The Many Costs Of Obama’s Executive Amnesty BY PHYLLIS SCHLAFLY

Seeing as the costs will come due only after President Obama has left the White House, I guess he doesn’t care how high those costs are. But the costs are horrendous, as just added up by our country’s foremost authority on such things, Robert Rector of the Heritage Foundation.

Rector told the House Oversight and Government Reform Committee last week that the lifetime costs of Social Security and Medicare benefits paid to the millions of immigrants to whom Obama is granting legal status will be about $1.3 trillion.

Rector’s calculation is based on his assumption that at least 3.97 million immigrants will receive legal status under Deferred Action for Parents of Americans and Lawful Permanent Residents, and the average DAPA beneficiary has only a 10th-grade education.

DAPA recipients, according to Rector’s calculations, will receive $7.8 billion every year once they get access to the refundable earned income tax credit and the refundable additional child tax credit. Those EITC and ACTC recipients will also be allowed to claim credit for three years of illegal work, which will sock U.S. taxpayers for another $23.5 billion.

This was confirmed by IRS Commissioner John Koskinen, who told Congress on Feb. 11 that immigrants who didn’t pay any taxes or who used fake Social Security numbers will nevertheless be able to claim back refunds under EITC once they get new Social Security numbers under Obama’s amnesty.

Koskinen said that he doesn’t know how much these tax refunds will cost and that the White House never checked with him before announcing the amnesty.

The average DAPA-eligible family already receives about $6,600 a year in means-tested welfare benefits. That includes food stamps, school lunch (and breakfast), Medicaid, the State Children’s Health Insurance Program and the Special Supplemental Nutrition Program for Women, Infants and Children.

Many Americans labor under the false assumption that because most immigrants are hardworking, they do not depend on welfare assistance. In fact, as Rector patiently explains, most welfare benefits go to households with children headed by a low-income employed adult.

Rector estimates that the combined cost of means-tested welfare benefits the immigrants who came here illegally now receive, plus other goodies such as EITC and ACTC cash, will encourage increased illegal immigration in the future.

The average American, whose children and grandchildren will end up burdened with this enormous debt, must ask whether someone is trying to destroy America.

The Government Accountability Office has already reported that even the debate over legalizing the presence of certain immigrants was “a primary cause” of last summer’s surge of Central Americans crashing our southern border. Even if those teenagers were not eligible for asylum or legal status when they arrived, they knew that deportations could take years, giving them the chance to disappear into the shadows.

Look at California for a preview of our future under Obama’s immigration plan. The Hispanic population is now almost equal to the white population, and almost 50% of babies born in California are Hispanic.

Read More At Investor’s Business Daily:

Lost and Found – The IRS Email Scandal is BACK!! By Craig Andresen

Remember when Lois Lerner claimed that more than 2 years’ worth of her IRS emails had been lost because her hard drive crashed?

Of course you do.

Remember when it was reported that 6 MORE IRS employees, in Lerner’s division, couldn’t access THEIR emails because…THEIR hard drives had ALSO crashed?

Remember when we were all told that there had been NO electronic backup of ANY of those emails?

Sure you do.

Remember when we discovered that all IRS emails are backed up on TAPE and that unfortunately, while YOU and I have to keep YEARS worth of OUR records should the IRS demand to see them…the IRS itself only holds onto their backup tapes for a scant 6 months?

Yeah…you remember.

Remember when the IRS Commissioner sat before the House Oversight Committee and told us all that those emails were unrecoverable?

Remember when Congressman Paul Ryan said THIS to IRS Commissioner John Koskinen’s face?

“You are the Internal Revenue Service. You can reach into the lives of hardworking ema 2taxpayers, and with a phone call, an email or a letter, you can turn their lives upside down. You ask taxpayers to hand over seven years of their personal tax information in case they’re ever audited, and you can’t keep six months’ worth of employee emails?”

“I don’t believe you!”

Remember when Koskinen responded that his agency had done everything they could to recover those missing emails and that he owed neither the American people nor the Oversight Committee an apology and then sat there with that smirk on his face and told Ryan and the rest of the Members of the Oversight Committee… “I did not come out of retirement to run an agency that wasn’t transparent.”

Remember when Congressman Elijah Cummings, who was the ranking democrat on the House Committee investigating the targeting scandal was discovered to have been on the receiving end of inside information related to the IRS targeting of Conservatives groups…WHILE IT WAS TAKING PLACE…supplied to his staff by none other than Lois Lerner herself???

Remember when Bill O’Reilly asked Obama whether there “was corruption or mass corruption” taking place at the IRS? That was just barely a year ago and do you remember what Obama said in response?

“Not even mass corruption not even a smidgen of corruption.”

Not even a SMIDGEM…NOT EVEN A SMIDGEN…of corruption. Not…even…a…smidgen.

I remember it ALL far too well and I suspect…so too do you.

And then, last week, 32,000 of those missing Lois Lerner emails…emails from between 2010 and 2012…relegated to backup tapes that are supposedly kept by the IRS for only 6 months AND HAD BEEN, WE WERE TOLD, DESTROYED.…were recovered.

Was it some new-fangled technique that was employed to resurrect those emails? Was it a miracle? Was it some top secret spy agency magic that was able to recover those emails from the recesses of long ago erased tapes through the use of some double top secret forensic analysis?

No…

Those emails that we were told had been lost for all time…like the Library of Alexandria…were simply handed over by the IT people at the IRS to the Inspector General because…nobody had ever asked for them before.

That’s correct…until the Inspector General went to the IT people and ASKED about those tapes…NOBODY had asked for them. Not Lois Lerner. Not Commissioner John Koskinen. Nobody at the IRS…not one person amid the swirling scandal…amid the allegations of cover up…amid the Oversight Committee hearings…not one single person in the entirety of the Obama regime…not one person had ever gone to the very people whose job it is to watch over every computer-related happening at the IRS and asked for those tapes.

But it is far, FAR worse than a simple failing to ask for the tapes.

We now know that Eric Holder’s Department of Justice actually SHUT DOWN the search for the missing emails.

Read more at The National Patriot and Right Side Patriots

Obama’s Crossing the Rubicon by the Bear

The Rubicon was a stream separating Cisalpine Gaul from Italy. When Julius Caesar led his troops from Gaul to the Rubicon, Caesar paused on the northern end of a bridge debating whether to cross or not. It would be a crime against Rome for proconsul Caesar to bring his troops in from the province, but if he didn’t, he would be stripped of command and prosecuted. Although he hesitated, Caesar did cross the Rubicon (although we are not sure exactly where), in January 49 B.C., thereby starting a “civil war.”

To cross the Rubicon means to take an irrevocable step that commits one to a specific course. When Caesar was about to cross he quoted from a play by Menander to say “let the die be cast.” Or to put simply Crossing the Rubicon is a phrase that means passing a point of no return.

There comes a point in History where Kings, Queens and Emperors get so infatuated with power that they believe they are infallible.

In America since the beginning we have elected Presidents, we DO NOT have Kings, Queens or Emperors, although we have a President who believes, he alone is the law.

Obama King

Our system of government is based on the “Rule of Law” as set forth in the Constitution of the United States

ARTICLE I Section 8. Clause 1. of the Constitution clearly states:

The Congress shall have Power to lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States.

Well, our faux King is contemplating increasing taxes by Executive Order…AND I HOPE HE DOES IT! NO! I haven’t lost my mind, because once King Obama crosses the tax ‘Rubicon’ there is no turning back. He has ignored the system of “checks and balances” by making laws via Executive Orders and he has continually overstepped his authority under the Constitution.

This I believe will be the final nail in his Impeachment coffin and I am sure that most of the American people will understand that we are not a ‘Banana Republic’ and the Rule of Law must be upheld. Even the liberal left cannot defend this abuse of power.

Let the Impeachment hearings begin!

It’s Time to Kill This Tax (Entirely) by Stephen Moore

If there were ever a right time to eliminate the estate tax in America, it is right now.

The latest tax collection data make an overwhelmingly persuasive case for abolishing the most immoral and counterproductive of all federal taxes.

Here is what the latest IRS numbers tell us: In 2013, the estate tax raised $12.7 billion. And estate tax revenue is falling, not rising. In 2001 the tax collected nearly twice as much money as 2013 ($23.5 billion).

This $12.7 billion raised was out of about $2.8 trillion in total federal revenue in 2013. In other words, a trivial 0.46 percent of federal tax receipts now comes from estates.

Its impact on the federal deficit is minimal. If we got rid of the estate tax altogether, the feds, at worst, would still collect more than 99 percent of all federal revenue.

Why does the tax raise such a pittance, compared with income taxes, business taxes, even customs duties? It’s partly because the exemption level was raised to $5 million, indexed for inflation (rising to $5.43 million this year) as part of the tax deal in 2012.

The tax rate was also cut to 40 percent from 55 percent. But the other factor that appears to be driving lower collections is that wealthy Americans are getting savvier in avoiding the tax.

Which brings us to the stupendous inefficiency of the tax. In 2013, only 4,687 estates paid any estate tax. This was about one-fifth of a percentage point of all deaths that year. Yet nearly every medium-sized estate has to waste time and money filling out catalogs of tax forms.

The joke in legal circles today is that we have an estate tax not to raise money, but to keep thousands of accountants and lawyers in jobs.

The common objection screamed from the rooftops to eliminating this tax is: tax cuts for rich trust fund babies.

Actually, no. Most of the billionaire households—Gates, Buffett, Rockefeller, etc.—will pay almost no estate tax. In the case of Bill Gates and Warren Buffett, billions of dollars of their wealth is sheltered from the IRS through the creation of tax-exempt entities like the Gates Foundation.

In many cases, the income parked there will never be taxed, neither while they are alive nor after they are dead—thanks to this mother of all tax shelters.

Dick Patten, who runs a coalition of family business owners dedicated to ending the death tax, reminds me that the third plank of Karl Marx’s and Friedrich Engels’ “The Communist Manifesto” was to abolish all rights of inheritance.

“With a 100 percent inheritance tax, the government eventually owns everything. That’s the point, right?” And with an effective federal 57 percent inheritance tax, as President Obama has proposed, the government, in some cases, owns more than half.

This is all so economically self-defeating. Nobel laureate economist Joseph Stiglitz, who served as chairman on Bill Clinton’s Council of Economic Advisors, once found in a research paper that the estate tax may increase inequality by reducing savings and driving up returns on capital.

Former Clinton Treasury Secretary and Obama economic adviser Larry Summers co-authored a 1981 study finding that the estate tax reduces capital formation. And a 2012 study by the Joint Economic Committee’s Republicans showed that the estate tax, since its inception nearly a century ago, has reduced the capital stock by approximately $1.1 trillion.

The major propeller of growth in a nation is that one generation after another leaves wealth to the next. This makes societies richer over time as trillions of dollars of wealth are passed to children and grandchildren.

The higher the estate tax rate, the less the incentive for wealth creation in the first place. The incentive is to die broke—in which case future generations get nothing, but the government gets shut out, too. This is called a lose-lose for everyone.

Amazingly, many socialist or former communist nations, like Sweden and Russia, have eliminated their death taxes. They found the tax to be economically counterproductive. America should do the same—at almost no cost to the Treasury, according to the new revenue numbers, and maybe even a big gain.

Source: The Daily Signal

Originally published in the Orange County Register.

Obama ‘Tax Relief Plan’ Gives Little Relief to Families, Business Owners by Dotty Young

During his 2015 State of the Union address in late January, President Obama announced a proposal to increase taxes by $320 billion, offsetting tax relief measures he says are targeted at middle-class Americans.

However, according to Americans for Tax Reform Policy Director Ryan Ellis, the proposals, which will be formalized in February, will not bring much “relief.”

By Any Other Name

“Much of what they would term as ‘tax relief’ takes the form of expanding the Earned Income Tax Credit, and expanding the Additional Child Tax Credit. When you do that, almost by definition, you’re not engaging in tax relief anymore, because those people now don’t have a tax liability,” Ellis said.” What you’re engaging in is outlays, which is another way of saying ‘spending’—and that’s the way it’s going to be scored.”

“I would not be surprised, at all—once we have the hard numbers, so we can verify it and give it a good, honest look—if it ends up being a net tax increase,” he said.

‘Second Death Tax’

Ellis said Obama’s proposed change to the federal estate tax amounts to “trying to have his cake and eat it too.”

“Let’s say you have somebody who buys a piece of property for $10,000, and it grows to be a $1 million property, and then he dies,” Ellis said. Well, what do you do with all that wealth he gained? He never sold the property, he died owning it, right?”

“Under the president’s proposal, instead of the basis of the property being the $1 million it was worth on the day his dad died, the basis is the $10,000 it was when his dad bought it. So, if he sells it for $1 million when his dad dies, he has to pay the capital gains tax on that gain,” he said.

“The death tax is intended to capture unrealized capital gains. It’s like a backstop to the capital gains tax, to put a policy rationale behind it. This is a second, redundant death tax. It’s a second death tax that uses the capital gains tax,” Ellis concluded.

Jumpstart the Middle Class

Offering an alternative to the president’s package of tax hikes, Ellis suggested a simple way the president could jumpstart middle-class economic growth.

“Using the tax system, he could easily allow all businesses to fully expense the cost of their investments, in the first year,” he said. “The tax code—if you’re a business—doesn’t allow you to simply write off the cost of that computer in the year you bought it. You have to do what’s called depreciation, it’s like a slow deduction over—in the case of a computer—5 years.”

Allowing businesses to engage in “bonus depreciation,” Ellis said, “would really, really encourage businesses to invest in new equipment, which is—as we’ve found over many decades now, when we’ve done this from time to time in the tax code—really good at encouraging productivity growth.

“Productivity growth is, ultimately, the source of higher wages and standards of living,” he said.

Dotty Young (dottyjyoung@yahoo.com) writes from Ashland, Ohio.

Source: Heartland Institute

Internet Info:

“Does the Estate Tax Raise Revenue,” B. Douglas Bernheim, http://www.heartland.org/policy-documents/does-estate-tax-raise-revenue/