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Jim Cook

 

RUNAWAY SOCIAL SYMPATHY

Every once in a while I switch the TV channel from Fox to CNBC to see what the liberals are saying.  After listening awhile I get a deep sense of hopelessness and foreboding for our country.  The most important thing for the left is giving money to people.  They are happy to see the growth of food stamps, disability payments, housing subsidies, free healthcare and all the other welfare benefits.  They utterly fail to see the damage it is doing to the recipients.  Whole cities that once flourished have deteriorated into rotting eyesores populated with shambling hulks of chemically dependent drones.  These people are no longer employable.  They have become incompetent and helpless and the liberals can’t see that it’s their doing.

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The Best of Jim Cook Archive

 

Condensed Articles

April 22, 2015

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THE BLUEPRINT FOR RAISING TAXES
By Charles Hugh-Smith

(condensed)

As the global economy slides into recession and the U.S. economy catches a cold, the blueprint for raising taxes will be dusted off in every state.
Here's the blueprint:

  • Declare the tax is an emergency measure.
  • Start the tax out at a low rate to minimize resistance.
  • Levy the tax only on the wealthy to play the "it's only fair" card.
  • During some late-night session when the public isn't looking, make the tax permanent by burying the provision deep inside some popular and/or complicated legislation.
  • Raise the tax rate in response to deficits, i.e. "we need more money."

 

  • Gradually expand the base by reducing the qualification level from "wealthy" to "well-off" and eventually to everyone.
  • Gradually reduce deductions and exemptions to pittances.
  • Auction off exemptions for the super-wealthy via campaign contributions.

You can watch the blueprint in action in any number of locales – for example, Rhode Island, where the governor is proposing a first-ever statewide property tax on second homes worth more than $1 million. The proposed levy has been dubbed the Taylor Swift Tax in honor of Swift's $17 million mansion on the Rhode Island coast.