Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts

Friday, 30 December 2011

Tax Group Slams Kim Kardashian For Not Paying Enough Taxes But Is Obama Listening

...Because They Are Right

Barack Obama

It seems everybody hates Kim Kardashian, a pun on the title of the show "Everybody Hates Chris." The Courage Campaign, complaining of the shortfalls in California's coffers, has slammed Kardashian for paying a 10.3% tax rate on $12,000,000 in income for the year 2010.

Kardashian made even more money this year with her sham of a wedding to Kris Humphries, which was done solely for a paycheck and more fame, but it all backfired, resulting in bad publicity and bridal registry gifts she refused to return. However, she still received a reported $20,000,000 from the fake wedding, which she will pay very little taxes on.

The Judiciary Report does agree that the rich in America should not pay so little taxes, especially in the current negative financial environment, as it is holding back the economy. Some of the most wealthy people in America did the nation the most damage, resulting in the ongoing, horrible financial crisis.

Kim Kardashian

I was born in Jamaica, lived there the first 8-years of my life, always kept in contact with my roots in the Caribbean, some of which stems from the British system and when there is an issue of economic imbalance and financial discord, the commonwealth employed a small tax hike, mainly on the rich, which went a long way in remedying the monetary problems of said nations.

Even former U.S. President Bill Clinton instituted tax hikes in America in the 1990s to great results. Therefore, I don't understand why some are acting like it is an insane, novel concept that has never worked. President Obama did not embrace higher taxes for the rich immediately upon taking office, as the Judiciary Report has advocated for years and it has cost him and America plenty.

Instead Obama gave the rich more money via stimulus funds, with much of that taxpayer money ending up being wasted, stolen and misappropriated. A significant amount of those funds are sitting in the Caribbean and Europe in hidden accounts. Now Obama is scrambling to save the economy, when new reports this month indicate the jobless numbers have risen again, as have foreclosures with mere months until the next election.

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Wednesday, 14 December 2011

Obama Spending Cuts Have Come Too Late In His Presidency

The Problem With Procrastination

Barack Obama

On Wednesday, November 9, 2011, U.S. President Barack Obama signed a measure to cut costs in the government, bypassing Congress in doing so. It was ushered in by a televised press conference. However, the Judiciary Report would like to point out, for the past 3 years, the site has done articles illustrating the need for the government to make budget cuts (even in the area of travel, as Obama went on to state on Wednesday, November 9, 2011).

President Obama should not have waited three years, when over $200 billion dollars could have been saved already, had he implemented cuts of this kind, when he took office. However, he went into office with the wrong mindset - spend, spend, spend - when it should have been cut, cut, cut.

President Obama

Whether one is working with a big or small budget, with deficits or surpluses, one should always have the mindset of conservation. It’s a good and positive way to stay ahead in government, by using sound judgment and thrift. The words government and luxury should never go hand in hand. Public service entails sacrifice. It should never be accompanied by the trappings of wealth on the taxpayers dime.

PREVIOUS ARTICLES ABOUT CUTTING THE BUDGET AND TAMING WILD GOVERNMENT SPENDING

How George W. Bush Destroyed The US Economy

Obama Calls For Job Summit

Nancy Pelosi Speaks About STDs

Artificial Growth

Artificial Growth - Part 2

The FBI Needs To Learn To Prioritize

The Benefits Of Government Cost Cutting

President Barack Obama Being Blamed For The Enormous Failure Of The Debt Supercommittee

Economists Forecast Obama Will Not Fix The U.S. Economy By The 2012 Election

Poll States Americans Are Very Dissatisfied With Obama's Handling Of The U.S. Economy

Tide Turns Against Obama As 70% Of Americans Blame Him For The Poor Economy

Statistics Brand Barack Obama The Worst Job Creation President Since The Great Depression

Movement Among Democrats To Find Challenger To Run Against President Obama In 2012

Gallup Poll: Any Republican Would Beat Obama If The Presidential Election Was Held TodayObama's Poll Numbers Implode Into Disaster

When It Comes To Debt The Obama Administration Has The Mindset Of Gamblers

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America's National Deficit Increased An Unprecedented 35% Under President Obama

A Majority Of Americans Feel They Were Better Off Before President Obama

Officials Officially Pronounce Obama's Stimulus A Massive Failure That Added Billions To The National Debt

STORY SOURCE

Obama orders agency spending cuts on travel, technology and swag

Posted at 06:00 AM ET, 11/09/2011 - President Obama is ordering steep spending cuts that will mean less travel for federal employees and strict limitations on government-issued computers, printers, vehicles — and even office swag.

The White House said Obama will sign an executive order Wednesday requiring federal agencies to make 20 percent spending cuts on travel, equipment and technology, a move that should save billions of dollars annually, according to a senior administration official familiar with the plans.

Wednesday’s order is another step in the White House’s goal of identifying bite-sized initiatives that don’t require congressional approval and demonstrate unilateral actions taken by Obama to jumpstart the economy and curtail federal spending. It is also part of the administration’s ongoing Campaign to Cut Waste launched over the summer during the contentious debt negotiations to demonstrate the administration’s willingness to make spending cuts...

http://www.washingtonpost.com