As 2025 approaches, a critical debate over extending the 2017 Trump tax cuts that finally ended America…
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Image of the Day: U.S. Corporate Tax Rate Remains Too High

As 2025 approaches, a critical debate over extending the 2017 Trump tax cuts that finally ended America's inglorious status as the developed world's highest corporate tax rate looms.  Important in that debate is something that many people may find surprising:  America's corporate tax rate remains too high.  As our friends at the Tax Foundation highlight, at 25.8%, it stands above the worldwide average of 23.51%.  Something to keep in mind when opponents of tax reform and greater global competitiveness attempt to mischaracterize our current rate as somehow too low.

 

[caption id="" align="aligncenter" width="508"] U.S. 25.8% Corporate Tax Rate Remains Too High[/caption]

 …[more]

December 20, 2024 • 09:17 AM

Liberty Update

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Dear Senior Citizens, Part Three Print
By CFIF Staff
Thursday, November 19 2009
It is still your job, quickly now, to instill both courage and fear into enough Democratic Senators to cast that handful of 'NO' votes. If you have already called, faxed, written, then please do so again, because Senators have short memories and President Obama has set his enforcers on them.

Oh goodness gracious, granny.

By now, we thought we’d be singing “over the river and through the woods, to...”

But you didn’t finish your job, did you? 

Perhaps you believed that nice young man, President Obama, who told you ObamaCare would have no effect on your Medicare services, rather than those of us who bluntly told you he’s a lying snake.

Perhaps you believed that nice AARP, which has spent millions in ads trying to convince you that everything’s going to be okay if you just accept $500 billion in cuts from Medicare.  (Of course, AARP also has some nice insurance to sell you, should you be needing any of that, which they know you will after they get through colluding to diminish what you now have.)

You didn’t listen to Grandma Pelosi or Grandpa Reid, because you’re smarter than that, but you let them sneak around behind you to keep this monster alive, and now the truth is flopping about like a dying fish, gonna start to smell soon.

The truth is out there this week, because there’s a guy who did do his job.  His name is Richard S. Foster.  He’s the chief actuary of the Centers for Medicare and Medicaid Services, which actually administers Medicare and Medicaid, unlike those politicians who just meddle with them.  As the chief actuary, he looks at the system and figures out the costs and what those costs mean.  In this case, he specifically looked at ObamaCare and what that would mean.

You’re not going to like Mr. Foster’s analysis, not one bit.

To put part of it in plain language and assure you that we’re not making this up, here’s how Lori Montgomery of The Washington Post reported it:  "A plan to slash more than $500 billion from future Medicare spending – one of the biggest sources of  funding for President Obama’s proposed overhaul of the nation’s health-care system – would sharply reduce benefits for some senior citizens and could jeopardize access to care for millions of others, according to a government evaluation released Saturday.

“The report, requested by House Republicans, found that Medicare cuts contained in the health package approved by the House on Nov. 7 are likely to prove so costly to hospitals and nursing homes that they could stop taking Medicare altogether.”

We and others have told you this already, but we don’t have the standing of Mr. Foster.  Nor do we have the standing of Jeffrey Flier, Dean of Harvard Medical School, no crazed radical he, who this week wrote, “...the people who favor the legislation are engaged in collective denial....Speeches and news reports can lead you to believe that proposed congressional legislation would tackle the problems of cost, access and quality.  But that’s not true.”

This entire mess can be stopped now, and you can stop it. 

Senate Majority Leader Reid is forcing his twisted version of the bill on the Senate right now.  Given the makeup of the Senate, and what, for the moment, appears to be unified Republican opposition, the bill can be stopped by one or two Democratic Senators saying “NO, I will not allow this assault on this nation’s seniors to continue one more day.”

Those who vote “NO” on the first vote know they will be stopping this dead in its tracks, House bill gone, Senate bill gone, ending months of anxiety by the population at large, but most specifically senior citizens.  No more deceptive “debate.”  No more schemes to pay for this on the backs of senior citizens.

It is still your job, quickly now, to instill both courage and fear into enough Democratic Senators to cast that handful of “NO” votes.  If you have already called, faxed, written, then please do so again, because Senators have short memories and President Obama has set his enforcers on them.  Ask Aunt Molly and Uncle Joe and everyone you know to do the same thing.

If you will just finish your job this week, then next week you can get back to baking those pies.  We still like mincemeat, which you can and should be making of this legislation.


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