Rep Allen West Article for The Sun Sentinel – April 20, 2012

Obama tax proposal would wage war on U.S. economy

April 20, 2012|By Allen West

Photo by BBalaban2012

As a field artillery officer in the U.S. Army, I learned a thing or two about weaponry. Our success in Desert Storm and Desert Shield depended on choosing the correct artillery for each specific objective, whether it was halting the enemy’s forward progress, diminishing the strength of its forces, or completely destroying its capabilities.

Although he has never served his country in uniform, or risked his life to defend its freedoms and liberties on distant shores, President Obama seems to understand a thing or two about weaponry as well.

In the president’s case, the current weapon of choice is tax policy, and the “enemies” are small businesses, investors, entrepreneurs and corporations deemed “undesirable” — in short, the economic engines of our nation.

The president’s planned tax increases seem designed to demonize “the rich,” and use them as a propaganda tool to score political points. But the collateral damage of these policies will spread into the heartland of America. After all, the 160 percent increase in federal cigarette taxes put in place in 2009 certainly affects those earning far less than $250,000 — despite his promise not to raise their taxes.

The fact is, next year, unless changes are made in the tax code, Americans will be bombarded with the largest tax increase in the nation’s history, causing massive economic injury and destruction.

If the Bush tax rates are allowed to expire, the current tax brackets of 10 percent to 35 percent will rise to 15 percent to 39.6 percent. Other tax provisions scheduled to disappear that will hit “ordinary Americans” include the American Opportunity Tax Credit (up to $2,500 per student for qualified college costs), tax exclusion for forgiven mortgage debt, and tax credit for employer-provided child care.

Children of farmers and small business owners, who wish to continue the legacy of their parents, will find it increasingly difficult to do so, as the death tax exemption will shrink from $5 million to $1 million. Further, inherited assets exceeding that amount will be taxed at a maximum rate of 55 percent with a 5 percent surcharge on estates over $10 million.

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Rep Allen West Statement “If you decide that your future includes 4 more years of Barack Hussein Obama

by Congressman Allen West on Tuesday, April 17, 2012

Happy Tax Day America…and remember, if you decide that your future includes another four years of President Barack Hussein Obama, you will experience the largest tax increase in American history starting 1 January 2013.Tax Day is not just a day for requiring American citizens to cut their annual check to Uncle Sam; it is an opportunity to highlight a series of facts and figures to examine the merits of U.S. tax policy.  Given the recent increased discussion surrounding tax reform, this information can assist in determining the most prudent direction to pursue reform:

The Impact of the President’s “Buffett Rule” Proposal:

  • President’s proposed tax increase would require Americans making over $1 million per year to pay an effective tax rate of at least 30%. The President stated of the Buffett Rule “…if applied to our tax code, could raise enough money” to “stabilize our debt and deficits for the next decade…This is not politics; this is math.”
  • According to the Joint Committee on Taxation, the Buffett Rule would raise $47 billion over ten years.  The President’s budget calls for adding $6.7 trillion to the national debt.  The Buffett Rule would cover ½ of 1 percent of the President’s spending plan.
  • If the government collects the Buffett Rule tax for 250 years, it would not cover the Obama deficit for 2011 alone.
  • The Buffett rule would pay for 17 days of the President’s deficit spending over the next 10 years.
  • The House passed Republican budget lowers the debt 62 times more than the Buffett Rule.


The Complex, Inefficient, and Inequitable  Internal Revenue Code:

  • Americans are taxed too much and too often.  The average American employee will work 107 out of the 365 days per year to pay federal, state, and local taxes.  29.3% percent of their year is spent working for the government.
  • In 1955 there were 409,000 words in the entire tax code.  There are now 3.8 million words in the tax code.
  • There are at least 480 tax forms on the Internal Revenue Service (IRS) web site.  As a result of this complexity, it takes 300,000 trees each year to create and distribute all necessary tax forms.
  • To deal with such a convoluted code, the IRS employs 114,000 people.  That is double the amount of employees at the Central Intelligence Agency (CIA) and five time the amount of employees at the Federal Bureau of Investigation (FBI).
  • Americans have been working countless hours to comply with our nation’s burdensome tax code, 6.1 billion hours a year according to the National Taxpayer Advocate.


The Tax Code and American Competitiveness:

  • On April 1, 2012 the United States claimed the mantle of having the highest statutory corporate tax rate in the world at 39.2%.
  • According to the World Bank, there have been 133 major corporate tax cuts globally since 2006.  None of which were enacted by the U.S.
  • Of the 33 non-U.S. Organization of Economic Cooperative Development (OECD) countries, 28 cut their corporate rate during the past ten years while two had no change.
  • 2012 marks the 21st year in which the U.S. corporate tax rate has been above the average of OECD nations.

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Rep Allen West “Obama Visit Shows ‘Divide and Rule’ has replaced ‘Hope and Change”

Palm Beach County, FL – Today Congressman Allen West released the following statement in response to President Obama’s visit to South Florida: “Four years ago our President’s campaign of hope and change inspired and united millions Americans.  Listening to President Obama’s speech at Florida Atlantic University today, it is clear that ‘hope and change’ has been replaced with ‘divide and rule’.  President Obama’s only hope for re-election seems to be that Americans will overlook his failed economic policies if he can successfully divide people along the lines of income and wealth.

But the unfortunate reality is, even if the electoral fortunes of President Obama and Democrat congressional candidates improve by demonizing people and turning the American people against each other, cynical and divisive political strategy does nothing to create jobs for the 14 million unemployed Americans, it does nothing to alleviate soaring gas prices that pinch family budgets and prevent small businesses from hiring, and it does nothing to increase opportunity for all Americans, regardless of skin color, gender, age or income. I will continue to present a different vision for America.

I believe the greatness of America lies in the goodness of Americans and their individual pursuit of their hopes and dreams. History has shown that economic freedom improves the condition of all. Economic dependency only ensures mediocrity and suffering for all.   The best way we can create a bright future for all Americans is to get Washington politicians out of the way and out of the pockets of hardworking taxpayers, get our debt under control to provide long-term economic certainty, and ensure we enact energy and national security policies that allow Americans to work, invest, innovate and prosper.”

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