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I'm here for the moneuy Status: Not Logged In; Sign In The Establishments war on Donald Trump See other The Establishments war on Donald Trump Articles Title: Club for Growth Action to Trump: You Sue Us, We'll Sue You Back Source: National Review URL Source: http://www.nationalreview.com/corne ... well-sue-you-back-jim-geraghty Published: Sep 26, 2015 Author: Jim Geraghty Post Date: 2015-09-26 08:54:45 by Tooconservative Keywords: None Views: 16042 Comments: 92 Attorneys for Club for Growth Action, a political arm of the Club for Growth, sent a letter to the Trump Organization’s General Counsel Thursday threatening a counter-suit if Trump sues their organization. “If Mr. Trump brought suit on the baseless grounds stated in your letter, Club Action would not hesitate to seek sanctions for abusive litigation under Federal Rule 11 or equivalent rules and, depending upon the forum, under statutes that deter Strategic Litigation against Public Participation (anti-SLAPP statutes),” the letter states. “Stripped of its purple adjectives, your letter makes two complaints against Club Action. Both complaints are untrue, and neither comes close to the type of knowing and malicious falsehood the First Amendment requires a public figure such as Mr. Trump to establish.” At the heart of the issue is the Club for Growth Action ad stating that Trump “supports higher taxes.” Trump’s lawyers say he no longer holds the position the ad refers to, and will soon be unveiling a plan to lower taxes. (Trump has said, however, he intends to target the “hedge fund guys” who he feels aren’t paying their fair share.) Perhaps the more interesting contention from the Club is this: You accuse the Club for Growth of trying to “extort” a million dollars from Mr. Trump in return for its political support. Nonsense. Club Action reports it was Mr. Trump who, last spring, asked to meet with the Club. During the meeting requestsed by Mr. Trump, as reflected in the attached letter to Mr. Trump, the Club’s Mr. [David] McIntosh made clear that the Club and Mr. Trump had important areas of policy disagreement. However, some areas of policy agreement also were identified. Mr. Trump asked how he could support the Club and, upon being informed that a donation would be appreciated, invited Mr. McIntosh to send a follow-up letter through Mr. Lewandowski, who also attended. Post Comment   Private Reply   Ignore Thread   Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 7. #6. To: TooConservative (#0) The answer to all of this is not to engage these people directly. Ignore them. Use your own money to get elected. And then, when in power, press a directly populist message that the wealthy will pay the same percentage of their total wealth, from all sources including current income, that the middle middle class and working class do - the people who are above the level of the earned income tax credit, but below the level of the Social Security cutout. Make sure that the wealthy pay the identical taxes on capital gains, including unrealized capital gains, that the middle middle class does. The middle middle class earns wages, and all of them are taxed by social security, medicare and income tax. Therefore, ALL sources of income will be taxed by those same three taxes: capital gains and dividends also, and ALL at the same rate. And unrealized capital gain? That is also taxed to the middle class as well, in the form of property tax on homes (about 1.4% average). So, the middle middle class holds its wealth in homes, and pay 1.4% every year on that wealth. And the super rich hold their wealth as securities, and they shall be taxed at 1.4% of the value of their wealth too, every year, just like the middle middle class are. The second source of middle middle class wealth is automobiles, and they pay a sales tax when they buy them. Let the wealthy pay the same sales tax on the purchase of securities as well. Simply target the different methods by which the rich hold and exchange wealth with the identical taxes, at the same rates, the the middle class pay. That will redistribute about 30% of the wealth of the rich, just as it does the middle class. It is just. It will be popular with everybody but the rich (and they deserve no special breaks or favors), it will make the rich no different from everybody else, strip them of their secret privileges, and force them to compete in just exactly the same ways. And as their wealth concentrations ebb, their power will ebb also. Focus on the middle and working class, and propose tax reform that doesn't make the rich pay MORE taxes, but simply makes the rich pay the same LEVEL of taxes, on all their wealth, that the middle class pay. Do not allow the rich to make special categories of wealth that don't get hit by taxes. Stocks are not different than houses and cars. They're just wealth. But we TAX middle class wealth, every year. Not the wealth of the rich. There is a nice "right across the plate" pitch here that is so obviously just and fair that the only people who will scream are the rich who want to keep their privileges and shift the burden of government to the middle class, as they have done. Spread the burden evenly, and the rich will be brought in line. And then name and shame and nail every special interest group that lobbies for its own tax breaks. No tax breaks, for anybody. Starting at the top, because moves at the top generate greater revenue. Set the tax burden at the level needed to pay the government without a deficit, and as the debt is gradually retired over time, use the excess to pay it faster. Stop the accounting legerdemain. Fair, even and straightforward. No? Then refuse to compromise, let everything shut down, and let it all go to pieces. By doing so, Andrew Johnson turned what would have been the complete rape of the American South into a merely oppressive, tiresome and ultimately ineffective burden of occupation and annoyance. Sometimes you have to know when to draw the line and not budge, and accept that its better to let everything go to pieces than to let the bad guys win. If the choice is to thrown your own child out of the lifeboat to drown, so that the rest in the boat have a better chance of making it, you say that no, we will ALL risk drowning together, and maybe we will all drown together, but we're not throwing my child overboard. Because your lives are no more valuable than his, and it is better that we all die and go to God clean, than they we be murderers, live a few more years, and then all be thrown into hell. And then, when somebody disagrees, you throw HIM out of the boat, and your problem is solved, and he deserves it. That's how you fight. Vicomte13  posted on  2015-09-26   10:03:37 ET  Reply   Untrace   Trace   Private Reply   #7. To: Vicomte13 (#6) "And the super rich hold their wealth as securities, and they shall be taxed at 1.4% of the value of their wealth too, every year, just like the middle middle class are." Weren't those securities purchased with after-tax income? Meaning you want to tax them again. And tax the same security every year. But only 1.4%, right? That percentage won't go up, will it? I don't see anything in your post about cutting spending. Why is that? Are we already spending as little as possible and the only solution is to send Washington more money? misterwhite  posted on  2015-09-26   10:55:20 ET  Reply   Untrace   Trace   Private Reply   Replies to Comment # 7. #22. To: misterwhite (#7) Weren't those securities purchased with after-tax income? ... Weren't those securities purchased with after-tax income? Of course they were. And so were the houses of the middle class - which is the primary capital resource in which THEY hold their wealth. Cars are next, and those are taxed on sale and annual registration as well. So, the two primary places middle class wealth is spent, and the primary capital asset they have that grows, is also paid for by after-tax money, and taxed on sale, and taxed again every year. Of course YOU are always going to support a special tax regime for the super-rich, even though you are not one of them, and YOU have to pay tax on YOUR primary capital asset year after year after year. You're one of those duped rube upper middle class folks I've talked about, who vote for Republicans so they can favor the people far above you, and screw you. But you have a (small, compared to them) stock portfolio that you don't want to see taxed. The 1.4% is what people pay right now, on average, for their house and land every year in property tax. That's why securites should be taxed at that rate. As far as cutting spending, in THIS post? No. But if you've read my posts over the years, you see that I have spending cuts all over the place, starting with bringing the military home from imperial adventures, slashing everything but the strategic nuclear forces by 75% and stationing the remainder on the Mexican border to stop the flow. Also, you've seen me advocating ending non-emergency relief foreign aid. You'll have seen me advocate for the states and feds to drill for the oil and frack it on state and federal land, and put all of the profit from oil exploitation on public land directly into the treasury, reducing the need to tax people. Leave taxes where they are, augment it with direct extraction revenues, use the surging surplus to pay off the national debt, and then systematically ratchet down taxes overall so that we run no surplus and have no debt. There's plenty we can do to cut expenditures. Single payer health insurance will make per capita insurance costs to the government a lot lower than the current crazy-quilt, which is designed to inflate profits for the insurance company middlemen. Of course YOU are never going to hear any of this. Others might, though. Vicomte13  posted on  2015-09-26 14:56:03 ET  Reply   Untrace   Trace   Private Reply   End Trace Mode for Comment # 7. Top • Page Up • Full Thread • Page Down • Bottom/Latest

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