Guardian Live: Reports the following in its 3.21pm post, " The French government's 75% tax rate on incomes over €1m may have been knocked back by a constitutional court, but president Francois Hollande wants to reintroduce it next year,.. ".
Lets Get Real:
This is your future United States, you have in President Obama a close cousin of President Hollande, he has stated he wants to increase taxes further, for those of you not around in the 1970s, income tax was around 90% if you were rich in some Western countries. Thus the economic black hole that millions suffered through, why do you think Ronald Reagan and Margaret Thatcher won in the late 70s and early 80s, they understood that Government does not help, it destroys the will to get rich, the reason that President Obama does not get this simple fact is that he has NEVER worked in the private sector, he has spent his entire pre political life in the public sector, he has NEVER invented a dam thing, had to pay other people with private money, make money for investors. Obama is the worse kind of liberal, work shy in the private sector, he has never had to work, everyone tells him he is brilliant, his tax hike agenda wont last after 2016, you can take that to the bank folks, there will be no Son of Obama as Bush 43 was seen as the heir to Ronald Reagan. That is a tragic nature of Obama, when your ego does not match real reality, but your own version of it, in the real world Obama would get the sack from the private sector, its the TRUTH folks, and the worse part is US voters get that fact, and they still voted for him, all Empires end at the feet of hollow leader.
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