Posted on 02/09/2015 10:17:39 AM PST by Citizen Zed
President Barack Obama said hes focusing the end of his presidency on increasing income equality because the recoverys benefits havent spread to the middle class while enriching the wealthiest Americans, according to an interview he gave to website Vox.com.
In a Jan. 23 interview published Monday, Obama said its necessary to use tax policy to boost the economic outlook for teachers, construction workers and other middle- and lower-class Americans because so much wealth is concentrated with corporations and the wealthiest individuals.
What weve proposed, for example, in terms of capital gains, that would make a big difference in our capacity to give a tax break to a working mom for child care, Obama said of his tax proposal on which he hopes to work with congressional Republicans to pass.
Thats smart policy, and theres no evidence that would hurt the incentives of folks at Google or Microsoft or Uber not to invent what they invent or not to provide services they provide, the president said. It just means that instead of $20 billion, maybe theyve got 18, right? But it does mean that Mom can go to work without worrying that her kids not in a safe place.
(Excerpt) Read more at newsobserver.com ...
I knew a Swede who was an executive at a Swedish company in the late 60s and 70s when the rates were at or near 100% on certain income. He and the other execs made low salaries but had Persian rugs in their offices, company cars, a company dining room, etc. In essence, the company provided services for them. When Sweden started clamping down on that, he moved to the US.
If you were and evil evil man and a genie granted you one wish... would you wish for wealth or power?... would you not think the evil man that wished for wealth over power was a fool?
it’s not an accumulation of wealth ... it and accumulation of power that is a source of all problems... redistribute power so each individual is equal and wealth will follow to each individual that uses individual equal share of self power and self rule wisely
slavery is not wealth over others
slavery is having power over others
” Let’s understand something here. Obama doesn’t hate rich people because they’re rich, he hates them because they’re white and rich. “
NAILED it!
So let us strip him of his ill gotten criminal millions and his public service pension and give it to the poor
FairTax ping!
It’s just amazing how that giant mole by his nose has shrunk over the years.
This is, as Ayn Rand would have put it, the leper's bell of an approaching looter. Empty platitudes, wrapped in language designed to tug at the heartstrings of the female voter, advocating banal-sounding redistributionist policies backed up by government guns and the gulag.
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