[Thebaddog]

Don't forget the point that Rush has made over and over again. The taxes keep upward mobility down. If you are already rich, the taxes keep others from getting rich only.

Now you could talk about the theoretical tax that Obama's crowd floated not long ago to tax net worth every year to the tune of about 2%. That would leave a mark.

[wolfman23601]

Would that mean if your net worth is negative, they send you a check?

[HerrBlucher]

Don't forget the point that Rush has made over and over again. The taxes keep upward mobility down. If you are already rich, the taxes keep others from getting rich only.

And Rush is right as usual.

There was an interesting thread a couple of days ago about a survey that indicated that people would rather have more money than their peers, even if it is less money than they have now, than have more money than they have now if it means their peers have more money than them.

Its human nature, wealth is more about having one up on your neighbor than satisfying material desires. There was an episode of the Jeffersons with the same theme with George Jefferson saying "What good is being wealthy if everyone else is also wealthy?"

[PapaBear3625]

Now you could talk about the theoretical tax that Obama's crowd floated not long ago to tax net worth every year to the tune of about 2%. That would leave a mark.

THAT is an interesting statement. Do you have a confirmed source? The reason that's so terribly interesting is that this would replicate the Islamic Sharia tax scheme of zakat, which is a 2.5% tax on net worth.