Sunday, November 6, 2011
So, when taxes are raised on the rich what good does that do?
I can't add additional details from my phone. So, I will ask again. Let me put this in a way that even the people with the thickest of skulls can understand: Ok, so the defintion of rich in the US is anyone making over 250,000(with me so far?). Ok, so when you raise the taxes on them and have them paying say...a 75% tax rate, they lose a lot of money. No, the super rich people, the upper 1%, are able to keep their wealth because the poorer "rich" people can not keep up with them(get it?). So, when the rich don't have any competition they stay rich and no one else can catch up. Yes, they too are losing money but because they don't have any competition because the "rich" are being held down they don't have any worries. Now how can that be anything but corporatism? Now I am typing this like the last thing from a phone with a tiny keyboard so don't point out spelling errors or typos that this resulted in because it doesn't make me wrong. No, this isn't a rant it is addditional details.
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