There's been a lot of talk on the airwaves and on the TV about an upcoming "redistribution of wealth." When pressed, certain folks will spin some yarn about "punishing successful people." And yes, all this has to do with taxes.
Some things I think about this:
1. All taxation is a redistribution of wealth. It takes wealth out of someone's hands and puts it in someone elses' hands.
2. All taxation reminds me of racketeering.
3. Despite paying a large percentage of my income every year in taxes, I get a pretty good return on my investment, considering. That return isn't where I want it to be, but its a small price to pay (imho) compared to the alternative of having Soviets rolling tanks through my backyard. I could use some better levees, some better schools, some better roads and some better healthcare, but we're not arguing about actually paying taxes - we're talking about how they're spent.
4. If I get a tax break, I will still be paying taxes. I will just be paying less.
5. The additional money in my pocket will probably still end up benefiting someone who's making more than $250,000+ a year. It will just pass through the hands of many more people making under $250,000+ a year on the way up.
5A. The additional money in the pocket of someone who makes $250,000+ a year doesn't make it into my hands near as often on the way down.
6. I know many, many successful people who make under $250,000 a year. As a matter of fact, the only people I've met who make more than $250,000 a year are university presidents, congressmen, governors, high end restaruanteurs, rock stars, and a few others who were even close to that.
7. As a matter of damn fact, I just realized that, unless I win the lottery or hit it big with rock and roll (stop laughing, people), I will never make more than $250,000 a year.
8. If someone makes $250,000 per year, and pays 40% taxes, they net $150,000 a year.
9. If someone makes $48,000 per year, and pays 25% taxes, they net $36,000 a year.
10. I relate to #9 far more emphatically than #8.