As The Rich Get Poorer

I fully agree with mccuerc...Mr. Samuelson, the Bush fiscal policy was based on the trickle-down idea, and the past 8 years have proven its mostly bs. It's true globally that a rising tide floats all boats, but that only means the barest of living standards are improving--nothing like what we are used to here in the U.S. Furthermore, like mccuerc says, those CEO's are making so much that even if their portfolio loses 40% of its value, they are still earning exponentially more than even the middle-class American, and can thus afford to contribute a little bit more to Uncle Sam for the greater good: tax credits for going to college, for creating jobs in the U.S., etc--these are things that WILL stimulate growth in the long run.

Why do people not see this "spread the wealth around" stuff, for what it really is A BAD IDEA. Think about it, if you give your kids money for what every they want, even though they don't pay you anything. Then when their money runs out what do they do? Do they go and get a job, or do they just come back wantingmore?

All it will do is encourage this dumb "Entitlement" mentality that is going on in America, which is people think that because they are living and aren't contributing to socity that they are "entitled" to what the rich have. The government should give a hand-up not a hand-out. The first will strengthen and grow the economy and the second will slow and hinder the economy, but will grow welfare.

Yeah, let's up the capital gains tax & get them rich SOBs. OOPS just remember my little ole 60 yr but was recently put out the door from down sizing ($40,000.00 annual income). Job prospects down right suck. The only income I am making is by playing the stock market a little. Doing that under short term trading is already 28%. Now just where do the tax the rich liberals propose to raise it to. I'm not even making my old salary.

Yeah, let's up the capital gains tax & get them rich SOBs. OOPS just remember my little ole 60 yr but was recently put out the door from down sizing ($40,000.00 annual income). Job prospects down right suck. The only income I am making is by playing the stock market a little. Doing that under short term trading is already 28%. Now just where do the tax the rich liberals propose to raise it to. I'm not even making my old salary.

Yeah, let's up the capital gains tax & get them rich SOBs. OOPS just remember my little ole 60 yr but was recently put out the door from down sizing ($40,000.00 annual income). Job prospects down right suck. The only income I am making is by playing the stock market a little. Doing that under short term trading is already 28%. Now just where do the tax the rich liberals propose to raise it to. I'm not even making my old salary.

Americans believe in many things, one of which is fairness. When those who have the least amount of control over their destinies are damaged or deprived because of the powerful it is unfair. When taxes are reduced on the very wealthy and not on the rest of the population they believe that to be unfair. Not taxing the wealthy isn't the answer to our economic problems either. Fairness lies in the eye of the beholder, but when a nation votes the way it did this election, then you know that they think something is really wrong. They want it fixed.

Well, I would make more money then if I was paying on the bills and the taxes

sure it does! if the rich have to pay more tax's it makes me richer,otherwise i would have to pay them?