2.) A heavy progressive or graduated income tax.
3.) Abolition of all right of inheritance.
4.) Confiscation of the property of all emigrants and rebels.
5.) Centralization of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly.
6.) Centralization of the means of communication and transport in the hands of the State.
7.) Extension of factories and instruments of production owned by the State; the bringing into cultivation of waste-lands, and the improvement of the soil generally in accordance with a common plan.
8.) Equal liability of all to labour. Establishment of industrial armies, especially for agriculture.
9.) Combination of agriculture with manufacturing industries; gradual abolition of the distinction between town and country, by a more equitable distribution of the population over the country.
10.) Free education for all children in public schools. Abolition of children's factory labour in its present form. Combination of education with industrial product.
Sound like America?
These are actually the 10 Conditions For Transition To Communism according to the Communist Manifesto written by Karl Marx in 1848.
Ironically, the new government of the Peoples Republic of China has decided the REDUCE their tax on dividends. Years ago it was 20%, then dropped to 10% in 2005. Effective January 1st, though, the dividend tax rate in China will drop to a mere 5%.Means to an end, to attract business out of the USA. Just have to read Red Chinas constitution to see what they are truly about. (Never mind the fact that the author used Red Chinas full name.)
An insult to free range dairy cows (who have more freedom)
I wouldn't include Germany in that grouping. Tax rates there are actually better than in the US; as a matter of fact, anyone who has dealt with any taxing entity in the US will find that they are considered to be nothing more than revenue streams or tax slaves.
We soon will be. All Hail Comrade Obama!! LOL /sarc
What’s also crazy is that the Nazis weren’t all that far away from the Communist Manifesto either, they certainly believed in 1 through 6, and believed in a soft version of 7 & 8 in the sense that businesses were only allowed to operate under the condition that they professed the beliefs of the Nazis, and couldn’t disagree with them, same with the press.
Everyone has to either move their income off shore or under the table. Cut off this milk supply and sit back and watch them eat their own.
It should be a hell of a show. It is just a matter of time until the cash cow runs dry we might as well speed it up so we can get by the crash and start rebuilding this country.
Obamanation Communism File.