Tempora mutantur, nos et mutamur in illis ("Times change, and we change with them").

Thursday, November 29, 2012

Memo to America: Raising Taxes on Rich People Doesn't Work

This is for all the silly, foolish people who buy into Barack Obama's rhetoric that raising taxes on "millionnaires and billionaires" will somehow solve all our problems. 

'T'wont work. Never has, never will. Case in point: rich people leaving Britain to avoid paying higher taxes. Said one conservative member of Parliament, “Labour’s ideological tax hike led to a tax cull of millionaires. Far from raising funds, it actually cost the UK £7 billion in lost tax revenue." See article in The Telegraph, below, for details.

Is anyone surprised? Are you kidding me? Of course they're going to leave! People with wealth are too smart to put up with this nonsense. There's nothing intrinsically altruistic about the wealthy. They've worked too hard to just lie down and let the government waltz in and pick their pockets. The Warren Buffets can pontificate all night long until the veins in their necks bulge about how they would gladly pay higher rates, but don't you believe them, not for one blue state second. These are the ones who can hide their money or just up and leave town, if they want. That's what's happening in California. People are high-tailing it out of town. Going to places like Texas. Even those phony-baloney Hollywood liberals are taking their business out of state. And why shouldn't they? California is robbing us blind. It's the bottom line that matters. End of story. 

Raise taxes on the rich? And for what, by the way? To what end? Come on, smarty pants. Let's look at this situation logically. Even if Barack Obama got what he wanted and was able to raise the tax rates on those nasty millionnaires and billionaires, the amount of revenue generated would fund the government for eight days. In fact, you could take every nasty millionaire and billionaire's last dime and it wouldn't make a dent in the national debt. Barack Obama has outspent all previous presidents in his first term than any of them did in two terms. And he's not stopping. He won't even discuss spending cuts as we approach this so-called fiscal cliff. This is absurd! This is a sham! This is mockery!

Nevertheless, there he is, folks, your wonderful president, your hero, your savior, Mr. Barack Obama himself, out on the campaign trail three weeks after the election, blaming the nasty Republicans for our fiscal problems and calling on everyone to support his plan to raise taxes on the wealthy. 

Yoo hoo, Mr. President, the election's over. It's time to stop demagoguing and start governing

Foolish, silly people, you're so proud of your little vote, aren't you? I hold every single last one of you, 18-years old on up, for what you've done, for your gullibility, for falling for this charlatan once again. Because if Barack Obama is good at anything, he's good at campaigning. Yes, we get it, we who lost, we get it. We were beaten by the best. He's a terrible president, but he's a master campaigner. He's an amazing community organizer (I say this with disdain). He's brilliant at dissembling, demonizing, propagandizing, so brilliant that most people--most well-meaning, genuinely nice people, people I'm related to even--have no idea that they're being manipulated, that they were played for fools. Not a clue. 

Doesn't matter, though. A vote is a vote, elections have consequences, and now we're stuck, and we're all going to have to live with this decision to give this narcissistic, arrogant, divisive, charlatan another four years.

"Two-Thirds of Millionnaires Left Britain to Avoid 50% Tax Rate" (Robert Winnett, The Telegraph)

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