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Video: President Obama's Statement on the Affordable Care Act

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kirkspencer4/01/2014 3:34:56 pm PDT

re: #102 GeneJockey

That’s exactly what I’ve been saying for a long time. Capitalism rewards having money. It sometimes rewards hard work, innovation, and risk-taking, but primarily it rewards having money.

And since the reward for having money is even more money, wealth is inevitably redistributed upwards, unless acted on by another force.

This was, during the 19th century, the reason for the estate tax.

Consider that anything less than a million is untaxed. Then consider how much screaming there is about 50% on everything above that amount. “Oh, dear, the dependents will be out on the street if kept to a mere million.”

/spit