THE DEMOCRATS' (SECRET) PLAN FOR AMERICA
The Democrats have begun their campaign to frighten voters before the fall elections. It's nothing but a replay of past elections, the only difference being that they seem to be starting the scare tactics a bit early this year. I guess you can't blame them. Nothing else has worked. The tried to hand the Florida election problems on Bush. No go. Then it was the economy, and that didn't work either. They gave a stab at the "Bush is stupid" routine, but Americans aren't buying it. Enron looked worse for Clinton than it did for Republicans, so the Social Democrats had to give up on that one too. So, it's time to go back to Democratic roots. Try to scare the beejezus out of older voters. It's worked in the past -- so it will surely work this time.
The ploy is simple. Convince wrinkled citizens that the evil Republicans want to take away their Social Security. It's an old trick, tried and true. ..
Remove a majority of voters from responsibility for income taxes This is the biggie ? and they've made no attempt to hide their goals here.
The Democrats have been working on this plan for decades --- with no small amount of help from the cowardly Republicans. The idea is simple. Using "refundable" tax credits and deductions and such ideas as the fraudulent Earned Income Tax Credit the Democrats are working to shift the entire burden for the payment of federal income taxes onto a minority of US taxpayers. Right now the top 50 percent of taxpayers pay almost 96 percent of the taxes. The Democrats are close to their goal. When the majority of voters have no federal income tax liability it will be almost impossible to pass any meaningful tax cuts ? and further tax increases will be a piece of cake, especially if the taxes only affect those to be considered to be rich. Through this ploy the Democrats plan to create a defeat-proof socialist congress.
Shift Social Security and Medicare Taxes to the "Rich"
Payroll taxes, as you know, are basically Social Security and Medicare taxes. The Democrats have almost achieved their goal of shielding the so-called "poor" from any income tax liability at all. But --- the poor saps still have to pay Social Security and Medicare taxes. Democrats conveniently ignore the fact that these same people will get full Social Security and Medicare benefits when they reach the magic age ... and those benefits must never be touched! It's OK, though, to excuse these people from the responsibility of actually having to pay the premiums for these insurance and retirement benefits. So ..... the next element of the Democrats' Secret Plan! ?Medicare taxes lost by excluding the first $15,000 in income. In reality the Democrats would have to raise the salary cap by about $19,000. They would just round it off to $20,000.
So, there you go. Shifting the burden for the cost of Social Security and Medicare for low income earners onto high income earners. The Democratic way.
Massive increase in Social Security taxes As we've said, Social Security is a mainstay when it comes to Democrat vote-buying. Social Security was, is and always will be nothing more than a giant income redistribution scheme designed to create dependency on government and loyalty to the program's protectors in congress. The more money you pour into Social Security benefits, the more the wizened class loves you, depends on you and will be dedicated to keeping you in office. The Democrats need massive new funding sources to pay expanded Social Security benefits --- but they must get that money without raising Social Security taxes on the middle and lower income groups. The solution? The Democrats have a "secret plan" to expand the wage base for Social Security taxes. Right now you only pay these taxes on the first $88,000 or so of income. Give the Democrats the power and watch that wage base jump to $100,000, $200,000 and beyond. The eventual Democrat Party goal is to have people pay Social Security taxes on every penny they earn ... no matter how much that is. ..
Socialized Medicine
They already tried this with Hillary Care. It failed. Democrats aren't discouraged by failure. They just try and try again until they finally get you to swallow the poison pill. There are two basic reasons the Democrats are working so hard for complete government control of this huge segment of our economy. One, of course, is power. Health care comprises about 15% of our national economy. If the government can seize control of this large a segment of our economy a giant step toward a socialist economy will have been achieved. The second reason is control. Think about it. If you control a person's access to healthcare ... you effectively control that person?.
Democrats live in quaking fear of free market competition. This was one of the reasons they worked so hard to defeat Bush's economic stimulus plan. There was a provision in that plan that would allow laid-off workers to go out into the marketplace to find health insurance. They would then be allowed a tax credit to cover the cost of that health insurance premium. ?
Tax your pension funds
This idea first received serious consideration in the early Clintonista years. As soon as the Republicans took control of the Congress the idea disappeared. Right now it's being "secretly" incubated by Democrats to be hatched when they regain control. ?
The "secret" plan? A one-time 15% tax on the outstanding balance of all private pension and 401K retirement plans. This money would be paid into the general fund of the federal government and used to fund various social programs for low and middle-income earners.
Is this a dangerous plan for Democrats? Not really. The plan would take money chiefly from those who earn enough money to actually pay income taxes and contribute to pension plans. These people do not make up the core of Democratic voters.
Tax your pension contributions also
After the Democrats levy their 15% tax on the outstanding balance of all pension and 401K plans, they intend to follow up with a tax on all future contributions to these plans. The theory is that "rich" people shouldn't be allowed to contribute that money to these plans tax free when "poor" people don't have that opportunity.
The Magic of Imputed Income
Imputed? What does "imputed" mean?
One definition is to "credit." So, by imputed income, we mean that you are credited with income you didn't necessarily earn?.
So --- here is the idea that the Clinton Administration was tossing around prior to the voter revolution of 1994. They were going to impute ? credit ? extra income to people who own their own homes. This was going to be done for two reasons. First, to push more people into the higher income brackets where Clinton tax increases could reach them. Second, to increase the amount of taxes actually collected from these people. Here's how Clinton's imputed income scheme was going to work:
Let's say you own a home worth $250,000. Your payments on that home are about $2,000 a month. The government uses census data (there is a reason they ask all of those extra questions) to figure out what a $250,000 home in your neighborhood would rent for. Let's say it would rent for $3000 a month. This means that you could rent your home for $1000 a month more than your payments. ?
So ... here is this element of the Democrats' secret plan for you and your bank account. When you fill out your tax return you will have to consult certain tables and government data to determine what a home like yours would rent for in your neighborhood. Using the example above, your home would rent for $3000. You're paying $2000 a month to your mortgage company. You will be instructed to take the difference ($1000 a month) and multiply it by 12. This gives you $12,000. That's your imputed income. Add that to your other earnings to come up with your taxable income. That adds up to more than $4,500 in additional income taxes if you're in the top tax bracket. Hey, it's only fair ... you being rich and all?.
Economically Targeted Investments -- controlling your pension fund investments.
Here we are, right back at your pension funds and 401K funds again. Again --- there is so much money in these funds, trillions of dollars, that the Democrats just can't leave them alone. ?Here's the deal. ? The Democrats plan to change the rules on pension and 401K accounts. Instead of just investing these funds in stocks and bonds, fund managers will be required by the government to invest these funds in certain investments dictated by government -- by Democrats. In this way the governments can fund some of their spending schemes, but without using government funds. The Democrats will simply pass laws requiring fund managers to invest in corporations building low income housing; or companies who are hiring workers off welfare roles. Other "allowed" investments will be in such things as environmental protection, waste recycling and other causes popular with the left. ?
All of this will mean that the Democrats can claim credit for spending on some of their favorite programs without going to the taxpayers. ?
Force employers to pay for "family leave."
Right now the Family Leave Act requires employers to give employees about 12 weeks of unpaid "family leave" to take care of certain family events and emergencies, such as having a baby, illness, death or some other situation. The key here is that the family leave is unpaid. The Democrats want employers to continue to pay the employees while they take their extended vacation. The Democrats "secret" plan is to begin with a law requiring payment of about one-half of the employee's salary. This will give Democratic candidates the opportunity to campaign in future years on the basis of increasing the percentage paid to those on family leave. ?Democrats have a "secret plan" to impose confiscatory taxes on any Americans who try to move their wealth or their business interests out of this country.
Government paid childcare for majority of voters
The absolute last thing a Democrat would ever do would be to suggest to anyone that they shouldn't have a baby they can't afford to raise? They have also been working to raise taxes to the point that it is difficult beyond reason to raise a child on the income of one working parent. Thus ... the necessity of child care. If the government steps in and provides the funds for that child care then, to that extent, the parents become just that much more dependent on government ... and Democrats.
Government control of all childhood education (indoctrination) ? Government schools? Government schools will promote what? Government! Thus, Democrats see a clear need to keep as many children in government education programs as possible.
Repealing the Second Amendment
Haven't you ever thought it a bit odd that leftists and Democrats are generally opposed to the concept of the private ownership of firearms, while conservatives and libertarians favor the idea? Well, there's a reason. Those who value and celebrate the worth of the individual and of individual freedom generally believe that the individual should be permitted to own and bear arms. Those who put the power of government over and above the power of the individual would just as soon see the individual unarmed. Armed individuals are, of course, a threat to tyranny.
Destroy talk radio
Democrats aren't fond of talk radio. They know that Rush Limbaugh played a huge role in the voter revolution of 1994. ?You should be aware that at a recent meeting of the Democratic Party of Oregon a resolution was adopted to use the power of government and the "fairness doctrine" to reign in those horrible right wing talk show hosts.
European Economy Limping into 2005
Originally Posted by Tom Mazanec
