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will explain a lot -  about the mindset of many who are Republicans (and unfortunately more than a few who are at least nominally Democrats, including those in the group Democrats for Education Reform), and will most certainly help you understand the thinking of the likes of Mitt Romney.

That is the title of this columnby Steve Pearlstein of The Washington Post, appearing in today's dead-tree edition, and online since last night.

It is brilliant.

It is also almost impossible to excerpt, although below the squiggle I will offer a few selections with commentary.

To whet your appetite, perhaps you might consider this:  

I am the misunderstood superhero of American capitalism, single-handedly creating wealth and prosperity despite all the obstacles put in my way by employees, government and the media.

I am a job creator and I am entitled.

And who are these people?  According to Pearlstein they include corporate chief executives, business owners,and private equity managers (and that may not be an inclusive list).

Each of the paragraphs after what I have block-quoted begins with the telling words:

I am entitled

What are some of the things to which these folks think they are entitled?

How about complain about the economy even when my stock price, my portfolio and my profits are at record levels.
How much more wealth do they think government policy should shift into their pockets, I wonder?  How much more does the political system need to be tilted in their favor, just because "corporations are people, my friend."

These people think they are entitled to government provided services without paying the taxes that provide those services, and to be able to complain about and demonize the government workers who provide those services.  Believe me, as a retired teacher this is one I have experienced first hand.  Remember, corporate executives do not want to pay local taxes (the primary funding source of schools) and will play off local jurisdictions and states one against another in seeking the lowest tax burden, then insist upon imposing upon those very same schools their agendae.

And then there are taxes.  The sense of entitlement makes these people believe that thay are entitled complain bitterly about taxes that are always too high, even when they are at record lows.
  That's right, boy-o: our taxes, for corporations and for high earning individuals have continually dropped, having the effect of shifting ever more of the burden for government and for the social safety net onto salaried individuals, while moving to abandon the poor.  But these folks think they are entitled have my earned income taxed as capital gains and my investment income taxed at the lowest rate anywhere in the world — or not at all.
As a percentage of income, total American taxes pale in comparison to those in other nations, especially the social democracies of Scandinavia, where in fact folks by and large do not complain about their taxes because of what they get from their governments, which is far more than a bloated military-industrial complex, endless wars, and ballooning debt - that might be why on any measure of happiness people in those countries do far better than Americans.

This is getting lengthy.

You should be getting the point.

You need to read the Pearlstein.

You absolutely should be passing it on.

I can imagine turning this into viral youtubes.


How about this:

I am entitled to pass on my accumulated wealth tax-free to heirs, who in turn, are entitled to claim that they earned everything they have.
.. or this:
I am entitled to fire any worker who tries to organize a union. I am entitled to break any existing union by moving, or threatening to move, operations to a union-hostile environment.
or this Mitt Romney / Bain Capital Management special:
am entitled to load companies up with debt in order to pay myself and investors big dividends — and then blame any bankruptcy on over-compensated workers.
There are these obnoxious statements:
I  am entitled to all the rights and privileges of running an American company, but owe no loyalty to American workers or taxpayers.

I am entitled to confidential information about my employees and customers while refusing even to list the company’s phone number on its Web site.

But even with all he lists, Pearlstein realizes he has not exhausted the sense of entitlement of folks like these.

Which is why he ends with this:  

I am entitled to everything I have and more that I still deserve.
Like, if you are Mitt Romney, your belief you are entitled to be President of the United States?
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Comment Preferences

  •  what you might do (137+ / 0-)
    Recommended by:
    LaFeminista, simaramis, luckylizard, ER Doc, BenderRodriguez, DRo, kestrel9000, Burned, pioneer111, coppercelt, techiechick, MKHector, Grandma Susie, One Pissed Off Liberal, reginahny, Chi, Gorette, jimstaro, political junquie, emmasnacker, MartyM, theKgirls, Catherine R, JKTownsend, Americans for a Republican Irrelevancy, bronte17, cindiloohoo, Sun Tzu, gulfgal98, NM Ray, SaintC, Dobber, bookbear, blue denim, Kristina40, hlsmlane, bakenjuddy, wxorknot, stevenwag, freelunch, GreyHawk, triplepoint, philipmerrill, be the change you seek, Susipsych, Sylv, filkertom, kerflooey, HCKAD, Loudoun County Dem, Margd, a2nite, Terri, BlueDragon, batchick, Catskill Julie, CroneWit, Blu Gal in DE, slampros, zenox, Preston S, Ohkwai, Phoebe Loosinhouse, most peculiar mama, Ken in MN, progressivist, Only Needs a Beat, shypuffadder, zerelda, xanthippe2, memester2012, kayhag, Eric Twocents, emal, implicate order, icebergslim, Bluehawk, stormicats, OhioNatureMom, ipaman, belle1, Laborguy, Tara the Antisocial Social Worker, Linda in Ohio, AnnieJo, lcrp, flitedocnm, Lucy Montrose, mollyd, Milly Watt, tofumagoo, Matt Z, Plox, Mary Mike, PrahaPartizan, oldliberal, KnotIookin, mujr, ferment, IndieGuy, cherryXXX69, Gowrie Gal, Nowhere Man, notrouble, leonard145b, Siri, Orinoco, countwebb, sagansong, Clytemnestra, multilee, K S LaVida, yoduuuh do or do not, millwood, where4art, smartdemmg, elziax, Vienna Blue, Sunspots, Leap Year, VTCC73, Australian2, bibble, political mutt, SherwoodB, brentbent, eyeswideopen, Michael Chadwick, susanWAstate, weneedahero, Alumbrados, fhcec, mofembot, topazOR, NoisyGong, maf1029, JerryNA

    since I cannot cover every example of entitlement offered without violating fair use

    pick one that particularly catches your attention - list it and address it in your comment.

    And by all means, make sure this column gets widely distributed.


    "We didn't set out to save the world; we set out to wonder how other people are doing and to reflect on how our actions affect other people's hearts." - Pema Chodron

    by teacherken on Sun Sep 30, 2012 at 04:41:46 AM PDT

  •  One way to judge is by the quality of the (20+ / 0-)

    jobs you create and you know this by the quality of life all your employees enjoy or not. If you judged yourself by the lowest paid worker then that is your worth?



    "Another world is not only possible, she is on her way. On a quiet day, I can hear her breathing." Arundhati Roy

    by LaFeminista on Sun Sep 30, 2012 at 04:51:22 AM PDT

  •  This may sound bizarre... (7+ / 0-)
    Recommended by:
    DRo, Chi, bronte17, Sylv, tofumagoo, solliges, maf1029

    but I can't help but link that "me, me, me" mindset with the rise in the popularity of individual sports.

    Take a look at something like the "X" Games and all similar, so-called "extreme" sports.

    Every single one of them is an individual sport. There are no team sports at the "X" Games, and these types of sports hold great appeal to our next generation of leaders.

    We've become an increasingly egocentric culture, and while I have no idea why this is occurring, I can't help but connect the dots in seemingly disparate facets of our world.

    On the other hand, maybe I'm just nuts.

    How about I believe in the unlucky ones?

    by BenderRodriguez on Sun Sep 30, 2012 at 05:00:58 AM PDT

  •  Thanks for pointing us to the article. (22+ / 0-)

    I'm already incensed and I've only read your excerpts.  

    The thing that has stood out for me for some time is that we might not have been having this conversation without the Occupy movement.  While some consider it a failure for any number of reasons, I don't think anyone could deny that it has changed the national dialog.  I don't see any real conversation about the entitlement of the rich without that entitlement having been brought up by the DFHs in that NYC park and the contrasts between them and the rest of us crystallized by the violence of police against us around the country.

    Off to read the entire thing...

    -7.62, -7.28 "Hold fast to dreams, for if dreams die, life is a broken winged bird that cannot fly." -Langston Hughes

    by luckylizard on Sun Sep 30, 2012 at 05:03:04 AM PDT

    •  Just wait until you read the comments (4+ / 0-)

      It amazes me how many folks know so little about economics.

      The GOP is the party of mammon. They mock what Jesus taught.

      by freelunch on Sun Sep 30, 2012 at 06:35:19 AM PDT

      [ Parent ]

      •  Very little amazes me anymore. (0+ / 0-)

        The only things they do or think that take me by surprise are those I haven't considered much yet.  Their actions and reactions regarding most of their pet peeves are just ratcheted up a notch or two each time.  Almost predictable...

        -7.62, -7.28 "Hold fast to dreams, for if dreams die, life is a broken winged bird that cannot fly." -Langston Hughes

        by luckylizard on Sun Sep 30, 2012 at 04:19:33 PM PDT

        [ Parent ]

    •  Krauthammer or Will could have written this, too. (1+ / 0-)
      Recommended by:

      Of course they would have merely been grumpy old men who are slowly losing it and taken their 'gems' seriously rather than mocking the attitudes of those who have unearned riches.

      The GOP is the party of mammon. They mock what Jesus taught.

      by freelunch on Sun Sep 30, 2012 at 06:53:32 AM PDT

      [ Parent ]

    •  Paul Krugman made another noteworthy.. (1+ / 0-)
      Recommended by:

      ..observation (that OWS has helped to bring to the surface) - The 'hereditary principle'  
      Today's entitled class members (re)-expanding the Randian objectivist philosophy's definition to 'We should be grateful':  

      This actually represents a break with the previous defense of the rich. Until now, the official line has been that what we need are incentives — that jaawwb creeaytohrs won’t do their thing unless we dangle the carrot of immense wealth in front of them. But now we’re supposed to think that it’s not the prospect of future wealth, but wealth in being, that’s what is really so wonderful.
       But this is how it’s going. If the right continues to make political gains, coming next is a reaffirmation of the hereditary principle.
      I say re-expanding the defintion because haven't we been here before?  gilded age mind-set - or even farther back and across the ocean?
      Rich Guy Says We Should Be Grateful For His Wealth - May 2, 2012, 8:32 am
  •  Where to start? One that I find particularly (20+ / 0-)

    distressing is that through dalliance with dilletantes, posers like Paul Ryan are oiled up into Gods of economic wisdom.

    Although I have no clue how government works, I am entitled to be consulted on public policy by politicians and bureaucrats who have no clue about how business works.
    Father-in-laws fracking money has bought Ryan genius.  

    They may not know how government works but they sure know how to make it dysfunctional.

    "I'll press your flesh, you dimwitted sumbitch! " -Pappy O'Daniel

    by jakewaters on Sun Sep 30, 2012 at 05:09:56 AM PDT

  •  Replace "job creator" with "fascist" and you... (4+ / 0-)
    Recommended by:
    freelunch, OooSillyMe, a2nite, tofumagoo

    ...would be spot-on.

    "I am a fascist, and I am entitled."

    "We see things not as they are, but as we are." - John Milton

    by Jasonhouse on Sun Sep 30, 2012 at 05:20:46 AM PDT

    •  Gah... 'you' is Steve Pearlstein, not OP. (0+ / 0-)

      I love posting before I've properly articulated my thought. durrr...

      "We see things not as they are, but as we are." - John Milton

      by Jasonhouse on Sun Sep 30, 2012 at 05:22:43 AM PDT

      [ Parent ]

    •  not all in those categories are job creators (8+ / 0-)

      private equity managers are not

      some business owners are not

      as far as American jobs, many chief executives, with their focus on profits and their willingness to offshare, are American job destroyers

      "We didn't set out to save the world; we set out to wonder how other people are doing and to reflect on how our actions affect other people's hearts." - Pema Chodron

      by teacherken on Sun Sep 30, 2012 at 05:22:47 AM PDT

      [ Parent ]

      •  The very rich rarely are job creators (8+ / 0-)

        We have the Walton family that inherited its money and, like Willard M. Romney, spends its time trying to keep taxes down because it has no ideas how to make money in any honorable fashion. I suppose that billg was a job creator of sorts, but those jobs were going to be created anyway because of the dynamics of the industry. We have Warren Buffett who never tries to delude us about his taxes or his role as investor not "job-creator". We have hedge fund managers who, as Willard said, are not in the business to create jobs. The Kochs were heirs and buyers of other companies. I'm not aware of any new ideas they ever offered to people.

        The GOP is the party of mammon. They mock what Jesus taught.

        by freelunch on Sun Sep 30, 2012 at 06:43:30 AM PDT

        [ Parent ]

      •  When we shifted economically (3+ / 0-)
        Recommended by:
        Jasonhouse, SherwoodB, susanWAstate

        in the 1980s "job creators" became status quo managers. The skills needed to startup up a firm and bring a product from idea to market requires a very different set of skills than managing a company. They young person who opens a cup cake bakery and hires an assitant is a job creator. Or opens a new resturant. Or a new tool and die plant and hires and trains new techs are job creators. If you are in finance the only thing you do is move piles of money around. You create nothing. You simply collect rent.

        None of the so called capitalists of our era could measure up morally to the standards of Adam Smith, who believed that men needed to be compelled to act morally in business or else the whole system would fall apart. We have a managed capitalism system that is manged in favor of the wealthy. Most government regulations and tax policy benefit the corporate owners. And the corporate types have figured out it is cheaper to violate the law and then hire lawyers to fight in court than it is to do the right thing. The right thing by their employees, customers, vendors, the society at large, and the environment.

  •  And now for the truth (9+ / 0-)

    I am a job creator:  a manifesto of the middle class.

    I work hard every day, underpaid, overworked, pay taxes, pay bills, have children, lucky to save any money as I am spending every dollar I earn to get by - and this is what makes me a job creator, not the famous "small businesses" or vulture capitalists.

    Now I know someone here could take a better run with that - and I also don't qualify as middle class, so it would be best coming from another poster.

    "There is no barrier of people's acceptance. The only barrier is the media. Remember what people cannot see or hear, they cannot think about." - liner notes of Soft Cell's 'The Art of Falling Apart'.

    by dugjxn on Sun Sep 30, 2012 at 05:28:15 AM PDT

  •  This needs to go viral. (5+ / 0-)
    Recommended by:
    DRo, teacherken, Sylv, smartdemmg, Eric Nelson

    Posting links on Facebook, Twitter, etc.

    Most of the Republicans I know aren't thinkers;  they're feelers.  They go with what "feels" right to them, without examining it too deeply.  All the facts in the world won't sway them.

    Pearlstein has created something that can resonate with feelers.

    This is much more valuable than data when dealing with conservatives.  Once it resonates with them, it's made a difference (whether they'll openly admit as much to us, or not).

    It's true--after the rapture, we get all their shit. Unfortunately, they all shop at WalMart.

    by techiechick on Sun Sep 30, 2012 at 05:30:51 AM PDT

  •  You beat me by (6+ / 0-)

    20 minutes. But I will leave my diary up because my commentary is different from yours, if that's okay with you.

    I used to comment on Pearlstein's live chats and sometimes he answered. He could never accept the idea of corporate greed being a factor to consider in any discussion. That's why I meant that he'd come a long way. It's hard to believe, but the 2008 collapse got their attention if nothing else did to turn them around.

    "extreme concentration of income is incompatible with real democracy.... the truth is that the whole nature of our society is at stake." Paul Krugman

    by Gorette on Sun Sep 30, 2012 at 05:31:04 AM PDT

  •  Knowing you are an educator, as I am, (16+ / 0-)

    I made the connection that WE actually are the job creators.  American public education, which creates literacy, is the real job driver.

    Remember, you can't have crazy without az.

    by Desert Rose on Sun Sep 30, 2012 at 05:34:42 AM PDT

    •  This is where I thought the diary was going (4+ / 0-)

      although I am certainly pleased with the direction it eventually took.

      As a former and future teacher, I am not only a job creator, but the ultimate investor and philanthropist--as is every other educator working to improve the short- and long-term outcomes of children in this country.

      "Growing up is for those who don't have the guts not to. Grow wise, grow loving, grow compassionate, but why grow up?" - Fiddlegirl

      by progressivist on Sun Sep 30, 2012 at 07:32:43 AM PDT

      [ Parent ]

    •  Ayup (3+ / 0-)
      Recommended by:
      Desert Rose, Leap Year, Eric Nelson

      As a future teacher, who is currently doing his student teaching, I could not agree with you more.

      And literacy? I'm teaching high school English :)

      CoB, back to lesson planning now, which is really hard, especially when you have no fracking idea what you're doing :D

      "Maybe: it's a vicious little word that could slay me"--Sara Bareilles

      by ChurchofBruce on Sun Sep 30, 2012 at 08:42:47 AM PDT

      [ Parent ]

  •  The clearest indicator of entitlement syndrome (7+ / 0-)

    From the linked commentary...

    I am entitled to a compensation package that is above average for my company’s size and industry, reflecting the company’s aspirations if not its performance.
    Getting paid based on your title, not on the prosperity your toil creates.

    "We see things not as they are, but as we are." - John Milton

    by Jasonhouse on Sun Sep 30, 2012 at 05:34:49 AM PDT

  •  Surviving Mil. Spouses/Kids - Veterans (3+ / 0-)
    Recommended by:
    DRo, Sylv, Matt Z

    Image Hosted by

    Vets On FLOTUS and SLOTUS, "Best - Ever": "We haven't had this kind of visibility from the White House—ever." Joyce Raezer - Dec. 30, 2011

    by jimstaro on Sun Sep 30, 2012 at 05:43:21 AM PDT

  •  It's the other way around (11+ / 0-)

    Most likely you became wealthy because you are entitled.

    1) You were born with wealthy parents, the number one way to become wealthy today.

    2) You are an executive of a large corporation. I hate to break it to you, but the value of your labor in no way matches the actual work that you do. You have nothing at risk, if you fail you get a golden parachute into your next executive position. You are an entitled member of a special class; you are a Prince of the corporate world.

    4) You got it by "investing". If the investment sector worked properly there would be small, justifiable  profits for moving capital from where it is not being used to where it is needed. This is not your model. You are making money through theft, essentially stealing money from small investors and retirement funds by manipulating the markets and creating bogus investment vehicles.

    Not surprisingly, being entitled results in craving for more entitlement. You guys just can't get enough. The truth is that the world would get along just fine without this class of entitlement junkies.

    •  You also used your privledge (2+ / 0-)
      Recommended by:
      salmo, SherwoodB

      to make social conections to meet people who greased the rails for you. You go to Harvard to meet people. You join a fraternity for the same reason. You make friends and these friendships mean that you appoint each other to jobs meant for the elite which you are a member of because of who you met at Harvard and through you fraternity. And then all you have to do is hold on. How many bankers are out of work today because they are incompent bankers?  No one in finance loses their job because of a bad decision if they know the right people.

  •  That is inspired! (5+ / 0-)

    It sums up everything about the people in that room in Boca when Mittens was going on about "the 47 percent." It also sums up every economic "criticism" from the Right about Occupy, Obama, or anything that isn't Randian. (Example: "A poor person never offered ME a job!")

    "If you're going to go down with the ship, make it a submarine." - Wayne Shorter

    by Oliver Tiger on Sun Sep 30, 2012 at 05:56:45 AM PDT

  •  third comment in line as I read it... (3+ / 0-)
    Recommended by:
    Sylv, freelunch, ChurchofBruce

    a full-throated rebuttal of the piece, using all the same tired old talking points; like "inherited money has already been taxed" completely missing that it's not the fact of inheritance, it's the entitlement.
    Of course, my wages are taxed, too. But I pay taxes again when I spend that money. Why no outrage?
    Commenter soon devolves into accusing the Post of class warfare, throws Warren's name in there, and opines the column should be part of the Obama campaign.
    A remarkably clear object lesson, right there in the comment section.

    R-Money/R-Ayn, the ENRON Ticket, is not a campaign; it's a hostile takeover bid.

    by kamarvt on Sun Sep 30, 2012 at 06:08:33 AM PDT

  •  Hey, sorry I didn't return the favor above, (0+ / 0-)

    not completely awake. Please leave a link if you care to in my diary. The more attention to this the better. It's wonderful the accessible way in which Pearlstein's piece is written, isn't it?

    "extreme concentration of income is incompatible with real democracy.... the truth is that the whole nature of our society is at stake." Paul Krugman

    by Gorette on Sun Sep 30, 2012 at 06:34:15 AM PDT

  •  This was eats at me (5+ / 0-)

    I am entitled to a judicial system that efficiently enforces contracts and legal obligations on customers, suppliers and employees but does not afford them the same right in return.

  •  And another one, we can't have healthcare but... (5+ / 0-)

    I am entitled to have the company pay for breakfasts and lunches, a luxury car and private jet travel, my country club dues and home security systems, box seats to all major sporting events, a pension equal to my current salary and a full package of insurance — life, health, dental, disability and long-term care — through retirement.

  •  "I am entitled to fire..." (5+ / 0-)

    "I am entitled to fire any worker who tries to organize a union. I am entitled to break any existing union by moving, or threatening to move, operations to a union-hostile environment."

    Globalization - which has led to record profits - has wreaked havoc on labor.  "The 1%" is so far ahead of workers that the very task of organizing is almost scoffed at.  Workers in America, fed on wages and salaries of ever decreasing value, have been utterly trounced over the last 35 years.

    On the other hand, I think the broad stroke with which the author paints, is a bit too bold.  There are business people who are honest, who have integrity, and care about their workers.  We need more of them.  Capital is not the enemy (as far as I am concerned).  Those that employ Capital for pure greed are the enemy.  We must - through regulation, enforcement, and organization - create a world where "business" and "ethics" are not oxymorons.

    When I rise, may I rise up joyful, like a bird. When I fall, may I fall without regretting, like a leaf. -- Wendell Berry

    by Batensmack on Sun Sep 30, 2012 at 06:52:50 AM PDT

    •  The "Good Guys" make headlines (2+ / 0-)
      Recommended by:
      Sylv, Batensmack

      When a CEO takes a significant cut in pay to keep their workers in jobs, it makes headlines because it is rare, startling, and out of the ordinary.

      But by far, the more "normal" occurrence is a CEO who accepts their raises and bonuses even in "tight economic times" because they think it's their due -- even as staff is being slashed below them because "we're in a down business cycle and need to adjust our resources accordingly."

      "There isn't a way things should be. There's just what happens, and what we do." — Terry Pratchett (A Hat Full of Sky)

      by stormicats on Sun Sep 30, 2012 at 08:16:05 AM PDT

      [ Parent ]

  •  Teacherken, I thought YOU were going to say YOU (4+ / 0-)
    Recommended by:
    progressivist, ChurchofBruce, Sylv, a2nite

    were a job creator, because of your lifetime as a teacher.

    In fact, you have done more to create jobs than any of these billionaires!

  •  this one (3+ / 0-)
    Recommended by:
    Bluehawk, ChurchofBruce, Sylv
    I am entitled to confidential information about my employees and customers while refusing even to list the company’s phone number on its Web site.
    this happens a lot and even more frequently, the number is buried deep, deep in the pages.

    Donate to Occupy Wall Street here:

    by BlueDragon on Sun Sep 30, 2012 at 07:18:41 AM PDT

  •  "The sense of entitlement these folks have" (2+ / 0-)
    Recommended by:
    Gorette, teacherken

    seems to me is parallel to the sense of greed they have. Which means they are addicted to that sense to the level that it controls them. Bad news? There is no end to it. It is truly the slavery as we know it. They are enslaved by their greed. There is no way to satisfy it or gratify it. All satisfactions are temporary, momentary and will require more the next time. Where does it end?

    It doesn't. They are like the world that is devouring itself. To devour it all until none left, including themselves. This subject reminds me of a very interesting piece (prose poetry, can't remember the title now) written by Edgar Allan Poe in which he explains how people desire to annihilate themselves.

    Imagine the unhappiness of these people deep in their minds and hearts...behind the smirks and the appearances...


    "Corruptio Optimi Pessima" (Corruption of the best is the worst)

    by zenox on Sun Sep 30, 2012 at 07:33:15 AM PDT

  •  Also: I am entitled to perfect employees. (4+ / 0-)
    Recommended by:
    tofumagoo, ChurchofBruce, greenbell, Sylv

    I am entitled to the most ideal batch of purple squirrels the market can produce. I retain the right not to hire any employee that deviates in any way from this ideal, for I am also entitled not to have to train or otherwise bridge any skills gaps. Any and all "skills gaps" shall fall unequivocally on the employee.

    I reserve the right to hire and fire based on my personal preferences and emotional whims, because as the CEO and one of America's top patriots, my judgment of character is superior.

    Real Democrats don't abandon the middle class. --John Kerry

    by Lucy Montrose on Sun Sep 30, 2012 at 08:23:32 AM PDT

  •  I do feel entitled to do this. It's mine. (1+ / 0-)
    Recommended by:
    I am entitled to pass on my accumulated wealth tax-free to heirs
    I started a business, earned that wealth and paid taxes on it already.  Several times.   If I want to give it to my kids, so they have a leg up, I should be able to do that.   I don't get why it's OK to take my stuff to "level the playing field" after I spent my whole life making sure that my kids had an advantage when I am gone.  

    It's not selfish to want to provide for your own family first.

    He only employs his passion who can make no use of his reason. - Cicero

    by SpamNunn on Sun Sep 30, 2012 at 08:35:03 AM PDT

    •  That's where (1+ / 0-)
      Recommended by:

      aristocracies come from. Governments impose taxes of all sorts to further social goals. Taxing large cash estates mitigates against dynasty, and so it doesn't bother me a bit. I'm all for giving your children a leg up, up to a point, but nobody should be born to an assured lifetime in the .1% regardless of their own talents and work ethic.

      The same applies, of course, at the other end of the spectrum - nobody should be cursed to a life of poverty regardless of their own worth. Unfortunately, the two go hand in hand as we evolve towards a more caste-like society.

      I also don't accept the argument that the money has already beed taxed, which is the same fallacious case Romney makes to justify a lower rate on investment income. It's the transaction that's being taxed, the passing of the money to one's heirs. Your bank account closes, theirs gets a sudden infusion of cash. The income tax, payroll taxes and sales taxes are all transaction taxes. Money gets taxed pretty much any time it changes hands. The only major tax I can think of that's not on a transaction is the property tax.

      •  I like dynasties. Especially when they are mine. (0+ / 0-)

        I started on the bottom.   I was not cursed to a life of poverty because I studied hard and I work hard.   You'd be amazed how effective that is in achieving success.  

        He only employs his passion who can make no use of his reason. - Cicero

        by SpamNunn on Sun Sep 30, 2012 at 02:25:31 PM PDT

        [ Parent ]

  •  Judicial system (1+ / 0-)
    Recommended by:

    This is one statement I would have expanded:

    I am entitled to a judicial system that efficiently enforces contracts and legal obligations on customers, suppliers and employees but does not afford them the same right in return.
    My additions and elaborations would run something like this:

    I am entitled make you sign an arbitration agreement so that it is exceedingly difficult for you to sue me, plus, the arbitrators are ones solely of my choosing.

    I am entitled to hire an army of lawyers so that even if you do manage to bring a case against me in court, I can outlast you, wear you down and make you settle for a pittance of what you really deserve.

    I am entitled to force you to sign a settlement that includes a confidentiality clause so that no one else knows the reasons for or the amount of that settlement, thereby making it nearly impossible for others to make similar claims.

  •  it most certainly is NOT bad to want to help (3+ / 0-)
    Recommended by:
    SpamNunn, Sylv, Eric Nelson

    your kids Spam but using the reasoning that the money you leave them has already been taxed is specious... and it irks me when I hear people (like Romney) say it about his investment income "it was already taxed at the corp level so when it comes to me I dont have to pay taxes on it"  

    ALL money 'has already been taxed' unless you are printing it in your basement.

    YOU should not be double taxed on Money you decide to leave to your kids but your kids never paid any taxes on that money that will now belong to them just as Romney has not paid taxes on income he gets from investments...

    as I understand it we dont tax money we tax people.  there isnt a record attached to every dollar that tracks the amount of taxes places on that specific dollar although, to hear the Romney class tell it, there is...  Romney believes the dollars that come to him have already paid their taxes so he doesnt have to.

    "You've got to be an optimist to be a Democrat, and a humorist to stay one" - Will Rogers

    by KnotIookin on Sun Sep 30, 2012 at 08:54:15 AM PDT

    •  Thanks. That's why we have trust instruments. (1+ / 0-)
      Recommended by:

      It will get taxed once, when I leave it to my wife with a big spousal exemption, and then distributed to my kids.  

      It aggravates me, though, to hear people criticize kids for benefitting from the hard work and love of their parents.  That "silver spoon" crap pisses me off.   We should all be so lucky.  I wasn't.  That's why it's so important to me to be able to give my kids a hand when I am not here anymore.  

      Thanks for letting me vent.   Tough week.  Mom passed away.  Lot's of stuff to think about.  

      He only employs his passion who can make no use of his reason. - Cicero

      by SpamNunn on Sun Sep 30, 2012 at 09:28:33 AM PDT

      [ Parent ]

      •  sorry to hear of your Moms passing (2+ / 0-)
        Recommended by:
        Sylv, SpamNunn

        and I am sure that it has made you think about what you can do for your own kids over time.  

        my condolences to you and your family.

        "You've got to be an optimist to be a Democrat, and a humorist to stay one" - Will Rogers

        by KnotIookin on Sun Sep 30, 2012 at 09:58:18 AM PDT

        [ Parent ]

  •  Are you sure this isn't a hoax? All that's (0+ / 0-)

    lacking is a sound clip of Mr. Burns saying "Eeeeeeexcellent!"

  •  Tipped & rec'ed & saved (0+ / 0-)

    The radical Republican party is the party of oppression, fear, loathing and above all more money and power for the people who robbed us.

    by a2nite on Sun Sep 30, 2012 at 01:03:57 PM PDT

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