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To: ReleaseTheHounds
You can soak the rich if you tax wealth. Say, anyone with a net worth of over $50M--tax that.

I'm serious. It is the uber-wealthy who want to drive down the middle and upper class by taxing income, a tax they don't even feel. As soon as someone gets really rich, he starts wanting to make the middle class poor. Look at Soros, Bill Gates--they become "progressive" to gain status among their billionaire peerage.

It would appeal to my class resentment. I resent the heck out of meddling, condescending billionaires--and preachy nitwit Hollywood bigshots. Tax their wealth, since they don't really value it anyway.

43 posted on 05/20/2008 12:35:32 PM PDT by Mamzelle (Time for Conservatives to go Free Agent)
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To: Mamzelle

Sorry, Mamzelle, but I can’t agree. By what right would we propose to tax wealth? That violates the very foundations of our republic and its protections of life, liberty, the pursuit of happiness and of property. It bugs me to hear the stupid things the Uber Wealthy (Warren Buffett, Bill Gates, Hollyweirdoes, etc.) say, but that doesn’t justify taking their property. And while it would represent a huge one-time transfer, it really is stealing the “seed corn” of future growth.

No, that’s not an idea to be promoted. The Death Tax is bad enough as it is, assuming it comes back in a few years.


53 posted on 05/20/2008 2:48:27 PM PDT by ReleaseTheHounds ("The demagogue is one who preaches doctrines he knows to be untrue to men he knows to be idiots.")
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