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Message: <blockquote data-quote="NutHugger" data-source="post: 7914073" data-attributes="member: 627450">This is a common misconception. We better society by having more of our own money to spend in the economy. Whether it be the people most are jealous of who are "rich". They create jobs with their money. Nobody have money pins and swims in it like scrooge mcduck. The point of having money is to procure luxuries. So they buy planes which have to be built and sold and flown and maintained. They buy yachts which need the same things as the plane. They buy nice cars, which need the same things. They buy homes which need to be built, furnished, and maintained. Money earned does not just sit somewhere. It is constantly re-invested and working to give someone a job. The ONLY time this doesn't happen is when the government seizes their money. We can see this right now. There is too much uncertainty about whether obama will continue to take more of it. (obamacare costs employers a ton, so it made it that much harder to create jobs.) So these job creators are holding off on taking risks right now because the odds are not in their favor. The government is oppressive. These people's income is seized at 38%. I hear a lot of people say "well 38% doesn't matter as much to them as it does us". Ummm yes it does. It's a MUCH larger amount of money. Yeah it matters to them, and that's money that will not go to create a job. That money is stolen from the private sector and put into the public sector, which does not create a product and cannot make money for our country. It does give some people a job, but it does not do the economy good like a private sector job does. (If you believe that wealth is just traded around and a job is a job you're wrong. Wealth is created. It's not a 0 sum game.)So, this bs about "general welfare" of the country is counter intuitive. The people who cannot provide for themselves are the disabled either physically or mentally and the elderly. That's it. Nobody else has a valid excuse.NEXT: You hear that some rich person pays less taxes than their secretary or someone in the middle class. THAT IS NOT TRUE!! The income tax rates cannot be defeated. So this rich person has earned their money and been taxed on it once. Then they invest this money. If it happens to make money while invested, they are taxed again on this money. Understand that this money has not been spent. It has been lent. So it is now double taxed but at the "capital gains" rate. This is why the democrats are able to lie about this. If the double tax aka capital gains rate is raised, there will be no reason to invest. You will see stock prices drop dramatically and the economy take a huge hit. (This means that companies have lost investors, lost capital, and thus lost value.) You do not want this and you need to know what you're talking about before you enter the voting booth. If you just listen to the mainstream media or a liberal blog you simply are not as informed as you need to be. Understand that earning a return in the stock market is not easy. You can also lose everything you put in. So if you earn some it's hard. It's not a guaranteed earning like a paycheck is. Whatever you earn, a percentage of that is immediately stolen by the government. Stealing more and more of it just makes it that much harder to earn anything.</blockquote>

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