Taxes Are 1 Plague That Won’t Pass Over Your Home
22nd April 2022
As millions of Jews continue to celebrate Passover, a holiday dedicated to the achievement of a free society devoted to the God-given rights of all people, this week also marked the left’s favorite holiday—Tax Day.
Tax Day represents more than the left’s desire to endlessly take the fruits of our labors and expand the government. Its tax plans are designed specifically to make the government the sole decider of what is produced, who benefits from it, and how our economy is shaped—socialism in practice, if not overtly by name.
The double, triple, and intentionally punitive taxation of investment—the engine that drives our economy—is how the left visits this plague on every American household.
By taxing these means of production at high enough rates, and multiple times, it hopes to drive private investment into the ground, leaving only the government in a position to dictate the details of our economy.
And this ongoing hatred of investment is behind the constant headlines “Billionaires Pay Less Taxes Than Their Secretaries!” — which is a lie; what they do is pay lower tax rates than their secretaries, because their income comes not from wages but from dividends and capital gains — the fruit of investment.
Statists would like nothing more than to tax the fruits of investment as if it were merely wage labor, as well as to strip entrepreneurs of the wealth they have gained by taking risks and working hard.