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So What If Taxing Rich Hurts the Economy? (And creates more poor?)
Townhall ^ | 11/22/2012 | Larry Elder

Posted on 11/22/2012 11:09:46 AM PST by SeekAndFind

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1 posted on 11/22/2012 11:09:53 AM PST by SeekAndFind
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To: SeekAndFind

The dirty secret is there are a lot of people that want the economy to fail, having everyone else being miserable makes them happy.


2 posted on 11/22/2012 11:11:04 AM PST by dfwgator
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To: SeekAndFind

President Cloward-Piven’s only goal is to “overwhelm the system” so he can replace it with a peoples’ paradise.


3 posted on 11/22/2012 11:12:36 AM PST by E. Pluribus Unum (Labor unions are the Communist Party of the USA.)
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To: SeekAndFind

Let them OWN it and orce them to EAT it!

EBT & SNAP for everyone!


4 posted on 11/22/2012 11:17:31 AM PST by GraceG
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To: E. Pluribus Unum

We need to out cloward and piven the cloward and piveners....


5 posted on 11/22/2012 11:19:49 AM PST by GraceG
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To: SeekAndFind
Marx-Engels clearly needed to eliminate the rich AND the poor by any means and it was necessary for there system to work.

It wasn't put like this in the communist manifesto but it was expressed many times in their writings.

6 posted on 11/22/2012 11:22:57 AM PST by Steve Van Doorn (*in my best Eric Cartman voice* 'I love you, guys')
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To: SeekAndFind

Research the damage done by the luxury tax in the 1990 tax reform bill the Bush 41 signed.


7 posted on 11/22/2012 11:25:44 AM PST by Parmy
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To: Steve Van Doorn
It wasn't put like this in the communist manifesto but it was expressed many times in their writings.

They understood that if you magically transferred the wealth from the rich to the poor, the rich would get it all back within a few years.....so eliminating them permanently was the only way to solve that problem.......The Bolsheviks understood this as well during "The Red Terror":

"Do not look in the file of incriminating evidence to see whether or not the accused rose up against the Soviets with arms or words. Ask him instead to which class he belongs, what is his background, his education, his profession. These are the questions that will determine the fate of the accused. That is the meaning and essence of the Red Terror."

- Martin Latsis, chief of the Ukrainian Cheka

8 posted on 11/22/2012 11:26:38 AM PST by dfwgator
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To: SeekAndFind

Collectivism does not concern itself with the health of an economy or the wellbeing of people. It concerns itself with the consolidation of the machine.


9 posted on 11/22/2012 11:27:30 AM PST by lurk
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To: SeekAndFind

And the CBO said obummercare was going to save billions.


10 posted on 11/22/2012 11:27:54 AM PST by woodenickel
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To: SeekAndFind
Marxists/socialists are linear thinkers. They don't realize that money taken from the wealthy isn't going to come out of their mattresses...it is going to come out of investment in the economy.

The economy will contract in DIRECT proportion to the amount removed...and then, to add insult to injury, there will be the multiplier affect which means that a downward spiral in economic activity will have been created (i.e. the downward spiral will have momentum).

11 posted on 11/22/2012 11:28:06 AM PST by RoosterRedux (He will separate the people one from another as a shepherd separates the sheep from the goats)
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To: SeekAndFind
...raising taxes on the rich has no negative economic effect.

Anyone who really believes this is an idiot, pure and simple.

12 posted on 11/22/2012 11:30:52 AM PST by econjack (Some people are as dumb as soup.)
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To: SeekAndFind

More trash that ideas won’t work from “Pharaoh-Bamma, just Tax the Rich.”


13 posted on 11/22/2012 11:39:35 AM PST by SandRat (Duty - Honor - Country! What else needs said?)
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To: dfwgator

Progressives are not about helping the poor. They are about destroying the successful, prosperous, productive. They are attempting to conform the world to their dark, empty, ugly souls.


14 posted on 11/22/2012 11:40:16 AM PST by all the best (`~!)
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To: dfwgator
It wasn't put like this in the communist manifesto but it was expressed many times in their writings.

Au, contraire!

The Ten Planks of Karl Marx's Communist Manifesto
(and How Statists Implement Them)

  1. Abolition of private property rights (via high property taxes, restrictive zoning laws, "fair housing" edicts, environmental and "wetlands" regulations, UN Agenda 21, etc.)

  2. Institution of a heavily graduated income tax (by calling it "taxing the rich")

  3. Abolition of all rights of inheritance (through a confiscatory estate tax on "the rich")

  4. Confiscation of the property of enemies of the state (through lawless application of asset forfeiture and eminent domain)

  5. Centralization of credit into the hands of the state (Federal Reserve, Federal Trade Commission, TARP, Fannie Mae, Freddie Mac, federal takeover of student loans, etc.)

  6. Centralization of the means of communication and transportation into the hands of the state (FCC, DOT, FEMA, NTSB, FAA, etc.).

  7. Consolidation and subjugation of all major industries to central government control (FDA, EPA, OSHA, ICC, HUD, NLRB, EEOC, DOE, TSA etc.)

  8. Mandatory labor union membership ("card check" to bypass employee consent, automatic withholding of union dues, forced unionization of health care workers, teachers, police, firefighters, etc.)

  9. Equitable redistribution of all wealth (TANF, SSI, EITC, SNAP, etc.)

  10. Free public education (and food, housing, health care, cell phones, Internet access, etc.)

15 posted on 11/22/2012 11:42:57 AM PST by E. Pluribus Unum (Labor unions are the Communist Party of the USA.)
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To: all the best
Progressives are not about helping the poor. They are about destroying the successful, prosperous, productive. They are attempting to conform the world to their dark, empty, ugly souls.

They are about replacing the current elite with themselves, on the backs of the poor. Using the poor to do their bidding is their means to gaining power.

16 posted on 11/22/2012 11:44:24 AM PST by dfwgator
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To: SeekAndFind

Although ultimately of course whether a new company continues growing and creates self-sustaining jobs is a function of customers’ ability and willingness to pay for the company’s products, not the entrepreneur or the investor capital. What good are the tax breaks if they just go straight into the bank (where it either sits and earns interest) or get invested overseas or in companies that already have strong demand to sell products and create jobs ?

The company’s customers are who buy the company’s products that in turn creates the need for the employees to produce, sell, and service those products. If those customers go broke by tax policies that reward “the 1%” at the expense of everyone else, the demand for the company’s products will collapse. And the jobs will disappear, regardless of what the entrepreneur does.


17 posted on 11/22/2012 11:44:35 AM PST by erlayman
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To: woodenickel
First thing in every individual's budget is Democrat Mandatory Health Insurance.

If (((car or home) or anything else)If (anything left over on a part-time job salary))

All secondary to Democrat Mandatory Health Insurance

...and not ! (able to afford that 18 year old that wants on your insurance plan until 26)...

18 posted on 11/22/2012 11:46:08 AM PST by Son House (Romney Plan: Cap Spending At 20 Percent Of GDP.)
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To: SeekAndFind

Whenever the Democrats chime up with “tax the rich”, the only rebuttal should be that

“Hating and hurting other people won’t make their life any better. Democrats have long hated and tried to hurt people for their race, for their religion, and for just about every other reason. But it never, ever, either takes away their pain, or improves their lives in any way.

“So Democrats, stop hating people, stop trying to hurt people. Government can’t make your life any better, only you can. You could hate and kill every other person in the world, and you would still be miserable inside. They are not the problem. You are. But you can change yourself, even if you can’t change the world. Stop hating, stop trying to hurt people.”


19 posted on 11/22/2012 11:46:34 AM PST by yefragetuwrabrumuy (DIY Bumper Sticker: "THREE TIMES,/ DEMOCRATS/ REJECTED GOD")
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To: dfwgator
Borrowed from Jeffrey Snover's blog:

John went on to explain, “You are either right or you are wrong. If you are right and they are going to fail with their current approach, then you should be able to articulate where the design is going to fail. Use that to help them fail as quickly as possible so that they can learn the lesson and restart on the right path. You are saying that the design won’t scale so make sure everyone agrees what the scale requirements are and then arrange to have them prove that their design can meet those goals ASAP (make it one of the first coding goals). One of two things are going to be the case: 1) it scales in which case you’ve learned something and it is a good thing that you didn’t get them to change or 2) it doesn’t scale in which case they are going to have to change their approach. At that point they might take your approach or they might pick another but one way or the other, it is going to meet the scalability requirement that we’ve all agreed to.” That was a career-changing conversation for me. John was giving me my first lesson in “our job is to engineer encounters with reality”.

20 posted on 11/22/2012 11:58:33 AM PST by tacticalogic ("Oh, bother!" said Pooh, as he chambered his last round.)
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