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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (168537)8/9/2011 4:53:09 PM
From: Brumar89  Read Replies (3) | Respond to of 544154
 
No, its not silly. Leftists assume there is some giant class of superrich out there with bank vaults filled with golden coin filled moneybags, that they're stolen from the poor.

As I just posted:

Talking about the 'rich' is talking about a moving target. If you define it as the superrich, say the Fortune 400, which is the stereotype most people think of when they talk about the 'rich', then taxing away all their wealth won't get you so much. If you define it as the top 1% of HH's though, you include a lot more than the superrich. Taxing away their wealth means wiping out every small business in the country and every working farm,maybe most Californians who've paid off their homes, etc. You think thats a good idea?

BTW you may well be in the top 1% of wealth holders. It wouldn't surprise me if most of the people on this thread are too.