AIPNews.com
AIP is 'the Citizen-Led Campaign to Save America' -> 'America's Heroes, America's Principles'
Read this very interesting bit of history at:
The New American
Saturday, September 4, 2010
Is Lakin’s court-martial an American ‘Dreyfus affair’? - ALAN KEYES
AIPNews.com
Constitutional Watchdogs -> Alan Keyes is Loyal to Liberty
Read this very important article at:
Constitutional Watchdogs -> Alan Keyes is Loyal to Liberty
Read this very important article at:
LoyaltoLiberty.com
Jen is Fed Up with GOP
AIPNews.com
Iowa - Approved Independent Parties & Orgs -> America's Independent Party of Iowa
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"Perhaps the strongest feature in his character was prudence, never acting until every circumstance, every consideration, was maturely weighed; refraining if he saw a doubt, but, when once decided, going through with his purpose, whatever obstacles opposed." --Thomas Jefferson, on George Washington in a letter to Dr. Walter Jones, 1814
Iowa - Approved Independent Parties & Orgs -> America's Independent Party of Iowa
Jen returns to the show and explains why she's done being a Republican.
jen leaves GOP 090210.mp3 (MP3 Format Sound)
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"Perhaps the strongest feature in his character was prudence, never acting until every circumstance, every consideration, was maturely weighed; refraining if he saw a doubt, but, when once decided, going through with his purpose, whatever obstacles opposed." --Thomas Jefferson, on George Washington in a letter to Dr. Walter Jones, 1814
Friday, September 3, 2010
Planned Parenthood’s moral insanity - ALAN KEYES
AIPNews.com
Constitutional Watchdogs -> Alan Keyes is Loyal to Liberty
Read this important article at:
Constitutional Watchdogs -> Alan Keyes is Loyal to Liberty
Read this important article at:
LoyaltoLiberty.com
75% of Americans think we'd be better off with all new members of Congress
AIPNews.com
AIP is 'the Citizen-Led Campaign to Save America' -> America's Forum - 'We are the Media!'
AIP is 'the Citizen-Led Campaign to Save America' -> America's Forum - 'We are the Media!'
More dismal poll numbers for Dems, but GOP incumbents could be in trouble too
Yahoo NewsWhat would Republicans do with a new majority?"They have not a clue"
AIPNews.com
Constitutional Watchdogs -> Patrick Flynn's "Republican" Watch
Constitutional Watchdogs -> Patrick Flynn's "Republican" Watch
David Frum and conservative purges
Washington ExaminerThursday, September 2, 2010
After Tea Party defeat of Murkowski in Alaska, Delaware GOP hacks get vicious against O'Donnell
AIPNews.com
AIP is 'the Citizen-Led Campaign to Save America' -> America's Independent Tea Parties
Wary of tea party, GOP attacks Senate candidate
Boston Globe/AP
AIP is 'the Citizen-Led Campaign to Save America' -> America's Independent Tea Parties
Wary of tea party, GOP attacks Senate candidate
Boston Globe/AP
America's Summit - Restore the Republic - Every Tuesday and Thursday - 9 pm Eastern [call info]
AIPNews.com
AIP is 'the Citizen-Led Campaign to Save America' -> 'America's Summit - Restore the Republic'
Every Tuesday and Thursday Night
AIP is 'the Citizen-Led Campaign to Save America' -> 'America's Summit - Restore the Republic'
Tonight, as always, we will discuss the news of the day and whatever is on your heart and mind.
We will also answer any questions you have about AIP, our platform, and our goals.
Please join us!Every Tuesday and Thursday Night
Sponsored by LifeandLibertyReport.com
Hosted by AIP Chairman Tom Hoefling
National Conference Call featuring AIP leaders, special guests, and principled, independent, conservatives from across the land
Email questions or comments to tomhoefling@gmail.com
The calls are live-streamed on the web at: www.blogtalkradio.com/AIP
The call-in number is:
………………..(218) 339-2222
and the conference ID is:
………………..340794#
The Tuesday and Thursday night calls begin at:
………………..9:00 p.m. Eastern
Judge won't let Terry Lakin defend himself because it might embarrass Barack Obama
AJPNews.com
Constitutional Watchdogs -> Helen Moore's Obama Watch - 'Say NO to Socialism!'
WorldNetDaily.com
Constitutional Watchdogs -> Helen Moore's Obama Watch - 'Say NO to Socialism!'
Judge to Lakin: Find another defense
Rules that officer challenging Obama's eligibility can't see evidenceWorldNetDaily.com
The Life and Liberty Report: Donate
Please do what you can today!
"This website needs your support!
Please mail a check today to:
The Life and Liberty Report
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Or, to donate online, click HERE.
"This website needs your support!
Please mail a check today to:
The Life and Liberty Report
PO Box 34
Lohrville, IA 51453
Or, to donate online, click HERE.
Wednesday, September 1, 2010
The Reagan Tax Cuts: Lessons for Tax Reform
AIPNews.com
Constitutional Watchdogs -> The Committee for Tax, Monetary & Spending Reform
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Larry M. Walker, Jr.
Constitutional Watchdogs -> The Committee for Tax, Monetary & Spending Reform
April 1996
The Reagan Tax Cuts: Lessons for Tax Reform
During the summer of 1981 the central focus of policy debate was on the Economic Recovery Tax Act (ERTA) of 1981, the Reagan tax cuts. The core of this proposal was a version of the Kemp-Roth bill providing a 25 percent across-the-board cut in personal marginal tax rates. By reducing marginal tax rates and improving economic incentives, ERTA would increase the flow of resources into production, boosting economic growth. Opponents used static revenue projections to argue that ERTA would be a giveaway to the rich because their tax payments would fall.
The criticism that the tax payments of the rich would fall under ERTA was based on a static conception of human behavior. As a 1982 JEC study pointed out,[1] similar across-the-board tax cuts had been implemented in the 1920s as the Mellon tax cuts, and in the 1960s as the Kennedy tax cuts. In both cases the reduction of high marginal tax rates actually increased tax payments by "the rich," also increasing their share of total individual income taxes paid. Unfortunately, estimates of ERTA by the Democrat-controlled CBO continued to show falling tax payment by upper income taxpayers, even after actual IRS data had become available showing a surge of income tax payments by affluent taxpayers.
Given the current interest in tax reform and tax relief, a review of the effects of the Reagan tax cuts on taxpayer behavior and tax burden provides useful information. During the 1980s ERTA had reduced personal tax rates by about 25 percent, while the Tax Reform Act of 1986 chopped them yet again.
Tax Rates and Tax Revenues
High marginal tax rates discourage work effort, saving, and investment, and promote tax avoidance and tax evasion. A reduction in high marginal tax rates would boost long term economic growth, and reduce the attractiveness of tax shelters and other forms of tax avoidance. The economic benefits of ERTA were summarized by President Clinton's Council of Economic Advisers in 1994: "It is undeniable that the sharp reduction in taxes in the early 1980s was a strong impetus to economic growth." Unfortunately, the Council could not bring itself to acknowledge the counterproductive effects high marginal tax rates can have upon taxpayer behavior and tax avoidance activities.
Since 1984 the JEC has provided factual information about the impact of the tax cuts of the 1980s. For example, for many years the JEC has published IRS data on federal tax payments of the top 1 percent, top 5 percent, top 10 percent, and other taxpayers. These data show that after the high marginal tax rates of 1981 were cut, tax payments and the share of the tax burden borne by the top 1 percent climbed sharply. For example, in 1981 the top 1 percent paid 17.6 percent of all personal income taxes, but by 1988 their share had jumped to 27.5 percent, a 10 percentage point increase. The graph below illustrates changes in the tax burden during this period.
The share of the income tax burden borne by the top 10 percent of taxpayers increased from 48.0 percent in 1981 to 57.2 percent in 1988. Meanwhile, the share of income taxes paid by the bottom 50 percent of taxpayers dropped from 7.5 percent in 1981 to 5.7 percent in 1988.
A middle class of taxpayers can be defined as those between the 50th percentile and the 95th percentile (those earning between $18,367 and $72,735 in 1988). Between 1981 and 1988, the income tax burden of the middle class declined from 57.5 percent in 1981 to 48.7 percent in 1988. This 8.8 percentage point decline in middle class tax burden is entirely accounted for by the increase borne by the top one percent.
Several conclusions follow from these data. First of all, reduction in high marginal tax rates can induce taxpayers to lessen their reliance on tax shelters and tax avoidance, and expose more of their income to taxation. The result in this case was a 51 percent increase in real tax payments by the top one percent. Meanwhile, the tax rate reduction reduced the tax payments of middle class and poor taxpayers. The net effect was a marked shift in the tax burden toward the top 1 percent amounting to about 10 percentage points. Lower top marginal tax rates had encouraged these taxpayers to generate more taxable income.
The 1993 Clinton tax increase appears to having the opposite effect on the willingness of wealthy taxpayers to expose income to taxation. According to IRS data, the income generated by the top one percent of income earners actually declined in 1993. This decline is especially significant since the retroactivity of the Clinton tax increase in that year limited the ability of taxpayers to deploy tax avoidance strategies, temporarily resulting in an increase in their tax burden. Moreover, according to the FY 1997 Clinton budget submission, individual income tax revenues as a share of GDP will be lower during the first four years of the Clinton tax increase, which include the effects of the 1990 tax increase, than under the last four years of the Reagan tax changes (FY 1986-89). Furthermore, according to a study published by the National Bureau for Economic Research,[2] the Clinton tax hike is failing to collect over 40 percent of the projected revenue increases.
Incidentally, the claim that unrealistic supply side Reagan Administration revenue projections caused large budget deficits during the 1980s is false. Nonetheless, this false allegation is often used against current tax reform proposals. The official Reagan revenue projections immediately following enactment of ERTA did not assume huge revenue increases, and were actually quite close to the CBO revenue projections. Even the Democrat-controlled CBO projected that deficits would fall after the enactment of the Reagan tax cuts. The real problem was a recession that neither CBO nor OMB could foresee. Even so, individual income tax revenues rose from $244 billion in 1980 to $446 billion in 1989.
Conclusion
The Reagan tax cuts, like similar measures enacted in the 1920s and 1960s, showed that reducing excessive tax rates stimulates growth, reduces tax avoidance, and can increase the amount and share of tax payments generated by the rich. High top tax rates can induce counterproductive behavior and suppress revenues, factors that are usually missed or understated in government static revenue analysis. Furthermore, the key assumption of static revenue analysis that economic growth is not affected by tax changes is disproved by the experience of previous tax reduction programs. There is little reason to expect static revenue analysis to evaluate the economic or distributional effects of current tax reform proposals much better than it evaluated the Reagan tax program 15 years ago.
Christopher FrenzeChief Economist to the Vice-Chairman
Endnotes:
1. Joint Economic Committee, The Mellon and Kennedy Tax Cuts: A Review and Analysis, 1982.
2. Feldstein, Martin and Daniel Feenberg, The Effect of Increased Tax Rates on Taxable Income and Economic Efficiency: A Preliminary Analysis of the 1993 Tax Rate Increases, NBER, 1995.
Source: http://www.house.gov/jec/fiscal/tx-grwth/reagtxct/reagtxct.htm
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Larry M. Walker, Jr.
Was Jesus a leader? - ALAN KEYES
AIPNews.com
Constitutional Watchdogs -> Alan Keyes is Loyal to Liberty
Read this important article here:
Constitutional Watchdogs -> Alan Keyes is Loyal to Liberty
Read this important article here:
Loyal to Liberty
Tuesday, August 31, 2010
America's Summit - Restore the Republic - Every Tuesday and Thursday - 9 pm Eastern [call info]
AIPNews.com
AIP is 'the Citizen-Led Campaign to Save America' -> 'America's Summit - Restore the Republic'
Every Tuesday and Thursday Night
AIP is 'the Citizen-Led Campaign to Save America' -> 'America's Summit - Restore the Republic'
Every Tuesday and Thursday Night
Sponsored by LifeandLibertyReport.com
Hosted by AIP Chairman Tom Hoefling
National Conference Call featuring AIP leaders, special guests, and principled, independent, conservatives from across the land
Email questions or comments to tomhoefling@gmail.com
The calls are live-streamed on the web at: www.blogtalkradio.com/AIP
The call-in number is:
………………..(218) 339-2222
and the conference ID is:
………………..340794#
The Tuesday and Thursday night calls begin at:
………………..9:00 p.m. Eastern
………………..8:00 p.m. Central
………………..7:00 p.m. Mountain
………………..6:00 p.m. Pacific
………………..5:00 p.m. AlaskaFour Israelis killed in shooting attack near Hebron
AIPNews.com
National Security, Foreign Policy Organizations -> 'The Peace through Strength Institute'
National Security, Foreign Policy Organizations -> 'The Peace through Strength Institute'
Two men and two women, one of whom was pregnant, killed in attack that occurred around 7:30 P.M. when gunmen opened fire on victims' car.
HaaretzRestrictions on prepaid mobile phones - how much liberty is at stake (IPI issue brief)?
AIPNews.com
Constitutional Watchdogs -> Resurrect the Tenth Amendment
From pdf at http://bit.ly/aQBROZ
Institute for Policy Innovation
Constitutional Watchdogs -> Resurrect the Tenth Amendment
From pdf at http://bit.ly/aQBROZ
Institute for Policy Innovation
Afghanistan bomb attacks kill twenty-one US soldiers in 48 hours
AIPNews.com
National Security, Foreign Policy Organizations -> 'The Peace through Strength Institute'
National Security, Foreign Policy Organizations -> 'The Peace through Strength Institute'
Twenty-one American troops have been killed in Afghanistan since Friday in one of the bloodiest periods of the summer.
telegraph.co.ukMonday, August 30, 2010
Sunday, August 29, 2010
A Meditation on Glenn Beck’s Divine Mission
AIPNews.com
Constitutional Watchdogs -> Alan Keyes is Loyal to Liberty
Read this important article at:
Constitutional Watchdogs -> Alan Keyes is Loyal to Liberty
Read this important article at:
LoyaltoLiberty.com
Don't let the wolves steal elections or kill the livestock [ID]
AIPNews.com
Idaho - Approved Independent Parties & Orgs -> America's Independent Party of Idaho
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"If there is no natural right, no natural family, no ways of God reflected in the nature of mankind, then there are no unalienable rights; no principle of justice that requires their security; no authoritative basis for the rightness of government based on consent; no claim to self-government, of, by and for the people." -- Alan Keyes, August 26, 2010
Idaho - Approved Independent Parties & Orgs -> America's Independent Party of Idaho
Brannon Hearing: Wolf extermation 4
August 29, 2010
Dear Friends,
Two things today.
First: Hearing for Jim Brannon Suit concerning the City of Coeur d’Alene Election last November.
(Remember that Jim Brannon lost by only 5 votes, and many voting irregularities have been discovered.)
What: Election Contest: Defendants motion to dismiss.
When: Tuesday, August 31st at 3:00 PM
Where: Kootenai County Courthouse; Courtroom 2
This hearing is very important. It is essential that this challenge not be dismissed and that this goes to trial. Please show up and support, not only Jim Brannon, but all those who believe in fair and honest elections. If you want a seat in the courtroom you will need to get there early.
Second: the continuing saga with wolves in Idaho. Excellent article by Rod Halvorsen of Benewah County Natural Resource Advisory Committee.
Would a rational person bring live rattlesnakes into his living room, or introduce dozens of them into his city? Wolves are no better. They may appear to be very majestic in nature, but in fact they are very deadly predators that are rapidly destroying, not only deer and elk in the west, but also even some livestock. Here is a quote from Halvorsen’s good article:
“The concerted efforts of state, county and Federal governments, stockmen’s associations and the general public in removing wolves starting in 1915 was instrumental in establishing stable and healthy game populations and a thriving livestock industry in Idaho. Such efforts must now be reintroduced and hopefully the Lolo action will be the first step in what will eventually be the eradication of wolves from Idaho. Wolves were not inadvertently, unintentionally or mistakenly eliminated from Idaho but were, rather, effectively extirpated at great cost and effort by residents, state and Federal agencies and private organizations as a response to the great damage wolves caused. The cost was worth the effort and the cost to extirpate the wolf will be considered wholly worthwhile if wolves are successfully eliminated from Idaho in the future.”
You can read the entire article here:
http://westinstenv.org/wildpeop/2010/08/29/lolo-wolf-reductions/
This is an old message, but still relevant.
http://cdapress.com/news/local_news/article_7dbf72ea-16b9-5b15-ab39-d9d1d9ea1b70.html
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"If there is no natural right, no natural family, no ways of God reflected in the nature of mankind, then there are no unalienable rights; no principle of justice that requires their security; no authoritative basis for the rightness of government based on consent; no claim to self-government, of, by and for the people." -- Alan Keyes, August 26, 2010
More on Obama's Amnesty for Illegals by Executive Fiat
AIPNews.com
National Security, Foreign Policy Organizations -> U.S. Border Security
Obama Wants Change to Allow Thousands of Illegals to Stay in US
newsmax.com
National Security, Foreign Policy Organizations -> U.S. Border Security
Obama Wants Change to Allow Thousands of Illegals to Stay in US
newsmax.com
The most significant threat to our national security is our debt (chairman, Joint Chiefs of Staff)
AIPNews.com
National Security, Foreign Policy Organizations -> 'The Peace through Strength Institute'
- excerpt from Phil's Stock World - http://bit.ly/cSY6wn
See also CNN interview story with Mullen:
http://www.cnn.com/2010/US/08/27/debt.security.mullen/
National Security, Foreign Policy Organizations -> 'The Peace through Strength Institute'
- excerpt from Phil's Stock World - http://bit.ly/cSY6wn
See also CNN interview story with Mullen:
http://www.cnn.com/2010/US/08/27/debt.security.mullen/
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