[VIDEO] Clinton’s Dark Money Hypocrisy

CLINTON BASHES DARK, UNACCOUNTABLE MONEY ON THE CAMPAIGN TRAIL

Clinton: "[W]e've Got To Get All This Dark, Unaccountable Money Out Of Our Political System." CLINTON: "And we've got to get all this dark, unaccountable money out of our political system. This is really a problem with the Supreme Court because they've made two very bad decisions-The Buckley decision and The Citizens United Decision, so people say, what can you do about it? Well, first of all, we have to see everything we can possibly get done by law, we have to appoint Supreme Court Justices who will begin to reverse the pernicious effects of these decisions and, if necessary, we have to have a constitutional amendment because if we let this go too long, the corruption will be worse than the Robber Barons. Because, as it is right now, we have no enforcement of our election-our finance laws in Washington because the Federal Elections Commission is divided 3 Republicans 3 Democrats and so they can't make a decision. The Republicans are pushing up against the line, if not going over the line. Basically using their so-called Super PACs to be part of their campaign. And then you've got these phony non-profits, that are advocating for candidates and they don't even have to tell you where the money's from." (Hillary Clinton, Speech At House Party, Ottumwa, IA, 7/7/15)

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However, Clinton's Super PAC Accepted A "Seven-Figure Check" From A "Pair Of Dark Money Groups"

A Super PAC, "Financed By A Pair Of Dark Money Groups Wrote A Seven-Figure Check To Hillary Clinton's Super PAC In June, Infusing A Key Pro-Clinton Outfit With Money Whose Sources Are Virtually Untraceable." "A Democrat-aligned super PAC financed by a pair of dark money groups wrote a seven-figure check to Hillary Clinton's super PAC in June, infusing a key pro-Clinton outfit with money whose sources are virtually untraceable." (Lachlan Markay, "Dark Money Floods Into Hillary Super PAC," The Washington Free Beacon, 8/4/15)

• The Washington Free Beacon Headline: "Dark Money Floods Into Hillary Super PAC"(Lachlan Markay, "Dark Money Floods Into Hillary Super PAC," The Washington Free Beacon, 8/4/15)

The Democratic Super PAC, "Fair Share Action (FSA) Donated $1 Million To Pro-Clinton Super PAC Priorities USA Action In Late June…" "Fair Share Action (FSA) donated $1 million to pro-Clinton super PAC Priorities USA Action in late June, one of eight million-dollar contributions the pro-Clinton group has received so far this year from various sources." (Lachlan Markay, "Dark Money Floods Into Hillary Super PAC,"The Washington Free Beacon, 8/4/15)

• "FSA Also Gave $5,000 To Another Pro-Clinton Super PAC In April." (Lachlan Markay, "Dark Money Floods Into Hillary Super PAC," The Washington Free Beacon, 8/4/15)

"The Source Of FSA's Money Is Nearly Impossible To Trace." (Lachlan Markay, "Dark Money Floods Into Hillary Super PAC," The Washington Free Beacon, 8/4/15)

FSA Has Only Received Two Contributions This Year, Both From Dark Money Groups, Including Fair Share, Inc. And Environment America. "It's received just two contributions this year: $300,000 from Fair Share Inc., its 501(c)(4) dark money affiliate, and $800,000 from another dark money group called Environment America." (Lachlan Markay, "Dark Money Floods Into Hillary Super PAC," The Washington Free Beacon, 8/4/15)

• "Neither Environment America Nor Fair Share Disclose Their Individual Donors, Making It Difficult To Know Who Exactly Is Bankrolling Their Large Contributions To Priorities." (Lachlan Markay, "Dark Money Floods Into Hillary Super PAC," The Washington Free Beacon, 8/4/15)
• "Neither Organization Returned A Request For Information On Their Finances."(Lachlan Markay, "Dark Money Floods Into Hillary Super PAC," The Washington Free Beacon, 8/4/15)

Via: Republican National Committee

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EDITORIAL: Obamacare’s costly new year Taxpayers to start feeling law’s unhealthy effects

The re-election of President Obama means Uncle Sam is only going to grow larger. As the new year arrives, Americans are likely to see with their own eyes the consequence of their choice of chief executive as health care costs escalate thanks to Obamacare.

Provisions of the law that take effect in the new year will reveal the true price tag of the president’s signature health care system in the form of five new taxes. Starting Jan. 1, a 2.3 percent medical device tax will be imposed on the miracles of modern medicine such as heart pacemakers, stents, prosthetic joints and diagnostic scanners. The levy will apply to sales, not profits, so startup firms that might be just breaking even could be pushed into the red by Obamacare. With 80 percent of medical device companies employing fewer than 50 people, the tax is a disincentive for small firms to stay in business — exactly the opposite of the effect needed to jump-start the nation’s flagging economy.

Obamacare will raise the threshold for the tax deductibility of medical bills from 7.5 percent of adjusted gross income to 10 percent, making it harder to write off the cost of health care. Pre-tax flexible spending accounts, which 24 million consumers rely on to pay for medical bills and currently have no federally imposed limit, will be capped at $2,500. These two provisions mean a greater share of families’ income must be devoted to health care, contrary to the promises Democrats made when selling the plan to the public in 2010.

Via: Washington Times

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Top Five Worst Obamacare Taxes Coming in 2013

Of the twenty new or higher taxes in Obamacare, below are the five worst that will be foisted upon Americans for the first time on January 1, 2013.

Of the twenty new or higher taxes in Obamacare, below are the five worst that will be foisted upon Americans for the first time on January 1, 2013:

The Obamacare Medical Device Tax – a $20 billion tax increase:  Medical device manufacturers employ 409,000 people in 12,000 plants across the country. Obamacare imposes a new 2.3 percent excise tax on gross sales – even if the company does not earn a profit in a given year.  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 prosthetics more expensive.

The Obamacare “Special Needs Kids Tax” – a $13 billion tax increase:  The 30-35 million Americans who use a Flexible Spending Account (FSA) at work to pay for their family’s basic medical needs will face a new government cap of $2,500 (currently the accounts are unlimited under federal law, though employers are allowed to set a cap). 

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 several million 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 in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. This Obamacare tax provision will limit the options available to these families.

The Obamacare Surtax on Investment Income – a $123 billion tax increase:  This is a new, 3.8 percentage point surtax on investment income earned in households making at least $250,000 ($200,000 single).  This would result in the following top tax rates on investment income:

	Capital Gains	Dividends	Other*
2012	15%	15%	35%
2013+ (current law)	23.8%	43.4%	43.4%

The table above also incorporates the scheduled hike in the capital gains rate from 15 to 20 percent, and the scheduled hike in dividends rate from 15 to 39.6 percent.

Of the twenty new or higher taxes in Obamacare, below are the five worst that will be foisted upon Americans for the first time on January 1, 2013:

The Obamacare Medical Device Tax – a $20 billion tax increase:  Medical device manufacturers employ 409,000 people in 12,000 plants across the country. Obamacare imposes a new 2.3 percent excise tax on gross sales – even if the company does not earn a profit in a given year.  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 prosthetics more expensive.

The Obamacare “Special Needs Kids Tax” – a $13 billion tax increase:  The 30-35 million Americans who use a Flexible Spending Account (FSA) at work to pay for their family’s basic medical needs will face a new government cap of $2,500 (currently the accounts are unlimited under federal law, though employers are allowed to set a cap). 

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 several million 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 in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. This Obamacare tax provision will limit the options available to these families.

The Obamacare Surtax on Investment Income – a $123 billion tax increase:  This is a new, 3.8 percentage point surtax on investment income earned in households making at least $250,000 ($200,000 single).  This would result in the following top tax rates on investment income:

	Capital Gains	Dividends	Other*
2012	15%	15%	35%
2013+ (current law)	23.8%	43.4%	43.4%

The table above also incorporates the scheduled hike in the capital gains rate from 15 to 20 percent, and the scheduled hike in dividends rate from 15 to 39.6 percent.

Via: American for Tax Reform

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