Barack Obama Sr., recall, was in the U.S. to study economics to help with the development of his dirt poor, resource rich country, Kenya. (A country the U.S. hoped to save from the clutches of the Soviets and the devastation of communism.) God only knows what he learned at Harvard, but, as the IBD piece mentions, he went home to Kenya where, among his other activities, he wrote an article for the East Africa Journal offering a vivid critique of such capitalist entrerprise as existed in Kenya at the time.

The article, called "Problems Facing Our Socialism," makes the economic case that high taxes are morally and practically good, if the government then uses them to provide for the people. How high should the tax rates be? "Theoretically," he wrote, "there is nothing that can stop the government from taxing 100% of income so long as the people get benefits from the government commensurate with their income which is taxed." Yes, you read it: a 100% tax rate is fine. Obama Sr. continued, " It is a fallacy to say there is a limit (to tax rates), and it is a fallacy to rely mainly on individual free enterprise to get the savings." Free enterprise — bad.

Source: Confiscatory Tax Rate Dreams from my Father

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