High Taxes, Not Yoko, Broke Up the Beatles

By Americans for Tax Reform | 09/15/09 | 03:47 PM EDT | 5 Comments

Latest national commentaries

more »

Here at Americans for Tax Reform we have worked tirelessly to educate the public about the dangers of excessive taxation: job losses, businesses closing, economic stagnation - effectivly misery all round.

Now we have one more thing to blame high taxes on: breaking up the Beatles.

That's right, one of the greatest cultural tragedies of the 20th century was caused by big government. In last week's Times of London,  Daniel Finkelsteinwrites how "penal tax rates that helped to destroy the group’s cohesion".

Finkelstein continues:

First told to give away vast amounts to avoid tax bills — which they did in a series of madcap ventures, offering money to any old person who dropped by with a demo tape — then told they had to make £120,000 in order to keep just £10,000. Soon their finances were in chaos and their energy sapped, as nutters beseiged Apple HQ pressing tapes on them. They also ran a clothes shop as a tax dodge.

Bramwell blames Harold Wilson, the Prime Minister, directly. “There were enough new regulations and red tape to tie up free enterprise for years ... One minute Swinging London was like a giant theme park, the envy of the world, then they — Wilson and his gang — closed it down. It was as if they went out and stamped on it.”

So there you have it. Exhibit #98612323 on the negative effects of big government. In memory of the great band and their struggle against big government, what could be more appropriate than the lyrics to their 1966 song, The Taxman:

1,2,3,4,1,2

Let me tell you how it will be,
There’s one for you, nineteen for me,
‘Cos I’m the Taxman,
Yeah, I’m the Taxman.
Should five per cent appear too small,
Be thankful I don’t take it all.
‘Cos I’m the Taxman,
Yeah yeah, I’m the Taxman.

Photo courtesy of Flickr user, whojackb's.

 

Print | Email | Share
 

5 Comments | Related Topics »National

 

Comments

 
I knew it! Big government was

I knew it! Big government was responsible for the demise of one of the greatest bands of all time. IMAGINE that, Liberals!!

Submitted by Jesse on Tue, 09/15/09 - 03:51 PM » | Print
 
 
Interesting

I propose we levee such taxes on USC Football.

Submitted by Chip Hanlon on Tue, 09/15/09 - 03:53 PM » | Print
 
 
Spoken like a Bruin.

Spoken like a Bruin.

Submitted by Michael Kerr on Tue, 09/15/09 - 03:59 PM » | Print
 
 
George Harrison wrote that

George Harrison wrote that one. I guess Beatles' fans can forgive Yoko now.

Submitted by Jan on Tue, 09/15/09 - 03:54 PM » | Print
 
 
Their fiscal folly cannot be

Their fiscal folly cannot be blamed on high taxes. The taxman didn't tell them to give away money to any fellow with a demo. They were unworldly young man whose trusted manager had just died, and they were beset upon by vultures and chiselers.

This author knows nothing of the Beatles. 

Submitted by Anonymous on Wed, 09/16/09 - 11:46 AM » | Print
 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image. Ignore spaces and be careful about upper and lower case.