Obama's Tax The Rich Mentality

By Douglas V. Gibbs

I was listening to the radio yesterday and the polls show most people favoring the Buffet Rule.  People have been convinced we need to tax the rich, and tax them good.

The wealthy already pay most of the taxes, they already pay "their fair share" as Obama would call it. Taxing them more will not solve anything, and in reality will damage our economy even more. The wealthy are the producers, the business owners, the investors, and the job creators. Punishing them even more will harm this economy, and send more jobs out of the country.

A heavy progressive tax rate designed to punish the wealthy is the second plank of the ten planks of communism in the Communist Manifesto.

By jumping on the tax the rich bandwagon you are supporting communism in the United States.

This is not the first time the progressives have gone after the rich, either.  The Bailey Bill, and the 16th Amendment that created our income tax were originally "soak the rich" schemes. And what happened? The income tax designed only to tax the rich in 1913 became during the 30s a payroll tax that hammers all of us. When they say they will only tax the rich, the political establishment is lying to you. First of all, those taxes will eventually include everyone. Second, how does it makes sense to go after the producers of society, and the job creators, during a time of economic upheaval?

Have you ever have been hired by a poor person?

Obama, however, is not happy with the way things are going. He is pushing harder, demanding Congress pass his tax the rich garbage, or else he will go over their heads - sounds like a dictator wannabe to me.

Don't be fooled, don't fall for the rhetoric, Obama's tax the rich mentality is a Marxist idea. It is the proletariat versus bourgeois mentality that led to the Russian Revolution and the rise of the communist dictatorship called the Soviet Union, or Communist China, or North Korea. . .

-- Political Pistachio Conservative News and Commentary

Obama: Pressure Congress to Raise Taxes on Wealthy - Washington Times

The Bailey Bill of 1909, and the Creation of the Federal Income Tax - Political Pistachio