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Would somebody explain how you make poor people rich by making rich people poor? How does that happen? ?

Update:

By it is my 3%. I did not sleep, I di not take a vacation, I did not seat on front porch

14 Answers

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  • 1 decade ago
    Favorite Answer

    It rewards mediocrity and discourages trying to better yourself.

    No matter how hard a person tries, under socialist economics which is where Obama and others want to take us, you will NEVER advance. Therefore after a while you stop trying.

  • 1 decade ago

    Easy. If you have made your billions by exploiting people to the bone, then maybe you can give back a bit. Multi-billionaires and millionaires can afford to pay into the society that has made them so filthy rich. Why should the ordinary Joe always be the one to pay the majority of the taxes while the wealthy get away with no or little tax because they have lawyers and loopholes on their side?

  • 1 decade ago

    Really people need to face the facts. If you give someone lets say $5000. That could help them in the short term but how does it help them in the long term? Once they have spent the money it doesn't provide any real ability to accumulate wealth for themselves.

    People should encourage self reliance and give them the tools needed to provide for themselves. Not a handout as all it does is keep them in need of future handouts.

  • 1 decade ago

    Wouldn't it be great if economic models could be encapsulated in a little catch phrase like this? What is it about business cycle stimulation that you don't understand? I don't have the will nor the energy to explain it.

  • Oops!
    Lv 6
    1 decade ago

    If a 3% tax increase is going to bankrupt you, sorry to say this, but you werent rich in the first place

  • Anonymous
    1 decade ago

    It does not work, but when nobama taxes you more he gets the money.

    So he can party with barney and his magic frank while hes dating and playing with someones fannie at Fannie mae.

    Once nobama has OUR money he gives it to people that have NO intention of working.

    See how easy that was.

  • 1 decade ago

    Could you explain how to make poor people have the money they need to survive by make the rich richer?

  • Anonymous
    1 decade ago

    Go ask Obama

    Source(s): McCain 08
  • Anonymous
    1 decade ago

    How many yrs of school have you attended

    I will surprised if you said till 8th grade

  • 1 decade ago

    It doesn't work. We already know this. Income redistribution is a crock. But hey, I guess Obama wants to try to reinvent the wheel next.

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