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Read related » Sen. Charles Schumer on Bush tax cuts: Keep rates same for anyone making up to $1M
[This related article is recommended in its entirety.]
“Sen. Charles Schumer argued Sunday for a compromise on extending the Bush tax cuts by keeping rates the same for those making up to $1 million. […] "The American people want us to do a tax cut I really believe the Republican party will not hold middle-class tax cuts hostage to protect tax cuts for millionaires and billionaires," Schumer said.”
— LUKAS I. ALPERT, November 15th 2010 (nydailynews.com)
In a recent post I implied that Sen. Schumer is a schmuck. I was wrong. He is more sinister than that.
Good ol' Chuck knows very well that this favorite cliché of his class-warrior leadership is perpetuating a myth that had been repudiated a long time ago. The more you try to soak the rich, the more of their wealth they shift into tax-exempt investments. And the more they shift their wealth away from taxable entrepreneurial capital investments, the more effectively is wealth-creation (including job creation) reduced for everyone. It's literally lose-lose.
But good ol' Chuck also knows that class-war tactics garner the ignorant vote, which, sadly, is a very large chunk of the electorate. As I have also recently posted, this sort of propaganda is very much responsible for the millennia of European Jew-hatred. Ignorance perpetuates the myth that wealth-creation is a zero-sum game, which begets envy, which leads to confiscatory taxation as well as outright theft, and ultimately fatal consequences for those who relied on innovation for survival.
The Jews who support "progressive" politicians like Schumer (himself a Jew) also provide for the care and feeding of the hatred with a life of its own, namely Jew-hatred. These people likely don't view themselves as self-loathers. But many of them are loath to accept responsibility for the consequences of their actions, especially if those consequences are unintended. So they stubbornly persist in fomenting class-based animosity, which is analogous to the religion-based animosity that metathesized into full-blown Jew-hatred.
Thus, we come full circle to the square-root of all evil, namely ignorance.
Post 1,498 Ignorance, Wealth-Creation, Envy, Taxes, and Jew-Hatred
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