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	Name:	MartiniMan -
	Subject:	More thoughts
	Date:	10/11/2008 12:51:55 PM

After re-reading the post I wanted to address the issue of not being able to buy more gold jewelry or whatever class envy B.S. that GF is trying to sell. He doesn't understand that I am going to run my business in a way that I will take home what I need to take home in order to maintain the lifestyle I have. So if taxes are increased I will likely not hire new employees and if necessary lay off employees in order to maintain my income. That is what really happens. The middle class and poor will be the ones to lose jobs.

But let's take GF's approach. The government takes more of my disposable income in the form of higher taxes and so I don't buy some good or service. Who is hurt by that, me?!?!?!? Not even close. For me its just a thing and if I can't afford it so be it. I can live without 95% of the crap I own and be just as happy.

But who really gets hurt? If I can't buy that new boat here's who gets hurt: the guy that assembles the boat loses his $45K per year job, the salesperson that makes $65K per year selling the boat loses their job, the insurance salespeople that makes $50K per year loses their job, the mechanic that makes $60K per year loses their job, the kids who makes $8 per hour pumping gas and selling stuff loses their job. You see, appealing to class envy, while emotionally appealing to the intellectually stunted actually has negative consequences beyond just sticking it to the "rich". I refer you to the real impact of the ill conceived and ill-fated luxury tax of the early 1990s. Devastated the lower and middle income working class in several industries (auto, boating and aircraft).

You see GF, you think Obama is for some new fangled hope and change when all he really stands for is the same old tax and spend liberalism that in all of history has never worked and never will and only hurts those it is supposed to help....the folly of ignoring history......

Other messages in this thread:

View Entire Thread

Game On....GF vs WW - CAT BOAT - 10/10/2008 5:21:10 PM

Marginal Tax Rates!!!!!!!!!!! - GoneFishin - 10/10/2008 5:42:53 PM

Marginal Tax Rates!!!!!!!!!!! - MrHodja - 10/10/2008 10:56:50 PM

Marginal Tax Rates!!!!!!!!!!! - water_watcher - 10/11/2008 7:41:45 AM

No hope for the illiterate - MartiniMan - 10/11/2008 11:34:24 AM

cherry pick...not lick :-) - MartiniMan - 10/11/2008 11:37:15 AM

More thoughts - MartiniMan - 10/11/2008 12:51:55 PM

Unfortunately,,,, - Mack - 10/11/2008 7:38:53 PM

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