A Quote by Frank Chodorov
At first it was the incomes of corporations, then of rich citizens, then of well-provided widows and opulent workers, and finally the wealth of housemaids and the tips of waitresses. This is all in line with the ability to pay doctrine. The poor, simply because there are more of them, have more ability to pay than the rich.
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Contrary to the rhetoric emanating from the American left, the 'rich' are currently paying a lot more than 'their fair share.' It is only a handful of mega-rich, those whose entire incomes are derived from dividends and capital gains, rather than salaries or business profits, who have the ability to pay lower tax rates than some members of the middle class. The left knows this but continues to build their 'freeloading millionaire' straw man because it makes good politics.
Forced to choose, the poor, like the rich, love money more than political liberty; and the only political freedom capable of enduring is one that is so pruned as to keep the rich from denuding the poor by ability or subtlety and the poor from robbing the rich by violence or votes.
The gap between rich and poor under President Obama is getting bigger because fewer well-paying jobs are available. Corporations are being taxed to the hilt and are loathe to add more workers. Thus, salaries fall because there are more than enough applicants to fill any job vacancy.
Obama and Clinton wrongly believe that the corporate income tax is a tax on the rich. The reality is that rich corporations don't pay taxes - workers do.
Basic US economics tells us that back-of-the-house workers are very unlikely to get more pay overall. The fact that workers are in those jobs means employers are already paying them what they need to pay them to get them in the current environment. If employers do share some tips with them, it will likely be offset by a reduction in their base pay.
I first would allow the guilty bankers to pay, you know, the ability to pay back anything over $100 million [of] personal wealth because I believe in a maximum wage of $100 million. And if they are unable to live on that amount of that amount then they should, you know, go to the reeducation camps and if that doesn't help, then being beheaded.
When you say the tax system benefits the rich, there are a lot of people who respond, "That can't be true, look at the rate of tax. The people who are rich pay a higher rate than you or I." Well, yeah, but if you don't have to pay taxes on a lot of your income, then your real tax rate is a lot lower. And if you're allowed to pay your taxes thirty years from now instead of today then you're a lot better off. People need to have a sophisticated understanding of how the system works to appreciate that the posted tax rate really has very little to do with the taxes people pay.
Here lies a she sun, and a he moon there; She gives the best light to his sphere; Or each is both, and all, and so They unto one another nothing owe; And yet they do, but are So just and rich in that coin which they pay, That neither would, nor needs forbear, nor stay; Neither desires to be spared nor to spare. They quickly pay their debt, and then Take no acquittances, but pay again; They pay, they give, they lend, and so let fall No such occasion to be liberal. More truth, more courage in these two do shine, Than all thy turtles have and sparrows, Valentine.
In progressive societies the concentration[of wealth] may reach a point where the strength of number in the many poor rivals the strength of ability in the few rich; then the unstable equilibrium generates a critical situation, which history has diversely met by legislation redistributing wealth or by revolution distributing poverty.
The rich man's dog gets more in the way of vaccination, medicine and medical care than do the workers upon whom the rich man's wealth is built.
Somebodys paying the corporations that destroyed Iraq and the corporations that are rebuilding it. Theyre getting paid by the American taxpayer in both cases. So we pay them to destroy the country, and then we pay them to rebuild it. Those are gifts from U.S. taxpayer to U.S. corporations.
Nothing is more calculated to make a demagogue popular than a constantly reiterated demand for heavy taxes on the rich. Capital levies and high income taxes on the larger incomes are extraordinarily popular with the masses, who do not have to pay them.
No matter what anyone may say about making the rich and the corporations pay the taxes, in the end they come out of the people who toil. It is your fellow workers who are ordered to work for the Government, every time an appropriation bill is passed. The people pay the expense of government, often many times over, in the increased cost of living. I want taxes to be less, that the people may have more.
The rich are the most discriminated-against minority in the world. Openly or covertly, everybody hates the rich because, openly or covertly, everybody envies the rich. Me, I love the rich. Somebody has to love them. Sure, a lot o’ rich people are assholes, but believe me, a lot o’ poor people are assholes, too, and an asshole with money can at least pay for his own drinks.
The ability to deal with people is as purchasable a commodity as sugar or coffee and I will pay more for that ability than for any other under the sun.
I'm using the laws of the nation to my benefit. And I should do that, it's to my benefit. Now, when, if I am running the country I will use that same ability that I have, because I have always had the ability to make a lot of money. I'll use that same ability to make our nation rich again, because it sounds like, not nice, some people said, oh that's a harsh word, "rich". We can't be great again until we are rich.
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