Posted on 03/01/2020 5:35:41 AM PST by Kaslin
Some years back according to the UN or some such, the “rich” were defined as anyone worth over $US10,000.
Contributions to candidates should be limited to constituents only with a reasonable cap on the amount allowed.
“Sadly, this redistribution is corrosive to both Peter and Paul. Paul receives something he did not earn while Peter is denied the reward which he did. Paul is poorer in spirit as he grows in dependency. Peter is simply poorer. Both grow to resent the other.”
Even FDR was horrified at the thought of paying people to remain idle; he preferred programs like the CCC where they’d earn their pay - it was better for all involved. He would have despised LBJ and his “war on poverty”...
People are astoundingly dumb and greedy in this country.
EVERY time a politician raises taxes on the “rich”, I’m amazed that at $50k a year, I somehow become “rich...
And then the news reports those very same politicians are buying a new mansion in another posh district somewhere...
When will people figure it out???
I would be surprised if they raise taxes on themselves.
Why not tax the poor and the cast majority that pays no taxes?
Fairness demands the poor pay something
Eat the rich.
I bet, due to inflation and old fashioned economics, the number will be even lower, if the Dims ever get a chance to implement their tax on the rich.
But maybe not, perhaps they will define rich as anyone who makes more than the typical Dim target voter class.
Civil Asset Forfeiture the politicos and their friends for their ill-gotten gains. Listening Joe, Hillary, $oroS, Weinstein, Epstein. Did our gubmint confiscate PEDO island and Lolita’s express? Would you like to sit in my cockpit girls? Have you ever seen a naked man, Timmy?
The sad thing is that these people to damned lazy to work, actually believe that the dimocrats are going to make all of THEM rich by taxing all the RICH!!! They are that gullible. Good freaking grief!! Sheep. That is all they are. Sheep following the piper of the communists, thinking communism will work here with all these “smart” dimocrats doing it. It failed in the Soviet Union. It has crushed a prosperous nation of Venezuela. North Korea is a prison camp. The only reason Red China has done well is the may be communists, but they do the capitalists walk when it comes to money.
“they will define rich as anyone who makes more than the typical Dim”
I have to disagree. They will define “rich” as anyone who does not toe the PC line, regardless of wealth.
In current America, rich means you pay taxes
Can anyone name one communist country that has been a success? It is astounding to me that just 30 years out from the fall of the Berlin wall we have so many people who believe that the system that built that wall is the best one.
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.
... and that, consequently, you should pay even more. On what you earn, on what you've saved, and when you die.
Due to human nature and mathematics, every society will have its one percenters (just as in every category, half will be below average). The difference between capitalist and socialist societies is who has the power to determine who gets to be a one percenter: the individual or the government. You might say, well the government can make sure the spread between the top and bottom one percenters is more equitable but that is envy speaking, not common sense.
I fully agree that oligarchs like Soros, Bloomberg and others have way too much influence but the solution lies more in re-establishing personal morality throughout society than confiscatory taxation and abusive governmental power.
That is probably what they are thinking, but when the rubber meets the road, there won't be enough money and it will default to all taxpayers and they will likely lower the bar on who makes enough to pay taxes.
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