The Right Opinion

Tax Rich Liberals

By Ann Coulter · Dec. 13, 2012

Republicans have been forced into a Hobson's choice of either letting the Bush tax cuts expire for everyone or agreeing to a tax hike on the top 2 percent of income earners (not to be confused with “the rich,” who have already made, inherited or married their money).

If Republicans object to the Democrats' hitting job creators with a tax hike, three things will happen: Taxes will go up for everyone; Republicans will be seen as the “party of the rich”; and the inevitable economic collapse will be blamed on Republicans.

If Democrats were merely trying to raise taxes on the rich in a vacuum, it would be easier for Republicans to oppose raising anyone's taxes. But because the Bush tax cuts are only temporary, unless the high-income earners' taxes go up, everyone's taxes revert to pre-Bush tax rates.

Republicans cannot be the party that raised everyone's tax rates to prove that they can't be pushed around by the Democratic Senate and Democratic president. You don't want job-killing tax hikes on producers? Vote Republican next time.

It is not helpful to complain, “But Republicans will be blamed no matter what they do!” Yes – true. When has that not been true? It's not a novel insight, and it's certainly not an argument for handing our enemies a baseball bat to bludgeon us with.

Consider that the media's neurotic fixation on an alleged Republican “War on Women” was going nowhere. It wasn't even working with soccer moms – until Todd Akin and Richard Mourdock started prattling about rape and abortion.

Suggestion for Republicans: Stop living up to the Non-Fox Media's stereotype of us as woman-hating Cro-Magnons who care only about the rich.

The fact that the NFM is against Republicans doesn't mean Republicans can never win any battles. (The demographic shift to Third World welfare recipients will soon mean Republicans can never win any battles.)

Apart from gay marriage, the only issue the NFM has ever cared more about is aborting babies. And yet, intelligent pro-lifers swung the debate and public opinion by pushing parental notification laws, spousal notification laws and partial-birth abortion bans.

Even now, when we're down to a slight majority in one-half of one branch of government, there are crucial battles Republicans can win.

I note that rich liberals – who somehow manage to avoid paying high taxes themselves – are always wildly enthusiastic about raising taxes on the middle class to keep the strivers down.

Forget the top 2 percent. The top 1 percent of the top 1 percent keep voting for higher taxes – and then take advantage of indefensible tax loopholes and deductions. Get them.

Let's have a class warfare bloodbath.

Californians, for example, apparently adore high taxes. By contrast, Texans – and the Californians who have relocated there – do not. So why should residents of high-tax states be able to deduct their state and local taxes from their federal taxes? Texas and other no- or low-tax states are being forced to subsidize the profligate states.

The five highest-taxed states are New York, New Jersey, California, Vermont and Rhode Island – with California soon pulling into the lead. The five least-taxed states are Florida, Alaska, Nevada, South Dakota and Wyoming.

See the pattern?

You want high taxes, New York and California? Then pay them – with no deductions for state and local taxes on your federal returns.

Billionaire liberal Warren Buffett keeps gassing about how he's dying to pay a higher tax rate (while employing a phalanx of lawyers to argue that he owes less in taxes than the IRS says he owes). Buffett is taking advantage of an unwarranted tax loophole that allows full-time investors like himself to report their entire income as capital gains, not ordinary income.

But that's his job! A stock-picker like Buffett is completely different from a doctor, whose job is to save lives, or a lawyer, whose job is to wreck them. They pay the full income tax rate for what they earn doing their jobs, and then pay a lower capital gains rate on investing the money they get to keep.

Buffett's only job is to earn capital gains. He and others like him should be paying the ordinary income tax rate like the rest of us on the money he earns from his job. Close that loophole. Almost no Republicans will be harmed in the making of this tax change. (There's a reason Sen. Chuck Schumer fought so hard to save it.)

Finally, as Glenn Reynolds – the law professor known as “Instapundit” – has been arguing, it's time to end Hollywood's exemption from excise taxes.

Excise taxes are taxes imposed on goods and activities, passed on to the consumer, such as alcohol and tobacco taxes. There are excise taxes on gasoline, airlines, tanning salons, fishing and archery products, truck driving, long-distance telephone service, and on and on.

Hollywood movies used to be subject to an excise tax, but, for no reason whatsoever, rich Hollywood liberals have been relieved of excise taxes on their products since the 1950s.

Reynolds suggests that, for “extra fun,” Republicans “could show pictures of David Geffen's yacht and John Travolta's personal Boeing 707 on the Senate floor.”

Republicans can't block the Democrats from raising taxes on “the rich” without themselves being responsible for raising taxes on the middle class. But they can at least force liberal fat cats to start paying their fair share.

COPYRIGHT 2012 ANN COULTER
DISTRIBUTED BY UNIVERSAL UCLICK

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8 Comments

Rod in USA said:

*"time to end Hollywood's exemption from excise taxes."*

OK, but Hollywood will just pass on these taxes to consumers.

Time to **CUT SPENDING**. Start with the list below.

1. Coburn "Wastebook": http://www.coburn.senate.gov/public/index.cfm?a=Files.Serve&File_id=b7b23f66-2d60-4d5a-8bc5-8522c7e1a40e

2. http://www.foxnews.com/on-air/hannity/blog/2010/03/12/waste-102-the-final-list/ -- from 2010

3. Heritage Report: http://www.heritage.org/research/reports/2012/10/federal-spending-by-the-numbers-2012

4. Coburn "Department of Everything":

5. "30 Stupid Things": http://endoftheamericandream.com/archives/30-stupid-things-the-governemnt-is-spending-money-on

6. From 20910: Wasteful Programs in the Stimulus: http://www.freerepublic.com/focus/f-news/2567264/posts

7. 10 Amazingly Wasteful Stimulus Projects: http://www.businessinsider.com/10-ridiculous-ways-to-spend-stimulus-money-2009-11?op=1

Thursday, December 13, 2012 at 8:04 AM

Doktor Riktor Von Zhades in Western KY said:

Hence why I keep pushing for a flat tax, everyone pays, no loopholes, no deductions. Personally, I like the idea of a "being a looney liberal tax". Since they so enjoy it, tax them at 98% of their incomes....

Thursday, December 13, 2012 at 8:39 AM

Honest Abe in North Carolina said:

Thanks a trillion, Ann. If we all were taxed at 98% of what we have and earn, the central government despots still would not have enough. Taxing is foolish if they continue to spend every dime they take in and borrow. Sounds as if the conditions are ripe for a dictator!

Thursday, December 13, 2012 at 10:56 AM

Doktor Riktor Von Zhades in Western KY replied:

To quote the Beatles song Taxman;
If 5% appears to small
be thankful I don't take it all

Thursday, December 13, 2012 at 11:19 AM

PDK in Texas said:

The liberals and their democrat party do not have a money problem, they have a spendind problem.

Their spending problem goes back to that immature lifestyle of buying your friends, but has been augmented with a new twist, buying your friends and allies, with someone else`s money.

Tax dodging liberals, such as Kerry, Gietner and so many others, want to buy their friends and allies, but also wish to keep their own money for themselves.

And so, with Einsteinian thinking, they decide to make someone else pay for what they wish to recieve.

Liberalism is the failure to mature. Immaturity substitutes a preferred illusion in said reality`s stead. The liberal illusion of a great, socialist, democratic Utopia is unsustainable and in reality will produce a Dystopia of tyranny, poverty and misery.

The only solution is secession from liberals, minorities and a fully enfranchised democracy, and to a new birth to our Founding Father`s culture of liberty, wealth and happiness.

"Give me liberty, or give me death", Patrick Henry, American patriot, Founding Father. Thank you.

Thursday, December 13, 2012 at 12:14 PM

pete in CA said:

And why wouldn't rich fat cats be all for paying more taxes?

Their taxes go up, they increase the price of their product, movie, song, putt, or whatever.

In the end they pay 2% or 3% more in taxes and gain 10% or 15% or more in personal income.

So who wins and who loses - again!

Thursday, December 13, 2012 at 3:48 PM

Honest Abe in North Carolina said:

One must realize Mr. Obama does not use HIS money to hand out to his minions for their votes. He uses our money to buy their support which makes him look good. Too bad America has become so stupid to believe he has a bottomless bank account. The people need to quit letting him write checks on OUR bank account.

Friday, December 14, 2012 at 2:44 PM

Robinius in Broomfield, Colorado replied:

Obama does not spend our money. Congress has the power of the purse. All of this overspending that has been going overboard for the last 60+ years is done by the representatives of the people, our Senators and Representatives. Republicans are, for the most part, just as responsible as Democrats. Overspending, over-regulating, over-legislating will continue unabated in 2013. The deficit will be well above $1.2 trillion dollars. The Fed will print $500 billion dollars in new money and everyone will be a little poorer due to inflation. Nothing will change. Republicans have no principles - there is nothing they value enough to fight for.

Friday, December 14, 2012 at 8:19 PM