What is it about private property that Obama does not get? EVERYTHING!
“During a jobs speech at an Amazon shipping facility in Chattanooga, Tenn. Obama proposed cuts in corporate tax rates – a Republican priority – in exchange for more money for jobs programs, a priority of the president.
“I’m willing to work with Republicans on reforming our corporate tax code — as long as we use the money from transitioning to a simpler tax system for a significant investment in creating middle-class jobs,” Obama told Amazon employees. “That’s the deal.”
A tax cut is a reduction in tax rates. It means letting a poor sod (or serf) keep more of his rightful earnings, be he an individual, a shareholder or a group of them. That’s not what the Ass With Ears (AWE) is talking about. So if he proposes a reduction in tax rates on the condition that “The Money” gets moved to his pet, make-work, government schemes, what sort of tax cut is this?
Moving money around for votes is what the moron-in-chief is proposing.
To borrow from a great American, Frank Chodorov, Obama’s glib talk about property not his amounts to the following declaration:
“Your earnings are not exclusively your own; we have a claim on them, and our claim precedes yours; we will allow you to keep some of it, because we recognize your need, not your right; but whatever we grant you for yourself is for us to decide.”