Recently, Warren Buffett complained that he wasn’t paying as much in taxes as his secretary — a claim soundly debunked. On Monday, former Google executive Doug Edwards begged President Obama to raise his taxes at a LinkedIn town hall.
Many rich liberals — including the president himself — have called for higher taxes on the rich, claiming they do not pay their “fair share,” despite all evidence to the contrary.
In the November 2010 election, Bill Gates and his father, Bill Gates Sr., pushed an initiative to institute an income tax in Washington State, supposedly only on the “wealthy.” Voters soundly rejected the initiative by a wide margin.
In recent weeks, guilty rich liberals have been climbing out of the woodwork complaining about the alleged unfairness of the tax code.
To solve the “guilty rich liberal” problem, I propose the following:
Congress should immediately amend the U.S. tax code to include a special bracket – the Guilty Rich Liberal (GRL) bracket.
This bracket would consist of liberals who earn more than $500,000 per year.
Those who fall in that bracket would be required to pay 100% of everything they make, retroactive for the last ten years.
In addition, everything they own — houses, cars, planes, businesses, furniture, clothing, stocks, bonds, etc., would be confiscated by the government and sold at auction with the proceeds going to the U.S. Treasury.
The GRL would be allowed to keep the clothes on his or her back, but literally everything else would become the property of the government.
In recognition of his or her “sacrifice,” the GRL would be given a certificate good for the down payment on a Chevy Volt and a week’s rent at the nearest Motel 6.
The bracket should doubly apply for elected officials, including the president. For them, the tax would be retroactive for twenty years.
Of course, such a tax could only be levied once and it would, in all likelihood, cause thousands to become unemployed, but the government could use the confiscated funds to pay for their unemployment.
Imagine how good this would make liberals like Michael Moore, Doug Edwards and Warren Buffett feel, as their guilt would be assuaged and their income redistributed to the “less fortunate.”
One can easily visualize the joy Al Gore would express as government agents confiscate his carbon-spewing, greenhouse-gas emitting jets.
This proposal should be immediately brought to the floor of the House and the Senate for passage, and the president should sign it into law as quickly as possible. It must be done now, so guilty rich liberals can feel better about themselves. After all, it’s only fair.
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