Soak the Rich: CSX

This week’s first edition of Soak the Rich will be a hit with anyone east of the Mississippi whose commute finds them waiting at a train crossing: CSX Corporation hauls goods by truck, via 70 ports, and on 21,000 miles of rail. CSX should get its trains out of the way for unmarketable, unaffordable passenger rail! In the meantime, we can subject CSX to Sherrod Brown’s fix for a $1.62 trillion 2011 budget deficit: higher taxes on American employers.

Now Soaking: CSX Corporation

Fear not: none of the tons of items CSX hauls across the country every day will get more expensive if CSX is subjected to a massive tax hike. Although a “free market” is nothing more than evil fat-cats cheating helpless saps out of money, Sheriff Sherrod’s patrolling these parts! Supply, demand, risk, cost, and reward are shadows from the dark old days.

None of CSX’s 30,000 employees will lose their jobs if Sherrod Brown and Barack Obama work their not-at-all-socialist magic. Last and least, the only funds & individuals holding any of CSX’s 1.1 billion outstanding shares of stock who suffer will be the ones who deserve to.

We, The People who support Sherrod Brown’s fiscal policies, hold these leftist conceits to be self-evident.

Leave a Reply