Wednesday, September 29, 2010

John Stossell on what 'taxing the rich' really means

From a new column by John Stossel on the absurdity of the Democrats "tax the rich" campaign:
Progressives want to raise taxes on individuals who make more than $200,000 a year because they say it's wrong for the rich to be "given" more money. Sunday's New York Times carries a cartoon showing Uncle Sam handing money to a fat cat. They just don't get it.

As I've said before, a tax cut is not a handout. It simply means government steals less. What progressives want to do is take money from some -- by force -- and spend it on others. It sounds less noble when plainly stated.
Read the full column at the link below:

Taxing the Rich - HUMAN EVENTS

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