In Defense of the Unpatriotic
President Obama and the chorus labeling corporations leaving the US to escape high corporate tax rates unpatriotic are like pickpockets complaining about people who hide their wallets. They harken back to Franklin Roosevelt, who popularized the notion that government has first call on income and wealth, and anything people are allowed to keep is at its sufferance. Roosevelt went after the wealthy for availing themselves of legal measures to avoid high tax rates. Statists see people as bovines at their abattoir (slaughterhouse sounds so much classier in French). Any intrepid cow trying to escape must be herded to the front and made an example for the rest of the cud-chewers.
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The government is even making it harder for those who renounce their citizenship (their numbers keep growing). The fee just quadrupled (to $2350) and renouncers may have to pay taxes on unrealized capital gains (a huge burden if they’ve built a business they haven’t sold). Remember: if you, your business, and your money want to flee our freedom-destroying regime of taxes, regulations, redistribution, and debt, you are soulless, unpatriotic, and, most despicably, ungrateful to all the selfless and noble public servants responsible for the magnificent achievement that is our government.
via WRSA
