Friday, February 27, 2009

On Socialism and Our President

Whoooo, I said the S word. I must be evil, some bleeding heart liberal with an axe to grind. Let the proletariat get the means of production and make a better world, Robin Hood and all that Jazz…not.

But, I do see an issue with the current state of affairs in America. I’m no Einstein, but I have come to the conclusion that the current system isn’t working, so I am not adverse to Obama making fundamental changes in government. Orwell warned of the dangers of totalitarianism and his take was that any vast disparity in class, be it caused by money, intelligence or power, created an opportunity for exploitation. We have been rapidly approaching a two class society in the last twenty years. This week the NY Times wrote about the recent concentration of wealth in the upper classes. I’ve always believed in Laissez Faire and the free market economy, but it appears the free market is a little too free.

So, what am I saying? Eat the rich? Not at all, but, I do think the current system of taxation is inequitable. When the middle class is paying 25-30 percent of their adjustable gross income in taxes and the upper class is able to shelter income and pay a much lower effective tax rate, the tax is regressive. It is neither fair nor moral. It needs to change.

That’s my rant for the week. Rock on.

Peace.

Spike

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