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What you guys are talking about is that phrase that Spence hates: "redistribution of wealth". I'm not wealthy, but I don't believe that wealthy people should be taxed more just because they have more. They already pay the most, why should they have pay more.
Take the money from the politicians. I wonder if you'd hear any complaints from Congress if they were to have their "expense" money taken and redistributed to the needy. Or cut back on their car services and free meals. They certainly make enough to drive their own cars and pay for meals, don't they? I'm sure if that was proposed, it wouldn't get very far.
Keep in mind that many of the high wage earners are business owners who employ and provide benefits to others. If they have no incentive to grow their businesses, the can't create more jobs. This is just a way to discourage people from trying to grow businesses and by extension, the economy.
And many of the "rich" aren't doing just fine. Ask a guy who has a lot of his assets in investments if he's doing "fine" right now. You might just get a tall chock in the gulliver.
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