While I disagree with statists, I sometimes admire their discipline. They are very good at staying “on message.”
I am 100 percent confident, for instance, that they intend big tax hikes on the middle class, even though they would piously swear an oath to the contrary. Indeed, I suspect more than 90 percent of them secretly would like a value-added tax.
It’s not that they necessarily dislike ordinary people, but privately they understand that you can’t finance big government by taxing rich people.
Simply stated, there aren’t enough of the “1 percent.” Moreover, rich people have significant control over the timing, composition, and level of their income, so class-warfare tax hikes inevitably will fail to generate much revenue (yes, the Laffer Curve exists).
So it makes sense that they want to screw the middle class, but it’s also obvious that they don’t want to admit this is their goal. As such, it’s always interesting and revealing when folks on the left slip up and admit their true intentions.
Photo Credit: 401K 2012 (Creative Commons)