Monday, March 18, 2013

Taxation = Thievery (updated)

H/T Legal Insurrection:

The White House wouldn't comment, but was visibly aroused.

Think it can't happen here?  We've already seen the government take loans from pensions.  It can happen.

Expected rationales for a government seizing assets from any given saving account:

  • "Fair share."
  • "Governmental tithe.  Please hold still."
  • "The rich are just stockpiling money and won't spend it, hurting the economy".  The "inactivity=activity" argument.  Upheld by Supreme Court under taxation powers.
  • "The Fed insures it.  That means the Fed has rights to it when necessary."
  • "That's a nice life you have there.  Shame if anything were to happen to it."
  • "We're only confiscating the wealth of the Jews." nauseum.

UPDATE: WC Varones struck gold with this one.

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