Biden administration’s race-based tax plan is disgusting

Do you like scary stories? How about this recent report from the United States Treasury, “Advancing Equity through Tax Reform: Effects of the Administration’s Fiscal Year 2025 Revenue Proposals on Racial Wealth Inequality.” That sleep-inducing mouthful of grade-A bureaucratese may seem anodyne, the sort of thing that requires a surgeon general’s warning. But even a cursory trip through this twelve pages of reader-proof gobbledegook will be enough to give any sentient being nightmares.

For what this malodorous blueprint aims at is nothing less than the confiscation of your wealth and property.Beginning with its title, this report bristles with loaded buzzwords —“equity,” “racial wealth inequality.” Behind those abstractions, however, is a malevolent plan to destroy middle-class prosperity by brandishing the chief shibboleth of the age: race. Race! Ergo, we are going to demonize whites.Race! Ergo, we are going to punish success.Race! Ergo, we are going to fiddle with the tax code in order to figure out ways of penalizing those with wealth, most of whom turn out to be whites and Asians.The first sentence gives the show away. “For generations, entrenched disparities in our society and economy, at times facilitated by the federal government, have made it harder for Americans of color to have access to opportunity.”“Americans of color,” forsooth. I am an American of color — a pleasing pink, if you must know — and so, even if you are an albino, are you. To distinguish among citizens on the basis of skin color — preferring some hues to others — is not only invidious, it is un-American. It should also be illegal. But here we have the Department of the Treasury telling us about how the Biden administration has plans to tax Americans differently depending on their race. It is disgusting.