Posted on 08/04/2011 12:33:25 PM PDT by lowbridge
Nobody could be more servile to the interests of the wealthy than the Tea Party Republicans who insist they are championing everyday Americans.
Vice President Biden was wrong to call them terrorists. They are servants, toadies of the most reckless and grasping of the rich.
Even the socially responsible rich think the Tea Party stance is nuts. Mayor Bloomberg has noted that there was simply "no way" to bring the deficit into line without raising revenue.
In their blind resistance to simple reality, the nuttier Republicans caused such a mess in Washington that investors the world over felt added cause to doubt the soundness of the American economy. The eventual result could hurt even the rich.
Meanwhile, the Tea Partiers continue pushing for cuts in programs benefiting the less fortunate while refusing to end tax breaks for the wealthy. If the likes of the Tea Party had held sway during Marie Antoinette's time, there would have been no French Revolution or guillotine.
(Excerpt) Read more at nydailynews.com ...
Raising revenues is easy when more people are working you idiot Bloomberg... you’re the type of “Rich” i’d like to tax... kick your ass to the curb, take all your money and give it to real entrepreneurs. They care more about creating a product and bringing it to market and less about pontificating bs...
LOL!
I agree. Lets end all of those tax breaks and subsidies.
Lets see:
# Medical expenses in excess of 7.5% of gross income[33]
# State and local income and property taxes[34]
# Interest expense on certain home loans[35]
# Gifts of money or property to qualifying charitable organizations, subject to certain maximum limitations,[36]
# Losses on non-income-producing property due to casualty or theft,[37]
# Contribution to certain retirement or health savings plans (U.S. and UK),[38]
# Certain educational expenses
Credit for purchaing electric autos
Solar panels
Windmills
In short, all deductions, tax credits, subsidies, etc.
I don't have a dog, but I'll bet that dog food costs more than that.
Out of necessity, I buy a half-dozen cans of the Chef's offerings every few days. My 9 YO son loves the stuff, and easily polishes off the entire can in about 10 minutes.
This is the liberal philosphy in a nutshell, the Rich are evil! They must be punished! This writer seems to think it was just wonderful that the French rounded up the wealthy, some who were certainly guilty of crimes, but others were only guilty of being born into the wrong family and chopped their heads off. They would love to see it happen here as well.
I like the gallows a lot more.
I’m too handsome to envy weathly people.
What this product of our inadequate public educational system fails to understand is that those in Washington and California who are encouraging this class envy are people who manage to avoid paying but fail to tell you that and make it look as though it is someone else who qualifies. How many tax cheats are working now in DC? Can anyone say Geithner?
Tax “the rich” (making over $200k/yr) at 100% and you’d STILL have to cut annual spending $500B just to break even, and cut $9000B to pay off the debt in 30 years.
And that’s ignoring that nobody is going to work only to have it all taken away.
Doesn’t matter what tax rates are, revenue is about 15-20% GDP. “Soak the rich” would at best increase revenue by about 2% GDP = $282B, matching a top tax bracket of 57%. At worst the soaking would reduce revenue that much (a half-trillion-dollar swing) by slowing the economy instead. Considering that the 57% does not include any other taxes, I’d bet on the latter (and go Galt myself).
Point is: there is an upper limit on increasing revenue via tax hikes. Absolute hypothetical maximum is $1270B, most optimistic realistic maximum is $282B, and I’d guess viable reality is no more than half that. Carried away by seething jealousy, they’re failing to do even simple number crunching to see what their extremism would net.
Slavery to the arrogance of "rulers" who believe the choices and judgments of themselves and their fellow ideologues is superior to that of their fellow hardworking poor, middle income, and wealthy workers is slavery of the most pernicious kind. Individuals like this poor man either can't understand that, or refuse to understand it.
And, he ignores the vast difference in concept and results of the American Revolution and the French Revolution. In America, individual rights were acknowledged to be "endowed by their Creator" and, therefore unalienable and making "the People" sovereign over their government.
"We the people of the United States, in order to form a more perfect union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."
Fortunately, for millions of oppressed persons from all over the world, the Framers of America's written Constitution did understand that inasmuch as all human beings are imperfect, there is a certain foolishness in putting our confidence in elected officials to decide winners and losers, how much of one's labor one gets to keep, and how much they can use to buy voters for the next election.
Jefferson put it this way:
"To preserve [the] independence [of the people,] we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses, and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account, but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:39
Note Jefferson's very last thought here. He declares that when government taxing and debt have reached certain levels, in order for individuals to survive, then their chosen "employment" becomes "hiring ourselves to rivet their (the government's) chains on the necks of our fellow-sufferers."
Consider: in 2011, where are America's levels of employment highest? Is it in the once-thriving private sector, or in the ever-increasing government sector?
Have we reached that final phase of what Jefferson described as a logical end to what begins as letting "our rulers load us with perpetual debt"--a state where we actually become participants by "hiring ourselves" to make slaves of our fellow citizens?
The bottom line is if you tax everyone 100% you couldn’t feed this bottomless pit called liberalism!
IT IS TIME TO TAKE BACK OUR GOVERNMENT AND FREEDOM FROM THESE FOOLS!
This may not be the proper place to ask this, but I have wondered about something in regards to these percentages. Do they consider strictly the AGI on the tax form? Do they account for filing status? For instance, if my wife and I make $100,000 combined and file jointly, are we in the same percentile as an individual making $100,000? I mean a couple making $120,000 with 2 or 3 kids probably has a markedly different amount of disposable income than a 25-year old single guy making the same amount.
Just wow.
Michael Daly unwittingly provides a fascinating glimpse into the workings of the confused leftist mind.
Immediately after chastising “Tea Party Republicans” for being “servants, toadies of the most reckless and grasping of the rich”, what does he do?
He toadies up to that most reckless and grasping rich fool, Mayor Bloomberg. Pot calling kettle black alert...
Can you say “cognitive dissonance”?
Roughly half of the people in this country are parasites living of the hard work of others. They should eat dog s__t and leave the producers alone.
Roughly half of the people in this country are parasites living of the hard work of others. They should eat dog s__t and leave the producers alone.
"At the constitutional convention, when Franklin was older in his life and his body was starting to fail him, he wrote a letter which was read aloud by a fellow founder, James Wilson. In that letter, here's the whole paragraph of what Franklin says:
"Besides these evils, Sir, tho' we may set out in the beginning with moderate salaries, we shall find that such will not be of long continuance. Reasons will never be wanting for proposed augmentations. And there will always be a party for giving more to the rulers, that the rulers may be able in return to give more to them. -Hence as all history informs us, there has been in every State & Kingdom a constant kind of warfare between the governing & governed: the one striving to obtain more for its support, and the other to pay less. And this has alone occasioned great convulsions, actual civil wars, ending either in dethroning of the Princes, or enslaving of the people. Generally indeed the ruling power carries its point, the revenues of princes constantly increasing, and we see that they are never satisfied, but always in want of more. The more the people are discontented with the oppression of taxes; the greater need the prince has of money to distribute among his partizans and pay the troops that are to suppress all resistance, and enable him to plunder at pleasure. There is scarce a king in a hundred who would not, if he could, follow the example of Pharoah, get first all the peoples money, then all their lands, and then make them and their children servants for ever. It will be said, that we don't propose to establish Kings. I know it. But there is a natural inclination in mankind to Kingly Government. It sometimes relieves them from Aristocratic domination. They had rather have one tyrant than five hundred. It gives more of the appearance of equality among Citizens, and that they like. I am apprehensive therefore, perhaps too apprehensive, that the Government of these States, may in future times, end in a Monarchy. But this Catastrophe I think may be long delayed, if in our proposed System we do not sow the seeds of contention, faction & tumult, by making our posts of honor, places of profit. If we do, I fear that tho' we do employ at first a number, and not a single person, the number will in time be set aside, it will only nourish the foetus of a King, as the honorable gentleman from Virginia very aptly expressed it, and a King will the sooner be set over us."
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