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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: BobL
And once we do that, we need to dig into their assets. I would say that $2 million should be enough for them to live comfortably through retirement (although maybe I could be pushed up a million more).

If you are serious - it's hard to tell - I don't have much respect for your cognitive skills. Yep, you worked for a company that got a bail out, so what you thought you were saving all these years really belongs to the mob because BobL knows what you need to get by.

61 posted on 03/29/2011 9:42:07 PM PDT by Minn
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To: BobL

The bailout was a stupid, rotten, unconstitutional, big government boondoggle. Don’t make a bad thing worse.

Government is not the solution; it is the problem. RR


62 posted on 03/29/2011 9:42:07 PM PDT by Jim Robinson (Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
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To: IrishCatholic

You are arguing against policies I don’t hold. See my post #46.


63 posted on 03/29/2011 9:42:15 PM PDT by Christus_Rex
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To: PENANCE

moron


64 posted on 03/29/2011 9:42:48 PM PDT by Christus_Rex
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To: Christus_Rex

So once you get even with the super rich, who do you go after next? The Jews?


65 posted on 03/29/2011 9:43:39 PM PDT by SaveTheChief
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To: omega4179

I am not a socialist you blithering idiot. It’s a shame your reading comprehension seems stuck at the level of the 2nd grade.

You are arguing against policies I don’t hold. See my post #46.


66 posted on 03/29/2011 9:44:34 PM PDT by Christus_Rex
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To: Christus_Rex

This is a conservative forum. It seems that some have forgotten that simple fact.

If you will steal from the “Super Rich”, then you will steal from me. They will sue you, I won’t sue you.........I’ll shoot.


67 posted on 03/29/2011 9:44:38 PM PDT by Gator113 (I'll be voting for Sarah Palin, Liberty, our Constitution and American Exceptionalism.)
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To: Christus_Rex
I personally got a kick out of mega rich like Meg Whitman getting banged for hiring and having illegals doing the conga-line inside of her private residence....From a maid employment agency? Agencies that are *known* for hiring illegal aliens? She's lucky the illegal didn't have contacts to bad guys from Mexico. Super wealthy can't spend 300 bucks on a background for their hired help who basically live inside their super mansions with other family members?

Risky don't begin to describe...After Alred show, Whitman couldn't buy the governors chair for 150 million...

68 posted on 03/29/2011 9:44:49 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: Jim Robinson

“Government is not the solution; it is the problem. RR”

I hear you, just my frustration coming through. I’ll calm down (sorry).


69 posted on 03/29/2011 9:45:00 PM PDT by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts)
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To: Christus_Rex

Nah! You’re no capitalist. Go over to DU where they revere this freak.

He’s a ranting Liberal!


70 posted on 03/29/2011 9:45:19 PM PDT by BunnySlippers (I love BULL MARKETS . . .)
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To: SaveTheChief

You are arguing against policies I don’t hold. See my post #46.


71 posted on 03/29/2011 9:45:47 PM PDT by Christus_Rex
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To: Christus_Rex
I disagree with some of his opinions, but I strongly agree that the super rich need to pay more of their share. They hire the best lawyers and financial advisers who are experts in hiding their wealth, defraying taxes incurred, stashing assets in offshore banks, incorporating outside the US in tax shelters, etc. Bear Sterns gave millions to Obama!

Boy are you stupid. If there was no income tax and only a national sales tax, everyone would pay the same percentage. You think rich should pay 90%, as it was back in the days during WWII and after wards for many years? Why should anyone pay a bigger percentage than anyone else? The reason the rich try to use all the tax loop holes, and get the legislature to pass such laws, is because they are getting ripped.

The fair tax or some other national sales tax is the only fair way to tax people. Taxing income is unconstitutional, I don't care if they pass an amendment "making it legal" or not. The founders knew the dangers of an income tax and so made it unconstitutional. The stupidity of the American public allowed that protection to be taken away.

72 posted on 03/29/2011 9:46:01 PM PDT by calex59
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To: Minn

I’m off my pedestal...maybe we compromise with NO MORE BAILOUTS and let the market do its magic.


73 posted on 03/29/2011 9:46:01 PM PDT by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts)
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To: Gator113

You are arguing against policies I don’t hold. See my post #46.


74 posted on 03/29/2011 9:46:16 PM PDT by Christus_Rex
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To: Christus_Rex

I’m with you on this, CR.

They have theirs, and want to prevent anyone else from earning or getting their own wealth. Mostly though, what they want is power, especially the power to tell everyone else how to live OR tell others whether they will be allowed to live.


75 posted on 03/29/2011 9:47:06 PM PDT by SatinDoll (NO FOREIGN NATIONALS AS OUR PRESIDENT!)
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To: Christus_Rex

Much of the extraordinary tax avoidance moves of extraordinarily rich people is prompted by extraordinary tax rates.

I just can’t be very angry about astronomically rich people, unless they use their wealth to willfully promote stunningly harmful agendas (like Soros). They create more jobs than poor people do. If they were not taxed at all, they’d create even more jobs than that.


76 posted on 03/29/2011 9:47:35 PM PDT by HiTech RedNeck (Hawk)
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To: dragnet2

Yeah that was weird.


77 posted on 03/29/2011 9:47:44 PM PDT by Christus_Rex
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To: BunnySlippers

You are an utter fool. Read my posting history and you’ll see I am no liberal you jackass! Funny to see how quick you are to jump at someone before you ever understand their position.

You are arguing against policies I don’t hold. See my post #46.


78 posted on 03/29/2011 9:49:22 PM PDT by Christus_Rex
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To: Christus_Rex

Not sure who is the biggest nutbag over on Marketwatch, this freak, or Rex Nutting (who in Jan said to abolish the Senate).


79 posted on 03/29/2011 9:50:45 PM PDT by montag813 (http://www.facebook.com/StandWithArizona)
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To: calex59

You are the stupid one in this exchange. Of course I don’t think the rich should pay 90%, I said that in a joking aside. You also lack basic reading comprehension skills. Replies likes yours makes me realize how easy it was for the Red Scare of the 50s to take hold.

You are arguing against policies I don’t hold. See my post #46.


80 posted on 03/29/2011 9:51:24 PM PDT by Christus_Rex
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