Posted 4 years ago on Jan. 26, 2012, 8:27 p.m. EST by inthe1percent
This content is user submitted and not an official statement
You guys want to take from the rich right? Well only 8,274 people in the US make over 10 million for a combined income of 240 billion dollars. Lets take all their money and divide it evenly between everyone, that's only $800 per person.
Better yet lets give that money to the government. They only spend $10,460,000,000 per day. So that 240 billion taken from the rich would only pay for govt spending for about 23 days.
After it's all confiscated and taken from the rich, what then? They will have no more money and what would their incentive be to go out and create it again?
No matter what there will always be a top 1% of income earners in this country. Punishing them because some people who made bad decisions in life and wont earn enough on their own is wrong, and will only deter future innovations.