Taxing The Rich and Corporations To Pay The Government Bills ... Sounds good, Doesn't It?
For the people that buy into this stupid Obama idea and are not in that 'Rich' category. You are not home FREE. So as to speak. Remember Obama in his campaign speeches said: "When I'm Voted into Office I Will Level The Financial Playing Field" you know! Take from the rich and redistribute it through the government social programs. You remember that don't you?
Now this is what really happens ... just like in England when the socialists taxes got to big for the very rich ... the 'Very Rich' moved out of England ... at that time they moved to the United States ... taxes were much cheaper. Now it will be time to move again.
Can't you see? the big fraud "Tax the Rich People and Rich Corporations" ... The rich people move out of the country and the corporations raise their prices to compensate for the higher taxes ... AGAIN YOU LOOSE !
Now the population that is not rich, pay no income taxes, but everything they buy as a consumer cost more because of inflation and and higher cost of living ... Who really looses? Oh! By the way if you are renting chances are you landlord is 'rich' and your rent will also go up to compensate for higher taxes.
So if you are considered ''Not Rich" and you are not going to have to pay income taxes! But you will pay taxes on everything you buy to 'live'. That will compensate for your not paying income taxes. IT WILL BE THE REVERSE TAX SHIFT FROM THE RICH BACK TO THE 'NON-RICH'.
Sad isn't it?
roger merrill contrubiting editor RealHonestNews.com
