We, the Des Moines Tea Party (DMTP) would like to address the current events and try to educate and provide clarity on the issues. DMPT’s main goal is and has always been to educate citizens so they can make informed decisions on the manner and direction in which our county is led.
1. We don’t “occupy” Wall Street because we believe in free markets and letting the free market economy work because we believe in the right to choose which products and services we consume and the volume at which we obtain them.
2. We don’t “occupy” re-distribution of wealth, rather we advocate for personal responsibility that works through adversity.
3. We don’t “occupy” vague and abstract demands; we set forth clearly defined goals that will restore liberty to a free America. The Des Moines Tea Party supports the Constitution a responsible rate of taxation.
4. We don’t “occupy” the First Amendment; we work to see that everyone has the right to freely assemble, worship in their own way, and to petition their government, because the Des Moines Tea Party does not cost the city over $2 million towards law enforcements costs to hold a protest as occurred in New York.
5. We don’t “occupy” the Tenth Amendment; we support a State’s right to tell the Federal Government NO, because it is fundamental in sustaining our freedom.
6. We don’t “occupy” the Department of the Treasury, we work to lower the taxes of working citizens, because you should keep more of your money.
7. We don’t “occupy” being secretly funded by special interests; rather “we the people” fund the Tea Party movement -- because that’s the true American way.
8. We don’t “occupy” waste in government; rather we advocate that government be a good steward of citizen’s hard-earned tax dollars, through initiatives like Strong America Now.
9. We don’t “occupy” a claim to be 99%, we understand that Americans have diverse opinions and a majority supports everyone’s right to make their own decisions -- because that’s the American way. We also understand that the wealthy in this country do pay the largest percentage of the tax revenue each year (by a landslide) :
· The top 1% pay 22.7% of taxes.
· The top 10% pay 50% of taxes.
· The top 20% pay 65.3% of taxes.
· The top 40% pay 84.3% of taxes.
10. We don’t “occupy” indoctrinating America’s youth with socialist views, rather we feverishly support education on the Constitution and historical truth.
The Pledge of Allegiance was first published for Columbus Day, on September 8, 1892, in the Boston magazine The Youth's Companion. It was written by a member of the magazine's staff, Francis Bellamy. The publication of the Pledge, and its wide redistribution to schools in pamphlet form later that year lead to a recitation by millions of school children, starting a tradition that continues today.
The original text is: "I pledge of allegiance to my flag and the Republic for which it stands - One nation indivisible - with liberty and justice for all."
Several minor changes to the text, including changing "my flag" to "to the Flag of the United States of America," were made over time, some "official" and some less so.
In its 1940 Gobitis decision (310 US 586), the Supreme Court ruled that schools can compel students to recite the Pledge. The U.S. Congress recognized the Pledge officially in 1942, and in 1954 added the phrase "under God" to the text. In 1943, the Supreme Court overturned Gobitis and ruled in its Barnette decision (319 US 624) that school children could not be forced to recite the Pledge as a part of their school day routine.
Today, the wording of the Pledge of Allegiance is set in the US Code, at 4 USC 4. The text of that section is below.
If you would like more information on the U.S. flag, I suggest that you visit USFlag.org, an excellent site with lots of resources concerning the flag and its evolution.
The Pledge of Allegiance to the Flag, "I pledge allegiance to the Flag of the United States of America, and to the Republic for which it stands, one Nation under God, indivisible, with liberty and justice for all.", should be rendered by standing at attention facing the flag with the right hand over the heart. When not in uniform men should remove their headdress with their right hand and hold it at the left shoulder, the hand being over the heart. Persons in uniform should remain silent, face the flag, and render the military salute.
Remember when OBAMA said anyone making under $250,000 would not see one cent tax raise?
In just two months, , the largest tax hikes in the history of America will take effect.
They will hit families and small businesses in three great waves.
On , here’s what happens... (read it to the end, so you see all three waves)...
of 2001 and 2003 Tax Relief
In 2001 and 2003, the GOP Congress enacted several tax cuts for investors, , and families.
These will all expire on January 1, 2011.
The top will rise from 35 to 39.6 percent (this is also the rate at which two-thirds of small business profits are taxed).
The lowest rate will rise from 10 to 15 percent.
All the rates in between will also rise.
and will again phase out, which has the same mathematical effect as higher .
The full list of marginal rate hikes is below:
The 10% bracket rises to an expanded 15%
The 25% bracket rises to 28%
The 28% bracket rises to 31%
The 33% bracket rises to 36%
The 35% bracket rises to 39.6%
Higher taxes on marriage and family.
The " " (narrower tax brackets for married couples) will return from the first dollar of income.
The child tax credit will be cut in half from $1000 to $500 per child.
The standard deduction will no longer be doubled for married couples relative to the single level.
The dependent care and adoption tax credits will be cut.
The return of the Death Tax.
This year only, there is no death tax. (It’s a quirk!) For those dying on or after , 2011, there is a 55 percent
top death tax rate on estates over $1 million. A person leaving behind two homes, a business, a retirement account, could easily pass along a death tax bill to their loved ones. Think of the farmers who don’t make much money, but their land, which they purchased years ago with after-tax dollars, is now worth a lot of money. Their children will have to sell the farm, which may be their livelihood, just to pay the estate tax if they don’t have the cash sitting around to pay the tax. Think about your own family’s assets. Maybe your family owns real estate, or a business that doesn’t make much money, but the building and equipment are worth $1 million. Upon their death, you can inherit the $1 million business tax free, but if they own a home, stock, cash worth $500K on top of the $1 million business, then you will owe the government $275,000 cash! That’s 55% of the value of the assets over $1 million! Do you have that kind of cash sitting around waiting to pay the estate tax?
Higher tax rates on savers and investors.
The will rise from 15 percent this year to 20 percent in 2011.
The will rise from 15 percent this year to 39.6 percent in 2011.
These rates will rise another 3.8 percent in 2013.
There are over twenty new or higher taxes in Obamacare. Several will first go into effect on January 1, 2011. They include:
The "Medicine Cabinet Tax"
Thanks to Obamacare, Americans will no longer be able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin).
The "Special Needs Kids Tax"
This provision of Obamacare imposes a cap on (FSAs) of $2500 (Currently, there is no federal government limit). There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children.
There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education.
Tuition rates at one leading school that teaches special needs children inWashington , D.C. ( National Child Research Center ) can easily exceed $14,000 per year.
Under tax rules, FSA dollars can not be used to pay for this type of specialneeds education.
The HSA (Health Savings Account) Withdrawal Tax Hike.
This provision of Obamacare increases the additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent.
The Alternative Minimum Tax (AMT) and Employer Tax Hikes
When Americans prepare to file their tax returns in , they'll be in for a nasty surprise-the AMT won't be held harmless, and many tax relief provisions will have expired.
The major items include:
The AMT will ensnare over 28 million families, up from 4 million last year.
According to the left-leaning , Congress' failure to index the AMT will lead to an explosion of AMT taxpaying families-rising from 4 million last year to 28.5 million. These families will have to calculate their tax burdens twice, and pay taxes at the higher level. The AMT was created in 1969 to ensnare a handful of taxpayers.
expensing will be slashed and 50% expensing will disappear.
Small businesses can normally expense (rather than slowly-deduct, or"depreciate") equipment purchases up to $250,000.
This will be cut all the way down to $25,000. Larger businesses can currentlyexpense half of their purchases of equipment.
In January of 2011, all of it will have to be "depreciated."
Taxes will be raised on all types of businesses.
There are literally scores of tax hikes on business that will take place. The biggest is the loss of the "research and experimentation tax credit," but there are many, many others. Combining high marginal tax rates with the loss of this tax relief will cost jobs.
Tax Benefits for Education and Teaching Reduced.
The deduction for tuition and fees will not be available.
Tax credits for education will be limited.
Teachers will no longer be able to deduct classroom expenses.
will be cut.
Employer-provided educational assistance is curtailed.
The student loan interest deduction will be disallowed for hundreds of thousands of families.
Charitable Contributions from IRAs no longer allowed.
Under current law, a retired person with an IRA can contribute up to $100,000 per year directly to a charity from their IRA.
This contribution also counts toward an annual " ." This ability will no longer be there.
PDF Version Read more: <http://www.atr.org/six-months-untilbr-largest-tax-hikes-a5171%3E;; http://www.atr.org/six-months-untilbr-largest-tax-hikes-a5171#%23ixzz0sY8waPq1
And worse yet?
Now, your insurance will be INCOME on your W2's!
One of the surprises we'll find come next year, is what follows - - a little"surprise" that 99% of us had no idea was included in the "new and improved" healthcare legislation . . . the dupes, er, dopes, who backed this administration will be astonished!
Starting in 2011, your W-2 tax form sent by your employer will be increased to show the value of whatever health insurance you are given by the company. It does not matter if that's a private concern or governmental body of some sort.
If you're retired? So what... your gross will go up by the amount of insurance you get.
You will be required to pay taxes on a large sum of money that you have never seen. Take your tax form you just finished and see what $15,000 or $20,000 additional gross does to your tax debt. That's what you'll pay next year.
For many, it also puts you into a new higher bracket so it's even worse.
This is how the government is going to buy insurance for the15% that don't have insurance and it's only part of the tax increases.
Not believing this??? Here is a research of the summaries.....
On page 25 of 29: TITLE IX REVENUE PROVISIONS- SUBTITLE A: REVENUE OFFSET PROVISIONS-(sec. 9001,
as modified by sec. 10901) Sec.9002 "requires employers to include in the W-2 form of each employee the aggregate cost of applicable employer sponsored group health coverage that is excludable from the employees gross income."
- Joan Pryde is the senior tax editor for the .
- Go to Kiplingers and read about 13 tax changes that could affect you. Number 3 is what is above.
State Auditor David Vaudt's January 2011 Budget Presntation
Last year, Glenn Beck recommended several books. One of those books was The 5000 Year Leap. There is a new website that was also promoted on the Glenn Beck show called the www.theforgottenman.org. The following link will take you to the website where you can download a copy of a study guide in PDF form that they have created to coincide with the book. It is very useful in expanding on the principles the book teaches as well as gives ideas for discussion topics in your local book groups.
To purchase your copy of The 5000 Year Leap from Amazon.com click here