SteveR wrote:
the_imaginist wrote:
Good question.
But I have a question for you.
We all know that Mitt Romney is worth somewhere between 180 and 250 Million dollars, his campaign has told us.
How many American jobs has he and Mrs. Romney directly created in the last 5 years? Maybe 20, 30? You know, household staff, gardeners, personal secretaries? Now we can't count campaign staff, because those are employees of the RNC. And we also can't count jobs in companies where he just owns small amounts of stock.
Ready, Set, Go. . . .
Good question. br br But I have a question for yo... (
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Ahhh.....But what is he invested in? How many jobs does his millions create through investment in companies that then use that capital to run the company? The odd thing about wealth (real wealth) is that the rest of us see the big houses, fancy cars, etc. The fact is, these perks of wealth cost the wealthy just a portion of their wealth. The rest is at work making more money and growing the economy. As it is, when the rich spend money, the city and state gets taxes. Make no mistake, I'm no fan of the rich, but I am a great proponent of capitalism, and capital is the engine of capitalism. If you have a strong economy the need for socialism dwindles.
quote=the_imaginist Good question. br br But I h... (
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The real question, in my view, is why does the government, or anybody else for that matter, think they have the right to literally take money away from those who earned it just because they have more than somebody else?
Whether somebody is worth $250,000 or $250 million, they earned it, saved it, invested it to earn more, and it's theirs to do with as they please. Their money is their money. Why do Liberals always think that there is some fictional level they can randomly choose at which someone has too much money and it needs to be removed from them?
It is stirring up class warfare to pit the poor against the middle class and the rich, and the middle class against the rich for political benefit and I'm sick of it. I don't expect special special favors in the middle class where I have always lived but I also don't feel the rich should be denied the same favors I get. Yet Liberals always want to cut tax rates for the middle class and raise tax rates for the rich. To level the playing field as they call it.
What happens when teachers level the playing field by creating a sliding grading scale? The losers who didn't learn end up passing the class anyway and the really smart ones who did learn have their 4.5 GPA reduced to 4.0 to help the loafers out. Is it fair to make the kids who put out effort put out even more effort so they can survive the slide to let the dummies pass the class? No.
Removing the A through E grading scale and changing it to Satisfactory and Unsatisfactory does the same thing. There is no incentive to become smart because the D level kid and the A level kid are getting the same resulting grade anyway. Incentive to learn is gone.
Same with over taxing the rich. Incentive to earn more is removed. Don't be fooled for a moment that the number-crunching brains of the rich don't know that too. There are levels of taxation rates where you profit more by taking in less than you profit by working harder to take in more. Taking in less under the burden of more taxation slows growth. It's just pure calculated logic that Liberals don't have.
I support what Romney and Ryan are preaching, which is eliminating loopholes that allow the rich to not pay as much tax as the middle class - but I don't support raising their tax RATE to screw them just because they have more than I do. No corporate loopholes for a yacht, private jet, helicopter, or limo - but not higher tax rates either. Fairness is offering everybody in the U.S. the same thing with the same deductions and the same rates. I don't begrudge the rich what they have earned nor think we need to get it away from them somehow to squander with excess government spending.
As I've said before that's government acting as Robin Hood to steal from the rich and give to the poor. It's not right. Robin Hood was a good intentioned individual (which is what Liberals consider themselves to be) but the fact is that he was also a wanted grand theft criminal for detrimentally stealing from the rich. Our government should not be Robin Hood.
quote=SteveR quote=the_imaginist Good question. ... (