I love to hear this.  It makes me feel all warm and fuzzy because someone doesn’t get it.  It’s like watching someone turn the screw the wrong way.  Of course there are far too many people who refuse to turn the screw the other way and I just get frustrated and walk away.

Tax the Rich is actually counter productive.  The first thing is that what the government considers rich is not really rich.  It’s well off but your still only about 4 months from poverty.  I was shocked to learn that I was considered rich.  I was like “wow my used car is actually a Bentley”.  Who knew?

Second point is that the truly rich are ones writing the tax laws.  They will ensure that they have a way out.  As the taxes go up for them and the incentive to hide income goes up so does the use of these income hiding techniques.  In the end they pay just about the same they paid before the taxes went up.  But the not-really rich get hammered.  The extra 500 bucks we have to pay does not pay to get a really good account who can hide your money.

Third the government gets little blip of extra income and quickly spend it.  The worst thing for a government to have is a lot of money.  It’s like extra heroin or crack.  It only feeds the addiction.  They will budget it and depend on it next year.

My final point is never try to screw someone who can screw you worse.  The truly rich can get the hell out of the way the on rushing train of taxes.  They can move to the Caribbean.  The not-really rich get hammered and start cutting costs.  Which means your job.

So your taxes are higher but you lost your job so maybe they are not higher. At least you feel good about sticking it to the rich guy.  I am sure he feels bad while sipping on his margarita. 

Just accept that the truly rich have more then you.  What you should be trying to figure out instead is how to get to where they are and not how to take it way from them.