Every time the federal government has passed a tax increase on the "wealthy" government revenue has GONE DOWN. This is because sucking the money that could have been used for investment, job creation and other expansions of the economy out of the private sector and stuffing it into the black hole of government does not help anyone. What was President Obama's response to this fact? "redistribution as a matter of fairness." In other words, these taxes are to make everyone poor, so no one is better than anyone else, regardless of how hard they work. You can read more on that here.
The question is, do they not realize that by stealing money from the private sector, they are also hurting the poor? I don't think they care.
| 'Millionaires tax' bills pass both houses, but are vetoed by Gov. Christie |
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