Wednesday, November 10, 2010

Reviewing the Election

Sometimes you go back over an election and think about why things turned out the way they did.

I was reflecting on a comment left on the blog. about Mr Gates backing I-1098, the failed income tax initiative. The commenter said something like, "Just because Mr Gates is rich doesn't mean he doesn't care about society," by was of explaining why Mr Gates should back an income tax. (The actual remarks are found here)

Naturally, my innocent commenter had overlooked the detail that had 1098 been enacted, we would all be paying income tax in two years. Mr Gates would not be first among equals, but a leading backer of oppressive taxation for the little people. That is, Mr Gates liberalism manifested itself just like someone who is accustomed to controlling the little people.

In a free market, rich people get rich because they are good at what they do. Talent and good work ought to be rewarded in a free society. The motive for the already rich to tax the up-and-coming rich is obvious. The already rich people are content being in control. People working on becoming rich are loaded down with income tax. That tends to leave the already rich in control.

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