Editor's Note: Peter Heck returns to the studio and to the Liberty Tree on June 18.
It’s pretty incredible to watch the same Democrats who have favored the stunningly high corporate tax rate, personal tax rate and regulatory nightmares for businesses like Obamacare react in disgust when the wealthy businesspeople make the logical decision to bug out of the United States to somewhere else.
Their reaction is entirely predictable (indeed it’s been predicted by conservatives for a long time), and one of the tragic pitfalls of socialist thought – you eventually run out of other people’s money (because they either are drained of their money or get the heck out of Dodge).
Take, for example, Democrat Senator Chuck Schumer’s reaction when Facebook co-founder Eduardo Saverin made the decision to renounce his citizenship just in time to save the 15% capital gains tax he would have incurred once Facebook went public:
He fumed "Mr. Saverin says he's a global citizen, but it just so happens that the country where he has chosen to reside has no capital gain tax. This tax avoidance scheme is outrageous."
Sen. Schumer said something similar to the Socialist Unit Party's propaganda sheet. "Saverin has turned his back on the country that welcomed and kept him safe, educated him and helped him become a billionaire. This is a great American success story gone horribly wrong."
Over at American Thinker, Christopher S. Brownwell found this statement of Schumer eerily similar to another government that didn’t take kindly to perceived disloyalty. Namely, communist East Germany, who built a wall to keep its citizens in. Perhaps that is the next step on Schumer’s mind:
How should one evaluate those who leave the German Democratic Republic?
There can be only one answer. - Both from the moral standpoint as well as in terms of the interests of the whole German nation, leaving the GDR is an act of political and moral backwardness and depravity...
Is it not an act of political depravity when citizens, whether young people, workers, or members of the intelligentsia, leave and betray what our people have created through common labor in our republic to offer themselves to the American or British secret services or work for the West German factory owners, Junkers, or militarists? Does not leaving the land of progress for the morass of an historically outdated social order demonstrate political backwardness and blindness?
When propaganda did not work, the GDR built the Berlin Wall.
With their punishment of success and stifling of entrepreneurship and risk-taking, there’s where the Democrats have us heading: mirroring a civilization that had to build walls to keep its people in rather than one that everyone was dying to get in. Lovely.