I assume people with billions of dollars wake up in the morning – every morning – thinking to themselves, “should I use my money for good. . . Or for evil?” Mayor Bloomberg, in his Blofeld style lair, apparently decided to utilize his monetary powers in an effort to impact the lives of citizens thousands of miles away. (From a libertarian point of view, this would fall in the category of “evil.”)
It is one type of annoying authoritarian-idiocy to ban guns, high-capacity sodas, and trans fats; but his efforts to export his New York socialist utopia on unsuspecting citizens (of other states) adds a whole new level of “Billionaire Elitism” to the mix.
Bloomberg’s latest venture into political manipulation includes a $1.05 million contribution toward a tax increase in the great state of New-New-York (AKA: Colorado). The move only makes sense. . . After all, the Mayor’s last venture into Colorado politics ended in the state’s first successful recall of two Bloomberg-endorsed Democrats who foisted upon their constituents New-York-style gun control legislation.
At issue is a Ballot question in the increasingly Californicated state of Colorado, that would eliminate the state’s fairly libertarian flat tax in exchange for a progressive, multi-tiered tax system. (And yes. . . The tax increase is being sold as a way to fund schools. There’s nothing quite as effective as trotting out a bunch of underprivileged kids to confiscate the wealth of productive members of society.)
And while Amendment 66 in New-New-York would increase taxes by as much as 28 percent on money-makers, a billionaire from thousands of miles away contributed almost half of the total $2.5 million dollars being spent in support of the amendment. (Maybe we should just make Bloomberg pay the total of the tax?). In fact, aside from the Gate’s Foundation, he is the largest single contributor to the tax-hiking effort in Colorado.
The first question that leaps to mind might be: Why?
Well, like Blofeld, Dr. No, Goldfinger, or any other Bond villain, Mayor Bloomberg is not content with running his own city-island into a progressive tax-trap. He feels it might be time to expand his East Coast liberalism to states that are known for their traditional individualism and libertarian bent.
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Thursday April 17th, 2014 | John Ransom
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Wednesday April 16th, 2014 | John Ransom