I tried to point this out to a friend the other day...to no avail.
He's always been "the rich don't pay their share" and "they have all the money".
A couple of weeks ago I looked up the Forbes Top 400 and added their estimated WORTH. This was for ALL the US BILLIONAIRES. Their accumulated estimated WORTH is about $1.38 Trillion, about the same as this years deficit.
Trying to explain to him that even if we took ALL their current WORTH, it would only match the deficit for THIS YEAR. It would do nothing for the deficit next year or the current debt.
That once their WORTH was taken, they would not have income from that worth the following years.
I tried also to explain, that taking their WORTH away means eliminating all the businesses they own or hold stock in. That would eliminate 100's of thousands of jobs, thus lowering income tax revenues further.
Some people only see what they CHOOSE to see in life. Its easier to look at a small picture, than it is a HUGE panorama with all its details. Its easier to look at a small snapshot and see a rich person and all his wealth. Its more difficult to look at a large picture of the same rich man, and see all the fine details, and appreciate the ENTIRE picture.
It is like Men are from Mars and women from...
Conservatives deal with logic and reason and what works.
Liberals/Progressives deal with emotions and the talking points that are drummed into them.
How can the Democrats expect any job recovery when they shut down drilling, don’t allow the building of nucelear power plants, coal plants, etc without going through all the regulations of the enviro whackos?
They are either stupid or want failure. I voted for both.