Tag / President Obama

by Hoosier Econ

Where the Federal Government Gets Tax Revenue From

Via Peter G. Peterson Foundation

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The federal government collects revenue from a variety of sources. The largest source is taxes on individuals’ income and payroll taxes, which together make up four-fifths of federal revenue. Individual income taxes are assessed against wage income and are progressive: that is, the tax rate someone pays increases as their income increases. Payroll taxes are a flat percentage of wage income. They are used to fund Social Security and portions of Medicare. Taxes on corporate profits, estate and gift taxes, excise taxes (a tax levied on a good or service), customs duties, and numerous other taxes comprise the remainder.

by Hoosier Econ

Electricity U.S. Will Lose Under Obama’s Clean Power Plan

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President Obama is adding more regulations onto the American economy today

Continue reading →

by Hoosier Econ

1,000 Illegal Immigrants Deported From Indianapolis

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When President Obama illegally enacted his immigration executive order he also shutdown a vital program that helped local authorities connect with other law enforcement agencies on illegal immigrants who had been booked in jails. County by county map has been formulated showing deportations.

Indianapolis, which is Marion County, had a total of 1,012 illegals deported during this time frame.

Via The Daily Signal:

The Center for Immigration Studies has released an interactive map (see the map by clicking here) by depicting the number of illegal immigrants deported from each county as part of the U.S. government’s U.S. government’s Secure Communities program.

The deportations occurred between October 2008 and February 2015.

Under the multi-million dollar Secure Communities program, local authorities share fingerprints from everyone booked into jail with federal authorities, who comb the prints for immigrants, those here legally and illegally, so they can be deported.

by Hoosier Econ

‘A War on Coal Is Exactly What’s Needed’

The Weekly Standard has picked up an interesting but not surprising quote from Daniel P. Schrag, adviser to the President. You can read the entire article by clicking here. Here is a block quote to back up my previous post on what is coming from this administration. 

“The one thing the president really needs to do now is to begin the process of shutting down the conventional coal plants. Politically, the White House is hesitant to say they’re having a war on coal. On the other hand, a war on coal is exactly what’s needed.”