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November 22, 2010
'The Nation': Patriotic Republicans should support 91% tax rate
There's something about the idea of man having a right to the fruits of their labour that some people just really really hate. These same people also have a knack for ignoring that fact intentionally whenever it should clearly be the biggest issue in a debate.
Pinko publication, The Nation, recently posted an op-ed in their website entitled "Patriotic Millionaires Explain That Tax Cuts for the Rich Don't Grow the Economy." The article is the usual collectivist tripe, praising a bunch of guys who were begging to be taxed. But the part that really got me riled up was this:
"...during the president of Dwight Eisenhower, a Republican who frequently worked with a Republican Congress, the highest marginal tax rate was 91 percent; most Republicans in those days recognized that they represented Main Street not Wall Street."Are you kidding me!? When the tax rate is 91 percent for any group of people, that's not representing main street, that's representing Karl Marx!
It's amazing how the far Left author of the piece, John Nichols, just took it for granted that his readers would accept that part, as if it was a widely accepted fact that a 91 percent tax rate was a great policy.
Nichols nonchalant way of dropping that line reveals a lot about what his premises are and what kind of audience this man is popular with. In his view, the proper way to do right by people is to expropriate large amounts of money from a minority. In fact his whole argument with regards to the expiring Bush tax cuts were based on extremely faulty economics of how good America was doing during times of high taxation. Besides the proven fact that cutting taxes stimulate economic growth, It doesn't even register with this guy that the people who work for their money, rich or poor has a moral right to the fruits of their labour. Not to mention he implicitly just championed a 91 percent tax rate.
The true way to represent Main Street is not by the taxing the rich, it's by letting all Americans keep more of what they worked for by making the Bush Tax Cuts permanent. A 91 percent tax rate, which the Left would love to shove down America's throats is the opposite of what American stands for, which is individualism, freedom and man's unalienable right to the pursuit of his happiness.
Nichols should get a clue, and see that his side represents yesteryears Moscow, not Main Street.