President Obama and all of the liberals want to force the rich to pay their fair share of taxes. They aren’t paying enough now. That is fine then we’ll all know equality in poverty. But that is fine too, isn’t it, for then everyone will be on the welfare rolls and all income will be distributed fairly and equally. Greed will be eliminated, won’t it? People will be seen as being more compassionate towards the poor, won’t they?
Of course people won’t have any power over their own lives anymore either but that is a small price to pay to create a society where fairness and equality rule. Now where am I going with this? This was an introduction to an analysis of what is happening to that rich family whose income is around $250,000 a year making them in the upper 5% of income earners. As stated,
“The bottom line: It’s not exactly easy street for our $250,000-a-year family, especially when they live in high-tax areas on either coast. Even with an additional $3,000 in investment income, they end up in the red — after taxes, saving for retirement and their children’s education, and a middle-of-the-road cost of living — in seven out of the eight communities in the analysis. The worst: Huntington, N.Y., and Glendale, Calif., followed by Washington, D.C., Bethesda, Md., Alexandria, Va., Naperville, Ill. and Pinecrest, Fla.”
Read the whole article here if you dare
This is your liberal ideology at its best. This is your ideology of compassion working hard every day to bring fairness and equality to our society.