Michael Medved on Taxing the Rich
futureofcapitalism.com

Michael Medved, writing in USA Today:

When President Obama pushes the idea of "taxing the rich," he's really talking about placing new obstacles before those trying to get rich. His desired tax hikes won't impact the "millionaires and billionaires" who draw his derision as much as they will cripple strivers who hope someday to become millionaires and billionaires. U.S. tax authorities don't go after wealth once it has been accumulated but rather grab their share from income; high rates hamper earning, not luxurious living.

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Michael Medved on Taxing the Rich
futureofcapitalism.com

Michael Medved, writing in USA Today:

When President Obama pushes the idea of "taxing the rich," he's really talking about placing new obstacles before those trying to get rich. His desired tax hikes won't impact the "millionaires and billionaires" who draw his derision as much as they will cripple strivers who hope someday to become millionaires and billionaires. U.S. tax authorities don't go after wealth once it has been accumulated but rather grab their share from income; high rates hamper earning, not luxurious living.

Read More...