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To: CSM
"Which could be Buffet’s goal, that way none of us pleebs work our way up to invade his elite world."

I hope you were just being facetious. Rich people don't want everyone else to be poor, because there would be no one to buy their products.

Rich people want other people to be rich enough to buy more of their products.

56 posted on 11/26/2012 12:09:47 PM PST by Mr. K (some days even my lucky rocketship underpants don't help...)
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To: Mr. K

“Rich people want other people to be rich enough to buy more of their products.”

True, but not free enough to be innovative and rewarded for a world changing invention that would compete with their products. Therefore, they want to “let us” have enough to keep enriching them, but they want to create barriers to our entering their elite little circle jerks.

That is the point of income taxes vs consumption taxes. Income is a tool to build FUTURE wealth, while taxing it makes that tool LESS EFFECTIVE.


57 posted on 11/26/2012 12:41:18 PM PST by CSM (Keeper of the Dave Ramsey Ping list. FReepmail me if you want your beeber stuned.)
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