richardhutnik said:
Why the heck is it class warfare ONLY when it involves someone saying that those not in the upper class are getting the short end of the stick? But if economic conditions result in the middle and lower class making NO progress, and the wealth accumulates predominantly at the top, that isn't class warfare? If you have an economic system rigged so elites get bail outs, and people end up falling further behind, and dying without any health coverage, that isn't class warfare, but to bring it up is? In short, it isn't class warfare, apparently, when it is only the lower classes that get the short end of the stick. That is just thrown under "that is the price of freedom" |
And you, like many, have fallen for this class warfare. Were do you think the wealthy get their money? The vast majority of them own businesses that provide products and services to others. They make their money when people purchase these products/services. And there is always someone else who can also provide the same products/services, so their are choices of where to buy. They don't con the money away from you, regardless of what some may think. The only way a company gets any of your money without providing you anything is when the government hands it out to them. Which Obama has done in the past (and wants to do now) and it accomplished nothing.
The reason higher income taxes for these owners hurts business is because it's not just an income tax they are charged. These businesses are taxed for just about every step they take to make their products. Then they have to spend tens or hundreds of thousands, sometimes millions, to adhear to overbearing regulations. The whole thing just creates a bad environment for a business owner to try and make a good enough profit to actually reinvest in the company and hire new employees and expand. It's the reason Ford decided to build a $1 billion plant, which is to create 5000 new jobs, in India, instead of in the US.
I also have to laugh at these billionaires suggesting we tax the wealthy more (according to Obama that's a household income of $250,000 and above), when they know full well that they have well paid tax lawyers who's main job it is to find all the loopholes so they can pay less than others. They also know damn well that if they wish to give the government 90% of their own income they can do so. Of course, they never would. But they'll continue to harp about "millionaires" not paying enough in taxes, while taking advantage of the system.
Of course, this whole thing is just a ruse to distract those with lower incomes to the true problem, the government continues to spend WAY more than it is bringing in. And no amount of new taxes will ever solve that.
