Taxpayers forced to pay over $500 million for abortions

According to a report published by the Susan B. Anthony foundation, public records show that the Planned Parenthood organization performed a record 333,964 abortions in 2011 and received a whopping $542 million in taxpayer funding, which includes grants and Medicaid reimbursements.

Women should be allowed to run their lives as they see fit, but taxpayers should not be forced to fund the act of killing unborn babies.  Over a three year period, Planned Parenthood has performed almost a million abortions, largely financed by the American taxpayer.  Although Planned Parenthood claims to offer a wide range of pregnancy “services”, abortions account for 92% of its daily operations, the report cited.

Worse, Planned Parenthood has reported almost $90 million in excess revenue and over a billion in net assets.  The abortion business sure is lucrative.

Why, then, are Americans forced to pay for abortions?  Regardless of profit or loss, funneling tax dollars to abortion clinics amounts to an abomination of freedom and an entirely unjustified use of tax revenue.  Raise your hand if you believe our brave patriots of yesteryear fought for independence 237 years ago so our government can spend hundreds of millions of dollars funding abortions.

My hand is not raised.

 

Sandy relief bill filled with expensive pet project funding

Radar image of Hurricane SandyRepublican Representative Harold Rogers has introduced a $17 billion so-called “Hurricane Sandy Recovery” bill (H.R. 152) that would provide federal funding to the victims of the devastating hurricane that ravaged the northeast late last year.  Unfortunately, the bill contains hundreds of millions of unrelated spending on pet projects aimed at keeping career politicians gainfully employed.

According to an analysis from Taxpayers for Common Sense, the bill contains intentionally generalized language that effectively lets large portions of the relief fund get diverted into spending virtually anywhere, amounting to another slush fund for political initiatives.

For example, TCS writes:

“$150M for Interior expenses related to Sandy or other activities related to storms and natural disasters avail until expended; funds to restore and rebuild parks, refuges, public assets; increase resiliency of coastal habitat and infrastructure; protect natural and cultural values; this money can go anywhere in the department (seems like a slush fund).”

“$921M for federal-aid highways (does not appear to be trust fund related).”

“$821 million for Operation & Maintenance funding to dredge federal channels and repair corps projects NATIONWIDE related to natural disasters (very likely to go to Mississippi River dredging in the St. Louis area).”

Read TCS’s complete analysis of the legislation: http://www.taxpayers.org/library/article/brief-analysis-of-selected-provisions-in-proposed-senate-supplemental-appro.

$1 trillion in new Healthcare taxes hits Americans Jan 1st

Among the wide ranging new regulations, taxes and costs associated with Obamacare, a portion of its effect hit Americans today in the form of twenty new or higher taxes.  Highlighted below are some of the more devastating increases to the tax burdens of typical Americans.

Starting today, a new 2.3% tax will hit medical device manufactures.  “In addition to killing small business jobs and impacting research and development budgets, this will increase the cost of your health care – making everything from pacemakers to artificial hips more expensive,” wrote the Americans for Tax Reform organization.

Americans who enjoy a Flexible Spending Account to help pay for basic healthcare items will now face a new $2500 per year federal cap on expenses.  No cap on FSA spending was enforced at the federal level last year, although employers typically enforced their own spending caps (~$2500 for individuals and ~$4000 for families).

Last year, Americans were allowed to deduct from their taxes medical expenses that exceeded 7.5% of their Adjusted Gross Income, or AGI.  Today, that deduction threshold has been increased to 10%, requiring Americans to pay more for medical expenses before deductions can be made.

Lastly, Americans earning more than $200,000 annually (or $250,000 for married couples) will see a 3.8% increase in Medicare taxes, which will directly effect self-employed workers and small business owners in the United States.

Once again, Americans who already pay the majority of federal income taxes will shoulder the majority of the new burdens imposed on Americans for “cheaper” healthcare under the new Obamacare law.