Posted by
Kerbouchard on Thursday, August 28, 2008 11:59:13 AM
Lets explore this realistically...If Barack raises taxes for, say, people who make over 250,000 a year, who will benefit? The 'people'? How?
We'll assume for the sake of argument that it actually increases Gov't revenue(which it never has in history).
What is the gov't going to do with the money? Are they going to commission more projects to study the DNA of bears in Montana? Or build more bridges to nowhere? Or more projects like the million dollars for a Woodstock Museum?
I can't for the life of me understand why taking money from people who are successful at investing it, and giving it to the gov't who is horrible about spending it, could possibly benefit anybody.
Heres what it will actually do: lower gov't revenue, reduce investments, encourage outsourcing to foreign countries, lead to a work force reduction, and generally destroy the economy.
Its time that the Robin Hood fairy tale be put to rest.
Who is John Galt.