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	<title>Comments on: Understanding what happens when you tax the &#8220;rich&#8221;</title>
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	<description>Engaging the culture by challenging the status quo</description>
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		<title>By: Dennis</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-10499</link>
		<dc:creator>Dennis</dc:creator>
		<pubDate>Thu, 23 Jul 2009 00:39:33 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-10499</guid>
		<description>For regular people in the USA, including me, our money in the bank won&#039;t reach the Federaly insured max of 100K (or 200K now, whatever).  Super wealthy need to invest their money that exceeds the federaly insured amount or they risk losing it.  When they buy another home(as an investment)the former homeowner gets their money and can now do with the money as they please. When the super wealthy invest in someone elses business someone gets their money.  If the home they purchased goes up in value then they were wise and they get richer (should we outlaw homes rising in value?).  If the business they invested in succeeds then everyone is a winner.  My point is that the rich aren&#039;t sitting on their money in a vault like scrooge mcduck.  When they have it available to invest we all see the profits.  Their profit will be higher but they took the risk so its fair.  Also the meal scenario is perfect.  If the food is looked at as being services provided by the government (military, clean water, paved roads, etc).  Rich and poor receive the same military service, the same clean water, and can use the same paved roads.  In the lunch scenario they each get a meal and the richest man is not going to eat 59 hamburgers and the poor guy one hamburger. They each get the same amount of service/food. When &quot;Tax the hell out of the rich&quot; is in practice it is only a matter of time before the accepted line of &quot;rich&quot; is lowered to include regular people like me.</description>
		<content:encoded><![CDATA[<p>For regular people in the USA, including me, our money in the bank won&#8217;t reach the Federaly insured max of 100K (or 200K now, whatever).  Super wealthy need to invest their money that exceeds the federaly insured amount or they risk losing it.  When they buy another home(as an investment)the former homeowner gets their money and can now do with the money as they please. When the super wealthy invest in someone elses business someone gets their money.  If the home they purchased goes up in value then they were wise and they get richer (should we outlaw homes rising in value?).  If the business they invested in succeeds then everyone is a winner.  My point is that the rich aren&#8217;t sitting on their money in a vault like scrooge mcduck.  When they have it available to invest we all see the profits.  Their profit will be higher but they took the risk so its fair.  Also the meal scenario is perfect.  If the food is looked at as being services provided by the government (military, clean water, paved roads, etc).  Rich and poor receive the same military service, the same clean water, and can use the same paved roads.  In the lunch scenario they each get a meal and the richest man is not going to eat 59 hamburgers and the poor guy one hamburger. They each get the same amount of service/food. When &#8220;Tax the hell out of the rich&#8221; is in practice it is only a matter of time before the accepted line of &#8220;rich&#8221; is lowered to include regular people like me.</p>
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		<title>By: Colleen</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-9848</link>
		<dc:creator>Colleen</dc:creator>
		<pubDate>Mon, 20 Apr 2009 08:01:04 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-9848</guid>
		<description>And lets not forget how Business also ensures it has a steady supply of cheap labor as someone has to pay the price.  As despite it being their business or coporation apparently its the working slob who is expected to work for nothing, or close to it.</description>
		<content:encoded><![CDATA[<p>And lets not forget how Business also ensures it has a steady supply of cheap labor as someone has to pay the price.  As despite it being their business or coporation apparently its the working slob who is expected to work for nothing, or close to it.</p>
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		<title>By: Colleen</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-9847</link>
		<dc:creator>Colleen</dc:creator>
		<pubDate>Mon, 20 Apr 2009 07:56:50 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-9847</guid>
		<description>Its a nice theory but not reality as you pay for what you have and not what you don&#039;t have, right?  If I own a bundle then its understandable that a bundle is what I&#039;m taxed on.  If I  own little then its understandable thats what I&#039;m taxed on?  Its what makes the rich go out and buy themselves a bunch a politicians to see it their way.   And the Rich don&#039;t like to pay its what got them Rich so let them take there dime elsewhere because one thing for sure there is nothing like a bunch of Rich to bring a poor neighborhood down as its Starve a Child get a Tax Break in BC as the Rich ensure they get the breaks.  No breaks for kids though.</description>
		<content:encoded><![CDATA[<p>Its a nice theory but not reality as you pay for what you have and not what you don&#8217;t have, right?  If I own a bundle then its understandable that a bundle is what I&#8217;m taxed on.  If I  own little then its understandable thats what I&#8217;m taxed on?  Its what makes the rich go out and buy themselves a bunch a politicians to see it their way.   And the Rich don&#8217;t like to pay its what got them Rich so let them take there dime elsewhere because one thing for sure there is nothing like a bunch of Rich to bring a poor neighborhood down as its Starve a Child get a Tax Break in BC as the Rich ensure they get the breaks.  No breaks for kids though.</p>
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		<title>By: kh</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-9754</link>
		<dc:creator>kh</dc:creator>
		<pubDate>Wed, 08 Apr 2009 17:49:01 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-9754</guid>
		<description>liberals don&#039;t see free people working, they only see milk-cows... why people can´t keep his own money?? They made it, so they should expend it as they like... 

why i should have a &quot;right&quot; to others money?????</description>
		<content:encoded><![CDATA[<p>liberals don&#8217;t see free people working, they only see milk-cows&#8230; why people can´t keep his own money?? They made it, so they should expend it as they like&#8230; </p>
<p>why i should have a &#8220;right&#8221; to others money?????</p>
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		<title>By: Hawkeye</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-9636</link>
		<dc:creator>Hawkeye</dc:creator>
		<pubDate>Fri, 27 Mar 2009 08:54:05 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-9636</guid>
		<description>A progressive tax system simply asks the strip-miners to fill in the hole when they are done.

All this nonsense about HIGHER taxes is simply empty rhetoric. Look at the tax rates historically ... even during historically great economic times ... taxes on the wealthy were much higher than they are now and far higher than anyone is planning to make them as part of this increase. The incremental difference is ridiculously small.

The problem is the accelerating greed of the &quot;ruling&quot; class. Getting a good return on your investment money used to be &quot;X&quot; ... now it is &quot;X times 10.&quot; Executives in the 50&#039;s made about 40 times what the average joe made ... now the number is closer to 400 times.

The government has been systematically syphoning money from the poor and middle class and putting into the hands of the wealthy and super-wealthy for decades. Reversing this trend is going to be painful for some ... but we need to ask the people who can afford to sacrifice to make the sacrifice ... and pray that they respond like responsible members of society and not petulant children.</description>
		<content:encoded><![CDATA[<p>A progressive tax system simply asks the strip-miners to fill in the hole when they are done.</p>
<p>All this nonsense about HIGHER taxes is simply empty rhetoric. Look at the tax rates historically &#8230; even during historically great economic times &#8230; taxes on the wealthy were much higher than they are now and far higher than anyone is planning to make them as part of this increase. The incremental difference is ridiculously small.</p>
<p>The problem is the accelerating greed of the &#8220;ruling&#8221; class. Getting a good return on your investment money used to be &#8220;X&#8221; &#8230; now it is &#8220;X times 10.&#8221; Executives in the 50&#8242;s made about 40 times what the average joe made &#8230; now the number is closer to 400 times.</p>
<p>The government has been systematically syphoning money from the poor and middle class and putting into the hands of the wealthy and super-wealthy for decades. Reversing this trend is going to be painful for some &#8230; but we need to ask the people who can afford to sacrifice to make the sacrifice &#8230; and pray that they respond like responsible members of society and not petulant children.</p>
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		<title>By: Axel</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-9573</link>
		<dc:creator>Axel</dc:creator>
		<pubDate>Sun, 22 Mar 2009 16:49:27 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-9573</guid>
		<description>Those poor, poor, wealthy people!  How I agonize over their tax burden!  Why, they can&#039;t even afford twenty vacation homes any more!  How are they supposed to recreate with only nineteen vacation homes?  Oh, the humanity!
In the spirit of supreme and selfless sacrifice, I volunteer to trade incomes with one of the wealthy, so it will be MY burden to shoulder the heavy load of the crushing taxes they must pay!  I do this out of sheer altruism, so please wealthy people, contact me to arrange the trade!  Free yourselves now!</description>
		<content:encoded><![CDATA[<p>Those poor, poor, wealthy people!  How I agonize over their tax burden!  Why, they can&#8217;t even afford twenty vacation homes any more!  How are they supposed to recreate with only nineteen vacation homes?  Oh, the humanity!<br />
In the spirit of supreme and selfless sacrifice, I volunteer to trade incomes with one of the wealthy, so it will be MY burden to shoulder the heavy load of the crushing taxes they must pay!  I do this out of sheer altruism, so please wealthy people, contact me to arrange the trade!  Free yourselves now!</p>
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		<title>By: Joel</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-9489</link>
		<dc:creator>Joel</dc:creator>
		<pubDate>Mon, 16 Mar 2009 22:26:00 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-9489</guid>
		<description>To the white cat 6 posts up, all the other western nations can afford socialized health care because we (the United States taxpayers) pay for their defense through NATO and the UN.  If the USA withdrew from NATO and the UN, socialized medicine along with the 6 month waiting lists to see the doctor assigned to you by the government would disappear within a year.  Trading the American system of government and economy for socialism would be like trading an Asian Leopard (like me) for a plain old domestic cat.</description>
		<content:encoded><![CDATA[<p>To the white cat 6 posts up, all the other western nations can afford socialized health care because we (the United States taxpayers) pay for their defense through NATO and the UN.  If the USA withdrew from NATO and the UN, socialized medicine along with the 6 month waiting lists to see the doctor assigned to you by the government would disappear within a year.  Trading the American system of government and economy for socialism would be like trading an Asian Leopard (like me) for a plain old domestic cat.</p>
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		<title>By: Joel</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-9488</link>
		<dc:creator>Joel</dc:creator>
		<pubDate>Mon, 16 Mar 2009 22:15:01 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-9488</guid>
		<description>Our government is printing money that does not exist for “frisbee golf” parks and “leashless” dog walks.  Meanwhile homes are being foreclosed on daily.  Do you realize that in the President’s so called stimulus bill spent $18,000 per taxpayer without giving 1$ to the taxpayer?  While I work for myself and have not paid taxes this year, I will next month and it will be a hard thing to do given the gross mismanagement at the local, sate and federal levels when it comes to our tax money.  I don’t mind paying taxes when I know the money is being used to do the things government should do.  My problem is with government inventing new numbers (like trillion) just to spend on nonsense. Okay, ten billion dollars out of the 800 billion dollars to help study the mating rituals of the North Dakotan Shaved Weasel is needed to stimulate the economy. Somebody will still have to pay for that and all the rest of the insane Washington D.C. spending and the top 5 percent of Americans don’t make 800 billion dollars in 5 years much less two.  For our politicians to try and tell you that raising taxes on the rich or smokers will pay off their spending spree amounts to nothing more than selling you snake oil.  The plan to soak up the rich is great.  They will be happy to pay for all sorts of new social programs so the North Dakotan Shaved Weasel can have free health care and upgrades to digital T.V. so they can watch frisbee golf 24 hours a day.  Until the rich either run out of money or leave to go somewhere cheaper.  Ask the state of California what happens to the population when it is over-taxed.  So if the rich leave, who gets the tax then?  The not as rich of course.  So we just keep knocking out rungs off the social ladder until eventually we get to your rung and naturally it will magically stop there right?  What happens if all the taxpayers leave?  Who will pay for the free government handouts then?  Just something to think about: I never got a job from a guy living under a bridge.  This is a case where we should remember the “Golden rule”: do to others as you would have them do to you.  Instead we have the “American golden rule”: If someone has more gold than me, they should pay for my health care!!!! (Note No North Dakotan Shaved Weasels were harmed in the making of this post)</description>
		<content:encoded><![CDATA[<p>Our government is printing money that does not exist for “frisbee golf” parks and “leashless” dog walks.  Meanwhile homes are being foreclosed on daily.  Do you realize that in the President’s so called stimulus bill spent $18,000 per taxpayer without giving 1$ to the taxpayer?  While I work for myself and have not paid taxes this year, I will next month and it will be a hard thing to do given the gross mismanagement at the local, sate and federal levels when it comes to our tax money.  I don’t mind paying taxes when I know the money is being used to do the things government should do.  My problem is with government inventing new numbers (like trillion) just to spend on nonsense. Okay, ten billion dollars out of the 800 billion dollars to help study the mating rituals of the North Dakotan Shaved Weasel is needed to stimulate the economy. Somebody will still have to pay for that and all the rest of the insane Washington D.C. spending and the top 5 percent of Americans don’t make 800 billion dollars in 5 years much less two.  For our politicians to try and tell you that raising taxes on the rich or smokers will pay off their spending spree amounts to nothing more than selling you snake oil.  The plan to soak up the rich is great.  They will be happy to pay for all sorts of new social programs so the North Dakotan Shaved Weasel can have free health care and upgrades to digital T.V. so they can watch frisbee golf 24 hours a day.  Until the rich either run out of money or leave to go somewhere cheaper.  Ask the state of California what happens to the population when it is over-taxed.  So if the rich leave, who gets the tax then?  The not as rich of course.  So we just keep knocking out rungs off the social ladder until eventually we get to your rung and naturally it will magically stop there right?  What happens if all the taxpayers leave?  Who will pay for the free government handouts then?  Just something to think about: I never got a job from a guy living under a bridge.  This is a case where we should remember the “Golden rule”: do to others as you would have them do to you.  Instead we have the “American golden rule”: If someone has more gold than me, they should pay for my health care!!!! (Note No North Dakotan Shaved Weasels were harmed in the making of this post)</p>
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		<title>By: Harry</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-9456</link>
		<dc:creator>Harry</dc:creator>
		<pubDate>Sun, 15 Mar 2009 01:10:38 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-9456</guid>
		<description>exe:  The rich person has tax shelters?  Must not be very good ones, they&#039;re still paying $59.00!  Wake up, dude, far too many people pay no federal income taxes at all and for too many people not only pay no federal income taxes, they receive &#039;tax refunds&#039; due to ridiculous tax credits.  Get your facts straight.  And stop hain&#039; on rich folks - they&#039;re carrying your share of the burden.

And Zhisou: I can&#039;t even begin to excavate you parallel universe.  Get your meds in order...</description>
		<content:encoded><![CDATA[<p>exe:  The rich person has tax shelters?  Must not be very good ones, they&#8217;re still paying $59.00!  Wake up, dude, far too many people pay no federal income taxes at all and for too many people not only pay no federal income taxes, they receive &#8216;tax refunds&#8217; due to ridiculous tax credits.  Get your facts straight.  And stop hain&#8217; on rich folks &#8211; they&#8217;re carrying your share of the burden.</p>
<p>And Zhisou: I can&#8217;t even begin to excavate you parallel universe.  Get your meds in order&#8230;</p>
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		<title>By: zhisou</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-9389</link>
		<dc:creator>zhisou</dc:creator>
		<pubDate>Sun, 08 Mar 2009 11:29:45 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-9389</guid>
		<description>What a load of rubbish, I can&#039;t believe this Limbaugh-like simplistic misleading drivel is still doing the rounds.

The bit you entirely miss off - which is the whole point - is what&#039;s left after they&#039;ve paid the bill: the four who paid nothing, still have nothing, the many thousands who paid a bit still have a bit, the one rich guy who paid a lot still has a lot.

The Bush system of charging $80 for a $100 meal and getting the Chinese restaurant over the road to pay the rest was hardly surefooted economics.  We&#039;ll see just how much that really costs when the Chinese start to play hardball.

The problem in the world economy today is not a shortage of supply - lowering taxes on those most likely to create jobs won&#039;t work.  No business person will create a job unless they&#039;re sure they can sell their products - you only employ people when you can use them to help your business succeed.  The problem at the moment is a dearth of demand - no one&#039;s buying anything!  The solution must be to boost demand which will in turn lead to greater business confidence and revenue which will lead to jobs.  You boost demand by targeting money at those most likely to spend it: the poor.

The problem with Limbaugh and other stupid people is that they only have one solution, so apply it to everything.  Cutting taxes and relaxing regulation worked in the 80s because that was a problem of stiffled supply-side, no it&#039;s different, it needs a different solution.</description>
		<content:encoded><![CDATA[<p>What a load of rubbish, I can&#8217;t believe this Limbaugh-like simplistic misleading drivel is still doing the rounds.</p>
<p>The bit you entirely miss off &#8211; which is the whole point &#8211; is what&#8217;s left after they&#8217;ve paid the bill: the four who paid nothing, still have nothing, the many thousands who paid a bit still have a bit, the one rich guy who paid a lot still has a lot.</p>
<p>The Bush system of charging $80 for a $100 meal and getting the Chinese restaurant over the road to pay the rest was hardly surefooted economics.  We&#8217;ll see just how much that really costs when the Chinese start to play hardball.</p>
<p>The problem in the world economy today is not a shortage of supply &#8211; lowering taxes on those most likely to create jobs won&#8217;t work.  No business person will create a job unless they&#8217;re sure they can sell their products &#8211; you only employ people when you can use them to help your business succeed.  The problem at the moment is a dearth of demand &#8211; no one&#8217;s buying anything!  The solution must be to boost demand which will in turn lead to greater business confidence and revenue which will lead to jobs.  You boost demand by targeting money at those most likely to spend it: the poor.</p>
<p>The problem with Limbaugh and other stupid people is that they only have one solution, so apply it to everything.  Cutting taxes and relaxing regulation worked in the 80s because that was a problem of stiffled supply-side, no it&#8217;s different, it needs a different solution.</p>
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		<title>By: grantman</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-9317</link>
		<dc:creator>grantman</dc:creator>
		<pubDate>Fri, 27 Feb 2009 01:08:52 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-9317</guid>
		<description>..your logic works except for one thing..there are a 1,000 people paying only $1 dolar while there are only 10 paying $59 ! Proportionment is everything!
grantman</description>
		<content:encoded><![CDATA[<p>..your logic works except for one thing..there are a 1,000 people paying only $1 dolar while there are only 10 paying $59 ! Proportionment is everything!<br />
grantman</p>
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		<title>By: Don Berg</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-8933</link>
		<dc:creator>Don Berg</dc:creator>
		<pubDate>Tue, 13 Jan 2009 20:29:56 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-8933</guid>
		<description>This cute story is offensive on several counts. First of all the idea that the reigning adminstration owns the country and is empowered to treat it as their own business is both horrid and too close to the apparent truth under the Bush administration. (I don&#039;t know if the Canadian leadership is equally prone to a disproportionate sense of entitlement.) 

Another offense against the truth is the idea that the citizens would not take into account the disproportionate level of non-financial burdens that the poor bear. Consider that while the rich pay for our wars abroad, it is the poor who bear most of the burden of sacrificing their sons, daughters, husbands, wives, and friends. In a democratic society everyone bears some cost to maintain the infrastructure that makes the peace and prosperity possible. 

The financial burden is only one of the costs and the rich are rightly taxed more heavily because the benefits they gain from infrastructures like the SEC, the banking system, and others is heavily in their favor. Taxes, along with certain kinds of government service, are the membership dues we all pay to enjoy peace and prosperity.

I re-wrote this little conservative fable with a more liberalized slant in a blog post last year, (though I hope that the points of critique above transcend ideological lines):

http://blog.attitutor.com/2006/06/tax-math-reframed.html</description>
		<content:encoded><![CDATA[<p>This cute story is offensive on several counts. First of all the idea that the reigning adminstration owns the country and is empowered to treat it as their own business is both horrid and too close to the apparent truth under the Bush administration. (I don&#8217;t know if the Canadian leadership is equally prone to a disproportionate sense of entitlement.) </p>
<p>Another offense against the truth is the idea that the citizens would not take into account the disproportionate level of non-financial burdens that the poor bear. Consider that while the rich pay for our wars abroad, it is the poor who bear most of the burden of sacrificing their sons, daughters, husbands, wives, and friends. In a democratic society everyone bears some cost to maintain the infrastructure that makes the peace and prosperity possible. </p>
<p>The financial burden is only one of the costs and the rich are rightly taxed more heavily because the benefits they gain from infrastructures like the SEC, the banking system, and others is heavily in their favor. Taxes, along with certain kinds of government service, are the membership dues we all pay to enjoy peace and prosperity.</p>
<p>I re-wrote this little conservative fable with a more liberalized slant in a blog post last year, (though I hope that the points of critique above transcend ideological lines):</p>
<p><a href="http://blog.attitutor.com/2006/06/tax-math-reframed.html" rel="nofollow">http://blog.attitutor.com/2006/06/tax-math-reframed.html</a></p>
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		<title>By: gretchenmanchester</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-3563</link>
		<dc:creator>gretchenmanchester</dc:creator>
		<pubDate>Wed, 15 Oct 2008 20:16:48 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-3563</guid>
		<description>If you are suggesting that the wealthy will leave the country in droves if we repeal the Bush tax cuts, that is ludicrous.  First of all, where would they go?  Almost every other Western country has socialized health care which means what...Higher taxes.

I suppose they could migrate to South America and live like royalty, but they wouldn&#039;t.  The wealthy don&#039;t want to retire and stick with what they have.  They  need a heavily capitalist system to milk as much money out of the pockets of consumers as they can.  It is their addiction.  Greed.</description>
		<content:encoded><![CDATA[<p>If you are suggesting that the wealthy will leave the country in droves if we repeal the Bush tax cuts, that is ludicrous.  First of all, where would they go?  Almost every other Western country has socialized health care which means what&#8230;Higher taxes.</p>
<p>I suppose they could migrate to South America and live like royalty, but they wouldn&#8217;t.  The wealthy don&#8217;t want to retire and stick with what they have.  They  need a heavily capitalist system to milk as much money out of the pockets of consumers as they can.  It is their addiction.  Greed.</p>
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		<title>By: thenonconformer</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-3564</link>
		<dc:creator>thenonconformer</dc:creator>
		<pubDate>Thu, 04 Sep 2008 21:26:28 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-3564</guid>
		<description>REMINDS ME OF

http://witnessed.wordpress.com/2008/09/02/the-poor-widow-jesus-refers-too/</description>
		<content:encoded><![CDATA[<p>REMINDS ME OF</p>
<p><a href="http://witnessed.wordpress.com/2008/09/02/the-poor-widow-jesus-refers-too/" rel="nofollow">http://witnessed.wordpress.com/2008/09/02/the-poor-widow-jesus-refers-too/</a></p>
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		<title>By: tigeraconsciente</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-3562</link>
		<dc:creator>tigeraconsciente</dc:creator>
		<pubDate>Sun, 19 Nov 2006 18:04:32 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-3562</guid>
		<description>hmm... what about the part where less taxes means less food, so the poor continue to go hungry without this deal, but the rich guy could go somewhere else where he&#039;ll get more food and not haveto care about his fellow starving brothers??



On the other hand.. its not like the money actually goes to food and people&#039;s real needs anyway...</description>
		<content:encoded><![CDATA[<p>hmm&#8230; what about the part where less taxes means less food, so the poor continue to go hungry without this deal, but the rich guy could go somewhere else where he&#8217;ll get more food and not haveto care about his fellow starving brothers??</p>
<p>On the other hand.. its not like the money actually goes to food and people&#8217;s real needs anyway&#8230;</p>
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		<title>By: Duane</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-3561</link>
		<dc:creator>Duane</dc:creator>
		<pubDate>Thu, 16 Nov 2006 07:34:02 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-3561</guid>
		<description>&lt;em&gt;UPDATED COMMENT&lt;/em&gt;

Trust me, this (meaning what you have just mentioned) does not apply to all that are classified or seen as &quot;rich&quot;.</description>
		<content:encoded><![CDATA[<p><em>UPDATED COMMENT</em></p>
<p>Trust me, this (meaning what you have just mentioned) does not apply to all that are classified or seen as &#8220;rich&#8221;.</p>
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		<title>By: exe</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-3560</link>
		<dc:creator>exe</dc:creator>
		<pubDate>Thu, 16 Nov 2006 03:23:30 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-3560</guid>
		<description>The rich person benefits from tax shelters before he pays taxes. So in the restaurant he has the first three or four courses of the meal for free. If more of the income can be sheltered, the rich person might become theoretically &quot;poor&quot;  and pay nothing.</description>
		<content:encoded><![CDATA[<p>The rich person benefits from tax shelters before he pays taxes. So in the restaurant he has the first three or four courses of the meal for free. If more of the income can be sheltered, the rich person might become theoretically &#8220;poor&#8221;  and pay nothing.</p>
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		<title>By: Duane</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-3559</link>
		<dc:creator>Duane</dc:creator>
		<pubDate>Wed, 15 Nov 2006 19:20:12 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-3559</guid>
		<description>The same scenario would apply for American taxpayers.</description>
		<content:encoded><![CDATA[<p>The same scenario would apply for American taxpayers.</p>
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		<title>By: Saudia</title>
		<link>http://www.blackinformant.com/uncategorized/understanding-what-happens-when-you-tax-the-rich/comment-page-1#comment-3558</link>
		<dc:creator>Saudia</dc:creator>
		<pubDate>Wed, 15 Nov 2006 18:20:34 +0000</pubDate>
		<guid isPermaLink="false">http://blackinformant.com/2006/11/14/understanding-what-happens-when-you-tax-the-rich/#comment-3558</guid>
		<description>cute.  Can you break that down for me in regard to American taxpayers.</description>
		<content:encoded><![CDATA[<p>cute.  Can you break that down for me in regard to American taxpayers.</p>
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