In response to:

Let Obama be Obama

Quintus_T_Cicero Wrote: Nov 22, 2012 12:14 PM
unilluminati: Just what are the French wealthy doing now that their taxes have been raised to the 75% level?
Jay Wye Wrote: Nov 22, 2012 5:35 PM
Why not? is that not "fair"?
you seem to suggest you know their needs better.
they should be able to live on 25% of their "millions" in earnings.
25% left over puts them right at the magic $250K tax break.
DLWright Wrote: Nov 22, 2012 1:06 PM
Why not? Then maybe the Obama drones will see what confiscating wealth does for unemployment.
Quintus_T_Cicero Wrote: Nov 22, 2012 12:23 PM
No, unilluminati, I'm not. My point is that if gov't raises taxes on the wealthy they either leave, shelter the income, or move the money into non-taxable overseas investments. You seem to think that the wealthy will pony up the money. Hell even Buffett, Soros, Immelt, and all the Hollyweird libs screaming for higher taxes find ways to lower the amounts they owe.

After his party's devastating setback in the 2010 midterm elections, Barack Obama was re-elected earlier this month by painting his Republican opponents as heartless in favoring lower taxes for the rich. They were portrayed as nativists for opposing the Dream Act amnesty for illegal immigrants, and as callous in battling the federal takeover of health care.

Republicans countered with arguments that higher taxes on the employer class hurt the economy in general. They assumed most voters knew that amnesties are euphemisms for undermining federal law and in the past have had the effect of promoting more illegal immigration. They tried...