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Hurt yourself, tax the rich.




Rich people create jobs, products, services and wealth.  Everything we have is made by rich people.  Every job out there is because of rich people (other than farming I wager).  


When you tax rich people, you only hurt yourself.  In the early 90s, Clinton imposed a Yacht tax.  The Yacht tax designed to only harm rich people, devastated the yacht industry leaving thousands of lower and middle class workers unemployed.   Who was hurt?  Rich or Lower/Middle class?  Rich people just bought their Yachts elsewhere.


Here's another.  Taxes on the upper class are so high, that now most CEOs are paid in stocks and other benefits.  Which of course leads to CEOs having invested interest in stock manipulation.  Why do you think Enron, Worldcom and Martha Stewart situations happen?   Because we try and tax them, which always hurts us.


Worse, every time we do raise taxes on the rich, something amazing happens, and everyone seems clueless about it.   You realize these CEOs and Business owners are.... CEOs and Business owners! :eek:  So what?  Well... let's say you are a business owner and your taxes go up... what do you do?  "oh well, my income drops this year..."... uh no... "I'm going to raise my pay!"  Yup!


That's right.  When taxes go up, the rich people just raise their income.  Vote themselves a pay raise.   Then you complain because worker wages stay flat, benefits decrease and vacation time is reduced.   Hint: every time you tax the rich, you hurt yourself.


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