@Cycloptichorn,
Quote:Obama: "By the end of the week, he’ll be accusing me of being a secret communist because I shared my toys in Kindergarten."
No, for forcing the other kids to.
If Obama and his supporters want to share their toys no one will stop them.
President Obama and his family will have all of their toys provided by the government and no one will be asking them to share them.
Ex-president Obama (If he is like every other president before him) will either leave the White House a very wealthy man or become very wealthy in short order. He'll have plenty of toys to spare.
Most of his followers tell us they are more than willing to share their toys, while not acknowledging that Obama has promised them he will not ask them to.
Much is made of the fact that Warren Buffet is willing to pay more in taxes.
Buffet could give up 99% of his toys and he would still have $62 million worth, but is he willing to go that far?
Redistributing the wealth of people who make between $250,000 and $3 million a year, if sustained, will kill, not just hurt, the economy.
These people are already paying a damned lot of taxes, and if they are further bled, at some point they will come to the conclusion that it is not worth working 70 to 80 hour weeks, worrying about the families whose livelihoods depend on them, and having 50% of the population view them as parasites.
Some of my friends and associates have told me that they are seriously considering moving their businesses out of the US, greatly shrinking them, or liquidating them altogether.
You can argue that they are selfish toads that America is better of without, but I know they are not, and, in any case, the people who depend upon them for a living won't think so.
There is a notion among Obama supporters that the "rich" are not contributing their "fair share."
Obviously this depends upon what is your definition of "fair."
If you believe that extra-ordinary talent, excellence, hard work, and willingness to assume risk are not worth extra-ordinary rewards then you are not likely to believe they can ever pay their fair share.
There is also a notion among Obama supporters that all of our problems can be solved if the government has enough money to spend.
So if we need to give the government (The State) more money to solve all of our problems then what better source than the "rich?"
Here's the dilemma
If you don't compel entrepreneurs to remain, they will eventually leave.
If you compel them to remain (and take their money) they will no longer create wealth.
It has been shown time and time again that throwing money at problems doesn't solve them.
We already have the strongest economy in the world, and the only ones that have any chance of overtaking ours (China and India) are capitalist.
And yes Cyclo jealously sucks. Something that you, above many, should learn to appreciate.