Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Ouderkirk
The true goal of an income tax is to inhibit the ability to acquire wealth, not to redistribute wealth from those who already have it.

Strictly speaking I suspect that there's truth in what you say.My having mentioned "taxes" in an earlier post was meant in the broader sense....that being that the Rats think that you and I,but not Soros,have *far* too much and they want to give a good chunk of what we earn,and *have* earned,to "the most vulnerable among us" so that those "vulnerable" ones will vote for *them*.In addition to preventing the likes of *us* becoming "wealthy" they *do* want to redistribute wealth....just not their own.

13 posted on 12/26/2013 2:15:12 PM PST by Gay State Conservative (Osama Obama Care: A Religion That Will Have You On Your Knees!)
[ Post Reply | Private Reply | To 9 | View Replies ]


To: Gay State Conservative

Oh, no. What they want is to keep working people working. That way the unwashed masses don’t have the resources to “invade and defile” their favorite haunts like Jackson Hole, Martha’s Vineyard, Palm Beach, etc.

If you were to develop the next “pet rock” fad with a finite lifetime, all that you earned would be income subject to a confiscatory tax. Thus, you could never generate enough “income after taxes” to develop real wealth. Even though your new pet rock idea if left untaxed would leave you with the resources to not have to work for the rest of your life and maybe some of your direct descendents as well.

Tax it, and sufficiently high enough, you end up having to work all of your life. Generating more “income tax revenue” and not have the free time or disposable resources to counter their leftist schemes.


15 posted on 12/26/2013 2:30:00 PM PST by Ouderkirk (To the left, everything must evidence that this or that strand of leftist theory is true)
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson