Originally Posted by Guest

So your solution is??? Big business hires lots of employees. Rich people buy lots of expensive things and pay for lots of services. That means lots of the "little people" as you seem to indicate them, get paid and also spend. This boosts the economy, NOT food stamps and welfare which comes from taxation. The government produces NOTHING, except debt. The only thing that the gov should be in control of is National Defense. Not health care, not education, not housing, not food, not telephones and internet, just Defense. What part of economy do you not understand? Get rid of the wealthy and you get rid of the economy as we know it. The wealthy and big business are the engines that produce a powerful economy, not the government. The gov cannot be sustained without the wealthy, so if you chase them overseas, so goes the economy. The government can only hinder the economy by interfering with it. Or they can encourage the economy by staying away from it.
If you don't believe me, try traveling to other countries, socialist countries. Our standard of living far exceeds other countries, especially our so-called poverty level or lower class earners. Our lower class families standard of living is equivalent to middle class in other countries. Sure, the socialist countries have a large middle class, but they are more on par with our lower class than our middle class. Our upper middle class live as well as high earners in other countries. But, this is changing. Our middle class is losing ground in income. As our poverty level families are being raised up artificially by gov subsidies, our middle class is struggling to maintain their standard of living. Forget about any plans for a young retirement. They will be lucky if they will be able to retire at all. But, retirement is over rated, right?

Do I care if the wealthy get some breaks? Nope, I don't. They are paying the majority of the taxes, even with all their breaks. Drive the wealthy out of the U.S. and see how our economy tanks. We are NOT paying the wealthy by allowing them tax breaks that allow them to keep and invest more money. It's their money that we are allowing them to keep. The gov is allowing us to keep most of our money, thanks to the Bush tax cuts for the lower 47%. Not that I agree with the Bush tax cuts. I believe that everyone should have some skin in the game, even if just a little.

So, bashing the wealthy gains nothing. Biting the hand that feeds you is stupid.