A recent Bloomberg finding shows two-thirds of Americans want Uncle Sam to tax the rich and use the money to create jobs. This is myopic, destructive and insane.
“You cannot lift the wage earner by pulling down the wage payer.” – Rev. William John Henry Boetcker (widely misattributed to Abraham Lincoln)
Let’s say you own a business – a chain of shoe stores maybe. Or better yet, just one big shoe store.
Let’s further say you had a really tough year in 2009. For the coming fiscal year (2010), you really need to see more profit. (As the owner of the business, net profits go toward things like securing your retirement... funding a decent lifestyle... feeding and clothing your family.)
