Robert Reich, 4'6" and All Communist!
Have you heard the latest from Robert Reich? You remember him, don't
you? Reich was a member of Clinton's Lollipop Guild and was his
Secretary of Labor. Reich has come up with a way to pay for the war
against terrorism in Iraq. Reich wants a war tax. Not a war tax on all
Americans, just a war tax on the evil, hated, ugly, filthy, nasty,
despicable, gutter-dwelling rich. In support of his idea for a war tax
on the rich Reich goes straight to the rhetoric of communism. Reich
says "It seems only fair that the rich should pay proportionately more,
especially now that the cost of the war against terrorism is rising.
They're the only ones with money to spare."Now you tell me how this
differs in any substantive form from the communist
slogan "From each according to their ability, to each according to
their needs."
It's interesting to note that in his USA Today column calling for this
war tax, Reich was careful to point out just what portion of our total
income is earned by the wretched rich. While he accurately notes that
the top 5% of income earners took home more than 22% of total family
income in 2001, he somehow fails to note that this very same top 5% of
income earners pays nearly 50% of all income taxes. He also talks about
the bottom 60% of income earners taking home more than 31% of the
income, but again somehow fails to mention that this bottom 60% pays
less than 10% of the income taxes.
Talk about intellectual dishonesty!!
Reich wasn't through with the dishonesty. He also mentioned past top
tax rates. The rich paid 77% during World War I. In World War II it
went to 90%. He points out that the rate was 70% when Reagan cut it
back to 28%. All that is true, but was it honest? No. What Reich didn't
point out in his article is that with Reagan's tax cuts the wealthy
lost most of the deductions that used to keep their burden a much, much
lower percentage of their total income than the effective tax rates.
Just for starters -- taxpayers were allowed to deduct ALL interest
paid on ALL loans, not just real estate loans.
To cite percentages of total income without including percentages of
total income taxes paid, and to cite reductions in marginal tax rates
without citing the elimination of deductions is to display a moral
cowardice that is all-too-common with liberal politicians.
Make no mistake, Reich's war tax on the wealthy idea is just another
volley fired in the leftist campaign of class warfare communism. The
goal here is to reinforce the false leftist dogma that the evil rich
just don't "pay their fair share" and that they need to step forward
and shoulder a fair burden of the cost of the action in Iraq.
Par for the course.
boortz.com
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