Tuesday, November 2, 2010

Tax the Rich, Not the Workers

This statement has been seen on the back of cars with bumperstickers and seen on signs virtually everywhere in the months leading up to elections. This concept, however, implies that the "rich" don't work, and the workers aren't "rich".

Think of the doctors, the accountants, the lawyers, and the managers of the local Walmart, or the local McDonalds. They can all be considered "rich", yet which one of them slacks off? They all work hard.

They all put in long hours at school, and in their profession so that they can be at where they are today. Lawyers work on average 80 hours a week in their first year; which means that if they were to work six days a week, they would have to work from 6:00am - 7:30pm from Monday through Saturday. Sounds easy enough right?

I'm sure lawyers would love to work standard hours from 9:00am - 5:00 pm for 5 days a week, but in their profession, like other high paying jobs, that is not an option until after 20-25 years of working.

To say that the rich don't work is ridiculous.

The reason that America is wealthier than other countries is that there are so many opportunities for people to become rich. Or, at least there were. By constantly increasing the taxes on the rich, the chances of someone becoming rich are becoming much less likely.


"Central redistribution of wealth was tried in the former Soviet Union and is still in use in EU countries. The former went bankrupt evening out the wealth. The EU is now experiencing the consequences of redistribution: forcing Great Britain to cut back on needed health services and driving Greece into a severe austerity program."


http://www.americanthinker.com/blog/2010/10/tax_the_rich_not_the_workers_m.html

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