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Taxing the Rich?
Townhall.com ^ | March 1, 2020 | Gil Gutknecht

Posted on 03/01/2020 5:35:41 AM PST by Kaslin

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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
Michael Bloomberg... reminded faithful Democrats... his $100 million in contributions that led to the Democrats retaking the House... "...I bough... I got them."

21 posted on 03/01/2020 8:22:17 AM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: Kaslin

Taxes on the rich fall into two categories:

1) A tax burden they can shift to everyone else through wage and price adjustments in the corporations that they control.

2) A tax burden they cannot avoid without leaving the jurisdiction (state or country) imposing those taxes, which they will eventually do when the burden becomes too high.

In both cases, this ultimately means that sustaining a level of spending intended to be funded through “taxing the rich” ultimately becomes a burden on everyone but the rich. So the tax question should never who, it should be how much.


22 posted on 03/01/2020 9:45:30 AM PST by zencycler
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To: Kaslin

Taxing the rich is always taxing the middle class, the rich pack their bags and leave


23 posted on 03/01/2020 1:16:32 PM PST by ronnie raygun (nicdip.com)
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To: Kaslin; PGalt
Maybe it would be more effective to simply dust off those antitrust books and punish abuse rather than use tax rates to punish success.
I am flatly in favor of that . . as long as you are talking about antitrust violations by the journalism cartel.

The journalism cartel (aka “the media”) is the inevitable result (People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.” - Adam Smith) of the continuous virtual meeting of all major journalists which the AP “wire” (and all other wire services) constitute. Which is precisely about business, and which has been ongoing since before the Civil War.

The 1964 New York Times Co. v. Sullivan prevents Republicans from suing for libel, but before 1964 no court had ever held that 1A modified libel law at all. Why? Because intent of the Bill of Rights was not to change any existing right - at all - but to prevent changes in existing rights.

2A’s preservation of the existing RTKBA obviously did not touch your right not to be assaulted with a deadly weapon - and 1A’s preservation of the existing freedom of the press did not touch your right to sue for libel if you reputation was assaulted with, analogously, a deadly press. The Sullivan decision’s claim that

". . . libel can claim no talismanic immunity from constitutional limitations. It must be measured by standards that satisfy the First Amendment”
is therefore flatly wrong.

Sullivan prevents both Democrat and Republican politicians from suing for libel - but “liberals” don’t get libeled.

Republicans must sue “the media,” and SCOTUS must issue a restraining order which will make “the media” as loathe to libel Republicans as they already are to libel “liberals."


24 posted on 03/01/2020 3:47:24 PM PST by conservatism_IS_compassion (Socialism is cynicism directed towards society and - correspondingly - naivete towards government.)
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To: conservatism_IS_compassion

Thank you and well-stated per usual, c_I_c. BUMP!


25 posted on 03/01/2020 4:13:21 PM PST by PGalt (Past Peak Civilization?)
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To: joethedrummer

I’m so old I remember when fifty thousand a year was super wealth! Fifty thousand was enough to start a car dealership rather than the price of a single low end new car or a high end used car. Fifty thousand would support a family very well for TEN years rather than just scraping by for ONE year.


26 posted on 03/01/2020 6:14:13 PM PST by RipSawyer ((I need some green first and then we'll talk a new deal!))
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To: RipSawyer

Me too!!

Just 30 years ago, I would’ve thought this to be MORE than enough. But in this day and age, thanks to government meddling, we still have to be very careful to make ends meet with one child to raise..


27 posted on 03/02/2020 6:36:21 AM PST by joethedrummer
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To: beef
I agree. It makes me wonder what the hell I spent 10 years in West Germany, 2 years patrolling that stinking border, was all for!!

The one thing that I can still see in my mind today, as clearly as the day I laid eyes on it was; I was standing on the East-West border and pulling patrol in two jeeps. I was the lead jeep and I stopped at one of our check points where we were to stop and get out and starting "glassing" the eastern side of the border. This was in a rural area of both sides of the border. I looked into the east side and watched men plowing the fields, using tractors that looked like they were made in the 1920s (this was 1971 or 72). They were ancient machines. Rusty color, with medal wheels on all four. The back two were larger than the front and had like spikes on the back ones to dig into the ground for traction.

I turned around and was looking back into the west and saw a couple of West Germans doing the exact same thing, plowing their fields, driving 1970s model tractors. Nice and new. Modern for the times. I looked back and forth at each side and I knew why the east was in the shape it was in. The west was in the 1970s and the east was still in the 1920s. 50 years behind. (Kinda like Islam is still in the 700s AD while the rest of the world is in the 2020's.) But, it shows just how broke socialism/communism was and remains today. North Korea, Cuba, Venezuela, etc., all broke and the people living in abject poverty. It took the wall falling and the west bringing the east back into Germany to start rebuilding the east. The stinking Russians didn't!!!

Ask any soldier or marine that has stood a post that deals with the communists and they will tell you the same thing. The elites of the left, socialists, commies, all have the best in those societies. Only in capitalism can we all have a chance to improve ourselves. Not in socialism.

28 posted on 03/02/2020 3:25:44 PM PST by RetiredArmy (These are those days that the Bible says will test men's souls. Choose wisely dear folks.)
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To: RetiredArmy

I lived in Berlin in 1985, so I saw quite a bit of the Wall. I went into East Berlin a few times. It was like going from color to black and white. The camera store didn’t have any cameras, but they did have a zillion of these cheesy flash unit that you would put on your camera and then plug it into the wall. The appliance store has these little dorm sized refrigerators that cost 1000 marks, which was like a months pay for those guys. Hardly anyone on the streets except VoPos. On the other hand, West Berlin, Kudamm, that was a great place. There was never any better place than Berlin to compare the two systems. And this completely ignored by our allegedly most learned people.


29 posted on 03/03/2020 8:55:36 PM PST by beef (Caution: Potential Sarcasm - Process Accordingly)
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To: beef

You hit it on the nail head. Exactly how it was. I just wish all these stupid A-holes could really see communism for what it is, slavery, death, murder, living in shacks, living on very little money, nothing to eat (ask the North Koreans who are eating TREE BARK!!! for goodness sakes!!), five or six family members living in a three room apartment with only a small kitchenette, one bedroom, tiny bath. These Russians thought they had it good. They had nothing, absolutely nothing.


30 posted on 03/04/2020 7:38:15 AM PST by RetiredArmy (These are those days that the Bible says will test men's souls. Choose wisely dear folks.)
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