Taxing the Rich

Taxing the rich is so obviously counterproductive (wrong) I can’t see why those supposedly “smart” people in Washington can’t see it. But they don’t. The rich have the most money there is (outside that stolen from them by the government). They provide ALL the jobs and profits for the rest of us. Without their investment of their money, there would BE no jobs, for ANYBODY. And there would be no profits to be made by anybody. Thus no taxable income. Without taxable income the government itself would go broke. Yet they continue to tax the rich at higher rates than any other group so they have less investable income to invest in jobs-creating, PROFIT-creating projects. Are these people daft? They want to promote socialism, and this is the way to do it. Cripple the very people who are CREATING the jobs and profits in a capitalistic society. One that has made this country the envy of the world and the destination of choice for most immigrants, legal and illegal.

What the hell is WRONG with these people? Socialism has failed miserably every time it has been tried. Cuba, which has lived under socialism (communism) for the last fifty years, is now suffering SHORTAGES of the things (sugar and coffee) they once exported to the world; their cigars, once vaunted as the best there is, are now WAY down on the list of quality cigars. Nobody even wants to illegally import them any more. All because of communism. Even CASTRO says “communism is not even working for US.” Yet Obama and his accomplices still want to “share the wealth” around and emulate European communism (socialism) which is failing NOW. The entire government of Soviet Russia collapsed because of it. Many governments in Europe now are suffering from it. Why do people keep pushing it? I just don't understand these people. (John Stossel/Atlasphere)