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The Obamas' Falling Tax Rate

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Photo Credit: AP

President Barack Obama and his wife, Michelle, paid the lowest effective tax rate since they moved into the White House by taking advantage of the most popular — and expensive — benefits in the tax code.

Tax returns released by the White House on Friday show that the Obamas paid an effective tax rate of 18.4 percent on more than $608,000 in adjusted gross income earned in 2012. Last year, their rate was 20.5 percent.

They were able to lower the amount of income on which they were taxed by more than $258,000 by claiming several big-ticket deductions.

The first family’s biggest deduction by far stems from the $150,034 in donations they made to 33 charities, including the Fisher House Foundation, a charity that helps the families of wounded veterans, and the Sidwell Friends School, where the president’s daughters attend school.

The Obamas’ return serves as an interesting test case for how some of the proposals outlined in the White House budget released this week would raise taxes on high earners. For instance, the budget calls on lawmakers to impose a 28 percent cap on deductions for taxpayers that fall into the top tax brackets.

Read more from this story HERE.

Arrogant Illegal Alien Mocks Border Patrol Agent: ‘Obama’s Gonna Let Me Go!’

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Photo Credit: Stand With Arizona

As you have read here before, illegal aliens are streaming into Texas like no time since 1986 – trying to get in on the Obama-Schumer-McCain-Rubio amnesty for 20 million (and counting) illegal aliens. And DHS’ own data of a massive increase in border crossings are making a mockery of claims that “the border is secure” by everyone from Obama to Napolitano to Schumer…

Ranchers in South Texas – already under siege by violent cartels – are bearing much of the brunt of the tens of thousands of new arrivals.

Linda Vickers, who owns a ranch in Brooks County, which is Ground Zero for the immigration debate, pins the blame directly on talk of ‘amnesty’ and a ‘path to citizenship’ for people who entered the U.S. illegally.

She recalls one man being arrested on her ranch not long ago:

The Border Patrol agent was loading one man up, and he told the officer in Spanish, “Obama’s gonna let me go.”

Border Patrol agents report that immigrants are crossing the border, and in some cases surrendering while asking, “Where do I go for my amnesty?”

When you have amnesty waving in the wind, you’re going to get an increase.

Read more from this story HERE.

Politicizing Tragedy: Obama asks Newtown Mom to Deliver his Weekly Address

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Photo Credit: Reuters

President Barack Obama has asked a mother whose 6-year-old son was killed in the Newtown, Connecticut massacre to deliver his weekly radio address, an unusual move expected to turn up the pressure on Congress to pass tougher gun control laws.

Francine Wheeler, whose son Ben was one of the 26 people killed by a gunman at an elementary school on December 14, will deliver the Saturday radio address, White House spokesman Jay Carney said.

Obama brought families of the Newtown victims to Washington on Air Force One on Monday, and they have been meeting with senators to urge them to support new laws that, among other measures, would require more background checks for gun sales.

“He believes their voices and resolve have been critical to the continued progress we’ve seen in the Senate,” Carney said.

Vice President Joe Biden has occasionally delivered the weekly address, but the short message to Americans is traditionally given by the president himself.

Read more from this story HERE.

Daughter of Obama Pastor Jeremiah Wright Indicted (+video)

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Photo Credit: Chicago Tribune

The daughter of the Rev. Jeremiah Wright — the controversial former pastor to President Barack Obama — was indicted today in an expanding federal probe of a state grant tied to a former suburban police chief.

Jeri Wright of Hazel Crest is accused of helping former Country Club Hills Police Chief Regina Evans convert fake paychecks from Evans’ nonprofit to Evans’ personal use, allegedly hiding money that was supposed to be used to train minority and female workers in the building trades.

Federal prosecutors in the Illinois’ central district say Jeri Wright received about $28,000 in grant-tied paychecks in 2009, but $20,000 of that was deposited back into accounts controlled by Evans. Prosecutors also say Wright then lied to officers and a grand jury.

The charges emerge about a year after Evans was charged with fraud in relation to a $1.25 million job training grant awarded to her nonprofit, We Are Our Brothers Keeper.

Watch video here:

Read more from this story HERE.

GOP Leaders Dismiss Obama’s Budget Plan

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Photo Credit: AP

By Neil Munro. Republican budget leaders dismissed President Barack Obama’s 2014 budget plan as mess of fiscal gimmicks, shirked duties, accounting flim-flam and escalating debt.

The 10-year budget claims to cut $1.8 trillion from future borrowing, but actually trims only $119 billion from the 10-year, $46.5 trillion spending plan, Rep. Paul Ryan, chairman of the House’s budget committee, said April 10.

The removal of the budget tricks “knocks you down to $119 [billion] in actual deficit reduction,” he said. Promised spending reductions are also postponed way into the future, Ryan said. Obama’s budget writers “don’t even start deficit reduction until four years after he’s left office,” he said.

“We are not seeing responsible leadership,” said Sen. Jeff Sessions, chairman of the Senate’s budget committee. The administration is “under the mis-impression that deficit don’t matter [and] that they can continue to borrow and spend.”

In his Rose Garden speech today, Obama touted his budget, saying “the numbers work. There’s not a lot of smoke and mirrors in here.” Read more from this story HERE.

President Obama’s budget includes $1 trillion tax hike and $744 billion deficit

By Brian Hughes. President Obama on Wednesday unveiled his $3.8 trillion budget proposal for 2014, calling for higher taxes in exchange for cost reductions in Social Security and Medicare, a proposal swiftly rejected both by his Republican rivals and Democratic allies.

The president’s budget — which would produce a $744 billion deficit next year — includes about $1 trillion in new taxes over the next decade, including nearly doubling the federal tax on cigarettes to $1.95 a pack, increasing the estate tax, and eliminating some tax deductions and loopholes for wealthier Americans.

The budget would raise the national minimum wage to $9 an hour and spend an additional $50 billion on public works projects that could generate jobs.

From the White House Rose Garden on Wednesday, the president said he would support cuts to entitlement programs only if Congress approves his proposed tax increases.

“If anyone thinks I’ll finish the job of deficit reduction on the backs of middle-class families or through spending cuts alone that actually hurt our economy short-term, they should think again,” the president said. “When it comes to deficit reduction, I’ve already met Republicans more than half way.” Read more from this story HERE.

Obama and Cuba: 'Remarkable Cooperation on Many Issues'

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Photo Credit: flippinyank

Cuba and the United States may be longtime enemies with a bucket overflowing with grievances, but the fast return of a Florida couple who fled U.S. authorities with their two kidnapped children in tow shows the Cold War enemies are capable of remarkable cooperation on many issues.

Indeed, diplomats and observers on both sides of the Florida Straits say American and Cuban law enforcement officers, scientists, disaster relief workers, Coast Guard officials and other experts work together on a daily basis, and invariably express professional admiration for each other.

“I don’t think the story has been told, but there is a real warmth in just the sort of day-to-day relations between U.S. and Cuban government officials,” said Dan Whittle, who frequently brings scientific groups to the island in his role as Cuba program director for the Environmental Defense Fund.

“Nearly every time I talk to American officials they say they were impressed by their Cuban counterparts. There really is a high level of mutual respect.”

Almost none of these technical-level interactions make the headlines, but examples are endless. Just last week, Cuba’s top environmental official Ulises Fernandez and several island oil experts attended a conference in New York of the International Association of Drilling Contractors after the State Department expedited their visas.

Read more from this story HERE.

Obama Now Appears to be Allied With Al-Qaeda in Syria

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Iraq’s al-Qaeda wing has united with a kindred Syrian group in the front line of a struggle to oust President Bashar al-Assad, sharpening a dilemma for nations that back the revolt, but fear rising Islamist militancy. The leader of the Islamic State of Iraq, Abu Bakr al-Baghdadi, said his group had trained and funded fighters from Syria’s al-Nusra Front — which is blacklisted by the United States — since the early days of the two-year-old uprising.

He said in a statement posted on Islamist websites and seen by Reuters on Tuesday that the two groups would operate under the joint title of the Islamic State of Iraq and the Levant.

“It’s now time to declare in front of the people of the Levant and the world that al-Nusra Front is but an extension of the Islamic State of Iraq and part of it,” Baghdadi said.

“We thus declare . . . the cancellation of the name of the Islamic State of Iraq and the name of al-Nusra Front and grouping them together under one name, the Islamic State of Iraq and the Levant,” he added.

The militant Islamist element of the Syrian conflict poses a quandary for Western powers and their Arab allies, which favor Assad’s overthrow but are alarmed at the growing power of Sunni Muslim jihadi fighters whose fiercely anti-Shiite ideology has fueled sectarian tensions in the Middle East.

Read more from this story HERE.

Obama's Proposed Cuts: Not Even Close to REAL Entitlement Reform

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In his latest attempt to cajole Republicans into raising taxes, Obama has called for a budget plan that makes some cuts to Medicare providers and subjects Social Security payments to the chained CPI. John Boehner was correct to reject this ploy of holding entitlement savings hostage for tax increases. However, he has come close to negotiating such a deal in the past, and there are some GOP officials who are saying they would still agree to such a trade. Lindsey Graham has already expressed encouragement over the proposal.

We must remember that even to the extent we would be willing to trade tax increases for something transformational, Obama’s proposal is not entitlement reform, and it certainly doesn’t represent something transformational. It is a proposal of austerity cuts to the status quo.

The problem with entitlements is not limited to the budgetary cost to the federal government, although that is certainly a major concern. The problem with our entitlements – in the case of Medicare and Medicaid – is the lack of choices, free market forces, and the inflationary cost of healthcare to the individual. The problem with Social Security is the lack of private property rights, dreadful rate of return, lack of individual liberty, and hopeless dependency on government. Limiting benefits to the chained CPI might be fine for the government option, but it should not replace policies that offer more choices. Means-testing benefits might save money, but we must not forget that Social Security is already means-tested, as its benefit formula is tendentious towards low-income earners relative to what they contribute to the program.

Read more from this story HERE.

Pro-Abortion Obama to GOP: You Care More About Gun Lobby Than Children

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Photo Credit: France24

President Barack Obama accused Republicans of stooping to political stunts to block gun reform, in a fervent appeal delivered close to the site of the Newtown school massacre.

At a critical moment for hopes for sweeping action to stem gun violence, Obama traveled to Hartford, Connecticut, not far from Sandy Hook Elementary School, where 20 children and six adults were gunned down in December.

In sharp, impassioned remarks, he contrasted the courage of parents whose children were killed by a deranged gunman with US lawmakers he said feared the wrath of the powerful American gun lobby.

“Some folks in Washington are already floating the idea that they may use political stunts to prevent votes on any of these reforms,” Obama told a raucous crowd during his second gun control rally in a week.

“They’re not just saying they’ll vote no on ideas that almost all Americans support. They’re saying they’ll do everything they can to even prevent any votes on these provisions.

Read more from this story HERE.

Obama Screwing Up in North Korea

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photo credit: petersnoopy

After the Obama Administration publicly blamed the U.S. Military for “amping up” North Korea’s boy-leader last week, it is continuing its deferential posture toward the reclusive country.

Today, the Pentagon announced that it is canceling a previously planned Minuteman III ballistic missile test to avoid upsetting ‘Supreme Leader’ Kim Jong Un.

Despite the arrival of B-2’s and other significant U.S. assets over the last week, sources are continuing to report that North Korea is not only prepping for another missile launch but may also be preparing for another nuclear detonation.

Additionally, the Chinese have now reported live-fire maneuvers near the border.

If Obama wishes to put an end to North Korea’s games, he’s certainly going about it the wrong way. Publicly blaming your own military and interrupting long-planned tests upon which our national security depends plays directly into the little dictator’s hands.

Kim Jong Un now has bragging rights that he forced the world’s superpower to blink, something that has likely earned his hard-line military’s respect. Obama has almost certainly guaranteed that we’ll see the same type of scenario play out, yet again, in the not-so-distant future.