zerohedge
Trump wants a top tax rate of 15%.
That is a tax CUT for the top wage earners.
He wants to eliminate a tax-loophole that applies to hedge-fund managers.
The threat has little to do with economics and everything to do with regaining control of our nation. They still don’t get it.
Firstly, a tax on assets would be a direct tax as the Supreme Court interprets that term, and so would have to be apportioned among the States.
Secondly:
“It was once said, in this country, that taxation without consent was robbery. And a seven years’ war was fought to maintain that principle. But if that principle were a true one in behalf of three millions of men, it is an equally true one in behalf of three men, or of one man.
Who are ever taxed? Individuals only. Who have property that can be taxed? Individuals only. Who can give their consent to be taxed? Individuals only. Who are ever taxed without their consent? Individuals only. Who, then, are robbed, if taxed without their consent? Individuals only.
If taxation without consent is robbery, the United States government has never had, has not now, and is never likely to have, a single honest dollar in its treasury.
*If taxation without consent is not robbery, then any band of robbers have only to declare themselves a government, and all their robberies are legalized.*
If any man’s money can be taken by a so-called government, without his own personal consent, all his other rights are taken with it; for with his money the government can, and will, hire soldiers to stand over him, compel him to submit to its arbitrary will, and kill him if he resists.
*That your whole claim of a right to any man’s money for the support of your government, without his consent, is the merest farce and fraud, is proved by the fact that you have no such evidence of your right to take it, as would be required of you, by one of your own courts, to prove a debt of five dollars, that might be honestly due you.”* ~ Lysander Spooner, _Letter To Grover Cleveland_ => http://lysanderspooner.org/LetterToGroverCleveland.htm
“No middle ground is possible on this subject. Either ‘taxation without consent is robbery,’ or it is not. If it is not, then any number of men, who choose, may at any time associate; call themselves a government; assume absolute authority over all weaker than themselves; plunder them at will; and kill them if they resist. If, on the other hand, taxation without consent is robbery, it necessarily follows that every man who has not consented to be taxed, has the same natural right to defend his property against a taxgatherer, that he has to defend it against a highwayman.” ~ Lysander Spooner
There is the other side of the equation - too much spending, too much national govt, too much revenue going in. Many depts in need of being shut down.
I don’t think Trump is as concerned about the national govt leviathan, as some other conservative candidates.
The beauty of Trump’s plan is that it pulls the rug out from Warren and Sanders.
GOP is the mortal threat to GOP.
Get rid of Boehner, McConnell, et al and they might have a chance. These sniveling backstabbing worms have caused tremendous damage... and then they made Boehner Speaker again.
The Cheap Labor Express’ stranglehold on the GOP is a mortal threat to our Republic.
Unless we break that stranglehold we will be offered nothing but amnesty and more illegal alien inundation.
Trump represents what may be our last chance to retain the rule of law and our country.
Amen! Conservatives have been spoon fed the no tax raise pablum by Norquist and his cronies for years...and we've eaten it all. No More! This country is in serious trouble and needs fixing immediately!
The left...aided and abetted by a compliant and complicit Republican party has damn near destroyed this country. They've spent us into near bankruptcy...they've given a green light to Iran to go nuclear. They've allowed the rise of ISIS and have done absolutely nothing to stop their rampages...especially against Christians. Morality is passe in America. we celebrate homsexuality and transgenderism and persecute Christians who stand against this whenever they dare to speak out. And worst of all they have allowed our country to be overrun by illegal immigrants who steal jobs from Americans and send billions of dollars out of our economy every year. They have no desire to assimilate and become American, yet they insist on the right to squat here and squander our resources.
This sh#t needs to stop! Politicians have screwed up everything and they have no frigging idea how to stop the decline...let alone reverse it. It's time to send the government party in DC a very loud message!
ALL of those things are important.
Rush was saying that most of the hedge fund magnates are Liberal Democrats. Trump is truly diabolical. LOL
Is there anything people won’t criticize Trump for?
Big business has the Republican party. The
Socialist have the Democrat party.
The middle class doesn’t have a political party to represent them.
That is what they are really afraid of.
The rich are liberals and the Democratic captive class.
I see no reason to empower them.
And Trump has turned class warfare on its head.
Liberal plutocrats are the greatest danger to the country.
I'm trying hard to find anything at all that's true in that sentence, and not succeeding.
Exactly. Superrich oligarchs who give the GOP leadership orders that they expect to be followed aren't exactly stirred up by threats from Turn the Tide ghetto-rat leaders to murder white people at random. Their security details and trained drivers would never let that happen to them, so what's the prob?
Invading hordes? Lovely -- crush wages! Democrat dictatorship for as far as the eye can see? No sweat -- they're all bought. Defamation of American historical character and exemplars? No sweat -- "Hey, ho, go with the flow!" </off Doonesbury Buddhists>
You'll love the future -- the superrich have such big plans. Maybe not including you, but maybe so, if you suck up enough and shake it over here, boss.