Many people are buying into this class warfare nonsense being purported by various podium pushing politicians coming up for reelection. The reality is; it's all nonsense, even if we tax the 1% up to 100% of their earnings, it would not be enough to make up for the budget deficit which the Obama Administration has proposed for 2012. In fact, it wouldn't even be close, it would literally be a drop in the bucket. Taxing the rich isn't the answer, but these politicians have a sneaky plan B. That is to tax the middle class more by getting rid of tax incentives, deductions, and even raising their taxes.
This thought that we can raise taxes for those making over 0,000 a year, and that that will somehow balance our budget is also baloney. The concept of only taxing millionaires at a higher percentage rate isn't going to do it either. Lastly, taxing the middle class family which is barely getting by to help pay people who don't want to work, is a bad plan, it won't work, it can't work, the numbers are not there. I can recall when President Obama was elected, a football player in the NFL said; "Socialism is great, it's when everyone is rich, not just the wealthy."
Nfl 2012
Actually, socialism is when everyone is poor, except for a very few who are in cahoots with the leadership. Socialism keeps people down, capitalism pushes people up, especially those who are willing to work and perform. You can't get rich in a capitalistic society without creating productivity; either through your own laborers, or those who work for you. Those who work hard make more money, and those who organize those who work harder and spend more time doing that are also rewarded greatly. In doing so they provide jobs, abundance, and basically everything you see everywhere you go in our society and civilization.
Am I making a political statement that the Obama Administration's plans for America are horse crap? Well, I guess if that shoe fits they are welcome to wear it. It's not my fault they made those policies, or are attempting to control the production, labor, and capital in our free-market system, they have made those policies of their own choosing, based on their own political ideology. It's not my fault of socialism doesn't work, and has never worked in any country long-term in the history of humanity. I have nothing to do with that, I'm just stating the facts, don't shoot the messenger.
America needs to get back to doing what we do best. This sidetrack foray of wadding in the waters of socialism is liable to drown the next generation of Americans in a sea of economic stagnation. That in my humble opinion is the wrong direction, and continuation of such policies is unbecoming of such a great nation. Indeed I hope you will please consider all this and think on it.
Taxing the Middle Class Family Barely Getting by to Pay People Who Won't Work - Won't Work
Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank; http://www.worldthinktank.net
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