the mere popular whim, just as the Constitution intended, and the popular whim changes so fast these days that it's usually only a Senator (!) who notices it, and he or she bides his or her time, knowing popular whim will be forgotten in two years' time, or four. Better to wait and catch the next wave, which will doubtless be different.

Obama should be so smart.

Which Republican Woman is Desperate, Ambitious and Egotistical?

Sarah Palin, right?

No, that's The Ace of Spades on Michele Bachmann, crying "Bullshit!" on her anti-vaccination critique of Gov. Rick Perry, here:

Michelle Bachmann is desperate. She's an ambitious, egotistical woman who started running for President just two short years after she first ran for Congress. In the past two months her support went from 13% and rising to 4% and falling.

That's funny, Sarah Palin keeps launching salvos in the direction of the declared Republican candidates but keeps playing coy about her own candidacy, imagined she could resign her governorship and remain credible with the Republican rank and file, and plays the kingmaker in races all over the country on the basis of the thinnest of records of public service all the while touting that record as twenty years in public life, mutilating sweet reason all along the way.

Sounds pretty egotistical, ambitious and desperate to me.

The Republican Party still doesn't have its Margaret Thatcher. More like a pair of Molly Hatchets.

Monday, September 12, 2011

Biggest Applause Lines From September 7, 2011 Republican Debate

"We should make English the official language of government."

-- Rep. Newt Gingrich

"But in the state of Texas, if you come into our state and you kill one of our children, you kill a police officer, you're involved with another crime and you kill one of our citizens, you will face the ultimate justice in the state of Texas, and that is, you will be executed."

-- Gov. Rick Perry

Full transcript here at The New York Times.

Reminiscent of Michael Savage's themes of borders, language and culture.

Sunday, August 21, 2011

We Still Don't Know Obama's GPA, But We Already Know Gov. Rick Perry's

From an important story about the Texas governor from Andrew Ferguson for The Weekly Standard, here:

At Texas A and M he earned a grade point average a bit over 2.0 (Ds and Cs in chem and trig and Shakespeare, an A in world military systems, and a B in phys. ed.) and majored in animal science. 

Saturday, August 20, 2011

Gov. Rick Perry Would Fight Dollar Collapse, Maybe With A Little Tar and a Few Feathers

"Bernanke also is facing external dissent of a different type. This week, Texas Gov. Rick Perry, who's running for the GOP presidential nomination, made a controversial comment that appeared to encourage bodily harm to Bernanke if he continued to 'print money.'" -- Tom Petruno, LA Times, here.

"Gov. Rick Perry scorched the political pot on Tuesday with a red-hot rhetorical attack on Fed-head Ben Bernanke. When asked about the Fed reopening the monetary spigots, Perry said, 'If this guy prints more money between now and the election, I don’t know what y’all would do to him in Iowa, but we -- we would treat him pretty ugly down in Texas.'

"And that wasn’t all. In a more controversial slam, Perry said, 'Printing more money to play politics at this particular time in American history is almost treacherous -- or treasonous -- in my opinion.'" -- Larry Kudlow, here.

"There is no known case of a person dying from being tarred and feathered in [the Revolutionary] period. During the Whiskey Rebellion, local farmers inflicted the punishment on Federal tax agents." -- Wikipedia entry, here.


This dramatization shows the victim stripped naked from head to toe, whereas to the waist only was more customary. -- (source)

Monday, August 15, 2011

The Forehead Wishes He Had Gov. Rick Perry's Hair

But that's about it. Oh, except for the ambition.

Story here.

He doesn't mention that as nitwits go, this one made the bright choice to become an organizer for the divinity school dropout, Al Gore, before he became a Republican.

Saturday, August 13, 2011

What?! James Pethokoukis Must Be High.

I just heard James Pethokoukis on Kudlow's radio program say Gov. Rick Perry is very conservative, to the right even of . . . Rep. Paul Ryan.

Wow! Whoopee! Imagine that, someone to the right of a moderate Republican.

Friday, July 15, 2011

Democrat Rick Perry Once Voted For Texas Size Tax and Salary Increases

. . . Back in the 80s, when now Republican Governor of Texas Rick Perry also worked for Al Gore.

The New York Times is happy to tell you, here.

Tuesday, July 5, 2011

Everything You Need To Know About TX Gov. Rick Perry, George W., and Karl Rove In One Sentence


"In 1989, Mr. Rove, already a powerful Texas political consultant, helped persuade Mr. Perry to join the Republican Party and run as agriculture commissioner."

The New York Times, here.