Guest Post by Eric Peters
Sometimes, when you know one thing about a person, it’s all you really need to know about that person.
Here’s something to know about Vivek Ramaswamy, who wants to be the Republican front-man for president: He favors a confiscatory inheritance tax – which he says will promote a “meritocracy” by dint of eliminating the “problem” (as he sees it) of an unearned advantage possessed by people whose parents leave them a substantial sum of money.
Or even any money.
He says that the state seizing – and redistributing – the accumulated wealth of a lifetime of work is “a way of redistributing duty.”
The “duty,” apparently, to turn over whatever’s left of whatever you’ve earned that you still have at the end of your life to the government.
Where to begin?
How about with this business of promoting a “meritocracy” – by seizing and redistributing the wealth earned by the meritorious? Or at least, the successful. People who worked hard – or worked smart – and accumulated wealth, which they did not dissipate during their lives because they wished to save it, presumably for the sake of their children. Which is to say, people who were motivated – at least in part – to be successful because they wanted to help their kids.
This Vivek character favors punishing such parents by promising to have the government take not just some but almost all of what they earned (after having already taken a large portion of it via the tax-theft applied to it when it was earned and then again whenever it was spent and even on the things it was spent on, such as real estate ) so that it can be given to . . . who, exactly?
Why, to the government!
The very epicenter of merit. Where you will find the best and brightest; the people who succeed at productive endeavors that create rather than redistribute wealth. It is our duty to do this! It is our “Path Back to Excellence” – the partial title of the book in which Vivek spells out his plan to have the government equalize everyone.
“We shouldn’t allow people to become billionaires just by having rich parents,” Vivek says. People who have money “owe it to everyone else” (italics added) in order to “preserve meritocracy so others have the chance to do the same.”
Meaning: Hand over whatever’s left of their life’s work to the government at the end of their lives.
Vivek is not a stupid man. He is himself a rich man, presumably by dint of being smart and hard-working. So it is unlikely he isn’t smart enough to understand the meaning of what he says. Which is the same thing the most radical of Leftists have been saying since the Communist Manifesto was published. One of those things being (point number 3) the “Abolition of all rights to inheritance.”
Vivik didn’t say all – and not for all. Just “billionaires.”
For now.
This is how “we” ended up with a tax on income, too. When the 13th Amendment was proposed (by agents of the money interests that controlled – and still control – the country) it was sold to the rubes as something only the wealthiest Americans would have to pay. This appealed to their envy – and their envy clouded their judgment as regards their own self-interest. They were foolish enough to buy the notion that only the wealthy would have to pay the income tax.
And now everyone except the rich – who can afford to pay sharp lawyers to arrange it so that they avoid it – pays it.
It will work the same with the inheritance tax Vivek favors, should it ever be realized. Perhaps because Vivek does not (like all-too-many “conservatives”) appreciate that by agreeing with Leftists you end up with Communism. A system in which what’s yours belongs to others.
So why bother working to earn it?
This is the question begged – but not answered – by Vivek. There is another, related question he ought to be asked to answer: How can a “meritocracy” exist when it is punished? The opposite of Communism is a system in which your success isn’t punished. It is agrees that what you earn does not belong to others. And it follows that if it belongs to you, it also belongs to whomever you wish to leave it to. The fact that this advantages those to whom it is given is not a justification for stealing it from them. If it is, then why not go after – why not punish – other advantages that lead to inequality?
Some people are bequeathed better genes by their parents. They are smarter or healthier or some other advantageous thing – purely as an accident of birth. And many are advantaged by parents who care enough to provide their kids with the best education available. The best food they can afford to feed them. To give them every opportunity – including those others may not have. This is not “unfair.” It is their right.
They are motivated to sacrifice for the sake of their kids. This is as natural a human feeling as the instinct of a cat to protect her kittens. Without it, the kittens will probably die. Without the motive to work – often, for the sake of one’s progeny – so does a society.
It is a bleak barometer of what the Republican Party has become that a Republican presidential candidate can endorse a tenet of the Communist Manifesto – and still be a viable Republican candidate for president.
Then again, it was Republicans who ginned up the first tax on income – under Abraham Lincoln, during what was not a “civil war” (the states of the Southern Confederacy did not seek to take over the Northern states; they simply wished to leave a “union” their grandfathers had assumed was based on the concept of the consent of the governed).
Lincoln “signed into law a revenue-raising measure to help pay for Civil War expenses. The measure created a Commissioner of Internal Revenue and the nation’s first income tax. It levied a 3 percent tax on incomes between $600 and $10,000 and a 5 percent tax on incomes of more than $10,000.”
Note the usual neutral-sounding language of coercion. A “revenue raising measure.” As if it were voluntary.
And of course, it was the Republicans who – over the dead bodies of more than half a million Americans on both sides – ended forever by force of arms the idea of government by consent.
So it is not really surprising that one of the leading candidates for the Republican nomination endorses ending forever the right of those who earn money to save it and pass it down to their kids.
“We” mustn’t “allow people” to do that.
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He’s got as much chance of being president as Chris Crusty.
He’s got as much chance as Joe Biden.
VIVEK -said the only true thing in the whole show :
” CLIMATE CHANGE IS A HOAX ”
So brave…..reeee
#Streetshitter2024
I thought he had more intelligence than your average Apu. I was wrong.
Is he even legally (lol) allowed to be President of the US? Is he an actual citizen or?
What the heck- does anyone care? It’s all about world gov now. Even Pence doesn’t care about the US-or the people in it.
Didn’t stop bathhouse barry, did it.
his relatives pooped on the other side of Kashmir, he would be mayor of london.
Counter argument:
Person A: Wins $10 mil in the lottery. All of it is subject to ordinary income tax rates (37% federal + state income tax, if any).
Person B: inherits $10 million and currently pays zero inheritance tax.
Why should A pay over $3 million and B pay nothing? B didn’t DO anything to earn the money they inherited.
“But tax was already collected on the $10 mil inheritance!!!” (maybe yes, maybe no – there is a “step up in basis” for stocks that have appreciated) . I will point out that all of the lottery tickets are also bought of of people’s AFTER-TAX income. So, the tax was already paid on that lottery money, too.
I don’t know – I feel like this is another con. Getting people who don’t have much money to get all bent out of shape about the “death tax” (that currently excludes > $12 mil before it even kicks in) without noticing that big beneficiaries of “eliminating the death tax” are the Mitt Romneys of the world. If I knew how to cue this to 4:07, I would do it:
Mmmh, the good old [Marxist] “envy” argument.
I never vote for anyone
Hindi’s, on the other hand, arent even given a thought for 2 seconds
Never once ran into a red dot who I could trust.
Personally, I’d vote for him if I knew he could get an inheritance tax passed. I like it.
1. Much wealth has been derived using debt.
2. Money is a claim on resources. Labor is a resource and can be dominated by the wealthy.
3. 3rd world shitholes have something in common and that is high income/wealth inequality.
4. It cannot be denied that some huge fortunes were earned through government favoritism. Elon? Zuckerberg? Sergey Brin?
5. Meritocracy? Some of the worst people on the planet sit around and cause problems when they gain wealth without work.
Yep, I like it.
Glock- The .001% set up trusts to avoid tax. This is about regulah Mericans who worked hard during a lifetime. Swammy wants your estate, Glock.
Then go after the trusts.
SMH
Good or bad, right or wrong, like it or not, when wealth/income inequality get bad enough, bad things happen.
More laws and regulations will fix this!!1! {/facepalm}
Buh-BINGO!!!
GNL
Did you even read the article retard!?!?
He clearly stated even with the death tax the rich don’t pay it!!!! They can afford lawyers to avoid it.
Besides by the 3rd or 4th generation it all gone!!
You are so fucken stupid it’s unbelievable.!!!!!!!
BL,
Would you really care if Brin, Zuckerberg or the Rothschilds had their wealth taxed at 99%?
Glock- When you own the central banks of the world, and the global governments, and most of the largest banks , there are no possibilities of taxes being levied against their air tight tax shelters.
I don’t disagree that there is evil buying up the world and or just taking it. The problem is the .001% also bought the courts. We have been sentenced to open air prisons and they alone decide (short of divine intervention).
Keep in mind that fiat only works if the people have faith in it’s value. If we refused to recognize their fiat as real money, they would become paupers overnight. They are insanely rich because you believe only their money magick has value.
The .001% will never let that happen. Fact of life.
Yes, I’m sure you’re correct.
ha ha ha…any sacrifice for the the shekels, right, bruh ?
“If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or your arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that you were our countrymen.”
~ Samuel Adams
GNL doesn’t know any Soros Fellows , but dem’ shekels……
https://www.pdsoros.org/meet-the-fellows/vivek-ramaswamy
I get a distinct Obama vibe from this guy. Like the same people who foisted the Kenyan homo on us are using the same playbook with Vivek.
Keep America for Americans.
…or burn it to the ground and salt it. Either would be an improvement.
Except this is coming from “inside the house!” GOPee.
Bingo. Unlike the blank slate “conservative” civnats still waving the melting pot, the uniparty recognizes the ascendance of the subcontinent invaders. The republican party is doing Barry’s “pivot to Asia”.
This is what globohomo does. The economic “success” of invader ethnics is proof that the system works!
The deracinated whites clinging to mythological patriotism rooted in economic vampirism of the olden days of debt-fueled forever growth are going to get a lot of tough lessons on how these people operate. Anyone with kids in schools near a pharma or tech hub are likely already getting some.
The mercenary nepotism, tribalism, and in-group preference; the two-faced opportunism of using domestic institutions and traditions when it works in their favor and promptly ejecting them when they don’t; the savvy for maneuvering, purchasing, and aggregating social and systemic nodes power to serve their unique interests; the amoral view of corruption and racketeering, etc.
And all justified by the single-minded pursuit of the conspicuous materialism and status-seeking of the rotten husk of the American Dream.
Its almost as if TPTB are just trolling the reminant republican lifers.
Obama vibe confirmed:
Do links work?
I dunno, I thought him asking that fat bastard Christie for a hug was awesome funny.
The BRICS are coming, the BRICS are coming, despite this Hindu.
Just another democrat trying to look like a conservative republican, he is not succeeding at it.
From Anonymous Conservative a few days ago….
Definitely not an indicator of Cabal-affiliation for GOP Presidential candidate Vivek Ramaswamy :
Vivek Ramaswamy’s Bermuda-based company, Axovant Sciences, had been formed only eight months earlier, but here it was raising $360 million to develop an Alzheimer’s drug that had been all but abandoned by giant pharma GlaxoSmithKline. On the first day of trading the stock almost doubled, giving Axovant a market capitalization of nearly $3 billion. Considering that Ramaswamy had persuaded Glaxo to part with the unproven remedy for a mere $5 million up front, the newlyweds were ecstatic, as was a veritable wedding party of hedge fund pals who had followed Ramaswamy into the stock.
Yet as quickly as it started, the honeymoon was over. Why would Glaxo sell off a promising drug for so little? critics asked. And how could a company with ten employees, two of whom were Ramaswamy’s mother and brother, be worth so much? Experts, analysts and the collective blogosphere quickly piled on, and Axovant’s shares went into free fall.
Imagine all the investors who cleaned up on that buying cheap, getting in low on the IPO, selling high, then shorting all the way down just before the media “revealed” what a scam the stock was, and imagine all the investors who got cleaned out by it.
He’s a better actor than Zelensky, that’s for sure.
Street shitters and tribalist shit on the streets your forefathers paved with blood , sweat, steel and perseverance. ..it’s what street shitter do.
𝐓𝐌
@Trouble_Man
·
Half of the Republican candidates should’ve even be in our country.
Is this what they mean by “conserve”?
https://gab.com/Trouble_Man/posts/110945213752256621
This hypocritical shill is just the latest Manchurian candidate in a long list of similar failures, unlike O’ blah blah and Pedo Joe, who were fraudulently installed. He is slick and glib, but a close examination shows he spends a lot of time, money, and effort to cover up his progressive and globalist past. He is every bit as noxious and unpalatable as Pierre Delecto and his ilk.
Padraig Martin
@PadraigMartin
About Vivek Ramaswamy
It has been my experience that – while outwardly polite – Indians are amongst the most aggressively anti-White racial-ethnicities in the world, far more so then Hispanics or blacks. I believe it has to do with the a combination of historical shame, an “anti-colonialist” mindset, and a deep seated envy of their English conquerors. Many Indians simultaneously hated their White superiors while attempting to emulate them in every facet. What makes Indians more dangerous is that they are intelligent, ethnically tribal, and integrate with White society in an unassuming way.
It does not surprise me that Vivek Ramaswamy would outwardly declare a need for more border security (to get elected) while simultaneously harboring a desire to effectively conquer the crown jewel of the White world – the United States. Given that the UK has already been conquered, this would establish a trend. As much as I love Ireland, the first Western country to choose an Indian PM, the elevation of a gay Indian to Prime Minister was not as significant a conquest as it was a canary in the coal mine.
“Dr. D” comment on today’s Debt Rattle….
Inside says Ramaswamy is a hand-picked as-actor of the pharmaceutical industry. As an amateur, his foreign policy is straight NeoCon, or can easily merge and channel it. That doesn’t mean he knows this, but his backers make sure he’s the new…who is that useless, nameless, pointless brown guy in England right now? Yeah, whoever he is, that guy who’s less relevant than Truss. Wow! That’s what they want Ramaswamy to be installed as, where he’ll reverse all these talking points and platforms like every politician ever. So I hear and it seems likely. Thus the swap of DeSantis and him, with NBC talking him up excitedly.
Climate change is a hoax…Climate change is real.. well which is it?
“Anthropomorphic climate change” is fictional leftist propaganda.
” originating from human activity:”
Anthropomorphic = ascribing human form or attributes to a being or thing not human.
Kinda like people who can’t get along with any human have formed ‘relationships’ with their pets.
I’ve listened to him interviewed on Tucker and he make a lot of good points, he must be a new breed of RINO…he’d fit right in our compromised leftist Congress.