Monday, May 30, 2011

Tax the Super Rich now or face a revolution

How many times are we going to have to say this before they get it?

Of course, they don't really have to listen to anyone.

Hm.

Knock knock.


Tax the Super Rich now or face a revolution Paul B. Farrell - MarketWatch

4 comments:

Kevin Scheunemann said...

Your post has a real "pick up your gun toward revolution" feel to it. (The second amendment is back en vogue with progressives now?)

What do we mean by "super rich"?

The problem is: Anyone turning a profit is lumped into the "super rich" category by Democrats...even if that person works 70 hours a week and sacrifices their holidays, nights, and weekends to earn it.

Meanwhile, the single parent with 3 kids can earn $38K in health ins, food stamps, child care, free school lunch, rental assistence, WIC programs, cash assistence payments, and other government goodies working a 15K part-time job. (See Glenn Grothman's newsletter detailing this.)

The first person makes good economic choices.

The latter person is incentivized to keep making not so good career choices...for fear of losing the government goodies.

Is that what you are leading the revolution for...to take from those that work hard?

"Punishment of hard work" can be your revolution motto.

38K in government benefits for essentialy doing nothing...you want to disincentivize work even more?

There's another country that disincentivizes work on the level you are talking about....Cuba.

wbman said...

"The problem is: Anyone turning a profit is lumped into the "super rich" category by Democrats...even if that person works 70 hours a week and sacrifices their holidays, nights, and weekends to earn it."

What proposals are you referring to?

Mpeterson said...

No they aren't. The cut offs are pretty clearly in the $250k and up category for the top few percent... but even those in the top 10% aren't the "super rich." That's reserved now for those in the top 1%.

Grin, Kevin, are you saying I don't earn my salary? Tsk. You're complaining about my lower-than-the-national-(or even state)-average salary?

I actually provide a benefit to my fellow citizens, unlike you. When I get done with them they are, for the most part, smarter and intellectually leaner. When you get done making a profit from your fellow citizens they're fat and have diabetes and heart disease.

You should probably take a pay cut for that kind of "benefit" and a much bigger one than my 8.6%.

Or could it be that Americans now actually do value heart disease over intelligence....

Damn. I think you've got me here Kev. If Americans really do vote with their dollars then they do value heart disease and diabetes over understanding and historical perspective.

I suppose that'll all work out for us in the long run... so long as we fatten up the Chinese faster. :^)

Kevin Scheunemann said...

There you go, attacking WI Dairy Farmers again. I don't mind the personal shots, but disparaging the WI Dairy Farmer like that...indicating they are distributors of diabeties and heart disease.

Is there anyone in the private sector you DON'T attack?

When did you start hating the WI Dairy Cow?

You said:

"When I get done with them they are, for the most part, smarter and intellectually leaner."

We will ignore that WWII persecution of Jews is equal to the WI beer distributor legislation blog post then.:-)

Over $250K is rich? Since when? I've heard Democrats use 60 K and 75K. That's the problem, when you realize there isn't enough to steal from the "super rich"... the threshold of "rich" is lowered to include regular, hardworking Americans to feed the government beast.

Remember your famous historical quote about Nazi government oppression...why does it not apply here?