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Thursday, December 13, 2012

Welcome to the Thugocracy | CNS News

Welcome to the Thugocracy | CNS News

"I'm in the top two percent," said Peter Schiff, CEO of Euro Pacific Capital, this week on CNBC. "Right now, I'm paying 45 percent of my total income in income taxes ... You tell me, what's fair about that when medieval serfs pay 25 percent, I'm paying half? I don't care what the majority voted to do, they don't have a right to steal my money just because they vote for it."

But according to most Americans, they do. And that's the problem.

As America racks up more debt than God has ever seen on this earth, Barack Obama prepares to right all wrongs by taxing the top 2 percent of income earners in America. What right does he have to their money? Well, says Obama, it's only fair and just — they make the most money, so they should foot a disproportionate burden of the tax load.

Obama, like all other liberals, thinks in vague terms like "fairness." He doesn't worry about a fair process — whether or not it's right to allow a majority to discriminate against a minority simply because the minority is rich. He worries instead about a fair outcome. According to President Obama, a fair outcome — greater income redistribution — justifies the means. If a majority votes to seize the money of a minority, that's fair, because greater income equality is fair. No Democrat has yet explained convincingly why it wouldn't be most fair for the government to simply seize all wealth in the country and then split it up equally. After all, fair is fair.

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