July 17, 2014

I need to to take exception with John Oliver’s take on the wealth gap. His contention that inheritance be taxed to prevent a landed gentry is ridiculous. In a lot of the clips he showed of Americans not wanting this tax, they repeatedly mention that the money is taxed twice. That’s what is really at the heart of people being against this tax, even though they may not be impacted by it. We are already directly and indirectly taxed at near 50%. Every aspect of our daily lives is taxed. That includes the electricity I am using to type this up. Our wealth after taxes is ours. No one should have a right to it unless they are in the will.

I have a real bone to pick too with any of these comedian news analysts. They consistently make fun of government for being inept and corrupt. However when it comes to taxing the wealthy, they are all for it. That’s assuming that the government won’t piss it away. Why should the government get to confiscate anyone’s wealth when they really haven’t earned the right?  I’d rather have a dumb rich kid piss that money away then have it pay for some bloated government program that benefits no one.

The 3rd point John Oliver makes is that Americans are optimistic that they can improve their standing in life. He is of the school that the game is rigged and that no one can get rich unless they inherit their wealth. To him working hard does not pay off.

Of course this is ironic. I am pretty sure John Oliver is rich. Call me crazy, but I don’t think he’s making $40,000 a year for his show annually. As far as I know, he isn’t the son of a wealthy land baron that got him on TV.  I wonder how he got to where he is at HBO…