"There is danger from all men. The only maxim of a free government ought to be to trust no man living with
power to endanger the public liberty." - - - - John Adams

Saturday, January 12, 2013

Bobby Jindal: "Abolish the income tax"

Bobby Jindal attacks the Marxist Confiscation of Wealth

- - - - Abolish the state income tax.
- - - - Will the GOP legislature go along?  Or will they protect Marxism and wealth re-distribution?

Constitutional Federalist Republican Governor Bobby Jindal said on Thursday he wants to eliminate all Louisiana personal and corporate income taxes to simplify the state's tax code and make it more friendly to business.

The governor did not release details of his proposal, but his office released a statement confirming that the taxes are targets of a broader tax reform plan.

"Our goal is to eliminate all personal income tax and all corporate income tax in a revenue neutral manner," Jindal said in the statement reports Reuters News.

He did not confirm reports that he will seek an increase in sales taxes in order to offset lost income tax revenue, but said: "We want to keep the sales tax as low and flat as possible."

Political analyst John Maginnis, who on Thursday reported in his email newsletter LaPolitics Weekly that Jindal will propose balancing the tax loss by raising the sales tax, now at 4 percent, said the strategy fits with the governor's interest in keeping a high national profile.

"Just proposing a plan on the scale being discussed would win Jindal acclaim among fiscal conservatives here and nationwide," Maginnis told Reuters.

Jindal is often mentioned for national office including the U.S. Senate and as a possible presidential candidate.

Louisiana's neighbor Texas has had no income tax for years, relying on a windfall from its rich energy resources and other forms of taxation. Other states in the region governed by Republicans are trying to copy Texas, including Oklahoma and Kansas, which have both considered lowering taxes.

But political analyst Maginnis questioned whether the Republican-majority Louisiana legislature would endorse Jindal's ambitious plan.

"Any tax increase (such as sales tax) or elimination of exemptions would require a two-thirds vote, a form of legislative approval that would require (Republican) solidarity and significant Democratic support," Maginnis said.

Jindal said his team will meet with lawmakers soon to discuss details of his tax reform plan.

"Eliminating personal income taxes will put more money back into the pockets of Louisiana families and will change a complex tax code into a more simple system that will make Louisiana more attractive to companies who want to invest here and create jobs," he said.

"Soak the Rich."
Republican William Howard Taft and a GOP Congress brought Marxism, wealth re-distribution and class warfare to the U.S. by passing the income tax amendment to the Constitution.  At the time, Republicans boasted to voters that the income tax would target the wealthy job creators in society.
The Big Government loving GOP controlled Congress from 1995 to 2007 protected the Marxist and progressive Federal income tax.  No meaningful Conservative reforms or a flat tax were adopted.

Theodore Roosevelt giving a speech on Long Island in 1917

A GOP Marxist progressive inheritance tax too

“No man should receive a dollar unless that dollar has been fairly earned. Every dollar received should represent a dollar's worth of service rendered not gambling in stocks, but service rendered.

The really big fortune, the swollen fortune, by the mere fact of its size, acquires qualities which differentiate it in kind as well as in degree from what is possessed by men of relatively small means.

Therefore, I believe in a graduated income tax on big fortunes, and in another tax which is far more easily collected and far more effective, a graduated inheritance tax on big fortunes, properly safeguarded against evasion, and increasing rapidly in amount with the size of the estate.”   - - - Theodore Roosevelt


“A heavy progressive tax upon a very large fortune is in no way such a tax upon thrift or industry as a like would be on a small fortune. No advantage comes either to the country as a whole or to the individuals inheriting the money by permitting the transmission in their entirety of the enormous fortunes which would be affected by such a tax . . . "    - - - Theodore Roosevelt


"Many of the men who call themselves socialists today are in reality merely radical social reformers, with whom on many points good citizens can and ought to work in hearty general agreement, and whom in many practical matters of government good citizens can well afford to follow."    - - - Theodore Roosevelt

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