Thread: Rosenberg: Class Warfare Ahead

Rosenberg: Class Warfare Ahead

Wednesday, November 18, 2009 11:18 AM

By: Julie Crawshaw

Rising state and federal tax rates for those making more than $250,000 a year is preparing the field for class warfare, says Dave Rosenberg, and fueling an exodus from the United States to Canada as well.

Rosenberg is chief economist and strategist at Gluskin Sheff + Associates Inc., a Toronto-based wealth management firm.

Rosenberg says he can’t recall a time when the potential returns in Canada looked so attractive compared to the United States while the risks are so much lower — fiscal, economic, financial and political.

“Now we see that Senate Majority Leader Harry Reid is planning a slate of tax rate hikes on the upper class (defined to mean anyone making over $250k). . . not to mention the $460 billion confiscation being planned as part of a new 5.4 percentage point surtax,â€

States Rights legislation must be enacted to stop lunatics like Reid.

Class warfare is THE essential component of Communist theory, one originated and espoused widely in Europe by members of this author's ehtnic group. After their mass migration because W.W.II,, members of this group continued such active policital and ecomomic agitation here.