@ican711nm,
ican711nm wrote:
If Obama were to be elected, the USA federal government, while ignoring the supreme law of the land, could annually redistribute wealth as long as there exists wealth to redistribute. If it were my wealth that was threatened with redistribution, I'd take me and my wealth out of the USA. But if unable to do that, I'd stop trying to earn more wealth and dismiss my employees. Then when my wealth was exhausted, I'd go on welfare.
What would you do if you were wealthy and your wealth were being redistributed?
How is your "wealth" being redistributed?
Your tax dollars--my tax dollars--everyone's tax dollars are being spent to erect, build, or repair roads, bridges, dams, traffic signals, schools, colleges, etc. Your tax dollars are spent to hire air traffic controllers to make your air travel safer. Your tax dollars are spent to hire teachers to educate your children. Your tax dollars are spent to hire police officers to make your communities safer. Your tax dollars are spent to pay the salaries of your judges, legislators, and government executives. Your tax dollars are spent to help your society prosper--which inures to your benefit.
If Obama is elected, your first quarter of a million dollars in taxable income that you place in your pocket will be taxed at a lower rate. If you are in the TOP tax bracket, your income taxes will be increased by approximately 3 percent. That means for the next million dollars in taxable income that you place in your pocket, you will pay an additional $30,000 in tax. Taxable income means income that you can put in your pocket AFTER you have paid all your deductible business expenses including the wages of your workers.
It is ABSURD for you to claim that you would rather close down your business and lay off all your workers rather than pay an additional $30,000 in tax on that extra million dollars you put in your pocket. You might not want to pay your fair share of the cost of that bridge you're crossing, but I guarantee that you will find doing so much more preferrable than having that bridge collapse into the river or "going on welfare."