Let's rob them a little more
To whom does wealth created by individuals belong to? Does it confer some sort of prerogatives to the Government? Among others, Barack Obama, one of the candidates of the Democratic Party ot the presidential elections in 2008, seems convinced that the state must do everything in order to prevent its citizens to protect their property from partial confiscation and that society has some sort of right that some individuals contribute more than others to the "overall welfare". The "Anti-Tax Haven Jihad" is going on: Senators Levin, Coleman, Obama are doing everything they can to extend State power over honest taxpayers in order to rob them just a little more: The new "Stop Tax Haven Abuse Act" has been introduced:
Every US taxpayer having money in alleged Tax Havens (among which, of course, Switzerland), shall be presumed to evade taxes. This must be countered of course, in the name of more so-called tax justice:
“With a $345 billion annual tax gap and a $248 billion annual deficit,” said Levin, “we cannot tolerate a $100 billion drain on our Treasury each year from offshore tax abuses. We cannot tolerate tax cheats offloading their unpaid taxes onto the backs of honest taxpayers. Offshore tax havens have declared economic war on honest U.S. taxpayers by helping tax cheats hide income and assets that should be taxed in the same way as other Americans. This bill provides a powerful set of new tools to clamp down on offshore tax and tax shelter abuses.”In reality, all this is about, is of course to raise more funds and to redistribute them. No matter if the individuals'property rights are a little more violated in order to get there.
However, for their brave effort and their contribution to further oppression of honest indivduals, Senators Levin, Coleman and Obama are awarded with the Kim Jong-Il Prize.