Comment Re:Obama knows how to play politics if anything. (Score 0) 834
There are numerous examples throughout human history of what happens when too much wealth and power become concentrated in the hands of too few.
Capitalism doesn't concentrate too much wealth and power in the hands of too few. That's what socialism does.
The more capitalist a nation, the more stable it is. The more welfare and socialism, the more unstable it is, as evidenced by France and Greece.
But please, give me an example of what happens when the poor "punishes" the rich too much through "excessive taxation".
Zimbabwe. Most of sub-Saharan Africa. If it wasn't for tax "loopholes", the united States would be a third-world hellhole.;