| Submit your comments on this article |
| Economy |
| The tax exempt call for higher taxes |
| 2011-04-14 |
| From In These Times, a progressive blog: “Revolt at the Waldorf: Rich Activists Push for Higher Taxes on Themselves.” Not really. This is a story about some self-reported trust-fund babies protesting the fact that the trusts that fund them are tax exemot. From the post: “Our current tax system perpetuates inequality,” states Elspeth Gilmore. “Wealthy people can really change that narrative.” Gilmore is the co-director of Resource Generation, a national nonprofit organization that supports and challenges young, progressive people with wealth to leverage their privilege and resources for social change. Wait a second, these rich folks formed at tax exempt corporation (“nonprofit organization” to use the lefty term) to protest the fact that rich people can evade taxes? But wait. There’s more: Resource Generation recently teamed up with another nonprofit that organizes affluent activists, Wealth for the Common Good, to form a Progressive Tax Campaign. They will be organizing and advocating a change in the policy, laws and perceptions of our tax system. Specifically, the campaign aims to draw attention to the social services that taxing the wealthy could fund, and advocates higher tax bracket rates for top income earners, as well as higher taxes on investment income. It’s a concentration Resource Generation thinks could have a big impact, even if it focuses on the mundane world of taxes. “It’s definitely not sexy,” Gilmore admits. “There’s a lot of myths around it, and it takes education and time to understand. But it gets right to the root of inequality and wealth disparity.” So, this hypocritical protester admits her protest is ineffectual. But it is tax exempt. I realize that liberalism is for rich social climbers, but this one seems to be climbing the Empire State building. By the way, if readers see a spokesman or other official with a nonprofit protesting low taxes, please e-mail the URL so I can mock the hell out of their hypocrisy. Ivy League professors qualify. My e-mail is donsurber@dailymail.com. |
| Posted by:Beavis |