The bottom line is this: The gap between the rich and the middle-class is huge and getting larger. Is this acceptable?
I say, “No!”
There have been numerous examples through history that show how destabilizing and how damaging it can be for a country when the rich tower too far above the rest. That was a major catalyst for the French Revolution. Or another way to look at it, do we become serf or slaves to the rich land owners, bankers, politicians?
Again I say, “No!”
CEOs are getting paid huge amounts in bonuses and other benefits, aside from their large six figure salaries. Middle-class wages, however, are fairly stagnate and benefits are cut regularly. I don’t agree with unions but they may have to come back to bring fairness into the equation. The rich are getting richer off the backs of the middle-class who are working just as hard as always, maybe harder, and getting less for their work.
Is Obama or his tax plan going to completely level the playing field? It absolutely will not. Most of the wealthy that would be affected by Obama’s tax plan will barely feel the pinch. Most of them can afford to pay tax advisers to find loop holes and other ways to avoid paying all the taxes they are supposed to anyway. Hell even we in the middle class do that! We look for any way to reduce our taxes we can. No one likes paying taxes, but the wealthy can certainly afford to do so much more than I. When gas prices jump, when food prices jump, when equity in our homes plummets, what are we left with? Living paycheck to paycheck wondering if we’ll have enough gas to make it to work tomorrow? Fearing that if your wife loses her job that you’ll lose your house? Having to go to a food bank for the first time in your life so that your children can have a decent meal? The wealthy don’t have to worry about that. They should be ethically and socially responsible and help those who need help. It should be their personal duty to spread the wealth. They shouldn’t have to be told to help but some have to be told.
To all those very wealthy who would be adversely affected by Obama’s tax plan:
- Do you really need more than a couple houses? I can understand a vacation home and your ‘regular’ home but why more?
- Do you really need a $100,000 car, in some cases multiple high-priced cars? A $30-40K car is pretty nice these days.
- What are you spending your money on anyway? Are you wasting it on silly toys and rare foods? Are you hording it away?
- Why is it so bad to give a bit more to help keep the country that made you so wealthy running well? Help educate the children. Help the less fortunate get on their feet and make something of themselves. Help make wages fair and equitable for all. These things would help the entire country excel. Isn’t that a good thing?