Warren’s Reichsfluchtsteuer

Warren's Reichsfluchtsteuer
Warren’s Reichsfluchtsteuer

It’s so very ironic that Democrats call us Americans Nazis when they, themselves, follow the Nazi playbook so often and so well. The current example is Elizabeth Warren’s recurring attempt at the Ultra-Millionaire Tax Act, which includes an 40% “exit tax” on the net worth above $50 million for any U.S. citizen or long-term resident who renounces their citizenship and flees our country. That is quite literally straight out of the 1930s Nazi playbook. It’s a new iteration of their Reichsfluchtsteuer (Reich Flight Tax).

It’s the same law, just rebranded to fit the Democrats’ narrative. It’s even based upon exactly the same original premise – to stop people from fleeing extreme taxation. But somehow, some way, we’re the Nazis?

Then, that projective accusation is part of the Nazi playbook as well.

Accuse the other side of that which you are guilty

— Joseph Goebbels

Cambridge, MA, isn’t near or much like Berchtesgaden, and her home isn’t much like the Berghof, but neither is a particularly good reason to summarily dismiss giving Operation Foxley another try. 😉

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Voting With Their Feet

Makers Are Voting With Their Feet
Makers Are Voting With Their Feet

Bad policies matter, something that Democrats, the primary source of policies which are untenably bad for those who actively contribute to and grow the economy, don’t seem to be able to learn this. Or, since those who can be described as the Makers aren’t normally their constituencies, they don’t care. That’s why a lot of these Makers are voting with their feet.

Now, nationally it’s still a small thing, but one that has increased dramatically. Only about 2.5% of the current US population has emigrated. But that’s a little over double what it was 20 years ago. The numbers of wealth generators, i.e., actual taxpayers, who have internally migrated is far more stunning, and that’s what is actually important.

Which States Are Winning And Loosing
(Click Either Image Below To Enlarge)

Losers
Winners

 

As you can see, people with wealth are leaving Blue States in very expensive droves. Well, expensive to the Leftist governments of those Democrat safezones. Loosing over $55 billion in residents’ Annual Gross Income is no small or easily coped with thing for state governments. And the numbers shown are just personal monies. It doesn’t include all the businesses moving out of Democrat-controlled zone.

And, while this is going to have very large impact on politics, the economic impact and the follow-on effects thereof are going to be more important as we move into the not too distant future. It is not unwarranted to posit that many of the Left-wing areas will go the way of Detroit, which is still on track for effective abandonment, not being able to sustain its infrastructure without the tax monies of those who fled mismanagement and a government antagonistic towards those who generate actual wealth.

Yeah, millions of Americans are voting with their feet. And, their voting against Democrats’ bad ideas and punitive policies.

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Of Pots And Kettles

Of Pots and Kettles calling each other black
Of Pots And Kettles Calling Each Other Black

One admittedly problematical point in the GOP’s tax reform bill is that it increases the national debt by, at the most pessimistic estimate, $1.5 trillion – yes, with a “T” or $1,500,000,000,000 – over the next 10 years. It’s a point that Congressional Democrats and their Liberal and Progressive followers have ranting about since the bill’s inception.

Of course, given the Democrats’ love of deficit spending, this is the rankest hypocrisy. Hence, it is exactly what the American people have come to expect from our domestic enemies.

One further point of note, however – This is today. At any time in the future that the Republicans choose to rant about increasing the deficit for immediate economic gain – and they will, they’ll have gone from kettle to pot and be just as bad as the Democrats today.

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