Listen Up America, This Is About You
Redistribution of wealth is real. It could strike you even if you may not consider yourself wealthy. Conceptually redistribution of wealth means taking money from those who “have” and giving it to those who “have-not”.
Didn’t You Know, You Are Considered Wealthy
Those who “have” will be defined by the Obama administration. That definition will be a moving target. The threshold used today to define a “have” may be $250,000 but tomorrow it could be $90,000. A moving target has no boundaries.
As the number of “have-nots” increases, the amount of money needed to support them increases. The Obama administration will accomplish their fund raising by raising all of our taxes. Oh but wait, the “have-nots” do not pay taxes – so they get a free ride.
Taxes Go Up, Up, Up
Approximately 38% of American’s do not pay federal income taxes. Therefore the 62% of us who do pay our taxes have to support the 38% who do not. So when Obama says that he will raise everyone’s taxes, do not be fooled – he is only raising taxes on the 62% of us “haves”. The “have-nots” can thank the “haves” for their free ride.
Gee, what will this administration do when they have taxed the “haves” right out of existence?