It’s Time for Some New Tea Parties


Come April 15th, a lot of Americans will be taking the opportunity this Tax Day to tell their elected officials that they’re T.E.A.’d off. That is, that they’re Taxed Enough Already.

Good for them! May their numbers multiply. And may more politicians in Washington and the state capitols start to listen to them.

If you remember your history, the original Tea Party took place on December 16, 1773 in Boston, in what was then the British crown colony of Massachusetts. Earlier that year, the British Parliament had passed the Tea Act, imposing new taxes on the outraged colonists. Remember the “no taxation without representation” battle cry? (Look how bad it’s gotten with representation.)

When officials in Boston, acting on orders from the Royal Governor, refused to return the tea to England, a group of colonists, some disguised as Indians, boarded the ships and tossed the cargo into Boston Harbor.

The Boston Tea Party, as it came to be known, led Parliament to clamp down on the colonists even further. In 1774, it passed the Coercive Acts, which closed Boston’s wharfs until the British East India Company had been paid for the destroyed tea. Colonial resistance hardened, leading to the First Continental Congress and ultimately open rebellion. A year later, the war for American independence had begun.

This time, no one is suggesting tossing anything (or anyone) into the water, more’s the pity. Instead, patriotic Americans are gathering in cities and towns across the country to protest the Obama Administration’s plans to tax us even more. And who can blame them?

Despite the demagogic cry that the “rich” need to pay “their fair share,” the truth is that the top five percent of U.S. taxpayers already pay 60% of U.S. income taxes. While the bottom 40% pay no income taxes at all. When President Obama talks about “lowering” their taxes, what he really means is that he’s going to take more money from those who earn it and give it to those who don’t. This is not a “tax reduction” — it is a blatant example of a Marxist redistribution of wealth.

At the same time he’s promising more give-aways to the poor, Barack Obama wants to raise the top income-tax rate from 35% to 39.6%. Plus, he intends to reduce the deduction the so-called rich can take on their charitable contributions, mortgage interest, and other taxes they pay. Slash the amount of those deductions by 20% and you’re effectively raised their tax rate by another 7.9%.

In other words, if your income stays the same, better get ready to see your after-tax dollars shrink … a lot.

So what can you do about it? It’s a little late to vote the rascals out of office — although we’ll get another chance at the polls in 18 months. And while I’d never discourage anyone from writing your congressman, the sad truth is that Congress today — especially the House of Representatives, where by law all spending bills must originate — is solidly in the hands of the liberal left. What are the chances that enough constituent correspondence would cause Nancy Pelosi to change course? About the same as the odds of an ice storm in the Sahara Desert.

That’s why I was glad to hear about the Tax Day Tea Parties being organized across the country. Newt Gingrich, the best-selling author and former Speaker of the House of Representatives, has become one of the chief promoters of the protests. Here’s how he describes what’s happening:

“In outrage against the billions of our dollars being used to pay for the irresponsible behavior of others — and the trillions more in the Obama budget that will be used to expand government even further into our lives — the Reagan coalition of the faithful and the fiscally conservative is reassembling.”

And Newt adds,

“There’s no super-rich sugar daddy like George Soros pulling the strings. There’s no special-interest group like creating the illusion of a grassroots movement. And it’s not a taxpayer-funded ‘protest’ group like ACORN. It’s just ordinary Americans who believe in preserving American values and principles, like faith, freedom, and smaller government.”

If that sounds like you, I encourage you to contact one of the sponsors of the Tax Day Tea Parties and make plans now to spend part of next Wednesday, April 15th, at the meeting nearest you. According to the latest reports, there are more than 250 such gatherings planned in all 50 states.

Go on the website or to find the location nearest you. The first is a coalition of various conservative and patriotic groups; the second is a joint effort by Renewing American Leadership and the American Family Association, which say they already have more than 10,000 people of faith signed up.

Also, Newt’s own organization, American Solutions, is offering a “Tea Party Tool Kit.” To get yours, go to his website,

Personal Liberty

Chip Wood

is the geopolitical editor of He is the founder of Soundview Publications, in Atlanta, where he was also the host of an award-winning radio talk show for many years. He was the publisher of several bestselling books, including Crisis Investing by Doug Casey, None Dare Call It Conspiracy by Gary Allen and Larry Abraham and The War on Gold by Anthony Sutton. Chip is well known on the investment conference circuit where he has served as Master of Ceremonies for FreedomFest, The New Orleans Investment Conference, Sovereign Society, and The Atlanta Investment Conference.

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