How about a Global minimum Tax?
And the hits from the Obama tyranny just keep on coming. Last week Obama declared war on the Catholic Church as well as the 1st Amendment. This week, one of his nitwit advisers wants a global tax.
What am I talking about? According to the Weekly Standard:
Gene Sperling, director of the White House’s national economic council, said today at an official meeting that “we need a global minimum tax”
The buffoon actually said this in front of cameras and of course, it’s on YouTube.
Can you believe that? This “Economist” is nothing more than a jumped up Marxist who has no clue how real business operate.
“He supports corporate tax reform that would reduce expenditures and loopholes, lower rates for people investing and creating jobs in the U.S., due so further for manufacturing, and that we need to, as we have the Buffett Rule and the individual tax reform, we need a global minimum tax so that people have the assurance that nobody is escaping doing their fair share as part of a race to the bottom or having our tax code actually subsidized and facilitate people moving their funds to tax havens,” Sperling said.
In other words. “All your money belongs to the Government and WE, the benevolent Government will allow you to keep some.” You will note that he mentioned the “Buffett Rule.” This was named after that senile idiot Warren Buffett. Basically it jacks the taxes up on people making $200K a year. Of course, old Warren might have more credibility if he actually PAID THE TAXES HE ALREADY OWED!!1
I did a quick search On Mr. Sperling and as near as I can tell, the only time he has worked in the Dreaded Private Sector was with Goldman Sachs. As well all know, Goldman Sachs is a revolving door between them and government. They are the poster child for Crony Capitalism and one of the reasons the world is in such a mess.
This is typical of Statists such as Sperling. They want to control everything because it’s their destiny. They think everyone else is stupid, and only they, with their 18 years of education, can solve all the worlds problems. Little things like Liberty, Freedom, and the Constitution mean nothing to them.
In case Mr. Sperling and the other Progressive morons in Washington, assorted universities and OSWO2 hobo camps around the country have forgotten, The United States came into being due to a tax rebellion that went violent. Considering the mess they’ve caused, I think they may need another lesson in how the world actually works.
I wonder if I can invest in companies that make tar, feathers and rope? I have a feeling if these losers get there way, there will be a run on these items. This means profits, dividends and jobs. Of course it might be a little hard on the tax hikers and progressive totalitarians, but hey, you can’t make an omlet without breaking a few eggs.
Remember in November!
~The Angry Webmaster~(2 votes, average: 1.00 out of 5)