DENNIS PATRICK: SOCIALIST ITCH TO TAX THE RICH
The tax man’s near, and soon is here, and all must pay their due;
From each his wealth will extract a pelf -- oh my, it makes us blue.
Some taxes, sure, are needed, but most of them are not;
Each person is their own tax base, it’s really all they’ve got.
Taxes spent, and where they went? -- were for entitlements;
Most were bequeathed on “entitlees” who “claimed” impoverishment!
The very top taxpayers, the highest five percent,
Pay over half the income tax; to the Treasury it was sent.
Fifty percent of all taxpayers share more of the burden still;
Ninety-five percent of their taxes go into the Federal till.
“Soak the rich!” the Socialists cry as clearly seen above;
But the “rich” pay more than their fair share;
So, where’s the public’s love?
Expatriates are on the move taking all their money;
Beyond the reach of the IRS; it’s sad, but sort of funny.
Recently the IRS from Americans, you see;
Took more money by comparison, than any country.
Americans are so fed up, they’re truly irritated;
But where’s the purge at the ballot box if politicos are so hated?
Still, politicians from all sides, for fear of being purged,
Keep buying votes with our tax dollars no matter how they’re urged.
The sad truth prompts a rally call, a banner high and flappin’;
A Socialist tax will doom our land if we let it happen.
Here’s what politicians think, it’s plain for all to see,
“We must raise our taxes up to fill the Treasury.”
When politicians think this way it goes without a doubt,
They raise tax rates higher still regardless of our shout!
They actually think the higher rates the Treasury will fill,
They’re wrong -- because, in fact, it is the economy they’ll kill!
Their ointment has a fly within that should be evident;
While Socialists expect a glorious effect, it was never meant.
History shows it isn’t so, this trite thinking rejected;
For years and years there’s evidence, if they had just reflected.
The Socialist fraud (which is their god) if they would just consider
That good intensions run amok when running hither thither.
Prez Reagan, Trump, and Kennedy cut taxes to the bone
Resulting in raised salaries that workers could take home!
What the heck, there is effect on any tax increases;
Harm is done to all, not some, when any government fleeces.
High income folk don’t see the joke of their wealth confiscation;
Human nature motivates toward wealth preservation.
The legal ways our commerce takes (the feds conduct enforcement)
They’ll not create more wealth to stake for investing or employment.
It’s not so nice if you can’t entice people to produce.
They’ll stay at home, they’re handout prone. Tax increase cooked their goose.
Truth be told, and the tale is old, it’s all about incentives --
To work, to earn, invest, take risks, creatively inventive.
Incentives matter; they guide behavior. We’re all Pavlovian creatures.
That we reply to stimuli is only human nature.
Art Laffer, an economist, just as it would happen,
Sketched his idea simplistically upon a dinner napkin.
His famous curve that bears his name explains “supply-side theory”
That CUTTING taxes stimulates production ‘tis no mystery.
So now we know and let us go to cast our votes sincerely,
Debauch the Socialist schemes afoot that we might live most freely.
Dennis M. Patrick can be contacted at (JavaScript must be enabled to view this email address).