Posted on 05/23/2018 9:16:28 AM PDT by rhett october
Nanny-state-imposing left-wing billionaire Michael Bloomberg is now on video admitting how much he likes to raise taxes on poor people, calling such tax hikes a “good thing.” For years, Bloomberg has personally funded and promoted all sorts of regressive taxes and regulations in an attempt to push people around. He uses the coercive power of the government to force people to live their lives as he sees fit.
So here is Bloomberg on stage with another global mandarin, Christine Lagarde of the International Monetary Fund. He refers to low income individuals as “those people” and then takes a shot at coal miners and the U.S. military. He clearly reveals his arrogant, bullying worldview. The entire thing is bad, but we've bolded a few of the most obnoxious sentences:
Michael Bloomberg: “Some people say, well, taxes are regressive. But in this case, yes they are. That's the good thing about them because the problem is in people that don't have a lot of money. And so, higher taxes should have a bigger impact on their behavior and how they deal with themselves. So, I listen to people saying 'oh we don't want to tax the poor.’ Well, we want the poor to live longer so that they can get an education and enjoy life. And that's why you do want to do exactly what a lot of people say you don't want to do.
The question is do you want to pander to those people? Or do you want to get them to live longer? There's just no question. If you raise taxes on full sugary drinks, for example, they will drink less and there's just no question that full sugar drinks are one of the major contributors to obesity and ...
(Excerpt) Read more at atr.org ...
That would make an excellent tag line.
Me too. No vote for recipients of UNEARNED benefits.
In simple terms, beggars shouldn't be choosers. Those who don't pay for our government's rogue excursions should not have a say in them.
The flip side of "skin in the game" is this sort of thing - declaring something "bad behavior" and taxing it to suppress it. That is not always benign. This is, after all, the fellow who decided he didn't like the amount of fizzy drinks his constituents were drinking and tried to tax them out of it. Bloomberg very notably doesn't think people should own firearms. So how about a 10,000% tax on that? Home-schooler? Tax them. Heat with wood? Tax it. Drive a non-electric car? Tax it. All of this is, from the point of view of the urban control freak, "bad behavior", and yes, taxing it heavily does impact the poor disproportionately - that's what "regressive" taxation is.
We've come a long way from the Intolerable Acts but it won't do to forget where we came from.
The left moans about the rich unless the rich is a socialist. The socialist has the tantalizing power and persuasion to brainwash people. The left accuses us of being deplorable for following a President who wants to make America great again. The idiot sheep on the left have no idea that the standard for socialism (Venezuela) is hell on Earth. They think Socialism will work in America.
Actually, it’s all about getting rid of cigarettes and soda and anything else Nanny Bloomberg deems inappropriate for the poor. His pals - like they did in NYC - will be allowed to drink on public beaches and smoke at carefully designated private clubs.
Well, when you tax something, you get less of it, and when you subsidize something, you get more of it.
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Exactly. A fundamental economic principle.
Tax the poor.
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