Don Feder, GrassTopsUSA.com
They say you get less of what you tax and more of what you subsidize. The left feels there are still too many producers in this country. But it has a solution – tax them into extinction.
Increasingly, the Democrats and their stooges sound like villains from an Ayn Rand novel – Wesley Mooch or Lee Hunsacker.
Posturing at a Democratic rally in Sarasota, Florida, last week, horror-writer Stephen King announced, “As a rich person (not to mention a monument to the public’s abysmal taste in “literature”) I pay (a) 28 percent tax. What I want to ask you is why am I not paying 50? Why isn’t anyone in my bracket paying 50 (percent)?”
Perhaps that’s because Cujo-boy isn’t paying a 28 percent federal tax.
King has an estimated net worth of $300 million. As the author of 49 novels, which have sold over 350 million copies, royalties alone would put him in the top tax bracket of 35 percent, which starts at $373,650. But since his taxes are probably handled by a phalanx of accountants and lawyers, perhaps he can be forgiven for thinking that he and the rest of the “super-rich” pay a top-rate of 28 percent.
King, who has a B.A. in English from the University of Maine, sounds like an MBA-graduate of the Wharton School of Finance next to college-dropout and Castro-symp Michael Moore.
“This is class war,” Moore raved on MSNBC’s Rachel Maddow Show last Wednesday, reacting to what appears to be the end of the line for the Wisconsin public-employee gravy train – which the socialist fat-cat naturally blames on “the rich.”
With a tenuous hold on reality at the best of times, Moore has become totally unhinged: “I’d like anybody who works on Wall Street, anybody who works for the banks, just take a look at (the lawlessness in Madison). This is what’s coming for you. Because the people are going to demand justice, they’re going to demand that your ass is in jail.”
The clincher came when the bloated Bolshevik announced to the malefactors of wealth….
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I pay (a) 28 percent tax. What I want to ask you is why am I not paying 50? Why isn’t anyone in my bracket paying 50 (percent)?”
Then why dont you pay 50%???? No law says that you can't pay more…..