Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

O'Reilly: Dems to push for wealth tax (confiscation of private property)
O'Reilly Show/Fox | 11/28/12

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.


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: vanity
Navigation: use the links below to view more comments.
first 1-5051-60 next last
The agony continues.
1 posted on 11/28/2012 8:12:29 PM PST by pabianice
[ Post Reply | Private Reply | View Replies]

To: pabianice

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.


2 posted on 11/28/2012 8:16:12 PM PST by ilgipper (Obama supporters are comprised of the uninformed & the ill-informed)
[ Post Reply | Private Reply | To 1 | View Replies]

To: pabianice

Well, that ought to drive the price of precious metals and diamond through the roof!

oh....and guns and ammo, too!


3 posted on 11/28/2012 8:18:11 PM PST by G Larry (Which of Obama's policies do you think I'd support if he were white?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: pabianice

So tax increases are a done deal.

The only questions are “whose taxes?” and “how much?”


4 posted on 11/28/2012 8:19:32 PM PST by lightman (If the Patriarchate of the East held a state like the Vatican I would apply for political asylum.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: pabianice

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.


5 posted on 11/28/2012 8:22:58 PM PST by G Larry (Which of Obama's policies do you think I'd support if he were white?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: G Larry

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.


6 posted on 11/28/2012 8:22:59 PM PST by celtic gal
[ Post Reply | Private Reply | To 3 | View Replies]

To: celtic gal

First, they get to inspect my gun collection!

Ok....maybe just my ammo collection...


7 posted on 11/28/2012 8:25:15 PM PST by G Larry (Which of Obama's policies do you think I'd support if he were white?)
[ Post Reply | Private Reply | To 6 | View Replies]

To: celtic gal

Good Lord. Why am I seeing the playing out of “Hunger Games” for my own kids?


8 posted on 11/28/2012 8:26:15 PM PST by RushIsMyTeddyBear (Great vid by ShorelineMike! http://www.youtube.com/watch?v=KOZjJk6nbD4&feature=plcp)
[ Post Reply | Private Reply | To 6 | View Replies]

To: pabianice

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.


9 posted on 11/28/2012 8:27:34 PM PST by Husker24
[ Post Reply | Private Reply | To 1 | View Replies]

To: pabianice

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.


10 posted on 11/28/2012 8:28:10 PM PST by Vince Ferrer
[ Post Reply | Private Reply | To 1 | View Replies]

To: pabianice

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.


11 posted on 11/28/2012 8:28:11 PM PST by SaraJohnson
[ Post Reply | Private Reply | To 1 | View Replies]

To: celtic gal
Yikes! Where were you living at the time you say that taxmen came to your house to confiscate undeclared valuables...was it Ireland?

Leni

12 posted on 11/28/2012 8:29:31 PM PST by MinuteGal (Please Restore Former Format on FR "Latest Posts" Page ASAP !)
[ Post Reply | Private Reply | To 6 | View Replies]

To: RushIsMyTeddyBear

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.


13 posted on 11/28/2012 8:30:19 PM PST by Terry Mross (I haven't watched the news since the election. Someone ping me if anything big happens.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: pabianice

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


14 posted on 11/28/2012 8:30:39 PM PST by Sarah Barracuda
[ Post Reply | Private Reply | To 1 | View Replies]

To: lightman

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


15 posted on 11/28/2012 8:31:18 PM PST by nobamanomore
[ Post Reply | Private Reply | To 4 | View Replies]

To: pabianice

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.


16 posted on 11/28/2012 8:32:59 PM PST by garbanzo (It's the end of the world as we know it and I feel fine)
[ Post Reply | Private Reply | To 1 | View Replies]

To: pabianice

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.


17 posted on 11/28/2012 8:37:28 PM PST by ozzymandus
[ Post Reply | Private Reply | To 1 | View Replies]

To: pabianice

these aholes are driving the economy

right into the sewer


18 posted on 11/28/2012 8:40:51 PM PST by faithhopecharity (--)
[ Post Reply | Private Reply | To 1 | View Replies]

To: pabianice

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.


19 posted on 11/28/2012 8:41:11 PM PST by riri (Plannedopolis-look it up. It's how the elites plan for US to live.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: lightman

“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.


20 posted on 11/28/2012 8:42:22 PM PST by freeangel ( (free speech is only good until someone else doesn't like it)
[ Post Reply | Private Reply | To 4 | View Replies]

To: pabianice
So he's saying the Dems want to tax not just income but actual wealth? If so, that would be crossing a huge new line. In fact I'm not even sure it would be constitional for the federal government to do that (after googling a little bit, it clearly would not).

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.

21 posted on 11/28/2012 8:46:17 PM PST by Yardstick
[ Post Reply | Private Reply | To 1 | View Replies]

To: pabianice

http://www.breitbart.com/Big-Government/2012/09/18/Obama-Admitted-He-Believed-In-Redistribution-In-1998-Philosophy-Contrasts-With-Romney-s

“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.


22 posted on 11/28/2012 8:46:33 PM PST by gov_bean_ counter (Hope and Change has become Attack and Obfuscate.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: pabianice

Obamanation Communism File.


23 posted on 11/28/2012 8:46:41 PM PST by Graewoulf ((Traitor John Roberts' Obama"care" violates Sherman Anti-Trust Law, AND the U.S. Constitution.))
[ Post Reply | Private Reply | To 1 | View Replies]

To: Terry Mross

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.

http://www.youtube.com/watch?v=kkSFsbv6eUg


24 posted on 11/28/2012 8:46:59 PM PST by RushIsMyTeddyBear (Great vid by ShorelineMike! http://www.youtube.com/watch?v=KOZjJk6nbD4&feature=plcp)
[ Post Reply | Private Reply | To 13 | View Replies]

To: pabianice

“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.


25 posted on 11/28/2012 8:49:23 PM PST by ProtectOurFreedom
[ Post Reply | Private Reply | To 1 | View Replies]

To: riri

“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.


26 posted on 11/28/2012 8:50:57 PM PST by AlexW
[ Post Reply | Private Reply | To 19 | View Replies]

To: pabianice

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.


27 posted on 11/28/2012 8:51:47 PM PST by PLMerite (Shut the Beyotch Down! Burn, baby, burn!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: pabianice
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 ...

28 posted on 11/28/2012 8:54:03 PM PST by Lmo56 (If ya wanna run with the big dawgs - ya gotta learn to piss in the tall grass ...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: riri

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.
________________________________________________________

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.


29 posted on 11/28/2012 8:55:33 PM PST by RushIsMyTeddyBear (Great vid by ShorelineMike! http://www.youtube.com/watch?v=KOZjJk6nbD4&feature=plcp)
[ Post Reply | Private Reply | To 19 | View Replies]

To: pabianice

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...


30 posted on 11/28/2012 9:04:27 PM PST by terycarl
[ Post Reply | Private Reply | To 1 | View Replies]

To: pabianice
This rationale is in line with the Kelo ruling of SCOTUS. A wealth tax is an eminent domain taking of your property by the government.

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.

-PJ

31 posted on 11/28/2012 9:07:51 PM PST by Political Junkie Too (If you are the Posterity of We the People, then you are a Natural Born Citizen.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: pabianice

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.


32 posted on 11/28/2012 9:08:39 PM PST by bigbob
[ Post Reply | Private Reply | To 1 | View Replies]

To: ozzymandus

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.


33 posted on 11/28/2012 9:11:12 PM PST by Windcatcher (Obama is a COMMUNIST and the MSM is his armband-wearing propaganda machine.)
[ Post Reply | Private Reply | To 17 | View Replies]

To: bigbob

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.


34 posted on 11/28/2012 9:13:03 PM PST by woweeitsme
[ Post Reply | Private Reply | To 32 | View Replies]

To: Political Junkie Too
This rationale is in line with the Kelo ruling of SCOTUS.

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 ...

http://www.nytimes.com/2009/11/13/nyregion/13pfizer.html

35 posted on 11/28/2012 9:18:59 PM PST by Lmo56 (If ya wanna run with the big dawgs - ya gotta learn to piss in the tall grass ...)
[ Post Reply | Private Reply | To 31 | View Replies]

To: Political Junkie Too

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.


36 posted on 11/28/2012 9:21:10 PM PST by Yardstick
[ Post Reply | Private Reply | To 31 | View Replies]

To: Yardstick
My problem with a wealth tax, at least as it was discussed on the show, is how to pay the tax if your wealth is tied up in property?

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?

-PJ

37 posted on 11/28/2012 9:35:47 PM PST by Political Junkie Too (If you are the Posterity of We the People, then you are a Natural Born Citizen.)
[ Post Reply | Private Reply | To 36 | View Replies]

To: Yardstick

What is this Constitution you speak of, and what bearing does it have on our government these days?


38 posted on 11/28/2012 10:02:44 PM PST by Dr.Deth
[ Post Reply | Private Reply | To 36 | View Replies]

To: pabianice

Keep poking the tiger. ...Poke him. ...Poke him again.

Lexington and Concord happened that way.

And Fort Sumter happened that way too.


39 posted on 11/28/2012 10:18:04 PM PST by NeverForgetBataan (I am become Barry... destroyer of wealth)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Windcatcher

“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.”
_________________________________________

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.


40 posted on 11/28/2012 10:26:09 PM PST by AlexW
[ Post Reply | Private Reply | To 33 | View Replies]

To: G Larry

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.


41 posted on 11/28/2012 10:46:32 PM PST by Anima Mundi (Envy is just passive, lazy greed.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Windcatcher

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?


42 posted on 11/28/2012 11:05:13 PM PST by NeverForgetBataan (I am become Barry... destroyer of wealth)
[ Post Reply | Private Reply | To 33 | View Replies]

To: pabianice

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.


43 posted on 11/28/2012 11:16:38 PM PST by SECURE AMERICA (Where can I sign up for the New American Revolution and the Crusades 2012?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: celtic gal

Wow! Where was this... in Ireland?


44 posted on 11/28/2012 11:25:54 PM PST by nutmeg
[ Post Reply | Private Reply | To 6 | View Replies]

To: Lmo56

...”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.


45 posted on 11/29/2012 12:17:22 AM PST by jazzlite (esat)
[ Post Reply | Private Reply | To 28 | View Replies]

To: G Larry

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.


46 posted on 11/29/2012 12:22:03 AM PST by ChiMark (America no more)
[ Post Reply | Private Reply | To 5 | View Replies]

To: pabianice

I thought that the ownership of private property was the cornerstone of our republic. What is going on here?


47 posted on 11/29/2012 12:52:02 AM PST by jonrick46 (The opium of other people's money.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: celtic gal

What country was this that they taxed you on your silver tea service?


48 posted on 11/29/2012 12:54:02 AM PST by jonrick46 (The opium of other people's money.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: SECURE AMERICA
"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."

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.

49 posted on 11/29/2012 1:47:59 AM PST by jonrick46 (The opium of other people's money.)
[ Post Reply | Private Reply | To 43 | View Replies]

To: Sarah Barracuda

“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).


50 posted on 11/29/2012 2:35:19 AM PST by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
[ Post Reply | Private Reply | To 14 | View Replies]


Navigation: use the links below to view more comments.
first 1-5051-60 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson