I’m not sure if they’ve got guillotine logos made up yet, but a coalition of groups easily identified as Marxists has formed a coven of free-market-hating hucksters looking to impose a 3% wealth tax on Vermont’s excessively successful (as defined by the thieves).
“We all see the effects of increased income inequality, as wages for the vast majority of Vermonters are not keeping up with rising costs of living,” Heilweil said Thursday. “We see the effects of insufficient revenue being raised to provide basic services, and we see the inevitable costs of these goods and services — public goods that the government should be providing — being passed on to low- and middle-income taxpayers who can least afford them, while our current tax structure protects the wealth of a small number of residents.”
The newly formed coalition includes seven interest groups: the Public Assets Institute, American Civil Liberties Union of Vermont, Vermont Conservation Voters, Vermont Early Childhood Advocacy Alliance, Vermont Natural Resources Council, Vermont-National Education Association and Voices for Vermont’s Children.
They were inspired by the 4% surcharge on income over one million recently instituted by Massachusetts. If they are successful in the pursuit, and why wouldn’t they be, they should print up T-hirts that say, “If they can drive away wealth creation, so can we.” That is what inevitably happens. People with mobility can escape a confiscatory government. They can also take any jobs and opportunities that wealth fosters with them. While those left behind find themselves left paying for the spending spree, Democrats took based on revenues they no longer have.
The Communists at the Valley News don’t seem to care about any of that. They are beside themselves with glee, writing,
Now, the conversation over fair taxation has moved from the national stage to statehouses. Proponents of the Fair Share for Vermont proposal on Thursday pointed to Massachusetts’ new millionaires tax, a 4% tax surcharge on income exceeding $1 million, as an example.
In Vermont’s left-leaning legislature, at least one chamber seems eager to take on the topic this coming legislative session. Rep. Emilie Kornheiser, D-Brattleboro, who chairs the House’s tax-writing Ways and Means Committee, told VTDigger that on her committee’s to-do list is to “get our heads fully around taxing wealth and what that means, and what the definition of income is.”
Translation: politicians who are convinced that there is no limit to how much wealth a government can or should accumulate will define what wealth and income mean – not for themselves – but for you. “Revenue” that, using every example of government theft as taxation as our baseline, could be laundered into the hands of wealthy people who – coincidentally – are donating to their re-election campaigns with whatever is left after it gets ground into dust by the unsustainable cost of running that sort of government.
And always to the applause of special interest groups who will beg the government to take more while the people they claim this will help will – as always – be hit hardest.
