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

Pete702 Wrote: Oct 30, 2012 8:11 AM
The problem is that politicians see tax money as "found money" Much like when you put on your Sunday suit and find a $20 in your pocket that you "Forgot" to put in the collection plate last Christmas. They need to think of the work that it took to earn that money. For every dollar of tax money that came ink, someone had to work for it. From a waitress, that could be the tip for serving a table for 20 minutes to a banker that maybe only worked a minute or less on someones bank account.
Don't Tread On Me3 Wrote: Oct 30, 2012 9:21 AM
Any time they anticipate more revenue, such as when a tax hike passes or outside forces bump the tax basis, WHETHER OR NOT MORE $$$ ACTUALLY MATERIALIZES, they tend to treat it as a windfall, & find a pet pork project, or something new to buy votes with. They'll use a 1-time bump in anticipated revenue to justify an ongoing permanent committment to $pend. They run out & deficit-$pend & borrow to get the goodies, then go right back to their moaning & b itching for tax hikes to cover "the deficit."
Texas Chris Wrote: Oct 30, 2012 9:29 AM
We are the flip side of that coin. We complain that "somebody should do something" and "there aughta be a law", squeaky wheels to which the government is more than happy to apply the grease, a lubricant attained by tapping directly into the taxpayer's wallet.

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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