Our country was founded on the principles that one has the right to PURSUE happiness. This does not mean you have the right to HAVE happiness. For those who take risks, there are rewards. Why shouldn’t a CEO of a company, who is responsible for the direction, the profitability, and the future viability of a corporation, earn their worth? If a factory worker makes a mistake, what is the worst thing that could happen? Will the company shutter their doors? Unlikely. But a mistake by the CEO could put all employees out on the street, affecting not only himself, but all of the companies employees, and also the stockholders. Do you see that factory worker taking on that responsibility? When you level things out, or redistribute the benefits (i.e. wealth) of taking those positions and achieving success, you will have more people say those types of things are not worth the risk. At that is the danger, that we do not push the envelope on innovation and strive to excel and prosper as individuals and a nation.

Let’s not tax the success of making a profit, let’s tax the extravagance inherent. If you can afford a Bentley, you can afford to pay taxes on it, especially if we finally make the income tax reasonable or abolish it. And the poor shouldn’t be paying taxes at all. Lower taxes for all. Lower spending.

SMS

Damn right I wouldn’t mind seeing that “redistributed”.

And while you’re at it, let’s hear your compelling case as to why the average CEO deserves to make upwards of 400 times the average factory worker. (that figure fluctuates, but the trend is ever upwards).

Is that part of the American dream too?

While somewhere around three percent of the homeowner mortgages are in trouble what about the remaining 97% of homeowners who are making their mortgage payments? Should their federal money be used to bail out others who, for whatever reason or circumstance, are in trouble today.

The same applies to those who create the tens of thousands of jobs in America. You can become the next Larry Ellison. What you don’t see in the papers are the thousands of Americans who started businesses that failed. My father and one of my brothers are perfect examples of those whose businesses didn’t survive that I can relate to. You won’t find their names in the Fortune 100 list of wealthiest Americans. So I guess they should have asked the government for a rebate for their failed investments of time and money. PS: My dad is no longer with us. My brother started another business that has been a success.

Apparently the Obama policy is for those who have creative ideas and put in thousands of hours, take no salaries in the ramp up of their busiesses, should be punished on the other side of the bell curve once they reach the top of the mountain. Sorry. But that’s not an inducement for the risks taken.

Of course the wealth redistribution Obama spoke about isn’t welfare or socialism its tax cuts. Remember those things that every giant conglomerate and rich person gets? Well under Obama’s plan those go away and the working people get the tax breaks. Not the people who don’t pay any taxes, not the people who don’t do any work, not the businesses who ship jobs overseas, not the businesses who dont pay any taxes because of off shore banks, not the businesses who make over a quarter of a million dollars a year.

I noticed you didn’t call the bailout wealth redistribution, or socialism, and you didnt call those tax cuts they got wealth redistribution, or socialism. Heck I dont call those tax cuts they enjoyed socialism and you know why? Because it was their money – they didnt get any money from the government. You know why the Obama tax plan isnt socialism? Same reason, its their money.

So I think I know why your attitude is so bad about this its because you’ve had your head up your socialism and you have a socialistic outlook.