Posted on 03/01/2019 10:04:04 AM PST by Ohioan
We do not claim that all questions of American Constitutional Law are easily settled; that there is always an easy answer to what the Constitution allows; or to what it requires, or what it forbids. But there are obvious answers on some points. There are clearly defined functions mandated; others, clearly forbidden; as well as an overriding functional purpose. Yet nothing could be clearer than the fact that a Federal tax on wealth is totally contrary to both the letter & spirit of the Constitution of the United States.
(Excerpt) Read more at truthbasedlogic.com ...
It is very annoying to have the Buffett children rake in $500k+ running foundations funded by dad and complaining of being undertaxed, just like dad. Remember too the kennedy energy scam where little Joe raked in buckets of cash distributing gifts to the little people, while wishing he paid more taxes. I just wish they would stop with the poor-mouth while they all take great pains making themselves nearly untaxable.
National Socialism was a derivative of Marxist Socialism; they were kindred movements. Obama could be described as either, although his actual sentiments were more on the order of a Quisling, inviting the Nazis—such as Soros—in, rather than being one of them.
Confiscatory taxation and taxes on the rich:
Mass prosperity requires economic progress, which requires a pro-capitalistic political program, which requires rationality, natural rights, including private property rights, capital accumulation, and technological progress and advances.
The total abolition of the personal and corporate income taxes and of the inheritance tax is an essential feature of a pro-capitalist political program. It is required by the individual’s right to his own property. In addition, progress toward the abolition of these taxes helps to create the conditions required for economic progress, by increasing economic incentives, and the ability to save, both of which serve to promote capital accumulation, and thus a rising productivity of labor and rising average real wage rates.
No it won’t happen. What the agitation leads to is an issue we can rally on to awaken millions. It is all in how we respond to their tactics.
What’s new? Our graduated income tax system introduced in 1913 with the 16th Amendment is a tax on wealth. So is the means tested Medicare Part B tier system that bases premiums on income.
You are preaching to the choir! But my essential point here, is that this is opportunity—in large part for some of the reasons you cite—to counter attack the Left by reaffirming the wisdom of the Founders, without the sickening apologies with which some Republicans approached Obama.
These premiums were put in as a basis to work from when means testing of social security benefits begins. Based on your Medicare part B surcharge, an appropriate percentage reduction of your benefits will occur. The mechanism is in place.
Te Leftwing’’ of the Democrat Party? You mean they have a right wing?
Relatively, some are certainly further Left than others. If we attack the Leftists in the right way, we may seriously damage whatever remains of solidarity in the Democrats ranks.
The Medicare Trust Fund (HI) will be exhausted in 2026 at which point benefits must be reduced to equal revenue received. Medicare has been running in the red since 2008 and SS since 2010. How stupid is it to proclaim Medicare for all when the current program is going bankrupt. And it should be noted that 90% of Medicare recipients have Medigap or supplementary insurance to cover what Medicare does not pay for. The private insurance companies will not go out of business if there is Medicare for all.
Are those, who openly advocate such a tax, merely ignorant of the Constitutional specifics, too irresponsible to care, or so obsessed by hate & envy as to be no longer capable of a reasoned approach to public policy--indeed, compulsion driven to punish those who have dared to achieve above the multitude!
Don't dare mention that the Federal Reserve is a private banking institution either. That'll really bring you wrath.
Has any nation achieved such purposes by confiscating the material accomplishments of its most productive citizens, after they had already been taxed when those accomplishments were first accumulated? Does any socially inclined species, with a modicum of intelligence, seek to advance by tearing down its high achievers? Do you secure the Blessings of Liberty for your posterity by punishing the most successful of any generation?
Do those who wish to confiscate accumulations of great wealth, understand the self-sustaining mechanism, which provides decent employment for those not born with exceptional skills; that America thrived, as Great Britain had once thrived (before her stupid & disastrous acceptance of forced redistribution), precisely because she did not sabotage the accumulation of great wealth before ratification of the XVIth Amendment in 1913?
Now that you mention it, the MAJOR constitutional problem with the Federal Reserve is this imo.
Constitutional Convention delegate Ben Franklin had suggested adding canals to the post roads clause (1.8.7). He had probably intended for canals to facilitate commerce.
But his fellow delegates had decided that being able to build canals would also give Congress an excuse to regulate INTRAstate banking which some of the delegates, not including Alexander Hamilton, had indicated that their banking associates didn’t want. So the delegates dropped Franklin’s suggestion for canals.
Thomas Jefferson had noted this discussion as follows.
“A proposition was made to them to authorize Congress to open canals, and an amendatory one to empower them to incorporate. But the whole was rejected, and one of the reasons for rejection urged in debate was, that then they would have a power to erect a bank, which would render the great cities, where there were prejudices and jealousies on the subject, adverse to the reception of the Constitution [emphasis added].” —Jefferson’s Opinion on the Constitutionality of a National Bank : 1791.
The significance of no federal canals is this. Traitor Alexander Hamilton was wrong to justify his national bank partly with the “Necessary and Proper Clause" (1.8.18). This is because the delegates had decided that a particular means to an end, a national bank, did not justify the end, Franklin’s canals, regardless of necessary and proper clause.
On the other hand, if President Woodrow Wilson had done the right thing by first leading Congress to successfully petition the sovereign states to ratify a banking amendment to the Constitution before signing the Federal Reserve bill, then we wouldn’t be having this discussion.
So regardless that the Federal Reserve is argued to be private, such an argument was possibly intended to sidestep the constitutional reality that the Federal Reserve was established without the required consent of the Constitution’s Article V sovereign state majority imo.
”From the accepted doctrine that the United States is a government of delegated powers, it follows that those not expressly granted, or reasonably to be implied from such as are conferred, are reserved to the states, or to the people. To forestall any suggestion to the contrary, the Tenth Amendment was adopted. The same proposition, otherwise stated, is that powers not granted are prohibited [emphasis added].” —United States v. Butler, 1936.
"It is easier to get forgiveness than it is to receive permission." —Rear Admiral Grace Murray Hopper, U.S. Navy's Chips Ahoy magazine (July 1986)
Corrections, insights welcome.
This is a winning issue...if the GOP decides it actually wants to WIN instead of being the gentleman loser.
I have grown tired of these Vichy Republicans (Mitt Romney, I’m pointing at you) who sell us out time dn time again because winning would be just gauche’.
SS payments are means tested in two ways. Medicare premiums vary with income, as you stated. And, the entire SS payment is taxed at your marginal tax rate once your income exceeds a modest threshold.
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