Posted by
Middle American Radical on Friday, February 27, 2009 9:14:42 AM
So, it looks like Obama is going to cut the deficit with increased
taxes on people making more than $250,000 a year--what's left of them,
anyway. Oh, wait, he's also going to use that revenue to pay for a new
$650 billion worth of universal health care. Not sure how one dollar
can go to two places at once, but maybe Obama has changed the laws of
mathematics.
While we're at it, for the sake of absurdity, I propose a gay tax.
Let's raise the marginal rate by 5% for all taxpaying homosexuals in
America. They can afford it. Most of them don't have kids or a
partner that doesn't work to raise those nonexistent kids. The ones
that do can still claim them as tax deductions. They have enough money
for stylish clothes, grooming products, furniture, and trendy art, so
they can take an additional hit on their paychecks. A few may even
make more than $250,000, too. Wow, double tax!!! With all that money
coming in, Senator Byrd will be able to get ten more federal buildings
in West Virginia!
Why this absurd proposal? Well, the premise of the Democrats'
tax-the-rich policy is that the "rich," like homosexuals, only make up
just a few percent of the population, so what's done to them is of
little concern to the public at large. Never mind that "rich" people,
perhaps with the exception of lazy trust fund babies like the Kennedys,
happen to run the businesses that most of us work for.
Greed got us
into this mess, but greed is at least productive. Someone who wants
more money does more business and takes more risk. Obama's philosophy
is one of envy, a sin just as deadly as the other six, and envy is
destructive, not productive. Taking from somebody only makes that
person less inclined to take risk and be productive. It may even cause
the person to leave the system altogether. The "rich" are like seed
corn. They provide risk capital for new businesses that create new
jobs. If you eat all your seed corn, what are you going to plant next
year? If you eat too much of it, what will you do when next year's
planting gets flooded out? Congress doesn't seem to be thinking that
far ahead, of course.