Say Brother, Can You Spare Me A Tax Break?

"Apparently, you and I owe an apology to the extravagantly-rich in our society. They're reported to be in a deep pout and a political funk because We the People have hurt their feelings.

This stems from the public's simmering anger over the fact that the Wall Street barons who crashed our economy are back to paying themselves multimillion-dollar bonuses, while the corporate CEOs who keep downsizing and offshoring our middle class opportunities are grabbing bigger paychecks than ever for themselves. The wealthy swells are upset by our anger and feel picked on by us riff-raff -- they don't like being blamed for our economic distress, even though they are to blame, and they certainly don't like the rising populist fervor for more economic fairness in our country. So they're mad at us for being mad at them, claiming that they are victims of our 'wealth envy.'

I'm sure you feel as badly as I do about this, so you'll be glad to know that those living in luxury seem to have found a way to soothe their bad mood: they've gone shopping! Yes, while workaday Americans are scrambling just to cover the rent and buy groceries, the well-heeled are reported to be splurging again, indulging their consumer whims with such pricey pretties as exotic automobiles.

One analyst of trends in the luxury car market concedes that sales of Bentleys, Lamborghinis, Maseratis, and other ultra-priced autos had been down the past couple of years. He explained that, "It didn't feel right buying a $300,000 Rolls-Royce when people were being foreclosed out of their homes." But this year, the elites are saying, "To hell with what the public thinks, I'm gonna get me a new Ferrari 458 Italia, the people be damned!"

How nice for them. But I don't think their conspicuous consumption is going to make anyone feel better about their greed and nor will it quell the public's rising populist fervor. "

Jim Hightower


Roadkill said...

"To take from one, because it is thought his own industry and that of his fathers has acquired too much, in order to spare to others, who, or whose fathers, have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, the guarantee to everyone the free exercise of his industry and the fruits acquired by it."

— Thomas Jefferson

Sunny B. said...

"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not."

-Thomas Jefferson

...unfortunately we are a republic.

Ayn Rand said...

Potentially, a government is the most dangerous threat to man's rights: it holds a legal monopoly on the use of physical force against legally disarmed victims.

Roadkill said...

It was Benjamin Franklin who famously pointed out, when asked what type of government he and the other delegates had created, said:

"A Republic, Madam, if you can keep it!"

Interestingly enough, Franklin had this to say about taxes and the redistribution of wealth:

"When the people find they can vote themselves money,
that will herald the end of the republic."