Intermarkets' Privacy Policy

Donate to Ace of Spades HQ!

Recent Entries
Absent Friends
Bandersnatch 2024
GnuBreed 2024
Captain Hate 2023
moon_over_vermont 2023
westminsterdogshow 2023
Ann Wilson(Empire1) 2022
Dave In Texas 2022
Jesse in D.C. 2022
OregonMuse 2022
redc1c4 2021
Tami 2021
Chavez the Hugo 2020
Ibguy 2020
Rickl 2019
Joffen 2014
AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info:
maildrop62 at proton dot me
Cutting The Cord And Email Security
Moron Meet-Ups

Sunday Morning Book Thread - 07-30-2023 ["Perfessor" Squirrel] | Main | First-World Problems...
July 30, 2023

The Stupidity Of Our Legislators Knows No Bounds: Inequality Is Solved By Taking From The Rich...And Giving To The Government!

The idea of equality of opportunity used to be axiomatic, but that has fallen out of favor in certain fascist-curious circles (read: The Democrat Party), and has been replaced with a curious hodgepodge of confiscatory taxes, business-crushing regulation that emphasizes rent-seeking behavior, and a fascination with the impossible -- equality of result. Although to be fair to the profoundly ignorant representatives touting the latest nonsense, they have no interest in prosperity for all...what they want is to drag everyone down to an equal level: squalid and poor, living in misery. But at least they will get reelected!

Democrats Propose Taxing Americans on How Wealthy They Are Compared to Median Households

“The Oppose Limitless Inequality Growth and Reverse Community Harms (OLIGARCH) Act to tax extreme wealth, reduce inequality, and combat the threat to democracy posed by aristocracy,” said a July 26 press release. Introduced by Representatives Barbara Lee (D-Calif.), Summer Lee (D-Pa.), Jamaal Bowman (D-N.Y.), and Rashida Tlaib (D-Mich.), the OLIGARCH Act proposes taxing anywhere from 2 to 8 percent of the wealth held by the ultra-rich annually.

“Inequality in the United States is worse in 2023 than it was during the Gilded Age,” said Barbara Lee.

“It is unacceptable that millions of hardworking people remain impoverished, while the top 0.1 percent hold over 20 percent of the nation’s wealth.”

Of course this will go nowhere, because it's insane. But the political philosophy behind it is worth examination. And that is easy, because it is simple; it is the politics of division. Pit one group against another, destroy national unity, degrade love of country, create a mindset that sees economic success as a zero-sum game, and poof! You have the progressive playbook.

But even their facts are carefully manipulated to create tension. For instance, while it is certainly possible that "inequality," whatever that is, is worse now than during the Gilded Age (although I doubt it), the only valuable question is whether the lives of most people have improved. And the answer is of course a resounding, YES! Even our poorest citizens are better off than they were just a generation or two ago. America's poor drive cars, have air conditioning, cellular phones, computers, flat-screen TVs, and judging by their waistlines haven't missed meals in a very long time.

But the most offensive manipulation these people spout is the idea that a hardworking American will remain impoverished. Certainly there are circumstances that conspire to prevent some hardworking people from success, but one of the glories of American Exceptionalism is that hard work WILL result in success. For these conniving leeches to claim otherwise is a testament to their disgust for freedom and liberty, and their desire to control every aspect of our lives, even if that means restricting our ability to prosper.

And that is exactly what will happen if these dangerous socialists ever become powerful enough to enact their country-destroying ideas. Tax the wealthy more than they are already? Watch what happens. They will leave. They will withdraw from the capital markets, decreasing the available capital that is vital for economic growth. And who will be injured? Not the wealthy, who are almost always a few steps ahead of the tax collector. No, it is that hardworking man whose opportunity for success has been stymied by the lack of capital that drives economic growth.

One thing that has never made any sense at all: how does confiscatory taxation of the wealthiest people in society translate to improved outcomes for the poorest among us? The absolutely horrendous track record of LBJ's Great Society is a 55 year set of data that show how useless government largesse is when the supposed goal is to pull people out of poverty.

Oh...that wasn't the goal?

Buying votes for the Democrat party was the goal?

This is my shocked face!

digg this
posted by CBD at 12:00 PM

| Access Comments

Recent Comments
Reforger: "Been slow all weekend. ..."

fd: ""If I don't have the key I can start it anyway. P ..."

wth: "Uh thread got 309 comments. Posted by: ..."

Weasel: "OK, 'nite you guys. Have a great week! ..."

Moron Robbie believes violent cultures celebrating ignorance are inferior to the West: "Food thread ONLY got 309 comments. Think about ..."

wth: "Wow, I'm never here on Sundays. Food thread AND g ..."

Weasel: "5 Uh thread got 309 comments. Posted by ..."

Reforger: "Most tractors use a common key. I would recommend ..."

rhomboid: "TRex too late to make up that deficit, I fear. ..."

TRex: "Uh thread got 309 comments. ..."

GWB: "(I can just think of a LOT of uses for wood on a " ..."

rhomboid: "Weasel thanks as ever for the thread. Obviously I ..."

Recent Entries

Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64