Daniel J. Mitchell | Jul 19, 2014 - Townhall
Last month, I nailed Bill and Hillary Clinton for their gross hypocrisy on the death tax.
But that’s just one example. Today, we’re going to experience a festival of statist hypocrisy. We have six different nauseating examples of political elitists wanting to subject ordinary people to bad policy while self-exempting themselves from similar burdens.
Our first three examples are from the world of taxation.
Here are some excerpts from a Washington Times report about a billionaire donor who is bankrolling candidates who support higher taxes, even though he structured his hedge fund in low-tax jurisdictions specifically to minimize the fiscal burdens of his clients.
By the way, Steyer did nothing wrong, just as Mitt Romney did nothing wrong when he utilized so-called tax havens to manage and protect his investments.
But at least Romney wasn’t overtly urging higher taxes on everyone else, so he’s not guilty of glaring hypocrisy.
Speaking of international taxation, how about the behavior of Senator Joe Machin’s daughter? She’s the head of an American drug-making company, a position that almost surely has something to do with her father being a senator. Particularly since the company gets a big chunk of its revenues from sales to the federal government.
In any event, her company has decided that it’s okay to benefit from sales to big government, but that it’s not a good idea to pay taxes for big government. Here are some blurbs from a National Journal report.
By the way, I’m a big fan of companies re-domiciling overseas.
So long as our corporate tax system has high rates and punitive worldwide taxation, corporate expatriation is the best way of protecting the interests of American workers, consumers, and shareholders.
But it’s a bit hypocritical when the expatriating company is run by a major Democrat donor.
Our third example of hypocrisy also deals with corporate expatriation, and it’s probably the most odious and extreme display of two-faced political behavior. Here’s some of what was reported in the L.A. Times about the Secretary of the Treasury’s attack on corporate inversions.
Gee, big words from Mr. Lew. But too bad he didn’t say those words to himself when he was a crony capitalist at Citigroup. Why? Because he had big money parked in the Cayman Islands!
So he inverted his own funds but doesn’t want other taxpayers to have the right to make the same sensible choices.
Now let’s look at three non-tax related examples of hypocrisy.
First, we have a pro-Obamacare politician running for Congress. One of his main talking points is that his wife is an OB/GYN and he also trumpets his support for expansion of Medicaid (the government’s money-hemorrhaging healthcare program for lower-income people).
Here’s some of what was reported by the Free Beacon (h/t: National Review).
But it seems that Medicaid expansion is only a good idea when other doctors are dealing with the government.
The message is that sub-standard government-run healthcare is okay for us peasants, but doctors who cater to the political elite in Washington want nothing to do with the program.
Sort of like the politicians and IRS bureaucrats who want to be exempted from Obamacare.
Here are some tidbits from a column in the UK-based Telegraph.
Not that this surprises me. I’ve previously shared evidence that elitist environmentalists want to dictate the energy consumption of ordinary people while suffering no cutbacks in their own extravagant living standards.
Third, we have a remarkable bit of political jujitsu from Martin O’Malley, the governor of Maryland, on the issue of illegal aliens. Here’s an amazing excerpt from a story in Politco (h/t: National Review).
Wow. Regardless of what you think about open borders, amnesty, and other immigration issues, O’Malley comes across as a craven politician. This is NIMBY on steroids.
In conclusion, I should point out that hypocrisy is not limited to leftists. I’m even harder on faux conservatives who pretend to favor small government when talking to voters but then aid and abet statism behind closed doors in Washington.
My comments: Hypocrisy is a scourge in America wherever it occurs. God Almighty sees all of this and is not fooled by any of it, and it is He who will determine the Future of America based on America's OBEDIENCE to His Word.
No comments:
Post a Comment