28.4.11

Why Not Tax “Windfall Pension” Profits?

By John W. Lillpop


In their ongoing effort to divide America by class and race, Barack Obama and the “progressive” loonies on the left are once again alleging an injustice which causes the rich to be under taxed.

Under taxed? Talk about an oxymoron! There is no such thing, except in the foggy mind of a card-carrying commie.

According to Marxists, all of America’s financial and economic woes could be healing by simply raising the taxes of those who already pay the vast majority of taxes flowing into U.S. coffers. A favorite ploy of liberals is to label unearned riches as “windfall,” which translated means going to the wrong people, in the minds of ding bats on the left.

It just so happens that unearned wealth always accrues to business people and those on the right.

Or does it?

What about the public service employee who retires with a pension that pays him/her 100 percent or more of his/her base salary? For not working?

Just what has that public service employee done to deserve such a rich pay out from the taxpayers’ till? Besides belonging to a mobster-like labor union, corrupt to the bone and more greedy than most oil company executives?

The answer, of course, is nothing. Those exorbitant pensions have no merit in practice and are directly responsible for driving municipalities and even states into insolvency.

So, Mr. President and Democrats in general, when looking for windfall profits to tax so as to mask your reckless spending, take a good, hard look at retired public service employees who are not paying their “fair share” in taxes.

Or are higher taxes for union members completely off the table from a progressive perspective?


Perhaps even a tad "extremist"?