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Higher Taxes on the Rich Mean Higher Taxes on the Rest of Us

Blair31 Wrote: Oct 30, 2012 10:59 AM
That's right, Arley2. There aren't. If you tax the rich, you'll only bring in enough money to run the government for 998 days. Where will the rest come from? The middle class. So taxing the rich means ultimately taxing the middle class? Why tax the middle class? Because as the late Willy Sutton allegedly said: "That's where the money is."
Raven7 Wrote: Oct 30, 2012 7:05 PM
Doesn't matter if there are not enough "rich" people (whatever that means); Obama's tax proposals are show over substance - IMHO, he wants to look good to get elected and doesn't give a damn about the final outcome of his policies.

President Obama repeatedly assures us that he only wants higher taxes on the rich as part of his class-warfare agenda.

But I don’t trust him. In part because he’s a politician, but also because there aren’t enough rich people to finance big government (not to mention that the rich easily can alter their financial affairs to avoid higher tax rates).

Honest leftists are beginning to admit that their real target is the middle class. Here are a few examples.

  • The New York Times 
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