Forget Progressive Taxation! We Now Have Confiscatory Taxation to PUNISH!
Now “We the People” have turned our U.S. Tax code into a weapon to bludgeon those we dislike with egregious Confiscatory Taxes. Granted, that is not as evil as strangling those we dislike and their families with piano wire, as some outraged Americans have suggested. However, once this government’s revenge gets going strong, many will be wishing for “death by piano wire.” Those others may someday be you, yourself, when you finally do or say something your government does not like.
The United States Congress, in its villainous plan to fully implement their President’s “Dreams of His Father,” has gone far further than Barack Hussein Obama, Sr. ever dreamt. Obama wanted 100% taxation in order to “spread the wealth around.” The United States Congress today passed into law a bill to tax fellow Americans by 90% solely as revenge; soley to punish them. Why 90% and not 100%? That was merely a technicality, as Congress explained that the State and Local Taxes will take the other 10%, of course. The senior Obama, a Harvard-educated economist, wrote of his plans for Kenya:
“What is more important is to find means by which we can redistribute our economic gains to the benefit of all. This is the government’s obligation. The “means” he had in mind were confiscatory taxes on a scale that redefines the term “progressive taxation.”
“Theoretically, there is nothing that can stop the government from taxing 100% of income so long as the people get benefits from the government commensurate with their income which is taxed.”
“I do not see why the government cannot tax those who have more and syphon some of these revenues into savings which can be utilized in investment for future development.”
“Certainly there is no limit to taxation if the benefits derived from public services by society measure up to the cost in taxation which they have to pay. It is a fallacy to say that there is this limit, and it is a fallacy to rely mainly on individual free enterprise to get the savings.”
Of course, we have all known about President’s Obama’s “Dreams of His Father” and Obama’s plans to implement them, as he wrote all about his father in two books. That’s where we find the above quotations. What we did not know is how eager our elected representatives would be to help Obama begin implementing the new Plan of Taxation. If you are counting on Republicans to come to the rescue and save us, forget it. Over half the Republicans in Congress voted to use the Tax Code as a weapon.