Wiseacre
Retired USAF Chief
And how that is pertinent to the topic goes back to the President's remarks that would suggest that nobody who is really rich got there by any means other than with subsidy and help from others.
Because, in order for obammy to implement his utopian country where the ACA is a money makin machine, where rich people and businesses finally ay a fair share (which always means more), where artists don't have to worry about gainful employment, and where unicorns prance in verdant fields of poppies, he is gonna need a shitload mo' money.
The thing is, the taxes Obama wants to impose on the 'super rich' would run the government at most for a few days at the current rate of spending. If he confiscated ALL the wealth of the top 5% of wage earners in the country, it would run the government for maybe a few weeks. Meanwhile, thousands upon thousands of jobs would go away or never be created throwing the country into far deeper deficits for as far as the eye can see.
Obama says the extra revenue would go to paying down the debt. I'll believe that when he says he'll freeze spending. And then really does it. Neither of which I'll be holding my breath for.