The Rich Get Richer

I have been hearing a lot of what amounts to Hate Speech by the current administration and the Media. Hate Speech towards the wealthy of this country. We even have a Senator calling for the Executives of AIG to commit suicide. Many of them are receiving death threats for receiving bonuses that they may or may not have earned but are entitled to by contract. Barney Frank, the Clown Prince of the House of Representatives has said that he thinks the names of the threatened executives should be made public. Where is the hysteria similar to what was created when someone supposedly shouted threats of Obama at McCain/Palin rallies? This of course did not really happen, but the misplaced hysteria was real.

My reason for writing this post is similar to my “One Bad Apple” story. The Adage “The Rich get Richer and the Poor Get Poorer” Is a copout and a fallacy. In America anyway. This is “The Land of Opportunity”. A place where anyone can get rich. Part of the reason that the Middle Class is shrinking is that They are moving into the Upper Middle Class and even the Wealthy Class.  Of course I am using these terms arbitrarily since we do not have set “classes” in this country. The “Rich” can become poor and the “Poor” can become Rich. If you have read The book “The millionaire next door” Or “The art of selling to the affluent” By Matt Oechsli , Then you would know what I mean.

Now before anyone asks why I am defending the rich, Let me say that I am not defending a class of people. I am defending FREEDOM. If these politicians can take taxpayers money and give it without conditions to a huge corporation that probably had other options, then express Phony Outrage about how they spend it, Then what is stopping them from determining how much YOU and I make at our jobs.  What happens when the government, Who already determines a minimum wage, decides to set a Maximum wage as well? All they have to do is get the Hoi Polloi stirred up into a frenzy over people that make more money than they do. Dehumanize the rich. There was another leader in the last century who used that same technique to convince young men to commit the most horrible atrocities against a class of people for the sake of public good.

Watch the other hand. When a magician makes a big flourish with one hand, it’s the other hand you should be watching. That’s where the real trickery takes place.  When these politicians are going after “the Rich”,  It’s your freedom that is the real target.

Simultaneously posted Here

Taxing the rich.

What if we eliminated corporate tax in America? Calm down… breathe normally…4 3 2 1. Ok now read carefully….
I heard someone talk about this on the radio tonite, and When I realized the implications I almost had a heart attack. I hear people all the time saying (parroting) that we should increase taxes on the rich. I think that is the stupidest idea in the world. Who do you think pays those taxes? Who do you work for? Now if your answer has anything to do with the gov’t then you aren’t going to like what I am saying. I won’t spend a lot of time going into how much “the rich” already pay but let’s just say that it’s the 20/80 rule on steroids. Something like 5/95.
But really, Who is REALLY paying those taxes? WE are. Big companies call this CODB or Cost of Doing Business and Taxes are part of the price you pay for an item. That is BEFORE Sales Tax! So you, Johnny and Jane Taxpayer, You pay tax when you earn money. You pay tax when you spend it. You even pay tax when you save it and earn interest. On top of THAT, You are also paying the tax of the company THAT MADE THE PRODUCT! (it’s in the price.)
So again… What if we ended Corporate Tax? First, Outsourcing would end. Do you ever wonder WHY companies ship jobs overseas. Cheaper labor is part of it. But Cheaper taxes and Fewer regulations are another part. A much bigger part. Without corporate taxes, Foreign companies would be begging to operate here. Prices would be much lower. the Economy would flow like Drano. Innovation would soar. Research and Development would be a larger part of society and people would have better jobs to choose from. If Corporations did not pay taxes they, like Churches today, would have less say over what happens in Government and Taxpayers would have more power. Any objections???