In this video, Obama says “I actually believe in redistribution.” He thinks redistribution means giving everyone a shot. Redistribution has nothing to do with giving people a shot but it is Marxist.
“In a higher phase of communist society… only then can the narrow horizon of bourgeois right be fully left behind and society inscribe on its banners: from each according to his ability, to each according to his needs.” ~ Karl Marx
Neither Obama nor Marx saw the power of the individual or the need for individual freedom and accomplishment. It’s about the collective!
A new study by the Congressional Research Service, a non-partisan group that does research for the government, found that cutting taxes for the wealthy does not generate faster economic growth, but may actually widen the income gap between the rich and everyone else.
The CRS historical analysis showed that as taxes on the wealthy grew, economic growth fell. Taxes either way can’t be proven to improve or hurt growth. However, what the study did show was that higher taxes on the wealthy cause more disparity between the wealthy and the rest of the population.
Read about the study at CNBC