DEMONIZING THE RICH: BAD POLITICS

     I like rich people.

     Rich people give me, my kids and their kids, something to aspire to. That’s part of what makes America great; Opportunity. The skies the limit.

     Rich people (not all) own companies and businesses that build America’s wealth and provide jobs and benefits for millions of people. We need to keep the rich investing in America and not China or India. Rich people make cars, houses, tall buildings and factories. They provide trillions in charity to the unfed, uneducated, unhealthy and unprivileged, not just in America but all over the world.

     There is a lot of banter in the political arena these days, demonizing the rich as though they are the evil bad guys. The poor economy is all their fault. The far left wing, to which our president belongs, makes no bones that they believe in spreading the wealth, taking more from the rich and giving to the poor. The rich should pay more, more more more and more. The president has secured the endorsements of some wealthy backers who spin the truth by saying they’re not taxed enough, and the poor are taxed too much.

     Thus, Mitt Romney — the likely republican nominee —  is on the demonizers block for daring to be rich. We’ll be hearing a lot about that in the coming months, Mitt Romney’s success and wealth as though it was a negative. Every time the Obama campaign team attacks Romney’s wealth, people should remember;  John F. Kennedy, Franklin Delano Roosevelt, John Kerry and Lyndon Baines Johnson. All wealthy, all revered democrats in high office. If you’re a rich democrat, it’s okay.

     But it’s not okay for a republican to be wealthy. That’s a sign of greed and selfishness.    

     Well, I want to see more people becoming rich in this country, no matter what party they belong to. The more rich people, the more investments into business and then jobs and benefits. From there, less people will have their hands out demanding entitlements off the taxpayer.

     I did a little homework about the despicable rich who are weaseling out of tax responsibilities and laying the burdens on the middle and lower classes. According to a number of sources:

     Americans in the top 0.1 percent income bracket  — the very richest — pay 16.4 percent of the total tax burden. One of every six dollars is paid by this citizenry. On average, a member of this top 0.1 percent pay $1.1 million in federal income tax.

     The top one percent of income earners pays 37 percent of all federal income tax.

     The top 10 percent pays over 70 percent of the total income tax.

     The top 50 percent of income earners pay over 97 percent of total income tax.

     Excuse me, but will someone tell me what is so unfair?

     One only has to study the life and times of Barack Obama from his early days being mentored by communists (Frank Marshall Davis included) and socialists to understand where he and his ilk are coming from. It doesn’t take a mental giant. Yet, good Americans are still taken in by smooth talk, charm and charisma, which makes all the cynicism disappear. After all, how can such a nice fellow be so sinister?

     The basic tenets of socialism, and it’s more drastic counterpart; Communism, is to diminish the rich and spread the wealth among everyone including people who have no ambition or desire to earn it. It is not how America came to grow and become the most powerful and envied nation on the planet.

     The rhetoric coming from the Obama camp is replete with socialist ideas and objectives. I dread to think how an emboldened Obama will govern once he no longer has to run for another election.  One cannot imagine what will be accomplished with all that “flexibility.”

     The message: Don’t get caught up in all the political spin. Rich people are good for America. And they pay plenty. If they are gouged any further, they just might take their businesses elsewhere. Then where will we be.

       “The American people will never knowingly adopt Socialism. But under the name
of ‘liberalism’ they will adopt every fragment of the Socialist program until one day
America will be a Socialist nation, without knowing how it happened.”

        —   Norman Thomas, 1884 – 1968  – Six time presidential candidate for the Socialist Party of America.

  Top 0.1 Percent Pays More Income Tax than Bottom 80 Percent | The Weekly Standard