This guy is rich ... very rich! Never, ever in the history of mankind has there been a more insidious and anti-human system than Socialism. And he dares talk of "failed economic policies" ...!
After countless failed experiments, bankrupt economies, over 100 million dead, and unmeasurable quantities of ruined lives, hey presto ... the next generation of Socialist hopefuls report for duty.
Albert Einstein called it the definition of stupidity: repeating the same thing over and over, each time expecting another outcome. In an upcoming post on collectivism and coercion we'll be explaining the Socialist addiction as follows:
Socialists are followers of the grand philosophical family of Subjectivism. That is the notion that thought creates reality (as opposed to, reality existing independent of consciousness). They lack the mental tool that would enable them to come to the conclusion, that the problem lies in what they perceive as the solution: collectivism, i.e. statism.
This is why Socialists keep on believing that they will perform better than the previous bankrupt lot. This leads to an endless procession of Socialists, blaming so-and-so who must have deviated too far from the ideal, promising they will do a better job of imposing it this time around.
Enter Barack Obama in the heartland of the only opposing philosophy, the United States of America ... and this is his egalitarian tax plan for the least statist nation on earth:
Tax Prof Blog: "WSJ: Obama's Tax Cut for 95% of Americans Is an Illusion"
Editorial in today's Wall Street Journal: Obama's 95% Illusion; It Depends on What the Meaning of "Tax Cut" Is:
One of Barack Obama's most potent campaign claims is that he'll cut taxes for no less than 95% of "working families." He's even promising to cut taxes enough that the government's tax share of GDP will be no more than 18.2% -- which is lower than it is today.
It's a clever pitch, because it lets him pose as a middle-class tax cutter while disguising that he's also proposing one of the largest tax increases ever on the other 5%. But how does he conjure this miracle, especially since more than a third of all Americans already pay no income taxes at all? There are several sleights of hand, but the most creative is to redefine the meaning of "tax cut." (...) >>>
read it all, or watch the vids:
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Oh, and after we've cleared up what's the definition of an election bribe, we can ponder the logic of taxing a successful plumber and handing the proceeds over to a failed one.
Related:
- Friends of ATR: "Obama Campaign Releases Fraudulant Tax Calculator"
- Filed on Articles in "The Pomo White House" -
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