Tax The Rich Democrats Will Destroy Our Country

Tax The Rich Democrats Will Destroy Our Country

Tax The Rich Democrats Will Destroy Our Country

The Democrats running in the 2020 Presidential Election, so far, are not hiding who they are. They are coming for the wealthy. They are going to tax the wealthy because they, the wealthy, have too much money. The Democrats are greedy for power and running on envy.

From Bloomberg/Quint.com:

Some of the top Democratic presidential candidates are trying to make a name for themselves by calling for higher taxes on the wealthy. And for some wealthy donors, that’s not a problem. Senators Elizabeth Warren of Massachusetts and Bernie Sanders of Vermont are focusing their 2020 campaigns on trendy new tax-the-rich plans, like Warren’s 2 percent wealth tax or Sanders’ expanded estate tax, as they make their cases against President Donald Trump. The proposals are exciting small-dollar political donors — and so far aren’t scaring off wealthy contributors, said Rachael Rice, who advises Maryland Democrats on fundraising. Those deep-pocketed donors are more motivated to unseat Trump than worry about their own wallets, she said.

So the deep-pocketed donors hate Donald Trump more than they love the fruits of their labor, their family, or their country. That’s some real Trump Derangement Syndrome.

Like her fellow travelers, Barack H. Obama and Alexandria Ocasio-Cortez, Elizabeth (insert preferred aboriginal joke name here) Warren displays an ignorance of basic economics and a disdain for the work ethic of the American people. For instance:

“There is nobody in this country who got rich on their own. Nobody. You built a factory out there – good for you. But I want to be clear. You moved your goods to market on roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn’t have to worry that marauding bands would come and seize everything at your factory… Now look. You built a factory and it turned into something terrific or a great idea – God bless! Keep a hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along.”

Warren initially put forth her plan in an op-ed in The Wall Street Journal. She pointed to a shift in corporate behavior from focusing on shareholders, employees and other priorities to focusing mostly just on those who own the stock.

“Before ‘shareholder value maximization’ ideology took hold, wages and productivity grew at roughly the same rate. But since the early 1980s, real wages have stagnated even as productivity has continued to rise. Workers aren’t getting what they’ve earned,” she wrote.

We’ve had enough of rich corporations taking whatever they want and expecting everyone else to pick of the pieces. The time for freeloading is over.”

Look in the mirror, Granny Warren. From what I can see of your career (pardon the expression), you are guilty of everything you state above. Project much. Why don’t you, Barack Obama and AOC go drool somewhere and let those with real brains and real resumes take care of the country.

And, then there is “Crazy Uncle Bernie” Sanders:

Trickle down economics is a fraud. Giving tax breaks to the rich and large corporations does not create jobs. It simply makes the rich richer, enlarges the deficit and increases income and wealth inequality. We need economic policies which benefit working families, not the billionaire class.

I do believe that billionaires and multi-millionaires should be paying more in taxes.

The future of the Democratic Party, the future of this country is involving young people in the political process, getting them to stand up for their rights, dealing with student debt, which I got to tell you is just crushing people all over this country, making public colleges and universities tuition free, those are the ideas we are bringing out, demanding the wealthy and large corporations start paying their fair share of taxes. This is what younger people, working class people want. That is the future of the Democratic Party.

Okay, Bernie. I am going to use small words here. Corporations start out as small companies. By offering goods and services that people will pay for, they grow. They hire competent people to whom they pay good wages. Those people sometimes leave to start their own company and the process begins again. This is as true for the plumber and the electrician as it is for the investment banker and corporate raider.

Watch Bernie get into it with a business owner at the end of the Obama Administration:

Geez, Bernie.

And, don’t even get me started on student debt. Until the Federal Government got involved in education, tuition was affordable. Now tuition is through the roof and going up annually. Student debt belongs to the student. I didn’t take out the loan. I didn’t get a say in what the student studied. Did we need art history or sociology majors? Was that student right for college? Maybe she needed to be an electrician’s apprentice. Why should I be responsible for that major league mistake. Bernie Sanders you are a greedy, envious dolt. And, I apologize to dolts.

Finally, I want to talk about Howard Schultz. From Politico.com:

Appearing in a prime-time CNN town hall on Tuesday, Schultz demurred after repeatedly being pressed by moderator Poppy Harlow to provide a rate.

“The headline is here: I should be paying more taxes,” Schultz said. “And people who make this kind of revenue, and are of means, should pay more taxes.”

Look Howard and Warren Buffett and any other really rich dude who thinks he should pay more in taxes. The treasury takes checks. If you want the government to have more of your money, the IRS will take it, no questions asked. You can give the government all of your money and start all over, like have a new adventure. Tell your accountant to make out a check to the Department of the Treasury. I am sure your accountant knows the address.

This kind of greed, envy and ignorance will tear the country apart. I am going to do my itsy bitsy part to make sure that doesn’t happen. The wealthy people better get wise to these vile cretins.

Photo Credit: Pixabay/johnhain/Pixabay License

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7 Comments
  • Dietrich says:

    Ammunition will be the currency of the 21st century.

  • windbag says:

    This Bill Whittle video is from eight years ago, but is still relevant. Basically, tax the wealthy at 100% to pay for the federal budget and you can pay for one year, but then you have nothing to tax so you can pay for next year. I say this all the time: I can tolerate others’ views about the scope of the government’s role in our lives, but I can’t tolerate it when they’re simply bad at math; that’s when I call bull.

    https://www.youtube.com/watch?v=661pi6K-8WQ

  • GWB says:

    Tax The Rich Democrats Will Destroy Our Country
    Did you forget a comma in there? Because taxing the rich Democrats probably won’t destroy our country. Taxing all the rich, however, Democrats will destroy the country.

    Just remember:
    “I love three things: eating family and not using commas.”

  • GWB says:

    They are coming for the wealthy.
    Meh… not really.
    Remember, they want to be members of that club, enjoying power, perks, and filthy lucre, just as much as the next wannabe aristocrat.
    However, they want you to THINK they are coming for the wealthy, because they use that politics of envy to achieve their own power. There has never been passed in the whole history of our country a wealth or income tax that didn’t have all sorts of loopholes and evasion techniques built-in. The rich can afford to hire attorneys and accountants to squirrel away their wealth.

    2 percent wealth tax
    Like this – “wealth” will have to be defined, and it will be defined in a way that will allow those wealthy donors to evade this tax. I’d bet my paycheck on it.

    Those deep-pocketed donors are more motivated to unseat Trump than worry about their own wallets
    Because Trump threatens their sinecures, their graft, and their wool-pulling. The taxes can be evaded with a little application of some political donations, but the destruction of the coming technocratic state cannot. At least, not without defeating Trump.

    You moved your goods to market on roads the rest of us paid for.
    Wow. I have never seen the extortion inherent in communism laid out so blatantly by an American politician before. (OK, maybe Hillary’s “We’re going to have to take your money away” comment, but that was really plain theft, not extortion.)

    a shift […] from focusing on shareholders […] to focusing mostly just on those who own the stock
    Um, Lieawatha? Those ARE the stockholders! That’s what the word f*ing means, you imbecile!
    As to focusing on maximizing the price of stock? You and your ilk in Congress are to blame for that. You decided to tax dividends at a higher rate, and provide for a capital gains tax, which eliminated the incentive to simply build a solid company and keep-on-keepin’-on. No, now you have to grow, grow, GROW, GROW to enable your investors to make money. So, F U and the palomino you rode in on.

    Workers aren’t getting what they’ve earned
    No, but the voters are. Good and hard.

    The time for freeloading is over.
    That’s a pretty rich line coming from a politician. She’s been living off our taxes for… how long, now?

    let those with real brains and real resumes take care of the country
    I’m gonna push back on this. Because letting “smart” people “take care” of the country is how we got INTO this mess. I want people – smart or not – who will simply repeal vast amounts of federal legislation and eliminate executive departments and agencies, and cut regulation. Let ME take care of myself and the country will be taken care of.
    (That might be what you meant, but I think that clarification was necessary for those Republicans who want a more efficient nanny state, rather than eliminating it altogether.)

    Giving tax breaks […] enlarges the deficit
    No, Bernie, SPENDING enlarges the deficit. Tax breaks grow the gov’t’s revenue (up to a point).

    By offering goods and services that people will pay for, they grow.
    Then they start paying pols to pass regulations as barriers to entry for competitors. This is why getting gov’t out of as much as possible is the only way to reduce graft and corruption (and the politics of envy).

    And, don’t even get me started on student debt.
    Another case of the gov’t creating a problem, so they can ride in and save us from the problem – with more gov’t.

    make out a check
    Hey, I have a modest proposal! How about we combine some of the favorite problems of the progs into one neat solution? We up the inheritance tax above, say, 10 million dollars. Then we start offing the rich – starting with anyone who has more than two homes valued over, say, 1/4 million dollars? The inheritance tax will end up taking their money (we might have to off a few generations right in a row, but hey! you can’t make an omelet and all that! Right?), we reduce the population of the earth (helping the Malthusians out), and we can put the antifa goons to some productive work. (What? You didn’t think I was going to stain my soul with that dirty work, did you?)
    I see it as a win-win-win!

    Sadly, Toni, the wealthy very often ARE “these vile cretins”. They want to solidify their membership in the technocracy. They just want it to be as exclusive as possible, which means keeping anyone else from attaining that wealth and power.

  • czrpb says:

    im looking forward to paying a 100% marginal tax over $10million!

  • Mark Gist says:

    Warren’s whole “You didn’t build that” bit acts as if corporations got goods and services free of charge. In fact, they paid for all of them with corporate income taxes at the state and federal level (and at the time she wrote that they were the highest in the world), property tax, water and sewer fees, gas taxes and taxes on dividends which were paid out of profits that had already been taxed. Warren seems blissfully unaware of any of that and so are her admirers.

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