I was talking to a friend who is pretty well off. He is the General Manager of an international hotel chain and a non supporter of President Obama. He is totally against taxing the rich and stated the reason. You know the rhetoric. 40% of people don't pay taxes, etc..., why should the rich suffer because of people like that. The conversation went on and he said that because of the new tax reforms people are moving to tax free or lower tax states and operating their businesses electronically. He said it with such satisfaction that I was appalled and all I could say is: 'That's not right'. Although I thought my words were lost on him, I just couldn't say anything else.
My stance is this. We don't live in a vacuum, or maybe some do. The money made by most businesses is the result of someone else is working. If it were not for the workers things would not progress. I understand workers are paid wages, but who gets rich? Not the workers. There are many reasons why, but most of all it because of high taxes unfairly distributed among people of varying economic stations.
I do not profess to be an economic genius, but I can add and substract. If anyone wants to educate me. Feel free.
