Thursday, January 28, 2010

WHY THE CLASS WARFARE

I have trouble understanding why so many people want to tax "the Rich". Rich people can only do 2 things with their money, spend it or save it. If they spend it that creates more jobs. If they save it, unless they put it in a matress or can, that creates more jobs, because it either gives banks more money to loan to businesses, which enables them to expand. If they save it by investing that also helps business expand. Now they can also give it away, which would go under spending.
So why do so many people want to tax the rich. The more money the government takes from them in taxes, is less that they can, spend or save.
Another thing that bothers me is people complain about Bush's tax cuts only helping the "Rich". Well if you make more money its natural that your going to get more in a tax cut. And if you don't pay taxes your not going to get a tax cut.
If someone can explain that please let me know

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