Taxes

 

This month’s Reagan Club get-together will feature both of the Republican candidates for the office of State Treasurer.

On Thursday, July 6, we will be hearing from Rep. Justin Everett and Routt County Treasurer Brita Horn.

 

 

The July meeting will be held at Amazing Grace Church at 541 E 99th Pl. Thornton, CO. Doors open at 6:00PM-meetings usually end at 8:30PM.

Wear your Reagan buttons and be ready to win more Reagan bucks in our ongoing contest!

Member tickets are $20, non-member $25. You can still get early bird tickets for $15 before Tuesday July 4th. Early registration is encouraged, and you can get an additional ten Reagan Bucks by registering early!

Make your reservation via the Reagan Club of Colorado web-site at:
http://www.reaganclubco.com

Have a wonderful Independence Day Holiday,

Fred Ramirez
President
Reagan Club of Colorado Continue reading

Andrew Lloyd Peth
A question for my fellow Americans:
Why aren’t you blaming the Democrats?
 
• Democrats run higher education, where costs soar and value plummets. SO WHY AREN’T YOU BLAMING DEMOCRATS?
 
• Democrats run most large cities, where violent crime rates are off the charts. So when young people needlessly die in the streets, WHY AREN’T YOU BLAMING DEMOCRATS?
 
• Democrats took over our healthcare system, resulting in skyrocketing premiums and deductibles, with far fewer choices. SO WHY AREN’T YOU BLAMING DEMOCRATS?
 
• More people are being killed in the name of one religion than all other religions on the planet combined, but Democrats attack anyone calling on that religion to clean up its act. So every time people are killed in the name of that religion, WHY AREN’T YOU BLAMING DEMOCRATS?
 
• Democrats demand higher minimum wages, thus lowering youth employment and increasing automation. So every time you see a touch screen instead of an employee, WHY AREN’T YOU BLAMING DEMOCRATS?
 
• Democrats run green energy, which costs thousands of percent more in tax subsidies to produce the same amount of energy. So when money is missing for roads or bridges or children or veterans, WHY AREN’T YOU BLAMING DEMOCRATS?
 
• Democrats run Hollywood, so when ticket prices rise for one-sided sermons masquerading as movies, WHY AREN’T YOU BLAMING DEMOCRATS?
 
I could go on, but my point is simple: Whatever Democrats run inevitably makes lives worse. Violence increases. Prices soar. Racism deepens. Choices drop. Safety falls. Decency evaporates. Hate rages on campuses. Free speech is bullied.
 
So, my fellow Americans, why—oh why—AREN’T YOU BLAMING DEMOCRATS????

Dana Loesch says the left uses their media to assassinate real news, and their entertainers to repeat the false narrative over and over again. The only way to save our country and our freedom from their lies is to fight the violence with the clenched fist of truth. The National Rifle Association of America is Freedom’s Safest Place.

 

It’s May 1st.
May Day.
Communist/Socialist Day.
A Day the Democrats and Progressives celebrate.
Why?
Losers….

The Tax System Explained in Beer

In my explanations of the Laffer Curve, I’ve shown evidence that high tax rates discourage productive behavior and boost the underground economy.

And if higher tax rates are sufficiently onerous, the resulting reductions in taxable income can completely offset the revenue-generating impact of higher tax rates. Indeed, this is what’s already happened with the “Snooki tax.”

And the same thing happens in reverse. If lower tax rates lead to a big enough increase in taxable income, the government actually collects more revenue – which is exactly what happened when the top tax rate was lowered in the 1980s.

I’ve also tried to explain, shifting from economics to philosophy, that confiscatory tax rates are unfair and immoral. And I’m glad to see that most Americans agree, with 75 percent of all people saying that nobody should ever face a tax rate of more than 30 percent.

Notwithstanding that polling data, though, I fear that many people don’t really understand the economics of taxation. So I’m happy to share this little story that periodically winds up in my inbox.

===============================================

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this…

  • The first four men (the poorest) would pay nothing
  • The fifth would pay $1
  • The sixth would pay $3
  • The seventh would pay $7
  • The eighth would pay $12
  • The ninth would pay $18
  • The tenth man (the richest) would pay $59

So, that’s what they decided to do.

The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve ball.

Continue reading

The Reagan Club meets on the first Thursday of every month at The Amazing Grace Community Church ( 541 E 99th Pl, Thornton, CO, 80229) from 6:30 p.m. - 8:30 p.m. with doors open at 6:00 p.m.. We feature different programs and speakers as we honor the 40th President. The Reagan Club of Colorado seeks to promote the Constitution, smaller government, lower taxes, personal freedom, helping candidates, and educating the public about one of our greatest presidents, Ronald Wilson Reagan.

Recent Comments