>>>>>>>No kidding today on my way to lunch I passed a homeless guy with a sign that read 'Vote Obama, I need the money.' I laughed.
>>>>>>>I got into the restaurant and again no kidding my server had on a 'Obama 08' tie, again I laughed as he had given away his political preference--just imagine the coincidence.
>>>>>>>When the bill came I decided not to tip the server and explained to him that I was exploring the Obama redistribution of wealth concept. He stood there in
>>>>>>>disbelief while I told him that I was going to redistribute his tip to someone who I deemed more in need--the homeless guy outside. The server angrily stormed from my sight.
>>>>>>>I went outside, gave the homeless guy $10 and told him to thank the server inside as I 've decided he could use the money more. The homeless guy was grateful.
>>>>>>>At the end of my rather unscientific redistribution experiment I realized the homeless guy was grateful for the money he did not earn, but the waiter was pretty angry that I gave away the money he did earn even though the actual recipient needed money more.
>>>>>>>I guess redistribution of wealth is an easier thing to swallow in concept than in practical application.
>>>>>>>
>>>>>>>You might try this experiment yourself
>>>>>>
>>>>>>The waiter earns over 250 grand?
>>>>>
>>>>>I guess you missed the speeches recently where 250,000 went to 200,000 and then 150,000...? It keeps going down. His original tax plan was 40,000 but that changed pretty quickly. It will be interesting to see when he is in office what the final point will be.
>>>>
>>>>You're right. I did miss it. Still, picking on a waiter, who is probably living lean, for supporting Obama is about as petty as it gets.
>>>
>>>You take the story in too literal way. Try to be more flexible and look in perspective. When "ultra-rich" (by your side definition) get taxed more they have to change their spending habits. It may include less restaurants and lower tips. Would it affect waiters?
>>
>>Ussually investments are tax deductable (not in the US?) so people are encouraged to invest, particulary when they are rich. Increasing taxes might even trigger new investments.

>Walter, you accuse other people in sheer ignorance so often, and, at the same time, you are making a guess that is just too far from reality. One of the important points in Obama tax plan is raising capital gain taxes (i.e. taxes on investments) to the highest pre-1994 levels.

I guess you did miss the question mark, again making sweeping assumptions.

Taxes are only one instrument in the economy. I'd be more concerned about the future of the whole economy rather than indivudual taxes. But that really depends on how 'patriotic' one is.