Skip to comments.O'Reilly: Dems to push for wealth tax (confiscation of private property)
Posted on 11/28/2012 8:12:21 PM PST by pabianice
Far from compromising, Dems will push for a "wealth tax" to take money away from people who they say have too much. Also, not one cut in Medicare, Medicaid, Social Security, or Obamacare. They are tripling down again. Meanwhile, Repubs in the House are already talking about tax increases.
We have the house the most they get it the return to 2001 tax rates...ignoring baked in increases in Obamacare and stimulus bill taxes on cigarettes.
Well, that ought to drive the price of precious metals and diamond through the roof!
oh....and guns and ammo, too!
So tax increases are a done deal.
The only questions are “whose taxes?” and “how much?”
Marc Lamont-Hill, went on to say he likes the idea, as “it could make this country even more democratic and fair”....
I’m telling you folks, we need an effective way to attack this notion that the government job is manage “fairness”!
This is what happens when you let concepts like “social justice” run unchallenged.
It isn’t a joke. When I was a kid, at tax time our mom would not allow us kids to answer the door to anyone. A tax person would come to the house and see what you had..TV you faced a luxury tax, a silver tea service...you got to pay taxes on in..any valuable paintings? yep taxed again even though when you first bought the item you paid taxes...
I guess if you refused to pay the taxes they took it....outright theft. 0bama and his commie mafia will do this..Gestapo tactics coming our way. If you have anything valuable...find a way to hide it.
First, they get to inspect my gun collection!
Ok....maybe just my ammo collection...
Good Lord. Why am I seeing the playing out of “Hunger Games” for my own kids?
The same strategy they always use. Call for something completely over the top, call for Republicans to compromise, Republicans compromise, Democrats get all of what they really wanted all along.
This is exactly how Hugo Chavez has succeeded in Venezuela. He does not strive to be an outright dictator with 99% of the vote like Saddam Hussein. He is a dictator of the 51%, who steals from the 49%. And the 51% keep voting him in.
It is high profile rich limo-liberals who are demanding higher taxes but they know they will not pay because they shield their income with tax loops like activist lefty foundations.
If we are going to meet their demands, we have to target and really make them pay. We have to cut their loopholes and raise their rates as they requested. Then that will be that for limo-liberals and democrats.
Republicans have to start paying back these elitists with policy targeting them. 96% of ivy leaugers paid to support liberals...they should be looking over their sholders every step of the way for Republicans to gouge their institutions. The GOP needs to start fighting against it’s elitist enemies for real.
Hollywierd and Network tee vee needs big taxes on their businesses, too. They are purely a force of the raical left. Why are Republicans protecting entertainment industry’s copyright protection activism? Let them go under and protect real business copyrights. Be selective on who the GOP supports based on who is pushing for communism. Make the communists bleed.
I just watched that movie tonight. Darn good movie. I can see this in the future. The elite party members will live in riches, some will be “workers” and many will be dead.
So this is how life is in Russia..people wanted this crap, they wanted to live under Communism, this is the nightmare that many envisioned, where you have the Govt coming to your house, counting your stuff, and taxing it as they see fit
I can answer that! I don’t make near the $250000 but I will bet money that mine go up! I will somehow be $2 over whatever limit they set, it’s just the way it works with these worthless POS
So the GOP isn’t even calling for dollar for dollar tax hikes vs spending cuts. They’re just going to fold over with asking anything in return. So basically we have a National Front government with the GOP being a satellite party of the ruling socialist government.
Did you see the leftist idiot “Professor” Marc LaMont Hill? He is stupider than Juan Williams. Even O’Reilly knew he was talking to an idiot.
these aholes are driving the economy
right into the sewer
My god, how the hell did we get here so fast? I mean, I saw the train down the tracks but it wasn’t so long ago it seemed pretty far off in the distance.
“The only questions are whose taxes? and how much?
I’m pretty sure that everyone not at the current poverty level will be taxed up the wazoo by the end of four years.
It doesn't surprise me they'd be considering it though. I saw Michael Moore pushing a wealth tax during the hubbub in Winsconsin. He said the answer to Wisconsin's budget problems was to ignore Scott Walker and instead just lay a direct tax on Wisconsin's wealthy. Of course that would've been state not federal, but the general idea is obviously dancing like sugar plums in leftist heads.
“The trick... is figuring out how do we structure government systems that pool resources and, hence, facilitate some redistribution, because I actually believe in redistribution, at least at a certain level, to make sure that everybody’s got a shot,” Obama said.
Obamanation Communism File.
Don’t know if you’ve read or seen “City of Ember”....but it is another great one. The ‘time capsule’ in the movie (to me) represents our Constitution that was forgotten. They ended up living underground and eventually got a dictator who was hording all of the food. All jobs were ‘chosen’ for them by the ‘state’. Just like the communists.
“Wealthy”...anybody with a pot to piss in. They plan to confiscate your pot so you’ll only be able to use federally approved piss plans.
“My god, how the hell did we get here so fast?”
All one has to do is look at Education, K thru Grad School, and the media, to know the reason America has gone down the drain.
The Communist knew where to concentrate their power and influence. It also moves in geometric progression.
I am so happy that I got out ten years ago.
It is no longer my America, and unlikely that I will even return for a visit.
I’m not envious of honestly-earned wealth and I don’t really support a wealth tax. But it would be nice to see how far the idea gets and watch liberal rich b!tches from Roseanne Barr to Warren Buffet squirm.
For Chrissakes, some guy wrote an opinion article about those that had generators during Superstorm Sandy - saying it wasn't fair that some people had them and others didn't ...
My god, how the hell did we get here so fast? I mean, I saw the train down the tracks but it wasnt so long ago it seemed pretty far off in the distance.
I guess I noticed it when I moved back from the UK around 2000.....with a fresh perspective and I finally woke up from living there. I spoke to my family that I was worried about what I saw happening to our country and what I saw coming....and that the populace, in general, were (Oprah lovin’) stupid (as the UK, in general, who are obsessed with tabloid crap). Not to mention the BBC is VERY anti-American....as is most British media.
this is the reason that Warren Buffet is so adamant about the rich paying more in taxes...He is trying to avoid this very “wealth tax” at all costs I think that it is the worst idea since the inheritance tax...
In Kelo, the court ruled that an eminent domain taking must be for a public use, and that the higher taxes gained by more profitable use by a different owner would be a public good. In other words, a public good was a valid public use.
Now they are saying that it is a public good to take more property from a wealthy private owner, but without fair compensation.
Later on, Dennis Miller said that calling Obama a “socialist” is an understatement (words to that effect).
O’reilly is pretty hot about this, I’d give him 6 months til he does finally call Obama a socialist.
People like him will be the end of this country. The Dems have successfully convinced 90+% of blacks that they are morally justified in having the government steal every dollar that isn’t nailed down and giving it to them. Mark my words, *nothing* will satisfy them. In their minds they are owed centuries’ worth of reparations.
Should the government start confiscating private wealth, I *WILL* be looking for a place to live outside the U.S. I have family in Greece but that isn’t a viable destination anymore, so I’d most likely be looking at land in the Phillipines. With what I’ve saved I should have little trouble affording a decent home.
O’Reilly dismantled “Dr.” Mark whatever-his-name-is in this argument.
Basically, if this “wealth tax” is instituted, the government will be able seize some of your property...or the tax value of it.
Progressives are truly mentally disturbed.
Kelo is the MOST f'd up ruling SCOTUS has made since Dred Scott ...
The only silver lining in this whole mess is that AFTER New London acquired the properties, Pfizer BACKED OUT of its pledge to continue to build its campus, and the New London City Council was left holding their di*ks in their hands - and NO extra tax revenue ...
If the residents had been allowed to reamin - at least the city would still have gotten the property taxes on the old homes ...
A wealth tax is a direct tax and therefore explicitly forbidden by that Constitution thing, unless apportioned according to the census, which wouldn’t work for a wealth tax.
If one owns several cars for several homes, and has trust funds of stocks, but not a lot of cash lying around, then will they be forced to sell off property just to pay the tax each year?
How is selling a home in order to pay a tax on the wealth gained from owning the home in the first place, any different than an outright eminent domain taking of the home by the government?
What is this Constitution you speak of, and what bearing does it have on our government these days?
Keep poking the tiger. ...Poke him. ...Poke him again.
Lexington and Concord happened that way.
And Fort Sumter happened that way too.
“Id most likely be looking at land in the Phillipines. With what Ive saved I should have little trouble affording a decent home.”
I live on Cebu.
Feel free to ask me for information.
Yes, life here is cheap, but you can not own property or business.
Those that do, have it in the name of their Philippine wife.
You can, however, get a long term lease, as much as fifty years, and build a house on it.
I knew a Brit that did that, and started construction on three homes, as he could own the house, but not the ground that it was built on.
Unfortunately, he died before the first house was completed.
I have been here for four years now, and happy as a clam.
It is not, however, for everyone.
You MUST have the right “attitude” and disposition, as well as a Philippine wife.
One way is to agree and then demand fairness where they would not want it..challenging the concept of fairness. For instance, it isn’t fair that Mexico does not open its borders and opportunities to us, it is not fair that men still have to pay alimony to wives with educations and careers, it is not fair that women do not register at 18 years of age but men must, it is not fair that people are allowed deductions for children when they are using more services than those without children, it is not fair that unemployed people have more free time than those who are employed, it is not fair that classrooms are geared towards average kids, leaving bright kids to fend for themselves...and on and on and on.
Your post is spot on, but don’t leave the country. Come to Texas. I think before something as vile as this “wealth tax”
is passed, Texas, and maybe some other very red states such
as Oklahoma and Alabama - roll tide- will have said enough is
enough and will begin a serious process to put in place some
kind of an organized “boycott” of the Federal System.
The point is. Don’t run away. Begin to fight.
After hearing of the skirmishes at Lexington and Concord, at
his home in Mount Vernon, George Washington said this:
“the once-happy and peaceful plains of America are either to be drenched in blood or inhabited by slaves. Sad alternative! But can a virtuous man hesitate in his choice?”
Will you be a tax slave to the takers? or will you fight?
The only truth, the only thing you need to understand is that it is not possible for the United States to tax its way out of its deficits.
The more taxes you give Government the more money it spend even beyond the additional taxes.
You stop deficits only by cutting spending.
Wow! Where was this... in Ireland?
...”Bitch and moan - bitch and moan, thats all they do about the wealthy ...
For Chrissakes, some guy wrote an opinion article about those that had generators during Superstorm Sandy - saying it wasn’t fair that some people had them and others didn’t” ...
Because all of us are different, there will be no end to this madness. The irresponsible who never think ahead always depend on stealing the preparations others have made toward the future when hard times hit. Now, they are using government to do their stealing for them. It was either BRAVE NEW WORLD or 1984 which described this evil going so far as to demand that those born better looking than most should have enforced cosmetic surgery to make them equal to the rest. There is no floor to this kind of warped criminality.
Total surrender of liberty. i’ll bet Marc Lamont the “commie” is a recipient
of affirmative action. He supposedly has a PhD in sociology, African studies.
Whatever it’s a useless degre except for socialist indoctination.
That commie Lamont is representative of the Black socialist which 99%
of them belong.
If we coming to real class warfare It will also be racial warfare.
I thought that the ownership of private property was the cornerstone of our republic. What is going on here?
What country was this that they taxed you on your silver tea service?
Invented by Arthur Laffer, the "Laffer Curve" shows the relationship between tax rates and tax revenue collected by governments. The chart below shows the Laffer Curve:
The curve suggests that, as taxes increase from low levels, tax revenue collected by the government also increases. It also shows that tax rates increasing after a certain point (T*) would cause people not to work as hard or not at all, thereby reducing tax revenue. Eventually, if tax rates reached 100% (the far right of the curve), then all people would choose not to work because everything they earned would go to the government.
This curve also suggests that as more money in taxes is taken from the wealth producers, less money is available to grow the economy through new innovations and capitol investments. Wealth in the hands of the individual is like gasoline in the tank of a taxi. The more gasoline in the tank, the further the taxi can go to make profits. The more profits, the more taxis can be purchased to make more profits and, of course, to purchase more gasoline.
This hatred of the wealthy on a national level began with William Jennings Bryan, the leader of the Progressive movement, combining his moral crusade against atheism and secularism with an even more vigorous crusade against Big Business. This movement reached its ultimate consequence with the election of Theodore Roosevelt. It is ironic that this champion of Progressivism was a Republican. Republicans in the past have licked the boots of our nation's enemies in order to gain power.
“So this is how life is in Russia..people wanted this crap, they wanted to live under Communism,”
Many Russians didn’t opt for Communism; Lenin and a small group took over a few key cities, and the rest was history. 20 years later the Axis invasion showed how unpopular the Communists were, as people flocked to support the Axis. The Communists only stemmed the flow by sending provocateurs behind the lines to harass the invaders; the response drove many of those people back to Stalin’s side (the USSR publicly admitted this under Gorbachev).