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Walter Hudson

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August 3, 2013 - 5:00 pm

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Urban legend holds that Willie Sutton told a reporter that he robbed banks “because that’s where the money is.” Not to be outdone, Minnesota Congressman Keith Ellison recently made a similar observation. CNS News reports:

Ellison was discussing his “Inclusive Prosperity Act” measure at the July 25th Progressive Democrats of America roundtable in Washington.

“The bottom line is we’re not broke, there’s plenty of money, it’s just the government doesn’t have it,” Ellison continued, “The government has a right, the government and the people of the United States have a right to run the programs of the United States. Health, welfare, housing – all these things.”

The “Inclusive Prosperity Act” would levy a sales tax on the trading of stocks, bonds and derivatives.

We can induce from Ellison’s comments that he believes the government cannot go broke so long as money remains in the private sector to be taken. In other words, your money does not belong to you. The state allows you to keep what you have and reserves the right to seize it for redistribution.

Benito Mussolini would be proud. The Italian dictator who coined the term fascism defined it as a system of government where the state exists for its own sake, subordinating the individual. Like Ellison, Mussolini spoke of the state as though it were a person, elevating its “will” above that of the individual. Ellison ascribes “rights” to the government — to “the people of the United States” — while denying the property right of individuals.

Having apparently learned nothing from his hometown of Detroit, Ellison proceeds as though the trading of stocks, bonds, and derivatives will be unaffected by his new sales tax. Even if individual traders continued their transactions unabated, the tax would remove an estimated $300 billion annually from the private economy. In private hands, that $300 billion gets deployed for an economic return. In Ellison’s hands, it will be deployed for a political return.

A profound cowardice underlies Ellison’s position. Like the constituency he hopes to expand, Ellison seeks to avoid the risk-taking which those he would fleece must face for a chance at profit. While investors proceed without any guarantee that their effort will yield a return, Ellison proposes to feed off their attempt even before success is achieved. Transcending the evil of the income tax, which punishes citizens for their audacious efforts to survive and thrive, Ellison’s “Integrated Prosperity Act” seeks to tax citizens for merely trying to earn something, regardless of whether they actually do.

He might as well tax breathing. Oh, wait

Walter Hudson advocates for individual rights, serving on the board of the Republican Liberty Caucus of Minnesota, and as president of the Minority Liberty Alliance. He hosts a daily podcast entitled Fightin Words, proudly hosted on Twin Cities Newstalk Podcast Network. Walter is a city council member in Albertville, MN. Follow his work via Twitter and Facebook.

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Top Rated Comments   
You have it exactly right, sir.

If taxation without representation is unjust, then so also is representation without taxation.

How many poker games allow you to be dealt a hand without your ante-up?

If you don't have your cash in the kitty, then have a nice big cup of STFU.
1 year ago
1 year ago Link To Comment
Ellison is far from the only dunce in Congress, but the sheer scale of his stupidity is astounding.

Remember that back in the day voting rights were restricted to property owners not because they were predominately white males, but because they were the taxpayers. Those who are subsidized by the government should not be voting, they have an apparent conflict of interests.
1 year ago
1 year ago Link To Comment
War is peace. Freedom is slavery. Ignorance is strength. The government has rights.
1 year ago
1 year ago Link To Comment
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All Comments   (51)
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No, the government spends way too much of the money properly belonging to those who earned it. And, way too much of the spending has been to change our behavior instead of defend the country and build the roads. Ellison needs to find a real job.
1 year ago
1 year ago Link To Comment
Oh, my goodness...just another example of the power of stupid people in large groups. As an officer in the military, if I, or one of my peers did or said anything as stupid as this, the least we would face is scathing criticism and a “nice” job where we wouldn’t supervise anyone.

Time is past due that we force these dimwits to live by the rules that they deal out. Their insidious lunacy is spreading to our Flag Officer corps.
1 year ago
1 year ago Link To Comment
"“The bottom line is we’re not broke, there’s plenty of money, it’s just the government doesn’t have it,” Ellison continued . . ."

The bottom line is we're not stupid, there are plenty of brains, Mr. Ellison, it's just that you don't have one.
1 year ago
1 year ago Link To Comment
Ellison is a member of the fraudulent gutter religion known as The Nation of Islam, not to be confused with actual Islam. It is a cult that was born in prison, and is still run like a crime syndicate. Its leader, Louis Farrakhan, was complicit in the murder of Malcolm X.
1 year ago
1 year ago Link To Comment
Financial Miranda rights:
1. Unless you're Lois Lerner, you do not have the right to remain silent.
2. You do not have the right to counsel, especially one who is well-versed in tax law, that is, someone who can destroy us by using our own maze of 13,000+ pages of IRS regulations. You are, however, entitled to ordinary counsel, that is, someone who can make no sense of the 13,000+ pages of IRS regulations. If you wish counsel, that practically guarantees you will be audited, harassed and incur huge legal costs, plus penalties, interest and exorbitant fees.
3. You have the right to communicate with counsel, family & friends, but if you choose to do so by cell phone or e-mail, your communications will be monitored by NSA.
4. Your date to appear before an obnoxious, unionized, harassing IRS agent will be given to you at a later time, but you can be assured it will conflict with your work, family obligation(s), or other pressing matter(s) in your life.
1 year ago
1 year ago Link To Comment
This bozo doesn't know what it's like to have to work a "real" job. I hear McDonald's is hiring, Keith. You already have the "funny hat."
1 year ago
1 year ago Link To Comment
I wonder if anyone at the Cuckoo Factory has noticed that inmate Ellison has escaped and is serving (snorting at the public trough) in Congress?
1 year ago
1 year ago Link To Comment
Not to worry. Little Chucky Shumer knows where his bread is buttered and his campaign is financed. There will be not tax on securities transfers in the United States as long as Chucky is on the job -- because he knows, and anybody should realize, that it would mean the entire stock market, all the exchanges, and all the traders, would pack up en mass and decamp for Hong Kong or Singapore.
1 year ago
1 year ago Link To Comment

Every day we get one step closer to the real Directive 10-289.
1 year ago
1 year ago Link To Comment
These folks have been hinting for years that our money isn't ours - it's theirs and it's up to their magnanimous nature to decide how much of our money we are going to be allowed to keep.
1 year ago
1 year ago Link To Comment
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