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Tax the Super Rich now or face a revolution
Market Watch ^ | March 29, 2011 | Paul B. Farrell

Posted on 03/29/2011 8:57:23 PM PDT by Christus_Rex

Yes, tax the Super Rich. Tax them now. Before the other 99% rise up, trigger a new American Revolution, a meltdown and the Great Depression 2.

We know the Super Rich don’t care. Not about you. Nor the American public. They can’t see. Can’t hear. Stay trapped in their Forbes-400 bubble. An echo chamber that isolates them. They see the public as faceless workers, customers, taxpayers. See GOP power on the ascent. Reaganomics is back. Unions on the run. Clueless masses are easily manipulated.

Even Obama is secretly working with the GOP, will never touch his Super Rich donors. Yes, the Super-Rich Delusion is that powerful, infecting all America.

Here’s how one savvy insider who knows described this Super-Rich Delusion: “The top 1% live privileged lives, aren’t worried about much. Families vacation at the best resorts. Their big concerns are finding the best Pilates teacher, best masseuse, best surgeons, best private schools. They aren’t concerned with the underlying deterioration of America or the world, except in the abstract, because they aren’t directly affected by it. That’s not to say they aren’t sympathetic, aware, or don’t talk about the issues you bring up. They are largely concerned with protecting and enhancing their socio-economic positions, ensuring their families live well. And nothing you write about will change things.”

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Culture/Society; Front Page News; Government
KEYWORDS: 1percent; 2018election; 2020election; business; communism; election2018; election2020; fauxiantrolls; incometaxes; irs; molassesmiasma; obama; onepercent; paulbfarrell; penguinhumor; superrich; taxcutsandjobsact; taxreform; taxtherich; tcja; uniparty; zot; zotlist
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To: fanfan

Christmas is the Birth. Easter is the Ressurection. Both are important, but the Resurrection is what is important to Mankind. We can Live Again, thanks to the Sacrifice of Jesus Christ.


1,061 posted on 04/23/2011 3:39:51 PM PDT by Monkey Face ("I regret I wasn't born with opposable toes." Calvin to Hobbes)
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To: Monkey Face

Yes, the Secrety Thing. I had a history teacher in high school who was in the Cuban Missile Crisis. And maybe we will now have the Fidelito Muerto thing, but Anoreth is on the wrong side the Panama Canal for that festivity, which stinks.

Cuba Libre!!!


1,062 posted on 04/23/2011 3:40:06 PM PDT by Tax-chick (Tornado relief: http://www.baptistsonmission.org/Projects/North-Carolina/Tornado)
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To: Tax-chick

I LIKE Cuba Libres!!!

Secrety things come along with being involved with the military. “Loose lips sink ships.”

My hubby was very circumspect in his letters during the Viet Nam War. I learned before we married that some questions were not allowed.


1,063 posted on 04/23/2011 3:47:54 PM PDT by Monkey Face ("I regret I wasn't born with opposable toes." Calvin to Hobbes)
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To: Monkey Face

I’m fond of a Cuba Libre, myself. Ny father doesn’t want to talk about Vietnam. My great-uncle doesn’t want to talk about Okinawa. AAAAAAAGH, says the recorder, but you can’t force them, and they won’t let girls come to the deer cabin or anything, even if they take shorthand.

I assume Anoreth is doing her own archives, having listent to me bitch all these years.


1,064 posted on 04/23/2011 3:54:42 PM PDT by Tax-chick (Tornado relief: http://www.baptistsonmission.org/Projects/North-Carolina/Tornado)
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To: Tax-chick

If I could get Himself to tell me all about VN, I’d be in hog heaven. He says he wrote a manuscript and his ex-wife destroyed it. That’s part of MY life and our son’s, so I’m not happy.

He’s older than I am, and has lots of health issues, so I’ll have to try and come up with a way to get the info from him. SOON!


1,065 posted on 04/23/2011 3:59:47 PM PDT by Monkey Face ("I regret I wasn't born with opposable toes." Calvin to Hobbes)
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To: Monkey Face

Off to bed, Kiddies!

See you tomorrow when He Rises again!

XO


1,066 posted on 04/23/2011 4:01:32 PM PDT by Monkey Face ("I regret I wasn't born with opposable toes." Calvin to Hobbes)
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To: Monkey Face; Tax-chick

Exactly.
:-)


1,067 posted on 04/23/2011 4:09:13 PM PDT by fanfan (Why did they bury Barry's past?)
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To: Christus_Rex
"Fairness" is a subjective opinion. Frankly, I think that it is not fair to pay the same % of income, let alone a progressive % rate. Every citizen ought to contribute the same amount, if not in $'s, then in service or labor. Then when they vote, they might pay attention to what the government is doing with "their" money and employ the requisite disipline.

In the current system, at least 50% of citizens want to rob the "rich" (being ever defined down by the pols who are now experiencing the "squeeze"), and increase government benefits for themselves. Government squandering money is no problem to them. Just increase taxes on the "rich", a totally ridiculous and historically discredited idea.

The system we have now is self-destructive: it rewards and encourages the non-productive, and punishes (or uselessly redirects the activities of) the productive - and the "progressives" want even more of this rot.

Think a little about these two points:

1) The "rich" frequently get "rich" by generating much larger wealth for the rest of society. The right attitude is "we want wealthy people in our country (in our world)! The more the better for all!"

2) The "rich" generally do not consume all of their wealth, they save and invest - to create more wealth for everyone. (They are the holders and protectors of the seed corn). Hence with their wealth they do not compete with the ordinary Joes for food, clothing, energy, housing, appliances, services, etc. (no gross increase in prices for such). But perhaps only with other "rich" for exotic art, rarities, yachts, palaces, servants, commercial real estate, politicians, etc. Stuff the ordinary Joe cares little about, and is only a "what the hell do I do with my money" distraction or hobby for the rich.

1,068 posted on 04/23/2011 4:56:00 PM PDT by GregoryFul (Obama - Jim Jones redux)
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To: Moonman62

Warren Buffet is talking his “book”. He sells life insurance - a big tax dodge for the rich in estate planning.


1,069 posted on 04/23/2011 5:04:00 PM PDT by GregoryFul (Obama - Jim Jones redux)
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To: utford
In this country we pay INCOME taxes - not wealth taxes. So - you are advocating raising taxes on high income earners, not on those with high net worths

Ya gots to be smart - accumulate untaxed wealth - that's the ticket. Poor ole wage trolls. Feel sad!

1,070 posted on 04/23/2011 6:35:30 PM PDT by GregoryFul (Obama - Jim Jones redux)
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To: Tax-chick; fanfan

I believe halal is basically concerned with slaughtering practices. I don’t know a whole lot about it, but it really does taste better.


1,071 posted on 04/23/2011 8:51:03 PM PDT by sionnsar (IranAzadi|5yst3m 0wn3d-it's N0t Y0ur5:SONY|http://pure-gas.org|Must be a day for changing taglines)
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To: sionnsar; Monkey Face; ColdOne; fanfan; Cyber Liberty

1,072 posted on 04/24/2011 5:14:58 AM PDT by Tax-chick (Tornado relief: http://www.baptistsonmission.org/Projects/North-Carolina/Tornado)
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To: Tax-chick; NicknamedBob
LOL, why is there a bar over NOW? Does that mean "Not NOW?" A political statement about the National Organization of Witches? And do the flowers over the bar signify "Bury NOW now?" Sorry... need to restart brain (like the computer, which did NOT want to start up this morning)

Good morning, and Happy Easter!

If only we had yesterday's sun today. Grey out, but not as cold as forecast. It was supposed to have started raining last night, but hasn't as of yet.

1,073 posted on 04/24/2011 7:47:20 AM PDT by sionnsar (IranAzadi|5yst3m 0wn3d-it's N0t Y0ur5:SONY|http://pure-gas.org|Must be a day for changing taglines)
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To: Monkey Face; glock rocks; ColdOne; libertarian27; Cyber Liberty; Sparko; The Flying Dutchman; ...

To the Undead Thread: Happy Easter, all!


1,074 posted on 04/24/2011 7:53:41 AM PDT by sionnsar (IranAzadi|5yst3m 0wn3d-it's N0t Y0ur5:SONY|http://pure-gas.org|Must be a day for changing taglines)
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To: sionnsar

Happy Easter Everyone!!


1,075 posted on 04/24/2011 9:44:10 AM PDT by Monkey Face ("I regret I wasn't born with opposable toes." Calvin to Hobbes)
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To: Monkey Face
Happy Easter!!

Church was packed today, including the folding chairs. We had a couple of former Episcopalians visit, folks who remember the "old prayer book" (the one we still use); I would not be surprised to see them come back.

1,076 posted on 04/24/2011 1:17:38 PM PDT by sionnsar (IranAzadi|5yst3m 0wn3d-it's N0t Y0ur5:SONY|http://pure-gas.org|Must be a day for changing taglines)
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To: Tax-chick

Still in Panama. Drinking. It’s hot.


1,077 posted on 04/24/2011 1:49:26 PM PDT by Anoreth (Do your damnedest in an ostentatious manner all the time.)
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To: Tax-chick

Shoe sizes here are tiny. I bought a headband from Naruto. It’s sand village. In case you wondered.


1,078 posted on 04/24/2011 1:55:08 PM PDT by Anoreth (Do your damnedest in an ostentatious manner all the time.)
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To: Anoreth

Feliz Pascua! Did you go to church? Too bad you can’t buy shoes!

We’ll have pictures up eventually: they’re on your dad’s camera. I’m taking Tom over to the Barnards to get their leopard gecko, which we’re taking as a charity. It had better not geck at night!

It’s 87 here. Ash is doid.


1,079 posted on 04/24/2011 1:58:15 PM PDT by Tax-chick (Tornado relief: http://www.baptistsonmission.org/Projects/North-Carolina/Tornado)
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To: Tax-chick

I did buy shoes. They hurt.
I didn’t. There wasn’t enough other people.


1,080 posted on 04/24/2011 2:03:01 PM PDT by Anoreth (Do your damnedest in an ostentatious manner all the time.)
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