{"id":13428,"date":"2013-01-23T19:13:08","date_gmt":"2013-01-23T19:13:08","guid":{"rendered":""},"modified":"2013-01-23T19:13:08","modified_gmt":"2013-01-23T19:13:08","slug":"the_progressive_income_tax_and_the_ruling_class","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2013\/01\/23\/the_progressive_income_tax_and_the_ruling_class\/","title":{"rendered":"The Progressive Income Tax and the Ruling Class"},"content":{"rendered":"

\"Listen<\/a><\/p>\n

RUSH: I mentioned going into the break at the top of the hour <\/a>that one of the best ways the ruling class stays exclusive is the progressive income tax. It\u2019s very simple, and Phil Mickelson illustrates it, in a way. The progressive income tax is the number one obstacle to individuals accruing wealth — and wealth equals power, and vice-versa. Power equals wealth, or translates to wealth. It\u2019s a closed club. It\u2019s a very small bunch of people, in truth, compared to the population. The way you get into this club is usually via your university or your family legacy, family name, what have you.<\/p>\n

Once you\u2019re in the club, the objective is to keep everybody else out of it. You don\u2019t want the club to grow. You don\u2019t want the clique getting bigger, and one of the quickest ways to keep people from becoming powerful is to make sure they don\u2019t become wealthy. The best way to keep people from becoming wealthy is to raise their taxes, their income taxes. The progressive income tax is the number one tool that the ruling class has to protect itself. If Phil Mickelson\u2019s paying 62, 63% of his income in taxes, even if he makes $45 million a year, that is still a huge chunk, and at some point Phil\u2019s gonna say, “It\u2019s not worth it.” He\u2019s on the verge of it.<\/p>\n

Now, contrast Phil Mickelson with Warren Buffett. Contrast Phil Mickelson with Bill Gates. Phil Mickelson\u2019s money is not even pocket change for those two guys. However, Mickelson was out saying, “I had to give up my dream of owning part of the Padres. I might have to leave California. Sixty-two, 63%, it doesn\u2019t make any sense for me to live here. The roads in California are not that much better than they are anywhere else. The weather, I can find it somewhere else.” I mean, what\u2019s anybody getting for their 63% in California? That\u2019s one way of looking at it.<\/line>But Buffett and Gates, what do they do? They run around and claim they\u2019re not taxed enough. They run around and say, “Ah, my secretary\u2019s paying a higher tax rate than I am. That\u2019s not fair,” blah, blah, blah. And what happens? Everybody\u2019s sympathetic to those guys, and nobody cares how much money they have. In fact, they\u2019re respected and admired. Buffett, Gates. And what do they do? They run around and they advocate higher taxes on the rich. And in the process, they inoculate themselves from the treatment Mickelson got. It\u2019s all a game. They\u2019ve mastered it. So the screaming hordes who are upset at all the people who have money are not gonna be upset at Buffett or Gates, and they\u2019re not gonna make a mad dash for their money because Buffett and Gates are on their side, they think.<\/line><\/p>\n

Buffett and Gates are out there basically saying, “I shouldn\u2019t have the money.” The Clintons do the same thing. (Bill Clinton impression) “Yeah, I don\u2019t need that tax cut. You know, Hillary and I, we\u2019re making more money than you. We got more money than we need. I mean, we\u2019re set here. Wealthy people like us, we don\u2019t need this tax cut.” So people say, “Oh, the Clintons are wonderful people. They realize they have more money than they need.” Now, nobody ever sees the Clintons giving any of it away. Liberals don\u2019t spend their own money on stuff.<\/p>\n

\"original\"They spend everybody else\u2019s money. They don\u2019t give much to charity. They make us do it, with taxes and all the rest. They get the credit for it, when they don\u2019t give much. But while all this is going on, all of these ruling class people are out there ripping and trashing themselves, essentially. “I got more money than I need! I don\u2019t need all this. I don\u2019t need that tax cut.” So, by extension, neither does Phil Mickelson and neither does anybody else in the top 1%. They don\u2019t need that tax cut. So the screaming hordes who are upset at the wealthy end up living Buffett and Gates and hating Mickelson.<\/line><\/p>\n

But of the three, who\u2019s being the more honest, or the most honest? Mickelson. I don\u2019t see these guys giving away their money. I mean, they\u2019re not giving their money to government. Gates and Buffett, you know, they\u2019re putting their money in Gates\u2019 charity, but they\u2019re not giving it to Obama, and they didn\u2019t give it to Clinton. Clinton isn\u2019t giving his money to the government. They want everybody else to, but they don\u2019t. But they talk the talk, “Well, I don\u2019t need any more money. I got everything I need,” and so they are exempted. They\u2019re exempted from media criticism. The whole notion that the rich are a bunch of sleazebags, they\u2019re exempted from all that, \u2019cause they criticize it. The Kennedys did the same thing.<\/p>\n

Mickelson made the mistake of being natural, honest and normal. “What the hell is this, 63%? This is absurd!” and he\u2019s the guy that has to apologize.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: I mentioned earlier today that Mrs. Clinton miraculously, this week, retired $25 million of campaign debt from her presidential run in 2008. And I don\u2019t think it\u2019s a coincidence that she retires her campaign debt and does the Benghazi congressional appearance the same week. I don\u2019t think it\u2019s a coincidence. But about the debt, the Clintons wouldn\u2019t even pay off her debt. They raised money, they asked others for donations to pay off her debt. They\u2019re not even gonna use their own money for that. And yet the Clintons are thought to be compassionate and wonderful and friends of the little guy, when in truth the Clintons and every other Democrat believes in income tax policies that prevent the accrual of wealth by individuals. And that\u2019s what the progressive income tax is.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: I mentioned going into the break at the top of the hour that one of the best ways the ruling class stays exclusive is the progressive income tax. It\u2019s very simple, and Phil Mickelson illustrates it, in a way. The progressive income tax is the number one obstacle to individuals accruing wealth — and […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"\nThe Progressive Income Tax and the Ruling Class - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/admin.rushlimbaugh.com\/daily\/2013\/01\/23\/the_progressive_income_tax_and_the_ruling_class\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"The Progressive Income Tax and the Ruling Class - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: I mentioned going into the break at the top of the hour that one of the best ways the ruling class stays exclusive is the progressive income tax. 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