They Haven’t Taken Enough

…so they want more. And more. And….

President Biden made a renewed push on Monday to galvanize congressional Democrats to overhaul the nation’s tax code and dramatically raise rates on corporations and ultra-wealthy Americans.
… Under his proposal, taxes would rise by $2.5 trillion….

And

The higher taxes would largely be borne by Wall Street and the top sliver of US households, in the form of a steeper corporate rate, a modified wealth tax….

That raised corporate tax rate is, in part, a withdrawal of the corporate tax cuts of the Trump administration, a reduction that made our companies globally competitive and brought their investments back home as well as encouraged increased foreign company investment in our nation. It’s also a net increase in rates over what existed prior to the Trump cuts.

That wealth tax includes a

minimum 20% tax on the incomes of US households worth $100 million or more

along with a tax on unrealized capital gains—that’s the “worth more” part. Those unrealized gains aren’t even income, either, since the assets experiencing the growth isn’t income.

Withdrawing all that money from the private economy is money that won’t be, can’t be, committed to R&D, other innovation, production facility improvement, production facility construction, wage and benefit increases for employees, job creation for additional employees, and on and on and on.

President Joe Biden (D) said his budget demands ensure that

corporations and the very wealthy pay their fair share.

Pay our fair share? What, I ask, is our fair share? Biden and his Progressive-Democrat cronies answer, “All that you have.”

Even one of the founders of the modern Progressive Movement, TR Roosevelt, might demur from this bit of confiscation:

Our country, this great Republic, means nothing unless it means the triumph…in the long run, of an economic system under which each man shall be guaranteed the opportunity to show the best that there is in him.

That is the essence of the American Dream, but Biden-Harris and his cronies want to cap our Dream and punish us American citizens for being successful.

Envy

President Joe Biden’s (D) Success in the American Dream tax. That’s what he and his Progressive-Democratic Party cronies are about to propose and to try to inflict on us. A minimum tax of 20% on income, and on the increased value of non-income assets over the prior year—whether or not those assets were sold and actual income received from the sale.

Because success—making it especially big—in our nation without the “help” of Big Government is anathema to Progressive-Democrats. Such success goes against their mantra that us average Americans can’t be trusted with our own decisions; our own definitions of our needs, our wants, our charities (and how to support them); our own means of satisfying our responsibilities and living with our liberties.

No, our American Dream must be, and must be limited to, what Progressive-Democrats say it is for all of us, not what each of the 330 million of us individuals say it is for each of us individuals.

Oh, and this: Biden and his syndicate cronies don’t even have a use for the tax money, nor have they claimed a plausible one. They just want it. They’re jealous that others have more of it than they do.

Transparency in Schools

Florida now has a significant measure of some.

As a part of the “Year of the Parent,” a commitment [Florida Governor Ron (R)] DeSantis has made to prioritize parental rights, DeSantis signed HB 1467, which includes several protections for parents, such as requiring school districts to allow parents to review all books in the school library, all required classroom book lists, and any instructional materials teachers use.

And

The new law requires school districts convening for the purpose of selecting instructional materials to post meeting notices and make them open to the public. They must also provide access to all materials at least 20 days prior to the school board taking official action on instructional materials, according to the new law. The Department of Education will also be required to publish a list of materials that have been removed or discontinued by school boards as a result of an objection and disseminate the list to school districts for their consideration.

Transparency—what a concept. We all still need, though, a resumption of the practice of parents occasionally sitting on a class their children are taking.

It’s About Time, Joey

The Biden-Harris administration has finally gotten around to honoring an urgent request from an erstwhile American ally.

The Biden administration has transferred a significant number of Patriot antimissile interceptors to Saudi Arabia within the past month, fulfilling Riyadh’s urgent request for a resupply amid sharp tensions in the relationship, senior US officials said.
The transfers sought to ensure that Saudi Arabia is adequately supplied with the defensive munitions it needs to fend off drone and missile attacks by the Iran-backed Houthi rebels in neighboring Yemen, one of the officials said.

That’s good.

Now the Biden-Harris administration also needs to honor another urgent request, this one from a current American ally. The administration needs to ship multiple batteries of Patriot antimissile interceptors to Ukraine. Those batteries also need to be accompanied by the administration’s stepping out of the way of Poland, and others, transferring MiG-29s and other combat aircraft to Ukraine.

This would partially fulfill that nation’s urgent, repeated requests and desperate need for air and missile defense systems with which to defend itself from the actual and ongoing invasion by barbarians from the East and immediate north.

Oblivious

Nero fiddled, but in the modern world, President Joe Biden (D)…bicycles. And he’s not even doing it in the capital like Nero did; he’s ducking out to Delaware to take his rides. Meanwhile, Kyiv burns, Kharkhiv burns, Kherson burns, Mariupol is being razed to the ground, Lviv is getting missiles and bombs dropped on it, barbarians are bombing women, children, hospitals, schools, refugee convoys on routes the barbarians pretended to agree to leave alone. Much of Ukraine burns.

And then other nations that Russia President Vladimir Putin wants to conquer in order to reconstitute the Russian empire will burn. And the conflagration is likely to grow from there.

Bicycling is good exercise, and the physical effort is good for clearing the mind and momentarily relieving the stress of office, even for one who so dedicatedly ducks out on those stresses at every opportunity.

However, Biden doesn’t need to run off to Delaware’s coast every time he takes the notion to go for a bike ride. There’s a nice, five-mile circuit closer to home that he could use to his heart’s content, if he weren’t so insistent on getting out of town.

He could ride his bicycle from the White House up Pennsylvania Avenue to Constitution Avenue, then take 23rd Street NW to loop the Lincoln Memorial, then return along Independence Avenue to Maryland Avenue, and finish back at the White House.

Easy peasy.

But easier for this president [sic] to hie off to Delaware to duck away from the stresses of office. And to avoid facing the world.

Oh, yeah—there is this on his calendar for tomorrow:

Biden is slated to travel to Brussels, Belgium, this week for the March 24 NATO summit on Russia’s war in Ukraine[.]

No plans, though, to travel to Kyiv to meet with Ukrainian President Volodymyr Zelenskyy, like some eastern European heads of state did a few short days ago.

That would be a bicycle ride too much.