[quote=NeetaT]
I can now commiserate with people who try to hide income. Let’s punish initiative. This is truly socialism in its most profound form.[/quote]
I understand that socialism is a fun word to throw around for those opposed to the current administration. But when using tax rates as evidence, it really becomes an assine assertion. Is a 35% tax rate not socialism, and a 40% rate is? Or is the dividing line 43% or 50%?
Socialism, by the way, refers to government ownership of the production and distribution of goods and services. We are as far away from socialism as any nation on earth. (And please don’t point at current health care reform, either current or even recent versions as evidence of movement towards socialism. None of them contained anything more than a speck of socialism.)
