Delusional Politicians and the Misguided Presumption of a
Mandate to Raise Taxes on Those Earning Over $250,000
The
media outlets and liberal politicians either newly elected or reelected have
been pontificating on their misguided beliefs the American voters handed them a
mandate to raise taxes on their skewed view of what constitutes the wealthy.
There are numerous reasons why this theory is wrong.
First
and foremost, an election won by slightly more than 50% of the vote does not
constitute a mandate. A landslide victory may represent a mandate. But in this
election, there was neither a landslide nor a clearly defined explanation as to
why any particular politician or party won. The American public voted for the
status quo or gridlock. The Republicans retained control of the House and the
Democrats retained control of the Senate. Stalemate. There is plenty of argument that other
issues were more pressing than the liberal designs on raising taxes for what
they argue are the wealthy.
Secondly,
even if the primary reason a slight majority of voters sought to seek a tax
increase on the perceived wealthy, it is my guess that only those individuals
who have no fear their own taxes would be raised supported that position. There
is no question that people who receive the benefits of social programs also
known as entitlements vote to retain them. And there are far more of those
entitlement recipients than there are voters earning more than $250,000
annually. So really, what sort of a
mandate is that?
And
there is no definitive quantifier as to what constitutes “wealthy”. The bar
keeps moving. When I was a child a mere 50 years ago, having a million dollars
meant one was rich. On Gilligan’s
Island, Thurston Howell, III was a millionaire. Now, that threshold has
increased exponentially. Even in 1962
$250,000 was not considered rich. It was well off, but not rich. Today an
annual income of $250,000 means different things depending upon where one
lives. In Nebraska it means one can live well. In San Francisco it means one
might be able to afford a condo. Only
from the perspective of President Obama and Nancy Pelosi does it mean one is
wealthy.
If I
were in a position where my income was close to that magic threshold where the
liberals are hell bent on subsidizing many who should stand on their own, I
would ask my employer to give me more vacation days and less money. I would ask
for benefits that would not be taxable but would afford me a better work – life
balance. I would ask for a smaller bonus
to avoid being penalized because a member of congress who gets a lifetime
pension for serving solely one term decided arbitrarily that $250,000 meant I
was rich. I would have my own private
tea party (but with wine) and fight those who tax those who have no
representation – the electorate that plays by the rules and works for a living
with the belief they should be able to keep what they earn.
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