Posted by taxguru on September 17, 2015
As I have pointed out for decades, the progressive tax rate structure that punishes (and thus discourages)success in this country has always been a plank in Karl Marx’s Communist Manifesto
Plank 2. A heavy progressive or graduated income tax.
For Donald Trump to not know that fact and in fact, defend this punitive tax rate structure, is unconscionable for someone who claims to be the country’s most powerful and knowledgeable capitalist.
Trump explains to GOP rivals that taxing rich is not socialism
Trump’s claim that because we have had graduated tax rates in this country for a long time automatically means that it isn’t socialistic is ridiculous. Ben Carson most definitely wins this portion of the debate by calling out the socialist nature of graduated (aka progressive) tax rates.
Posted in Commies, TaxRates, Trump | Comments Off on Trump Flunks Basic Taxation Knowledge
Posted by taxguru on May 20, 2015
A recurring DemonRat mantra is that anyone who has done well in what they call “life’s lottery” owes every bit of that success to the government. Dims, as with their Marxist comrades, actually believe that Big Government is more important to every aspect of everyone’s existence than anything or anyone else, including God.
Ray Stevens just posted this great example of the hypocrisy of this DemonRat philosophy.
While this video doesn’t focus on it, I found it slightly ironic that one of the examples of success, Ted Turner, became a huge supporter of Marxism after he became wealthy.
Posted in Commies, Ray Stevens, video | Comments Off on “You didn’t build that”
Posted by taxguru on December 5, 2012
Rush reminds leftists what happens when taxes are hiked on the evil rich.
Posted in Commies, Rush, TaxHikes, video | Comments Off on Lesson for redistributionists…
Posted by taxguru on October 3, 2012
Who is the 47% Not Paying Taxes? – With payroll taxes being lumped into (commingled with) the general revenues and not being guaranteed to be paid back, I do have a problem with saying that anyone paying payroll taxes can be defined as not paying taxes.
Top Five Worst Obamacare Taxes Coming in 2013 – The next few years are going to be very messy for tax planning and compliance purposes.
The Marxist redistributionists aren’t just here in the USA:
As the UN opens its General Assembly session, it is already thinking up new global taxes
France hits rich and business to slash deficit – Their proposed 75% tax rate for the evil rich must be making the DemonRats in this country drool with envy.
Thousands in Germany Protest for Wealth Tax
Portugal announces ‘enormous’ tax rises
Cameron Says Further Action to Be Taken on Taxing the Rich – In the UK
Posted in Commies, TaxHikes, TaxRates | Comments Off on
Posted by taxguru on September 6, 2012
A recent report from the Tax Foundation about the Estate (aka Death) Tax is receiving some publicity for the small amount of actual tax dollars at stake, as well as the fact that it costs more to enforce the laws than the tax generates.
In a sane world, this would motivate our rulers to dispense with the Death Tax as too inefficient. That misses the real reason behind the Estate Tax.
As I have been explaining for decades, two of the main planks of Karl Marx’s Communist Manifesto are Heavy Progressive Income Tax and Abolition of all rights of inheritance. Both of these concepts are part of the DemonRat agenda, which is itself almost indistinguishable from Marx’s.
However, the real world experience is that neither one of these concepts generates more money for the government. Higher marginal tax rates actually result in less economic activity and less overall tax revenue, while lower rates encourage people to work more, with much higher revenues to the Treasury as a result.
So why would the Dims be against higher government revenues? It’s found in the first plank of the Communist Manifesto, Abolition of Private Property. Their overall goal is to reduce the amount of wealth in private hands. They would rather confiscate 90% of everyone’s income and have less government money than only take 15% with higher government revenues, because the latter would leave 85% of the income in private hands.
The same goes for the Estate Tax. They welcome any chance to reduce the amount of wealth in private ownership and couldn’t care less if it costs the government two dollars for every dollar they can confiscate from private owners. Communism has never been a logical system, nor can it ever be, even in the hands of our supposed messiah, Barrack Hussein Obama, and his gang of Fellow Travelers.
Posted in Commies, DeathTax, Estates | Comments Off on It’s not about the money…
Posted by taxguru on August 4, 2012
Obama brings back Biden pitch, suggests tax-paying ‘patriotic’ – Why can’t we all learn from our superiors? Don’t we peons know that it’s the duty of all good loyal Marxists to turn over all of our money to our imperial rulers in the government, who know how to spend it so much better than we mere mortals could possibly figure out?
Posted in Commies | Comments Off on How DemonRats define Patriotism…
Posted by taxguru on July 17, 2012
The GOP put out this great response to the White House occupant’s ridiculous claim that business owners don’t build their own companies. It’s great to see the GOP fighting back this time, unlike in 2008, when RINO John McCain wouldn’t allow any criticism of his opponent.
Posted in Commies, video | Comments Off on Rebutting 0Bambi’s Marxist Rhetoric
Posted by taxguru on July 17, 2012
France’s proposed tax hikes spark ‘exodus’ of wealthy – Can our “genius” rulers in DC learn from the mistakes made by other countries? Not likely. One trait of Marxists when faced with the facts that their ideas don’t work is the conceit that they are the magic ones who can make them work.
Posted in Commies, TaxHikes | Comments Off on
Posted by taxguru on June 21, 2012
Thomas Sowell has another excellent batch of his Random Thoughts, including this one to reinforce that “Patriotic Feeling” we are supposed to have when paying taxes.
In liberal logic, if life is unfair then the answer is to turn more tax money over to politicians, to spend in ways that will increase their chances of getting reelected.
Posted in Commies | Comments Off on Liberal logic?
Posted by taxguru on June 10, 2012
DemonRats paralyzed on tax cuts – They can’t even agree among themselves as to how to define the “Evil Rich” who need to be punished with high confiscatory tax rates. Should it be $250,000 or $1,000,000 of annual income? Marxism is just too tough to implement in real life for the retarded bozos in power.
House DemonRats Propose Increasing Minimum Wage To $10 – More brain-dead logic by the Dims, who ignore the reality of how forcing employers to pay higher minimum wages will force them to reduce the number of people they can afford to employ.
Posted in Commies, Dims, SoakTheRich | Comments Off on DemonRats continue their war on small businesses…