Skip to comments.Taxing the Rich
Posted on 09/28/2010 10:53:11 PM PDT by Private_Sector_Does_It_Better
Taxing the Rich By John Stossel
Progressives want to raise taxes on individuals who make more than $200,000 a year because they say it's wrong for the rich to be "given" more money. Sunday's New York Times carries a cartoon showing Uncle Sam handing money to a fat cat. They just don't get it.
As I've said before, a tax cut is not a handout. It simply means government steals less. What progressives want to do is take money from some -- by force -- and spend it on others. It sounds less noble when plainly stated.
(Excerpt) Read more at realclearpolitics.com ...
Common sense has no place in politics. /s
Liberals will never teach a man how to fish!
Most members of congress are wealthy thenselves. If one of them has a total of 1 million dollars income including their gov’t pay,,,,the U.S. taxpayer is paying around 1 fourth to 1 third of their tax on 1 million dollars. They’re laughing all the way to the bank.
A rising tide raises all boats.
By contrast, when government steals from the wealthy under the bogus banner of “fairness,” a falling tide leaves a good many boats stranded and all boats lowered.
This is the very definition of socialism, and something which is totally lost on the Obama administration and others of the ilk.
The best - indeed, the ONLY - way for government to grow the economy is to deregulate business, lower taxes, and GET OUT OF THE WAY of the entrepreneurial set.
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