No surprise, but the idiot went all out with his collectivist machinations following the Court's campaign finance ruling, and he's all butt-hurt people called him out for it. At the regressive hell-hole Salon, "Want to cut the rich’s influence? Take away their money!":
boy there are a lot of people who think "taxing rich people" is indistinguishable from forced collectivization
— alex pareene (@pareene) April 4, 2014
If the super-rich had less money, they would have less money to spend on campaigns and lobbying. And unlike speech, the government is very clearly allowed to take away people’s money. It’s in the Constitution and everything. I know it wasn’t that long ago that it also seemed obvious that the government could regulate political spending, but in this case the relevant constitutional authority is pretty clear and there is no room for a so-called originalist to justify a politically conservative reading of the text. Congress can tax income any way it pleases.And of course, on cue, Erik "Lumberjack" Loomis, at Lapdogs, Ghouls and Murderers, lays out a plan, "Tax 'Em!":
There is one glaring problem with my plan, of course, which is that Congress is already captured by wealthy interests, and is not inclined to tax them. But all I’m saying is that would-be campaign finance reformers ought to give up on their lost cause and shift their energies toward confiscation and redistribution.
I don’t think this would totally solve the campaign finance issue unless the tax rates were set very high; after all, Sheldon Adelson is a very rich man. But it would help. Also higher taxation on the rich would do a lot more to solve the much more important social problems in this country.This is not parody, astonishingly.
Should we start at 70% taxation on everything, including capital gains and all investments, for all money over $1 million a year, 90% on everything over $10 million? Seems a good place to start. We can always raise it if we want more of their money. Also, massive punishments for using offshore tax havens. Perhaps property confiscation.
Seriously. Read the comments at the LGM skank-hole. And believe you me, "confiscation" would be just the first blood-flecked sprinkles of terror with these jackboots. Heads mounted on pikes would quickly be the order of the day, not metaphorically either.
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