Libs Punishing Those Who Create All Wealth

This is an example of the "faulty thinking" of the "elite liberal." They live a very good lifestyle, thanks to the work and actions of those they call "the rich." Yet they do everything they can to make it impossible for those people to continue to "create wealth" they can "share" if they work and earn for themselves. But no! They want "their share" without the necessity of working to earn it. So they try and make these people look like "devils" when what they do creates wealth, not only for themselves, but for others, as well. How many millionaires has Microsoft created? How many people work there, earning a lot more money than they could anywhere else? If Microsoft disappeared today, how many people would suffer? And I'm not only talking about all the government bureaucrats whose very jobs and lives are dedicated to destroying this company. "The recent release of some of Teresa Heinz Kerry's tax records reveals as much about the confusion over this issue as it does about her financial situation. The Kerrys are clearly rich, with several homes, a private jet, and millions of dollars in annual income. Yet they paid just 13 percent of their income in taxes. That's less than most Americans pay -- and it is not due to 'tax cuts for the rich.' It is due to putting much of their wealth into tax-free municipal bonds or other tax-exempt securities. So whether income tax rates are high or low, on rich or poor, makes little difference to them [Which is why they're free to advocate higher taxes for the "rich." It won't affect them. -RT] " What they (and other liberals) want to do is limit or destroy the ability of high "wage-earners" to make money. Rich liberals (a redundancy, that) don't pay "income taxes" because most of their "income" is "protected." They continue to forget that tax cuts (unless they are "targeted," as with what liberals CALL tax cuts when they make them, so they can control more people) apply to ALL people, not just the "rich." "The Wave lifts all boats." "One of the major purposes of tax cuts is to get people to take their money out of tax-free securities and invest that money in something that will increase economic activity and create jobs. Since our income tax system is steeply graduated, any across-the-board tax cut will immediately benefit most those who pay most of the taxes -- which is to say, people with higher incomes. (Professor Thomas Sowell, 10/21/07)