Rick Perry Quotes
Spreading the wealth punishes success while setting America on course for a greater dependency on government.
Perry, Rick. "Presidential Campaign Announcement." 13 Aug. 2011, Francis Marion Hotel, Charleston, SC. Speech.
Martin was explaining the position of Pope John Paul II.
An income tax had been instituted during the Civil War but had lapsed. Existing taxes were all excise or head taxes—very regressive. Later there was a political movement to bring back the income tax with the intention of taxing all income equally. There was a titanic struggle which culminated in a Constitutional Amendment allowing the income tax. None of the original politicians, for or against, the income tax could never imagine an income tax that would charge lower rates for investment income. That was the entire purpose of the income tax at the beginning—to tax investment (unearned) income. The “capital gains tax” was the creative way of the rich getting back some of what they thought the lost when the income tax was instituted.
This quotation is a wonderful example of the use of sarcasm. Schwartz does not really advocate the emigration of the super rich, but uses the hypothetical concept to illustrate that one solution to a socio-economic problem will work but have very undesirable consequences.
James Richard "Rick" Perry is an American politician who served as the 14th United States Secretary of Energy from 2017 to 2019 and as the 47th Governor of Texas from 2000 to 2015. Perry also ran unsuccessfully for the Republican nomination for President of the United States in the 2012 and 2016 elections.