The problem with Democrats is that they don’t understand how things work in the world of business. They are too engaged in class warfare to actually tell the truth or to do things that are good for the country. Democrats believe that they should tax the living hell out of the so called rich and while they claim it is because the rich need to pay their fair share the reality is that the Democrats want to create envy among the have nots. Make the middle class believe that the rich are getting over and gain Democrat voters.
The absolute fact that the rich pay most of the income taxes in this country is lost on those who play the class warfare game. The bottom 47% of wage earners pay absolutely NO federal income taxes and many of them actually get money back. They owe no taxes and get a refund while the wealthy foot the bill for the cost of government in this country. The top 53% of wage earners pay the money that runs the country.
Democrats want to tax the people who create jobs. Remember folks, government does not create jobs. It can only create an environment favorable to job creation or one that hinders job creation.
Harry Reid, the Senate Majority Leader and world class moonbat Democrat has stated that millionaires (the latest group targeted for a tax increase) who produce jobs are like unicorns, they do not exist. He then narrowed it down to some small fraction (two opposing views, either they do NOT exist or they are present in a small percentage).
Both statements are incorrect. Wealthy people create plenty of jobs. In fact, we can shoot down the do not exist argument in one shot. Bill Gates, the late Steve Jobs, and the founders of Google are all extremely wealthy and they all create thousands of jobs. Not only are they creating jobs at their companies but their products create jobs down the line in companies that produce computers and those who install software. These millionaires (plus) have created plenty of jobs so the argument that they do not exist is gone.
But are the millionaires who create jobs a small fraction of the total number of millionaires or are they, as Reid claims, hedge fund managers and rich lawyers (like a lot of members of Congress)?
Paul Roderick Gregory of Forbes puts the Reid claim to the test and it looks like Reid told a whopper.
The number of millionaires who create jobs is significant and way above what Reid claimed. One would think that Reid would have some fact checkers doing some work to ensure he did not make such outrageous claims but that would assume that Reid did not want to make the mistake. He did not care. The truth was not his goal.
His goal was to create another myth and to perpetuate the class warfare that Democrats are known for. He wanted people to believe him.
It is like the myth that Warren Buffett pays less in taxes (as a percentage) than his secretary does and that he wants Congress to fix that because it isn’t right. The man avoids taxes (even while calling for higher rates) and the comparison he makes is invalid.
The whole story is bogus but people, supposedly intelligent people, keep using it to justify taxing the very people who pay the most in taxes (top 10% of earners pay 77% of the taxes).
That was Reid’s goal, spread a lie and have it multiply geometrically so he can continue to whip up class envy.
It is what Democrats do and this will never be different.
It is up to intelligent people to cut through the BS and come up with the truth.
We will never find unicorns but we can easily find millionaires who create jobs.
Reid lied. A truthful Democrat is like a unicorn…
ADDENDUM: While Reid is playing class warfare the wealth of members of Congress has tripled in the last 25 years while the wealth of the average American has decreased. Imagine that, their wealth has increased and they do not create ANY jobs and I don’t doubt they avoid paying higher taxes as well…
Never surrender, never submit.