“They’re not going to miss it…”
Quote of the day, from a so-called “Blue Dog Democrat” regarding the Dems proposal to add an income tax “surcharge” to couples who earn a million dollars or more a year (or individuals who earn $500,000 or more):
“What we’re talking about is a one-half percent income tax surcharge on incomes above $1 million,” said Rep. Mike Ross, D-Ark., a leader of the Blue Dog group. “So someone who earns $2 million a year would pay $5,000. … They’re not going to miss it.”
They’re not going to miss it? Are you kidding me?
Hmm. Apparently, it’s a bad time to be a high-achiever in America - and it’s just going to get worse.
Why, indeed, would we want to incentivise people to work harder and earn more? And, shall we discuss why this is called an “income tax surcharge?” Surcharge? Like when you buy a ticket from Ticketmaster? So I guess we should think about this like a Ticketmaster charge for your ticket to the millionaires club. Because, of course, if you’re a millionaire, you’re not already paying enough.
If, perchance, you happen to be a millionaire who doesn’t feel like you’re paying your fair share, I’d direct you to support Congressman John Campbell’s “Put Your Money Where Your Mouth Is” legislation.
This kind of thing is just silly more than anything else, to be sure - a ridiculous attempt to “enforce” their “pay-go” rules. Aw, shucks, we have to raise taxes…
Unfortunately, at the end of the day, it’s just not funny.
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RE the “… They’re not going to miss it.” attitude:
Some Friday night months ago, I got into an argument with another 20-something regarding redistribution of wealth and I asked him:
“Well, don’t you think that those who create their wealth and then get taxed up the wazoo are going to have less push/drive/incentive to make as much money–and thereby, fund your redistribution scheme–the second time around? What if the producers decide not to produce anymore?”
(Yes, I was foreshadowing Atlas Shrugged.)
The dude just looked at me blankly and said:
“Oh, that’s not going to happen. These people are greedy, money-driven and like to have [financial] control over others so they’ll produce regardless of how much they get taxed.”
Huh. As if those who produce have some kind of innate psychological disposition to do such…at their own expense, I suppose…what with these attitudes running around.
Scary. Sad.
Nicky Cheese — May 14, 2008 @ 9:35 am
“They’re not going to miss it.” Embezzlers and Democrats have the same view of other people’s money, the same respect for other people, and the same morality.
Vic — May 14, 2008 @ 1:36 pm