In reality...just what would we expect. The man is an abject marxist.
“Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not
bound to choose that pattern which best pays the treasury. There is not even a patriotic
duty to increase one’s taxes. Over and over again the Courts have said that there is
nothing sinister in
so arranging affairs as to keep taxes as low as possible. Everyone does it,
rich and poor alike and all do right, for nobody owes any public duty to pay
more than the law demands.”
(US Appeals Court Justice the Honourable Learned Hand)
“The avoidance of taxes is the only intellectual pursuit that carries any reward.”
(John Maynard Keynes)
Sounds like the “bourgeousie capitalist pigs” are in for a fleecing if obambi gets in.
Big O says, ‘I’m just like Robin Hood. Take from the rich and give to we’ . . . LOL, LOL ! Sounds like a plan to me . . . LOL, LOL !
Forget arguing the economic consequences. The economic consequences will be devasting in the long term. However the long term will take years to happen. By the time the actual consequences of these policies occurs, it will be too late to change the policies.
The argument against these policies is tyranny and mob rule. The rats want to steal the income and wealth of successful citizens. This situation is just a modern form of the tyranny of the French Revolution.
The Arab-American Obama is in the top 1% of American taxpayers.
Who is John Galt?
Communism! Because Capitalism and the American Constitution are annoying and immoral formalties!
In reality...just what would we expect. The man is an abject marxist.
THERE, fixed it!
Once those billions are all gone, what’s next.....imprison the top 1% and confiscate their property???
The most serious concern is not the long-term effect on the economy. The liberal socialist's agenda to abandon our constitutional Republic in favor of America becoming a democracy is a more serious concern.
Article IV, Section 4. The United States shall guarantee to every State in this Union a Republican Form of Government
I bring this up because nowhere in America’s Constitution does the word democracy ever appear.
Consider the fact that the top 50% of income earners pay 96% of the income taxes. From the liberal socialist’s point of view is it really asking too much that the 50% just go ahead and pay the additional 4%. Surely, they can afford it. We now have 50% of the income earners paying 100% of the income taxes. With that under your belt, would it really be a stretch for 49% of the earners to pay 100% of the taxes? Would that really be too much to ask?
Now, America has a democracy wherein 51% of the people can tell 49% how much they will pay in taxes and how to spend the taxes. Perhaps I should say who the taxes would be spent on.
"A government that robs Peter to pay Paul can always depend upon the support of Paul."- George Bernard Shaw
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world’s greatest civilizations has been 200 years.”
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world’s greatest civilizations has been 200 years.”
I’m still amazed people think this idiot is somehow so great.