Thursday, April 15, 2010

Tax Day: TEA anyone?

IPCC failing grade

First the IPCC, the supposed gold standard of all things climate, got a grade from a band of citizen reviewers. Claiming that they only use "peer reviewed" literature, the citizens auditors found of 44 section in the report the IPCC earned 21 Fs, 4 chapters get a D, and 6 get a C. There are also 5 Bs and 8 As. Translated to a GPA, the IPCC 4 th report earns a 1.43 overall GPA.

You can read about it here:

Waxman backs off
In the meantime Henry, the brain, Waxman Chairman of the Energy and Commerce Committee has canceled a hearing intended to grill CEOs who took a charge against profits because of the health care reform bill.

It seems that Waxman finally found out what every else aready knew, that Federal Law requires companies to take write offs in the same quarter the law is changed.
Waxman and other Democrats had reacted with outrage and accused the companies of doing it - in essence, to make health care reform look bad. Instead they just made themselves look bad.

You can follow this story here:

Bad News for Barack
Just to show you how far the mighty have fallen a recent Rasmussen poll has President Obama neck and neck with Republican Representative Ron Paul. Ron who hold economic policies that were popular a bit over 100 years ago is at 41% in a mytical poll while President Obama collects 42% of the vote.

In the meantime in the generic Democrat vs the generic Republican, the Republican remain 9% ahead of the Democrats. The mood of America is not a good one if you have a donkey by your name.

Here's more:

Barack's promise
"If you make less than a quarter of a million dollars a year, you will not see a single dime of your taxes go up. If you make $200,000 a year or less, your taxes will go down."

Now that is change we can believe in, or is it? According to the Joint Committee on Taxation:

"Taxpayers earning less than $200,000 a year will pay roughly $3.9 billion more in taxes—in 2019 alone—due to healthcare reform." And this is just healthcare!!! It won't address the out of control deficit that Mr. Obama and his band of Merry spenders have put us in.

The American Enterprise Institute has released a 97-page report, Public Opinion on Taxes, 2010 -- "[t]he most comprehensive collection of polls ever compiled on the subject of taxes":

The 2010 Public Opinion Study on Taxes brings together up-to-date trends from major survey organizations and commentary on the tax burden, value for tax dollars, tax fairness, progressivity, taxes and the deficit, politicians' credibility on taxes, and finally, views of the Internal Revenue Service, and preparing taxes. The document includes a new section on President Barack Obama handling taxes and a new section on Obama, taxes, and the deficits.

Do you approve/disapprove of the way Barack Obama is handling taxes?

•Mar. 2009: 62% approve, 37% disapprove
Jan. 2010: 44% approve, 53% disapprove

Under the Obama administration do you think your taxes will go up or down, or do you think they will stay about the same?

•Jan. 2009: 35% go up, 13% go down, 50% stay the same
Jan. 2010: 59% go up, 5% go down, 35% stay the same

Finally, I invite you to take this week's poll. How many seats do you think the Democrats will lose this November? We need your opinion.

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