In an act of typical congressional ignorance, Charles Rangel, referring to the way he and the other anti American congressman wish to fund a new healthcare debacle stated; we are targeting the wealthy because it “causes the least amount of pain on the least amount of people”. That’s an interesting comment that is completely and utterly false.
Let’s take one simple example. Ted Kennedy in his bright wisdom introduced and passed a tax on luxury boats sold in America targeting the wealthy because it causes the least amount of pain on the least amount of people. The result was American boat manufacturers moved to Bermuda, Bahamas, and everywhere else but America. They even closed down operations in his own state of Massachusetts at Boston Whaler.
You see the wealthy own the businesses where we work and derive our incomes. So when you try to inflict these unfair programs on them they just pick up and leave. Like the boating industry where the wealthy people instead of buying boats made in the US flew to the offshore locations and drove their boats home to dock in their San Diego harbor slip, the same will happen here. The wealthy will find a way out of the tax or they will find a new place to live. So instead of receiving additional tax benefits from the wealthy, these politicians put the people that make the boats out of work; me and you. Needless to say the boat tax was rescinded.
There is no reason to inflict “pain” on anyone here. We need to get the government out of our lives. That is the pain we need to address. This congress and administration is a total pain in the American way of life…