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Just how does raising taxes that will then not result in increased revenue help government? Remember the famous Obama quote where he stated that he was not so much concerned about taxing the wealthy to increase revenue but instead as a matter of (twisted) fairness. I am not rich and would love it if I got some of their money but I am a citizen first and know that what is best for america is that everyone be treated equally under the law - and that means that we all live under the same tax laws and that we all go to jail if we defraud each other. What I see happening is that the rich pay a higher rate in taxes than other people and also get a free pass from gov when they defraud people. Odd since it is the job of gov to stop the fraud and it is not the job of gov to redistribute wealth. The Bush admin prosecuted hundreds of Wall Street players and the Obama admin has prosecuted none. Bush is credited* with making the tax rates more even and Obama wants to make them more uneven. What kind of admin does not prosecute those who commit fraud but claims to want to redistribute wealth for the sake of fairness? In the USSR was the weatlh of the favored rich ever redistributed or was that all lip service? If you all are a persons who really and truly wants to help poor people then you need to oppose schemes to redistribute wealth that will never materialize and stand up for the traditional concepts of fairness and justice. *He is credited with making tax rates more even (which is what people are referring to when they say that he cut taxes for the rich) but under his tax plan the rich paid more total dollars than they did before and more as a percent of the total.
Just how does raising taxes that will then not result in increased revenue help government?
Remember the famous Obama quote where he stated that he was not so much concerned about taxing the wealthy to increase revenue but instead as a matter of (twisted) fairness. I am not rich and would love it if I got some of their money but I am a citizen first and know that what is best for america is that everyone be treated equally under the law - and that means that we all live under the same tax laws and that we all go to jail if we defraud each other. What I see happening is that the rich pay a higher rate in taxes than other people and also get a free pass from gov when they defraud people. Odd since it is the job of gov to stop the fraud and it is not the job of gov to redistribute wealth.
The Bush admin prosecuted hundreds of Wall Street players and the Obama admin has prosecuted none. Bush is credited* with making the tax rates more even and Obama wants to make them more uneven. What kind of admin does not prosecute those who commit fraud but claims to want to redistribute wealth for the sake of fairness? In the USSR was the weatlh of the favored rich ever redistributed or was that all lip service? If you all are a persons who really and truly wants to help poor people then you need to oppose schemes to redistribute wealth that will never materialize and stand up for the traditional concepts of fairness and justice.
*He is credited with making tax rates more even (which is what people are referring to when they say that he cut taxes for the rich) but under his tax plan the rich paid more total dollars than they did before and more as a percent of the total.