Tax the Rich!
There are opposing views to taxing the rich. The left argues they need to pay their fair share. Neo-Cons believe in trickle down economics. Freedom lovers believe any income tax is theft.
But I'm not going to argue which point of view is correct, rather why we're even having this discussion and who is going to win.
First, a very brief history lesson. America was founded on ridding itself of King George. In essence, we were a free people who could do what we wanted. Nearly every young man and woman in America is hoping to get rich, be it by hard work, ingenuity or just hitting the lottery.
Contrast this with Europe, where they aspire to be well off, but not rich. Yes their are rich people in Europe, but their are far less of them due to the tax structure. Ahhh - we've come back to taxes. In Europe they tax the rich far more aggresively than in America, but why? The history of Europe, unlike America, is two thousand years long of kings and caesars. The rich and powerful were not men of ingenuity and marketing, but politicians and rulers. To a European, RICH = POLITICS. Essentially the game is rigged against the people.
Something BIG happened over the last few years, the RICH in America got a big handout. Our bankers saw the greatest transfer of wealth from the middle class to themselves. Bankers from Goldman Sachs and other large institutions riddle our gov't from the White House, federal regulators, the FED, down to state and city gov'ts. Pulling on every string possible, they've tried to convince us they are too important to fail - they are the heart of the economy.
My fellow FOOLS, I say to you now that America has it's monarchs and caesars. The American people have seen that being RICH = POLITICS. Essentially the game is rigged against the people.
Some will say their are three paths America will choose: 1) Back to our founding principles 2) Socialism or 3) Monarchy
Those people are already wrong. America has chosen #2, which inevitably leads to #3.