Blog Entry

TEA Party (BYOB)

Posted on: April 16, 2009 8:41 am
 

Oregon has flipped out. Already renowned for its liberal excesses, its politicians did the unthinkable. The most stupid act of taxation ever. Or at least this year. Oregon's brilliant political folks decided they should pass a tax on beer to help with their budgetary shortfalls. Now you see Oregonians have had the lowest beer tax in the nation. The result of such a bastion of tax relief and capitalism friendly support has been the locating of some 93 micro breweries in the state. These microbrews generate over $2 billion to the GDP of Oregon. The tax imposed by the Democrat strong will increase the tax from about a buck a barrel to over $50 a barrel. Seems reasonable, right? So what does that mean to the average pint of beer in Oregon? About a $1.25 per pint increase!! A night out will cost you big time in Oregon's pubs and bars. Now Oregon has the highest tax on beer in the nation.

So what you say. If you don't live in or near Oregon, this probably doesn't mean much. But just you wait as other states jump on board the new sin tax of beer. Politicians will attempt to vilify beer and beer drinking as unhealthy and the cause of so many problems in their states from health care to litter to the obvious non-green flatulence for which beer drinking is notorious. Before you know it we will be back at prohibition and the beer and gin mills will be off the books, free again from taxation.

The Democrats of Oregon have grown strong with their social programs and pandering to the poor workers held down by big corporations. But don't they realize the impact of the beer sin tax will fall squarely on their constituency? Those making $40,000 a year who like to drink a beer. Dare I say "Joe Sixpack?"

I wonder how much money it would cost to move a micro brewery to Michigan or Ohio, land of poverty and no jobs?

Dear Democrats,

Please take an economics course - macro would be best. This tax is a wealth destroying tax as all of them are. It does nothing to encourage commerce and will have a very negative impact on the economy of Oregon. Goes for every state and the federal level, too. While your at it, eliminate all subsidies as they too are wealth destroying activities that restrict commerce. Or you can keep taxing the beer and the piss out of us and guarantee we become a socialist country.

I could be wrong - a wait, ah, no, ... I'm not.

I had fun at my local TEA party (Taxed Enough Already) yesterday. I hope you all attended whether you are a Demo or Repub.

 

 

 

 

Comments

Since: Mar 20, 2008
Posted on: April 18, 2009 6:25 pm
 

TEA Party (BYOB)

Scoop,

That makes you a bootlegger.  Feels kinda good being naughty, doesn't it?

As to Sunny's remark about Al Frankenstein - I do respect his degree and accomplishments, but Gastropod nailed it with his comment about his extremist views and why he an is ultra dangerous left wing socialist. 

Ya'll have a grande evening.  I am heading out for some dancing and a little sinning my style!

Sin -D




Since: May 20, 2008
Posted on: April 17, 2009 12:15 pm
 

TEA Party (BYOB)

Smorgie, another great read.

I'll see your Oregon sin tax and raise you New York's (proposed?) fat tax.  I must admit I'm ignorant as to the status of this thing; I don't know if this was just something proposed or if a bill has actually been sent to the state legislature.  In any event, Governor Patterson has proposed raising the taxes on beer and levying a tax on non-diet soda among other "junk foods."  Now, if you're like me and think diet soda tastes like yak piss, you're going to pay Albany every time you have a can of regular Coke.

Here's the best part: according to Patterson, this is to encourage a healthier lifestyle.  Apparently the populational obesity problem and resulting health issues caused by overindulging in Coke, Pepsi, Root Beer, twinkies, ding-dongs and ice cream is bankrupting the state.  Everyone knows that Patterson can't see.  However, NYS residents can see through this "we're-concerned-for-your-health" charade.  A casual look at his extended budget projections shows plainly that he's counting on fat tax revenues to INCREASE year over year.  This is nothing more than a cash grab.

Still there's a silver lining.  Since I live within 10 miles of the Pennsylvania border, I see an opportunity to supplement my income by bootlegging soft drinks.  While I'm at it, I'll fill my gas tank, since PA gas is about 15 cents/gallon lower than NY.  




Since: Feb 18, 2008
Posted on: April 17, 2009 11:45 am
 

TEA Party (BYOB)

  Franken has a degree in political science from Harvard that he was able to obtain by working at a local restaurant.  Surely you can appreciate that.

 

Sure I can.  But it was Franken's book (I know of one, maybe there were more) and his stint on Air America that formulated my opinion of him.  He is the far left's equivilant of Rush or Hannity.  Would you want them in the Senate, both of them worked hard to get where they are too?  Does not mean I want them in Congress.




Since: Dec 31, 2007
Posted on: April 17, 2009 10:26 am
 

TEA Party (BYOB)

 Franken has a degree in political science from Harvard that he was able to obtain by working at a local restaurant.  Surely you can appreciate that.

 

But anytime there is a .5% difference in an election an automatic recount is performed.

 

So due process was at least followed.

 

Wink




Since: Feb 18, 2008
Posted on: April 16, 2009 1:29 pm
 

TEA Party (BYOB)

 Franken stole it, but what does it say about Coleman for it to even have been that close? 

As for the beer tax, congratulations Oregon, your almost Mass now.  And look what the good our high taxes have done for us.  Oh wait, never mind.




Since: Mar 20, 2008
Posted on: April 16, 2009 1:25 pm
 

TEA Party (BYOB)

Franken won the election? or stole it?

That recount stinks worse than Florida 2000.  With more fraud and more strange practices and court rulings.  Franken went from losing to winning to blocking votes from counting to.....well you know what happens in politics.

Franken is a bigger embarassment to the state of Minnesota than Ventura was as govna.




Since: Mar 20, 2008
Posted on: April 16, 2009 1:22 pm
 

TEA Party (BYOB)

Private messages are not allowed in blogs for some reason, Coach.

New Yankee Stadium opens today.  Go Yankees!!  Win one for the Babe!!

 




Since: Nov 19, 2008
Posted on: April 16, 2009 10:28 am
 

TEA Party (BYOB)

 Hi Smorge! Is there no way to private talk anymore?




Since: Dec 31, 2007
Posted on: April 16, 2009 9:39 am
 

TEA Party (BYOB)

And here I thought you were going to rip Al Franken for winning an election.

 

A fine read as always Cindy. 




Since: Mar 20, 2008
Posted on: April 16, 2009 9:10 am
 

TEA Party (BYOB)

 

I thought I would include a couple of headlines that should get your attention:

  • JPMorgan says it earned $2.14 billion in the first quarter, or 40 cents per share, on record revenue of $26.9 billion. That's down from net income of $2.37 billion, or 67 cents per share, a year earlier. But analysts predicted a profit of 32 cents per share, according to Thomson Reuters.
  • The results came a week after another big bank, Wells Fargo, surprised investors by announcing a record $3 billion quarterly profit.

JPMorgan is one of several bailout recipients, including Wells Fargo, Morgan Stanley and Goldman Sachs Group Inc., expressing interest in repaying their government debt soon. JPMorgan got $25 billion from the government late last year to keep the financial system stable and increase lending.

You mean to tell me that TARP may be working? Wait a minute, that means that George W. Bush and his boy Paulson did something right? Huh? Can this be? I refuse to believe it!! Oh wait. Obama is president so he gets credit right? These are first quarter earnings and technically he was president for 2/3rds of the quarter. So he should get 2/3rds of the credit, right? Ah nope. The quarter's profits are earned on the preceding 1-3 quarters worth of work. Sorry Democants. This win belongs to Georgie.

It is interesting that the banks are stabilizing and how they are earning profits.

From MSNBC:

"But the company (JP Morgan) is benefiting from a jump in mortgage refinancing and deposits, as well as low interest rates. When a bank can borrow cheaply, it can profit more from lending. "

Interesting how "deposits" slipped in there. That means people are saving and putting it in the bank. This does negatively impact the recession - saving money - but it does provide the basis for lending so it is necessary.



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