Thursday, November 12, 2009

What "Tax the Wealthy" Really Means

I listened to an interview on YouTube where a wealthy individual said he represented a “substantially” large group of other wealthy people who endorse raising taxes on the “wealthy” to pay for government reform in health care (slow creeping move to nationalization). The exact YouTube video is irrelevant; it’s only a back drop to my pondering. In the same video another individual said that this man had inherited the money and found it odd that those who actually earned their riches do not feel the same. Of course the individual who endorses a government take over stated that “many” of the supporters where entrepreneurs.

With Congress’s disregard for the distaste many individuals have for more government interference with everyday life, aka Health Care, they passed a 2,000 page monstrosity that none of them read completely let alone understood; In keeping with the tyranny that comes with forcing “social reforms” over harmony within the democracy, Senator Reid is considering raising taxes on those who make over $250,000 a year.

Here’s the ponderings: That “wealthy” government worshiper and his like minded “wealthy” entrepreneurs already have their mansions, and federally subsidized insured beachfront homes; along with billions of post-taxed (taxed when earned at lower rates) in the bank, who can live nicely off a modest trust say of $249,999 a year. This goes for champions of government engineered society, such as Warren Buffet; who has an uncanny ability to pick who the government is going to make a winner in the business world.

My conclusion is when they say “tax the wealthy” they, from the government is my god guy to Senator Reid and the likes of Pelosi to Warren Buffet, its all bullshit. What they really mean is tax those with the potential to become wealthy, but don’t tax the wealth we’ve already inherited or earned prior to our support of big god like government.

Here's an idea, let’s tax the “net worth” of these priests of the centralized ruling class, and see how enthusiastic they are of taxing those still trying to achieve their dreams to finance their social engineering.

Maybe this is why, for the most part, the rich and the poor vote democrat and the middle class votes republican. The middle class needs a party that actually represents them though. Could it be the L word?