Obama, Taxes, and Socialism
Here is a letter I sent to the editor of the Free-Lance Star on this topic. We'll see if it gets published. Enjoy.
-Ben
Letter to Editor, Free-Lance Star
To the editor,
Since the media won’t report it, I feel it must be said somewhere. When will people wake up and realize Obama’s economic policies are socialist, plain and simple?!
Some say he only wants to tax the “rich.” Well, his tax increases will hit small businesses and their employees in a big way. While a large percentage of small businesses are smaller enterprises that don’t net large incomes, 95% of small business employees work for businesses that would be hit hard by Obama’s tax scheme. That means cutbacks in wages, benefits, and even jobs. This just makes more people unemployed and dependent on the Nanny State to take care of them. And that’s just income taxes. Everyone’s tax burden will increase when Obama reinstates the Death Tax, raises capital gains taxes, and reinstates capital gains taxes on any and all profits from the sale of one’s home (try to guess the effect on an already slumping housing market).
I encourage your readers to check out the FairTax (and not just the negative spin from special interests who benefit greatly from our current behemoth of a tax system; go to www.fairtax.org and/or pick up The FairTax Book and FairTax: The Truth). The important distinction to learn about is between the principles behind the FairTax and the socialist principles of our income tax system.
A progressive income tax is #2 in Karl Marx's list of ten necessary precursors to a Communist society. While taxes are inevitable, they should be fair. Someone once said, “If you want less of something, tax it." Income taxes effectively tax productivity (income is what we receive in exchange for our productive work), which limits the growth of wealth for ALL.
Obama says he wants to "spread the wealth?" Obama is clearly right in step with, "From each according to their ability to each according to their need." It’s pure unbridled socialism, which ultimately leads to serfdom for everybody and slavery to the State.
Very respectfully,
Ben Bursae
Fredericksburg, VA
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