Over at Red State, Pejman defends the Washington Post in a rare moment in which they give a sober assessment of Barack’s plan to tax Big Oil. He writes:

For properly calling shenanigans, the Washington Post will likely be sneered at by members of the self-annointed “reality-based community.” In this way, the newspaper will be subjected to what we can term a “windfall honesty tax” in which truth-telling itself is penalized by any means necessary. The windfall honesty tax takes no money out of your pocket directly, of course. But by robbing the political discourse of the necessary realism with which to intelligently fashion and implement policy, the windfall honesty tax, when applied against clear and logical economic thinking, is infinitely better at lightening your wallet as any pickpocket could ever hope to be.

At it’s core, capitalism is the right to do what you see fit with your property. Using the state to forbid entities from using their property (taxing Oil Profits) as they see fit violates the very essence of capitalism.

This entry was posted on Thursday, August 7th, 2008 at 9:42 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.