Dire cost of “taxing the rich” even more

AZ Educrats ramp up new $1 Billion money grab

It’s trendy today to speak in terms of taxing the rich, making them pay their fair share. The problem is, they already do and then some. There are profound problems with the socialist agenda that rides astride “redistribution of wealth,” confiscating from those who play by the rules, educate themselves, take risks, and work long hours, to achieve their goals. There is a price to be paid, and if you’re not willing to pay it yourself, you shouldn’t resent those who are, because without them there would be no innovation or advancement. They are not the enemy, they are who we should aspire to emulate.

But Socialists, exemplified by Bernie Sanders and Elizabeth Warren, running as Democrats for their party’s presidential nomination, are populating congress in growing numbers. They don’t even try to disguise their radical Socialist bond, despite the fact that the United States spend two generations fighting against the destructive system. They are smugly righteous about raising taxes on the “ultra wealthy,” making them “pay their fair share,” though wealthiest Americans pay disproportionately higher rates. In 2016, the top 1 percent of taxpayers accounted for more income taxes paid than the bottom 90 percent combined.

Economist Thomas Sowell previously wrote, “The history of the 20th century is full of examples of countries that set out to redistribute wealth and ended up redistributing poverty. The communist nations were a classic example, but by no means the only example.

In theory, confiscating the wealth of the more successful people ought to make the rest of the society more prosperous. But when the Soviet Union confiscated the wealth of successful farmers, food became scarce. As many people died of starvation under Stalin in the 1930s as died in Hitler’s Holocaust in the 1940s.

How can that be? It is not complicated. You can only confiscate the wealth [and income] that exists at a given moment. You cannot confiscate future wealth [or income] — and that future wealth [and income] is less likely to be produced [or earned] when people see that it is going to be confiscated.”

Arizona #REDsforEd educrats, who work part-time jobs, abandoned approximately 840,000 students statewide for nearly two weeks in 2018, when they went out on strike for a 20% pay increase, which they unconscionably received, are re-energizing their previously failed ballot initiative Invest In Education Act. Of course, the leftist Hillary-endorsing newspaper supports the ongoing and continually expanding $millions in taxation written into the initiative as “an investment we need to make,” ignoring the continual school bond and tax override elections. The latest fraud is another $1 Billion.

This is where the “underpaid” teachers choose to put their money.

7 Responses to Dire cost of “taxing the rich” even more

  1. AZ Native says:

    Teachers used to be respected. Parents supported their classroom reprimands, even when their own children were on the receiving end.
    In recent years, the caliber of public school education diminished so greatly that many parents began removing their children from the downward spiral and either forming home schooling consortiums or placing their children in charter or parochial schools.

    Arizona has been in the forefront of the surge in charter schools and with excellent results.

    Both of my parents were local teachers. We enjoyed a decent middle class life, had a home and two cars, went on vacations, ate out occasionally and all us went to college. That was in a time when education was affordable. We all worked part time while going to school.

    Today the schools are failing and teachers want to be rewarded for depriving students of a decent education. Our son’s 5th grade teacher sent home a note commending him. It contained grammatical errors and two misspelled words. He now goes to BASIS Charter and is excelling.

  2. Frankly Speaking says:

    I find it interesting that Democrat/Socialists are all about redistribution of wealth, though are all wealthy themselves.They must have found a personal exemption loophole.

  3. Maggie says:

    Though these leftists want your money, they’ve put away a comfy amount for themselves.

    Forbes lists Socialist Bernie Sanders wealth at $25 Million.

    Here they all are.

  4. hoi polloi boy says:

    I call them Bernsheviks.

  5. Lisa the Infidel says:

    And I take a different perspective on the whole thing. Stop educating the illegals and then you can pay the teachers more.

    • Realist says:

      Why do they deserve more pay? They have the summers off, two weeks for Christmas and Easter, numerous half days and use the same lesson plan for eons. Most importantly, they are members of leftwing unions and are propagandizing our kids and grand kids. The NEA and AFT fund Democrats to the tune of $millions.

      Why do you think Socialist Bernie Sanders is so popular with young voters?

  6. jake sez says:

    PAY YOUR FAIR SHARE. Who gets to define “FAIR SHARE” Does the amount of taxes paid over your life time count toward your fair share?

    Note that many of the liberal arguments and causes only they get to define “Fair Share”.