auditor0007
Gold Member
If the left is successful in divesting the rich of their wealth and shutting down the engines generating that wealth, how does the left propose to make the rich continue to generate the wealth the left wants to redistribute?
You really need to ask yourself this very simple question; who purchases the vast majority of the goods and services that create the wealth for the very wealthy? If the answer is the super wealthy, then by all means, we should lower their taxes so that they will begin to purchase more and get the economy going. However, if the answer is everyone else, then you should be able to see that taxing everyone else more and the wealthy less does not make sense.
And it's not about taxing the shit out of the wealthy to get back at them for being rich. Somebody must pay for government. Everyone does to some extent, but the wealthy need to pay more because it is in their best interest. When they pay more, it leaves everyone else paying less and spending more, which in turn creates more wealth for those a the top. This is the point that the right continues to miss. And the greatest evidence of this is the simple fact that American businesses are sitting on over $2 trillion in cash and refusing to put it back into the economy. And the reason is simple, because they know that everyone else, the true purchasers of goods and services, have no money to purchase more goods and services.