Tax that Rich Man Behind the Tree

Now the Progressive-Democrats, in their fever pitch to increase taxes, want to tax phantom profits.

Oregon Senator Ron Wyden (D) [is] reviving plans to make capital gains taxes due annually….

Another Progressive-Democrat, Jon Summers (ex-Communications Director for ex-Senator Harry Reid (D, NV)) rationalized this chimera tax this way:

We’re spending way more money, billions of dollars more, a year than what we are actually bringing in in revenue. We’ve got a debt of $22 trillion, a record debt that has only skyrocketed under this administration. So, Democrats are trying to come up with a solution to bring some sanity back[.]

No, they’re not.  They just want to tax anything they can dream up. Were they serious about trying to come up with a solution to bring some sanity, they’d look for ways to cut spending—but that’s literally inconceivable to them.

Most Americans—the vast majority of us with a sane understanding of revenue flows—know that there are no gains, capital or otherwise, unless and until the underlying asset is disposed.  Until then, any perceived change in value is nothing more than hope or dismay.

Most Americans—the vast majority of us with a sane understanding of the American sense of property—know that the asset, the unrealized gain or loss, and the eventually realized gain or loss are those of the asset owner; they’re private property.

Sadly, Wyden and his cronies don’t believe that.  They act as though the asset and the associated money is Government’s, and those men of Government only let a citizen use the things for a time.

Timidity

Progressive-Democrat Mayor (South Bend, IN) and Progressive-Democratic Party Presidential candidate Pete Buttigieg used to insist that, in addition to Black Lives Mattering, Blue Lives and All Lives Matter, also.

Not so much, anymore.

What I did not understand at that time was that that phrase just early, into mid-, especially 2015 was coming to be viewed as a sort of counter slogan to Black Lives Matter….
And so this statement that seems anodyne and something no one could be against actually wound up being used to devalue what the Black Lives Matter movement….

What utter, timid nonsense.

The devaluing was only in the fetid imaginations of those demanding the meanings of words be changed to suit their whims and not be kept in their true meanings.

All Lives Matter, Blue Lives Matter do not in any way devalue the fact that Black Lives Matter or alter the premise of the Black Lives Matter movement that black lives matter.  Proclaiming the one in no way devalues the other; the two exist easily side by side without contradiction, without dialectic.

Buttigieg’s meek apology for uttering truisms is just his surrender of our lexicon to a narrow, activist move.

The governments of both Russia and the People’s Republic of China are well-known for their doublespeak and their…alteration…of the meanings of words and phrases to suit their political wishes.  Would a President Buttigieg further surrender our lexicon to them and speak using only terms and meanings of which they approve, too?

Is this another example of Progressive-Democrat flexibility to be offered to our enemies?