Showing posts with label destructive. Show all posts
Showing posts with label destructive. Show all posts

Wednesday, January 29, 2014

Pending Patent Legislation Stifles The Next Steve Jobs

By Rep. Dana Rhorabacher (R-CA)
Steve Jobs started Apple in his garage in Silicon Valley. Jeff Bezos founded Amazon in an apartment garage outside Seattle. Stanford students Sergey Brin and Larry Page got Google off the ground in a garage they rented south of San Francisco. ✧ But a Senate bill supported by these companies and a handful of other deep-pocketed multinational corporations threatens to close the garage doors of small inventors forever. If enacted, it will stifle American innovation and destroy untold numbers of future jobs. ✧ I am speaking of S.1720, the so-called "Patent Transparency and Improvements Act of 2013." Its backers claim it will reduce frivolous patent lawsuits. In reality, it was designed to rid big high-tech companies of what they fear the most: little guys with great ideas. (The equivalent House Bill is H.R.3309.) Read More at Investor's Business Daily

Check THOMAS to search for bills, find sponsors and cosponsors, etc. Read More......

Wednesday, March 17, 2010

WSJ: ObamaCare's Worst Tax Hike

WALL STREET JOURNAL/Opinion, 3/17/2010 - The forced march to pass ObamaCare continues, and all that matters now is raw politics. But opponents should go down swinging, and that means exposing such policy debacles as President Obama's 11th-hour decision to apply the 2.9% Medicare payroll tax to "unearned income." ∴ That's what savings and investment income are called in Washington [Emphasis added], and this destructive tax wasn't in either the House or Senate bills, though it may now become law with almost no scrutiny. Read more at WSJ...

Imagine! You save and invest... and the government calls the earned interest "unearned income!" Didn't you earn it by the act of saving and investing? Keep making calls to stop this health care train wreck! --bc Read More......