Dixie - In Memoriam
New member
You are so convoluted there is no hope for you. You're like a knotted up necklace in the hands of an 8-year-old girl, there is no hope of ever getting you straightened out again.
"The Rich" can be any number of people, depending on how you define "rich." A person with two dollars is "richer" than a person with one dollar, TWICE as "rich" as a matter of fact. So "rich" is a purely subjective term, which can virtually apply to anyone. And NO, we don't all KNOW what you mean by "rich" because it all depends on what you are comparing it to.
You'll say, well, it's people who make over $250k a year, those are "the rich!" But that isn't necessarily true, someone who makes $250k a year but has zero savings, is not as "rich" as someone who earns $0 income and has $50 million in savings. So we see, income earned is not a parameter of "richness." Most "rich" people have already earned their incomes, they don't need to earn more.
Now, what a lot of people you call "rich" like to do, is dabble in capitalist ventures. So, they will take some portion of their wealth from savings and securities, and distribute it to others who want to try and become "rich" through a capitalist venture. They do this with a certain amount of risk, sometimes they simply lose their investment, but since they have ample wealth, this is something they can afford to do from time to time, because on the 'reward' side, they can do very well. It's very much like gambling, where someone might lose or be down, then they hit a jackpot. Now imagine what Vegas would be like, if we put restrictions on what you can win? If we said, you can go and gamble and if you lose, you lose like always, but if you win, you have to turn your winnings over to the casino before you leave. How many people would still go gamble? My guess is, not very many.
And that is what we currently have happening in this Faux War on The Rich, perpetrated by Marxist Socialists who need to bring down Capitalism. You have killed all incentive for people of wealth to try and gain more wealth through capitalism, but it means you've also killed everyone else's ability to gain more wealth through capitalism. You have no growth, and no jobs, because the "rich" people are no longer inclined to gamble, you've removed their incentive. What your simple mind doesn't seem to comprehend is, "rich" people don't really have any need to earn incomes. In fact, they are the least in need of an income, because they have wealth. So what good is it doing you to try and tax their incomes more? They don't care! Raise top marginals to 99%, they still won't care! They don't need to earn income... WE need them to earn income, so we have economic growth, prosperity, and jobs!