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Kasz216 said:

He asked Obama why he wanted to punish his success when he buys his new house and Obama said this.

“It’s not that I want to punish your success, I just want to make sure that everybody who is behind you, that they’ve got a chance at success, too. I think when you spread the wealth around, it's good for everybody.”

It is good for everybody.  If the rest of America is broke and cant afford a plumber, Joe isn't going to make much money and he isn't going to hire anybody.  If the rest of America has more money to pay for goods and services, Joe is going to make more money and hire more people.