President Barack Obama and Congressional Democrats continue to foster class envy with their pledge to extend President George W. Bush-era tax cuts for one group of people and allow them to expire for another.
You have probably heard that if Congress doesn’t act, taxes will increase substantially on everyone beginning Jan. 1, 2011. That’s because, in order to get Democrat consent to pass a series of tax cuts in 2001 and 2005, an expiration date on the tax cuts had to be included in the bill.
That day is fast approaching and Congress is set to adjourn very soon without considering the tax issue.
Obama, House Speaker Nancy Pelosi (D-Calif.) and Senate Majority Leader Harry Reid (D-Nev.) say they want to extend the tax cuts for those making less than $250,000. But since they consider anyone making $250,000 or more to be rich, Obama and his Marxist cohorts want those people to pay higher taxes. It’s all about the rich “paying their fair share” and Obama, Pelosi and Reid think they know what fair is.
“From each according to his ability, to each according to his need,” wrote Karl Marx in his 1875 Critique of the Gotha Program. That is a central tenet in the communist system and apparently a belief held strongly by Obama and company.
Such a thought is anathema to the beliefs of the Founding Fathers.
"A just security to property is not afforded by that government under which unequal taxes oppress one species of property and reward another species,” wrote James Madison, the father of the Constitution.
The progressive tax system we now live under thanks to the 16th Amendment — which evidence shows was probably not properly ratified — does not provide Americans with “A just security to property.”
For liberty’s sake the entire tax system needs to be replaced. But in the meantime, Congress should immediately offer up a clean bill to extend the Bush-era tax cuts.