Democrats are far more influenced by wealthy interersts and will never 'tax the rich'
This is an editorial thesis in progress and is not a finished work. I will be coming back to it from time to time to pretty it up and make it presentable and/or to ad more evidence and explanation to it - PoliticalArena Editor Chuck Norton
The Democratic leadership has NEVER been interested in taxing mega corps and the super rich, what they are very much interested in is taxing small to medium sized domestic businesses and the productive middle class, which I call the "producer" class.
And I am about to show you the irrefutable evidence. There is a reason that mega-corps and the super rich very much favor contributions to the Democrats. Read below if you dare.
The taxes Democrats propose to “soak the rich” always seem to miss those who they demagogue for not paying their fair share. They have been “soaking the rich” for decades and keep missing the target. Why?
Veronique de Rugy: The Alternative Minimum Tax Targets the Productive Middle Class, Not the Rich Obama’s Treasury Secretary Tim Geithner: Taxes on ‘Small Business’ Must Rise So Government Doesn’t "shrink" If George Soros is so into promoting socialism, why does he go to such lengths to enrich himself often at the expense of others White House Connected GE Pays No Tax on $14 Billion ….Again! Top 20 Industry Money Recipients This (2008) Election Cycle – Who is in the back pocket of Wall Street? Wall St. Made More Money In 2.5 Years Of Obama Than 8 Years Of Bush Under Obama: Family Income Down. Jobless Claims High. Government Spending Up. Super Rich Getting Richer Corruption: Most Stimulus Funds Spent in Democrat Districts… Obama: Largest Wall Street Money Recipient, Hands Out Jobs to Contributors CNN: Obama Attacking Private Equity At 6am, Fundraising With Private Equity At 6pm (video) Americans Making Over $50,000 a Year Paid 93.3 % of All Taxes in 2010
The Democrats are all about picking winners and losers. They oppose economic freedom and believe themselves to be our social engineers. It is cronyism on steroids. This brings us to Norton’s First Law:
Big business loves big government as big government taxes and regulates the small and medium sized competition out of the competition. One of the bad results is domestic inflation inflation, so those living off savings and the poor who are hardest hit.
By the way, if you read just the first link above you will find out that billionaire John Kerry paid 12.34% federal taxes on $5,072,000 income. For a guy who is all about taxing the rich he sure is good at avoiding paying. John Kerry and the Democrats demagogued the Steve Forbes Flat Tax plan as a tax giveaway to the rich; the Forbes rate was 17.5% so under the Forbes plan Kerry would have paid much more. John Kerry was the Democrat Presidential Nominee in 2004.