"Most Americans know this & want taxes raised on the top 2%..."
"Most Americans" know and want only what they've been PROPAGANDIZED to know and want. Their knowing and wanting has near zero correlation to them actually applying facts and logic and fully zero correlation to their own best interests.
There "top 1% -2%" is another PROPAGANDA campaign underway by Obama and his toadies to CONFLATE WALL STREET SPECULATORS WITH *SMALL* BUSINESS OWNERS & normal professionals such as accountants and doctors. "Top 2%" probably starts around $100k income and that is a million miles from "rich". Indeed, if you have 4 kids, and insurance needs, and live in California or NY then $100K is scarcely enough to have a bare existence. THINK, Clo. Stop regurgitating propaganda.
WHO GETS HURT BY OBAMA'S "TOP 2%" AND WHO *BENEFITS*??
The Wall Street Pigmen and their good buddy Obama WANT this higher tax BECAUSE they are almost totally exempt from it BECAUSE THEY DON'T GET MOST OF THEIR MONEY FROM *ORDINARY INCOME* TO BEGIN WITH.
Why doesn't Obama propose something MUCH simpler and MUCH more well directed? Such as?
Well WHY ARE STOCK OPTIONS AND OTHER PAPER TAXED AT *LESS* THAN THE TAX RATE ON ORDINARY INCOME? Why doesn't Obama propose, instead, to tax THOSE WHO GET THEIR MONEY NOT FROM ORDINARY INCOME BUT PRIMARILY FROM SPECULATION AND GAMING THE SYSTEM??
Maybe because he knows who butters his bread?
Do you really think it makes sense to tax those who actually WORK 40-100 hours a week in return as a professional or to keep their small business from sinking under VASTLY MORE THAN OBAMA AND HIS FELLOW SPECULATORS AND MANIPULATORS? Those who make almost all their money on 15% capital gains wouldn't be hurt one little bit if you taxed their ordinary income at the top rate. Only small business owners, professionals, and other people who have risen into the $100K+ range of income due to seniority or education would pay this tax, Clo.
I'm sorry to be so blunt with you, Clo, but you seem to be particularly obtuse when it comes to propaganda and applying independent thinking and FACTS.
It is the top ONE *TENTH* OF ONE PERCENT, NOT THE TOP 1% WHO NEED TO HAVE THEIR TAX RATE CHANGED. And they don't need to be taxed at a higher rate than ordinary income small business owners and professionals, either. They merely need to be taxed at the SAME rate on their "capital speculations" as those who actually work for a living.
But Obama -- notably -- isn't proposing to do that. Think, Clo. THINK.
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