Lame Duck Dems Applaud Pelosi After Vote To Raise Taxes

One Week Closer to a Massive Tax Increase

Speaker Pelosi and her “lame-duck” Congressional Majority are showing “no signs of relenting” on their plan to impose a massive, job-killing tax hike on small businesses.  In an effort to impose these tax increases, they staged a symbolic vote on Thursday in the House.

In the meantime, uncertainty continues to grip families and small businesses which are hesitant to make critical investment and hiring decisions.  Many cash-strapped states are “in budget limbo.” 

Economists, including the authors of the so-called economic ‘stimulus’ bill, agree on the need to stop all the tax hikes:

The House voted 234-188 to pass legislation that would extend only some of the expiring Bush-era tax rates, sending the bill to the Senate. Twenty Democrats broke with their party and voted against the bill. 

Pelosi gaveled the vote to a close herself, "receiving applause" from Democratic members.

The bill extends only the cuts for the middle-class, letting tax breaks end for families earning more than $250,000 per year and individuals making more than $200,000. The higher rate includes millions indivudual business owners that file their tax returns as Chapter S and LLC Small Businesses. 

Every New Jersey Democrat Congressmen voted for the small business tax increase and both New Jerseys Democrat Senators are expected to vote for the measure.

At this point the proposal has virtually no chance to pass the Senate. It is sad that NJ small businesses have to rely on the heroic efforts of Senators from other States to save them and their businesses from the largest tax increase in US History while our own senators remain belligerent.    

Even after their sound defeat in last months election, the Democrats in the House and Senate continue to play politics with our economy. Read More

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New Jersey to Confiscate Unused Value Of Gift Cards

New Jersey recently amended its laws regarding unclaimed property to including stored value gift cards and gift certificates. Under the amended law, stored value cards issued on and after July 1, 2010 and those that were issued prior to July 1, 2010 and remain outstanding as of July 1, 2010 will be presumed abandoned after two years of inactivity.

Upon abandonment, the value remaining on the stored value card will escheat to the state.     

The amended law applies to “stored value cards,” which are pre-funded records evidencing a promise, made for monetary or other consideration, by the issuer that the owner of the card will be provided merchandise, services, or cash in the value of the card upon presentation and where the value of the card is reduced upon each redemption. The law expressly includes paper gift certificates, gift cards, electronic gift cards, store cards, other records that contain a means of storage of information (e.g., a magnetic strip or micro-chip), and other similar instruments.

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Union Member Advocates for End of Capitalism, Private Property Rights

Calling for civil unrest and the end to private property rights, Sharon Black of the Baltimore All-Peoples Congress, tried desperately to rouse communists and socialists everywhere at the Workers World Party’s annual conference on November 13th and 14th in New York City.

Black — whose name is a fitting one for her dark agenda — wants an end to capitalism and the United States of America and yearns for a return to the glory days of the Soviet Union. “Socialist ideology which reflects the highest level of working class of solidarity” Black said, “which points in the direction of eliminating all exploitation and emancipating humankind has been in retreat since the collapse of the Soviet Union.”



Remember this woman whenever you think about unions.
These anti-American types infest unions from top to bottom.
And they wonder why no one wants them.
Make No Mistake This Is What We Are Up Against
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Paycheck Fairness Act Fails In The Senate

On November 17, 2010, the Paycheck Fairness Act died in the U.S. Senate after failing the cloture vote to begin debate on the bill. The bill proposed amendments to the Equal Pay Act of 1963 (EPA) to require equal pay for women doing the same job as men. The first problem will the bill is who decides what is equal?

The Measure would have exposed companies to crippling employment litigation without adding significant benefit to workers. The first law signed by Obama "The Lilly Ledbetter Fair Pay Act" was billed as equal pay for women, so why do they need another law for the same thing. There are already various Laws covering the discrimination issue.

Moreover, the large majority of Business owners are proponents of "free market" principles.
The Paycheck Fairness Act is an unnecessary interference into free enterprise that adds to the cost of doing business.

There are a growing number of women that earn more than their spouses, and laws like the Paycheck Fairness Act are no longer necessary. There are also the unintended consequenses of such a regulation, that could result in a step backwards for women by adversely affecting a Businesses hiring practices.  

After the measure failed in the Senate, President Obama expressed disappointment, saying he was "deeply disappointed" that the bill did not pass. "This bill would ensure that American women and their families aren't bringing home smaller paychecks because of discrimination."  That is code for, I really wanted the Government to have the ability to act as a union. That is exactly what the bill would have resulted in, mandading wages regardless of performance or merit, ie: union.

Several advocates of the bill already have vowed to continue to pursue similar legislation in the near future.
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Food Safety Modernization Act Would Outlaw Gardening And Saving Seeds

Senate Bill S510, Food Safety Modernization Act Vote Imminent: Would Outlaw Gardening And Saving Seeds

Senate Bill 510, the Food Safety Modernization Act, has been called "the most dangerous bill in the history of the United States of America."  Now I don't think I would go that far with all that comes out of Washington these days. It would however grant the U.S. government new authority over the public's right to grow, trade and transport any foods.

This would give Big brother the power to regulate the tomato plants in your backyard. It would grant them the power to arrest and imprison people selling cucumbers at farmer's markets. It would criminalize the transporting of organic produce if you don't comply with the authoritarian rules of the federal government.

Learn more:



By
Joseph
Hovanec

This bill is a perfect example of good intentions gone awry. We have seen a myriad of examples of this over the years.  Most Legislation intended to fix a particular problem or issue that actually should be fixed gos to far. Lawmakers are never satisfied to simply write Legislation to solve a particular problem, they add other provisions that create more problems than they fix, and sometimes the original purpose of the law is never realized.  As is the case with the Health Care Law and the Employee Free Choice Act, this bill easily falls into that category of Legislation gone to far.

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Senate Again Blocks Repeal Of 1099 Tax-Filing Requirement

Filing Requirement Will Be Paperwork Nightmare For Businesses

The Senate last night failed to repeal the 1099 provision buried deep in the health care law H.R.3590. Both Democrats and Republicans agreed it needed to be repealed to prevent businesses from being saddled with undue tax paperwork.

Caught in a dispute over how to eliminate the provision, the Senate twice was unable to reach an agreed-upon threshold of 67 votes to eliminate it. A Democratic plan to overturn it attracted only 44 votes in support with 53 against; a Republican plan that would have paid for the repeal by cutting other expenditures failed by a vote of 61 to 35.

Under the provision, businesses that spend a cumulative $600 or more with a vendor annually, supplier or contractor would have to file a 1099 form with the IRS identifying the recipient of the money. Many Democrats who supported the filing requirement now acknowledge that it would create a paperwork nightmare. Both parties now say that the provision would put a burden on companies and would require an expansion of the IRS to track the added paperwork.

The provision survived because of the complex politics of the Senate. Some lawmakers were reluctant to back repeal on Monday since the rule change would have been added to a popular food-safety law that is nearing approval, potentially jeopardizing its passage.

Senator Mike Johanns, Republican of Nebraska, said his proposal lifted the provision, without adding to the deficit  “If we can’t solve this problem and pay for it, how do we ever solve the multitrillion-dollar deficit that this country is facing?”

Republicans said the fight over the 1099 requirement was just the first to come in their efforts to unravel the health law. “We are going to do it a little bit at a time until we can repeal the whole thing and start all over,” said Senator Kay Bailey Hutchison, Republican of Texas, in urging repeal of the provision. 

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N.J. Democrats Offer Alternate Plan To Spur Job Market

Senate President Stephen Sweeney
& Assembly Speaker Sheila Oliver

Its not that the NJ Democrats have put forth their own plan that is amazing. They have shown themselves to be incapable of just voting on the solutions that Republican Lawmakers or the Governor put on the table. They insist on only considering their own inferior ideas or a watered down version of the ideas of others. Hows that working out for everyone so far? 

What should amaze every reader is the notion that all of a sudden New Jersey's Democrat Lawmakers have the jobs issue all figured out. They must have a lot of confidence in their ideas, since they have stated that they will be working the jobs issue through January.

Their self imposed time frame poses some questions. Do they have some magic formula that they expect to implement in two months that will work? If they have that magic and evidently secret formula, why have they waited until now to address it. Where have they been for the last 2 years?  I remember now they were raising taxes and expanding prevailing wage requirements into private sector that has so far resulted in canceled projects and higher unemployment. Way to go!! 

In a veiled attempt to move away from their fight with Gov. Chris Christie over property tax reform, Democratic leaders unveiled a set of proposals they say will spark the job market and provide crucial training for unemployed New Jerseyans. The 30-bill package includes overhauling the corporate business tax, providing breaks for small business owners and creating a program in which residents of the receive training for six weeks, up to 24 hours a week. The truth will be in the details.

Senate President Stephen Sweeney (D-Gloucester) and Assembly Speaker Sheila Oliver (D-Essex) promised a "flurry" of committee meetings in December to clear the legislation for votes by the full chambers in January. Many of the bills have already been filed, Sweeney said, and additional pieces will complete the package. "We have to invest money in order to expand business opportunity in this state," Oliver said. Read More 

That's their solution? Throw money at the problem.....that should work !!!

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