Taxing the rich is a phony game promoted by the wealthy to pacify the poor, to fool the poor, to rip off the poor.
It’s also designed to keep the middle class from earning enough money to oppose them – the rich.
The rich control the minds of the poor.
They always have.
To begin with, the upper middle-class are not rich.
Someone making $250,000 a year or $1 million a year is not rich.
Mark Cuban is rich.
Jeff Bezos is rich.
Elon Musk is rich.
These people are worth billions and billions of dollars.
Someone making $1 million a year is not rich.
Nevertheless, the game continues.
Every fucking year we play the same game of taxing the rich.
Let me buy you a ticket on the clue train.
What counts is not the tax rate but the number of dollars that you make.
Who cares if the super rich are paying a 40% tax rate on income over a million a year (they’re not). They are making hundreds of millions of dollars a year.
That still leaves them with an enormous amount of booty each year
That is a bad thing because they use that extra money to buy off politicians and influence policy. The problem there is that they don’t know what the fuck they’re talking about.
What we want to do is increase the amount of money that the poor and the middle class are making.
Unfortunately, that is not rising in proportion to the amount of money that the rich can make.
The tax rate means nothing.
The tax rate doesn’t equalize anything.
If it did, we still wouldn’t have all this massive polization of wealth.
Look here, the average line worker at GM in the early 1970s could make $70-$75,000 a year in inflation adjusted dollars without a college education. Plus they enjoyed all sorts of benefits.
That’s not the case for the average worker at Starbucks today who can barely make half that.
What we want to do is create an economy where more people are making more money
That’s not going to happen by raising taxes on middle-class people.
Nor is it going to happen by raising the tax rate on the super rich.
What we need to do is focus on getting more people more money in relation to each other.
Taxing the rich with higher rates is a diversion from what really needs to be done.
We need to stop raping the poor by allowing CEOs and their henchman from awarding themselves stupendously large salaries and stock option packages.
Thank you, Leo Iacocca.
We need to forbid these computer jerkoffs in Palo Alto from “earning” these tremendously large salaries. There’s not a shred of justification for this. Is a computer programmer adding more value than a neurosurgeon? I doubt it.
We need to put a halt to sports personalities and entertainment stars ripping off the public by charging outrageously enormous prices for their services.
We need to place limits on how much celebrities charge for endorsements. You pay for their ill gotten wealth when you pay more for the products they are pitching.
Why can’t we do that? We don’t allow surgeons to charge $10 million for an appendectomy.
We need to start manufacturing things in the United States again – instead of exploiting slaves in Southeast Asia and Haiti.
It’s the number of dollars that you make that makes the real difference in your life, not the tax rate of someone else.
Focusing on the tax rate feeds into the politics of envy.
Focusing on getting you more money is the right approach that we need.
To begin with, everybody should be paying the same tax rate on all monies gained whether it’s discovered, earned or inherited.
A dollar is a dollar is a dollar is a dollar.
That doesn’t mean that we can’t help out the poor who are making less money.
There’s no reason why we can’t continue to provide free services for the poor.
Having the same tax rate for everyone sends a powerful message to members of our society.
It sends a message that you the taxpayer are no better and no less than anyone else.
It gives a sense of value to the average person.
Additionally it gets the filthy rich out of the game of tax avoidance.
The current system of tax loopholes and graduated tax ensures that the rich will continue to avoid tax.
This then leads to the super wealthy and the media they control to play on the politics of envy called: Tax the Rich.
Except that they don’t tax the rich. They tax the middle class and upper middle class into a greater poverty.
See, see, the media puppets of the wealthy elite cry out, we’ve taxed the rich.
Except that they haven’t.
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