Friday, November 26, 2010

The Rich Liberal Freak show

A group of eighty liberal freaks has released a letter claiming that it is their “patriotic duty” to ask Obama to raise their taxes.

First, we know they are lying because they are liberals. Second, this is not about raising their taxes. If they feel so strongly, they could simply contribute their wealth to the government. “A voluntary tax system doesn’t work,” one of them whined in an interview.

More telling was another signer to this letter who candidly admitted, he used an accountant to find deductions on his income taxes.

Not surprisingly, almost every name on the list is a big time donor to the Democratic Party. They range from Ben Cohen of Ben and Jerry’s Ice Cream (memo to patriots: We don’t need tax increases to reduce his wealth, just don’t buy his ice cream) to Men’s Warehouse CEO George Zimmer (memo to patriots, Joseph A. Banks is a better choice).

Here is the dirty secret that these millionaires do not mention.

First, they are not patriotic.

Second, their taxes are not going to go up. They have accountants and tax lawyers to make sure they pay a minimum tax.

Finally, this is about competition. Like all liberals, these guys don’t like competition. They do not want new members coming into the millionaire club. The income tax taxes income, not wealth. You need income to create wealth, but you once you have created wealth, you do not need a great income. The people who will be hurt by this are people like you and me. The people who will be affected the most by this are entrepreneurs. These are the people that will be tomorrow’s millionaires. But taxes the way these fools want it raised will only make it more difficult or impossible for people to become millionaires and realize the American dream.

The real story here is the tax code. We have a byzantine tax code that is loaded with exceptions and exemptions for special interests. It is so complicated that it takes lawyers and accountants to figure the mess out. Among lawyers, one of the most in demand credentials is the Masters of Law in Taxation.

This insanity has to stop.

We have a spending problem. Even the fools who signed this letter give lip service to that. We will never bring spending under control unless we cap spending and create a tax system that prevents the endless, easy expansion of government.

Meanwhile, as Americans struggle to make ends meet with a weak economy, we desperately need a stimulus. Tax cuts for all is the only stimulus left

Meanwhile, I suggest the liberals who signed this letter put their money where their mouths are. Let each of them do their own taxes without any deductions and in addition, stroke a check to the government for at least one million dollars. Then we will start listening to them.

Otherwise, they are simply more lying liberals.

 

NOTE:  From a link of the Tea Party Nation

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