This is what happens when you punish the pesky rich people for having more than someone who doesn't work:
Obama promised to tax “the wealthy” into poverty
For more than two years now, team Obama promised to tax “the wealthy” into poverty, while at the same time seizing federal management control of private industry after private industry. “The wealthy” have another name, “investors.” When you target “the wealthy” with punitive tax and regulatory strategies, you target “investors” at the same time.
When investors withdraw from the market due to assaults on their earned assets, or because government is taking an increasingly heavy hand, limiting potential return on investments via new regulation of industries, an already stumbling economy is headed for the ditch, and we can’t call it an accident.
This is what happens when you punish the pesky rich people for having more than someone who doesn't work:
ReplyDeleteObama promised to tax “the wealthy” into poverty
For more than two years now, team Obama promised to tax “the wealthy” into poverty, while at the same time seizing federal management control of private industry after private industry. “The wealthy” have another name, “investors.” When you target “the wealthy” with punitive tax and regulatory strategies, you target “investors” at the same time.
When investors withdraw from the market due to assaults on their earned assets, or because government is taking an increasingly heavy hand, limiting potential return on investments via new regulation of industries, an already stumbling economy is headed for the ditch, and we can’t call it an accident.