Britannia Radio

A dangerous group of millionaires you need to be aware of

Friday, September 02, 201 From the S&A Digest: If you want to see what a group of power-mongering maniacs looks like, go no further thanwww.patrioticmillionaires.org. These people support higher taxes on incomes more than $1 million. A bunch of them have signed their names in support of it. If they want to write the government a bigger check, what's stopping them? Nothing. But that's not what they want. They're a bunch of overeducated hypocrites (like Michael Steinhardt and Nouriel Roubini) who think they know how to run your life better than you do. They think they have all the answers. And by God, they're going to shove them straight down your throat. You're not a fellow citizen to them. You're more like a goose who's been force-fed to fatten up his liver so they can cut it out and eat it as foie gras. Warren Buffett started this baloney. Again, if Buffett loves the government so much, he can write them as large a check as he'd like. No one is stopping him. Raising taxes on income is a great way to generate LESS tax revenue on those incomes, not more. (Of course, it's no great loss if the government has to shut down a bunch of the awful things it does.) This is destined to backfire and will likely lead us into recession. Maybe then we'll stop listening to people who think they're smarter than us… and start acting like we have spines and value our long-lost self reliance. Crux Note: You may not be able to stop the insanity coming out of Washington, but that doesn't mean you can't protect yourself from it. For example, did you know there's an investment opportunity today that's guaranteed to pay you every year, no matter what happens with taxes, inflation, interest rates, or the stock markets? Click here to learn more. More on taxes: California is about to pass one of the dumbest laws in history One of the biggest middle class tax hikes in history is just five months away Hypocrite Warren Buffett's Berkshire Hathaway has been underpaying taxes for years

Topics:

Taxes | Government Stupidity | Boondoggle